Big Island Hawaii Properties

Real Estate for Sale in Hawaii Big Island: Your Complete 2024 Guide

Discover your dream property among the diverse real estate offerings on Hawaii's Big Island. From oceanfront luxury homes in Kona to affordable condos in Hilo, the Big Island's real estate market offers something for every buyer. This comprehensive guide will help you navigate the unique opportunities and considerations of buying property on Hawaii's largest island.

Current Market Statistics (2024)

Median Sale Prices by District

  • North Kona: $875,000 (single-family homes)
  • South Kona: $699,000 (single-family homes)
  • Hilo: $489,000 (single-family homes)
  • Puna: $375,000 (single-family homes)
  • Waimea: $725,000 (single-family homes)
  • North Kohala: $799,000 (single-family homes)

Market Trends

  • Average Days on Market: 45 days
  • Inventory Levels: 3.2 months of inventory
  • Year-over-Year Price Change: +7.5%
  • Average Price per Square Foot: $375

Popular Areas for Real Estate on the Big Island

Kona Coast

The sunny western coast of the Big Island is home to some of the most sought-after real estate in Hawaii. Kona properties offer:

  • Median condo price: $550,000
  • Average rental rates: $2,500-$4,500/month
  • Annual visitors: 1.2 million (supporting vacation rental demand)
  • New development projects: 3 major residential communities under construction

Hilo Area

The eastern side of the island presents more affordable options with lush tropical surroundings:

  • Median condo price: $389,000
  • Average rental rates: $1,800-$3,200/month
  • University enrollment: 3,000+ students (creating steady rental demand)
  • Commercial development: $50M downtown revitalization project underway

Waimea (Kamuela)

This upcountry region offers a unique climate and lifestyle:

  • Median land price: $375,000 per acre
  • Average home size: 2,400 sq ft
  • Annual rainfall: 60 inches
  • Elevation: 2,670 ft (offering cooler temperatures)

Types of Properties Available

Single-Family Homes

  • Starting prices from $400,000 in Puna to $1M+ in resort areas
  • Various architectural styles from plantation to modern
  • Options for both move-in ready and fixer-uppers
  • Properties often include tropical landscaping and fruit trees

Condominiums

  • Vacation rental potential in resort areas
  • Monthly fees cover maintenance and amenities
  • Beachfront and golf course locations available
  • Perfect for both full-time residents and investors

Land and Lots

  • Agricultural parcels for farming or ranching
  • Ocean view lots for custom home building
  • Raw land in developing areas
  • Opportunities for sustainable living

Market Insights and Considerations

Current Market Trends

  • Steady appreciation in most areas
  • Strong demand from mainland buyers
  • Limited inventory in premium locations
  • Growing interest in sustainable properties

Important Considerations

  • Lava zones and insurance requirements
  • Water catchment vs. county water
  • Property tax rates and exemptions
  • Climate variations between regions
  • Distance to amenities and services

Tips for Buying Big Island Real Estate

Working with Local Experts

  • Partner with a realtor familiar with local markets
  • Consult with insurance providers about coverage
  • Engage local inspectors who understand island conditions
  • Work with experienced escrow companies

Due Diligence

  • Research lava zones and flood plains
  • Verify water sources and utility access
  • Check CC&Rs and HOA requirements
  • Consider future development plans in the area

Investment Opportunities

Vacation Rentals

  • Popular in resort areas like Waikoloa and Mauna Lani
  • Strong rental demand during peak seasons
  • Management companies available
  • Potential for both short and long-term rentals

Long-term Appreciation

  • Historical trend of steady value increases
  • Limited land supply supports future appreciation
  • Growing demand from remote workers
  • Infrastructure improvements adding value

Resources for Buyers

Local Services

  • Property management companies
  • Home inspection services
  • Insurance providers
  • Mortgage lenders familiar with Hawaii properties

Community Information

  • School districts and educational options
  • Healthcare facilities and services
  • Shopping and entertainment
  • Cultural activities and events

Contact a Local Expert

Ready to explore real estate opportunities on the Big Island? Connect with local experts who can help you find the perfect property. From beachfront condos to upcountry estates, the Big Island offers diverse options for every lifestyle and budget.

Start your journey to owning a piece of paradise on Hawaii's Big Island today. Contact a local realtor to learn more about current listings and market opportunities.

Big Island Hawaii Properties

84-4903 Hawaii Belt Rd, CAPTAIN COOK
$725,000
5 Beds ⋅ 5 Baths ⋅ 734632 MLS ⋅ ['Leasehold'] Tenure
This is a leasehold property. with 17 years left on the lease. Cash purchase only. Prime 4 acre manicured gentleman's farm with a variety of fruits and exotic plants. The main house has 4 bedrooms and 3 baths. Guest house has 2 bedrooms and 1 bath. Seller is looking to retain a Life Estate in the 2 bedroom cottage at this price. If someone wants to buy the property without him then the sales price increases to $925,000. Lots of classic Hawaiian features make this home unique and one of a kind. Koa wood walls, Ohia wood posts, old brick fireplace. One of the property’s most extraordinary features is its fabulous coastline and expansive ocean views. Enjoy breathtaking views of the Pacific Ocean, beautiful coastal scenery, and magnificent sunsets. The setting offers a wonderful connection to nature, with the soothing sounds of the birds and refreshing tropical breezes. The elevated or ocean-facing portions of the property provide beautiful opportunities for outdoor entertaining, relaxing, and enjoying Hawaii’s extraordinary natural surroundings. The magnificent 3,016 -square-foot Hawaiiana home has a separate primary suite on the upper floor designed to capture the warmth, charm, and relaxed elegance of traditional Hawaiian architecture. The home features the possibility of: Spacious open-concept living and dining areas. Beautiful vaulted ceilings with exposed wood beams. Natural wood finishes and tropical architectural details. Large windows and sliding glass doors. A gourmet kitchen with newer top of the line appliances along with generous entertaining space. Spacious bedrooms and beautifully appointed updated bathrooms. An expansive covered lanai overlooking the farm and ocean. Indoor-outdoor living that embraces Hawaii’s tropical climate. The large lanai becomes an extension of the home, providing the perfect setting for morning coffee, sunset dinners, entertaining family and friends, or simply relaxing!

84-4903 Hawaii Belt Rd, CAPTAIN COOK

Listing courtesy of eXp Realty.

75-685 Mea Lanakila Pl, KAILUA KONA
$1,099,000
4 Beds ⋅ 3 Baths ⋅ 734308 MLS ⋅ ['Fee Simple'] Tenure
Tucked away on a quiet cul-de-sac near the top of a desirable Kailua-Kona neighborhood, this beautifully maintained 4-bedroom, 3-bath residence offers an ideal blend of comfort, convenience, and island living. Improvements by both previous and current owners make this two-story home fresh, inviting, and move-in ready. Flexible living space. Multi generational option? The open-concept floor plan offers spacious living areas, while the wraparound covered lanai showcases ocean views and embraces Hawaiʻi's indoor-outdoor lifestyle. Central A/C, replaced in late 2024, provides year-round comfort, while the home's favorable elevation welcomes refreshing island breezes. Energy-conscious features include 16 leased solar panels with HELCO net metering and a NEW solar water heater installed in November 2025. A hot water comfort circulation pump adds convenience, while the solar water heating system can supply hot water even during power outages. Surrounded by mature palms, fruit trees, and space to garden, this property offers a tropical setting with room to make it your own. Additional highlights include: *4 bedrooms and 3 full bathrooms PLUS family room. *Updates to both upper and lower levels *Wraparound covered lanai with ocean views *Open-concept living and newer central A/C *Solar water heater installed November 2025 *Hot water comfort circulation pump *16 leased solar panels with HELCO net metering *Attached 2-car garage with additional storage *County water and sewer connections *Underground utilities and low HOA fees *Sidewalks, curbs, and nearby county park *Quiet cul-de-sac near the top of the subdivision. Minutes from Kailua-Kona's beaches, shopping, restaurants, and schools, this home offers island living with everyday conveniences close by. Buyer benefit: A pre-listing inspection by Top Notch Home Inspections has already been completed, offering buyers added transparency and confidence.

75-685 Mea Lanakila Pl, KAILUA KONA

Listing courtesy of COMPASS.

29-2070 Kaiwiki Homestead Rd, HAKALAU
$2,100,000
734678 MLS ⋅ ['Fee Simple'] Tenure
Established Exotic Fruit Farm & Packing Facility – 28+ Acres – Wailea, Hāmākua Coast, Big Island A rare chance to own a mature, producing tropical fruit farm with its own food-safety packing facility, in one of the few places in the U.S. where mangosteen and durian grow commercially. On the property: 90 mangosteen trees, 25 durian trees, 8 acres of heart of palm, 3 acres of warabi fern, 4 acres of heliconia, ginger and tropical foliage, ʻulu, and 3 acres of assorted tropical fruit. Facility: About 13,000 sq ft under roof, including a 9,000 sq ft packing house with office, bathroom, shower and garage, plus a 4,000 sq ft unfinished bonus room, all on concrete pads. Food-safety-certified water storage with UV/carbon filtration, solar power system with diesel backup generator, full perimeter fencing, windbreaks, and USDA-approved diversion ditches. Established business: In operation since 2001, with existing wholesale clients and long-standing relationships with agricultural agencies. Access to produce from an additional 100+ acres of affiliated orchards, including avocado, citrus, lychee, longan, rambutan, jackfruit, açaí, nutmeg, cinnamon, starfruit, betel nut, and rare Southeast Asian tropicals. Transition support: The founder, with 50+ years growing exotic fruit in Hawaiʻi, will help the new owner get established. Full inventory and business disclosures available to qualified buyers upon request.

29-2070 Kaiwiki Homestead Rd, HAKALAU

Listing courtesy of Coldwell Banker Island Properties - Hilo.

74-5618 Palani Rd Unit M3, KAILUA KONA
$129,000
1 Beds ⋅ 1 Baths ⋅ 734598 MLS ⋅ ['Leasehold'] Tenure ⋅ Kona Kai BLDG.
This is a leasehold property. Discover an exceptional opportunity to own a beautifully upgraded, income-producing condominium in the heart of Kona! This stylishly furnished vacation rental has a proven track record of success, consistently generating approximately $57,000 in annual gross rental revenue. With upgraded flooring, attractive furnishings included in the sale, and an established short-term rental history, this property offers an appealing combination of comfort, convenience, and investment potential. This inviting condominium offers a welcoming tropical retreat for owners and guests alike. The included furnishings make this an attractive turnkey opportunity for buyers looking to continue its successful rental operation. Location is one of this property's greatest assets. Situated in the heart of Kona, you're just minutes from the ocean, beaches, restaurants, shopping, banking, and everyday conveniences. Guests appreciate the central location, with easy access to Kona's beautiful coastline, spectacular sunsets, and popular attractions. This highly desirable setting has helped contribute to the property's consistent rental performance. The sale includes one assigned parking space, providing added convenience for owners and guests. Please note: This is a leasehold property, and due to leasehold financing limitations, a cash purchase is required. Rental income figures are historical gross revenues and are not a guarantee of future performance. Whether you're looking to expand your vacation rental portfolio or enjoy your own tropical getaway with established income potential, this upgraded, fully furnished Kona condominium offers an outstanding combination of location, style, and proven rental performance.

74-5618 Palani Rd Unit M3, KAILUA KONA

Listing courtesy of Hawaii Real Estate Group LLC.

345 Hoaka Rd, HILO
$509,000
3 Beds ⋅ 2 Baths ⋅ 734599 MLS ⋅ ['Fee Simple'] Tenure
Now listed under recently appraised value! Nestled along the banks of the historic Waiakea Stream in one of Hilo's most peaceful and established neighborhoods, this beautifully renovated property offers a rare combination of modern comfort, tropical beauty, and island tranquility. Set on a generous 12,454-square-foot parcel, the home enjoys a peaceful streamside setting along with incredible landscaping that immediately captivates the senses. Completely rebuilt and renovated in 2022, the permitted upper level is move-in ready and features three spacious bedrooms, one full bath, and a bright living area. The stylish kitchen showcases quartz countertops, stainless steel appliances and contemporary finishes that blend seamlessly with the home's modern island aesthetic. New windows, flooring, siding, and a new roof will provide years of low-maintenance ownership. The lower level offers a versatile and inviting unpermitted additional 192 square feet of living space with its own private entrance, kitchenette, second bathroom, covered parking area, outdoor shower, plus a 108 sq ft utility room. Whether used for extended family, guests, a hosted vacation rental, or long-term tenant accommodations, this flexible space presents excellent income-generating potential. The true highlight of this exceptional property is the lush botanical landscape that surrounds the home. Mature fruit trees and exotic tropical plantings create a private garden sanctuary. Harvest fresh ulu (breadfruit), jaboticaba, tangelo, Meyer lemon, Okinawan sweet potato, and an array of additional edible plantings throughout the year. Rainbow eucalyptus, bamboo palms, Rhapis palms, and rare variegated Monstera contribute to the property's rich tropical character.

345 Hoaka Rd, HILO

Listing courtesy of Hawai'i Modern Realty.

77-6436 Pualani St, KAILUA KONA
$1,250,000
4 Beds ⋅ 3 Baths ⋅ 733916 MLS ⋅ ['Fee Simple'] Tenure
The ocean views from 76-6436 Pualani Street in Kona, Hawaii are nothing short of spectacular! Perched above the Kona coastline, this distinctive 4-bedroom, 2.5-bath Lindal cedar home captures breathtaking panoramic ocean views from every level, creating an extraordinary backdrop for island living. Known for their timeless architectural design, natural wood craftsmanship, and seamless connection to the outdoors, Lindal cedar homes offer a warmth and character that set them apart. This Kailua-Kona residence embraces the beauty of Hawaii's tropical landscape, with expansive vistas that make every day feel like a getaway. Whether enjoying Kona's famous sunsets, entertaining friends and family, or simply relaxing in the comfort of your island retreat, the views are truly the centerpiece of this special property. With generous living spaces, distinctive architecture, and an exceptional setting, this Big Island home presents a wonderful opportunity to embrace the Kona lifestyle. Practicality meets island charm with a spacious rear parking area, offering ample room for additional vehicles and guests - a welcome feature in hillside Kona neighborhoods. A two-car garage provides additional convenience and storage. With its classic cedar construction and architectural personality, this home offers an inviting canvas for personal touches and thoughtful updates. The opportunity to refresh the home and finishes allows the next owner to blend modern comforts with the timeless appeal of a Lindal cedar home. Spectacular views, architectural character, generous parking, and the relaxed elegance of Hawaii living come together in this unique Kona property. Discover the possibilities of making 76-6436 Pualani Street your own piece of paradise.

77-6436 Pualani St, KAILUA KONA

Listing courtesy of NextHome Paradise Realty.

83-5290 Middle Keei Rd, CAPTAIN COOK
$899,000
3 Beds ⋅ 3 Baths ⋅ 734627 MLS ⋅ ['Fee Simple'] Tenure ⋅ Keei 1st BLDG.
Set on 1.44 acres in the green hillsides of South Kona at an ideal elevation, this impeccably maintained home pairs the island’s most sought-after climate with move-in-ready care. Cooler evenings, regular rainfall, and a landscape that stays vibrantly green year-round make this one of the most comfortable places to live on the Big Island. The entire lot has just been bulldozed and graded, with fresh soil brought in and a graceful border of areca palms and podocarpus planted around the property. The result is a clean, level canvas ready for gardens, coffee, orchard, or whatever you envision, framed by tropical privacy from the moment you arrive. The lot was subdivided prior to 1976, which allows the owner to build an additional dwelling without a farm plan. That is a rare advantage on agricultural land. The roof, entire exterior and some of the interior were freshly repainted in 2026. The home was fumigated in 2023, and a termite warranty transfers with the sale. Solar hot water keeps utility costs low. From the home, enjoy a small view of Kealakekua Bay, a glimpse of one of Hawaii’s most historic and beautiful places. Downstairs, a 396 sq ft finished basement offers flexible space for a home office, workshop, or hobbies. With some additional finishing, it could become a separate studio rental. The oversized carport is perfect for parties and has an additional bathroom with laundry. Mature mango, avocado, and Jaboticaba grace the lot with fruit when in season. The home is within a 10 minute drive of iconic Pu'uhonua O Honaunau(2 steps), Manini Beach, and Kealakekua Bay. There are also restaurants and coffee shops in the immediate area. Kona Airport is a 45 minute drive away.

83-5290 Middle Keei Rd, CAPTAIN COOK

Listing courtesy of KW Big Island.

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