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

$675,000
2 Beds ⋅ 2 Baths ⋅ 733368 MLS ⋅ ['Fee Simple'] Tenure ⋅ White Sands Village BLDG.
Welcome to White Sands Village #333, a furnished island retreat in a peaceful, private setting. This 2 bedroom/ 2 bathroom unit is located on the top floor, so it is very quiet with no additional units above this one. Complex is equipped with a nearby elevator. You will also enjoy a covered parking stall that can fit up to 2 cars front to back. Unit currently holds an STVR license. This quiet location offers beautiful ocean views from the lanai, along with garden views. A great spot to relax and enjoy the ocean air. Property located directly across the street from the renowned Magic Sands Beach, this property puts one of Kona’s favorite beaches just moments away. White Sands Village offers an impressive array of resort-style amenities, including a pool and spa, sauna, pool table, barbecue areas, covered outdoor dining spaces, and tennis and pickleball courts.

77-6469 Alii Dr Unit 333, KAILUA KONA

Listing courtesy of KW Big Island.

$75,000
733311 MLS ⋅ ['Fee Simple'] Tenure
Build your dream home with wonderful ocean, sunset and coastline views just blocks to the shoreline on this graded lot! Commanding views, cooling breezes, and easy entry to and from this well located lot make this a great choice to build your next home onto. A graded driveway corridor is bulldozed and makes accessing the lot a breeze! View dolphins and seasonal whales from the comfort of your own property which frequent the sea below. This neighborhood has a shoreline park for easier ocean access. Launch kayaks, snorkel, swim, paddle board and more... The nearby boat ramp at Miloli'i Village can be used for sport boat launching, with it's pavilion and basketball court facilities great additional community resources. Two regional shopping centers are located 15-20 minutes away to the south in Ocean View; and the village of Captain Cook is only 35 minutes north with restaurants, supermarkets, post office, shops, farmer's market and more... One of Hawai'i's best oceanfront communities is ready for your next home!

Umi Ave, CAPTAIN COOK

Listing courtesy of Coast Properties Ltd..

$3,285,000
733240 MLS ⋅ ['Fee Simple'] Tenure
Create your legacy on the Big Island! Now is your opportunity to buy one of the last large pieces of agricultural land on the Leeward side of the Big Island. Priced now under $35k per acre, this pristine and virgin property offers an array of opportunities including large private estate parcel(s), Boutique or specialized agricultural venture or potential development. This historical 94.5 acre parcel, originally owned by a well-known ranching family is tucked in between Keauhou and Honalo and boasts virgin soil from many years of cattle ranching and grazing. Perfect opportunity for organic farming? Ranging from approximately 400' to 1,000' in elevation the land allows for many opportunities and options including a private luxury estate, family compound, agricultural venture or future development. Enjoy the beautiful warm, balmy weather of the Kona Coast throughout the year. Imagine the possibilities! *There are currently 6 water commitments that come with the property and a tentative subdivision approval for 6 parcels. Current owner began subdivision process and water entitlements. Buyers to perform their own due diligence with County for any potential development of property. Legal Access to property is from Ali'i Bypass Road and St. Paul's Road in Kainaliu. Current access is from Ali'i Bypass.

KAILUA KONA

Listing courtesy of COMPASS.

$143,000
731985 MLS ⋅ ['Fee Simple'] Tenure
Beautiful lot just 1.5 short blocks to beach below; Easy access for swimming, paddle boarding, kayaking, exploring coastal trails, watching dolphins and seasonal whales plus all of your favorite ocean activities! This graded lot has a bulldozed driveway from it's palm tree lined street frontage to it's lot surface for easy access. Build your dream home in this tropical oasis and enjoy ocean views and convenient strolls to the stunning shoreline below! Nearby shopping center with supermarkets, restaurants, post office and more approximately just 25 minutes away...

87-302 Kaohe Rd, CAPTAIN COOK

Listing courtesy of Coast Properties Ltd..

$160,000
733441 MLS ⋅ ['Fee Simple'] Tenure
HAKALAU LAND WITH OCEAN HORIZON VIEWS | FRUIT TREES + COUNTRY CHARM Discover a peaceful piece of Hawai‘i Island’s Hāmākua Coast! Located in Hakalau, Parcel 28 offers a grassy, mostly cleared setting with ocean horizon views, established fruit trees and a wonderful country feel — ready for a new owner to bring their vision. VIDEO: https://canva.link/prwkh32kedf28f6 Situated behind adjacent Parcel 27, this flag-shaped lot offers a fairly level, usable area with mature vegetation and open grassy space. The property was previously used for grazing goats and includes a small animal shed, offering a glimpse of its past small-farm use. PROPERTY HIGHLIGHTS • Hakalau / Hāmākua Coast location • Ocean horizon views • Flag-shaped parcel with driveway access • Fairly level, grassy & mostly cleared • Mostly fenced • Small existing animal shed • Previously used for grazing goats • Large, producing jaboticaba tree — sellers enjoyed harvesting the fruit and making homemade wine with family • Fruiting Citrus Tree (believe it to be Mandarin Orange tree) • Rainwater catchment for water • Power & internet may require installation/extension of an additional utility pole to reach this parcel — buyer to verify availability, requirements & costs with applicable utility/service providers • Approx. 20–25 minutes to Hilo & approx. 35 minutes to Honoka‘a • Nearby Hakalau Beach Park • Small weekly farmers market in the Hakalau community • Adjacent Parcel 27 is also offered for sale (MLS 733406), creating a unique opportunity to purchase one or both adjoining parcels A special opportunity to create your Hawai‘i home, garden or small-scale country retreat in Hakalau — or consider purchasing both parcels for additional space and possibilities. Fire hydrant at driveway entrance — sellers have already paid for the engineering work towards a relocation permit; buyer to pull permit & complete relocation if desired.

Old Mamalahoa Highway, HAKALAU

Listing courtesy of Coldwell Banker Island Properties - Hilo.

$985,000
3 Beds ⋅ 2 Baths ⋅ 733355 MLS ⋅ ['Fee Simple'] Tenure
Recently renovated with custom materials and carefully selected finishes, this home offers style and comfort. As you walk into the main living space you are greeted with abundant natural light and a desirable open floor plan, with views of the ocean seen from inside. Split/zoned AC keeps you comfortable year round, and 17 Fully owned solar panels minimize energy costs. The kitchen boasts natural stone counters, custom Zellige handmade tiles, and large format porcelain tile flooring. Enjoy the natural flow from kitchen to living room, conjoined by the dining space, with sliding glass doors to the spacious covered lanai making indoor/outdoor living and entertaining easy. Generously sized bedrooms, luxury vinyl plank flooring throughout, and thoughtful details in every space. The primary bedroom features a large walk-in closet with built-in shelving, and full en suite bathroom complete with natural stone counters, dual sinks, and a walk-in shower complete with ceramic wave tile floor to ceiling. Step out to the expansive fenced backyard, with fruit-producing trees and ocean views. Just down the street, you’ll find a lovely community park. And with Kona International Airport only minutes away, you’ll have easy access to travel, as well as quick commutes to nearby beaches, shopping, and dining. Experience island adventure and everyday living at its finest in this remarkable home.

73-4369 Kakahiaka St, KAILUA KONA

Listing courtesy of Real Broker.

$175,000
733406 MLS ⋅ ['Fee Simple'] Tenure
RARE HAKALAU LAND OPPORTUNITY | OCEAN HORIZON VIEWS + READY FOR YOUR VISION An appealing opportunity to own a smaller, usable building lot along Hawai‘i Island’s beautiful Hāmākua Coast. Located in Hakalau, Parcel 27 offers ocean horizon views, a mostly cleared and grassy setting, existing fencing and access to power — giving a future owner a great head start toward building. VIDEO: https://canva.link/prwkh32kedf28f6 This flag-shaped parcel slopes upward from the road before opening to a fairly level building area positioned higher than neighboring properties below, helping capture the ocean horizon and surrounding Hāmākua scenery. PROPERTY HIGHLIGHTS • Desirable Hakalau / Hāmākua Coast location • Ocean horizon views • Flag-shaped parcel with driveway access from the road • Fairly level, grassy and largely cleared building area • Power available to the lot • Mostly fenced — additional fencing needed along the boundary adjoining the rear parcel • Approx 20-25mins to Hilo & Approx 35mins to Honokaa • Nearby is Hakalau Beach Park • Small local farmers market held weekly in the Hakalau community • Buyer to install rainwater catchment system for water • Adjacent Parcel 28 behind also listed for sale (MLS 733441), providing an opportunity to purchase additional adjoining land. Smaller, buildable parcels can be difficult to find along the Hāmākua Coast — especially with ocean views, usable terrain and much of the clearing already completed. Bring your plans and create your own place in Hakalau!

Old Mamalahoa Highway, HAKALAU

Listing courtesy of Coldwell Banker Island Properties - Hilo.

$279,000
1 Baths ⋅ 733444 MLS ⋅ ['Fee Simple'] Tenure ⋅ Waiakea Villas BLDG.
Location is the Key to this Elegant Luxury Condo for sale close to downtown Hilo, If your looking for a space to call home and or have a vacation rental in Hilo then look no further for Waiakea Villas is perfect. Unit is located on the 3rd level facing the pool with an Extra Large balcony being 110 sq ft. Entire studio has been artfully upgraded with new tile, stone, appliances, fixtures, cabinets, custom woodwork, re-designed shelves & shutters on balcony, a re-designed roof with door to storage unit, ceiling lights ,2 Large Storage Closets for extra storage and unit comes furnished including : Custom Bed ,TV Stand and more. Laundry Area is conveniently located down the hallway and parking is in the open spacious parking area close to unit.. This unit is currently rented month to month for $ 1,590. Area is very close to Hilo Shopping Center which hosts, restaurants, health food Store, Bank and more. Walking distance to Wailoa River Park with Pavilions, Bike & walking Paths, Wailoa Art Center and the infamous Rainbow Bridges. Lots of ducks and Nene Geese can be spotted swimming and walking in the park as well. Wailoa River which runs through the park goes into the Hilo Bay which is minutes from complex.

400 Hualani St Unit 3317, HILO

Listing courtesy of eXp Realty.

$330,000
3 Beds ⋅ 1 Baths ⋅ 733388 MLS ⋅ ['Fee Simple'] Tenure
This Hilo home offers a fantastic opportunity to create a space that’s truly your own. With a solid starting point and plenty of potential, this property is a blank canvas ready for thoughtful updates, personal touches, and future improvements. Whether you’re looking for a home to customize over time or a property with value-add potential, this is an opportunity to bring your vision to life. The manageable outdoor space provides room for creating your own tropical retreat without the maintenance demands of an oversized property. There is also a covered space for one car at the front of the home. The roof was recently cleaned and is in good condition. Washer and Dryer located in outdoor laundry area with an additional shower. Conveniently located with easy access to Hilo’s shopping, dining, schools, medical facilities, and everyday necessities, 53 Aikane Street puts you close to the heart of town while still offering the comfort of a residential setting. Bring your ideas and imagination—this well-located property is ready for its next chapter.

53 Aikane Rd, HILO

Listing courtesy of Hawai'i Modern Realty.

$535,000
1 Beds ⋅ 1 Baths ⋅ 733396 MLS ⋅ ['Fee Simple'] Tenure ⋅ Hale Kona Kai BLDG.
Hale Kona Kai is a popular waterfront complex located on a quiet road off Alii Drive and only a short distance from shopping, restaurants, and everything Kailua Village has to offer! This charming, nicely decorated unit comes turnkey furnished with everything needed for a guest's home away from home. Ocean and lagoon views from the lanai to enjoy while sipping your morning coffee or early evening cocktail. **engineered wood flooring **Central A/C ** Elevator to all floors in the building **Laundry room located on each floor **ELECTRICITY, water trash, sewer, pest control in the unit included in HOA fees **Oceanfront pool. Hale Kona Kai is a true gem with vacationers returning year after year calling it their second home. STVR in place and ready to rent. Owner selling "AS-IS"

75-5870 Kahakai Rd Unit 211, KAILUA KONA

Listing courtesy of Kona Beach Properties LLC.

$475,000
733242 MLS ⋅ ['Fee Simple'] Tenure
Pleasant ocean views and steps from the ocean. This resort zoned property offers the perfect spot to create your vacation rental dreams! Zoning would also allow for an owner to live on the property while creating rental income. Ocean views from the upper portion of the property. Located in the sun belt of East Hawaii, with easy access to surfing, swimming, diving, jogging, and recreational bike riding, it's a place where cool tropical breezes and the calm waters of Onekahaka Beach Park are part of the package! Picnic or dine at two of East Hawaii's favorite oceanside restaurants, all within minutes of the property. While the current water meter supports residential development, the zoning may allow for expanded vacation rental opportunities. Dual road frontage provides easy access to Onekahaka while insuring limited development between this property and ocean. The owners has a topographical survey map which can be provided. Proposed house plans may be re-opened (check with CoH) that can help ease development requirements. Topo determined much of property is not in a flood zone(Zone X). In addition, sellers routinely maintains the property so it's easy to see the true beauty of this vibrant parcel! So come enjoy the weather and live your dreams in one of the very few ocean accessible East Hawaii neighborhoods.

176 Apapane Rd, HILO

Listing courtesy of Real Broker.

$899,000
3 Beds ⋅ 3 Baths ⋅ 733402 MLS ⋅ ['Fee Simple'] Tenure
Welcome to a true South Kona gem, this 3 Bedroom, 2 and a half bathroom home offers expansive views of the South Kona coast. With over 1,900 sqft of living area that features a wrap-around covered lanai. Located in the quaint Anoi Way neighborhood, this home encapsulates Hawai'i living. Anoi Way is conveniently located near schools, local eateries, grocery stores and the Kealakekua Ranch Center. In a place where homes rarely become available, don't miss your opportunity to make this South Kona property your dream home.

82-988 Anoi Way, CAPTAIN COOK

Listing courtesy of Go Luxe Realty.

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