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

410 Kauhiula Rd, HILO
$960,000
734245 MLS ⋅ ['Fee Simple'] Tenure
Discover your own private botanical paradise on this beautiful 5-acre gated property in Hilo Town, featuring stunning scenic views of Hilo Bay and a natural boundary along year-round Pohakunaka Stream. Conveniently located just off Lower Kaiwiki Road, this property offers a rare combination of privacy, seclusion, yet quick accessibility to Hilo town. The gated community features underground utilities and county water, providing a desirable foundation for your future home. Surrounded by lush tropical foliage, this unique property offers a serene setting to build your dream home while remaining conveniently close to amenities.

410 Kauhiula Rd, HILO

Listing courtesy of Hokulani Realty LLC.

45-3289 Milo St, HONOKAA
$749,000
3 Beds ⋅ 2 Baths ⋅ 733322 MLS ⋅ ['Fee Simple'] Tenure
Located on a quiet side street in Honokaa is this charming Plantation style 3 bedroom, 2 bath Home at Kaao Homesteads. Nicely updated with comfortable living spaces to enjoy! Home Features Include: 3 Bedrooms including a Home Office equipped with a Comfortable Workspace and Lots of Cabinets 2 Baths including a Full Guest Bath and 3/4 Main Bath Updated Kitchen with Corian Countertops, Large Island and Lots of Cabinets & Self-Closing Drawers Stainless Steel Appliances including a new Refrigerator and Range Hood Extra Office/Workspace in the Kitchen-Dining area, so you can multi-task when working or prepping meals Bamboo & Wood Flooring Main Suite offers two Closet Spaces, and a Main Bath with Tiled Shower and Glass Vessel Sink Vanity with Corian Countertop Comfortable & Cozy Living Area with a Front Entry Sitting Room so you have Privacy from the Front Door. Lovely Front Lanai with Trex Decking and Partial Ocean Views to Enjoy Laundry Room offers Lots of Windows providing Natural Light, with Cabinets and a full-size Washer & Dryer Extra Storage Rooms are used as a Workshed, Storage, Landscape Equipment, Water Heater and More! Fully Fenced & Gated to Keep Track of Fur-Babies and Young ones Beautiful Trees include Plumeria, Mango, and a Variety of Palm Trees

45-3289 Milo St, HONOKAA

Listing courtesy of eXp Realty.

75-6009 Alii Dr Unit M23, KAILUA KONA
$547,000
2 Beds ⋅ 2 Baths ⋅ 733191 MLS ⋅ ['Fee Simple'] Tenure ⋅ Kona Sea Ridge BLDG.
Arguably one of the best ocean views in Kona Sea Ridge, M-23 offers a wide ocean outlook from the kitchen, living room, primary bedroom and covered lanai. Cruise ships anchored offshore and Kona sunsets add to the setting. A view like this only comes with the location. This two-bedroom, two-bath condominium features vaulted ceilings, new carpeting, recent interior paint and updates to both bathrooms. The kitchen opens to the living room, keeping the ocean in sight while cooking, dining or relaxing. The covered lanai extends the living space outdoors with room for morning coffee or a meal overlooking the water. Newer appliances include the washer and dryer, and A/C units serve the living room and primary bedroom, and guest bedroom. Two assigned parking spaces include one covered and one uncovered space. Located in a quiet upper corner of the gated complex, M-23 offers privacy and convenient access to Kailua-Kona’s waterfront, restaurants and shops. Kona Sea Ridge amenities include a pool with a rock waterfall, spa, barbecue areas and fitness room.

75-6009 Alii Dr Unit M23, KAILUA KONA

Listing courtesy of LUVA LLC.

311 Kinoole St, HILO
$1,300,000
7 Baths ⋅ 733721 MLS ⋅ ['Fee Simple'] Tenure
The Mamo Mart building at the corner of Mamo and Kinoole Streets offers prime retail and office spaces. Positioned near landmarks like the Hilo Farmers Market, this asset guarantees great visibility for local businesses. A standout feature for downtown is the building’s dedicated covered parking garage, providing maximum convenience for customers and tenants. Units feature flexible, open-concept floor plans in numerous sizes offering a wide range of customization. Mamo Mart has been a staple commercial property in the East Hawaii community.

311 Kinoole St, HILO

Listing courtesy of Ginoza Realty Inc.

78-6980 Kaluna St Unit 117, KAILUA KONA
$998,000
2 Beds ⋅ 2 Baths ⋅ 734278 MLS ⋅ ['Fee Simple'] Tenure ⋅ Villas At Keauhou Estates BLDG.
Located in the Villas at Keauhou Estates, this spectacular ocean-view villa offers the privacy and comfort of a house with the all the convenience of condo ownership. Video: my.matterport.com/show/?m=NBccunZ8xpF&mls=1 A fabulous outdoor entertaining area and two-car garage are among the highlights. The Villas are superbly designed with only two villas in each building. The delightful Mediterranean style compliments a relaxed lifestyle where a typical day includes a tennis or pickleball match, a dip in the pool and an afternoon barbecue. Vaulted ceilings and skylights add to the sense of space, and the great room opens to a wrap-around lanai with a wet bar for outdoor entertaining. Enjoy your Kona coffee at the breakfast bar or take a seat in the dining area to indulge in fresh island fruit while watching waves collide with the rugged Keauhou coastline. Stunning engineered wood floors carry throughout the residence. Furnishings are included with the sale including the island-inspired art collection. The master suite opens to its own ocean-view lanai, a home office and the master bathroom. After a day of island adventure, retreat to the oversized soaking tub that overlooks the tropical surroundings. A walk-in shower with a glass door, and long vanity with solid counter tops and two sinks are additional highlights. An enormous, walk-in closet is lined with cedar. A guest bedroom features a generous-sized closet and the guest bathroom next to it. Features for easy living include central A/C, an epoxy-painted garage floor and close proximity to the community center. This premier, gated community is comprised of only 58 units, and most belong to part-time residents. No rentals shorter than 180 days. One dog or cat allowed, not to exceed 25 lbs. Home and termite inspections are available. Many mechanical items are at the end of their useful life. Property is priced to accommodate replacement by the next owner.

78-6980 Kaluna St Unit 117, KAILUA KONA

Listing courtesy of COMPASS.

76-874 Io Kualua Pl, KAILUA KONA
$2,249,000
4 Beds ⋅ 5 Baths ⋅ 734561 MLS ⋅ ['Fee Simple'] Tenure ⋅ Io View Estates Ii BLDG.
76-874 Io Kualua Pl, an architectural masterpiece in Kona. Majestic lava rock walls set the stage for a dramatic arrival, leading to an Asian inspired colonnade entry that whispers serenity. Inside, Balinese pod style pavilions are gracefully arranged around an infinity edge saltwater pool cascading over a stone temple wall. Newly waterproofed with a five year manufacturer and labor warranty, the pool deck flows onto new wood decking made for effortless entertaining. Like a treehouse suspended in the jungle canopy, the residence pairs a spectacular chef’s kitchen and generous gathering spaces with two detached upper level bedroom suites, each with a full bath and sharing a dedicated laundry. Every detail reflects rare artistry: French copper roof and gutters, redwood siding, Brazilian cherry hardwood floors, and handcrafted mahogany pocket doors, windows, built in beds, wardrobes, and cabinetry. Granite surfaces add understated opulence. The final project of acclaimed architect Robert Nespor, the estate was meticulously renovated between 2020 and 2023. A spacious downstairs bedroom with private entrance welcomes visiting friends and family. Additional luxuries include an air conditioned lower media room, an expansive workshop, a guest suite with private entry, and parking for up to five vehicles. Beyond the architecture, the land flourishes. A vibrant orchard produces mango, lychee, two varieties of avocado, Meyer lemon, Tahitian lime, pineapple, and a wide array of tropical delights, a bounty at your doorstep. Exotic. Glamorous. Singular. A true statement property, unlike any other.

76-874 Io Kualua Pl, KAILUA KONA

Listing courtesy of Coldwell Banker Island Properties - Kona.

3734 Uka Pl, HILO
$439,000
734546 MLS ⋅ ['Fee Simple'] Tenure
Build your dream home on this prime 1-acre cul-de-sac lot on Uka Place in Waiākea Uka. Already cleared, with access to HELCO power and county water, this property offers a head start toward bringing your vision to life. Included are approved building permits and plans for a spacious 3-bedroom, 3-bath home featuring 2,112 square feet of living area and an additional 1,152 square feet of accessory area. With plans and permits in place, much of the initial planning has already been completed. The generous acreage provides room to create your own outdoor retreat, with space for gardens, landscaping, and outdoor enjoyment. An excellent opportunity to build a new home in Hilo’s Waiākea Uka community. Information herein deemed reliable but not guaranteed. Buyer and buyers agent to do their own due diligence on all pertinent facts.

3734 Uka Pl, HILO

Listing courtesy of Better Homes and Gardens Real Estate Hank Correa Realty.

439 Kawailani St, HILO
$250,000
734518 MLS ⋅ ['Fee Simple'] Tenure
Explore the possibilities at 439 W. Kawailani Street in Hilo. This spacious 17,663 square foot parcel—approximately 0.41 acre—offers an opportunity to create something new, with the potential for multiple dwellings. Whether you envision a primary residence with additional living space or a future investment property, this generous lot provides room to bring your plans to life. The property is being sold strictly AS IS for land value only. The existing house is in severe disrepair, and no value is attributed to the structure. The opportunity lies in the land and its future use. Multiple dwellings are possible, subject to applicable permitting and County requirements. Buyers should verify development plans, utility capacity, and all requirements relevant to their intended use. Bring your vision and discover the potential of this Hilo property.

439 Kawailani St, HILO

Listing courtesy of Better Homes and Gardens Real Estate Hank Correa Realty.

75-6124 Alii Dr Unit 207, KAILUA KONA
$499,000
1 Beds ⋅ 1 Baths ⋅ 734255 MLS ⋅ ['Fee Simple'] Tenure ⋅ Kona Riviera Villa BLDG.
Turn-key furnished and tastefully appointed, this highly successful vacation rental condo at Kona Riviera Villa on Ali’i Drive in Kailua-Kona is ready for its new owners! This bright upstairs unit offers 1 bedroom plus a flex space that works as a 2nd bedroom or home office. The kitchen features granite countertops, stainless steel appliances, and solid-wood cabinets. Step out to the kitchen lanai to watch the sunrise over Hualalai in the morning and listen to the soothing sound of the waves of the Pacific. Unit Features: LVP & Tile flooring Stainless Steel Appliances New shower tile Fresh paint Ceiling fans AC unit Assigned Parking Stall Kona Riviera Villa is a boutique 14-unit oceanfront complex on Alii Drive. It’s across the street from Alii Gardens Marketplace and a short walk to Alii Saltwater Pool and Turtle Beach. The complex has a pool and sundeck with a BBQ area, one assigned parking stall per unit, and extra storage for each unit. Monthly dues cover water, sewer, rubbish, cable, and common area maintenance.

75-6124 Alii Dr Unit 207, KAILUA KONA

Listing courtesy of Real Broker.

79-7199 Mamalahoa Hwy Unit 139, HOLUALOA
$429,900
2 Beds ⋅ 2 Baths ⋅ 734323 MLS ⋅ ['Fee Simple'] Tenure ⋅ Kona Coffee Villas BLDG.
Welcome to Kona Coffee Villas #139, where beautiful, expansive ocean views meet relaxed island living! This inviting condo features a spacious, open floor plan with a bright, airy feel and seamless flow between the kitchen, dining, and living areas. Tastefully renovated in 2021, the kitchen and bathrooms feature attractive finishes and thoughtful updates. Both bathrooms feature generously sized walk-in showers for added comfort and convenience. Enjoy two outdoor living spaces, perfect for morning coffee, relaxing with a good book, or simply taking in the stunning ocean views and refreshing Hawaiian breezes. The primary bedroom opens directly onto its own private lanai, creating a peaceful retreat. The open layout makes entertaining effortless while embracing the indoor-outdoor lifestyle that makes living in Hawaii so special. Ideally situated just steps from the community pool and clubhouse, you'll appreciate the convenience of a refreshing swim, an afternoon lounging in the tropical sunshine, or grilling at the community BBQ. Kona Coffee Villas offers a convenient location near shopping, dining, beaches, and the many recreational activities along the beautiful Kona Coast. Whether you're looking for a full-time residence or an island getaway, Unit #139 offers unobstructed ocean views, tasteful renovations, an open floor plan, and inviting outdoor spaces. Experience the beauty and ease of Kona living at Kona Coffee Villas #139!

79-7199 Mamalahoa Hwy Unit 139, HOLUALOA

Listing courtesy of COMPASS.

33 Awapuhi St, HILO
$539,500
3 Beds ⋅ 2 Baths ⋅ 734147 MLS ⋅ ['Fee Simple'] Tenure
What a transformation! This charming 3-bedroom, 2-bath home in Waiakea Homestead Houselots has a fresh new look & is ready to welcome its next owner! Conveniently located minutes from Hilo town, schools, shopping & restaurants, this sweet home offers the comfort of an established neighborhood close to everything. Its freshly painted white exterior with contrasting gray trim creates a welcoming appearance, while fresh interior paint brightens the home. Wood floors add warmth & character throughout the 1,024 square feet of living space. The sellers have lovingly prepared the home, completing numerous improvements & maintenance items, including: Fresh interior & exterior paint Repainted roof New smoke detectors Solar water heater replaced around 2022 Wastewater line repairs Thorough cleaning by the sellers Appliances included The home was tent fumigated by Aloha Termite & Pest Control on July 28, 2026, with a termite fumigation warranty through July 28, 2031, subject to warranty terms & conditions. At the current asking price of 539,500, the sellers will provide a Liberty Home Warranty covering eligible plumbing, electrical systems & appliances, subject to plan terms, limits & exclusions. Situated on a generous 16,650-square-foot lot, the property offers room for gardening, outdoor enjoyment or relaxing in your own yard. Fencing along the sides & rear provides a defined outdoor space with many possibilities. The home has been thoughtfully staged to help buyers envision making each space their own. Staging items are not included in the sale. Whether purchasing your first home, downsizing or searching for a comfortable home close to town, this property offers charm, convenience & room to make it your own. Come see the transformation & imagine calling this sweet Hilo home yours!

33 Awapuhi St, HILO

Listing courtesy of Hara Chun Realty, LLC.

81-6432 Mamalahoa Highway, KEALAKEKUA
$949,000
4 Beds ⋅ 2 Baths ⋅ 734601 MLS ⋅ ['Fee Simple'] Tenure
Set on just over half an acre of lush tropical grounds, this updated Hawai‘i home pairs island character with flexible living space and room to grow. The 3-bedroom, 1-bath main residence centers on a bright, open living and dining area, framed by large windows that draw the surrounding greenery into nearly every room. The updated kitchen offers shaker-style cabinetry, stainless steel appliances, and ample counter space, and covered outdoor areas carry the living space into the gardens. Attached to the home, a private studio with its own bath and separate entrance can serve as guest quarters, a home office, a creative space, or whatever your lifestyle calls for. Enjoy plenty of parking space for multiple cars/trailer/boat etc. Step outside into your own tropical garden, with established lychee, banana, avocado, and papaya trees alongside coffee and macadamia nut. A covered lanai and outdoor shower make the most of Hawai‘i's indoor-outdoor living, and the generous grounds leave plenty of space to relax, garden, or entertain. Practical upgrades include a leased Sunrun photovoltaic system with Tesla battery storage. For those looking ahead, engineered building plans for a fully detached guest house are included with the sale! All home furnishings are negotiable as well! An updated main home, a private studio, mature fruit trees, solar with battery storage, and plans in hand for a separate guest house make this property both move in ready and yet ready for even more!

81-6432 Mamalahoa Highway, KEALAKEKUA

Listing courtesy of LUVA LLC.

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