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

$1,099,000
3 Beds 2 Baths 732164 MLS ['Fee Simple'] Tenure
Tucked along Old Mamalahoa Highway in desirable Kaloko, this well-maintained home sits in a welcoming, established neighborhood where homes are thoughtfully spaced and the pace feels relaxed. As you arrive, the cooler elevation and steady tradewinds immediately set the tone. At approximately 1,500 ft elevation, enjoy one of Kona’s most comfortable climates, with cool, consistent tradewinds, pleasant days, and cooler evenings—all just minutes to Keāhole Airport, Costco, Home Depot, and Kailua-Kona’s beaches, dining, and shopping. A new lava rock wall frames the front, adding privacy and a timeless island aesthetic that complements the lush tropical setting. The grounds offer a true garden retreat with mango, tangerine, papaya, guava, pineapple, dragon fruit, and avocado. Fragrant plantings such as gardenia, anthurium, puakenikeni, ginger, orchids, and night-blooming trumpet tree add color and scent throughout. Enjoy slow mornings with coffee surrounded by greenery and birdsong, and unwind in the evenings as golden sunsets filter through the windows. Inside, the open floor plan supports easy island living, with the primary bedroom set apart from the additional bedrooms. A bright dining area features a wall of windows, welcoming natural light and capturing Kona’s warm evening glow. Both bathrooms feature tile upgrades, and a den or craft room offers flexible space for a home office, hobby room, gym, or studio. Recent updates include new interior paint, updated fixtures, and new ceiling fans. Bamboo-strand wood flooring enhances the main living areas, with durable luxury plank vinyl in the bedrooms. The kitchen offers modern cabinetry, quartz countertops, and stainless appliances. With no CC&Rs, a peaceful rural setting, and convenient access to Kona’s amenities, this property offers comfortable island living in one of Kona’s desirable upland neighborhoods. Well cared for and move-in ready.

73-4644 Old Mamalahoa Highway, KAILUA KONA

Listing courtesy of eXp Realty.

$2,500,000
4 Beds 4 Baths 732305 MLS ['Fee Simple'] Tenure
Rarely does a property of this caliber become available. Designed by acclaimed Hawaiʻi architect Charles William Dickey and built in 1935 as the private estate of Laura Vestal Kennedy, exceptionally well-built and meticulously maintained 4-bedroom, 4-bath residence has remained in the same family since its completion. Offering 4,894 SF of living area, an additional 826 SF of lanais, and situated on 1.38 lushly landscaped ACRES directly across from Carlsmith Beach Park, a truly rare legacy property. Zoned RS-15, the property may offer subdivision potential (Buyer to verify with Hawaiʻi County), creating an exceptional opportunity for both homeowners & investors. Constructed by contractor Z. Kawasaki, this distinctive three-story home showcases timeless architectural character with graceful curved staircases, soaring ceilings, beautiful hardwood floors on the upper two levels, and abundant custom windows framing tropical garden, forest, and ocean views. Spacious Great Room opens to expansive lanais where cooling trade winds and ocean views create the perfect setting for entertaining or relaxing. Efficient kitchen adjoins both casual and formal dining areas. Upper level features two bedrooms connected by a Jack-and-Jill bath, with one opening directly onto the sun deck. Three of the four bedrooms include cedar-lined closets. Main level offers an additional bedroom and full bath, while the lower level provides an oversized laundry/hobby room, multiple storage rooms, and abundant space for projects or future possibilities. A detached garage complements the property, while mature tropical landscaping provides exceptional privacy in a park-like setting. Lovingly preserved by the same family since 1935, this extraordinary estate combines architectural significance, exceptional craftsmanship, generous indoor and outdoor living spaces, and an irreplaceable location near Carlsmith Beach Park, which is one of the best snorkeling beaches in East Hawaii.

1868 Kalanianaole St, HILO

Listing courtesy of Big Island Brokers.

$1,200,000
732170 MLS ['Fee Simple'] Tenure
Discover a rare opportunity to own a gently sloping 20+ acre ranch estate in The Ranch at Puakea, North Kohala’s premier gated oceanfront community along the Kohala Coast. This exceptional parcel offers sweeping panoramic ocean, sunset, and Maui views, with surrounding pastures and mature trees creating a peaceful sense of privacy and open space. Set within a 293-acre oceanfront community, the property combines the tranquility of country living with convenient access to everyday services, recreation, and resort amenities. The charming town of Hawi is just minutes away, while Waimea offers easy access to essential services, shopping, dining, and conveniences. World-class golf resorts and a wide variety of island recreation are also within reach, making this an ideal setting for those seeking both privacy and connection to the best of North Hawai‘i. Each parcel is served by both potable and irrigation water through County water and a private well system. Underground utilities are in place, including electric service by HELCO, phone service by Hawaiian TelCom, and TV/Internet cable by Spectrum. Owners enjoy access to The Ranch at Puakea’s approximately 2,100 feet of pristine ocean frontage—an unforgettable setting for seasonal whale watching and taking in the natural beauty of the Kohala Coast. With expansive acreage, dramatic views, established infrastructure, and access to one of the island’s most scenic coastal settings, this property offers an extraordinary canvas for your Hawai‘i ranch estate.

56-175 Pualani Rd, HAWI

Listing courtesy of Coldwell Banker Island Properties - Kamuela.

$950,000
2 Beds 3 Baths 732082 MLS ['Fee Simple'] Tenure
Set beneath a mature monkeypod canopy with filtered ocean views, this multi-level Kona residence offers a distinctive treehouse-like connection to its tropical setting. Built in 1980 and offered for sale for the first time, the home includes 2 bedrooms, 2 full baths, 1 half bath, approximately 1,762 square feet of living area, plus a lower-level one-bedroom, one-bath space. The main living level is defined by soaring open-beam wood ceilings and a direct connection to the covered screened lanai. Elevated within the canopy, the lanai feels suspended among the branches, where breezes move through the foliage and ocean views appear beyond the trees. It is a calm, sheltered setting that captures the home’s architectural experience and reflects Hawaiʻi’s indoor-outdoor way of living. The main level also includes a secondary bedroom and bath, while the upper level is dedicated to the primary suite with an adjoining office. The lower-level one-bedroom, one-bath apartment includes a spacious viewing deck, providing additional flexible space subject to buyer verification. A large workshop with storage adds further utility for projects, equipment, or creative use. The home’s original composition remains compelling: vaulted wood ceilings, screened outdoor living areas, mature landscaping, ocean outlooks, and a layered floor plan that follows the terrain. Located in the established Sunset View Terrace community, the property reflects relaxed kamaʻāina character shaped by greenery, elevation, and open-air living. Whether restoring its original beauty or creating a new vision, this is a distinctive opportunity to transform a property with enduring character into something truly remarkable. Agents and Buyers must independently verify any info they deem material or important to their purchase or any offered price thereunder.

77-6466 Marlin Rd, KAILUA KONA

Listing courtesy of COMPASS.

$1,575,000
3 Beds 3 Baths 730056 MLS ['Fee Simple'] Tenure
Perched in the coveted Wainani community of Kailua-Kona, this home presents a rare opportunity to experience elevated island living with sweeping ocean views, exceptional privacy, and a beautifully executed sense of design. Set on more than 2,000 sq ft, this 3 bedroom, 3 bath residence with an office blends refined comfort with the relaxed sophistication that defines luxury in West Hawaii. The thoughtful split floor plan enhances privacy and flow, while the dedicated office offers a versatile extension of the home for work, quiet retreat, or guest accommodations. At the center of the residence, the expansive kitchen makes an immediate impression with slab MSI quartz countertops, an oversized island, custom Bellmont cabinetry, a 6-burner gas range, and KitchenAid appliances, all framed by clean modern lines and a seamless connection to the living spaces. Luxury Provenza vinyl plank flooring, matte black hardware and fixtures, a shiplap accent wall with electric fireplace, custom closet systems, split AC in every room, solar hot water, and Milgard windows and doors speak to the quality and intention behind every upgrade. The home continues to impress outdoors, where tiled lanais, a landscaped yard, Zoysia grass, drip irrigation, and a custom rock wall create a serene backdrop for entertaining or unwinding. Backing to open land, the property captures both mountain and ocean breezes while preserving unobstructed panoramic views and a sense of calm privacy. Homes of this caliber, with this level of finish, location, and view corridor, are increasingly rare in Kailua-Kona. 73-1210 Wainani is a distinguished offering for the buyer seeking a truly special West Hawaii residence.

73-1210 Wainani St, KAILUA KONA

Listing courtesy of eXp Realty.

$550,000
1 Beds 1 Baths 730248 MLS ['Fee Simple'] Tenure
Modern and comfortable bungalow in Paauhau Village, known as “The Land of Sunshine,” just minutes from Honokaa Town. Impressive ocean views can be enjoyed from this home's open concept living room as well as its generously sized, covered lanai, which doubles the living area. Soaring open beam ceilings plus natural light from large windows make the interior feel spacious and airy. The bright kitchen features a hood vent over the gas range. Between the kitchen and primary bedroom, an attractively tiled shower/tub and double sinks complete a spacious bathroom. In the primary bedroom, a portion of the front lanai was enclosed to create an enviable walk in closet with sleek barn door. The updated laundry area with a brand new washer and dryer is conveniently situated near the home's entry. Nestled behind the home, the separate 332sqft utility shed was adapted and used as a charming guest retreat. The property's mature landscaping provides fresh longan fruit as well as lush foliage, creating privacy for both the home and the shed. Beneath the home, plenty of storage space is available, and the property has ample open areas for parking along the front of the lot or behind the home near the entrances to the home and the shed. HOA fees of $25/month cover maintenance of the neighborhood's private roads and the nearby park, which offers a swing set, surface courts, and a pavilion with shade for gatherings. Come experience the sunny weather and ocean vistas from Paauhau's ideal elevation to truly appreciate this sweet spot! Square footage may not match county records. The information herein may contain inaccuracies and is provided without warranty or guaranty of any kind. Agent and buyers must independently verify any info they deem material or important to their purchase.

44-506 Hoomau St, HONOKAA

Listing courtesy of Algood Hawaii, LLC.

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