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With a population of over nine thousand people, the small town of Waimea is one of the largest towns of the big island in Hawaii.
It is a beautiful town full of promise, and is centrally located in the hills of the Kohala Coast.

$685,000
2 Beds ⋅ 1 Baths ⋅ 729152 MLS ⋅ ['Fee Simple'] Tenure ⋅ Hana Hou Cottages BLDG.
One of the most unique properties available in Waimea, this dual-zoned unit offers exceptional flexibility for residential, professional, and investment use—all within one of the town's most desirable and central locations. Whether envisioned as a full-time residence, professional office, income-producing rental, or a combination of uses, the property's zoning creates opportunities rarely found in downtown Waimea. Currently operating as a medical office, the property provides immediate rental income while preserving future options for owner occupancy, business use, or continued rental investment. The approximately 1,060-square-foot interior includes two bedrooms, one full bathroom, a kitchen, and a comfortable living area, allowing seamless transition between residential and commercial applications. Further enhancing its value, this is one of only two units in the building with deeded parking rights. The property also benefits from professional on-site HOA management. Unlike four of the six downstairs office units, which are restricted to daytime office use and lack kitchens and bathrooms, this unit is fully equipped for residential occupancy, making it uniquely versatile within the complex. Ideally situated in the center of Waimea, the property is just steps from popular dining and gathering destinations including Merriman's Waimea, Pau Pizza, Taco Rosa, Arvo Café, Surf Camp, and Moa Kitchen. Shopping, schools, farmers markets, and daily conveniences are all within easy walking distance. Combining dual zoning, deeded parking, residential amenities, established rental income, and an unbeatable in-town location, this property represents a rare opportunity to live, work, invest—or enjoy all three—in the very heart of Waimea. Showings are available on weekends only until the current tenant vacates in approximately August 2026.

65-1229-A Opelo Road Unit 5, KAMUELA

Listing courtesy of COMPASS.

$363,000
2 Beds ⋅ 1 Baths ⋅ 730976 MLS ⋅ ['Fee Simple'] Tenure ⋅ Tamarack Pines BLDG.
Nestled in the heart of Waimea, this charming 2-bedroom,1-bath condo offers up island country living - fully upgraded in 2018 and move in ready. Whether you are looking for an investment (long-or short-term rental) or a personal retreat in one of the Big Island's most beloved towns, this recent price adjustment (7/12/2026) has made this condo a solid find for Waimea. Step outside to "farm to table" restaurants, coffee shops, lively farmers' markets, top rated schools and our special Kahilu Theater - all walkable. Waimea's cool mountain air and lush green hills create a gentle country pace, yet - when the beach calls, it is 20 minutes away. Bright, breezy and well maintained, this condo is ready for its next chapter.

65-1305 Kawaihae Road Unit A6, KAMUELA

Listing courtesy of Diana Riera, Sole Proprietor.

$1,500,000
730645 MLS ⋅ ['Fee Simple'] Tenure
Located on one of the most private streets in Waimea town, this vacant corner lot represents one of the last remaining opportunities to secure a buildable parcel in this highly desirable enclave. Spanning a generous 1 acre, the property offers exceptional flexibility for future development, expansion, or to secure privacy alongside the neighboring estate that is also offered for sale. SEE MLS 730379. The gently sloping terrain is largely cleared and ready for vision and development, while established greenery, mature trees, and an existing privacy hedge along ʻŌpelō Road create a sense of seclusion and natural beauty. A future residence is likely to capture beautiful views of Mauna Kea, Mauna Loa, Hualālai, and portions of the Kohala coastline. Ideally positioned just moments from Merriman’s, Parker School, Hawai‘i Preparatory Academy, and the conveniences of Waimea town, the property balances privacy, accessibility, and the charm of upcountry Hawai‘i living. Whether acquired independently or in conjunction with the neighboring residence, this is a rare opportunity to secure land in one of Waimea’s most sought after residential settings. The property has an established meter and account at the Department of Water. The contiguous lot with a custom built, 5 bedroom residence is also offered for sale, MLS #730379.

65-1307 Hokulani Pl, KAMUELA

Listing courtesy of COMPASS.

$2,500,000
4 Beds ⋅ 4 Baths ⋅ 730437 MLS ⋅ ['Fee Simple'] Tenure ⋅ Kamuela Heights BLDG.
Atop Waimea's most elevated and private street, this meticulously remodeled estate captures some of the most spectacular panoramic views on Hawai‘i Island—from the rolling pastures of Waimea to Mauna Kea, Mauna Loa, Hualālai, and the Kohala coastline beyond. Reimagined in 2011, the residence was thoughtfully designed to embrace the extraordinary setting through expansive windows, generous gathering spaces, exceptional privacy, and seamless indoor-outdoor living. The main level centers around a light-filled great room with fireplace, where walls of glass frame breathtaking vistas and open to a spacious lanai. The Chef's kitchen features custom cherry wood cabinetry, detailed millwork, an oversized island, and an adjoining dining area ideal for both everyday living and entertaining. Privately positioned off the great room, the primary suite enjoys abundant natural light and a spacious bath with dual vanities, soaking tub, and walk-in shower. An additional ensuite bedroom and third bedroom with detached bath are located opposite of the laundry room. Extensive renovations enhanced both comfort and craftsmanship, including expanded living areas, widened hallways and doorways for accessibility, and custom mahogany doors, trim, handrails, and hardware handcrafted by Amish artisans. The lower level offers exceptional flexibility with a private-entry studio complete with a full kitchen and bath, dedicated office, flex room, and access to the expansive three-car garage. Outside, the level backyard offers room for a future pool, sport court, or additional amenities. An owned net-metered photovoltaic solar system and solar hot water system further enhance efficiency and long-term value. Combining enduring craftsmanship, remarkable privacy, and commanding Big Island views, this distinguished estate represents an opportunity within one of Kamuela's most coveted neighborhoods.

65-1310 Lihipali Rd Unit B, KAMUELA

Listing courtesy of COMPASS.

$4,350,000
5 Beds ⋅ 4 Baths ⋅ 730379 MLS ⋅ ['Fee Simple'] Tenure
An extraordinary Waimea estate set along a quiet lane on one impeccably curated acre, offering a rare unity of stellar design, craftsmanship, privacy, and enduring Hawai‘i character. Designed by Philpott’s Interiors alongside acclaimed architect Clem Lam, and David Tamura landscape design, the property masterfully blends architectural magnificence with a deep connection to the natural beauty and spirit of the land. Sweeping views of Mauna Kea, Mauna Loa, Hualālai, and the Kohala coastline are showcased through expansive oversized & corner windows designed to frame the landscape from every major living space. Architecturally striking yet warm and grounded, natural elements such as lava rock, ʻōhiʻa posts, clear cedar t&g exterior ceilings, expansive ipe decking, and more are incorporated in a way that feels both sophisticated and deeply connected to its setting. Exceptional craftsmanship is evident throughout, from the dramatic custom made Brazilian cherry curved staircase to the custom La Puerta Entry Doors, to the African Mahogany built ins and custom tilework throughout, all reflecting an extraordinary level of care and intentionality. The main wing of the home offers 4 bedrooms and 3 bathrooms, while a 5th bedroom or office & adjacent multipurpose room via a covered breezeway provide flexibility and separation for guests, work, or extended living. A protected oversized lanai extends the main living level into the surrounding views and gardens, creating a cohesive balance of indoor outdoor living. Beautifully integrated waterfall and grotto water features at both the entry courtyard and garden lanai create a remarkable sense of arrival and place while mature landscaping and fruit trees further enhance the estate’s private, elevated atmosphere. This is a property of exceptional quality and enduring character, privately situated within one of Waimea’s most coveted and exclusive enclaves. The contiguous 1ac vacant parcel is also available, MLS 730645.

65-1315 Hokulani Pl, KAMUELA

Listing courtesy of COMPASS.

$430,000
2 Beds ⋅ 1 Baths ⋅ 730017 MLS ⋅ ['Fee Simple'] Tenure ⋅ Tamarack Pines BLDG.
Welcome to this well-positioned condominium in the heart of Waimea on the Big Island, offering an ideal blend of convenience, value, and island lifestyle. This residence presents an excellent opportunity for first-time buyers, investors, or those seeking a comfortable home base within close proximity to Waimea’s vibrant town center. This thoughtfully designed upgraded unit features an efficient layout that maximizes living space and natural light. The interiors offer a clean and functional aesthetic, creating a welcoming environment for everyday living. Lots of ventilation invites in the natural upland breezes characteristic of Waimea, contributing to a pleasant indoor climate year-round. Positioned within easy reach of local schools, Parker Ranch Shopping Center, dining, and essential services, the location supports a convenient and connected lifestyle. Waimea is known for its unique blend of paniolo heritage, cool upcountry climate, and access to some of the island’s most respected educational and medical institutions. Residents will appreciate the proximity to outdoor recreation, including nearby trails, open green spaces, and the coastline just a short drive away. Whether enjoying weekend farmers markets, exploring the surrounding countryside, or commuting to nearby resorts and employment centers, this property is well situated for a variety of lifestyles. This offering represents a compelling value in the Waimea real estate market, combining location, livability, and long and short-term rental potential. Tamarack Pines is the most affordable way to gain entry into the good life of Waimea.

65-1305 Kawaihae Rd Unit A7, KAMUELA

Listing courtesy of Aloha Sotheby's Intl Realty - Hawai'i.

$450,000
2 Beds ⋅ 1 Baths ⋅ 729422 MLS ⋅ ['Fee Simple'] Tenure ⋅ Tamarack Pines BLDG.
This Unit is placed nicely at the end of Building C. This Condo has been used in the past for Vacation rental and is ready to go if that's your path or it is ready for you to move in. The Unit has been well taken care of and has had many upgrades. The bathroom was remodeled in 2023 and in 2024 the kitchen had new counters and cabinets. There is a very nice washer and dryer. A new dishwasher is going to be installed. The building was tented and fumigated in 2025.

65-1305 Tamarack Pines Unit C2, KAMUELA

Listing courtesy of Bacon Real Estate.

$4,500,000
2 Beds ⋅ 8 Baths ⋅ 729214 MLS ⋅ ['Fee Simple'] Tenure
Exceptional investment opportunity in Waimea Town! This unique property, zoned CV 7.5, features two distinct buildings on nearly an acre of prime real estate with direct highway frontage. The larger building, constructed in 1999, offers 16 units, providing significant income potential. Complementing this is a charming historic landmark home built in 1910, adding character and versatility to the portfolio. With two parking lots and a highly visible location on Kawaihae Road, this property is perfectly positioned for a variety of business ventures. Both buildings are currently at full occupancy. Please do not disturb the tenants.

65-1291 Kawaihae Rd, KAMUELA

Listing courtesy of COMPASS.

$325,000
1 Baths ⋅ 727237 MLS ⋅ ['Fee Simple'] Tenure ⋅ Opelo Road Cottage BLDG.
Beautifully renovated office condominium located in the heart of Waimea at Opelo Road Cottages, offering a rare turnkey opportunity in one of Waimea’s most established professional enclaves. The unit has been just undergone a major upgrade, with improvements including new ceiling insulation, new flooring with sound-proof subfloor and sound-dampening underlayment, updated lighting, new entry door, fresh interior paint, USB-integrated electrical outlets and brand new double hung windows*. Renovations were professionally completed with attention to comfort, acoustics, and long-term usability. Ideally situated within walking distance to Waimea’s dining, coffee, and retail amenities, this area—often referred to locally as “Nob Hill”—is known for its central location, pride of ownership, and views of Mauna Kea. Unit 8 is located at the front of the building on the second floor, accessed via a short flight of stairs, with outlooks toward Opelo Road. The plantation-style complex offers convenient access and parking. Well suited for an owner-user or investor seeking a polished office presence in central Waimea. Flexible zoning allows for many different types of professional and business uses. *windows ordered and set for install mid-February 2026.

65-1235 Opelo Rd Unit 8, KAMUELA

Listing courtesy of Aloha Sotheby's Intl Realty - Hawai'i.

$198,350
726599 MLS ⋅ ['Fee Simple'] Tenure ⋅ Pomaikai Cottages BLDG.
Pomaikaʻi 5 represents one of the most desirable office locations in Waimea, situated within a short walking distance of Merriman’s, Pau Pizza, and Surf Camp Coffee. Owned by the Seller for 26 years, the property has appreciated at an estimated compound annual rate of approximately 7.5%. Along with the current below-market asking price, Seller is pleased to be passing on this value added history. The commercially zoned 342 square foot office is ideally positioned on a quiet cul-de-sac in the heart of Waimea, offering rare tree-shaded tranquility and privacy seldom found in commercial properties. The discreet, off-road location has contributed to exceptionally low tenant turnover. Pomaikaʻi 5 is a corner unit featuring windows on two sides, providing natural light, serene views and convenient, hassle-free parking. The space has previously been occupied by a well-regarded real estate professional, nonprofit organization, and mental health practitioner. Recent updates include luxury flooring and fresh interior paint. Owner may entertain Seller financing with a considerable down payment and stable buyer/tenant.

65-1241 Pomaikai Pl Unit 5, KAMUELA

Listing courtesy of COMPASS.

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Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.