65-1229-A Opelo Road Unit 5, KAMUELA, HI 96743
- $685,000
- 2
- BD
- 1
- BA
- 1,064
- SqFt
- List Price
- $685,000
- MLS #
- 729152
- Days on Market
- 32
- Status
- ACTIVE UNDER CONTRACT
- Type
- Single Family Residential
- Bedrooms
- 2
- Full Baths
- 1
- Living Area
- 1,064
- Land Area
- 11,764
- Land Tenure
- Fee Simple
- Neighborhood
- Waimea Homesteads
- Subdivision
- Waimea Homesteads
Property Description
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.
Additional Information
- Island
- Big Island
- Utilities
- Cable Available, Electricity Available, Phone Available, Underground Utilities
- View
- Garden, Sunrise
- Lot Size
- 11,764
- Neighborhood
- Waimea Homesteads
- Frontage
- Other, Road/Street
- Year Built
- 1991
- Building Name
- Hana Hou Cottages
- Sewer
- Septic Tank
- Annual Property Tax
- $4,247
- Monthly Maint
- $297
- Parking Features
- Assigned, Other
- Lot Features
- Dead End, Interior Lot
- Unit
- 5
- Stories
- 2
- Zoning
- CV-7.5
Mortgage Calculator
Listing courtesy of COMPASS.
Based on information from the Multiple Listing Service of the Hawaii Information Service listings last updated . Information is deemed reliable but not guaranteed. Copyright 2026 by the Hawaii Information Service Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer’s agent. If the active listing you are interested in is our company’s active listing, you may speak to one of our agents regarding your options for representation.