Exceptional opportunity in the heart of Waimea Town on 2.04 level acres of former Parker Ranch land. Tucked behind a grand lava rock wall with gated entry, this distinctive property combines residential flexibility, substantial improvements, and exceptional potential in one of Hawaiʻi Island's most desirable Upcountry locations.
The updated residence features two separate 2-bedroom, 1-bath living spaces, each with its own entrance, providing flexibility for rental income, guests, or a variety of living arrangements. Both spaces are move-in ready and filled with comfortable Upcountry character.
The centerpiece is an extraordinary custom-crafted barn designed for enthusiasts and adaptable to a wide range of uses. Soaring ceilings, rich wood finishes, expansive workshop and storage areas, loft-style living spaces, kitchen, two bathrooms, and a spacious apartment create possibilities for a collector's retreat, workshop, studio, showroom, or potential barn-dominium.
The oversized garage is set up to accommodate up to seven full-size trucks. The exceptionally flat 2.04-acre parcel is enhanced by an approximately 900' x 16' reinforced concrete loop driveway, constructed with 4,000 PSI concrete to support large vehicles and machinery.
Generous open areas provide room for equipment, gardens, storage, or possible equestrian use, with ample flexibility to adapt the property to individual needs. Existing barn-dominium plans are available.
Zoned A-1A with two water meters, the property may also offer subdivision potential, subject to Buyer verification, county approvals, and due diligence.
Rarely does a property combine acreage, versatility, income potential, and extensive improvements in such a convenient Waimea location. Enjoy easy access to private schools, farmers markets, shopping, dining, local theater, and everyday amenities while owning a truly distinctive legacy property with endless possibilities.
For sale
$3,299,000
65-1136 Kapiolani Rd, Kamuela, HI 96743
5beds
3,824sqft
Single Family Residence
Built in 2003
2.04 Acres Lot
$3,093,400 Zestimate®
$863/sqft
$-- HOA
What's special
- 22 days
- 1,465
- 111
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Kendall C DiDonato 8083455212,
Coldwell Banker Island Properties - Kona
Source: Hawaii Information Service,MLS#: 731270
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 2
- 3/4 bathrooms: 2
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Dishwasher, Disposal, Microwave, Other, Range, Refrigerator
Features
- Cathedral Ceiling(s), High Ceilings, See Remarks
- Flooring: Ceramic Tile, Vinyl
- Windows: Blinds, Skylight(s)
- Has fireplace: No
Interior area
- Total structure area: 3,824
- Total interior livable area: 3,824 sqft
Property
Parking
- Total spaces: 8
- Parking features: Attached, Covered, Other
- Garage spaces: 6
- Carport spaces: 2
- Covered spaces: 8
Features
- Levels: One
- Exterior features: See Remarks
- Fencing: Stone,Wire
- Has view: Yes
- View description: Garden, Mountain(s)
Lot
- Size: 2.04 Acres
- Features: Grassy, See Remarks
- Topography: Level
Details
- Parcel number: 3650110130000
- Zoning: A-1A
- Special conditions: Fee Simple,Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Double Wall
Condition
- Year built: 2003
Utilities & green energy
- Sewer: Septic Tank
- Utilities for property: Cable Available, Electricity Available, Phone Available
Community & HOA
Community
- Features: See Remarks
- Security: See Remarks, Smoke Detector(s)
- Subdivision: WAIMEA HOMESTEADS
Location
- Region: Kamuela
Financial & listing details
- Price per square foot: $863/sqft
- Tax assessed value: $877,000
- Annual tax amount: $6,508
- Date on market: 9/24/2026
- Listing terms: 1031 Exchange,Cash,Conventional
- Ownership: Full
- Electric utility on property: Yes
Estimated market value
$3,093,400
$2.94M - $3.25M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/25/2026 | Listed for sale | $3,299,000+247.3%$863/sqft |
Source: | ||
| 9/22/2016 | Sold | $950,000+94900%$248/sqft |
Source: | ||
| 12/13/2002 | Sold | $1,000-99.6% |
Source: Public Record Report a problem | ||
| 9/10/2002 | Sold | $270,000-50.9%$71/sqft |
Source: Public Record Report a problem | ||
| 8/26/1996 | Sold | $550,000$144/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,509 +2.2% | $846,100 +1.8% |
| 2024 | $6,367 +5% | $831,000 +4% |
| 2023 | $6,066 -4.4% | $798,800 |
| 2022 | $6,347 +21.3% | $798,800 +17.6% |
| 2021 | $5,230 +4.4% | $679,400 +3.6% |
| 2020 | $5,012 | $656,000 +64.9% |
| 2019 | -- | $397,900 +0.7% |
| 2018 | -- | $395,300 -0.9% |
| 2017 | -- | $398,700 -4.9% |
| 2016 | -- | $419,300 +4.3% |
| 2015 | -- | $402,100 -2% |
| 2014 | -- | $410,500 |
Find assessor info on the county website
Monthly payment
Est. payment




