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.
The property provides immediate rental income while preserving future options for owner occupancy, business use, or rental investment. The approximately 1,060-square-foot interior includes two bedrooms, one full bathroom, a kitchen, and a comfortable living area, allowing 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.
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.
Seller will consider owner financing with 50% down and other acceptable terms.
Terms Acceptable: Cash or Commercial loan.
For sale
$685,000
65-1229 Opelo Rd #A, Kamuela, HI 96743
2beds
1,064sqft
Single Family Residence
Built in 1991
0.27 Acres Lot
$666,000 Zestimate®
$644/sqft
$298/mo HOA
What's special
Two bedrooms
- 116 days
- 154
- 6
Zillow last checked:
Listing updated:
Listed by:
Rebecca J. Hirsch-Keliihoomalu 8088951156,
COMPASS,
Stephanie Sites 808-989-8052,
COMPASS
Source: Hawaii Information Service,MLS#: 729152
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- None
Cooling
- None
Appliances
- Included: Dishwasher, Disposal, Microwave, Range Hood, Washer/Dryer Stacked
Features
- Has fireplace: No
- Common walls with other units/homes: End Unit
Interior area
- Total structure area: 1,064
- Total interior livable area: 1,064 sqft
Property
Parking
- Parking features: Assigned, Other
Features
- Levels: Two
- Stories: 2
- Has view: Yes
- View description: Garden, Sunrise
- Frontage type: Other
Lot
- Size: 0.27 Acres
- Features: Dead End, Interior Lot
- Topography: Level
Details
- Parcel number: 3650021790005
- Zoning: CV-7.5
- Special conditions: Fee Simple,Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- Year built: 1991
Utilities & green energy
- Sewer: Septic Tank
- Utilities for property: Cable Available, Electricity Available, Phone Available, Underground Utilities
Community & HOA
Community
- Security: Key, Secured Lobby
- Subdivision: WAIMEA HOMESTEADS
HOA
- Has HOA: Yes
- HOA fee: $298 monthly
Location
- Region: Kamuela
Financial & listing details
- Price per square foot: $644/sqft
- Tax assessed value: $397,000
- Annual tax amount: $4,247
- Date on market: 6/11/2026
- Listing terms: Cash,Other,Purchase Money Mortgage
- Ownership: CPR
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
$666,000
$633,000 - $699,000
$2,562/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/30/2026 | Listed for sale | $685,000$644/sqft |
Source: | ||
| 7/14/2026 | Contingent | $685,000$644/sqft |
Source: | ||
| 6/11/2026 | Listed for sale | $685,000$644/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment





