For the buyer who recognizes opportunity and untapped potential—this uniquely configured Waimea property deserves a closer look. Set in an exceptionally convenient Waimea location, this renovated property offers a rare combination of location, flexibility, potential for both short and long-term value. The multi-bedroom residence is currently configured with three or more distinct living areas, creating privacy for extended family, guests, work-from-home needs or a combination of uses.
The layout provides separation and privacy between the various living areas, making this an appealing opportunity. It may work equally well as a primary residence and space for extended family living.
Location is a standout. Positioned nearly equal distance between Hawaiʻi Preparatory Academy (HPA) and Parker School and just minutes from the heart of Waimea, the property offers easy access to shopping, dining, medical services and everyday conveniences. The Kohala Coast’s world-class beaches and resorts are also within easy reach. The property has been renovated, and a brand-new, permitted septic system adds significant value for future ownership.
Features include multiple; covered outdoor living areas, stone countertops, generous storage, ample parking and beautiful views of Waimea’s rolling hills. Centrally located near town, schools, shopping and dining, with the added benefit of no HOA or CC&Rs.
With its central Waimea location, proximity to schools and town, and potential, this property offers exceptional versatility in one of Hawaiʻi Island’s most desirable residential communities.The rental potential and unique configuration are best appreciated in person—easy to see and ready for your private showing.
Virtual Tour link: https://hawaiian-virtual-tours.aryeo.com/videos/019ff534-5d4d-714b-b013-f05251c15191
For sale
$1,499,000
65-1397 Kawaihae Rd, Kamuela, HI 96743
3beds
2,094sqft
Single Family Residence
Built in 1984
0.26 Acres Lot
$1,432,000 Zestimate®
$716/sqft
$-- HOA
What's special
- 41 days
- 434
- 11
Zillow last checked:
Listing updated:
Listed by:
Kehaulani Keanaaina 8088617397,
COMPASS,
Sharly Ward 808-938-9533,
COMPASS
Source: Hawaii Information Service,MLS#: 731623
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave Hood, Range Hood, Refrigerator, Washer
Features
- Flooring: Ceramic Tile, Laminate
- Windows: Blinds, Drapes
- Has fireplace: No
Interior area
- Total structure area: 2,094
- Total interior livable area: 2,094 sqft
Video & virtual tour
Property
Parking
- Parking features: Other
Features
- Fencing: Wood
- Has view: Yes
- View description: Mountain(s), Pasture
Lot
- Size: 0.26 Acres
- Features: Grassy
- Topography: Fairly Level,Gentle Slope,Level
Details
- Parcel number: 3650090690000
- Zoning: RS-7.5
- Special conditions: Fee Simple,Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- Year built: 1984
Utilities & green energy
- Sewer: Septic Tank
- Utilities for property: Cable Available, Electricity Available, Phone Available
Community & HOA
Community
- Subdivision: WAIMEA HOMESTEADS
Location
- Region: Kamuela
Financial & listing details
- Price per square foot: $716/sqft
- Tax assessed value: $794,800
- Annual tax amount: $8,822
- Date on market: 8/21/2026
- Listing terms: 1031 Exchange,Cash,Conventional
- Ownership: Full
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
$1,432,000
$1.36M - $1.50M
$6,317/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/22/2026 | Listed for sale | $1,499,000+5.2%$716/sqft |
Source: | ||
| 1/20/2024 | Listing removed | $1,425,000$681/sqft |
Source: | ||
| 11/18/2023 | Price change | $1,425,000-1.7%$681/sqft |
Source: | ||
| 6/14/2023 | Price change | $1,450,000-3.3%$692/sqft |
Source: | ||
| 2/28/2023 | Listed for sale | $1,500,000$716/sqft |
Source: | ||
| 1/10/2023 | Listing removed | $1,500,000$716/sqft |
Source: | ||
| 11/18/2022 | Listed for sale | $1,500,000$716/sqft |
Source: | ||
| 11/13/2022 | Listing removed | $1,500,000+15.4%$716/sqft |
Source: | ||
| 5/7/2022 | Listing removed | $1,300,000$621/sqft |
Source: | ||
| 12/23/2021 | Listed for sale | $1,300,000+147.6%$621/sqft |
Source: | ||
| 8/21/2019 | Sold | $525,000-3.1%$251/sqft |
Source: | ||
| 7/22/2019 | Pending sale | $542,000$259/sqft |
Source: Kohala Resort Realty, LLC #628360 Report a problem | ||
| 6/27/2019 | Price change | $542,000-4.9%$259/sqft |
Source: Kohala Resort Realty, LLC #628360 Report a problem | ||
| 5/28/2019 | Price change | $570,000-5%$272/sqft |
Source: Kohala Resort Realty, LLC #628360 Report a problem | ||
| 4/26/2019 | Listed for sale | $600,000+20.7%$287/sqft |
Source: Kohala Resort Realty, LLC #628360 Report a problem | ||
| 2/12/2019 | Sold | $497,250-15.9%$237/sqft |
Source: Public Record Report a problem | ||
| 9/28/2018 | Listing removed | $591,447-1.4%$282/sqft |
Source: Auction.com Report a problem | ||
| 9/11/2018 | Listed for sale | -- |
Source: Auction.com Report a problem | ||
| 12/30/2005 | Sold | $600,000+48.5%$287/sqft |
Source: Public Record Report a problem | ||
| 4/6/2004 | Sold | $404,000+69.7%$193/sqft |
Source: Public Record Report a problem | ||
| 7/30/2001 | Sold | $238,000$114/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,822 +2.8% | $794,800 +2.8% |
| 2024 | $8,585 +4.1% | $773,400 +4.1% |
| 2023 | $8,248 +11.8% | $743,100 +11.8% |
| 2022 | $7,375 +10.9% | $664,400 +10.9% |
| 2021 | $6,650 +1% | $599,100 +1% |
| 2020 | $6,586 | $593,300 +13.5% |
| 2019 | -- | $522,800 +3% |
| 2018 | -- | $507,600 +3% |
| 2017 | -- | $492,800 +3% |
| 2016 | -- | $478,400 +3% |
| 2015 | -- | $464,500 +3% |
| 2014 | -- | $451,000 |
Find assessor info on the county website
Monthly payment
Est. payment



