This is a leasehold property. Rare opportunity to take over 5.5+ acres of productive farm land with sweeping ocean views just off Mamalahoa Highway. The property includes a 3-bedroom, 2.5-bath single-family home with attached carport, plus a legal, permitted 600 sq ft processing house, offering exceptional flexibility for on-site agricultural operations.
Multiple upgrades completed in February 2026 include new: interior and exterior paint, kitchen appliances, upper cabinets, laminate flooring, ceiling fans, and updated light fixtures. The home also features a large bonus room used as a home office with a view of the ocean! The property contains existing coffee, cacao, macadamia nut, avocado, breadfruit, and banana trees, providing a preview of active farming and agricultural income. Easy access and recent excavation completed in December 2025 further enhance usability and future potential. Leasehold interest with land owned by Bishop Estate (Kamehameha Schools).
Under contract
$377,000
84-5186 Mamalahoa Hwy, Captain Cook, HI 96704
3beds
1,256sqft
:
Get pre-qualified$2,407/mo
Farm
Built in 1990
5.53 Acres Lot
$-- Zestimate®
$300/sqft
$-- HOA
What's special
Sweeping ocean viewsAttached carportUpdated light fixtures
- 180 days |
- 56 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Guysen Terai 8083812908,
Coldwell Banker Realty
Source: Hawaii Information Service,MLS#: 727874
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 1
- 1/2 bathrooms: 2
Features
- Flooring: Resin Tile
- Has fireplace: No
Interior area
- Total structure area: 1,256
- Total interior livable area: 1,256 sqft
Property
Parking
- Parking features: Covered
Features
- Has view: Yes
- View description: Coastline, Mountain(s), Ocean
- Has water view: Yes
- Water view: Ocean
Lot
- Size: 5.53 Acres
- Features: Farm, Grassy
- Topography: Graded,Terraced
Details
- Parcel number: 3840040080000
- Zoning: A-5A
- Special conditions: Leasehold,Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Farm
Condition
- Year built: 1990
Utilities & green energy
- Sewer: Cesspool
- Utilities for property: Cable Available, Electricity Available, Phone Available
Community & HOA
Community
- Subdivision: HONAUNAU
Location
- Region: Captain Cook
Financial & listing details
- Price per square foot: $300/sqft
- Tax assessed value: $295,700
- Annual tax amount: $872
- Date on market: 2/9/2026
- Listing terms: Cash,Open
- Ownership: Full
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$3,585/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/24/2026 | Contingent | $377,000$300/sqft |
Source:  Hawaii Information Service #727874 Report a problem | ||
| 5/7/2026 | Price change | $377,000-2.6%$300/sqft |
Source: Hawaii Information Service #727874 Report a problem | ||
| 4/27/2026 | Price change | $387,000-2.5%$308/sqft |
Source:  HiCentral MLS #202603490 Report a problem | ||
| 4/13/2026 | Price change | $397,000-3.4%$316/sqft |
Source: Hawaii Information Service #727874 Report a problem | ||
| 4/7/2026 | Price change | $411,000-5.5%$327/sqft |
Source: Hawaii Information Service #727874 Report a problem | ||
| 3/10/2026 | Price change | $435,000-3.1%$346/sqft |
Source: Hawaii Information Service #727874 Report a problem | ||
| 2/10/2026 | Listed for sale | $449,000$357/sqft |
Source: HiCentral MLS #202603490 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $295,700 +3.6% |
| 2024 | $852 -28.9% | $285,300 +7.1% |
| 2023 | $1,199 -3.8% | $266,500 |
| 2022 | $1,245 +29.1% | $266,500 +16.4% |
| 2021 | $965 +3.3% | $229,000 +1.8% |
| 2020 | $934 | $224,900 +13.6% |
| 2019 | -- | $197,900 +4.7% |
| 2018 | -- | $189,100 +1.3% |
| 2017 | $993 | $186,700 +1.4% |
| 2016 | -- | $184,200 +15.3% |
| 2015 | -- | $159,800 +0.4% |
| 2014 | -- | $159,100 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Honaunau
Nearby schools
GreatSchools rating
- 7/10Honaunau Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 5/10Konawaena Middle SchoolGrades: 6-8Distance: 5.5 mi
- 4/10Konawaena High SchoolGrades: 9-12Distance: 5.5 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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