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$1,200,000
5 Beds ⋅ 4 Baths ⋅ 729664 MLS ⋅ ['Leasehold'] Tenure
This is a leasehold property. This exceptionally private 8-acre agricultural estate blends refined living with a fully established, income-producing coffee and macadamia nut farm. Set at the end of a double-gated road running the length of the property, with no neighbors in sight. The complex features 5 bedrooms and 4 bathrooms across thoughtfully designed ground-level structures connected by covered walkways. Five outdoor lanais, a hot tub, and a 42-foot lap pool with Trex decking create a resort-like setting ideal for daily living and entertaining. The land is level, fully fenced, and enhanced by mature landscaping, including ~ 50 stately palms, irrigated lawns, and productive orchards—creating a park-like setting year-round. Designed for both lifestyle and agricultural use, the property includes dedicated spaces: a coffee roasting room, packing and shipping area, bakery, shop, and equipment storage. Three covered parking spaces and room for additional farm vehicles. Ag inventory includes 4,000+ coffee trees, 120 macadamia nut trees, and fruit trees including avocado, mango, banana, breadfruit, and guava. Recent improvements include a remodeled kitchen and select bathrooms with granite countertops, fresh interior and exterior paint, new appliances, and updated lighting and fixtures. Multiple water heating systems and extensive outdoor lighting enhance efficiency and usability. The long-term farm manager is available for continuity. A unique opportunity for those seeking privacy and an estate suited for multi-generational living, agricultural income, or a retreat lifestyle. Minutes from the City of Refuge and some of the best ocean access for water sports in the state. Nearby beaches include Ho‘okena, Manini, Ke‘ei, and Kealakekua Bay. ** KSBE Ag LH properties require a 100% cash purchase ** Escrows typically take approximately 6 months to close ** Check out the fly-through video: https://player.vimeo.com/video/1187813841

83-5369 Manako Rd, CAPTAIN COOK

Listing courtesy of Hawaii Life.

$395,000
6 Beds ⋅ 4 Baths ⋅ 730020 MLS ⋅ ['Leasehold'] Tenure
This is a leasehold property. Two houses on 3.8 Acre Farm with Coffee and various fruit trees. Located high up near the end of Rabbit Hill Rd. Fantastic ocean views. The lower house is 3 bedroom, 2 bathroom recently remodeled. The middle level has a small 1 bedroom, 1 bathroom unit that has bee used for worker's quarters. The upstairs house is 2 bedroom, 1 bathroom recently remodeled. Annual lease rent is only $2,152. The lease goes on to July 1, 2044. Seller has installed a new Septic system that was required by the Lessor.

83-5749 Rabbit Hill Rd, CAPTAIN COOK

Listing courtesy of Kona Resort Properties.

$250,000
729770 MLS ⋅ ['Leasehold'] Tenure
This is a leasehold property.Rare opportunity to acquire a 5-acre leasehold agricultural property in Pāhoa Agricultural Park, fully developed and previously operated as a successful orchid nursery with established infrastructure and production capacity. The property features approximately 25,000 sq ft of greenhouse space across 12 covered structures, along with 50 State of Hawaiʻi-certified benches. All greenhouses are connected to an automated irrigation system with a Dosatron fertilizer proportioner, creating an efficient, turnkey setup for continued nursery or agricultural operations. Additional improvements include a 40' shipping container and multiple outbuildings, including a common area and outdoor kitchen equipped with two refrigerators, washing machine, and multiple on-demand hot water heaters. Established inventory includes over 40,000 orchid plants (Dendrobium, Vanda, Oncidium, and Cattleya), approximately 2,000 white pineapples, mature fruit trees, and a vegetable garden, offering immediate production potential. Level, usable land with paved access and convenient proximity to Pāhoa town. Property is serviced by HELCO electricity and county water (Buyer to verify). This is a State of Hawaiʻi Department of Agriculture leasehold property (General Lease) with base lease rent of approximately $1,800 per year. Lease term commenced in 2007 for 45 years, with rent reopening provisions. Buyer to verify all lease terms, permitted uses, and requirements. Use is restricted to agricultural purposes. Assignment subject to State approval, and Buyer must meet qualification requirements.

15-1300 Auina St, PAHOA

Listing courtesy of eXp Realty.

$399,000
1 Beds ⋅ 1 Baths ⋅ 729785 MLS ⋅ ['Leasehold'] Tenure ⋅ Kona Islander Inn BLDG.
This is a leasehold property. A true "one-of-a-kind" rarely available find. While the Kona Islander Inn is famed for its cozy studios, this is one of only two 1-bedroom "double units" in the entire complex. A “unicorn” opportunity. Originally the Hotel Manager's Suite, this is the largest condo on-site, offering a premium lifestyle and investment potential that simply cannot be matched. Situated in the absolute heart of Kailua-Kona, this unit offers a premier walk-to-everything lifestyle just steps from the pier, beaches and the best dining and sunsets on Ali'i Drive. This isn't just a beautiful home; it’s a high-performance vacation rental with a history of stellar reviews and a robust calendar of future bookings already secured. This turnkey property is a proven, high-yield engine ready for the savvy investor. Fully remodeled with a sleek "Old Hawaiiana" aesthetic, this retreat blends vintage island charm with modern high-end finishes, including a rare full kitchen, a private bedroom with dual entries, a full bathroom, new flooring and split AC system. The oversized lanai overlooks the pool and lush botanical gardens for a front row seat to paradise. The monthly fees at the Kona Islander Inn are designed for ultimate investor convenience, bundling nearly all carrying costs into a single, predictable structure. The monthly fees include: All Utilities: Electricity, AC, Water, Sewer, and Trash. Connectivity: High-speed Internet and Basic Cable TV. Resort Care: Maintenance of the pool, hot tub, BBQ areas, lush botanical grounds, and exterior building insurance. The long-term leasehold is secured through 2079, allowing over 52 years of ownership stability. This extended timeline offers the rare advantage of more flexible financing options and long-term security for your investment. Don't miss your chance to own the largest and most profitable condo in one of Kona’s most popular destination resorts.

75-5776 Kona Islander Inn Unit 208, KAILUA KONA

Listing courtesy of eXp Realty.

$175,000
1 Baths ⋅ 729487 MLS ⋅ ['Leasehold'] Tenure ⋅ Kona West BLDG.
This is a leasehold property. Enjoy this Furnished and Updated Studio at Kona West #203 - A popular rental area, this unit has been nicely updated with Bamboo Flooring, Lots of Built-In furnishings including Murphy Bed, Kitchenette Cabinets, Full-Length & Designer Mirrors, Mounted TV, Air-Conditioning unit and so much more! Updated with Beautiful Granite Countertops at Kitchenette and Bath, plus a Refrigerator and Induction Cooktop, Tropical style furnishings including a Teak Bar-Style Dining, Laminate Flooring in the Bath area, Privacy awnings and Wardrobe cabinet, and much more! Lanai Views of the Ocean, Seasonal Sunsets, Sunrises over the Hualalai Mountain Slope, and Kona Town activities. Located in a popular Short Term Vacation Rental Resort zoned area, close to town, restaurants, shopping, Kailua Pier, and an exciting Outdoor Active Lifestyle, You and your guests are sure to enjoy this prime location! Maintenance Fees Include: Electricity, Water, Spectrum Cable/Wifi, Trash, Common Area/Building Maintenance including Pool Deck, BBQ Grill, Dining & Lounging Areas, Hot Tub, Landscaping, Coin-Operated Laundry Room, Community Bulletin Board, Mailbox Bank, and more! Open Parking area with One unassigned Parking Permit, Visitor Parking, Car Wash Stall, some Under-Building Stalls, and Video-Monitored areas.

75-5680 Kuakini Hwy Unit 203, KAILUA KONA

Listing courtesy of eXp Realty.

$80,000
1 Beds ⋅ 1 Baths ⋅ 728519 MLS ⋅ ['Leasehold'] Tenure ⋅ Alii Villas BLDG.
This is a leasehold property. Beautifully maintained 1 bedroom, 1 bath condo in Kailua-Kona's most sought after ocean front community. Meticulously cared for interior and recently remodeled kitchen and bath with new appliances. Open floorplan connects the living area to the kitchen and lanai area which overlooks the pool. Ample storage throughout the unit and the parking space is conveniently located a short distance from the unit. Fully furnished and move in ready. Zoned for STVR but the unit has never been a short term rental. A short distance to downtown Kailua-Kona where you can enjoy shops, restaurants, farmers market and beaches. Alii Villas is located on Alii Drive and it offers a well maintained tropical setting with heated pool, BBQ area, large sunset /ocean view viewing deck at the end of the complex and has direct access to the shoreline. Maintenance fees include, water, basic cable, sewer, garbage collection, internet and exterior/common area maintenance. Pet friendly ( one small dog or cat allowed with board approval) This leasehold property expires in 2029 but the fee is available for purchase as of June 2025for $404,000 with a $4000 monthly increase in price thereafter.

75-6016 Alii Dr Unit 118, KAILUA KONA

Listing courtesy of eXp Realty.

$217,500
1 Baths ⋅ 728601 MLS ⋅ ['Leasehold'] Tenure ⋅ Kona Islander Inn BLDG.
This is a leasehold property. Retro Vibes & Modern Comfort: Your Kona Escape Awaits Step back in time without sacrificing a single modern luxury. This fully renovated gem captures the soul of "Old Hawaiiana," blending nostalgic island charm with the sleek, high-end finishes today’s traveler expects. Whether you’re here to chase sunsets or crush a business meeting, this is the ultimate home base in the heart of Kailua-Kona. The Space: Where Heritage Meets High-End Every inch of this retreat has been thoughtfully redesigned to evoke the golden era of the islands. Think tropical textures, rich woods, and curated decor that tells a story—all while enjoying the crisp, quiet chill of a brand-new split AC system. Island-Inspired Design: A seamless blend of vintage aesthetic and contemporary comfort. The Lanai: Your private front-row seat to paradise. Sip your morning Kona coffee while overlooking the sparkling resort-style pool and bubbling hot tub. Location: The Heart of the Action Forget the long commutes. Located in the vibrant center of Kailua-Kona, you are mere minutes away from: Alii Drive: Famous for its oceanfront dining, local boutiques, and historical sites. Beaches & Mantas: Quick access to the island’s best snorkeling spots and white sand beaches. Business Ready: Fast Wi-Fi and a central location make it a breeze for those visiting for work. This isn't just a place to stay; it's a curated Hawaiian experience. From the vintage charm to the ice-cold AC, we’ve thought of everything so you don’t have to.

75-5776 Kona Islander Inn Unit 230, KAILUA KONA

Listing courtesy of eXp Realty.

$390,000
5 Beds ⋅ 2 Baths ⋅ 728049 MLS ⋅ ['Leasehold'] Tenure
This is a leasehold property. Opportunity to revitalize a previously productive farm property with excellent soil and diverse established fruit trees. The property features a 4-bedroom, 2-bathroom main living area upstairs with a spacious lanai and comfortable living area. Each bedroom is well sized with views out over the surrounding farm land. The lower level includes a separate 1-bedroom, 1-bathroom living area, along with a large paved carport/workshop space suitable for equipment, storage, or workspace. Additional shed and workshop structures provide further room for farm operations, many constructed with durable steel framing. The farm includes a variety of mature trees including ‘ulu (breadfruit), mango, macadamia nut, jaboticaba, longan, avocado, and coffee, providing a strong foundation for continued agricultural use. The property features deep, productive soil throughout the farm, making it well suited for orchard crops or diversified agriculture. Location is well balanced for a rural lifestyle while only minutes away from the services and compliments of Captain Cook and downtown Kailua Kona. Lease allows for cultivation of truck crops, orchard crops, flowers, or nursery crops, with a minimum of 3.5 acres in productive cultivation. Permitted uses also include a farm dwelling (subject to lessor approval), processing and wholesaling of crops, and storage and retail sales of processed agricultural products. The current lease expires February 29, 2056, providing long-term use for agricultural and farm-related activities.

84-5040 Hawaii Belt Rd, CAPTAIN COOK

Listing courtesy of Livingston Realty.

$788,000
3 Beds ⋅ 3 Baths ⋅ 727647 MLS ⋅ ['Leasehold'] Tenure
This is a leasehold property. 10.6 acre with a new KSBE lease to 10/31/2057. Searching for one home or possibly two on peaceful acreage, just minutes to the best beaches for ocean access? Then Look No Further! Check out this charming, 3 bedroom, 2 bathroom 1720 interior sqft home with 2 car garage built in 2005. Meticulously maintained home exudes simple luxury with unique details throughout including recessed tongue n groove ceilings, a versatile 3rd bedroom corner room & a discreet television closet. The thoughtfully designed open floor plan, positions the kitchen at the north side of the home with a clear line of sight to the front door. Entertaining will be a delight with the spacious island, Granite counters, pine cabinets, double wall ovens and gas cooktop. The kitchen opens to the 1048 sqft covered lanai, nearly doubling the living space and a wonderful place to experience ocean views and the typical year-round perfect weather. The primary en suite opens to its private section of the lanai. The bathroom features a comfortably sized tile and stone walk-in shower. Additionally, the outside shower makes clean up more convenient from working or playing outside. Separate 4-car, 1056 sq ft garage, built in 2004, away from the main house and currently used as a shop and quilting studio would be ideal converted into an additional farm dwelling. * Both structures were recently painted * Being offered turnkey furnished. * 9 acres in mature/producing mac nuts * Home is privately situated in the upper middle of the property with no neighbors in sight. The property is between Middle Ke’ei Rd and 555 acres of pasture. Located just minutes to The City Of Refuge and some of the best ocean access for water sports in the state. Other nearby beaches include Ho’okena, Manini, Ke'ei & Kealakekua Bay. ** KSBE Ag LH properties require 100% cash purchase * Escrows take a minimum of 6 months to Close

83-5611 Middle Keei Rd, CAPTAIN COOK

Listing courtesy of Hawaii Life.

$377,000
3 Beds ⋅ 3 Baths ⋅ 202603490 MLS ⋅ LH - Leasehold Tenure
Update 5/15/26 – Seller financing may be available for qualified buyers with acceptable terms and approximately $250,000 down. Contact listing agents for additional information. Rare opportunity to acquire 5.5+ acres of agricultural 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 permitted 600 sq ft processing house offering flexibility for 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 currently used as a home office with ocean views. The property includes existing coffee, cacao, macadamia nut, avocado, breadfruit, and banana trees, showcasing the property’s agricultural use and potential. Easy access and recent excavation completed in December 2025 further enhance usability and future possibilities. Leasehold interest with land owned by Bishop Estate (Kamehameha Schools).

84-5186 Mamalahoa Highway, Captain Cook

Listing courtesy of Coldwell Banker Realty.

$377,000
3 Beds ⋅ 3 Baths ⋅ 727874 MLS ⋅ ['Leasehold'] Tenure
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).

84-5186 Mamalahoa Highway, CAPTAIN COOK

Listing courtesy of Coldwell Banker Realty.

$260,000
1 Baths ⋅ 727227 MLS ⋅ ['Leasehold'] Tenure ⋅ Kona Islander Inn BLDG.
This is a leasehold property. This furnished, air‑conditioned studio provides everything you need with a king bed, TV, mini‑fridge with freezer, microwave, coffee maker, and essential kitchenware. Enjoy resort‑style amenities, including a refreshing pool, hot tub, BBQ grills, and a convenient coin‑operated laundry facility right onsite. Monthly Maintenance Dues include electricity, water, sewer, trash, basic cable, internet, and exterior maintenance. The information herein, while deemed accurate, may contain inaccuracies and is provided without warranty or guaranty of any kind. Agents and Buyers must independently verify any information they deem material or important to their purchase or any offered price thereunder. Square footage should be confirmed by an appraisal report.

75-5776 Kuakini Hwy Unit 327, KAILUA KONA

Listing courtesy of Real Broker.

$2,500,000
1 Baths ⋅ 725203 MLS ⋅ ['Leasehold'] Tenure
This is a leasehold property. 7500 sq/ft High Bay warehouse on 4.5 acres of leasehold land zoned MG-1a on NELHA lease that expires in Sept 2060.

73-4465 Paoo St, KAILUA KONA

Listing courtesy of Go Commercial, LLC.

$699,000
6 Beds ⋅ 4 Baths ⋅ 727043 MLS ⋅ ['Leasehold'] Tenure
This is a leasehold property. Possible rental opportunities with 4 separate living spaces in three structures! Plus, the current owners are growing and processing 8000+ pounds of Kona Coffee per season and processing it on the property in the historic mill!. Live your dream! A must see, will not last! Discover your own slice of Hawaiian paradise with this extraordinary property—a flourishing tropical farm where history, sustainability, and natural beauty unite in perfect harmony. Nestled within a thoughtfully designed estate, you'll find multiple structures, including a historic farm-style main house with 3BR's & 2 baths, a charming mill house with sleeping area and outhouse, and a detached redwood home with 3BR's and1bath plus an outside shower and it's own paved driveway. The main house has a potential second driveway perpendicular off the main road. Rock walls are on 3 sides of property. Fully turnkey, this property comes with farm equipment, furnishings, and an active operation producing premium shade-grown Kona coffee, macadamia nuts, and tropical fruits. The main house blends rustic charm with modern convenience. Its spacious kitchen, open-concept living and dining areas, 3 bedrooms, and 2 baths create a warm, inviting retreat, living room cabinets replaced with custom mango and Australian pine cabinets. Below the main home is a full woodworking workshop, propagation/gardening room and extensive storage. A private guest suite, boasting its own entrance, 3 bedrooms and a full bath, and a kitchen with exquisite Koa cabinetry, elevates the experience. The suite’s bedroom/library, crafted from reclaimed redwood, opens to a lanai with breathtaking ocean views and an open-air shower. At the heart of the estate stands the historic mill, a working hub where coffee and macadamia nuts are meticulously processed. Complete with a Hoshidana (retractable drying roof). A must see, will not last!!

83-5531 Hawaii Belt Rd, CAPTAIN COOK

Listing courtesy of COMPASS.

$335,000
3 Beds ⋅ 3 Baths ⋅ 726966 MLS ⋅ ['Leasehold'] Tenure
This is a leasehold property. Peaceful living on this 10.17 acre leasehold macadamia nut farm in Honaunau. Single wall redwood home built in 1980, 3 bedroom, 3 bath with a 2-car carport. The floorplan is spacious and family-friendly, with covered exterior areas for outdoor living as well. Current KS lease through 2053. The land includes mature macadamia nut trees, grade gets a little steep on the upper half of the property. Farm road access to the house (not fully paved), SUV or AWD recommended. The use of a UTV or ATV is most practical to work the farm and access above the house. Enjoy a quiet, private setting, perfect for farming, self-sufficiency, or rural country living in South Kona. Great opportunity to own LH acreage with a home. This property has a lot of potential, the home will benefit from some improvements. Leasehold may be an appealing and affordable option for buyers seeking land, privacy, and long-term farming opportunity.

84-5052 Hawaii Belt Rd, CAPTAIN COOK

Listing courtesy of Kou Hale Realty LLC.

$350,000
3 Beds ⋅ 3 Baths ⋅ 202528229 MLS ⋅ LH - Leasehold Tenure
Hawaiian Home Lands in Kaumana (Hilo). This is a leasehold property purchaser must be at least 50% Hawaiian.

101 Kilua Road, Hilo

Listing courtesy of Keller Williams Honolulu.

$350,000
3 Beds ⋅ 2 Baths ⋅ 726695 MLS ⋅ ['Leasehold'] Tenure
This is a leasehold property.Charming Custom-Built Cottage with Stunning Kealakekua Bay Views. Vintage Island Charm in the heart of Honaunau Valley. Step back into the golden era of Hawaii living with this adorable 1969 Hawaiian Style home, nestled in the heart of the valley. This 3 bedroom 2.5 bath residence captures true island nostalgia, blending classic character with relaxed, livable comfort. Set on a small, low-maintenance lot, the home enjoys refreshing breezes and a lovely ocean view that reminds you just how close you are to the sea. The classic layout offers inviting living spaces, perfect for slow mornings, family gatherings, or sunset Pau Hana moments. Surrounded by lush valley greenery and rich cultural history, this property offers a rare chance to lease for half the price of fee simple where life moves a little slower and the Aloha spirit feels real! Whether you're dreaming a full-time island home or a peaceful retreat, this sweet vintage gem is ready to welcome you home. This is not for everyone but is inexpensive compared to fee simple homes in this area. It needs to be a cash purchase and expect a long escrow approx. 6 months.

84-5125 Hawaii Belt Rd, CAPTAIN COOK

Listing courtesy of eXp Realty.

$745,000
5 Beds ⋅ 2 Baths ⋅ 726030 MLS ⋅ ['Leasehold'] Tenure
This is a leasehold property. Please inquire about the lease. Peace and serenity is yours on these lush 19+ acres of rolling farm land with 5 bedrooms + 2 bathrooms home with extensive recent remodeling. Approximately 10 acres of Kona coffee orchard, various fruit trees, expansive lawns and green space offer versatile usage for gardening, outdoor enjoyment and various possibilities. This spacious property has plenty of room for your favorite animals too! This farm estate has a 6 stall stable for smaller animals, and once housed mini-donkeys. Fenced pasture area is perfect for horses, alpacas, sheep, or your favorite farm animals. This stunning acreage is just a short drive to all that Keauhou and Kailua-Kona have to offer, including restaurants, shopping, grocery stores, movie theater, beaches, recreational parks and much more! Modern upgrades: New roof on home and garage (2022) New septic system upgrade in 2023 New 25,000 gal. galvanized steel catchment tank (2023) New scenic lanai (porch) on upper level overlooking the farm (2024) New replacement doors interior and entry New gutter on house (2023) New replacement windows (2024) Newly remodeled primary bedroom and bath New waterlines throughout the home (2023) New ceiling fans replaced throughout (2023-2024) Vinyl flooring installed in bedrooms (2024-2025) New replacement doors interior and entry (2024) New Interior lighting (2024-2025) Newer propane water heater installed. (2019) Newly redone interior piping throughout home One steel container for many kinds of storage, included New vanity in primary bathroom New T-111 siding installed on upper portion of house (2024) New window trim and baseboards installed throughout Newly installed field fencing for pasture (2023) An area of exceptional award winning Kona Coffee farms that are some of the best in the world! Seller financing available for qualified buyers!

78-1392 Bishop Rd, HOLUALOA

Listing courtesy of Coast Properties Ltd..

$225,000
1 Baths ⋅ 726412 MLS ⋅ ['Leasehold'] Tenure ⋅ Kona Islander Inn BLDG.
This is a leasehold property. Renovated and well appointed studio at the historic Kona Islander Inn, surrounded by lush tropical grounds and located in the heart of Kailua-Kona. This charming unit is both an ideal personal getaway and a proven vacation rental with strong history and future bookings. The studio features island-inspired décor, a queen bed plus sofa, indoor/outdoor seating, TV, refrigerator/freezer, microwave, coffee maker, A/C, and a ceiling fan. Enjoy relaxing garden views and ocean breezes from the covered lanai. Community amenities include a central pool and spa, barbecue area, open-air lobby and lounge, mature landscaping, coin-operated laundry, and a complimentary parking pass. Steps from Alii Drive, you’re within walking distance of beaches, dining, shopping, and historic sites. Monthly dues include all utilities—electricity, cable/internet, water, sewer, trash, and common-area maintenance. Unit to be sold furnished, minus the wall art.

75-5776 Kuakini Hwy Unit 217, KAILUA KONA

Listing courtesy of eXp Realty.

$220,000
1 Baths ⋅ 726388 MLS ⋅ ['Leasehold'] Tenure ⋅ Kona Islander Inn BLDG.
This is a leasehold property. Welcome to 75-5776 Kuakini Hwy #341, a beautifully remodeled turn-key studio perfectly positioned in the heart of downtown Kailua-Kona. Offering convenience, comfort, and excellent flexibility, this unit is ideal as a full-time residence, second home, or vacation rental when you’re not on island. Enjoy immediate access to Kona’s best dining, shopping, beaches, and entertainment just steps from your door. The location alone adds tremendous value—providing the convenience of urban amenities paired with the relaxed island lifestyle that makes Kona so desirable. Inside, the studio features a smart, efficient layout with modern finishes and a clean, contemporary feel. The recent remodel enhances both style and functionality, making it a great fit for a single professional, couple, or investor seeking a low-maintenance property. The private lanai overlooks lush tropical landscaping and is a peaceful place to relax. Just a short walk brings you to the ocean and nearby beach access—an excellent vantage point for watching the world-famous Ironman competition, spotting whales and dolphins offshore, or simply enjoying Kona’s vibrant coastal atmosphere. Proximity to parks, ocean activities, and outdoor recreation further boosts rental appeal. Experience effortless Hawaiian living in this remodeled, fully furnished studio—a perfect gateway to the Kona lifestyle.

75-5776 Kuakini Hwy Unit 341, KAILUA KONA

Listing courtesy of Coldwell Banker Island Properties - Kona.

$225,000
725866 MLS ⋅ ['Leasehold'] Tenure
This is a leasehold property. This is a KSBE Leasehold Farm with a Lease to 1/31/2053 11.84 acres located up a sweet country road in Honaunau, South Kona, known as Telephone Exchange Rd; just a wee jiggity-jog off of the Hawaii Belt Rd, up a single lane leads you to this private orchard of 400 Macadamia Nut trees. The perimeter fenced property is divided by the access road. There is approximately one acre of forest on either side of the road, left wild as a sanctuary of native flora and fauna. Go through the wooded area to 3 acres of Macadamia Nut trees in the front and 7 acres in the back. Fully mature, grafted Macadamias were planted nearly 40 years ago. This is a unique offering, with a Lease to 2053 and which allows for a farm dwelling to be built. The cool, mauka elevation and rich soil is ideal for growing a huge variety of fruit and cash crops. Telephone Exchange Rd is a lovely community of farmers and artists. The property overlooks Pu’uhonua O’Honaunau, The City Of Refuge; a National Historical Park, which is a culturally significant Hawai’i landmark. The nearby bay is a fishing ramp, the home of the local outrigger team, Keoua, and offers some of the best ocean access for water sports that the Big Island has to offer. Other nearby beaches include Ho’okena, Manini, Ke’ei and Kealakekua Bay. Honaunau's local amenities include gas stations, Post Office, convenience stores, fruit stands and various eateries. The town of Captain Cook is a 10 minute drive away and has an excellent grocery store, Post Office, restaurants, Ace hardware and a lively Sunday Farmer’s Market. * KSBE Leasehold properties require 100% CASH. ** Closing takes approximately 6 months!

84-1178 Telephone Exchange, CAPTAIN COOK

Listing courtesy of Hawaii Life.

$425,000
3 Beds ⋅ 2 Baths ⋅ 725574 MLS ⋅ ['Leasehold'] Tenure
This is a leasehold property. Keaukaha Hawaiian Homes-Renovated 5 bedroom, 2 baths, large 21,155 sq. ft.lot. Near Keaukaha Beach Park/ Puhi Bay in Hilo. Purchaser must be at least 50% Hawaiian.

203 Todd Ave, HILO

Listing courtesy of Keller Williams Honolulu.

$425,000
5 Beds ⋅ 2 Baths ⋅ 202525150 MLS ⋅ LH - Leasehold Tenure
Keaukaha Hawaiian Homes-Renovated 5 bedroom, 2 baths, large 21,155 sq. ft. lot. Near Keaukaha Beach Park/ Puhi Bay in Hilo.

203 Todd Avenue, Hilo

Listing courtesy of Keller Williams Honolulu.

$219,900
1 Baths ⋅ 725059 MLS ⋅ ['Leasehold'] Tenure ⋅ Kona Islander Inn BLDG.
This is a leasehold property. Experience the magic of Old Hawaii in this beautifully remodeled studio condo at the Kona Islander Inn, located in the heart of historic downtown Kailua-Kona.This stylish, fully updated studio blends modern comfort with classic island charm. Relax in your completely furnished cozy tropical retreat, complete with kitchenette, and a private lanai perfect for morning coffee or evening relaxation. Just across the street, you’ll find the sparkling blue waters of the Pacific along famous Alii Drive. Swimming, snorkeling, or simply soaking up the views are all nearby. The complex itself exudes a vintage Hawaiian feel, surrounded by lush gardens, a sparkling pool, and swaying palms. Walk right out your door to explore the best of Kailua-Kona! You’re within minutes of oceanfront restaurants, boutique shopping, local markets, live music, and endless activities—from snorkeling cruises to coffee farm tours. Highlights: • Completely remodeled studio with modern finishes • Located in historic downtown Kailua-Kona • Across the street from the ocean • Lush tropical grounds with pool, spa & BBQ area • Walk to shops, dining, and entertainment • Classic “Old Hawaii” charm with all the comforts of home Whether you’re seeking a peaceful getaway or an adventure-filled stay, this Kona Islander Inn studio is your perfect home base on the Big Island!

75-5776 Kuakini Highway Unit 234, KAILUA KONA

Listing courtesy of Hawaii Coast Realty, LLC.

$319,000
1 Beds ⋅ 1 Baths ⋅ 725079 MLS ⋅ ['Leasehold'] Tenure ⋅ Kona Makai BLDG.
This is a leasehold property. Kona Makai is an oceanfront complex that offers you relaxed Kona-style living. There is a large, inviting pool and spa area right on the coast. A private sandy spot to dig your toes in, a BBQ area for grilling, a fitness room, and even a ping pong table in the rec center. The tropical and lush landscaping, the easy breezes, and the sounds of the waves all add to the Hawaiian ambiance and enjoyment of being in Kona. This unit has been upgraded with new flooring and new paint throughout. It's being sold turnkey furnished. The unit is idealy located in Building 2. But it's the ocean views that really capture your attention. Enjoy morning coffee, dining, and pau hana cocktails on your lanai that looks directly at the ocean. This is a very special unit at an affordable price for personal enjoyment or as an investment property. It has an STVR license, which is transferable to the buyer. Kona Makai is a gated community that offers extra security. It's close to Kailua Town, beaches, Kona County Golf Club, movie theaters, restaurants, shopping and more. Enjoy all the pleasure and excitement of living along the famous Gold Coast.

75-6026 Alii Dr Unit 2203, KAILUA KONA

Listing courtesy of Kona Pacific Realty.

$139,000
1 Baths ⋅ 724510 MLS ⋅ ['Leasehold'] Tenure ⋅ Kona West BLDG.
This is a leasehold property. Discover this beautifully updated studio at Kona West, ideally located in the heart of Kailua-Kona. This move-in-ready condo features new flooring, fresh paint, and an upgraded kitchenette with granite countertops and custom wood cabinetry. Enjoy indoor-outdoor living with a spacious covered lanai surrounded by tropical greenery. Kona West offers a sparkling pool, spa, ocean views, and BBQ area — perfect for relaxing after a day exploring the island. Conveniently situated near Ali‘i Drive, dining, beaches, and shopping. A great opportunity for full-time living or an investment property in a prime Kona location.

75-5680 Kuakini Highway Unit 206, KAILUA KONA

Listing courtesy of Knutson & Associates.

$850,000
3 Beds ⋅ 3 Baths ⋅ 724553 MLS ⋅ ['Leasehold'] Tenure
This is a leasehold property. Vintage Keauhou Store in fantastic condition for its' age. The original Sasaki Store was built in 1919 and underwent various additions and remodels through the years. Even now there are many old historic items on display. The upstairs has a beautiful 1 bedroom, 1 bathroom dwelling space and downstairs is a cute 2 bedroom, 1 bathroom dwelling space. A Historic Neighborhood Store situated on a 1.7 acre farm with coffee and various fruit trees. The roof was replaced in 2010 and the electrical was completely re-wired and upgraded with two separate electric meters. The annual lease rent is only $1,124. There are 16 years remaining on the KSBE Agricultural Lease.

78-7010 Mamalahoa Highway, HOLUALOA

Listing courtesy of Kona Resort Properties.

$205,000
1 Beds ⋅ 1 Baths ⋅ 724031 MLS ⋅ ['Leasehold'] Tenure ⋅ Kona Makai BLDG.
This is a leasehold property. FEE AVAILABLE FOR PURCHASE!! SEE ATTACHED LETTER FROM AOAO! THE FEE AND UNIT ARE FINANCEABLE! Welcome to Kona Makai 2-102, a beautifully maintained ground-floor condo in one of Kailua-Kona’s most sought-after oceanfront communities. This turn-key unit has been well-loved by both owners and guests alike, offering the perfect balance of comfort, convenience, and Hawaiian charm. The interior is thoughtfully cared for, with tasteful finishes and furnishings that create a welcoming retreat. The owners have taken exceptional care to keep this unit in top condition, ensuring it is always ready to enjoy or share with vacation guests. As a successful Short-Term Vacation Rental (STVR), this condo already has a proven history of guest satisfaction, making it an ideal opportunity for those seeking both a personal getaway and an income-producing investment. Step outside your lanai and enjoy the lush tropical grounds of Kona Makai, featuring a sparkling oceanfront pool, spa, BBQ area, fitness room, and tennis courts—all just minutes from downtown Kona’s shops, dining, and beaches. Whether you’re looking for a primary residence, vacation home, or income property, Kona Makai 2-102 is an excellent choice. ✨ Highlights: • Ground floor location for easy access • Beautifully maintained and move-in ready • Resort-style amenities in an oceanfront complex The Kona Makai complex is a beautifully maintained & highly sought after Ocean Front Complex located on famous Alii Drive, This wonderful complex features and includes beautifully manicured tropical grounds, ocean front pool and spa, sunny lounge area, two work out rooms, eating area w/ gas BBQ’s, tennis courts, ping pong table, ample parking, and is gated during the night for security. Maintenance Fees include: Water, Landscaping, Resident Manager, Trash, Pool Service, Cable TV, & Internet! (500+mbps)

75-6026 Alii Dr Unit 2102, KAILUA KONA

Listing courtesy of Knutson & Associates.

$395,000
3 Beds ⋅ 1 Baths ⋅ 722574 MLS ⋅ ['Leasehold'] Tenure
This is a leasehold property. Old Style Macadamia Nut and Kona Coffee Farm with various fruit trees. Convenient rural location only 10 minutes away from shopping and dining. The Farm Dwelling is a vintage "Coffee Shack" that has been completely upgraded with new paint, new flooring, new blinds, new Kitchen with granit countertops and new appliances, new Bathroom... An additional bathroom is downstairs with the new Washer and Dryer. This is a Bishop Estate lease that combines 4 lots totalling 4.8 acres. TMKs 3-7-8-5-8,32,43 & 53

78-6968 Mamalahoa Highway, HOLUALOA

Listing courtesy of Kona Resort Properties.

$220,000
1 Baths ⋅ 720935 MLS ⋅ ['Leasehold'] Tenure
This is a leasehold property. Orchid Land Surfboards, a beloved fixture in the Big Island surf community for 53 years. Now, for the first time in its history, this beloved institution is being offered for sale. This well-established and locally loved retail business offers a prime bayfront location with high visibility, strong foot traffic, and easy access to parking and neighboring shops. The shop is well-positioned to capture tourist sales with minimal extra investment. The vibrant storefront features a curated selection of surfboards, boogie boards, beachwear, swimwear, accessories, and locally made goods, attracting both residents and visitors who appreciate Hawaii’s surf and beach culture. Orchid Land's original tees are worn with pride across the islands. Step inside and enjoy viewing the walls of memorabilia collected over the years. Founded and operated by Stan Lawrence, he refers to it as his museum. This is more than a business - it's a place people return to, year after year, for boards, gear and connection. Hilo welcomes weekly cruise ships with 2,000+ passengers, plus regular island visitors. Built-in marketing advantage: the shop’s daily surf report, broadcast seven times a day on four local radio stations, includes the store’s name in every update—providing valuable, no-cost exposure to thousands of listeners daily. The familiar voice of the legend himself is heard every day. Sale includes inventory, fixtures, branding, and established vendor relationships. Step right in and ride the wave of Hawaii’s year-round surf lifestyle. An exceptional opportunity for an owner-operator or investor looking to expand in Hawaii’s thriving lifestyle retail market. Untapped online sales potential. The shop is waiting for the right person to launch an online store. Don’t miss this rare chance to own an iconic piece of Big Island surf history. **This is a business sale only and does not include real property.**

262 Kamehameha Ave, HILO

Listing courtesy of Arabel L Camblor Realty.

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