Puako/Waialea Bay

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The Puako – Waialea area is one of the most unique oceanfront enclaves in the State of Hawaii. Located midway between the Mauna Lani Resort and the Mauna Kea Resort, Puako Beach Drive is a 2 mile long cul de sac road with approximately 170 properties, half of which are oceanfront and the other half across the street from the ocean. There are public access right-of-ways all along the road providing beach access to everyone.

Until the mid to late 40’s, Puako was accessible only by boat or by walking trail. During WW II, the roadway was built and shortly after the war, the Territory of Hawaii began auctioning the lots to local residents for between $300 to $1,000.

Puako has great appeal for people wanting to live right on or close to the ocean in a small neighborhood enclave close to two major resorts; there are few places in Hawaii where one can live so close to the ocean. The large coral reef and tide pools that Puako is known for protect most of the oceanfront properties. Some of the best snorkeling and diving along the Kona-Kohala Coast can be found here.

Being such a small, stable market with limited availability, real estate prices in Puako have traditionally done quite well, even in down markets. Opportunities include newer single family homes, older beach style cottages and a very limited number of condominiums and vacant land parcels.

When purchasing oceanfront property in Hawaii, the buyer must be aware of special requirements, conditions and restrictions imposed by state and county governments. The principals at Mauna Kea Realty have sold, owned and developed more property in Puako than any other purported expert. We have our pulse on this unique market and know of opportunities that may not be listed in the Multiple Listing Service.

Your Search Returned 23 Properties.

 

69-2012 NANI PANIAU PLACE 4

Price: $27,500,000     Beds: 7     Baths: 7
MLS#: 605147
The ultimate oceanfront estate and private compound. One of the largest privately owned oceanfront properties on the Kohala Coast; this parklike 7.45 ….read more


69-1566 PUAKO BEACH DR

Price: $23,000,000     Beds: 6     Baths: 7
MLS#: 601393
Honuala’i Estate, a majestic oceanfront residence comprised of 1.16 acres with approx. 450 feet of prime ocean frontage on the Kohala Coast. Located….read more


69-2014 NANI PANIAU PL 5

Price: $15,000,000     Beds: 7     Baths: 7
MLS#: 298037
Paniau is one of the most spectacular oceanfront estates on the Kona-Kohala Coast. Situated on approx. 1.8 acres with 274 feet of direct ocean-fronta….read more


69-1790 PUAKO BEACH DR 6

Price: $9,775,000     Beds: 4     Baths: 4
MLS#: 600781
This is Puako at its finest; new contemporary construction, 1.62 ac. of oceanfront — one of the largest private residential lots in Puako. The ….read more


69-1634 PUAKO BEACH DR

Price: $4,925,000     Beds: 4     Baths: 3
MLS#: 294745
This is a rare opportunity to own a custom Puako oceanfront home with access to substantial beachfront and spectacular panoramic views of Puako, Waile….read more


69-1778 PUAKO BEACH DR 44

Price: $4,450,000     Beds: 4     Baths: 4
MLS#: 284694
This magical oceanfront property embodies all the unique aspects of Puako! This gracious, comfortable home built in 2012 features expansive, covered l….read more


69-1648 PUAKO BEACH DR 76-B

Price: $4,295,000     Beds: 3     Baths: 3
MLS#: 299437
Toes in the white sand! Fronting a small white sand cove in Puako and situated in one of the most sought-after locations, 69-1648 Puako Beach Drive h….read more


69-1550 PUAKO BEACH DR 3

Price: $3,850,000     Beds: 0     Baths: 0
MLS#: 602525
Very rare 1.6 acres of oceanfront estate parcel available at a great price! Privacy beyond compare. No expensive HOA dues, no design guidelines.
….read more


69-1818 PUAKO BEACH DR

Price: $3,800,000     Beds: 0     Baths: 0
MLS#: 603275
Unique opportunity in the Puako village. This over-sized Oceanfront lot is a rare find!

A true oasis along the Kohala Coast, this lot is alm….read more


69-1814 PUAKO BEACH DR

Price: $3,400,000     Beds: 3     Baths: 1
MLS#: 290946
A rare opportunity along the Kohala Coast. Loved by many, the cottage is currently a successful VRBO which offers the tranquil oceanfront setting fou….read more


69-1798 PUAKO BEACH DR 42

Price: $2,775,000     Beds: 3     Baths: 3
MLS#: 298121
It doesn’t get any better than Puako!

Slide into your flip flops, slow down your pace, breathe deeply – and live.

Puako is a “hidden….read more


69-1956 PUAKO BEACH DR 7

Price: $2,750,000     Beds: 1     Baths: 1
MLS#: 287934
This property is as close to the ocean as one can be and its classic, well-kept cottage evokes images of old Hawaii. The lush landscaping includes man….read more


69-1548 Puako Beach Dr 2-E

Price: $2,725,000     Beds: 0     Baths: 0
MLS#: 288671
Lot 2-E is an oceanfront lot with a beautiful grand driveway entry.
This parcel is over 2.3 times as large as average Puako lots.
Unlike rest of….read more


69-1542 PUAKO BEACH DR 2-C

Price: $2,725,000     Beds: 0     Baths: 0
MLS#: 291379
The final subdivision approval has been just granted! Lot 2-C is a 0.84 acre oceanfront parcel, which is 2.64 times as large as standard Puako lots.….read more


69-1544 PUAKO BEACH DR 2-D

Price: $2,450,000     Beds: 0     Baths: 0
MLS#: 288789
The final subdivision approval has been just granted! Lot 2-D is one of the two least priced oceanfront lots and the larger of the two in Puako Bay.….read more


69-1538 Puako Beach Dr 2-B

Price: $2,300,000     Beds: 0     Baths: 0
MLS#: 288669
The final subdivision approve has been just granted! Lot 2-B is one of the two least priced oceanfront lots in Puako Bay.
This parcel is over 85% ….read more


Puako Beach Dr 3

Price: $1,990,000     Beds: 0     Baths: 0
MLS#: 603063
Price Reduction – Half a Million off of the Price!

Rare Large Resort Zoned Lot Opportunity in Desirable Puako Beach Community!

This 3.63….read more


69-1757 PUAKO BEACH DR 59

Price: $1,785,000     Beds: 6     Baths: 5
MLS#: 293470
Introducing Puako Drive 59 in its new glory after a complete make over preparing the land and home for sale. Where else on the Big Island could you be….read more


69-1807 PUAKO BEACH DR 83

Price: $1,690,000     Beds: 4     Baths: 3
MLS#: 297979
Priced for QUICK SALE. Puako Living! Two separate TMK’s (3-6-9-5-24-1 & 2) each with a pride of ownership. See MLS 297932 & 297935.
Back home (….read more


69-1795 PUAKO BEACH DR 118

Price: $1,150,000     Beds: 1     Baths: 1
MLS#: 291793
This charming beach cottage has recently been remodeled and it’s sited on a great lot across the street from the ocean. From the property, it’s an….read more