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 19 Properties.

 

69-2014 NANI PANIAU PL 5

Price: $23,900,000     Beds: 7     Baths: 7
MLS#: 623987
The ultimate oceanfront compound and/or development opportunity. Nani Paniau is located adjacent to the Mauna Lani Resort and within walking distance….read more


69-1566 PUAKO BEACH DR

Price: $17,499,000     Beds: 6     Baths: 7
MLS#: 626730
Honuala’i Estate, a majestic oceanfront residence comprised of 1.16 acres with approx. 450 lineal feet of prime ocean frontage on the Kohala Coast. ….read more


69-1736 PUAKO BEACH DR 54

Price: $7,695,000     Beds: 4     Baths: 5
MLS#: 623478
This private, securely-gated oceanfront estate features completely unobstructed, commanding front row views of whitewater, sand, coastline and sunsets….read more


69-1858 106 PUAKO BEACH DR 31

Price: $6,100,000     Beds: 5     Baths: 5
MLS#: 621293
The dream of owning a white sand beach in Hawaii only steps from your oceanfront lanai, coupled with the best and easiest ocean access channel in Puak….read more


69-1886 PUAKO BEACH DR 24

Price: $5,495,000     Beds: 4     Baths: 4
MLS#: 627536
Kaiakea means “expansive view of the sea” which is exactly what you behold from this beloved, kamaina owned estate. Welcome to one of Puako’s finest o….read more


69-1878 PUAKO BEACH DR 26

Price: $4,185,000     Beds: 5     Baths: 5
MLS#: 617804
Big Island, small village tucked away on the shores of the Kohala Coast between Mauna Kea and Mauna Lani Resorts – a piece of history dating back to….read more


69-1634 PUAKO BEACH DR

Price: $3,950,000     Beds: 4     Baths: 3
MLS#: 612392
Right on the white sands of Puako! A rare opportunity to own a custom built Puako oceanfront home with access to the white sand beach directly in fro….read more


69-1680 PUAKO BEACH DR 68

Price: $3,600,000     Beds: 5     Baths: 5
MLS#: 628933
This is charming Puako at its best. Oceanfront living with your own sandy beach in front, including a tidepool that is perfect for lounging in. The ….read more


69-1716 PUAKO BEACH DR 59

Price: $3,595,000     Beds: 3     Baths: 3
MLS#: 629295
Vladimir Ossipoff designed this Mid Century Modern Hawaiian Asian fusion style home for his great friend, a beautiful collaboration, built with Aloha ….read more


69-1918 PUAKO BEACH DR 16

Price: $2,850,000     Beds: 2     Baths: 1
MLS#: 628337
NEWLY REDUCED PRICE! There’s a reason that this oceanfront gem has only changed owners a couple of times in more than 60 years. Located at the most ….read more


69-1766 PUAKO BEACH DR 47

Price: $2,700,000     Beds: 3     Baths: 2
MLS#: 623620
Black sandy beachfront location for this two unit property is ideal for future development or current use as small residence or vacation rental. Ocean….read more


69-1548 PUAKO BEACH DR 2-E

Price: $2,495,000     Beds: 0     Baths: 0
MLS#: 631044
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: $2,295,000     Beds: 0     Baths: 0
MLS#: 631041
Lot 2-C is a 0.84 acre oceanfront parcel, which is 2.64 times as large as standard Puako lots.
Unlike rest of Puako, the property is out of the flo….read more


69-1544 PUAKO BEACH DR 2-D

Price: $2,295,000     Beds: 0     Baths: 0
MLS#: 631042
Lot 2-D is one of the best values in Puako Bay.
This parcel is over 2.3 times as large as average Puako lots, but is offered at the price of an ave….read more


69-1538 PUAKO BEACH DR 2-B

Price: $1,995,000     Beds: 0     Baths: 0
MLS#: 609260
Lot 2-B is the least priced oceanfront lot in Puako Bay.
This parcel is over 85% larger than average Puako lots, but is offered at the price of an ….read more


69-1889 PUAKO BEACH DR

Price: $1,650,000     Beds: 4     Baths: 3
MLS#: 621026
PRICED BELOW RECENT APPRAISED VALUE! Puako Mauka side home of the highest construction quality; only 14 years old on a 14,000 sqft. lot. Seller purch….read more


PUAKO BEACH DRIVE 2

Price: $1,500,000     Beds: 0     Baths: 0
MLS#: 625544
Puako Lot 2 is a 1.62 acre parcel, over 4 times larger than the average lot in this tranquil sea side village. Situated near the Historical Hokuloa C….read more


69-1695 PUAKO BEACH DR 94

Price: $1,299,000     Beds: 4     Baths: 2
MLS#: 623233
Welcome to Puako, one of Hawaii Island’s most sought after neighborhoods on the Kohala Coast! This property boasts 2 separate homes located on a 14,00….read more


69-1707 PUAKO BEACH DR 97

Price: $1,275,000     Beds: 2     Baths: 1
MLS#: 627917
Looking for a quaint beach house in Hawaii?

Puako 35 was designed to be a fully functional 500 square foot “Guest House” enabling the owners to….read more


69-1647 PUAKO BEACH DR

Price: $499,000     Beds: 3     Baths: 2
MLS#: 629077
Opportunity to own the most affordable property in Puako!! Regarded by many as one of the most desirable beachfront communities on the Kohala Coast fo….read more