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 26 Properties.

 

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


69-1790 PUAKO BEACH DR 6

Price: $8,950,000     Beds: 4     Baths: 4
MLS#: 610317
An oversized 1.62-acre parcel with 350 feet of ocean frontage; all 4 air-conditioned bedrooms afford extraordinary ocean views. Recently built in 2014….read more


69-1560 PUAKO BEACH DR 3-A

Price: $7,950,000     Beds: 0     Baths: 0
MLS#: 605718
This 71,349 sq. ft. (1.64 acres) oceanfront property is comprised of 3 separate TMKs, a significant feature as the aggregate value of the separate lot….read more


69-1634 PUAKO BEACH DR

Price: $4,500,000     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


69-1866 PUAKO BEACH DR 29

Price: $4,500,000     Beds: 3     Baths: 2
MLS#: 610085
Once in a decade or so, the best Puako Beach house comes on the market, you know, the one you dream about, well here it is! The location is stellar, w….read more


69-1778 PUAKO BEACH DR 44

Price: $4,250,000     Beds: 4     Baths: 4
MLS#: 610938
This magical oceanfront property embodies all the unique aspects of Puako! A gracious ,comfortable home built in 2012, it features expansive , covered….read more


69-1550 PUAKO BEACH DR 3

Price: $3,850,000     Beds: 0     Baths: 0
MLS#: 609258
Very rare almost 1.6 acres of oceanfront estate parcel available at a great price! Privacy beyond compare. No expensive HOA dues, no design guidelines….read more


69-1564 PUAKO BEACH DR 1-A

Price: $2,899,000     Beds: 0     Baths: 0
MLS#: 609000
Oceanfront lot with over half an acre of land in an exquisite and secluded cove, without monthly HOA dues or CC&Rs. This wide parcel has tall coconut ….read more


69-1560 PUAKO BEACH DR 3-A

Price: $2,899,000     Beds: 0     Baths: 0
MLS#: 608998
Oceanfront oversized lot with over 29,000 sq. ft. in an exquisite and secluded cove, without monthly HOA dues or CC&Rs. This wide parcel has tall coco….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


69-1542 PUAKO BEACH DR 2-C

Price: $2,725,000     Beds: 0     Baths: 0
MLS#: 609261
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


69-1548 PUAKO BEACH DR 2-E

Price: $2,725,000     Beds: 0     Baths: 0
MLS#: 609263
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


69-1687 PUAKO BEACH DR 92

Price: $2,500,000     Beds: 4     Baths: 5
MLS#: 607433
Located in Puako, one of the most sought after communities on the Kohala Coast, this sophisticated home, reminiscent of old world Hawaii but re-imagin….read more


69-1544 PUAKO BEACH DR 2-D

Price: $2,450,000     Beds: 0     Baths: 0
MLS#: 609262
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: $2,300,000     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 141

Price: $2,300,000     Beds: 4     Baths: 3
MLS#: 608206
Architectural Beauty in the heart of Puako, everyone’s favorite neighborhood! This multi functional home is perfect for a full time residence, 2nd hom….read more


69-1931 PUAKO BEACH DR 151

Price: $1,795,000     Beds: 4     Baths: 3
MLS#: 609211
Luxurious, bright and light, this fully air conditioned beach house has a had a complete face lift and is the Belle of Puako! Come enjoy the feeling ….read more


69-1807 PUAKO BEACH DR

Price: $1,690,000     Beds: 0     Baths: 0
MLS#: 612474
Puako, the idyllic beach front community along the Kohala Coast, is known for its quaint beach cottages, gentle breezes, and tranquil pace of life. Of….read more


69-1562 PUAKO BEACH DR 2-A

Price: $1,290,000     Beds: 0     Baths: 0
MLS#: 609001
Large lot with over 19,000 sq. ft. on the ocean side of Puako, within an exquisite and secluded cove, without monthly HOA dues or CC&Rs. The lot confi….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