This is a leasehold property. .. with NO farming requirements! Incredible price for an amazing property! Live the true Big Island lifestyle in peaceful & culturally rich Honaunau on iconic Painted Church Road. Updated 3/2 home on 25,519sf w/ privacy, space & ocean air. 22+ years remaining on a financeable lease. Why this leasehold stands out: • Lease Rent is FIXED for the remaining 22+ years – rare long term rent stability • No escalating lease rent during the balance of the lease • Lease rent is less than or comparable to condo AOAO fees • Instead of shared walls & parking you get a full sized home & 25,000 sq ft of land • 17 year financing possible aligning with the remaining lease term • No farming obligations!!! Open concept living with beautiful bamboo flooring. Upgraded kitchen with granite counters, new stainless appliances & a full wall of custom pantry cabinets. Spacious primary suite with lanai access, a/c, walk in closet & beautifully finished bath. New vinyl windows, updated moulding, recessed lighting & ceiling fans create a light breezy feel. Fumigated in 2021 with substantial substructure replacement completed. Large laundry/flexible space. Expansive 600 sq ft lanai perfect for outdoor dining & relaxing. Tropical orchard includes ulu, lychee, papaya, jaboticaba, limes, longon, oranges, clementines, cherimoya, avocado, mango, coconut, coffee, soursop, black bamboo, jade, monkeypod & more. 20 panel owned PV on Net Metering. County water no catchment. Large work space/shop under the home with tons of storage, fully fenced & gated yard plus there is even a zip line. Partially furnished for easy move in. Minutes to Puʻuhonua o Honaunau, Two Step snorkeling & Kealakekua Bay. Space, privacy, lifestyle
Honaunau, located between Kealakekua Bay and Puʻuhonua o Hōnaunau National Historical Park, is a coastal and rural Honaunau-Napoopoo neighborhood with lava-rock shorelines and coffee-country slopes. The neighborhood’s character concentrates around the Puʻuhonua Road (HI-160) junction with Hawaiʻi Belt Road (HI-11), where small roadside fruit stands, ocean-view pullouts, and local plate-lunch counters set an unhurried rhythm. Puʻuhonua o Hōnaunau National Historical Park anchors the area’s cultural landscape, while Two Step at Hōnaunau Bay draws steady daytime activity at the waterline. Honaunau Coffee Company and Kona Boys (Captain Cook) add local flavor through tastings and ocean gear culture. Homes and small farms follow the contours of the mauka hillside, with wide skies and salt air shaping daily routines.
Provided by Walk Score and Local Logic
Market insights
84-5085 Painted Church Rd · $524,000
DAYS ON MARKET
1 days
The average home goes pending in 106 days.
SALE-TO-LIST
97.7%
Most homes are selling 2% below list price.
LIST PRICE
$524,000
Median sale price in this area is $588,071. (12% higher than this home)
PRICE DROP
0 price drops
22% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Photovoltaic panels (solar)
Cable, satellite and wireless internet available
Cesspool sewer system
Bathrooms
2 full bathrooms
Kitchen
Dishwasher
Microwave
Range
Refrigerator
Heating & cooling
Wall/window air conditioning units
Exterior features
Stone and wood fencing
Grassy lot
Fairly level topography
Road/street frontage
Home design
Leasehold land tenure
Full ownership interest in property (ownership listed as Full)
Zoned A-5A
Lava zone 3
Utilities
Electricity available
Phone service available
Solid waste disposal: none indicated
Financial info
Not used as a short-term vacation rental (per listing)
Electricity and solar
View estimated energy costs and solar savings for this home
Sale and tax history for 84-5085 Painted Church Rd
Sale History
Tax History
Date
Event
Price
HI Information Service #733724
Sep 21, 2026
Listed
$524,000
$284/sq ft
HI Information Service #710356
Aug 25, 2026
Listing Removed
—
Jun 1, 2026
Listing Removed
—
Apr 21, 2026
Price Changed
$524,000
$284/sq ft
Apr 3, 2026
Price Changed
$549,900
$298/sq ft
Nov 14, 2025
Contingent
—
May 31, 2025
Price Changed
$599,900
$325/sq ft
Mar 5, 2025
Price Changed
$630,000
$341/sq ft
Jan 30, 2025
Price Changed
$650,000
$352/sq ft
Oct 18, 2024
Price Changed
$660,000
$357/sq ft
May 20, 2024
Listed
$670,000
$363/sq ft
HI Information Service #645171
Jun 22, 2021
Sold
$500,000
$271/sq ft
Feb 4, 2021
Contingent
—
Jan 13, 2021
Listed
$499,000
$270/sq ft
+21
This is a KSBE Residential Leasehold. The home on this half acre of tropical paradise is a newly remodeled, single level, 3+ bedroom, 2 bath, with nearly 2000’ sqft living area and a 500 sq ft lanai with sunset & ocean views, which overlooks the large, flat, fenced yard. Below the home is covered parking, a shop, & plenty of storage. Lava rock walls flank the steps to the front porch. Enter into an open floor plan of living, kitchen, and dining area with the 3 bedrooms down the hallway. The master bedroom is privately situated at the end of the hall and opens to the lanai and has north-facing windows, which look over the gated driveway and allow for filtered morning light. The full bath en suite is artistically tiled and features 2 vessel sinks. The second bathroom with stone tiled vanity and Onyx vessel sink is next to the laundry/office. The home has Bamboo flooring throughout. Tropically landscaped with an enviable lush lawn, plenty of room for vegetable gardens, and many mature exotic fruit and shade trees including Avocado, Mango, Lychee, Papaya, Lime, Tangerine, Orange, Jaboticaba, Cherimoya, Rollinea, Banana, Arabica Coffee, Coconut Palms, Monkeypod and Banyan. There are also pineapple, several types of Lilikoi (including a rare, giant varietal), multiple stands of Bamboo, hedges of Hibiscus, a cool, Cactus garden and more!Located on desirable Painted Church Rd in rural and historic Honaunau. This area is known for its lush beauty, relative level grade – easy to walk, run and bicycle, and only 5 minutes to the ocean at Pu’uhonua 'O Honaunau (Two Steps), which has some of the best snorkeling on the Island. It is also within 15 minutes of other world-class beaches, including Ho’okena, Ke'ei, Manini and Kealakekua Bay. * Financeable 29 year Lease to 8/1/2049; Annual Lease rent is extremely low at $2384. * Brand new 20 panel 6,300 kWh fully-owned PV system with net-metering. * Serviced by municipal water
HI Information Service #631453
Sep 30, 2020
Listing Removed
—
Aug 14, 2020
Contingent
—
Jul 7, 2020
Price Changed
$499,000
$270/sq ft
Apr 27, 2020
Price Changed
$515,000
$279/sq ft
Mar 5, 2020
Contingent
—
Dec 19, 2019
Price Changed
$529,000
$286/sq ft
Oct 15, 2019
Price Changed
$549,000
$297/sq ft
Sep 3, 2019
Listed
$569,000
$308/sq ft
Public Records
Feb 22, 2016
Sold
$370,000
$200/sq ft
Public Records
Jan 9, 1996
Sold
$150,000
$81/sq ft
Public Records
Nov 1, 1995
Sold
$28,637
$15/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,790 (+4.0%)
$149,700 + $469,200
$618,900
2024
$2,683 (+27.8%)
$149,700 + $451,200
$600,900
2021
$2,099 (+4.1%)
$149,200 + $433,700
$582,900
2020
$2,017 (+4.1%)
$117,900 + $343,400
$461,300
2019
$1,937 (+4.2%)
$117,900 + $330,000
$447,900
2018
$1,859 (+2.8%)
$117,900 + $317,000
$434,900
2017
$1,807 (−51.9%)
$117,900 + $304,300
$422,200
2016
$3,755 (+881.6%)
$117,900 + $296,000
$413,900
2013
$383 (+20.1%)
$63,000 + $139,700
$202,700
2012
$319
$63,000 + $139,700
$202,700
Public record
Public record
Zoning
Permits
Beds
3
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
0.59 Acres
Year renovated
1998
Finished Sq. Ft.
1,848
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,848
Year built
1977
Style
Single Family Residential
County
Hawaii County
APN
3840100120000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 17, 2026.
A-5A
Agricultural District - 5 Acres
The A (agricultural) district provides for agricultural and very low density agriculturally-based residential use, encompassing rural areas of good to marginal agricultural and grazing land, forest land, game habitats, and areas where urbanization is not found to be appropriate. A-5a is an agricultural district with a minimum building site area of 5 acres.
Permitted uses
Include but are not limited to:
Agriculture
Equestrian facility
Greenhouse / nursery
Livestock production
Housing-Group
Housing-Single unit
Kennel
Veterinary clinic
Agriculture-Cropland
Agriculture-Pastureland
Jun 27, 2019 • Final
Residential single family electrical
Install roof-mounted solar panels on a residential building.
Electrical
Solar
Jun 14, 2019 • Final
Residential
Install roof-mounted solar panels on a residential building.
Electrical
Solar
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
Fire Factor
We're working on getting current and accurate fire risk information for this home.
Heat Factor
We're working on getting current and accurate heat risk information for this home.
Wind Factor
We're working on getting current and accurate wind risk information for this home.
1/10 Air Factor
Minimal risk of unhealthy air over next 30 years
Provided by First Street
Historical weather
Captain Cook, HI • 96704
Average low and high temperatures (°F)
76
64
76
64
76
66
77
67
76
66
76
68
79
69
79
68
79
70
79
69
78
67
77
66
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
94/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 24% for direct sun exposure in Captain Cook. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.8 hrs
8.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 84-5085 Painted Church Rd
$523,933
$67 under list price of $524K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $475K to $1.1M.