Discover the potential of this 2-bedroom, 1-bath home nestled in the peaceful community of Kukuihaele Village. Perched on a gentle hillside, the property enjoys refreshing breezes and a quiet, country atmosphere—offering the perfect backdrop for those seeking a project with great future rewards. In addition to the main living area, the property includes an unpermitted bedroom located just outside the main house—perfect for guests, storage, or creative use. The home also features a unique outdoor shower area, conveniently connected to the house by a covered patio, adding to its rustic island charm. While the home is in need of repairs and thoughtful renovation, its classic charm makes it an ideal canvas for creating something truly special. With vision and care, this house can shine again as a cozy residence, or long-term investment. Located minutes from Waipiʻo Valley Lookout, nearby conveniences, and the natural beauty of Hāmākua Coast, this property captures the quiet, rustic feel of village living, just minutes from some of the island’s most stunning landscapes. If you’ve been waiting for a fixer-upper with character, location, and potential—this is the one.
Single-familyProperty Type
1949Year Built
5,324 sq ftLot Size
$412Est. Price/Sq.Ft.
Listed by Malia Palea• Pacific Coast Properties Inc
Contact: 8089878145
Bought with Malia Palea• Pacific Coast Properties Inc
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Market trends in 96776, HI
Last updated September 2026
Buyer's Market
Seller's Market
Buyer's market
Sale-to-List Price
96.2%
+2.0% MoM
Median sale price
$845K
$73K MoM
Avg. days on market
117d
7 days MoM
Recently sold homes
3
1 MoM
Provided by Redfin
Sale history for 48-5438 Govt Main Rd
Date
Event
Price
HI Information Service #726212
Jan 30, 2026
Sold
$225,000
$336/sq ft
Dec 3, 2025
Listed
$325,000
$485/sq ft
HI Information Service #705365
Dec 8, 2023
Sold
$1,235,000
$1,843/sq ft
Nov 9, 2023
Contingent
—
Nov 7, 2023
Listed
$1,235,000
$1,843/sq ft
+12
It's VERY RARE that a property in this 4-original lot subdivision becomes available for purchase. Perched on the rim of historic and iconic Waipio Valley, with valley, Maui and ocean views forever, you'd understand why. .. .you just can't print more of them. Two CPR'd lots are included in the sale. Lot 1 contains a cozy, hideaway of a home with room for expansion under it. Lot 2 provides options to build another structure, leave the open space or to sell it off. This idyllic offering is a true piece of paradise. Enjoy sunny days in your lush tropical oasis and beautiful, peaceful evenings listening to the surf and gazing at the stars. INCLUDED in sale is vacant CPR lot 2 consisting of 17,424sf. Assessed land value for 2023 is $360,000 and current taxes are $3,996/yr. This lot is not ag dedicated. Information herein, while deemed reliable, may contain inaccuracies, & is provided without warranty/guarantee of any kind. Agents & Buyers are advised to engage qualified specialists to verify information they deem material or important to the purchase the property including, but not limited to, the condition, permits & square footages. In addition, some of the images contained in this listing may be an artist's impression of what the property "might" look like, including digital photo modification and/or digital furniture staging.
HI Information Service #275078
Oct 21, 2014
Sold
$360,000
$537/sq ft
Jul 15, 2014
Listed
$379,000
$566/sq ft
+15
A tastefully remodeled classic older home in great shape, great neighborhood. Old world Hawaii. Large kitchen, two small older bedrooms remodeled into one larger bedroom with walk in closet; back bedroom (no closet) used as office. Tastefully remodeled bathroom. Aged hard wood floors. Large front Deck offers big ocean views. The Large Yard - Fruit trees, and a fragrant Hawaiian Puakenikine Tree, a garden area, and space for much more - a possible second dwelling/garage/ or. .. ?Kukuihaele is, to some, the nicest area on the Big Island; ideal elevation; ideal weather; right above Mystical Waipio Valley; and minutes from "up and coming" Honokaa.
HI Information Service #257170
Aug 27, 2012
Listed
$265,000
$396/sq ft
HI Information Service #154976
Jul 6, 2005
Sold
$495,000
$739/sq ft
Apr 28, 2005
Listed
$489,000
$730/sq ft
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
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Year built
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Style
Vacant Land
County
Hawaii County
APN
—
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Aug 10, 2024.
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
Property details
Parking
Parking
Features: Covered
Interior
Bathroom Information
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Interior Features
Flooring: Carpet
Exterior
Building Information
Unpermitted Improvements YN: Yes
Land Information
Agriculture Dedicated YN: No
Lot Information
Land Tenure: Fee Simple
Lava Zone: 8
Zoning: RS-15
Property Information
Ownership: Full
Financial
Assessment
Assessed Value: $198,100
Tax Information
Annual Amount: $2,198.91
Tax Year: 2025
Lease Information
In Use As Short Term Vacation Rental: No
Utilities
Utility Information
Utilities: Electricity Available, Natural Gas Available
Sewer: Cesspool
Solid Waste Disposal: None
Location
Location Information
Roads: Paved
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Vacant Land
Year Built: —
Year Renovated: —
County: Hawaii County
APN: —
Home facts updated by county records on Aug 10, 2024
Around this home
Schools
Paauilo Elementary & Intermediate School
Public PreK-9 • Assigned • 1.9mi
7/10
Honokaa High & Intermediate School
Public 7-12 • Assigned • 4.4mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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
Honokaa, HI • 96727
Average low and high temperatures (°F)
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62
Jan
Feb
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Sun exposure
In this area, properties receive around 6.8 hours in
June and 5 hours in December, placing it below the
U.S. average for solar exposure.
6.8 hrs
5 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$262,000 – $318,000
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