15-899 PUNAWAI AVE, PAHOA, HI 96778
Legal Ohana Opportunity in Hawaiian Shores
Listing Provided by: Hilo Bay Realty LLC
MLS #: 725072
MLS #: 725072
Description
A rare legal ohana opportunity in the Hawaiian Shores oceanside community—featuring two fully permitted homes on an expansive @19,000 sq. ft. lot. Ideally positioned on a quiet, low-traffic section of Punawai Avenue in the upper (mauka) portion of the subdivision, this property offers both privacy and convenience. Enjoy being just minutes (approx. 7-minute drive) from Pāhoa Village for shopping, dining, and everyday essentials, as well as Waiakahiʻula Beach Park for oceanfront recreation. The property is equipped with piped water (no catchment), high-speed internet, and mail delivery, plus paved, county-maintained roads. No HOA or CC&Rs provide added flexibility. The front home offers 3 bedrooms, 2 full baths, vaulted ceilings, and 1,140 sq. ft. of living space. The second home features 2 bedrooms, 1 full bath, and 864 sq. ft. of living space. Both homes have covered carports of 400 sq. ft. Meticulously maintained, fully fenced, and gated, the property also includes separate water and electric meters for each home—ideal for multi-generational living or rental income. Whether you're seeking a flexible living arrangement or a strong investment opportunity, this unique two-home property delivers.
Property Details
Price: $449,000
Sold Price:
Address: 15-899 PUNAWAI AVE, PAHOA, HI 96778
Ownership: Full
Status: Active
Category: Residential
Type:
Sold Price:
Address: 15-899 PUNAWAI AVE, PAHOA, HI 96778
Ownership: Full
Status: Active
Category: Residential
Type:
Total Bedrooms: 5
Total Bathrooms: 3
Full Baths: 3
Living Area: 1,968 Square Feet
Listed by: Hilo Bay Realty LLC
Year Built: 1991
Levels:
Year Built: 1991
Levels:
Features and Amenities
Interior Features:
Exterior Features:
View:
Pool:
Pool Features:
Appliances:
Fireplace Features:
Flooring: Carpet
Security:
Laundry:
Fireplace Features:
Flooring: Carpet
Security:
Laundry:
Garage Spaces:
Carport Spaces:
Parking Features: Attached, Covered
Additional Structures:
Home Warranty:
Carport Spaces:
Parking Features: Attached, Covered
Additional Structures:
Home Warranty:
Community Information
Project Name:
Subdivision Name: HAWAIIAN SHORES SUBDIVISION
Association Fee: $0 Monthly
Subdivision Name: HAWAIIAN SHORES SUBDIVISION
Association Fee: $0 Monthly
Stories:
Year Established:
Year Established:
Lava Zone: 2
Flood Zone: X
Flood Zone: X
Land Information
Lot Size: 18,900 Square Feet
Waterfront:
Land Lease Rent:
Lease Type:
Land Tenure: Fee Simple
Waterfront:
Land Lease Rent:
Lease Type:
Land Tenure: Fee Simple
Lot Features:
Frontage Type:
Roads: County, Paved
Roads Frontage Type:
Frontage Type:
Roads: County, Paved
Roads Frontage Type:
Zoning: A-1A
Horse Amenities:
Horse Amenities:
Additional Details
Assessed Tax Value: $278,100
Annual Tax: $1,655
Tax Year: 2025
Tax Lot: 38
Tax Block:
Utilities: Cable Available, Electricity Available, Phone Available
Cooling:
Heating:
Sewer: Cesspool
Water: Private
Solid Waste Disposal: None
Cooling:
Heating:
Sewer: Cesspool
Water: Private
Solid Waste Disposal: None
First Listed December 16, 2025, 7:35 am
Last Updated March 27, 2026, 5:47 pm
Listing Conditions: Fee Simple, Standard
Property Condition:
Financial Info Available:
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