Real Estate Investment Properties for Sale in Kamuela, HI

Looking for investment property in Kamuela, HI with high ROI ?

Explore a variety of short-term homes & houses in Kamuela, HI. Invest wisely with VRBO & Kamuela, HI Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Kamuela, HI

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
69-1648 Puako Beach Dr Kamuela, HI FANTASTIC PRICE REDUCTION!! Time to revisit this exceptional property! Inviting Puako ocea...	3 beds \| 3 baths \| 2,520 sq.ft.	$6,500,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.34% Airbnb Rental Income: $null Traditional Rental Income: $4431 Airbnb ROI: N/A Traditional ROI: -1.34%
Lehiwa St Kamuela, HI Lehiwa St, Kapaau, HI 96743 \| Other	N/A beds \| N/A baths \| N/A	$429,000	Airbnb cash on cash: 1.21% Traditional cash on cash: 1.19% Airbnb Rental Income: $1952 Traditional Rental Income: $1431 Airbnb ROI: 1.21% Traditional ROI: 1.19%
62-1320 Aho Pl Kamuela, HI Private, 5+ bedroom, 3.5 bathroom stream-front sanctuary. Nestled in the highly sought-af...	6 beds \| 3 baths \| 3,590 sq.ft.	$3,294,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.01% Airbnb Rental Income: $null Traditional Rental Income: $4255 Airbnb ROI: N/A Traditional ROI: 0.01%
Kohala Ranch Rd Kamuela, HI Kohala Ranch Rd, Kapaau, HI 96743 \| Other	N/A beds \| N/A baths \| N/A	$475,000	Airbnb cash on cash: 0.97% Traditional cash on cash: 0.96% Airbnb Rental Income: $1952 Traditional Rental Income: $1431 Airbnb ROI: 0.97% Traditional ROI: 0.96%
68-1375 Pauoa Rd #M4 Kamuela, HI 68-1375 Pauoa Rd #M4, Kamuela, HI 96743 \| Townhouse	2 beds \| 2 baths \| 2,189 sq.ft.	$1,749,000	Airbnb cash on cash: -1.97% Traditional cash on cash: -1.29% Airbnb Rental Income: $2962 Traditional Rental Income: $3389 Airbnb ROI: -1.97% Traditional ROI: -1.29%
59-217 Hokulele Dr Kamuela, HI Homes are rarely available in Kohala by the Sea! This large custom home boasts 4 bedrooms,...	4 beds \| 3 baths \| 2,224 sq.ft.	$2,325,000	Airbnb cash on cash: -0.44% Traditional cash on cash: 0.3% Airbnb Rental Income: $3134 Traditional Rental Income: $4004 Airbnb ROI: -0.44% Traditional ROI: 0.3%
59-240 Koaie Pl Kamuela, HI Finally, a more modern and newer constructed home on a superior lot in the Heathers of Koh...	4 beds \| 4 baths \| 3,515 sq.ft.	$3,500,000	Airbnb cash on cash: -0.58% Traditional cash on cash: 0.46% Airbnb Rental Income: $3134 Traditional Rental Income: $5780 Airbnb ROI: -0.58% Traditional ROI: 0.46%
59-110 Pakuikui Pl Kamuela, HI If you are looking for a luxury ocean home permitted as a vacation rental with proven inco...	3 beds \| 3 baths \| 2,680 sq.ft.	$5,275,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.7% Airbnb Rental Income: $null Traditional Rental Income: $4554 Airbnb ROI: N/A Traditional ROI: -0.7%
66-84 Kaunaoa Dr #B31 Kamuela, HI Aloha Kakahiaka! Wake up to the soothing sounds of the Pacific Ocean at the Hapuna Beach R...	3 beds \| 3 baths \| 2,259 sq.ft.	$5,751,000	Airbnb cash on cash: N/A Traditional cash on cash: -2.24% Airbnb Rental Income: $null Traditional Rental Income: $4348 Airbnb ROI: N/A Traditional ROI: -2.24%
66-84 Kaunaoa Dr #C32 Kamuela, HI INTRODUCING HAWAIIâS MOST EXTRAORDINARY BEACHFRONT RESIDENCES ON HAPUNA BEACH AT THE BEL...	2 beds \| 2 baths \| 1,510 sq.ft.	$4,475,000	Airbnb cash on cash: -2.07% Traditional cash on cash: -1.84% Airbnb Rental Income: $2962 Traditional Rental Income: $3232 Airbnb ROI: -2.07% Traditional ROI: -1.84%
62-3932 Lolii Pl #I1 Kamuela, HI THE BEST VALUE WITHIN THE MAUNA KEA REOSRT!<br><br>Kumulani at The Uplands at Mauna Kea I1...	2 beds \| 2 baths \| 1,375 sq.ft.	$1,800,000	Airbnb cash on cash: -1.62% Traditional cash on cash: -1.27% Airbnb Rental Income: $2962 Traditional Rental Income: $2862 Airbnb ROI: -1.62% Traditional ROI: -1.27%
64-550 Mamalahoa Hwy Kamuela, HI Unique 17.88 acres of green rolling pastures, backing up to large acreage and forest reser...	4 beds \| 3 baths \| 1,974 sq.ft.	$1,875,000	Airbnb cash on cash: 0.06% Traditional cash on cash: 1.33% Airbnb Rental Income: $3134 Traditional Rental Income: $4637 Airbnb ROI: 0.06% Traditional ROI: 1.33%
68-1118 North Kaniku Dr #101 Kamuela, HI Luxuriously appointed large 2 bedroom/2.5 bath unit at Kula'lani sold turnkey furnished. ...	2 beds \| 2 baths \| 1,868 sq.ft.	$1,650,000	Airbnb cash on cash: -1.08% Traditional cash on cash: -0.39% Airbnb Rental Income: $2962 Traditional Rental Income: $3326 Airbnb ROI: -1.08% Traditional ROI: -0.39%
68-1122 NA Ala Hele Rd #A22 Kamuela, HI Discover refined island living with this beautifully updated top floor condo located in Go...	2 beds \| 2 baths \| 1,460 sq.ft.	$1,349,000	Airbnb cash on cash: -1.42% Traditional cash on cash: -0.41% Airbnb Rental Income: $2962 Traditional Rental Income: $3552 Airbnb ROI: -1.42% Traditional ROI: -0.41%
62-3600 Amaui Pl #345 Kamuela, HI Waiulaula #345 is a quality Maryl built Villa that offers a great location situated on the...	3 beds \| 3 baths \| 2,517 sq.ft.	$3,650,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.18% Airbnb Rental Income: $null Traditional Rental Income: $4502 Airbnb ROI: N/A Traditional ROI: -1.18%
59-220 Maki Way Kamuela, HI This single-level 3 bedroom, 2-1/2 bath Kohala Ranch home sits sits on a 3 acre flag lot a...	3 beds \| 2 baths \| 2,194 sq.ft.	$2,100,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.62% Airbnb Rental Income: $null Traditional Rental Income: $4259 Airbnb ROI: N/A Traditional ROI: 0.62%
68-1125 N Kaniku Dr APT 140 Kamuela, HI	2 beds \| 2 baths \| N/A	$714,000	Airbnb cash on cash: 2.01% Traditional cash on cash: 1.85% Airbnb Rental Income: $2962 Traditional Rental Income: $2176 Airbnb ROI: 2.01% Traditional ROI: 1.85%
68-1122 NA Ala Hele Rd #H22 Kamuela, HI Welcome to H22 at Golf Villas at Mauna Lanai, a 2-bedroom, 2-bathroom condo with a loft of...	2 beds \| 2 baths \| 1,460 sq.ft.	$1,298,000	Airbnb cash on cash: -1.5% Traditional cash on cash: -0.46% Airbnb Rental Income: $2962 Traditional Rental Income: $3534 Airbnb ROI: -1.5% Traditional ROI: -0.46%
62-2258 Kanehoa St Kamuela, HI Welcome to this 3 bedroom / 2 bath with separate OHANA, air-conditioned home in the highly...	4 beds \| 3 baths \| 2,064 sq.ft.	$1,525,000	Airbnb cash on cash: -0.18% Traditional cash on cash: 1.13% Airbnb Rental Income: $3134 Traditional Rental Income: $4274 Airbnb ROI: -0.18% Traditional ROI: 1.13%
66-84 Kaunaoa Dr #C24 Kamuela, HI $1M+ Price Reduction for a quick sale!!!<br>Developed as luxury condominiums in 2019, Hapu...	2 beds \| 2 baths \| 1,548 sq.ft.	$5,500,000	Airbnb cash on cash: -2.22% Traditional cash on cash: -1.96% Airbnb Rental Income: $2962 Traditional Rental Income: $3587 Airbnb ROI: -2.22% Traditional ROI: -1.96%
65-1130 Ehiku Pl Kamuela, HI Hidden at the end of a private road in one of the most desirable neighborhoods in Waimea, ...	4 beds \| 3 baths \| 2,252 sq.ft.	$2,675,000	Airbnb cash on cash: -0.82% Traditional cash on cash: 0% Airbnb Rental Income: $3134 Traditional Rental Income: $4473 Airbnb ROI: -0.82% Traditional ROI: 0%
64-660 Puu Olu Pl Kamuela, HI Situated near the top in Waimea's lush Pu'u Nani subdivision, this spacious and versatile ...	3 beds \| 3 baths \| 2,479 sq.ft.	$849,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.64% Airbnb Rental Income: $null Traditional Rental Income: $4599 Airbnb ROI: N/A Traditional ROI: 3.64%
66-84 Kaunaoa Dr #C34 Kamuela, HI INTRODUCING HAWAIIâS MOST EXTRAORDINARY BEACHFRONT RESIDENCES ON HAPUNA BEACH AT THE BEL...	2 beds \| 2 baths \| 1,507 sq.ft.	$4,700,000	Airbnb cash on cash: -2.03% Traditional cash on cash: -1.81% Airbnb Rental Income: $2962 Traditional Rental Income: $3266 Airbnb ROI: -2.03% Traditional ROI: -1.81%
59-217 Lele Naia Dr Kamuela, HI Discover the Kohala Coast Gem You've Been Waiting For! Nestled within the prestigious Koha...	4 beds \| 3 baths \| 3,004 sq.ft.	$5,899,000	Airbnb cash on cash: -0.93% Traditional cash on cash: -0.28% Airbnb Rental Income: $3134 Traditional Rental Income: $5970 Airbnb ROI: -0.93% Traditional ROI: -0.28%
62-3600 Amaui Dr #330 Kamuela, HI A rare opportunity to purchase a Villa within Wai'ula'ula at Mauna Kea. These highly desir...	3 beds \| 3 baths \| 2,517 sq.ft.	$4,200,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.67% Airbnb Rental Income: $null Traditional Rental Income: $3185 Airbnb ROI: N/A Traditional ROI: -1.67%
67-1235 Koaliula Pl Kamuela, HI Welcome to the desirable and family-friendly Lualai subdivision in Waimea. This spacious 5...	5 beds \| 3 baths \| 1,786 sq.ft.	$1,200,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.94% Airbnb Rental Income: $null Traditional Rental Income: $4358 Airbnb ROI: N/A Traditional ROI: 1.94%
66-84 Kaunaoa Dr #C41 Kamuela, HI Exceptionally rare park-like beachfront setting with dramatic ocean & sunset views! Welcom...	3 beds \| 3 baths \| 2,031 sq.ft.	$5,125,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.92% Airbnb Rental Income: $null Traditional Rental Income: $4372 Airbnb ROI: N/A Traditional ROI: -1.92%
66-84 Kaunaoa Dr #C55 Kamuela, HI Built in 2019, Hapuna Beach Residences is one of the most coveted luxury beachfront commun...	2 beds \| 2 baths \| 1,447 sq.ft.	$4,750,000	Airbnb cash on cash: -2.29% Traditional cash on cash: -2.01% Airbnb Rental Income: $2962 Traditional Rental Income: $3507 Airbnb ROI: -2.29% Traditional ROI: -2.01%
62-3600 AMAUI PL unit: F102 #F102 Kamuela, HI Luxury Oceanview Condo on the Kohala Coast, Big Island of Hawai'i Wai'ula'ula at Mauna Kea...	3 beds \| 3 baths \| 2,082 sq.ft.	$2,750,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.33% Airbnb Rental Income: $null Traditional Rental Income: $4151 Airbnb ROI: N/A Traditional ROI: -1.33%
66-84 Kaunaoa Dr #A31 Kamuela, HI Developed as luxury condominiums in 2019, Hapuna Beach Residences at Mauna Kea Resort has ...	4 beds \| 4 baths \| 3,543 sq.ft.	$10,500,000	Airbnb cash on cash: -2.52% Traditional cash on cash: -2.28% Airbnb Rental Income: $3134 Traditional Rental Income: $4720 Airbnb ROI: -2.52% Traditional ROI: -2.28%
62-3740 Amaui Dr Kamuela, HI Brown Development is pleased to announce their first offering at Hapuna Estates. After mul...	6 beds \| 6 baths \| 4,999 sq.ft.	$13,500,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.05% Airbnb Rental Income: $null Traditional Rental Income: $5194 Airbnb ROI: N/A Traditional ROI: -1.05%
66-84 Kaunaoa Dr #B23 Kamuela, HI An extraordinary chance to own a direct oceanfront residence within the world-renowned Mau...	1 beds \| 1 baths \| 713 sq.ft.	$2,295,000	Airbnb cash on cash: -1.94% Traditional cash on cash: -1.84% Airbnb Rental Income: $2542 Traditional Rental Income: $2137 Airbnb ROI: -1.94% Traditional ROI: -1.84%
68-1118 N Kaniku Dr #2304 Kamuela, HI Welcome to Kulalani Haven, an exquisite 2-bedroom, 2.5-bathroom townhome nestled within th...	2 beds \| 2 baths \| 1,631 sq.ft.	$1,325,000	Airbnb cash on cash: -1.71% Traditional cash on cash: -1.52% Airbnb Rental Income: $2962 Traditional Rental Income: $2523 Airbnb ROI: -1.71% Traditional ROI: -1.52%
65-1220 Hokuula Rd Kamuela, HI Discover this expansive 4-bedroom, 2-bath home in the heart of Waimea, offering the perfec...	4 beds \| 2 baths \| 2,891 sq.ft.	$1,795,000	Airbnb cash on cash: -0.43% Traditional cash on cash: 0.08% Airbnb Rental Income: $3134 Traditional Rental Income: $3261 Airbnb ROI: -0.43% Traditional ROI: 0.08%
62-3600 Amaui Pl #417 Kamuela, HI This highly desirable single-family home/condo lives like a private home and comes with al...	4 beds \| 4 baths \| 3,389 sq.ft.	$5,450,000	Airbnb cash on cash: -1.58% Traditional cash on cash: -0.87% Airbnb Rental Income: $3134 Traditional Rental Income: $5977 Airbnb ROI: -1.58% Traditional ROI: -0.87%
68-1125 Kaniku Dr #706 Kamuela, HI Thank you for previewing my exceptionally well located Fairways at Mauna Lani Townhome lis...	2 beds \| 2 baths \| 1,289 sq.ft.	$1,197,000	Airbnb cash on cash: -1.48% Traditional cash on cash: -0.46% Airbnb Rental Income: $2962 Traditional Rental Income: $3418 Airbnb ROI: -1.48% Traditional ROI: -0.46%
64-5285 Puu Nanea St Kamuela, HI Step into this enchanting upcountry home, where the warm and welcoming ambiance immediatel...	3 beds \| 2 baths \| 1,822 sq.ft.	$920,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.03% Airbnb Rental Income: $null Traditional Rental Income: $3731 Airbnb ROI: N/A Traditional ROI: 3.03%
62-3459 Aloalii Pl Kamuela, HI Located behind the "Makai" oceanside gates of the exclusive Mauna Kea Resort, Fairways Nor...	4 beds \| 3 baths \| 3,668 sq.ft.	$5,895,000	Airbnb cash on cash: -1.7% Traditional cash on cash: -0.91% Airbnb Rental Income: $3134 Traditional Rental Income: $6771 Airbnb ROI: -1.7% Traditional ROI: -0.91%
68-1050 Mauna Lani Pt #J201 Kamuela, HI Mauna Lani Point J201 is a beautiful 1BR 1.5BATH unit on the Mauna Lani South Course with ...	1 beds \| 1 baths \| 984 sq.ft.	$1,450,000	Airbnb cash on cash: -2.54% Traditional cash on cash: -1.94% Airbnb Rental Income: $2542 Traditional Rental Income: $2730 Airbnb ROI: -2.54% Traditional ROI: -1.94%
62-3716 Amaui Dr Kamuela, HI Perched along the 7th hole of the Arnold Palmer-designed Hapuna Golf Course, Lot 1 offers ...	5 beds \| 4 baths \| 4,354 sq.ft.	$13,500,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.55% Airbnb Rental Income: $null Traditional Rental Income: $9917 Airbnb ROI: N/A Traditional ROI: -0.55%

Real Estate investment in Kamuela, HI

There are 130 properties for sale in the city of Kamuela . The median list price in Kamuela is $2,575,000 and the average price per square foot is $948. In January 2026, the average monthly cash on cash return in Kamuela is N/A%. The average monthly rental income in Kamuela is $3,755.

Kamuela, HI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 130 investment properties available for sale in Kamuela.

In 2026, the best neighborhood to buy investment property is Kamuela.

The ROI for Long-Term is higher than the Short-Term in Kamuela with average rental income of $3,755.

Your search for investment property begins and ends here

Investment Property for Sale in Kamuela, HI

69-1648 Puako Beach Dr

Kamuela, HI

3 beds | 3 baths | 2,520 sq.ft.

$6,500,000

Airbnb cash on cash: N/A

Traditional cash on cash: -1.34%

Airbnb Rental Income: $null

Traditional Rental Income: $4431

Airbnb ROI: N/A

Traditional ROI: -1.34%

Lehiwa St

Kamuela, HI

N/A beds | N/A baths | N/A

$429,000

Airbnb cash on cash: 1.21%

Traditional cash on cash: 1.19%

Airbnb Rental Income: $1952

Traditional Rental Income: $1431

Airbnb ROI: 1.21%

Traditional ROI: 1.19%

62-1320 Aho Pl

Kamuela, HI

6 beds | 3 baths | 3,590 sq.ft.

$3,294,000

Airbnb cash on cash: N/A

Traditional cash on cash: 0.01%

Airbnb Rental Income: $null

Traditional Rental Income: $4255

Airbnb ROI: N/A

Traditional ROI: 0.01%

Kohala Ranch Rd

Kamuela, HI

N/A beds | N/A baths | N/A

$475,000

Airbnb cash on cash: 0.97%

Traditional cash on cash: 0.96%

Airbnb Rental Income: $1952

Traditional Rental Income: $1431

Airbnb ROI: 0.97%

Traditional ROI: 0.96%

68-1375 Pauoa Rd #M4

Kamuela, HI

2 beds | 2 baths | 2,189 sq.ft.

$1,749,000

Airbnb cash on cash: -1.97%

Traditional cash on cash: -1.29%

Airbnb Rental Income: $2962

Traditional Rental Income: $3389

Airbnb ROI: -1.97%

Traditional ROI: -1.29%

59-217 Hokulele Dr

Kamuela, HI

4 beds | 3 baths | 2,224 sq.ft.

$2,325,000

Airbnb cash on cash: -0.44%

Traditional cash on cash: 0.3%

Airbnb Rental Income: $3134

Traditional Rental Income: $4004

Airbnb ROI: -0.44%

Traditional ROI: 0.3%

59-240 Koaie Pl

Kamuela, HI

4 beds | 4 baths | 3,515 sq.ft.

$3,500,000

Airbnb cash on cash: -0.58%

Traditional cash on cash: 0.46%

Airbnb Rental Income: $3134

Traditional Rental Income: $5780

Airbnb ROI: -0.58%

Traditional ROI: 0.46%

59-110 Pakuikui Pl

Kamuela, HI

3 beds | 3 baths | 2,680 sq.ft.

$5,275,000

Airbnb cash on cash: N/A

Traditional cash on cash: -0.7%

Airbnb Rental Income: $null

Traditional Rental Income: $4554

Airbnb ROI: N/A