65-1229-A OPELO ROAD #5 Kamuela, HI 96743

UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,064 sqft
Price per Sqft $643
Subdivision Waimea Homesteads
MLS Listing ID 729152
Bedrooms 2
Full Baths 1
HOA Fees $297/mo
HOA Y/N Yes
Year Built 1991
Annual Tax Amount $4,247
Tax Year 2025
Lot Size 0.270 Acres
Property Sub-Type Single Family Residence
Source Hawaii Information Service
Land Area 11764
Property Description
Currently operating as a medical office, the property provides immediate rental income while preserving future options for owner occupancy, business use, or continued rental investment. The approximately 1,060-square-foot interior includes two bedrooms, one full bathroom, a kitchen, and a comfortable living area, allowing seamless transition between residential and commercial applications.
Further enhancing its value, this is one of only two units in the building with deeded parking rights. The property also benefits from professional on-site HOA management. Unlike four of the six downstairs office units, which are restricted to daytime office use and lack kitchens and bathrooms, this unit is fully equipped for residential occupancy, making it uniquely versatile within the complex.
Ideally situated in the center of Waimea, the property is just steps from popular dining and gathering destinations including Merriman's Waimea, Pau Pizza, Taco Rosa, Arvo Café, Surf Camp, and Moa Kitchen. Shopping, schools, farmers markets, and daily conveniences are all within easy walking distance.
Combining dual zoning, deeded parking, residential amenities, established rental income, and an unbeatable in-town location, this property represents a rare opportunity to live, work, invest—or enjoy all three—in the very heart of Waimea.
Showings are available on weekends only until the current tenant vacates in approximately August 2026.
Location
State HI
County Hawaii Island (big Island)
Community Waimea Homesteads
Area Hi
Building/Complex Name Hana Hou Cottages
Zoning CV-7.5
Region South Kohala
City Region South Kohala
Interior
Heating None
Cooling None
Appliance Dishwasher, Disposal, Microwave, Range Hood, Washer/Dryer Stacked
Exterior
Parking Features Assigned, Other
Utilities Available Cable Available, Electricity Available, Phone Available, Underground Utilities
View Y/N Yes
View Garden, Sunrise
Topography Level
Garage No
Private Pool No
Building
Lot Description Dead End, Interior Lot
Story 2
Unit Features End Unit,Even Number Unit
Entry Level Two
Sewer Septic Tank
Others
Ownership CPR
Monthly Total Fees $297
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Fee Simple, Standard





