Big Island Homes under $300,000

Big Island Homes under $300,000

Welcome to the enchanting Big Island of Hawaii, a paradise where breathtaking landscapes meet vibrant culture. As the largest island in the Hawaiian archipelago, the Big Island boasts an incredible diversity of natural wonders, from lush rainforests and cascading waterfalls to volcanic craters and pristine beaches. Its rich history and warm, welcoming communities make it a perfect place to call home.

If you’re looking to invest in a slice of this tropical paradise without breaking the bank, you’ll be delighted to discover that there are homes available for under $300,000. These affordable properties offer a unique opportunity to experience the island lifestyle, whether you’re seeking a cozy retreat or a charming starter home. Imagine waking up to the sound of waves crashing on the shore or the sight of majestic mountains in your backyard—all while enjoying the benefits of island living.

Many of these homes are located in thriving communities, providing easy access to local amenities, schools, and outdoor activities. Whether you’re drawn to the vibrant town of Hilo, the sunny shores of Kailua-Kona, or the serene landscapes of Waimea, there’s something for everyone on the Big Island.

Embrace the opportunity to live in a place where the spirit of Aloha is felt in every corner. With homes under $300,000, your dream of island living is more attainable than ever. Explore your options today and take the first step towards your Big Island adventure!

Newest Big Island Homes under $300,000

92-1435 Aloha Blvd, OCEAN VIEW
$230,000
4 Beds ⋅ 2 Baths ⋅ 733910 MLS ⋅ ['Fee Simple'] Tenure
*NEW ROOF! Discover exceptional flexibility and value on this 1-acre Ocean View property, featuring a permitted 4-bedroom, 2-bath home with strong multi-generational or rental potential! Built in 2008, the 1,518 sq. ft. home offers two identical living spaces—a full first floor and full second floor, each with the same layout, separate exterior entrances, and no interior connection. Perfect for extended ʻohana (family), guests, or rental opportunities. The upper level includes a spacious lanai with sweeping ocean views, ideal for relaxing and enjoying the beautiful Hawaiian scenery. In addition to the main home, the property includes three 10' x 12' outbuildings, offering storage, workshop space, or creative-use potential. There's also a massive 800 sq. ft. quonset-style greenhouse, ready for gardening, homesteading, or hobby projects. Infrastructure is a standout: Overhead HELCO power Two septic systems 10,000-gallon catchment tank Laminate wood flooring throughout the main home Two driveways—one leading to the main house at the back of the lot, and another serving two of the outbuildings along with a large graded pad. The home requires some TLC and is priced accordingly. Conveniently located close to the highway, essential amenities are just a short drive away, including gas stations, grocery stores, shopping centers, a hardware store, propane/rentals, local restaurants, a Post Office, and an auto parts store. If you're looking for space, versatility, and the opportunity to add value through improvements, this Ocean View property is well worth a look.

92-1435 Aloha Blvd, OCEAN VIEW

Listing courtesy of H. Mc Kee Realty, Inc..

92-1577 Keaka Pkwy, OCEAN VIEW
$300,000
4 Beds ⋅ 3 Baths ⋅ 733860 MLS ⋅ ['Fee Simple'] Tenure
OCEAN and SUNSET VIEWS are A MUST SEE from the Extra Large Lanai! Partially remodeled Permitted 4 BR 2 1/2 BA including an Ohana unit with a private/separate entrance. Great for multi generational families or potential rental income. This permitted residence is located on 1 acre towards the back of the property for more privacy. The circular driveway is convenient surrounded by gorgeous landscaping including Palm trees, Banana, Dragonfruit, Malabar chestnut, Plumerias, Soursop, Passion Fruit (Lilikoi), Mango, Avocado, Papaya, Loquat Shrubs, & Flowers. Plenty of space to grow a garden, raise chickens, goats or whatever your heart desires. Residence needs some cosmetic upgrades and is priced accordingly and currently the lowest price for the square footage in the area. Kahuku County Park is within walking distance with a children's playground, Basketball Court, Pickleball Court, and covered Pavilion with Picnic Tables to enjoy your weekends. Recent 9/2026 upgrades include: Brand New Windows installed Brand New Catchment cover on this Super Large 21,000 gallon Catchment Tank Brand New Kitchen Cupboards Brand New Kitchen Countertop Brand New Kitchen Sink and Kitchen Faucet Brand New Primary Bathroom Toilet and Vanity with New Faucet Brand New Main Bathroom Large Shower Surround, Toilet and Vanity with New Faucet Brand New Outdoor Door Frames and New Door Knobs Brand New Laminate Flooring throughout Brand New Mop Board in most rooms Water pressure checked The Open Floor plan is inviting and filled with natural light. The attached lanai is large enough to entertain your friends and family for a nice BBQ or reinforce the lanai to add a hot tub to gaze at the amazing stars and milky way in the evening. Hawaiian Ocean View Estates HOVE is close to Historic Naalehu and Punalu'u Beach with Black sand and protected turtles/Honu playing in the ocean and often resting on the beach.

92-1577 Keaka Pkwy, OCEAN VIEW

Listing courtesy of Hilo Bay Realty LLC.

88-1554 Eono Avenue, CAPTAIN COOK
$223,333
1 Baths ⋅ 733198 MLS ⋅ ['Fee Simple'] Tenure
NEWER COTTAGE WITH OCEAN VIEWS IN MILOLI'I BEACH LOTS SUBDIVISION! Built in 2022, this permitted cottage comes fully furnished, making moving in a breeze! Whether you make this your primary residence, or just a place to get away and relax, you'll find that this property is suitable for both! The spacious cottage features painted cement floors for durability, beautiful Pine wood ceilings, wood cabinets, block-wood counters in kitchen, gas range/oven, refrigerator, microwave, stainless-steel sink, a full bath with bidet toilet, and an on-demand gas water heater. Wall-mounted TV receives reception/channels via antenna. The separate 10 X 12 enclosed shed adds flexibility on how it can be utilized. The 20-foot storage container is negotiable. Property has gravel and cinder for easy maintenance and is completely fenced in. According to the County of Hawaii Planning Department, because the subdivision was created prior to State Land Use (1976) the Planning Department would allow a “single family dwelling” and a “first farm dwelling” to be built without needing an additional farm dwelling agreement. Please confirm this directly with the Planning Department if your intent is to build another structure on the property. Miloliʻi Beach Lots is an oceanside residential subdivision located near the ancient fishing village of Miloliʻi, which is historically renowned as Hawaiʻi's "last living traditional fishing village." If you like fishing and/or enjoying the the outdoors, this may be the perfect fit! Although information provided herein is believed to be correct, Buyer and Buyer's Agent to conduct their own due diligence. Buyers and their agents urged to verify any information they deem material or important to their decision to purchase this property.

88-1554 Eono Avenue, CAPTAIN COOK

Listing courtesy of Ah Chong Realty, LLC.

14-3298 Pualaa Rd, PAHOA
$285,000
2 Beds ⋅ 2 Baths ⋅ 733533 MLS ⋅ ['Fee Simple'] Tenure
Opportunity in Pāhoa on approximately half an acre! This fully furnished 2-bedroom, 1.5-bath, permitted home offers 1,208 square feet of living space on a fairly level, fully fenced half acre lot surrounded by a lush tropical landscape. Adding even more versatility is a detached 232-square-foot building currently used as an office, providing additional space with possibilities for a studio, hobby room, workshop, storage, or other uses. The property features an established tropical landscape with mature avocado trees, banana, citrus and coconut, along with sweet potato, giving you a head start on enjoying homegrown food right from the property. Built in 1951, the main home offers plenty of character along with an opportunity for a new owner to make it their own. The half-acre setting provides room for gardening, pets, outdoor living, and enjoying the privacy and space that this property offers. Practical features include all furnishings, tools, county water, solar/photovoltaic power(leased/pre-paid) with overhead electric, covered parking, paved-road access, and no CC&Rs. For buyers looking for a compellingly priced Big Island property with land, additional usable space, and established food-producing plants, this property offers plenty of potential. Whether you're searching for a primary residence, Hawaiʻi getaway, or a property to personalize over time, this one is worth a closer look. Property is located in Lava Zone 1.

14-3298 Pualaa Rd, PAHOA

Listing courtesy of KW Big Island.

13-1341 Malama St, PAHOA
$270,000
2 Beds ⋅ 4 Baths ⋅ 731728 MLS ⋅ ['Fee Simple'] Tenure
Discover privacy, flexibility, and value in upper Leilani Estates with these two side-by-side one-acre parcels being sold together, with no HOA. The first acre features an approximately 750 sq. ft. studio home with a full kitchen, bathroom, living and sleeping areas, plus an indoor stacked washer/dryer and covered front lanai. An attached container provides additional storage, while a 10,000-gallon catchment tank with UV water filtration supplies water. The home is connected to the electric grid and has high-speed internet. Two additional structures expand the possibilities. A cozy one-bedroom-plus-office cabin features a solar system, regular electric, and high-speed internet, making it a potential rental, guest space, or additional living area. A former carport has been converted into a basic studio-style living space with sleeping and kitchen areas, plus a detached bathroom with outdoor shower. Attached container storage adds even more utility and creates a flexible space for your needs. Enjoy an established variety of tropical fruit trees, including acerola cherry, mango, orange, cacao, banana, avocado, papaya, soursop, lemon, and lime. The adjoining one-acre parcel, included in the sale, adds even more potential, with a driveway, dozed building pad, and truckloads of red cinder already added to help get your next project started. Both properties are gated, with the main property having an electric gate opener and security system installed. Conveniently located on the East side of the Big Island between Pāhoa and Lower Puna's black sand beaches, geothermal hot ponds, and popular local venues, these properties offers a rare combination of privacy, versatility, and opportunity. Information is deemed reliable but not guaranteed. Buyers and their agents are advised to conduct their own due diligence regarding the MLS information, permitted status, property condition, utilities, and all other aspects of the properties.

13-1341 Malama St, PAHOA

Listing courtesy of Hilo Bay Realty LLC.

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Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.