Big Island Homes under $500,000

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Newest Big Island Homes under $500,000

$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..

$330,000

3 Beds ⋅ 2 Baths ⋅ 733699 MLS ⋅ ['Fee Simple'] Tenure

Why Rent when you can Own your own home!!!! Here is your opportunity to Purchase a 3-bedroom, 2-bath home with a 2-car garage and for an added bonus, the property is fully fenced for your added security. Also, the back boundary of the property is adjacent to the State Forest Reserve. This home is Prefect for the 1st Time Homeowner!!! Don't let this opportunity pass you by!!!! The Ainaloa Subdivision is located between the Historic Towns of Keaau and Pahoa, which offers Gas Stations, Pharmacy, Eateries, Schools, Shopping and More. Pahoa also has a Public Swimming Pool for your daily exercise. Discover the hidden secrets that the lower Puna has to offer, you'll be happily surprised.

16-2385 Ainaloa Dr, PAHOA

Listing courtesy of Century 21 Homefinders of Hawaii.

$365,000

4 Beds ⋅ 2 Baths ⋅ 733799 MLS ⋅ ['Fee Simple'] Tenure

Whether you are looking for room to grow or space for a multi-generational family, this home delivers unmatched opportunity with 2432 square feet of living space! Spacious and uniquely designed, this 4-bedroom, 2-bathroom home combines spacious comfort with striking architectural character. Three of the generously sized bedrooms are equipped with individual AC units and sleek, mirrored sliding closet doors, with one bedroom offering a private separate entrance. At the heart of the home sits its most captivating feature: a dramatic, sunken living room anchored by a custom lava rock accent wall, creating an incredibly cozy oasis for entertaining guests. Expansive picture windows flood the living room and dining area with beautiful natural light, as soaring vaulted ceilings enhance the home's grand, open ambiance. The very large private backyard is fully fenced with numerous mature fruit bearing trees including coconut, Ulu, avocado and lemon. A large storage or workshop area is located behind the carport. What makes this property truly unique is its generous square footage, both indoors and out!

15-807 Kahakai Blvd, PAHOA

Listing courtesy of Hilo Bay Realty LLC.

$339,000

3 Beds ⋅ 2 Baths ⋅ 733618 MLS ⋅ ['Fee Simple'] Tenure

Space, privacy, and a full acre in Mountain View—all at an approachable price point. Welcome to 18-3839 S. Kulani Road, a 3-bedroom, 2-bath home offering approximately 1,592 square feet of living space on a full acre in Mountain View Gardens. The property offers the kind of space that is increasingly hard to find, with room to enjoy both indoor and outdoor island living. The established yard features a variety of mature fruit-producing plants and trees, including citrus, banana, and persimmon, creating a setting with plenty of potential for gardening, homesteading, or simply enjoying your own piece of Hawaiʻi Island. Inside, the generous floor plan provides flexibility for everyday living, working from home, hobbies, or hosting family and guests. Outside, the expansive one-acre parcel provides additional breathing room and possibilities for a buyer looking for more than a typical residential lot. Located along Kulani Road, the property offers a peaceful Mountain View setting while maintaining convenient access toward Hilo for shopping, dining, schools, medical services, and other everyday necessities. Whether you're looking for a primary residence, a Hawaiʻi Island retreat, or a property with land to make your own, this home combines 1,592 square feet of living space, a full acre, established fruit trees, and an accessible $339,000 price point. Come see the space, setting, and potential of 18-3839 S. Kulani Road.

18-3839 Off S. Kulani Rd, MOUNTAIN VIEW

Listing courtesy of Hawaii Development Group.

92-1486 Princess Kaiulani Blvd, OCEAN VIEW

$427,000

3 Beds ⋅ 2 Baths ⋅ 733399 MLS ⋅ ['Fee Simple'] Tenure

Welcome to your serene retreat in lower Hawaiian Ocean View Estates! Situated on a fully usable 1-acre parcel, this move-in-ready 3-bedroom, 2-bathroom home perfectly balances peaceful, secluded living with everyday convenience - just minutes from the local amenities of HOVE, including local shops, restaurants, gas station, and grocery store. Step inside to an airy, light-filled layout accented by soaring open-beam cathedral ceilings, custom 'Ōhi'a post accents, and beautiful red Eucalyptus hardwood floors. The spacious kitchen features generous counter space and a large pantry. Large windows throughout the home frame lush, vibrant foliage, and mature landscape views, creating a tranquil sanctuary that brings the natural beauty of the island indoors. The split floor plan offers maximum privacy, placing the primary suite opposite the two guest rooms. All bedrooms offer access to the lanai from sliding glass doors. In addition to the three bedrooms, there is a fourth room that would make an excellent office or den. From the living room, French doors lead out to an expansive lanai where you can start your mornings taking in sunrises and unwind in the evenings. Cross the custom bridge walkway from the kitchen to a charming private gazebo - ideal for outdoor dining, entertaining, or simply relaxing in complete privacy. Outside, the partially fenced property feels like a private park setting, with tropical flowers, coconut palms, and orchids. Low-maintenance gravel landscaping eliminates the need for mowing. Additional features include a massive, covered area under the home with abundant room for a workshop and storage, a lower laundry area, a gated entry, a ~10,000-gallon catchment system with filtration, and a septic system. An extraordinary blend of quiet sanctuary, natural lush beauty, and unbeatable location convenience!

92-1486 Princess Kaiulani Blvd, OCEAN VIEW

Listing courtesy of Coldwell Banker Island Properties - Kona.

$299,000

2 Beds ⋅ 1 Baths ⋅ 733884 MLS ⋅ ['Fee Simple'] Tenure

AFFORDABLE 2 BEDROOM/1 BATH HOME ON PAVED & COUNTY MAINTAINED HAUMALU STREET! PACIFIC PARADISE MOUNTAIN VEIW MANOR SUBDIVISION! MOVE-IN READY! This home features 2 bedrooms, 1 full bath, with an open floor plan incorporating the kitchen, dining, living room, and covered outdoor patio. Granite counter tops, wood cabinets, laminate Bamboo wood floors throughout, and tiled floors in the bath. Located in Pacific Paradise Mountain View Manor Subdivision, which has paved roads, and is just a few minutes away from Kea'au Town and Shopping Center (Foodland, Longs Drug Store, Shell Gas Station, McDonald's, Pizza Hut, Ace Hardware, Health Food Store, Various Restaurants, Credit Union, Post Office, Police Department, & Fire Department). 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.

18-4084 Haumalu St, MOUNTAIN VIEW

Listing courtesy of Ah Chong Realty, LLC.

$159,000

3 Beds ⋅ 2 Baths ⋅ 733790 MLS ⋅ ['Fee Simple'] Tenure

Bring your vision to this 3 bedroom, 2 bath fixer upper in Hawaiian Parks Subdivision. In need of repairs and updating, this home offers an opportunity to renovate to your taste and bring new life to the property. Whether you’re looking for your next renovation project or a home you can make your own, there is potential here for a buyer ready to put in the work. Property is being sold AS IS. Come explore the possibilities and imagine what your improvements could bring. Information herein deemed reliable but not guaranteed. Buyer and buyers agent to do their own due diligence on all pertinent facts.

15-2728 Opae St, PAHOA

Listing courtesy of Better Homes and Gardens Real Estate Hank Correa Realty.

$405,000

3 Beds ⋅ 2 Baths ⋅ 733247 MLS ⋅ ['Fee Simple'] Tenure

Welcome to this brand-new, single-story, single-family home in Royal Hawaiian Estates offering comfortable and efficient island living. The thoughtfully designed split-bedroom floor plan places the primary suite on one side of the home, complete with a spacious walk-in closet featuring built-in shelving and an ensuite bathroom with dual sinks and a walk-in shower. Two additional bedrooms and a full bathroom are located on the opposite side of the home for added privacy and functionality. The open living area and kitchen are complemented by stainless steel appliances, custom cabinetry with soft-close doors and drawers, upgraded fixtures and hardware, and a custom accent wall that adds a distinctive touch to the interior. A 2 car carport with laundry area provides everyday convenience. Enjoy the peaceful surroundings while remaining conveniently located near the amenities of Volcano Village, Mountain View, and Keaʻau. Volcano Village offers local dining, coffee, galleries, Volcano Winery, and access to the natural beauty of Hawaiʻi Volcanoes National Park. Mountain View and Keaʻau provide additional shopping, services, dining, and everyday necessities. A thoughtfully designed new home offering modern finishes, functional living spaces, and the opportunity to enjoy a peaceful island lifestyle with convenient access to surrounding communities. Click on the video icon or copy and paste https://show.tours/v/t9nCmTZ

11-3105 Pa Alii St, VOLCANO

Listing courtesy of Hokulani Realty LLC.

$420,000

3 Beds ⋅ 2 Baths ⋅ 733845 MLS ⋅ ['Fee Simple'] Tenure

CONVENIENT LOCATION IN THE HEART OF HILO! Welcome to this hale in Hilo, where island living meets everyday convenience. Located in a highly desired neighborhood that is just minutes from downtown, schools, shopping, restaurants, parks, beaches, County and State offices, police & fire stations, banks, credit unions, and more! Buyer and buyers agent to perform their own due diligence. Please add 'As Is' addendum with offer. No survey or staking. The information herein is deemed accurate, but may contain inaccuracies and is provided without warranty or guaranty of any kind. Buyer(s) & Buyer's Agent(s) must independently verify any info they deem material or important to their purchase. Please use Luke Tyler K. Taniguchi @ TG. TeamLuke@tghawaii.com

28 Hiluhilu St, HILO

Listing courtesy of At Home Hawaii.

$335,000

2 Beds ⋅ 2 Baths ⋅ 733679 MLS ⋅ ['Fee Simple'] Tenure

Welcome to this brand-new 2-bedroom, 2-bath home in Tiki Gardens Subdivision, offering 1,008 sq. ft. of comfortable living space. The open-concept living and kitchen area features vaulted ceilings, durable vinyl flooring, stainless steel appliances, and French doors that open to a spacious lanai—perfect for relaxing or entertaining. Both bedrooms offer nice-sized living space, with the primary bedroom featuring a private ensuite bathroom and a closet with built-in shelving. A guest bathroom and convenient indoor laundry area with a stackable washer and dryer add to the home's functionality. Situated on a corner lot and fully fenced, this home offers modern construction, practical living space, and a great outdoor area in a growing subdivision. Copy and paste https://show.tours/v/qLhg8cG or click the video icon.

16-2033 Tiki Rd, KURTISTOWN

Listing courtesy of Hokulani Realty LLC.

$450,000

3 Beds ⋅ 2 Baths ⋅ 733547 MLS ⋅ ['Fee Simple'] Tenure

Immerse yourself in cool upland living with this light-filled 3-bedroom, 2-bath retreat in the desirable Volcano Golf & Country Club subdivision, moments from Hawaiʻi Volcanoes National Park. Designed for comfortable everyday living and effortless hosting, the open-concept floor plan showcases vaulted ceilings, generous natural light, ceramic tile counters, and a dedicated indoor laundry room. Koa floors. The spacious screened lanai extends your living area outdoors—an ideal vantage point for morning coffee, evening gatherings, and tons of native birds among mature ʻōhiʻa lehua blossoms. The rear of the property directly borders expansive subdivision green space, offering exceptional privacy, natural buffer, and prime common-area access. **Property & Location Highlights** * **Active Island Lifestyle:** close to the scenic Volcano Golf Course and endless hiking trails throughout Hawaiʻi Volcanoes National Park. * **Neighborhood Amenities:** Convenient proximity to Kīlauea Military Camp (KMC) facilities, including dining, general store, bowling, post office, and community services. * **Village Charm:** Just minutes to Volcano Village restaurants, bakeries, farmer's markets, and art galleries. Move-in ready upland sanctuary offering quiet privacy and immediate access to the best outdoor recreation on the island.

99-1889 Pukeawe Circle, VOLCANO

Listing courtesy of eXp Realty.

$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.

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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.