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This is a leasehold property.Charming Custom-Built Cottage with Stunning Kealakekua Bay Views. Vintage Island Charm in the heart of Honaunau Valley. Step back into the golden era of Hawaii living with this adorable 1969 Hawaiian Style home, nestled in the heart of the valley. This 3 bedroom 2.5 bath residence captures true island nostalgia, blending classic character with relaxed, livable comfort. Set on a small, low-maintenance lot, the home enjoys refreshing breezes and a lovely ocean view that reminds you just how close you are to the sea. The classic layout offers inviting living spaces, perfect for slow mornings, family gatherings, or sunset Pau Hana moments. Surrounded by lush valley greenery and rich cultural history, this property offers a rare chance to lease for half the price of fee simple where life moves a little slower and the Aloha spirit feels real! Whether you're dreaming a full-time island home or a peaceful retreat, this sweet vintage gem is ready to welcome you home. This is not for everyone but is inexpensive compared to fee simple homes in this area. It needs to be a cash purchase and expect a long escrow approx. 6 months.

3 Beds ⋅ 2 Baths ⋅ 726695 MLS ⋅ ['Leasehold'] Tenure

This is a leasehold property.Charming Custom-Built Cottage with Stunning Kealakekua Bay Views. Vintage Island Charm in the heart of Honaunau Valley. Step back into the golden era of Hawaii living with this adorable 1969 Hawaiian Style home, nestled in the heart of the valley. This 3 bedroom 2.5 bath residence captures true island nostalgia, blending classic character with relaxed, livable comfort. Set on a small, low-maintenance lot, the home enjoys refreshing breezes and a lovely ocean view that reminds you just how close you are to the sea. The classic layout offers inviting living spaces, perfect for slow mornings, family gatherings, or sunset Pau Hana moments. Surrounded by lush valley greenery and rich cultural history, this property offers a rare chance to lease for half the price of fee simple where life moves a little slower and the Aloha spirit feels real! Whether you're dreaming a full-time island home or a peaceful retreat, this sweet vintage gem is ready to welcome you home. This is not for everyone but is inexpensive compared to fee simple homes in this area. It needs to be a cash purchase and expect a long escrow approx. 6 months.

84-5125 Hawaii Belt Rd, CAPTAIN COOK

Listing courtesy of eXp Realty.

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.