15-2761 Maiko St · Hawaiian Beaches, HI 96778

$264,000

2 bd · 2.0 ba · 1,056 sqft · SingleFamily public records · 126 Days on market

Built 1980 0.28 ac lot $250/sqft · 8% above area Est $267k · at est.

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Why this score? — see what drove the F grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +8.4/30.0
• ARV discount +8.0/15.0
• Schools +3.7/10.0
• Livability +2.8/5.0
• 1% rule +2.6/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• DSCR +2.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

NO HOAs, BOAT SIZED CARPORT, OHANA. .. what more could you ask for? Welcome home…This private, well-laid-out property offers a 2-bed/1-bath main home plus a separate ohana/cottage- perfect for visiting family, a home office, or an art studio. The 2-bed/1-bath main home sits back from the road with lush landscaping creating a nice sense of privacy. An attached oversized two-car carport leads you into an open-concept kitchen and living area with plenty of space to spread out. There’s also a built-in ʻōhiʻa bar at the back of the living room- ideal for casual entertaining. The primary bedroom is generously sized and includes direct access to the updated bathroom, complete with double sinks and a full tub/shower combo. The second bedroom is also spacious and located toward the back of the home for added privacy. Just off the main living space, a screened-in lanai adds flexible indoor-outdoor living and has a door leading to the fenced yard- great for a dog or simply keeping the outdoor space contained. And then there’s the highlight: a separate ohana/cottage set toward the back portion of the lot. Currently set up as a studio with lanais on both sides, it’s designed to soak up the tropical weather from every angle. Inside you’ll find a spacious main room with a kitchenette area (sink + refrigerator), plus a bathroom with a sink and toilet. Outside, an outdoor shower with privacy walls gives you that resort-style rinse-off after beach days (or just because you can). Whether you envision a guest suite, home office, art studio, or potential rental space, this additional dwelling opens up so many possibilities. Located in Hawaiian Shores, you’ll enjoy private water and mail delivery right to your home. The ocean is just minutes down the hill, with a nearby beach park for sunsets and seasonal whale watching. You’re also conveniently close to Pahoa for shopping and dining, with everyday essentials nearby, and approximately 30 minutes to Hilo.

Key facts

• Boat sized carport
• Fenced yard
• Outdoor shower

Tags

• BOAT SIZED CARPORT
• SEPARATE OHANA COTTAGE
• SCREENED IN LANAI
• FENCED YARD
• OUTDOOR SHOWER
• PRIVATE WATER DELIVERY

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $264k.

Deal economics

• At list price, monthly cash flow is $-238 ($-3k/yr) — negative.
• To cash-flow at today's rent, offer at most $230k (13.0% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $201k (23.9% below list).
• Recommended offer: $201k (23.9% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 55/100 on livability (#128 in HI) — a working-class tenant base; expect higher turnover. Strengths: housing B; Watch: health & safety C-, amenities F, commute F.
• Hawaii Department Of Education (suburban): math 32% / reading 50% proficiency, ranked #1 of 1 in HI (top 100%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Keonepoko Elementary School (math 8% / reading 24%, grade F, #169 of 183 statewide, top 93%, 562 students, 75% FRL); Pahoa High & Intermediate School (math 17% / reading 42%, grade F, #35 of 43 statewide, top 86%, 723 students, 74% FRL) — zoned schools average 75% FRL vs 39% district-wide (36 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 23% at this address vs 41% district-wide (-18 pts) — the specific schools serving this property underperform the Hawaii Department Of Education average; the district grade overstates school quality for this exact location.
• Market conditions: 388 active listings in the ZIP; 982 units permitted in Hawaii County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
• Hawaii County population projected at +24% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 126 days — a 12% lower offer ($232k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 20y ago; this cycle's ask has dropped $25k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $198k; 33% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Recommended offer $200,824 (23.9% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 126 days. Have you received any prior offers? Is the seller open to a 24% concession, seller financing, or rate buy-down credit?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.76% ✗
• Cap rate: 5.21%
• Cash-on-cash: -3.86%
• DSCR: 0.83
• GRM: 11.0

CMA / ARV

• ARV (median comp): $267,002
• List price: $264,000
• Delta: -1.12%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
15-457 Anae St	0.17mi	2/2.0	925 (-12%)	1mo	$295,000	$319	71
15-2785 Manini St	0.31mi	3/2.0 (+1)	1,056 (0%)	15mo	$215,000	$204	68
15-2687 Kawakawa St	0.51mi	3/1.5 (+1)	1,008 (-4%)	17mo	$116,500	$116	47

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -22.8%
• Equity multiple: 0.22×
• Total profit: $-57,903
• Equity at exit: $39,363

10-year hold

• IRR: -17.1%
• Equity multiple: 0.06×
• Total profit: $-69,811
• Equity at exit: $22,826

Cash invested: $73,920 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 37 Tenant-Leaning
• State Hawaii: 37 Tenant-Leaning · D+13
• County: — inherits STATE
• City: — inherits STATE

Honolulu has source-of-income protections; warranty of habitability strong.

Methodology + full state rankings →

ZIP-level market 96778

• Home prices YoY: -15.3%
• Active inventory: 388
• Price-to-rent: 11.0×

Monthly cashflow live

• Estimated rent: $2,008 medium
• Mortgage (P&I): −$1,384
• Tax est. 1.5%: −$330 /mo · $3,960/yr
• Insurance: −$110
• HOA: −$0
• Vacancy / Maint / Mgmt: −$422
• Net cashflow: $-238

Break-even live

Break-even rent $2,309

Max offer price $229,570

Occupancy floor —

Sensitivity live

Price	-10% $-55	-5% $-147	+0% $-238	+5% $-329	+10% $-420
Rent	-10% $-397	-5% $-317	+0% $-238	+5% $-159	+10% $-79
Rate	-1.0pp $-105	-0.5pp $-171	base $-238	+0.5pp $-306	+1.0pp $-376

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $66,000
• Closing costs: $7,920
• Reserves months: —
• Total cash needed: —

Listing history 19 events

1. 2026-06-05
   days on market $264,000 Active 126 DOM
2. 2026-06-03
   days on market $264,000 Active 125 DOM
3. 2026-06-02
   days on market $264,000 Active 124 DOM
4. 2026-06-01
   days on market $264,000 Active 123 DOM
5. 2026-05-31
   days on market $264,000 Active 122 DOM
6. 2026-05-20
   price $264,000 2009-char remark

   Show marketing remark (2009 chars)

   NO HOAs, BOAT SIZED CARPORT, OHANA. .. what more could you ask for? Welcome home…This private, well-laid-out property offers a 2-bed/1-bath main home plus a separate ohana/cottage- perfect for visiting family, a home office, or an art studio. The 2-bed/1-bath main home sits back from the road with lush landscaping creating a nice sense of privacy. An attached oversized two-car carport leads you into an open-concept kitchen and living area with plenty of space to spread out. There’s also a built-in ʻōhiʻa bar at the back of the living room- ideal for casual entertaining. The primary bedroom is generously sized and includes direct access to the updated bathroom, complete with double sinks and a full tub/shower combo. The second bedroom is also spacious and located toward the back of the home for added privacy. Just off the main living space, a screened-in lanai adds flexible indoor-outdoor living and has a door leading to the fenced yard- great for a dog or simply keeping the outdoor space contained. And then there’s the highlight: a separate ohana/cottage set toward the back portion of the lot. Currently set up as a studio with lanais on both sides, it’s designed to soak up the tropical weather from every angle. Inside you’ll find a spacious main room with a kitchenette area (sink + refrigerator), plus a bathroom with a sink and toilet. Outside, an outdoor shower with privacy walls gives you that resort-style rinse-off after beach days (or just because you can). Whether you envision a guest suite, home office, art studio, or potential rental space, this additional dwelling opens up so many possibilities. Located in Hawaiian Shores, you’ll enjoy private water and mail delivery right to your home. The ocean is just minutes down the hill, with a nearby beach park for sunsets and seasonal whale watching. You’re also conveniently close to Pahoa for shopping and dining, with everyday essentials nearby, and approximately 30 minutes to Hilo.

7. 2026-05-07
   price $269,000 2009-char remark

   Show marketing remark (2009 chars)

   NO HOAs, BOAT SIZED CARPORT, OHANA. .. what more could you ask for? Welcome home…This private, well-laid-out property offers a 2-bed/1-bath main home plus a separate ohana/cottage- perfect for visiting family, a home office, or an art studio. The 2-bed/1-bath main home sits back from the road with lush landscaping creating a nice sense of privacy. An attached oversized two-car carport leads you into an open-concept kitchen and living area with plenty of space to spread out. There’s also a built-in ʻōhiʻa bar at the back of the living room- ideal for casual entertaining. The primary bedroom is generously sized and includes direct access to the updated bathroom, complete with double sinks and a full tub/shower combo. The second bedroom is also spacious and located toward the back of the home for added privacy. Just off the main living space, a screened-in lanai adds flexible indoor-outdoor living and has a door leading to the fenced yard- great for a dog or simply keeping the outdoor space contained. And then there’s the highlight: a separate ohana/cottage set toward the back portion of the lot. Currently set up as a studio with lanais on both sides, it’s designed to soak up the tropical weather from every angle. Inside you’ll find a spacious main room with a kitchenette area (sink + refrigerator), plus a bathroom with a sink and toilet. Outside, an outdoor shower with privacy walls gives you that resort-style rinse-off after beach days (or just because you can). Whether you envision a guest suite, home office, art studio, or potential rental space, this additional dwelling opens up so many possibilities. Located in Hawaiian Shores, you’ll enjoy private water and mail delivery right to your home. The ocean is just minutes down the hill, with a nearby beach park for sunsets and seasonal whale watching. You’re also conveniently close to Pahoa for shopping and dining, with everyday essentials nearby, and approximately 30 minutes to Hilo.

8. 2026-03-25
   price $279,000 2009-char remark

   Show marketing remark (2009 chars)

   NO HOAs, BOAT SIZED CARPORT, OHANA. .. what more could you ask for? Welcome home…This private, well-laid-out property offers a 2-bed/1-bath main home plus a separate ohana/cottage- perfect for visiting family, a home office, or an art studio. The 2-bed/1-bath main home sits back from the road with lush landscaping creating a nice sense of privacy. An attached oversized two-car carport leads you into an open-concept kitchen and living area with plenty of space to spread out. There’s also a built-in ʻōhiʻa bar at the back of the living room- ideal for casual entertaining. The primary bedroom is generously sized and includes direct access to the updated bathroom, complete with double sinks and a full tub/shower combo. The second bedroom is also spacious and located toward the back of the home for added privacy. Just off the main living space, a screened-in lanai adds flexible indoor-outdoor living and has a door leading to the fenced yard- great for a dog or simply keeping the outdoor space contained. And then there’s the highlight: a separate ohana/cottage set toward the back portion of the lot. Currently set up as a studio with lanais on both sides, it’s designed to soak up the tropical weather from every angle. Inside you’ll find a spacious main room with a kitchenette area (sink + refrigerator), plus a bathroom with a sink and toilet. Outside, an outdoor shower with privacy walls gives you that resort-style rinse-off after beach days (or just because you can). Whether you envision a guest suite, home office, art studio, or potential rental space, this additional dwelling opens up so many possibilities. Located in Hawaiian Shores, you’ll enjoy private water and mail delivery right to your home. The ocean is just minutes down the hill, with a nearby beach park for sunsets and seasonal whale watching. You’re also conveniently close to Pahoa for shopping and dining, with everyday essentials nearby, and approximately 30 minutes to Hilo.

9. 2026-01-19
   listed $289,000 Active 2009-char remark

   Show marketing remark (2009 chars)

   NO HOAs, BOAT SIZED CARPORT, OHANA. .. what more could you ask for? Welcome home…This private, well-laid-out property offers a 2-bed/1-bath main home plus a separate ohana/cottage- perfect for visiting family, a home office, or an art studio. The 2-bed/1-bath main home sits back from the road with lush landscaping creating a nice sense of privacy. An attached oversized two-car carport leads you into an open-concept kitchen and living area with plenty of space to spread out. There’s also a built-in ʻōhiʻa bar at the back of the living room- ideal for casual entertaining. The primary bedroom is generously sized and includes direct access to the updated bathroom, complete with double sinks and a full tub/shower combo. The second bedroom is also spacious and located toward the back of the home for added privacy. Just off the main living space, a screened-in lanai adds flexible indoor-outdoor living and has a door leading to the fenced yard- great for a dog or simply keeping the outdoor space contained. And then there’s the highlight: a separate ohana/cottage set toward the back portion of the lot. Currently set up as a studio with lanais on both sides, it’s designed to soak up the tropical weather from every angle. Inside you’ll find a spacious main room with a kitchenette area (sink + refrigerator), plus a bathroom with a sink and toilet. Outside, an outdoor shower with privacy walls gives you that resort-style rinse-off after beach days (or just because you can). Whether you envision a guest suite, home office, art studio, or potential rental space, this additional dwelling opens up so many possibilities. Located in Hawaiian Shores, you’ll enjoy private water and mail delivery right to your home. The ocean is just minutes down the hill, with a nearby beach park for sunsets and seasonal whale watching. You’re also conveniently close to Pahoa for shopping and dining, with everyday essentials nearby, and approximately 30 minutes to Hilo.

10. 2018-04-13
    soldstatus $198,000 Sold 1777-char remark

    Show marketing remark (1777 chars)

    Welcome to your own Big Island paradise. This 2 bedroom 1 bath home includes a bonus Ohana (or cottage) behind it for family and friends to visit or to make into your own office or art studio. The main home is tucked privately into the jungle with lush tropical plants and trees surrounding it. Their is a two car carport attached to the front and you will walk in to an open concept kitchen and living area with plenty of space. An ohia bar has been attached in the back of the living area for entertaining your friends and family Hawaiian-style. The master bedroom is large and has it's own private door into the updated restroom with double sinks and a full bathtub with shower. The additional room is also large and towards the back of the home for privacy. A bonus screened in lanai (porch area) is off of the main living space and has it's own door to the fenced in yard, perfect for a dog. There is also an additional Ohana on the back section of this lot. It is set up as a studio with a lanai on both sides to take full advantage of our beautiful tropical weather. Their is a large room with a kitchenette set up on one side including a sink and refrigerator. The bathroom has a sink and toilet and outside is an outdoor shower with privacy walls. This would make a perfect suite for family or friends or even work as a rental unit. Located in Hawaiian Shores Subdivision, there is mail delivery and private water. The ocean is minutes down the hill and there is a large grassy beach park to whale watch when in season. This home is also close to Pahoa for restaurants and shopping along with being close to surfing at Pohoiki, snorkeling at Kapoho Tidepools or enjoying Kehena Beach, the Champagne Pond or Warm Ponds. Enjoy Hawaii as it is meant to be enjoyed! Aloha!

11. 2018-03-23
    historical Contingent 1777-char remark

    Show marketing remark (1777 chars)

    Welcome to your own Big Island paradise. This 2 bedroom 1 bath home includes a bonus Ohana (or cottage) behind it for family and friends to visit or to make into your own office or art studio. The main home is tucked privately into the jungle with lush tropical plants and trees surrounding it. Their is a two car carport attached to the front and you will walk in to an open concept kitchen and living area with plenty of space. An ohia bar has been attached in the back of the living area for entertaining your friends and family Hawaiian-style. The master bedroom is large and has it's own private door into the updated restroom with double sinks and a full bathtub with shower. The additional room is also large and towards the back of the home for privacy. A bonus screened in lanai (porch area) is off of the main living space and has it's own door to the fenced in yard, perfect for a dog. There is also an additional Ohana on the back section of this lot. It is set up as a studio with a lanai on both sides to take full advantage of our beautiful tropical weather. Their is a large room with a kitchenette set up on one side including a sink and refrigerator. The bathroom has a sink and toilet and outside is an outdoor shower with privacy walls. This would make a perfect suite for family or friends or even work as a rental unit. Located in Hawaiian Shores Subdivision, there is mail delivery and private water. The ocean is minutes down the hill and there is a large grassy beach park to whale watch when in season. This home is also close to Pahoa for restaurants and shopping along with being close to surfing at Pohoiki, snorkeling at Kapoho Tidepools or enjoying Kehena Beach, the Champagne Pond or Warm Ponds. Enjoy Hawaii as it is meant to be enjoyed! Aloha!

12. 2018-03-07
    status Active 1777-char remark

    Show marketing remark (1777 chars)

    Welcome to your own Big Island paradise. This 2 bedroom 1 bath home includes a bonus Ohana (or cottage) behind it for family and friends to visit or to make into your own office or art studio. The main home is tucked privately into the jungle with lush tropical plants and trees surrounding it. Their is a two car carport attached to the front and you will walk in to an open concept kitchen and living area with plenty of space. An ohia bar has been attached in the back of the living area for entertaining your friends and family Hawaiian-style. The master bedroom is large and has it's own private door into the updated restroom with double sinks and a full bathtub with shower. The additional room is also large and towards the back of the home for privacy. A bonus screened in lanai (porch area) is off of the main living space and has it's own door to the fenced in yard, perfect for a dog. There is also an additional Ohana on the back section of this lot. It is set up as a studio with a lanai on both sides to take full advantage of our beautiful tropical weather. Their is a large room with a kitchenette set up on one side including a sink and refrigerator. The bathroom has a sink and toilet and outside is an outdoor shower with privacy walls. This would make a perfect suite for family or friends or even work as a rental unit. Located in Hawaiian Shores Subdivision, there is mail delivery and private water. The ocean is minutes down the hill and there is a large grassy beach park to whale watch when in season. This home is also close to Pahoa for restaurants and shopping along with being close to surfing at Pohoiki, snorkeling at Kapoho Tidepools or enjoying Kehena Beach, the Champagne Pond or Warm Ponds. Enjoy Hawaii as it is meant to be enjoyed! Aloha!

13. 2018-02-22
    historical Contingent 1777-char remark

    Show marketing remark (1777 chars)

    Welcome to your own Big Island paradise. This 2 bedroom 1 bath home includes a bonus Ohana (or cottage) behind it for family and friends to visit or to make into your own office or art studio. The main home is tucked privately into the jungle with lush tropical plants and trees surrounding it. Their is a two car carport attached to the front and you will walk in to an open concept kitchen and living area with plenty of space. An ohia bar has been attached in the back of the living area for entertaining your friends and family Hawaiian-style. The master bedroom is large and has it's own private door into the updated restroom with double sinks and a full bathtub with shower. The additional room is also large and towards the back of the home for privacy. A bonus screened in lanai (porch area) is off of the main living space and has it's own door to the fenced in yard, perfect for a dog. There is also an additional Ohana on the back section of this lot. It is set up as a studio with a lanai on both sides to take full advantage of our beautiful tropical weather. Their is a large room with a kitchenette set up on one side including a sink and refrigerator. The bathroom has a sink and toilet and outside is an outdoor shower with privacy walls. This would make a perfect suite for family or friends or even work as a rental unit. Located in Hawaiian Shores Subdivision, there is mail delivery and private water. The ocean is minutes down the hill and there is a large grassy beach park to whale watch when in season. This home is also close to Pahoa for restaurants and shopping along with being close to surfing at Pohoiki, snorkeling at Kapoho Tidepools or enjoying Kehena Beach, the Champagne Pond or Warm Ponds. Enjoy Hawaii as it is meant to be enjoyed! Aloha!

14. 2018-02-16
    price $209,000 1777-char remark

    Show marketing remark (1777 chars)

    Welcome to your own Big Island paradise. This 2 bedroom 1 bath home includes a bonus Ohana (or cottage) behind it for family and friends to visit or to make into your own office or art studio. The main home is tucked privately into the jungle with lush tropical plants and trees surrounding it. Their is a two car carport attached to the front and you will walk in to an open concept kitchen and living area with plenty of space. An ohia bar has been attached in the back of the living area for entertaining your friends and family Hawaiian-style. The master bedroom is large and has it's own private door into the updated restroom with double sinks and a full bathtub with shower. The additional room is also large and towards the back of the home for privacy. A bonus screened in lanai (porch area) is off of the main living space and has it's own door to the fenced in yard, perfect for a dog. There is also an additional Ohana on the back section of this lot. It is set up as a studio with a lanai on both sides to take full advantage of our beautiful tropical weather. Their is a large room with a kitchenette set up on one side including a sink and refrigerator. The bathroom has a sink and toilet and outside is an outdoor shower with privacy walls. This would make a perfect suite for family or friends or even work as a rental unit. Located in Hawaiian Shores Subdivision, there is mail delivery and private water. The ocean is minutes down the hill and there is a large grassy beach park to whale watch when in season. This home is also close to Pahoa for restaurants and shopping along with being close to surfing at Pohoiki, snorkeling at Kapoho Tidepools or enjoying Kehena Beach, the Champagne Pond or Warm Ponds. Enjoy Hawaii as it is meant to be enjoyed! Aloha!

15. 2017-10-11
    listed $225,000 Active 1777-char remark

    Show marketing remark (1777 chars)

    Welcome to your own Big Island paradise. This 2 bedroom 1 bath home includes a bonus Ohana (or cottage) behind it for family and friends to visit or to make into your own office or art studio. The main home is tucked privately into the jungle with lush tropical plants and trees surrounding it. Their is a two car carport attached to the front and you will walk in to an open concept kitchen and living area with plenty of space. An ohia bar has been attached in the back of the living area for entertaining your friends and family Hawaiian-style. The master bedroom is large and has it's own private door into the updated restroom with double sinks and a full bathtub with shower. The additional room is also large and towards the back of the home for privacy. A bonus screened in lanai (porch area) is off of the main living space and has it's own door to the fenced in yard, perfect for a dog. There is also an additional Ohana on the back section of this lot. It is set up as a studio with a lanai on both sides to take full advantage of our beautiful tropical weather. Their is a large room with a kitchenette set up on one side including a sink and refrigerator. The bathroom has a sink and toilet and outside is an outdoor shower with privacy walls. This would make a perfect suite for family or friends or even work as a rental unit. Located in Hawaiian Shores Subdivision, there is mail delivery and private water. The ocean is minutes down the hill and there is a large grassy beach park to whale watch when in season. This home is also close to Pahoa for restaurants and shopping along with being close to surfing at Pohoiki, snorkeling at Kapoho Tidepools or enjoying Kehena Beach, the Champagne Pond or Warm Ponds. Enjoy Hawaii as it is meant to be enjoyed! Aloha!

16. 2006-03-31
    soldstatus $161,000
17. 2006-03-31
    soldstatus $161,000
18. 2006-02-09
    listed $150,000
19. 1977-10-01
    soldstatus $8,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🫁 Air quality 1/10 Low

Taxation est. · year 1

• Rental income: $24,099
• − Mortgage interest: −$14,788
• − Property taxes: −$3,960
• − Insurance: −$1,320
• − Repairs & maintenance: −$1,928
• − Management: −$1,928
• − Depreciation: −$7,680
• Taxable loss: −$7,505
• Est. tax savings @ 24.0%: +$1,801
• After-tax cash flow: $-1,054/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Hawaii Department Of Education
• NCES district ID: 1500030
• Math proficiency: 32% ▼ -10.00%
• Reading proficiency: 50% ▼ -3.00%
• Median HH income: $69,005
• Composite: 37.07/100
• National rank: #4504
• State rank: #1 of 1 in HI

Livability — Hawaiian Beaches

• Score: 55/100
• State rank: #128
• US rank: #23148

Category grades

Amenities F Commute F Cost of living D- Crime B- Employment D- Housing B Health & safety C- User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Hawaiian Beaches, HI
• Population (ZIP): 14,225

Population outlook (Hawaii County) Hauer SSP2

• Today (2025): 220,733 people
• By 2030: 232,156 · +5.2%
• By 2040: 252,486 · +14.4%
• By 2050: 272,703 · +23.5%
• By 2075: 332,113 · +50.5%
• By 2100: 398,342 · +80.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Highly diverse neighborhood (Simpson 0.82)
• Race & ethnicity: White 37% Two or more races 30% Hispanic / Latino 15% Pacific Islander 15% Asian 12%
• Hispanic origin (detail): Mexican 4% Puerto Rican 9%
• Common ancestry: Russian 7% Italian 3% Romanian 3%
• Foreign-born: 12% · Canada, Vietnam
• Languages at home: 77% English-only · Other Asian/Pacific 11% Tagalog/Filipino 1% Russian/Polish/Slavic 1%

Political lean MEDSL · Hawaii

• 2024 margin: Strong D (+28.3) · D 63.0% · R 34.7% · Other 2.3%
• 2008→2024 swing: -25.4pp toward R · 2008: 53.7pp · 2024: 28.3pp
• All cycles: 2024: D+28.3 2020: D+36.2 2016: D+36.6 2012: D+51.3 2008: D+53.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -31.52%
• Current HPI: 173.8168
• Rent YoY: —
• Metro: —
• State GDP YoY: —
• F500 in state: 0

Price history

+3200.0% since first listed

14 events — show timeline

• 2026-05-20 Price Changed $264,000 HI Information Service
• 2026-05-07 Price Changed $269,000 HI Information Service
• 2026-03-25 Price Changed $279,000 HI Information Service
• 2026-01-19 Listed $289,000 HI Information Service
• 2018-04-13 Sold (MLS) $198,000 HI Information Service
• 2018-03-23 Contingent — HI Information Service
• 2018-03-07 Relisted — HI Information Service
• 2018-02-22 Contingent — HI Information Service
• 2018-02-16 Price Changed $209,000 HI Information Service
• 2017-10-11 Listed $225,000 HI Information Service
• 2006-03-31 Sold (MLS) $161,000 HI Information Service
• 2006-03-31 Sold (Public Records) $161,000 Public Records
• 2006-02-09 Listed $150,000 HI Information Service
• 1977-10-01 Sold (Public Records) $8,000 Public Records

Property tax history

-6.8%/yr

Latest (2025): $431 · +6.9% YoY. Source: county tax records.