Hana Hou Cottages

$685,000

  • MLS® #: 729152 Monthly Maintenance Fees $298
  • 65-1229-a Opelo Road 5
  • South Kohala, HI 96743

Hana Hou Cottages

$685,000

  • MLS® #: 729152 Monthly Maintenance Fees $298
  • 65-1229-a Opelo Road 5
  • South Kohala, HI 96743
2 Beds
1 Baths
1,064 Sqft
.27 Acres
1991
Year Built
  • HOA Fees Freq. Monthly
  • Monthly Maintenance Fees $298
  • Overview 2 Beds, 1 Bath, 1064 SQ. Feet, 0.27 Acres
  • Listing Type Residential
  • Office: COMPASS

One of the most unique properties available in Waimea, this dual-zoned unit offers exceptional flexibility for residential, professional, and investment use—all within one of the town's most desirable and central locations. Whether envisioned as a full-time residence, professional office, income-producing rental, or a combination of uses, the property's zoning creates opportunities rarely found in downtown Waimea. 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.

Essential Information

MLS® #729152
Price$685,000
Bedrooms2
Bathrooms1.00
Full Baths1
Square Footage1,064
Acres0.27
Year Built1991
TypeResidential
Sub-TypeSingle Family Residence
Land TenureFee Simple
StatusActive Under Contract
Assesed Value$397,000

Community Information

Address65-1229-a Opelo Road 5
SubdivisionWAIMEA HOMESTEADS
Building NameHana Hou Cottages
StateHI
Zip Code96743

Amenities

ParkingAssigned, Other
ViewGarden, Sunrise
Washer / DryerStacked Washer/Dryer

Interior

HeatingNone
CoolingNone

Appliances

Dishwasher, Disposal, Microwave, Range Hood, Washer/Dryer Stacked

Exterior

Lot DescriptionDead End, Interior Lot
FrontageOther

Additional Information

Date ListedJune 11th, 2026
Days on Market33
ZoningCV-7.5
HOA Fees Freq.Monthly
Monthly Maintenance Fees297.50
Description Land TenureFee Simple

Listing Details

OfficeCOMPASS

Property History

Status Changed from Active to Active Under Contract
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Quick Details

This Single Family Residence is priced at $685,000 and located at 65-1229-a Opelo Road 5, . With 2 Bedrooms and 1.00 Bathrooms, it offers a total of 1064 Square feet. This Residential was built in 1991 and its status is Active Under Contract. This property is represented by Rebecca J. Hirsch-keliihoomalu of COMPASS, Contact Number 8088951156.

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Listing information last updated on July 19th, 2026 at 8:31am HST.