15-899 Punawai Ave, PAHOA, HI 96778

Property Description

TWO HOMES - HUGE PRICE IMPROVEMENT. A rare legal ohana opportunity in the Hawaiian Shores oceanside community—featuring two fully permitted homes on an expansive @19,000 sq. ft. lot. Ideally positioned on a quiet, low-traffic section of Punawai Avenue in the upper (mauka) portion of the subdivision, this property offers both privacy and convenience. Enjoy being just minutes (approx. 7-minute drive) from Pāhoa Village for shopping, dining, and everyday essentials, as well as Waiakahiʻula Beach Park for oceanfront recreation. The property is equipped with piped water (no catchment), high-speed internet, and mail delivery, plus paved, county-maintained roads. No HOA or CC&Rs provide added flexibility. The front home offers 3 bedrooms, 2 full baths, vaulted ceilings, and 1,140 sq. ft. of living space. The second home features 2 bedrooms, 1 full bath, and 864 sq. ft. of living space. Both homes have covered carports of 400 sq. ft. Meticulously maintained, fully fenced, and gated, the property also includes separate water and electric meters for each home—ideal for multi-generational living or rental income. Whether you're seeking a flexible living arrangement or a strong investment opportunity, this unique two-home property delivers.