NOT LISTED FOR SALE

69-1548 Puako Beach Dr Kamuela, HI 96743

Estimated Value: $3,328,000

1.47 Acres
$2,263,946 Price per Acre
64,033 Sq Ft Lot

Last Sold July 15, 2021

Last sale price $4,913,668

Est. 32% decrease in value since last sale

Current estimated payment $20,903/month

8 Days on Market

Highlights

  • Beach Front
  • Stone Wall
  • Grass Covered Lot
  • Ocean View
  • Terraced Lot

About This Lot

As of July 2021

An exceptionally rare offering and once-in-a-lifetime opportunity to purchase 2 oceanfront lots of almost 1.5 acres together in the coveted One Puako Bay, a very small private enclave of Ultra-Luxury Oceanfront homes with no HOA dues.

Living well and on your terms is the ultimate luxury. If a beach & ocean lifestyle is next on your agenda, then you must book a tour of lots 2-D and 2-E in the incomparable One Puako Bay at the heart of Hawaii Island's Kohala Coast. Lot 2-E, TMK 3-6-9-2-36 is now offered together with 2-D, TMK 3-6-9-2-35 for a rare large format oceanfront parcel in the process of being un-subdivided. The ultimate location to build your private luxury beach home to enjoy with friends and family, or as a Vacation Rental, One Puako Bay is legally permissible by V-1.25 Zoning, a Hotel-Resort Zoned community.

Work from home? Or not - Relax and let the days unfold and run together. Hmm what to do? Join your neighbors for dawn patrol. Wake up and jump in the ocean for a swim, SUP, canoe or surf session. Walk along the beach, go tide pooling. Grab your bike & head over to the Puako General Store for provisions. The sleepy & charming beach community of Puako features outstanding snorkeling, scuba diving & whale watching during whale season. Puako is also a gateway to the most alluring Resorts like the Auberge Mauna Lani, Fairmont Orchid & Mauna Kea Resort with World Class amenities, dining, golf, shopping & the best beaches in the state.

Sold as a contiguous parcel of nearly 1.5 Acres, these lots are almost 5 times larger than the average Puako lot & not in a flood zone like most of Puako, providing further value & costs savings in construction & insurance. The privilege to acquire these oceanfront lots offer a rare opportunity for an incomparable, uncomplicated and simpler oceanfront and beach lifestyle.

See you at One Puako Bay once in a precious lifetime...

Last Agent to Sell the Property

Karen Ferrara, MBA

COMPASS Brokerage Phone: 8088830094 License #RS-72752 Listed on: 05/10/2021

Last Buyer's Agent

Karen Ferrara, MBA

COMPASS Brokerage Phone: 8088830094 License #RS-72752 Listed on: 05/10/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $51,697

Lot Details

  • Beach Front
  • Property fronts a county road
  • Stone Wall
  • Terraced Lot
  • Grass Covered Lot
  • Property is zoned V-1.25

Property Views

  • Ocean
  • Coastline
  • Bay

Utilities

  • Underground Utilities
  • Sewer Not Available
  • Private Sewer

Community Details

  • Puako Beach Lots Subdivision

Listing and Financial Details

  • Tax Lot 2-D & 2-E
  • Assessor Parcel Number 3690020360000

Property Details

Property Type

Land

Est. Annual Taxes

$51,697

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub-Type: HIS Vacant Land
  • Reso Fencing: Stone
  • Road Frontage Type: HIS Almost Oceanfront, HIS Sandy Beach
  • ResoLotFeatures: Grassy
  • Attribution Contact: 8088830094
  • Co List Office Phone: 8083785447
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: PUAKO BEACH LOTS
  • Tax Year: 2020
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Private Contractor
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Topography: Terraced
  • View: Bay, HIS Coastline, Ocean, Ocean Horizon
  • Waterfront: No
  • Roads: County, Paved

Utilities

  • Cooling: Cash
  • Sewer: None
  • Utilities: Electricity Available, Underground Utilities

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: V-1.25
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3690020360000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 51697.0
  • Tax Lot: 2-D & 2-E

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2021
Closed on
Jul 9, 2021
Sold by
Puako View Llc
Bought by
Jake Puako Holdings Llc
Seller's Agent
Karen Ferrara, MBA
COMPASS
Buyer's Agent
Karen Ferrara, MBA
COMPASS
List Price
$5,500,000
Sold Price
$4,913,668
Premium/Discount to List
-$586,332
-10.66%
Current Estimated Value
$3,328,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,585,668
Avg. Annual Appreciation
-9.04%

Purchase Details

Listed on
Jul 29, 2019
Closed on
Feb 24, 2021
Sold by
One Puako Bay Associates Llc
Bought by
Puako View Llc
Seller's Agent
Tomoko Matsumoto
Hapuna Realty
Buyer's Agent
Karen Ferrara, MBA
COMPASS
List Price
$2,495,000
Sold Price
$2,495,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
524.45%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jake Puako Holdings Llc $4,913,668 Tg
Puako View Llc $4,790,000 Tg
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2021 07/15/21 Sold $4,913,668 +96.9% --
05/30/2021 05/30/21 Off Market $2,495,000 -- --
05/18/2021 05/18/21 Pending -- -- --
05/10/2021 05/10/21 For Sale $5,500,000 +120.4% --
03/01/2021 03/01/21 Sold $2,495,000 0.0% --
12/31/2020 12/31/20 Pending -- -- --
07/29/2019 07/29/19 For Sale $2,495,000 -- --
Source: Hawaii Information Service (MLS Hawaii)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $33,243 $3,092,700 $3,092,700 --
2024 $33,243 $2,812,000 $2,812,000 --
2023 $39,469 $3,269,800 $3,269,800 $0
2022 $29,207 $2,515,200 $2,515,200 $0
2021 $28,803 $2,485,500 $2,485,500 $0
2020 $25,804 $2,265,000 $2,265,000 $0
2019 $25,033 $2,255,200 $2,255,200 $0
2018 $24,612 $2,130,900 $2,130,900 $0
2017 $18,611 $1,611,300 $1,611,300 $0
2016 $17,483 $1,611,300 $1,611,300 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Karen Ferrara, MBA

    COMPASS

    (808) 883-0094

    43 Total Sales

    Karen Ferrara, MBA
    Section Image
  • Tomoko Matsumoto

    Seller's Agent in 2021

    Tomoko Matsumoto

    Hapuna Realty

    (808) 557-8689

    137 Total Sales

    Tomoko Matsumoto
    Section Image
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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 649504

Hawaii Information Service (MLS Hawaii)

APN: 3-6-9-002-036-0000

Hawaii Hawaii County Kamuela 96743

69-1548 Puako Beach Dr, Kamuela, HI

This home is located at 69-1548 Puako Beach Dr, Kamuela, HI 96743 since 10 May 2021 and is currently estimated at $3,328,000. 69-1548 Puako Beach Dr is a home located in Hawaii County with nearby schools including Waikoloa Elementary/Middle School and Kealakehe High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hawaii Information Service (MLS Hawaii) Copyright 2025 MLS Hawaii, Inc. All rights reserved.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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