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15-2056 32nd Ave, 
Keaau, HI 96749

$509,000


2

Beds


3

Baths


1,056

Sq Ft


Single Family

Active

Listed by

Jared C Gates

Big Island Homes & Land Co., Ltd.

808-935-6874

Last updated:

July 20, 2025, 11:27 AM

MLS#

715404

Source:

HI HIS

About This Home

15-2056 32nd Ave

Aloha and Welcome to this rare opportunity in Hawaiian Paradise Park, complete with an active, transferable Short-Term Vacation Rental (STVR) license in place for both homes!

Nestled on a lush, mature property filled with swaying palm trees, landscaped gardens, vibrant hibiscus flowers, and tropical bamboo, this idyllic setting also includes fruit-bearing papaya trees and lilikoi plants for an authentic Hawaiian experience. With two renovated and permitted homes, the opportunities abound.

Currently operating as a successful vacation rental business, this property generates a gross income of approximately $6,000 per month.

The larger home, built in 2002, is a good sized one bedroom, one-bathroom with an office offering approximately 672 square feet. The studio, a permitted 382 square-foot one-bedroom, one-bathroom retreat, was recently renovated in 2023 to include a fully updated kitchenette and bathroom crafted by Jay’s Custom Cabinets. Designed for relaxation and privacy, the studio also boasts a peaceful back deck with dual freestanding bathtubs to soak away any stress.

Located on 32nd Ave., a quiet dead-end road off Makuu Drive, the property is both convenient and private. Fully fenced in, it offers a secure and tranquil atmosphere for guests or residents alike.

With high-speed internet, beautiful landscaping, and all the amenities needed for a modern tropical getaway, this property is an exceptional investment opportunity in Hawaiian Paradise Park, an area with high demand for vacation rentals due to limited hotel accommodations in Puna.

Embrace island living or seize a lucrative investment – the possibilities are endless!

Home Facts

Single Family

3 Baths

2 Bedrooms

Built in 2002

Price Summary

509,000

$482 per Sq. Ft.

MLS #:

715404

Last Updated:

July 20, 2025, 11:27 AM

Added:

8 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

2

Interior

Living Area:

1,056 Sq. Ft.


Structure

Structure

Building Area:

1,056 Sq. Ft.

Year Built:

2002


Lot

Lot Size (Sq. Ft):

43,560


Finances & Disclosures

Finances

Price:

$509,000

Price per Sq. Ft:

$482 per Sq. Ft.

Source:HI HIS
Listing information © 2021 MLS Hawaii, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants or the MLS from liability.

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Contact an Agent

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.