The North Kohala Real Estate Update for Q4 is for the beautiful area located at the northern tip of the Big Island of Hawaii. It is home to the two small towns of Hawi and Kapa’au, 
with Hawi being most famous for the bicycle turnaround point of the annual Ironman World Championship held each October. Its charming downtown area contains many small shops, and restaurants, including the famous Bamboo Restaurant.
The other small town, Kapa’au also contains a downtown area with small shops and cafes and is home to the original King Kamehameha I Statue. A little farther south down the coast is where the gated, upscale communities of Kohala Ranch, Kohala By-the-Sea and Kohala Waterfront are located.
North Kohala contains miles of pastoral, 
undeveloped land, as well as a variety of beautiful homes, from small plantation homes to large estates, many with stunning ocean views. The southern end of North Kohala is where the gated communities of Kohala Ranch are found, containing many luxury homes on large lots and stunning, panoramic ocean views, as well as many large lots where you can build your own Hawaiian Dream Home.
View all Homes for Sale in the North Kohala area. Instantly find out what your Kohala Coast Home is worth.
The North Kohala Real Estate Update reveals that at time of this writing (Feb 20th), there were 17 single-family homes for sale and 14 homes in escrow in North Kohala, with 57 land lots on the market, with 2 lots in escrow. There are no condos located in North Kohala, there are no statistics for that market segment.
Of the homes for sale, the highest priced one is listed at $7,490,000 and is located at 56-102 Old Coast Guard Rd in Hawi. The highest priced land lot on the market is a 63-acre lot at 59-3010 Kailani Pl in 
Kohala Kai and is listed at $28,000,000. At the other end of the spectrum, the lowest priced home on the market is located at 53-3449 Akoni Pule Hwy in Kapa’au, and is listed at $625,000, while the lowest priced land for sale is a 3.26-acre lot at 59-207 Lehiwa St in Kohala Ranch and is listed at $285,000.
Sales volume in North Kohala was up drastically in 2024 compared to 2023. In the Q4 time frame of October 1st 
through December 31st, there were 12 single-family homes sold in North Kohala, and 14 land lots. The highest priced home to sell is located at 59-1109 Pili Pl, in Kohala Ranch. It was listed at $3,995,000 and sold for $3,650,000. The highest priced land lot to sell went for $5,000,000 from a list price of $5,900,000 and is a 524-acre parcel at 56-3221 Puu Mamo Dr in Hawi.
The lowest priced home to sell in North Kohala is located at 53-2423 Kynnersley Rd in Kapa’au. It was sold for $525,500 from a list price of $589,000. While the lowest priced land sold for $299,000 from a list price of the same amount. It is a 1.08-acre lot at 59-120 Pueokea Pl in Kohala-by-the-Sea.
Analysis: The North Kohala Market Update for Q4 reveals that after a moderate drop in inventory levels and sales volume of both land and single-family homes in the middle of 2024, sales and inventory levels in both markets have remained constant throughout the balance of the year.
If you are looking to buy or sell a home in the North Kohala area, or anywhere on the Kohala Coast, contact me today. I will help make your Hawaiian Real Estate dreams a reality. Mahalo.
North Kohala Real Estate Update for Q4 2024 Highlights
- Number of homes currently for sale – 17
- Number of homes currently in escrow – 14
- Number of land lots currently for sale – 57
- Number of land lots currently in escrow – 2
- Highest priced home currently for sale – $7,490,000 / 56-102 Old Coast Guard Rd, Hawi
- Highest priced land lot currently for sale – $28,000,000 / 59-3010 Kailani Pl, Kohala Kai 63 ac
- Lowest priced home currently for sale – $625,000 / 53-3449 Akoni Pule Hwy, Kapa’au
- Lowest priced land lot currently for sale – $285,000 / 59-207 Lehiwa St, Kohala Ranch, 3.26 ac
- Number of homes sold in Q4 (Oct – Dec) – 12
- Number of land lots sold in Q4 (Oct – Dec) – 14
- Highest priced home sold in Q4 – $3,650,000 / 59-1109 Pili Pl, Kohala Ranch
- Highest priced land lot sold in Q4 – $5,000,000 / 59-3221 Puu Mamo Dr, Hawi, 524 ac
- Lowest priced home sold in Q4 – $525,000 / 53-2423 Kynnersley Rd, Kapa’au
- Lowest price land lot sold in Q4 – $299,000 / 59-120 Pueokea Pl, Kohala-by-the-Sea, 1.08 ac
If you enjoyed this update, you may like Waikoloa Village Real Estate Update for Q4 2024.