Discover Big Island Bliss: A Guide to Investing in Hawi Real Estate on Hawaii’s North Shore
Hawi Real Estate
55-3412 Akoni Pule Hwy
Quick Facts
• Hawi is a small town on the Big Island of Hawaii with limited real estate options, driving up property values.
• The median home price in Hawi is around $700,000 to $900,000 due to its remote and desirable location.
• Many homes in Hawi have large properties with multiple acres, often featuring tropical landscaping and scenic views.
• Hawi Real Estate often includes historic homes from the early 20th century, offering unique charm and character.
• Due to conservation efforts, some areas in Hawi have restrictions on new construction and land use.
• Vacation rentals are a significant market in Hawi, with many properties available for short-term leasing.
• Hawi’s rural setting means limited access to amenities like shopping centers and restaurants, affecting property values.
• Oceanfront properties in Hawi are rare and highly sought after, commanding premium prices.
• Investors often target Hawi Real Estate for its potential in agritourism, eco-tourism, and boutique hotel development.
• Local zoning regulations prioritize preserving Hawi’s rural character and natural environment, influencing real estate development.
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Hawi Real Estate A Guide to Investing in This Hawaiian Paradise
Located on the picturesque island of Hawaii the charming town of Hawi offers a unique blend of stunning natural beauty rich cultural heritage and excellent investment opportunities in the real estate market Hawi real estate is highly sought after by those looking to purchase a dream home or invest in a lucrative rental property In this article we will provide an in-depth guide to Hawi real estate including its history current market trends and the benefits of investing in this idyllic Hawaiian town
History of Hawi
Hawi has a rich and storied history dating back to the early 19th century when it was a major commercial center on the Big Island of Hawaii The town played a significant role in the sugar industry with many sugar plantations operating in the area The sugar industry brought an influx of immigrants to the area resulting in the creation of a culturally diverse community The decline of the sugar industry in the mid-20th century saw Hawi undergo significant changes but it has since evolved into a thriving town known for its artistic charm and stunning natural beauty
Current Market Trends in Hawi Real Estate
The Hawi real estate market is highly competitive with a diverse range of properties available including single-family homes condos townhouses and vacant land The current market trends indicate that Hawi real estate is highly sought after with many properties selling quickly especially those with ocean views or located in close proximity to the town center The median home price in Hawi is around 700 000 with luxury homes selling for significantly more The median rental price is around 2 000 per month with many properties available for both short-term and long-term rentals
Benefits of Investing in Hawi Real Estate
There are numerous benefits to investing in Hawi real estate including an excellent rental yield stunning natural beauty and a diverse range of properties available The town has a high demand for rental properties particularly during the peak tourist season making it an ideal location for investors looking to generate a lucrative rental income Hawi is also a popular destination for tourists looking for a relaxing beach vacation or an adventure in the great outdoors with a range of outdoor activities available including surfing wind-surfing and hiking
Types of Properties Available in Hawi
Hawi real estate offers a diverse range of properties including single-family homes condos townhouses and vacant land Single-family homes are the most popular type of property available in Hawi ranging in price from around 400 000 to over 1 million These homes often feature stunning ocean views large lots and beautifully landscaped gardens Condos and townhouses are also available in Hawi ranging in price from around 300 000 to over 1 million These properties are ideal for investors looking for a lower-maintenance option and often feature shared amenities such as swimming pools and gyms
Vacant land is also available in Hawi offering investors the opportunity to build their dream home or develop a rental property The median price for vacant land in Hawi is around 100 000 to over 500 000 depending on the size and location of the property Investing in vacant land can be a lucrative option for investors looking to build a custom home or develop a rental property
Tips for Investing in Hawi Real Estate
If you are considering investing in Hawi real estate there are several tips to keep in mind First research the local market to determine the best type of property to invest in and the current market trends Consider working with a reputable real estate agent who is knowledgeable about the Hawi real estate market and can provide valuable insights and guidance
It is also essential to inspect the property thoroughly before making an offer and to consider factors such as the condition of the property and any necessary repairs or renovations Keep in mind that Hawi real estate is highly competitive so be prepared to act quickly when you find a property that meets your needs and budget
Conclusion
Hawi real estate offers a diverse range of properties including single-family homes condos townhouses and vacant land The town is known for its stunning natural beauty rich cultural heritage and excellent investment opportunities in the real estate market Investing in Hawi real estate can be a lucrative option for those looking to generate a rental income or build their dream home With a high demand for rental properties and stunning ocean views Hawi is an ideal location for investors and homebuyers alike If you are considering investing in Hawi real estate research the local market work with a reputable real estate agent and be prepared to act quickly to secure your dream property
Photos of Hawi Real Estate
Frequently Asked Questions:
Hawi Real Estate FAQ
Q What is Hawi known for
A Hawi is a small town located on the Big Island of Hawaii known for its historic charm natural beauty and outdoor recreational activities
Q What types of properties are available in Hawi
A Hawi offers a range of properties including single family homes condominiums townhouses and land for sale
Q What is the median price of a home in Hawi
A The median price of a home in Hawi varies depending on the size location and condition of the property however it is generally in the range of 400000 to 700000 dollars
Q Are there any beachfront properties available in Hawi
A Yes there are beachfront properties available in Hawi including homes condominiums and land for sale these properties offer stunning ocean views and direct access to the beach
Q What are the local amenities in Hawi
A Hawi has a variety of local amenities including shops restaurants cafes galleries and historic sites there are also several parks and recreational areas in the town
Q Are there any outdoor activities in Hawi
A Yes Hawi is surrounded by natural beauty and offers a range of outdoor activities including hiking snorkeling surfing and horseback riding
Q What is the weather like in Hawi
A Hawi has a tropical climate with warm temperatures throughout the year the average temperature ranges from 70 to 85 degrees Fahrenheit
Q How do I get to Hawi
A The nearest airport to Hawi is Kona International Airport which is approximately 45 miles away there are also several transportation services available including rental cars taxis and shuttle buses
Q Can I rent a property in Hawi
A Yes there are several rental properties available in Hawi including short term vacation rentals and long term leases
Q What is the local culture like in Hawi
A Hawi has a rich and diverse cultural scene including traditional Hawaiian cultural activities and events as well as a thriving arts community
Related Links & Information:
Zillow Hawi Real Estate
Redfin Hawi Homes for Sale
Realtor.com Hawi Real Estate
Hawaii Life Hawi Real Estate
Hawaii Property Hawi Homes for Sale
