Hawaii Living

15-2056 32nd Ave (Puna)

1 / 24
15-2056 32nd Ave, Keaau
Inquire / Showing / Video Tour
Description
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 at least $6,000 per month.

The larger home, built in 2002, is a cozy two-bedroom, one-bathroom layout 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!
Recent Activity
Past Sales
(Hawaiian Paradise Park)
More Details
  • Price / ft²: $502
  • Zoning: A-1A
  • Amenities: Dryer, Microwave, Range, Refrigerator, Washer
  • TMK: 3150151250000
  • Tax Assessed Value: $326,300
  • Courtesy: Big Island Homes & Land Co., Ltd.
  • MLS: 715404
About Hawaiian Paradise Park
Note: This page displays all real estate for sale in Puna on the Big Island. Also includes homes in Kau.
MLS properties and information provided herein is deemed reliable but is not guaranteed by the Hawaii Information Service, Inc. Listing Service. © 2025 Hawaii Information Service. All Rights Reserved. This website is for personal, non-commercial use only. Listings last updated on March 21, 2025.
Other Puna Homes
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
$529,000
19-4002 Kalani Honua Loop
2 Bds | 1 Ba
915 ft²
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
$525,000
16-1844 34th Ave
3 Bds | 2 Ba
1,426 ft²
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
$535,000
16-1366 Ao Rd
3 Bds | 2 Ba
1,464 ft²
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
$525,000
12-7059 Puulena St
4 Bds | 3.5 Ba
2,044 ft²
Other Big Island Homes
Paauilo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
$529,000
43-964 Paauilo Hui Rd
3 Bds | 2 Ba
850 ft²
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
$525,000
15-2046 22nd Ave
4 Bds | 3 Ba
2,452 ft²
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
$525,000
15-1817 26th Ave
3 Bds | 2 Ba
1,784 ft²
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
$525,000
13-3638 Kumakahi St
3 Bds | 2.5 Ba
1,591 ft²
Volcano
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
$525,000
99-1789 Painiu Loop
2 Bds | 2 Ba
1,404 ft²
Pahoa
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
  • Photo
$525,000
15-2753 Papio St
2 Bds | 1.5 Ba
946 ft²
  • Asking Price: $530,000
Description
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 at least $6,000 per month.

The larger home, built in 2002, is a cozy two-bedroom, one-bathroom layout 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!
    MLS properties and information provided herein is deemed reliable but is not guaranteed by the Hawaii Information Service, Inc. Listing Service. © 2025 Hawaii Information Service. All Rights Reserved. This website is for personal, non-commercial use only. Listings last updated on March 21, 2025.
    Note: This page displays all real estate for sale in Puna on the Big Island. Also includes homes in Kau.
    Other Puna Homes
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    $529,000
    19-4002 Kalani Honua Loop
    2 Bds | 1 Ba
    915 ft²
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    $525,000
    16-1844 34th Ave
    3 Bds | 2 Ba
    1,426 ft²
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    $535,000
    16-1366 Ao Rd
    3 Bds | 2 Ba
    1,464 ft²
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    • Photo
    $525,000
    12-7059 Puulena St
    4 Bds | 3.5 Ba
    2,044 ft²
    You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
    Buyer and Seller have reached an agreement and are under contract. The sale may be subject to one or more contingencies.
    We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, we can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
    Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
    We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
    Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
    Other fees could be a special assessment, reserve contributions etc.
    DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
    Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.