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48-5559 Government Main Rd (Honokaa)

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Photo 1 of 48-5559 Government Main Rd, Honokaa
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48-5559 Government Main Rd, Honokaa
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Description
It's VERY RARE that a property in this 4-original lot subdivision becomes available for purchase. Perched on the rim of historic and iconic Waipio Valley, with valley, Maui and ocean views forever, you'd understand why....you just can't print more of them. Two CPR'd lots are included in the sale. Lot 1 contains a cozy, hideaway of a home with room for expansion under it. Lot 2 provides options to build another structure, leave the open space or to sell it off. This idyllic offering is a true piece of paradise. Enjoy sunny days in your lush tropical oasis and beautiful, peaceful evenings listening to the surf and gazing at the stars.

INCLUDED in sale is vacant CPR lot 2 consisting of 17,424sf. Assessed land value for 2023 is $360,000 and current taxes are $3,996/yr. This lot is not ag dedicated.

Information herein, while deemed reliable, may contain inaccuracies, & is provided without warranty/guarantee of any kind. Agents & Buyers are advised to engage qualified specialists to verify information they deem material or important to the purchase the property including, but not limited to, the condition, permits & square footages. In addition, some of the images contained in this listing may be an artist's impression of what the property "might" look like, including digital photo modification and/or digital furniture staging.
Past Activity
  • Dec 08, 2023 Sold for $1,235,000
  • Nov 09, 2023 Under Contract
  • Oct 30, 2023 Listed at $1,235,000
More Details
  • Owner, Tax & Resale History
  • Price / ft²: $2,241
  • Zoning: A-40A
  • View: Coastline, Mountain(s), Ocean
  • Security Features: CO2 Detection
  • Amenities: Dishwasher, Disposal, Double Oven, Dryer, Electric Cooktop, Microwave, Range Hood, Refrigerator
  • TMK: 3480040150001
  • Tax Assessed Value: $407,200
  • Courtesy: Island Boutique Realty Inc. / 8084949058
  • MLS: 705365
MLS properties and information provided herein is deemed reliable but is not guaranteed by the Hawaii Information Service, Inc. Listing Service. © 2026 Hawaii Information Service. All Rights Reserved. This website is for personal, non-commercial use only. Listings last updated on January 13, 2026.
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  • Sold 12/8/23 at $1,235,000
    (List Price: $1,235,000)
Description
It's VERY RARE that a property in this 4-original lot subdivision becomes available for purchase. Perched on the rim of historic and iconic Waipio Valley, with valley, Maui and ocean views forever, you'd understand why....you just can't print more of them. Two CPR'd lots are included in the sale. Lot 1 contains a cozy, hideaway of a home with room for expansion under it. Lot 2 provides options to build another structure, leave the open space or to sell it off. This idyllic offering is a true piece of paradise. Enjoy sunny days in your lush tropical oasis and beautiful, peaceful evenings listening to the surf and gazing at the stars.

INCLUDED in sale is vacant CPR lot 2 consisting of 17,424sf. Assessed land value for 2023 is $360,000 and current taxes are $3,996/yr. This lot is not ag dedicated.

Information herein, while deemed reliable, may contain inaccuracies, & is provided without warranty/guarantee of any kind. Agents & Buyers are advised to engage qualified specialists to verify information they deem material or important to the purchase the property including, but not limited to, the condition, permits & square footages. In addition, some of the images contained in this listing may be an artist's impression of what the property "might" look like, including digital photo modification and/or digital furniture staging.
    MLS properties and information provided herein is deemed reliable but is not guaranteed by the Hawaii Information Service, Inc. Listing Service. © 2026 Hawaii Information Service. All Rights Reserved. This website is for personal, non-commercial use only. Listings last updated on January 13, 2026.
    • Dec 08, 2023 Sold for $1,235,000
    • Nov 09, 2023 Under Contract
    • Oct 30, 2023 Listed at $1,235,000
    Other Honokaa Homes
    $1,200,000
    46-4053 Kahana Dr
    5 Bds | 3 Ba
    2,085 ft²
    $1,100,000
    46-3715 Puaono Rd
    2 Bds | 1 Ba
    864 ft²
    $1,389,000
    46-4147 Old Mamalahoa Highway #B
    5 Bds | 2.5 Ba
    3,846 ft²
    $1,489,000
    44-2325 Middle Rd
    3 Bds | 3 Ba
    3,900 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, our network of agents 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.
    Learn about property tax rates.