46-3989 Kapuna Rd

$290,000
Price
87,120 / 2
Lot Size / Acres

Description

Beautiful 2-acre CPR parcel in Ahualoa Homesteads with easy access. A nice quaint building site overlooks a seasonal stream. The teak structure is now in very poor condition and ready for proper demolition and removal. The value is in the land, and it is priced accordingly in its as-is condition. The listing includes photos of the waterfall and stream from 2019, but with proper brush clearing and maintenance, it is sure to be an even more beautiful home site. This CPR unit shares a gated entrance...Beautiful 2-acre CPR parcel in Ahualoa Homesteads with easy access. A nice quaint building site overlooks a seasonal stream. The teak structure is now in very poor condition and ready for proper demolition and removal. The value is in the land, and it is priced accordingly in its as-is condition. The listing includes photos of the waterfall and stream from 2019, but with proper brush clearing and maintenance, it is sure to be an even more beautiful home site. This CPR unit shares a gated entrance with one other unit, and their access easement runs along the edge of this property. Because the building site of this property sits between the gulch and the easement, the usable area is estimated at under 1 acre. The land includes several large eucalyptus robusta trees and has a very private, park-like setting. Water is supplied by a shared county meter, and the former teak house previously had water and power connected underground. The entrance is gated and locked; please do not enter without an appointment. This CPR's property line ends before the concrete bridge (which leads to the other CPR) — crossing the bridge would be trespassing. A great opportunity for the right buyer ready to start a project! Refer to the photo w/ a map, showing the two CPR lot configuration.
  1. Listed by Dan Ishikawa • License #RB-22585 • Brokerage DRE #RB-19928 • Hawaii Life
    P: (808)-557-5847 C: (808)-557-5847 danishikawa@hawaiilife.com

Property Details for 46-3989 Kapuna Road

View
Forest, Garden, River
Waterfront
No
Subdivision Name
AHUALOA HOMESTEADS
Zoning
A-5A
LISTING UPDATED: 12/09/2025 08:11 AM

Property Details for 46-3989 Kapuna Road

StatusActive
MLS #725708
Days on Market28
Taxes$568 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
CountyHawaii County

Location

Listing Courtesy of Hawaii Life, Dan Ishikawa, License #RB-22585
Add your commute

Building Information for 46-3989 Kapuna Road

Building/Complex46-3989 Kapuna RdFloor-Pet Policy-Pet Policy Details-

Payment Calculator

$1,461 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,413

Property Taxes

$47

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 46-3989 Kapuna Road

Summary
Location and General Information
  • Flood Zone: X
  • Lava Zone: 8
  • Directions: Take the upper entry to Ahualoa via Kapuna Rd. Road will curve to the left and look for the rockwall on your right with a big metal white gate. Gate is locked. No for sale sign.
  • Topography: Rolling Terrain
  • Latitude: 20.06522023
  • Longitude: -155.50598835
  • Frontage Type: Stream/Canal
  • Road Frontage Type: Road/Street
  • Roads: County, Paved
Taxes and HOA
  • Association Fee Frequency: Monthly
  • Tax Year: 2025
  • Association Fee: $0
  • Tax Annual Amount: $568
  • Tax Assessed Value: 275500.0
  • Parcel Number: 3-4-6-8-62-1
  • Tax key: 346008062
Parking
  • Carport Area Units: Square Feet
  • Garage Area Units: Square Feet
Property
Lot Information
  • Lot Size Units: Square Feet
  • Living Area Units: Square Feet
  • Project: Na Wailele
  • Other Building Area Units: Square Feet
  • Roofed Area Units: Square Feet
  • Lot Features: Grassy, Wooded
  • Land Tenure: Fee Simple
  • Lot Size Area: 87120.0
Property and Assessments
  • Special Assessment Amount Frequency: Monthly
  • Assessment Year: 2025
  • Covenants Conditions Restrictions: Yes
  • Property Type: Land
  • Agriculture Dedicated: No
Utilities
  • Sewer: Cesspool
  • Solid Waste Disposal: None
  • Utilities: Electricity Available, Underground Utilities
Interior and Exterior Features
Exterior Features
  • Exterior Area Units: Square Feet
  • Pool: No
  • Fencing: None
  • Structures: Yes
Interior Features
  • Elevation Units: Feet
  • Bathrooms Total Integer: 0
Multi Family
Income & Expenses
  • Common Area Expenses: No
Rental
Rental Information
  • Leasable Area Units: Square Feet

Property History for 46-3989 Kapuna Road

DateEvent & SourcePriceAppreciation
Dec 9, 2025

Listed (Active)

HIS #725708

$290,000
Jan 8, 2019

Permanently Off Market

HIS #617744

May 18, 2018

Listed (Active)

HIS #617744

$249,000
Mar 6, 2018

Permanently Off Market

HIS #604610

Apr 25, 2017

Listed (Active)

HIS #604610

$249,000
Oct 30, 2007

Sold (Public Record)

Public Record #296075619

$8,832

-100.0% / yr

Jul 31, 2007

Sold

HIS #181103

$357,000
Jul 26, 2007

Sold (Public Record)

Public Record #223688937

$357,000
Jun 13, 2007

Contract Signed

HIS #181103

Jul 14, 2006

Listed (Active)

HIS #181103

$395,000
Apr 25, 2006

Temporarily Off Market

HIS #166547

Oct 26, 2005

Listed (Active)

HIS #166547

$435,000
DateEvent & SourcePrice
12/09/2025

Listed (Active)

HIS #725708

$290,000
01/08/2019

Permanently Off Market

HIS #617744

05/18/2018

Listed (Active)

HIS #617744

$249,000
03/06/2018

Permanently Off Market

HIS #604610

04/25/2017

Listed (Active)

HIS #604610

$249,000
10/30/2007

Sold (Public Record)

Public Record #296075619

$8,832

-100.0% / yr

07/31/2007

Sold

HIS #181103

$357,000
07/26/2007

Sold (Public Record)

Public Record #223688937

$357,000
06/13/2007

Contract Signed

HIS #181103

07/14/2006

Listed (Active)

HIS #181103

$395,000
04/25/2006

Temporarily Off Market

HIS #166547

10/26/2005

Listed (Active)

HIS #166547

$435,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 46-3989 Kapuna Road

Taxable ValueLand$124,600Additions$150,900Total$275,500
Tax Record2025$568 ($47 / month)
Home Facts
Beds0Baths1Total Finished SqFt537 SqFtAbove Grade Finished SqFt537 SqFtStories1Lot Size87,120 SqFtStyleCondominiumYear Built1993ZoningA-5ACountyHAWAIIAPN3-4-6-008-062-0001Fireplace TypeHas Fireplace

Schools near 46-3989 Kapuna Road

This home is within Hawaii Department Of Education.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 12
Charter - K to 12
Charter - 6 to 8
Rating
School
Distance
Honokaa Elementary School
PublicPK to 6

Honokaa High & Intermediate School
Public7 to 12

Waimea Middle - Pccs
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

46-3989 Kapuna Road is a 2 ac of land for sale in Honokaa, HI 96727. This property was listed for sale on December 9, 2025 by Hawaii Life, it's currently listed at $290,000. It has been on the market for a total of 28 days and was last sold on October 30, 2007. This listing's school district is Hawaii Department Of Education. Nearby schools include Honokaa Elementary School, Honokaa High & Intermediate School and Kanu O Ka Aina - New Century Public Charter School. 46-3989 Kapuna Road is a 0-bed, 0-bath, 2 ac of land on a 87,120 sq. ft. / 2 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Hawaii Life, Dan Ishikawa, License #RB-22585

Based on information from one of the following Multiple Listing Services: Hawaii HIS, MAUI MLS and Hi Central. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Hawaii HIS, MAUI MLS and Hi Central is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.