Just Listed! Live, Rent, Expand: A Rare Opportunity in Puako

If you’ve been dreaming of a flexible, income-generating property near the ocean, 69-1931 Puako Beach Drive may be exactly what you’ve been waiting for. Located on the coveted south end of Puako Beach Drive, this licensed vacation rental offers not just one—but two beautiful living spaces on a full-sized lot, plus room to grow. With peaks of ocean, commanding Mauna Kea views, and just steps from Puako’s beloved shoreline, this home combines smart investment potential with the laid-back charm of coastal island living.

Upstairs, the 3-bedroom, 2-bath residence is designed for indoor-outdoor living, with a spacious covered lanai that’s perfect for sunset dinners and stargazing. Downstairs, a large studio with its own patio offers guests or extended family a peaceful private retreat. The property is already a successful vacation rental, offering immediate income for the savvy buyer.

But what truly sets this property apart is its potential. With Hawai‘i now supporting ADU (Accessory Dwelling Unit) development, this 0.32-acre parcel offers exciting expansion opportunities—whether you envision building a separate guesthouse, extending the main home, or adding a pool for the ultimate resort-style feel. (Learn more about ADU options here: hawaiiadu.org).

And then there's Puako. One of the last old-Hawai‘i beach communities on the Big Island, Puako is a rare find. Here, neighbors know each other, sea turtles nest on lava rocks, and tidepools are your backyard playground. Living in Puako means walking to the ocean every day, snorkeling in clear waters, and watching the sun rise over Mauna Kea and set into the Pacific—all from the comfort of your home.

Whether you’re looking for a high-performing rental property, a future retirement escape, or a place to build your island dream, this Puako gem checks every box.

Offered at $3,100,000 — Let’s talk about your next chapter in Puako.

Ta Da!

Aloha,

Jan