Finding Affordable Houses for Sale on the Big Island

🏡 Finding Affordable Houses for sale on the Big Island
What does it really take to buy a home in Hawai'i? That question hit me one day when I wondered—what could someone working at McDonald’s actually afford here? And from that thought, this video was born.

In this video, we walk through real listings, break down real costs, and follow fictional buyers—from single parents to young couples—to see what’s possible, and what isn’t, across the Big Island.

From the lava fields of Ocean View to the rainy coastlines of Hilo, from condos to foreclosures, we explore the wide, complicated terrain of what affordability actually means.

📢 Please Note: This is a Simulation
All buyers featured in this video are fictional. Their names, jobs, and budgets were created to help viewers better understand how affordability plays out across different areas of the Big Island.
📝 The listings, however, are real—and reflect current market conditions at the time of filming.

📊 How We Calculated Mortgage & Housing Costs
All mortgage estimates were based on conventional 30-year fixed loans unless otherwise stated. For FHA loans, we used a 3.5% down payment, added estimated mortgage insurance (MIP) and closing costs.
Property taxes were calculated using County of Hawai'i owner-occupant rates, and HOA fees were pulled directly from MLS listings.
Utility estimates (electricity, water, catchment systems, insurance) were based on regional averages, adjusted for location and infrastructure.

🧠 Data Sources

Workforce and income data were generated by ChatGPT (OpenAI) using up-to-date datasets from DataUSA, the U.S. Census Bureau, and ZipRecruiter.
Housing costs, affordability thresholds, and lending assumptions were modeled by ChatGPT based on current Hawai'i market conditions and MLS data provided by the Hawai'i Information Service.
This simulation is meant to educate and inform, not replace professional advice. For personalized help, consult a local lender or Realtor.

00:00 INTRO
04:43 KONA
27:15 HAWAIIAN OCEAN VIEW ESTATES
45:20 LAVA HAZARD ZONE MAP
50:38 RANCHOS
01:04:39 HILO
01:20:26 OUTTRO

🏠 Listings Featured in This Video
Since the time of filming, some of these properties have sold. Below are the original listing details, agents, and updated sales information for transparency and reference:

🌴 92-1531 Walaka Dr – Ocean View, HI 96737
MLS#: 716051
Listing Agent(s):
• Garrett D. Gresham (RS-75738), Aloha Sotheby’s International Realty Inc.
• Christopher A. Stimac (RS-75084), Aloha Sotheby’s International Realty Inc.
Office RB#: 24223
Office Address: 65-1279 Kawaihae Rd, Kamuela, HI 96743
Office Phone: (808) 885-8885
Status: Sold on 4/21/2025 for $325,000 (Conventional Loan)

🏝️ 485 Waianuenue Ave #149 – Hilo Terrace, Hilo, HI 96720
MLS#: 716225
Listing Agent: James T. Morrison (RS-79190)
Office: Koa Realty, Inc.
Office RB#: 18369
Office Address: 76-5909 Mamalahoa Hwy, Holualoa, HI 96725
Office Phone: (808) 334-1562
Status: Sold on 4/7/2025 for $225,000 (Conventional Loan)

🏞️ 75-234 Nani Kailua Dr #54 – The Pines, Kailua-Kona, HI 96740
MLS#: 715469
Listing Agent: Lisa Folden (RS-70711), Knutson & Associates
Office RB#: 22317
Office Address: 75-5782 Kuakini Hwy #C-2B, Kailua-Kona, HI 96740
Office Phone: (808) 329-1010
Status: Sold on 5/8/2025 for $662,500 (Conventional Loan)

🌄 92-8430 Tapa Dr – Ranchos, Ocean View, HI 96737
MLS#: 716355
Listing Agent: Philip Campos (RB-18974)
Office: Island Premier Realty, LLC
Office RB#: 19434
Office Address: 1803 Wili Pa Loop #203B, Wailuku, HI 96793
Office Phone: (808) 495-4414
Status: Contingent as of May 2025


📬 Want to Be in the Next Episode?
If you’re house hunting on the Big Island and curious what you can—or can’t—afford, we’d love to feature you in our next simulation.

🔹 Send us your income range, family setup, and housing goals.
🔹 Email: [email protected]
🔹 Or visit: https://thepapakeacollection.com

We’ll keep your info private unless you ask to be featured.

🤙 Contact Us
This video was produced by The Papakea Collection – a real estate team that is part of Koa Realty, inc.
📧 James: [email protected] | 📞 (808) 209-9906
📧 Julie: [email protected] | 📞 (808) 300-7662
🌐 https://thepapakeacollection.com

🎵 Music Credits

🎧 Music by UĀ – YouTube.com/@UAHawaiianIslandMusic
All rights belong to UĀ. We make no claim to ownership. These songs were used for artistic purposes in this video only

Tracklist In Order of Appearance
Mahina Maʻalea • Ali’i Drive • Holoholo • Ka Naʻau a me ke Ao (The Heart and the Day) •
E Hana Kaula Hoʻōhaehae (Fraying Rope) • Cold Withdrawal • Ocean View (Ke Kaumaha o ka ʻĀina) •
Ka Lā Laʻi o Kaʻū • Blood Born • Ke Kaumaha o ke Kānaka (The Weight of a Man) •
Nā Koholā e Hō‘ea (The Whales Arrive) • Ka Hale Mālie (The Quiet House) •
Hana Shore • Beyond the Waves and Rain • Mend the Pain, E Holualoa

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Ultimate Coastal Property Management: Mastering Waterfront Leasing, Marina Operations & Oceanfront Rentals

Why Coastal Property Management is Essential

Managing coastal properties demands a unique blend of expertise and dedication. Coastal Property Management ensures that your waterfront assets not only retain their value but also thrive in the dynamic marine environment. From maintaining pristine beachfronts to navigating complex shoreline compliance regulations, professional management is key to unlocking the full potential of your oceanfront investments.

Waterfront Leasing: Maximizing Your Property's Potential

Waterfront Leasing is a lucrative opportunity for property owners looking to capitalize on their prime locations. Effective leasing strategies involve understanding market demands, setting competitive rates, and attracting quality tenants who appreciate the unique allure of waterfront living. By partnering with experienced property managers, owners can ensure high occupancy rates and optimal returns on their investments.

Beachfront Maintenance: Preserving Natural Beauty

Beachfront Maintenance is crucial for sustaining the aesthetic and structural integrity of coastal properties. Regular upkeep includes shoreline cleaning, erosion control, and the upkeep of facilities such as boardwalks and recreational areas. Proactive maintenance not only enhances the property's appeal but also complies with environmental standards, ensuring a harmonious balance between development and nature.

Marina Operations: Seamless Management of Marine Facilities

Effective Marina Operations are the backbone of any successful waterfront property. This involves managing dock spaces, ensuring the availability of essential services, and providing a safe and welcoming environment for boaters and enthusiasts. Streamlined operations enhance the overall experience, making your marina a preferred destination for boating activities and waterfront leisure.

Shoreline Compliance: Navigating Regulations with Confidence

Shoreline Compliance is non-negotiable in coastal property management. Adhering to local, state, and federal regulations ensures that your property remains legally sound and environmentally responsible. Professional property managers stay abreast of the latest compliance requirements, managing permits, and implementing necessary measures to protect both the property and the surrounding ecosystem.

Oceanfront Rentals: Creating Memorable Guest Experiences

Oceanfront Rentals offer unparalleled experiences for guests seeking the serenity and beauty of coastal living. Crafting memorable stays involves providing top-notch amenities, personalized services, and maintaining high standards of cleanliness and comfort. By focusing on guest satisfaction, property managers can foster repeat business and positive reviews, driving long-term success for your rentals.

Saltwater Property Care: Protecting Against Harsh Marine Elements

Saltwater Property Care is essential for combating the corrosive effects of the marine environment. This includes using specialized materials and coatings, regular inspections, and timely repairs to mitigate damage caused by saltwater exposure. Investing in robust property care measures extends the lifespan of structures and maintains the overall value of your coastal investments.

Conclusion

Mastering Coastal Property Management requires a comprehensive approach that encompasses Waterfront Leasing, Beachfront Maintenance, Marina Operations, Shoreline Compliance, Oceanfront Rentals, and Saltwater Property Care. By leveraging professional management services, property owners can ensure their waterfront assets remain valuable, attractive, and compliant. Embrace the expertise of seasoned coastal property managers to navigate the complexities of the seaside market and achieve sustained success.