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Listed by Jared C Gates of Big Island Homes & Land Co.,Ltd. (8087561319)
Price Reduced for 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 approximately $6,000 per month.

The larger home, built in 2002, is a good sized one bedroom, one-bathroom with an office 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!

Property Details of 15-2056 32nd Avenue

Property Details

Interior Features

Exterior Features

Utilities and Appliances

Community

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 "Based on information submitted to Hawaii Information Service as of November 8, 2025 10:42 PM EST. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

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