Aerial view of the home along the lava rock coastline, pool in the foreground and open ocean beyond
KEAAU · HAWAI'I ISLAND · HAWAIIAN PARADISE PARK

15-1023 Ala Heiau Road

On market
$1,020,600
Zestimate®
2 bd / 2 ba
Layout
2,096 sqft
Living area
0.50 ac
Lot size
1999
Year built
At a glance

Value & estimates

$1,020,600
Zestimate®
$970K–$1.07M
Estimated range
$3,012/mo
Rent Zestimate®
$487
$ / sqft (Zestimate)
$1,099,000
Last asking price
Fee Simple
Land tenure
The setting

Where the lava field meets the water

Half an acre of gated, walled grounds in Hawaiian Paradise Park, close enough to the coastline that a private gate opens straight onto rocky shore access. Nearly every room is angled toward the horizon, so the view shifts from sunrise gold to open ocean blue over the course of the day — the kind of spot where passing whales, turtles, and the occasional cruise ship are just part of the scenery.

Inside, high ceilings, bamboo and tile flooring, and two oversized bedrooms each fit for a king bed give the home an airy, resort-like feel, with a small office nook tucked into the primary suite. The kitchen got a refresh a few years back with rosewood cabinetry and a generous pantry that doubles as laundry space. Outside, a pool and deck wrap around a covered cabana and a solar-heated hot tub — a private, breeze-cooled set-up suited to island living year-round. Listing notes indicate it can be sold furnished and move-in ready.

Facts & features

Interior, structure & systems

Interior

Bedrooms2
Bathrooms2 full
FlooringBamboo, tile
CoolingNone — ceiling fans
AppliancesRange, double oven, fridge, dishwasher, W/D

Property

Lot size0.50 acres
TopographyLevel
ExteriorStucco
ParkingAttached garage
FrontageAlmost oceanfront, rocky beach

Construction

Home typeSingle family
Year built1999
RoofMetal
FoundationOther

Systems

WaterCatchment
WastewaterSeptic
PowerOverhead
TelephoneCell, land line, cable
TrashPrivate contractor

Views

OutlookCoastline, ocean, sunrise
RoadsPrivate, paved & unpaved
TVCable, satellite

Location

RegionKeaau, Hawaiʻi Co.
School districtPuna
Parcel #150320440000
Twenty-eight years

Price, like the tide, has gone both ways

2000 2010 2020 1998 · $50K '07–'08 · $270K→$240K 2019 · $1.14M 2022 · $1.5M peak 2026 · $1,099,000 withdrawn, off-market
Vertical scale is logarithmic so early-2000s prices and recent prices stay readable on one line. Filled teal dots mark a new list or sale price; the coral ring marks a price cut; smaller dots are intermediate listings. Full event log below.
DateEventPrice$/sqft
Apr 8, 2026Listing removed$1,099,000$524
Mar 7, 2026Price cut −6.5%$1,099,000$524
Jan 17, 2026Price cut −16.1%$1,175,000$561
Feb 25, 2025Listed$1,400,000$668
Mar 8, 2024Listing removed$1,300,000$620
Jul 7, 2023Listed$1,300,000$620
Dec 3, 2022Listing removed$1,500,000$716
Jun 3, 2022Listed$1,500,000$716
Sep 10, 2020Listing removed$825,000$394
Jun 12, 2020Listed$825,000$394
Nov 4, 2019Listing removed$1,137,000$542
Jun 13, 2019Listed$1,137,000$542
Apr 21, 2008Listing removed$240,000$115
Mar 21, 2008Listed$270,000$129
Nov 19, 2007Listing removed$270,000$129
Nov 12, 2007Listed$270,000$129
Jun 8, 1998Sold$50,000$24
Public records

Assessed value, steady and slow

2014 · $458.4K 2025 · $634.5K
County assessment has climbed roughly +38% over eleven years, almost entirely in steady ~3% annual steps — far smoother than the listing price swings above.
Around it

Neighborhood & context

Subdivision
Hawaiian Paradise Park, on the east side of Hawaiʻi Island near Keaau, between Hilo and Pahoa.
Schools (GreatSchools)
Keonepoko Elementary — 3/10, ~5 mi
Pahoa High & Intermediate — 2/10, ~7.4 mi
District: Puna
Terms historically accepted
Cash, conventional, construction loan, 1031 exchange, VA
Parcel
150320440000 · Fee simple
Get in touch

Questions, showings, or offers — reach out.

Deolita Agaran · Hawaiʻi Homes
deolitaagaranhawaiihomes@gmail.com
Regarding 15-1023 Ala Heiau Road · replies fastest by email