45-504 Nienie Pl #4, Honokaa, HI 96727

This rare income-producing property for sale on the scenic Hamakua Coast of Hawaii Island features four permitted homes on nearly one acre at the edge of historic Honokaa Town. A classic plantation-style 3-bedroom, 2-bath main home, three detached 2-bedroom, 1-bath cottages, and a studio with a separate entrance (unpermitted – buyers to verify) offer a flexible multi-unit setup ideal for rental income, extended family living, or investment in Big Island real estate.<br><br>The main home is the focal point of the property, surrounded by mature native landscaping, and offers vintage appeal with an opportunity for thoughtful updates—perfect for those looking to blend classic charm with modern improvements. The three detached cottages are well-sized for comfort and include on-site parking, making them highly attractive for long-term tenants or visiting guests.<br><br>Located just minutes from Honokaa’s charming, walkable main street, residents enjoy a cool climate, a friendly small-town feel, and access to local cafés, shops, and weekly farmers markets. Outdoor enthusiasts will appreciate proximity to nearby hiking trails, waterfalls, and panoramic views along the coastline. The northeast island location provides convenient access to Hilo, Waimea, and the resort areas along the Kona Coast—making it a strategic base for both work and play.<br><br>Whether you’re looking for a multi-family rental property, a residential income opportunity, or a versatile real estate investment on the Big Island, this unique Honokaa property offers flexibility, functionality, and long-term value in one of Hawaii’s most beloved rural communities.