Keauhou Real Estate

Local insight from Penn Henderson, one of the top realtors in Keauhou.

Properties for Sale
Keauhou Condo2
Condos
Oceanfront luxury homes in Kona, Big Island Hawaii with resort-style amenities and stunning oceanic景.
HOMES
Oceanfront golf course property in Kona with lush landscaping and tropical scenery.
LAND
NORTH KONA, HAWAI‘I

Kona’s Historic Coastal Retreat

Keauhou is a picturesque oceanfront community just south of Kailua-Kona, known for its blend of resort-style living, historical significance, and easy access to some of the best outdoor activities on the Big Island. Nestled between the lush slopes of Hualālai and the blue waters of Keauhou Bay, this area offers a relaxed coastal lifestyle with golf courses, pristine beaches, and convenient amenities just minutes away.

With a mix of condos, townhomes, and private estates, Keauhou appeals to both full-time residents and those seeking a vacation home.

Luxury oceanview homes in Kona and Kohala Coast, Big Island Hawaii real estate.
→ Keauhou Estates Subdivision

A Coastal Oasis with a Storied Past

Keauhou is not just a beautiful resort destination; it’s a place deeply rooted in Hawaiian history.

This was the birthplace of King Kamehameha III, and the area remains rich with cultural landmarks, including ancient lava rock petroglyphs, historic heiaus (temples), and Keauhou Bay, once a favorite gathering place for Hawaiian royalty.

Keauhou Bay remains a hub of activity today, offering access to snorkeling, manta ray dives, and deep-sea fishing excursions.

KEAUHOU Real Estate

2025 Sales Data

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Keauhou Properties

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Keauhou

Why Choose Keauhou?

Keauhou is an ideal blend of resort-style comfort, natural beauty, and historical significance.
 
It offers a relaxed yet refined atmosphere, where golf courses, beaches, and cultural landmarks are all within reach.
 
Whether you’re looking for an oceanfront condo, a luxury estate, or a vacation rental investment, Keauhou provides a unique opportunity to experience the best of Kona’s south coast.

  • Beautiful Big Island Hawaii sailboat with vibrant orange sail near Kona coast.
  • Oceanfront turtle swimming near Kona with clear blue waters and vibrant marine life.
  • Oceanfront condo in Kona with resort-style amenities and stunning ocean views.
  • Oceanfront luxury condo in Kona with resort amenities and stunning ocean views.
Aerial view of upscale residential community on Big Island, Kona, Kohala Coast, with ocean views and.
→ Bayview Estates Subdivision

Home to Some of Kona’s Most Beautiful Neighborhoods

For those seeking more space and privacy, Keauhou features upscale residential communities with custom homes and luxury estates.
 
Gated neighborhoods such as Keauhou Estates and Bayview Estates offer elevated homesites with panoramic ocean views, lush landscaping, and high-end finishes.
 
Many homes feature private pools, spacious lanais, and seamless indoor-outdoor living, making them ideal for enjoying Kona’s year-round sunshine. With golf courses, shopping, and the ocean just minutes away, Keauhou’s homes offer a perfect mix of exclusivity, tranquility, and modern island living.

FAQ

Common Questions About Keauhou Real Estate

Five miles south of Kailua Village down Alii Drive, and noticeably calmer the moment you arrive. Keauhou is a planned coastal community rather than a town, built around the bay, with a shopping center at its heart that includes a grocery store, post office, gas station, restaurants, a cinema, and galleries. There is weekly hula and cultural programming, an oceanfront resort at the bay, and 18-hole golf along the coastline. The shoreline here is rugged lava rather than sand, with the best snorkeling on this coast at Kahaluu just north. Most days you can handle your errands without driving to town, which is the practical appeal.

Both put you on the water with amenities nearby, and the difference lies in scale and price. The Kohala Coast resorts deliver gated security, beach clubs, championship golf, and established rental programs, generally starting near $800,000 for a condominium and climbing steeply from there. Keauhou offers a working community rather than a resort, with a grocery store and a post office you actually use, ocean access minutes from your door, and condominiums with a 2025 median price of $750,000. Kohala buyers are usually buying the resort experience. Keauhou buyers are usually buying a place to live, or to live in part of the year.

Keauhou Bay is one of the best places in the world to see manta rays, and the night snorkel and dive boats leave from right there. Kahaluu Bay is the snorkeling everyone recommends to first-timers, shallow and full of fish and turtles. Outrigger canoe paddling launches from the bay, kayaks and stand-up boards go out most mornings, and the diving and fishing off this stretch are excellent. Golf sits above the water with sweeping views. Kailua-Kona is a ten-minute drive up Alii Drive for everything else, including the Ironman course that runs right past you every October.

Because they serve different buyers. Keauhou single-family homes had a 2025 median price of around $2,300,000, largely in the upslope subdivisions with ocean views, real lots, and full-time residents. Condominiums had a $750,000 median price, concentrated in projects nearer the water, where the buyer is often a second-home owner or an investor and the unit is one of many similar units. It is effectively two markets sharing a name. When you tell me which one you are shopping, the search narrows immediately, and the diligence looks quite different in each.

Some projects do, and it is determined at the building level as much as by zoning. Portions of Keauhou sit in resort zoning where short-term use is permitted, and several of the condominium projects here have operated rentals for decades. Others prohibit it outright through their house rules regardless of what the county allows, and a few have tightened rules recently. Upslope residential subdivisions are generally not eligible. Before you make an offer, I confirm zoning, permit status, AOAO rules, current minimum stay requirements, and whether the project’s rental program is on-site or open to outside managers.

More than most visitors realize. The name comes from ke au hou, the new era. Kamehameha III was born at Keauhou Bay. The area holds several heiau, the Kuamoo Battlefield and Lekeleke Burial Grounds, where the old religious order ended in 1819, and the Keauhou Holua Slide, a National Historic Landmark and the largest surviving structure of its kind. Living here means living among all of it. Buyers who take the time to understand what is around them tend to feel differently about the place within a year, and I am glad to point you toward the sites worth seeing.

Well. I live nearby and worked at Keauhou Bay for over fifteen years with Fair Wind Cruises before real estate, so I know this shoreline from the water as well as from the road. I also served on Keauhou’s marketing committee and had a small hand in shaping how the community presents itself. That translates to practical knowledge: which projects hold value, how the bay behaves in different swells, which units get afternoon sun, and what the long-term plans for this area actually are.

Kainani, Above Keauhou Bay, a fee-simple condominium community of 120 townhome residences on roughly 25 acres above the bay. Floor plans run two to four bedrooms with attached garages and ocean views, and the amenity package includes two pools, spas, cabanas, pickleball courts, a fitness center, a clubhouse, and a gated entry. Phase 1 releases ten townhomes in mid-September, with pricing starting at $1,399,500, and access is granted through a priority list that fills in the order as applications are received. Contact me first, before you register on the project website or visit the sales office. New developments require your broker to be named at the time you register, and once you have gone in on your own, that door usually closes. I will get you on the list, walk you through the public report and the rescission window, and represent your interests rather than the developer’s. There is no cost difference to you.

Talk Story

Every Big Island move starts with a conversation. Tell me what you are looking for, and we will take it from there.

Compass Real Estate in Kona, Hawaii - Penn Henderson, Big Island Real Estate
Penn Henderson of Compass

75-1029 Henry St., Suite 301
Kailua-Kona, HI 96740

Phone: (808) 345-6214
Email: penn@pennhenderson.com