Big Island Homes under $2 million

Welcome to the enchanting Big Island of Hawaii, a paradise where natural beauty meets vibrant culture. Nestled in the heart of the Pacific, this stunning island offers a unique blend of lush landscapes, pristine beaches, and breathtaking volcanic scenery. From the majestic Mauna Kea to the serene shores of Kailua-Kona, the Big Island is a treasure trove of experiences waiting to be explored.

If you're dreaming of owning a slice of this tropical paradise, you’ll be delighted to know that there are exquisite homes available for under $2 million. Whether you’re seeking a charming beachside cottage, a modern family home, or a luxurious retreat with panoramic ocean views, the Big Island has something for everyone.

Imagine waking up to the sound of waves gently lapping against the shore or sipping coffee on your lanai while watching the sunrise over the Pacific. With properties scattered across diverse locales—from the lush greenery of Hilo to the sunny shores of Waikoloa—there’s a perfect home for every lifestyle.

The Big Island is not just about stunning scenery; it’s a community rich in history and culture. Explore local farmers' markets, indulge in authentic Hawaiian cuisine, or immerse yourself in the vibrant arts scene. With a thriving community and an abundance of outdoor activities, including hiking, snorkeling, and golfing, the Big Island truly offers a lifestyle like no other.

Don’t miss out on the opportunity to make your dream of island living a reality. Discover the charm and allure of the Big Island today, where your perfect home awaits!

Newest Big Island Homes under $2 million

$615,000

3 Beds ⋅ 2 Baths ⋅ 202617693 MLS ⋅ FS - Fee Simple Tenure ⋅ 5 DOM

Waiakea neighborhood three bedroom, two bath home on a large 19,000+ square foot lot. The backyard is adjacent to the Hilo Municipal Golf Course. Great view and a relaxing environment! The home is in good shape and ready for your upgrades for the finishing touches. Carport suitable for two vehicles and it has storage closets. Electrical and plumbing supply lines have been upgraded.

445 Iwalani Street, Hilo

$409,000

3 Beds ⋅ 3 Baths ⋅ 202618148 MLS ⋅ FS - Fee Simple Tenure ⋅ 12 DOM

Welcome to this 3-bedroom, 2 3/4 bath home with a comfortable layout for everyday living. Two full bathrooms and an additional shower and toilet room offer extra convenience for guests and busy mornings. Come see the possibilities and make it your own. Ready for it's new owner! Schedule your private showing today! All comments, data is provided by seller or seller's representatives. Buyer to confirm all & hold all parties harmless from any discrepancy data in the mls and advertising. Limited Service–Data Entry Addendum signed by seller/s must be signed by buyer/s with Purchase Contract.

16-2575 Ainaloa Drive, Pahoa

$480,000

3 Beds ⋅ 2 Baths ⋅ 202617911 MLS ⋅ FS - Fee Simple Tenure ⋅ 16 DOM

This home offers quiet tranquillity with a tropical breeze. Home sits on a 3 acre lot with your nearest neighbor 400 yards away. From your spacious lanai you can view the Pacific Ocean and sunsets. The night sky is full of stars. Home has 3 bd and 2 ba with a carport.

92-8344 Hibiscus Drive, Ocean View

$895,000

5 Beds ⋅ 5 Baths ⋅ 202617866 MLS ⋅ FS - Fee Simple Tenure ⋅ 16 DOM

Unique B&B retreat on 4 private acres in beautiful Fern Acres! Sale includes 2 adjoining 2-acre parcels, sold together only: TMK 3-1-1-038-088, Lot 7929 & TMK 3-1-1-038-089, Lot 7928. County records reflect a 5-bed, 5-bath residence with approx. 4,553 sq ft; the existing configuration offers additional rooms & baths for guests, extended family, retreats or other approved uses. Special Permit issued for a 4-bedroom B&B. Separate guest & owner areas include private guest baths, most with lanais; owner’s quarters with 3 bedrooms, 1.5 baths, great room/wet bar, kitchen & lanai; plus 2 upstairs loft-style bedrooms. Hospitality features include 2 kitchens, extensive refrigeration, multiple washers/dryers, propane hot water & generous gathering areas. Much of the interior was refreshed/remodeled in 2022. Lush grounds feature a pond, 2 gazebos, greenhouse, raised anthurium beds, tropical landscaping & additional rear-acreage improvements/structures. B&B-side furnishings included subject to inventory; existing reservations extend through July 2027. A distinctive Hawai‘i Island opportunity with established guest accommodations & tremendous flexibility!

11-3489 Pikake Street, Mountain View

$165,000

1 Beds ⋅ 1 Baths ⋅ 202617812 MLS ⋅ FS - Fee Simple Tenure ⋅ 19 DOM

A unique opportunity to purchase an extensively improved parcel in Mark Twain Estates with substantial water infrastructure, mature gardens, farm improvements, off-grid systems, and an unpermitted tiny house. This property has been actively lived on, farmed, landscaped and improved over a number of years. The result is a mature and functioning property with cleared areas, established pathways, productive growing spaces, multiple structures and sitework already completed. A major advantage is the extra large 1.5 inch waterline running onto the property with a professional installed backflow prevention system. The parcel includes 2 previously cleared and level house-pad areas, that enjoy dramatic hill and ocean views. The property is home to a small working mushroom, herb, and botanical farm with exceptionally fertile and organically enriched soil, built up macadamia husk, coffee parchment, local hardwood sawdust and spent mushroom farm substrate, creating rich, productive moisture holding soil throughout the gardens. A diverse collection of established edible, medicinal and ornamental plants enhance the property. A 16 x 16 farm shelter is used as living area and a kitchen.

94-6482 Palaoa Road, Naalehu

$409,000

3 Beds ⋅ 3 Baths ⋅ 202617781 MLS ⋅ FS - Fee Simple Tenure ⋅ 19 DOM

Step into this stunning newly built 3-bedroom, 3-bath home featuring a bright, spacious interior, vaulted ceilings, and eye-catching modern details. The seamless open floor plan offers the perfect setting for relaxing and entertaining. This beautiful home is move-in ready and waiting for its new owners! All comments, data is provided by seller or seller's representatives. Buyer to confirm all & hold all parties harmless from any discrepancy data in the mls and advertising. Limited Service–Data Entry Addendum signed by seller/s must be signed by buyer/s with Purchase Contract.

16-2109 Stardust Drive, Pahoa

78-6957 Kamehameha Boulevard Unit C1, Kailua Kona

$1,750,000

4 Beds ⋅ 3 Baths ⋅ 202617794 MLS ⋅ FS - Fee Simple Tenure ⋅ 19 DOM

Short-term vacation rentals allowed. No HOA fee for the first 6 months! The Lani floorplan is the largest and most spacious residence offered at Kainani Above Keauhou Bay, where thoughtful design, luxury finishes, and brand-new construction come together in one exceptional home.This expansive 4-bedroom, 3-bath residence offers 1,990 square feet of beautifully designed living space, creating the flexibility to accommodate guests, a home office, hobbies, or multigenerational living while maintaining an open, comfortable floor plan ideal for everyday island living. Enjoy the benefits of new construction, modern building standards, low-maintenance living, and a gated community designed for comfort and recreation. Amenities include 2 pools and hot tubs, a splash pad, 5 poolside cabanas gathering spaces, pickleball courts, a massive fitness center, and men’s and women’s steam rooms and saunas. Inside, luxury vinyl plank flooring, designer cabinetry, quartz countertops, and premium finishes create an elegant yet relaxed atmosphere. Buyers can personalize their home with two professionally curated interior color packages, nine designer finish upgrade collection.

78-6957 Kamehameha Boulevard Unit C1, Kailua Kona

78-6957 Kamehameha Boulevard Unit C3, Kailua Kona

$1,425,000

2 Beds ⋅ 3 Baths ⋅ 202617738 MLS ⋅ FS - Fee Simple Tenure ⋅ 20 DOM ⋅ Kainani Above Keauhou Bay BLDG.

No HOA fee for the first 6 months! The Hoku floorplan offers 1,497 square feet of intelligently designed living space with 2 bedrooms, 2.5 bathrooms, 2 lanais, and an attached private garage featuring a dedicated high-voltage outlet. This home combines open-concept living with generous bedrooms, each with an ensuite bathroom, and seamless indoor-outdoor living. Premium standard finishes include luxury vinyl flooring, designer cabinetry, quartz countertops, Bosch appliances, and your choice of two professionally curated interior color packages. Beyond the home itself, owners enjoy the benefits of new construction, modern building standards, low-maintenance living, and a gated community designed for comfort and wellness. Amenities include 2 pools and hot tubs, a splash pad, 5 poolside cabanas, gathering spaces, pickleball courts, an expansive fitness center, and men’s and women’s steam rooms and saunas. Homes enjoy beautiful ocean views, creating the perfect backdrop for Hawaii Island living. A 3 day minimum rental period allows owners flexibility in their ownership.

78-6957 Kamehameha Boulevard Unit C3, Kailua Kona

78-6957 Kamehameha Boulevard Unit B3, Kailua Kona

$1,425,000

2 Beds ⋅ 3 Baths ⋅ 202617685 MLS ⋅ FS - Fee Simple Tenure ⋅ 21 DOM ⋅ Kainani Above Keauhou Bay BLDG.

Developer incentive of no HOA fees for the first 6 months! Welcome to Kona's newest luxury gated community, designed to bring together modern island living, amazing ocean views, exceptional quality, and an unparalleled location. The Hoku floorplan offers 1,497 square feet of intelligently designed living space with 2 bedrooms, 2.5 bathrooms, 2 lanais, and an attached private garage featuring a dedicated high-voltage outlet. This home combines open-concept living with generous bedrooms, each with an ensuite bathroom, and seamless indoor-outdoor living. Premium standard finishes include luxury vinyl flooring, designer cabinetry, quartz countertops, Bosch appliances, and your choice of two professionally curated interior color packages. Beyond the home itself, owners enjoy the benefits of new construction, modern building standards, low-maintenance living, and a gated community designed for comfort and wellness. Amenities include 2 pools and hot tubs, a splash pad, 5 poolside cabanas, gathering spaces, pickleball courts, an expansive fitness center, and men’s and women’s steam rooms and saunas. A 3 day minimum rental period allows owners flexibility in their ownership.

78-6957 Kamehameha Boulevard Unit B3, Kailua Kona

78-6957 Kamehameha Boulevard Unit B1, Kailua Kona

$1,750,000

4 Beds ⋅ 3 Baths ⋅ 202617587 MLS ⋅ FS - Fee Simple Tenure ⋅ 22 DOM

No Hoa Fee for the first 6 months! The Lani floorplan is the largest and most spacious residence offered at Kainani Above Keauhou Bay, where thoughtful design, luxury finishes, and brand-new construction come together in one exceptional home.This expansive 4-bedroom, 3-bath residence offers 1,990 square feet of beautifully designed living space, creating the flexibility to accommodate guests, a home office, hobbies, or multigenerational living while maintaining an open, comfortable floor plan ideal for everyday island living. Beyond the home itself, residents enjoy the benefits of new construction, modern building standards, low-maintenance living, and a gated community designed for comfort and recreation. Planned amenities include 2 pools and hot tubs, a splash pad, 5 poolside cabanas gathering spaces, pickleball courts, a massive fitness center, and men’s and women’s steam rooms and saunas. Inside, luxury vinyl plank flooring, designer cabinetry, quartz countertops, and premium finishes create an elegant yet relaxed atmosphere. Buyers can choose from two professionally curated interior color packages, nine designer finish upgrade collections, and more.

78-6957 Kamehameha Boulevard Unit B1, Kailua Kona

$559,000

3 Beds ⋅ 3 Baths ⋅ 202617280 MLS ⋅ FS - Fee Simple Tenure ⋅ 27 DOM

Beautifully newly built 3-bedroom, 2.5 bath home featuring a spacious open-concept layout with vaulted ceilings and modern finishes throughout, then kitchen showcases a large waterfall island, stainless steel appliances, and plenty of cabinetry, opening seamlessly into the dining and living areas. Bright, inviting, and conveniently located, this home offers the perfect blend of comfort, style and everyday functionality. Move-in ready for its new owners. Schedule your private showing today! All comments, data is provided by seller or seller's representatives. Buyer to confirm all & hold all parties harmless from any discrepancy data in the mls and advertising. Limited Service–Data Entry Addendum signed by seller/s must be signed by buyer/s with Purchase Contract.

15-1262 Railroad Avenue, Keaau

$1,349,000

9 Beds ⋅ 5 Baths ⋅ 202617162 MLS ⋅ FS - Fee Simple Tenure ⋅ 29 DOM

Welcome to 272 Lama Street, together with the additional dwelling known as 460 Awa Street—a rare corner property near Nani Mau Gardens offering 2.72 acres of usable land with room for gardening, farming, recreation, expansion or multi-generational living. The property features two existing homes with three assigned street addresses, offering flexibility for extended family living, rental income potential, guest accommodations or home-based business use. Numerous improvements were completed following a recent pre-listing inspection. Both dwellings received interior and exterior paint along with additional repairs and updates. Improvements include roof repainting, termite damage repairs, updated fixtures, GFCI outlets, screens and railings. The secondary dwelling also features new vinyl flooring and patio improvements. A pre-listing inspection was completed, with numerous items addressed in preparation for sale, creating a refreshed, move-in-ready opportunity. Located in desirable Panaewa, minutes from Hilo town, shopping, schools and parks, this unique property offers privacy, flexibility and open space increasingly difficult to find so close to town.

272 Lama Street, Hilo

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Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.