Have you ever dreamed of owning a piece of Hawai‘i’s dramatic coastline? A one-of-a-kind opportunity has just emerged on Hawai‘i Island that may make that dream a reality.

The Hāmākua Hotel, a boutique property perched above the Pacific on the scenic Hāmākua Coast, is officially for sale with an asking price of $10 million. This eight-room luxury hotel sits about 20 minutes north of Hilo on 3.4 acres of fee-simple land — and according to the listing, it’s currently the only permitted hotel along the 55-mile Hāmākua coastline.

Originally operating as the Palms Cliff House bed-and-breakfast for 25 years, the property was transformed into a luxury boutique hotel after being acquired during the pandemic by local owners who invested in a major renovation. In 2024, about $2.5 million was spent upgrading guest rooms, modernizing infrastructure, and adding amenities like an infinity-edge pool and spa barn.

Real estate professionals note that oceanfront, fee-simple hotels in Hawai‘i are extremely rare to see on the market — especially one with such a unique setting and strong operational momentum. The current owner believes that fresh ownership and ideas can help the property continue evolving while also allowing them to pursue other interests.

For investors, hospitality entrepreneurs, or lifestyle buyers looking for a turnkey asset with both charm and character, this listing represents a truly exceptional opportunity in one of Hawai‘i’s most picturesque coastal regions.

Souce: Aloha State Daily