Performance indicators for the Kamuela short-term rental market based on reliable data.
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The highest-performing listings in Kamuela.
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Challenging to Investors
Kamuela's STR rules are legally allowed only in resort, hotel, commercial, and multi-family zones (excluding most residential/agricultural areas), imposing a strict cap of 5 bedrooms and requiring costly registration ($250-500 initial, $100-250 annual renewals) plus on-island contact mandates and heavy penalties ($1,000-$10,000 fines, daily penalties). The 2025 ordinance further increases compliance burdens, and the 17.75% total tax rate reduces investor profitability, making compliance challenging despite being technically legal.
Local STR Agent
STR specialist · Kamuela, HI
Kamuela, also known as Waimea, is a picturesque town located on the Big Island of Hawaii in the United States. As of 2020, Kamuela has a population of approximately 9,644 residents. Situated in the island's northern region, Kamuela is around 40 miles northeast of Kailua-Kona, the closest major city. The town is renowned for its scenic landscapes, a blend of lush pastures, rolling hills, and magnificent views of Mauna Kea, one of the world's tallest mountain peaks.
Kamuela possesses a charm that makes it an attractive destination for short-term rentals. Visitors can enjoy a range of attractions, from natural wonders to cultural landmarks. Significant nearby points of interest include the Parker Ranch, one of the largest privately-owned cattle ranches in the United States, offering historical tours and horseback riding experiences. The Mauna Kea Observatories are a short drive away, providing stunning stargazing opportunities and insights into astronomical research.
Nature enthusiasts will also appreciate the Waipio Valley, accessible from Kamuela, known for its breathtaking waterfalls, fertile farmland, and black sand beaches. Additionally, the Anna Ranch Heritage Center showcases the rich history of ranching in Hawaii and offers guided tours of the historic home and gardens.
Kamuela's strategic location and its blend of cultural and natural attractions make it a sought-after spot for short-term rentals, appealing to visitors seeking both relaxation and adventure.
