Ocean View, HI

Key Performance Metrics

Market snapshot

Performance indicators for the Ocean View short-term rental market based on reliable data.

Listings

70 / 109

Reliable / Active

Cap Rate

9%

Middle-Earners Gross Yield

Revenue

$23,687

Middle-Earners Revenue

Occupancy

53%

Middle-Earners Occupancy

Home Value

$265,453

Median Home Sale Price

Top Earners

$41,361

Top-Earners Revenue

Ocean View

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Ocean View.

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Challenging to Investors

Ocean View Regulations

STRs are technically legal but heavily constrained—prohibited in residential/agricultural zones except for pre‑2018 Nonconforming Use Certificates, with new permits only available in resort/commercial zones, strict permitting/renewal and operational standards, and an enforcement focus that preserves housing, creating significant investor risk.

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About Ocean View

Hawaiian Ocean View (usually referred to as "Ocean View") is a census-designated place (CDP) in Hawaiʻi County, Hawaiʻi, United States located in the District of Kaʻū. It includes the subdivisions of Hawaiian Ocean View Estates (HOVE), Hawaiian Ocean View Ranchos, Kahuku Country Gardens, Kula Kai View Estates, Kona Gardens, Keone's Ranchos, and Kona View Estates. The population was 4,437 at the 2010 census, up from 2,178 at the 2000 census.