Kaaawa, HI

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

5 / 12

Reliable / Active

Cap Rate

2%

Middle-Earners Gross Yield

Revenue

$22,989

Middle-Earners Revenue

Occupancy

68%

Middle-Earners Occupancy

Home Value

$1,053,889

Median Home Sale Price

Top Earners

$149,923

Top-Earners Revenue

Kaaawa

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Kaaawa.

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C

Challenging to Investors

Kaaawa Regulations

Short-term rentals are largely prohibited in residential areas like Kaaawa, with new STR licenses not issued; operations are limited to rare grandfathered NUC properties or highly constrained owner-occupied B&Bs, creating a very restrictive environment for investors.

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About Kaaawa

Kaaawa is a small, unincorporated community and census-designated place on the windward (eastern) coast of Oahu, set within the Koolauloa District of Honolulu County, Hawaii. With a population of roughly 1,400 residents, it is a quiet, rural coastal village defined by its dramatic geography: the sheer green walls of the Ko'olau Mountain Range rise directly behind the town, while Kaaawa Bay and the broader Pacific stretch out in front. The community is best known as the home of Kualoa Ranch and as one of the most scenic stops along Oahu's windward shoreline. It lies approximately 30 miles north of Honolulu, a drive of about 45 to 60 minutes via the Pali Highway and Kamehameha Highway, depending on traffic through the Ko'olau Pali.

Just outside the heart of town, Kualoa Ranch sprawls across thousands of acres of valley, ridge, and shoreline, functioning as both a working cattle ranch and a private nature reserve. The property is famous as a filming location for productions ranging from Jurassic Park to 50 First Dates, and it offers visitors horseback rides, ATV tours, ziplines, ocean voyages, and jungle expeditions. Most of its tour departures begin within a few minutes of Kaaawa's residential core, making the ranch a natural anchor for any stay in the area.

A short drive north along Kamehameha Highway brings travelers to Laie and the Polynesian Cultural Center, one of Hawaii's most-visited paid attractions and a living-museum complex representing the cultures of Samoa, Fiji, Tahiti, Hawaii, Tonga, Aotearoa, and the Marquesas. The center sits roughly 15 to 20 minutes from Kaaawa and combines traditional villages, hands-on crafts, canoe pageants, and an evening luau and show. It draws visitors from across the island, particularly those on longer North Shore loops.

Just offshore from Kaaawa itself, the small, pointed islet of Mokolii, commonly called Chinaman's Hat, is one of the most photographed landmarks on the windward coast. The islet sits a short paddle or swim from the shore and provides a striking focal point for Kaaawa Beach Park, a local favorite for picnics, swimming, and small-craft launching. A few minutes to the south, Kahana Bay Beach Park offers a quieter crescent of sand backed by a freshwater stream that winds through a lush amphitheater of mountains.

Kaaawa's appeal for short-term rental owners lies in this combination of rural character, dramatic scenery, and proximity to major island draws. Travelers can base themselves in a small, slow-paced community with immediate access to Kualoa Ranch, within easy reach of the Polynesian Cultural Center and the North Shore beaches beyond, and still be back in Waikiki or downtown Honolulu in under an hour. For guests seeking the more cinematic, less developed side of Oahu, Kaaawa offers an experience that Honolulu proper simply cannot match.

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