Current efforts for improving the hyperspectral optimization processing exemplar (HOPE) model include further testing of remote-sensing reflectance (Rrs) features containing useful information for bathymetry retrieval via the minimization of the interference stemming from the variability in inherent optical properties and benthic reflectance. In this paper, we found a novel feature originating from the pure water absorption within the narrow spectral region of 570–600 nm. In most coastal regions of clear water, for example, in a coral reefs environment, pure water accounts for the majority of the total absorption in this spectral range. In addition to the depth variation, the spectral behavior of Rrs(570–600) is primarily dominated by a steep increase in pure water absorption with wavelength, whereas the influence of other optical properties such as phytoplankton/CDOM absorption, particle backscattering, and benthic reflectance can be simplified using the spectrally constant shape model. A HOPE pure water (HOPE-PW) algorithm using this feature was developed based on Rrs measurements with a spectral resolution of near 3.5 nm, wherein only four unknown parameters must be resolved. The validation from LiDAR data and comparison with HOPE-BRUCE using PRISM data at 15 sites located in five distinct regions of Palau, Guam, Great Barrier Reef, Hawaiian Islands and Florida Key, confirmed that the HOPW-PW yielded a considerable performance and provided adequate transferability to other sites with varying bottom and water environments. The sensitivity analysis based on Hydrolight-simulated datasets showed that HOPE-PW was less effected by bottom type variations but still had limitations in retrieving water optical properties.