Kailua Kona Real Estate

202614460 MLS ⋅ FS - Fee Simple Tenure ⋅ 10 DOM

Rarely available four-unit income property located at the top of Sea View Circle in Kona Sea View Lots. This well-maintained multi-family property offers approximately 3,344 sq ft of interior living space on a generous 8,202 sq ft lot, with ocean views from each unit. Built in 1991, the property features four separate units totaling 4 bedrooms and 4 bathrooms, making it an excellent opportunity for investors seeking stable rental income or an owner-occupant looking to offset living costs. Key features include: • Brand new roof • Separately metered electricity for each unit • One assigned parking stall per unit • Tenant occupied with established rental income • Shared laundry facility • Additional storage space assigned to each unit Ideally positioned near the top of the subdivision, the property enjoys cooler elevation, ocean views, and convenient access to Kailua-Kona town, shopping, dining, and the main highway. Whether you are expanding your Hawai‘i real estate portfolio or seeking a multi-unit investment with built-in income, this property presents a compelling opportunity in one of Kona’s most desirable areas.

77-6573 Sea View Circle, Kailua Kona

$1,300,000

4 Beds ⋅ 4 Baths ⋅ 202614458 MLS ⋅ FS - Fee Simple Tenure ⋅ 10 DOM

Rarely available four-unit income property located at the top of Sea View Circle in Kona Sea View Lots. This well-maintained multi-family property offers approximately 3,344 sq ft of interior living space on a generous 8,202 sq ft lot, with ocean views from each unit. Built in 1991, the property features four separate units totaling 4 bedrooms and 4 bathrooms, making it an excellent opportunity for investors seeking stable rental income or an owner-occupant looking to offset living costs. Key features include: • Brand new roof • Separately metered electricity for each unit • One assigned parking stall per unit • Tenant occupied with established rental income • Shared laundry facility • Additional storage space assigned to each unit Ideally positioned near the top of the subdivision, the property enjoys cooler elevation, ocean views, and convenient access to Kailua-Kona town, shopping, dining, and the main highway. Whether you are expanding your Hawai‘i real estate portfolio or seeking a multi-unit investment with built-in income, this property presents a compelling opportunity in one of Kona’s most desirable areas.

77-6573 Sea View Circle, Kailua Kona

$835,000

3 Beds ⋅ 2 Baths ⋅ 202613366 MLS ⋅ FS - Fee Simple Tenure ⋅ 25 DOM ⋅ Hualalai Colony BLDG.

Furnished, low-maint., well-built end-unit condo that feels like a home & has it all! Enjoy ocean views over open land, cool mauka breezes, and a private lanai w storage that opens to a yard w ground-floor access. Designer-reno w a large quartz chef's kitchen, new lighting, LVP flooring, bath vanities, shower, toilets, paint, blinds & drapes—every detail carefully considered. Incl. carport w workshop/storage, side-by-side washer/dryer, 9ft ceilings, O/S windows & doors, & low HOA dues (incl all but ELEC). Monthly rentals are allowed & in demand. Cmty. amenities feature a rec room, ocean-view party cabana, BBQ area, pickleball and basketball courts, and paths—all just 5 min to town, Honl's Beach, and the pier. Enjoy sunsets over ocean & Kailua Bay, dark starry skies w sounds of surf, & mornings in bed looking out into a monkey pod canopy w birdsong. All comments & data provided by seller or seller's reps. Buyer to confirm all & hold all parties harmless from any discrepancy data in MLS and ad. Limited Service–Data Entry Add. must be signed by buyers w Contract. Seller is CA RE Broker.

75-346 Hualalai Road Unit A106, Kailua Kona

$1,675,000

8 Beds ⋅ 6 Baths ⋅ 202612042 MLS ⋅ FS - Fee Simple Tenure ⋅ 48 DOM

Are you looking for a Multi-Family and/or an Income Property? One Lot with Two Updated Homes each includes Upper-Level Main Living areas and Lower-Level Guest Quarters with private entrances. Located above the airport at an ideal elevation w/panoramic Ocean&Sunset views in a quiet neighborhood w/convenient access to Kailua-Kona town & the Kohala Gold Coast.Both areas offer a variety of restaurants, shopping & beaches. North located home: The open-beam ceilings in the Great Room divide the two-bedroom suites, each w/a walk-in closet, four-piece bathroom,sliding doors to private covered tiled lanais. Kitchen has bright white cabinets & appliances.Guest quarters have 2bedrooms/1 full bath, wet-bar, cabinets, vinyl & tile flooring.West side windows w/ garden views. Separate entrances to the Storage Room & Laundry.Two storage buildings for yard tools & beach toys are towards the back of the property. South located home: Two car carport & laundry closet, new roof, open-beam ceilings, 3 bedroom & 1¾ bath.Updated Kitchen, bathrooms & tile floors.Covered Lanai the full length of the house on both levels.Guest quarters 1 bedroom/1bath, updated bathroom,wet bar,cabinets,vinyl & tile flooring.

73-1153 Ahikawa Street Unit A & B, Kailua Kona

$8,875,000

202609233 MLS ⋅ FS - Fee Simple Tenure ⋅ 89 DOM

Rare offering of stabilized apartment income property at Alahou Street Apartments. 25 units in two newer buildings, with 8 2-bedroom units in building A built in 2012 and 15 studio units plus 2 2-bedroom units in Building B built in 2018, both being in excellent condition. Total of 10 2-bedroom units and 15 studio units located in the heart of Kailua-Kona town. With a high barrier to entry due to lack of water and zoned land, there are no new competing projects planned in the area at this time, leading to consistent rental pressure over time and high occupancy, typically pushing 100%. Great parking and walking distance to shopping and dining add to the desirability of this project. Priced at $8,875,000, which represents a 5.5% capitalization rate on Trailing Twelve Months (T-12) financial performance, this Offering provides an excellent opportunity for investing in the Kailua-Kona market, one of Hawaii's most popular resort/residential markets. With the planned new hospital and other growth in the area, continued upward pressure on rents and high occupancy is very likely. Walkability score of 72. Potential to convert the project to a Condominium Property Regime. Zoned RM-1

75-5749 Alahou Street, Kailua Kona

$675,000

2 Beds ⋅ 2 Baths ⋅ 202608313 MLS ⋅ FS - Fee Simple Tenure ⋅ 102 DOM ⋅ Alii Cove BLDG.

Imagine waking up every day to ocean views, living with the added convenience of Kona town’s dining and shopping just minutes away. Ali?i Cove #KK22 is ideally located near the top of this premier gated community closer to entry off of the quieter side of Walua Road. The 2-bedroom, 2-bath home with spacious loft features 1,215 sq ft of living space, vaulted ceilings, abundant natural light, recently added split ac units and double paned windows for energy efficiency. The versatile loft space can be converted to an office, extra bedroom, exercise space, storage area or other possibilities. You won’t want to miss this one.

75-5919 Alii Drive Unit KK22, Kailua Kona

$445,000

1 Beds ⋅ 1 Baths ⋅ 202607555 MLS ⋅ FS - Fee Simple Tenure ⋅ 114 DOM ⋅ Alii Villas BLDG.

Step into your slice of paradise with this beautifully furnished, one-bedroom end unit at the highly sought-after Ali‘i Villas. Whether you're envisioning a peaceful full-time island lifestyle or a high-performing vacation rental, this gem delivers. With tasteful upgrades and thoughtful design for comfort and accessibility. A ground floor unit makes ease of access desirable with the parking space nearby. Wake up to the sounds of nature and the scent of tropical blooms in a lush garden setting. Your private lanai opens to a vibrant green space just steps away—perfect for morning coffee or winding down at sunset. Ideally situated near the pool and BBQ area, this unit offers prime convenience while still maintaining your own private retreat. Highlights you'll love: In the V-1.25 zoning allows for legal vacation rentals No-step entry with discreet accessibility enhancements

75-6016 Alii Drive Unit 108, Kailua Kona

$899,000

202606703 MLS ⋅ FS - Fee Simple Tenure ⋅ 128 DOM

Rare infill wooded lot with ocean views in Kalaoa offering a unique development or estate opportunity in the Kailua-Kona area. The seller has conceptual plans for a 29-unit affordable housing project, and supporting materials are available including survey, archaeological reports, and conceptual plans. A private road/easement runs north–south through the property, providing potential access and layout flexibility. The property may also be suitable for agricultural use, estate-style homes, or potential institutional uses such as places of worship. According to preliminary discussions, the Department of Water Supply has indicated that up to six additional water credits may be available in connection with a potential Change of Zone application (such as RA-1a – 1-acre lots). Buyer to conduct their own due diligence with the county and relevant agencies. The site may offer strong potential for an affordable housing development opportunity, especially when considered alongside Hawaii County Ordinance 11-22, which encourages affordable housing projects in the region.

73-1200 Kahuna Road, Kailua Kona

$1,699,000

3 Beds ⋅ 3 Baths ⋅ 202605920 MLS ⋅ FS - Fee Simple Tenure ⋅ 141 DOM

Set amid lush tropical gardens, this beautifully maintained home offers privacy, serenity, indoor-outdoor living in a desirable gated community near Keauhou Bay. Fully tiled lanai and bedroom floors, a wraparound yard, lush tropical gardens, low-maintenance artificial grass, and lovely sunrise views create a comfortable and relaxed island setting. The chef’s kitchen features quartzite natural stone countertops and Crystile Wave backsplash walls, while the upgraded Daikin 4-ton air conditioning system adds year-round comfort. Ideally located near the coast, golf, pickleball, tennis, shopping, dining, and resort amenities, this well-maintained property offers privacy, convenience, and easy access to the best of the Keauhou and Kailua-Kona lifestyle. Buyer to independently verify all material information.

78-7075 Holuakai Loop, Kailua Kona

$1,699,000

6 Beds ⋅ 4 Baths ⋅ 202605141 MLS ⋅ FS - Fee Simple Tenure ⋅ 154 DOM

Discover your private tropical oasis in the desirable Kona Acres community—an exceptional one-acre estate featuring a main residence, pool house, and detached hosted vacation rental surrounded by lush landscaping and ocean views. The main home offers 4 bedrooms and 3 bathrooms with new luxury vinyl plank flooring, fresh interior paint, upgraded recessed lighting, and an open-concept layout. The spacious kitchen includes a reverse osmosis system, new refrigerator, and overlooks the pool and tropical grounds. The living area features a home theater with an automated projector, retractable screen, and surround sound. The primary suite includes a walk-in closet, ensuite bath, and private lanai. Outside, enjoy a solar-heated pool framed by mature tropical landscaping with papaya, loquat, white pineapple, and avocado trees. The pool house offers a private bedroom and bath, while the fully remodeled detached 2-bedroom, 1-bath guest home currently operates as a hosted short-term vacation rental. A rare opportunity combining privacy, ocean views, resort-style living, and income potential.

73-4392 Punawele Street, Kailua Kona

$1,675,000

202526320 MLS ⋅ FS - Fee Simple Tenure ⋅ 239 DOM

Are you looking for a Multi-Family and/or an Income Property? One Lot with Two Updated Homes each includes Upper-Level Main Living areas and Lower-Level Guest Quarters with private entrances. Located above the airport at an ideal elevation w/panoramic Ocean&Sunset views in a quiet neighborhood w/convenient access to Kailua-Kona town & the Kohala Gold Coast.Both areas offer a variety of restaurants, shopping & beaches. North located home: The open-beam ceilings in the Great Room divide the two-bedroom suites, each w/a walk-in closet, four-piece bathroom,sliding doors to private covered tiled lanais. Kitchen has bright white cabinets & appliances.Guest quarters have 2bedrooms/1 full bath, wet-bar, cabinets, vinyl & tile flooring.West side windows w/ garden views. Separate entrances to the Storage Room & Laundry.Two storage buildings for yard tools & beach toys are towards the back of the property. South located home: Two car carport & laundry closet, new roof, open-beam ceilings, 3 bedroom & 1¾ bath.Updated Kitchen, bathrooms & tile floors.Covered Lanai the full length of the house on both levels.Guest quarters 1 bedroom/1bath, updated bathroom,wet bar,cabinets,vinyl & tile flooring.

73-1153 Ahikawa Street Unit A & B, Kailua Kona

$595,000

202517775 MLS ⋅ FS - Fee Simple Tenure ⋅ 363 DOM

New Improved Price! Rarely available large vacant lot in the Kaha’olino Subdivision. Lot 6 is a large 23,465 square foot lot at the end of a cul-de-sac with underground utilities. Improvements include a concrete driveway to the lot, rough grading and a retaining wall. At approximately 1,500’ elevation you will be greeted with cool ocean breezes and breathtaking ocean views. Conveniently located close to Kona International Airport, Honokohau Boat Harbor and Down Town Kailua Kona. Don’t miss this opportunity to build your custom dream home on this wonderful lot!

73-4282 Kiekie Street, Kailua Kona

Kailua Kona Real Estate

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