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$770,000
2 Beds 2 Baths 732132 MLS ['Fee Simple'] Tenure Kahaluu Reef BLDG.
Turnkey Vacation Rental Opportunity in the Heart of Kona! Welcome to 78-6665 Alii Drive #101, a proven, heavily booked short-term vacation rental just across the street from the Pacific Ocean. This desirable ground-floor condo offers easy access to world-class snorkeling, surfing, paddleboarding, and unforgettable Hawaiian sunsets. Ideally located just minutes from Keauhou Shopping Center, you'll enjoy convenient access to restaurants, shopping, a grocery store, movie theater, farmers market, golf, and more. Kona's beaches, outdoor adventures, and vibrant downtown are all within easy reach. Whether you're looking for a successful income-producing investment or your own island getaway, this turnkey property offers the perfect combination of location, lifestyle, and vacation rental income. Owners grossed $68,492 in 2024 and $83,149 in 2025. As of July 14th, 2026, the unit already brought in $44,970. The STVR permit is transferable to the new owner. Resort-Style Amenities in a low density complex. Enjoy the Kahaluu Reef common area amenities including a pool pavilion with an ocean view of Kahaluu Beach. Watch surfers ride the waves, host barbecues with family and friends or jump in the pool. The HOA fee covers trash, water, cable, exterior maintenance, and pool access

78-6665 Alii Dr Unit 101, KAILUA KONA

Listing courtesy of KW Big Island.

$199,000
1 Baths 731827 MLS ['Leasehold'] Tenure Kona Islander Inn BLDG.
This is a leasehold property. Incredible opportunity to own a turnkey, active short-term vacation rental in the heart of Kailua-Kona. Located on the third floor of the Oahu building at the Kona Islander Inn, suite #339 is a 372 sqft studio offering peaceful Plumeria garden views from its private lanai. Priced to sell, this unit features an established STVR track record with a 3-night minimum stay. Proven seasonal rates include a $140/night base rate. Step right into an operational investment asset or use it as your private tropical escape. The complex sits directly across the street from the ocean and is just steps from the historic dining, shopping, and entertainment along Alii Drive. Resort-style amenities include an in-ground pool, spa/hot tub, two BBQ grill areas, community laundry, and helpful onsite staff. The comprehensive $1,075/month maintenance fee completely streamlines your expenses by covering electricity, high-speed internet, cable TV, water, sewer, trash, and common area maintenance. This leasehold property is open to Cash or 1031 Exchange buyers, with furnishings negotiable. Pack your suitcase and take over this prime piece of Kona today. The information herein may contain inaccuracies and is provided without warranty of any kind. Agents and buyers must independently verify any info they deem material or important to their purchase or any offered price thereunder.

75-5776 Kuakini Hwy Unit 339, KAILUA KONA

Listing courtesy of eXp Realty.

$2,695,000
4 Beds 4 Baths 731565 MLS ['Fee Simple'] Tenure
Tucked along a private lane off Iole Road in North Kohala's historic Bond District, this 5.5-acre estate offers a rare combination of privacy, natural beauty, and country elegance. Surrounded by mature trees, lush gardens, productive macadamia orchards, and neighboring the 2,400-acre Iole Stewardship Center, the setting is peaceful and truly one of a kind. The thoughtfully designed single-level main residence offers three bedrooms, three full bathrooms, and a private office near the entry. A welcoming covered entrance and handcrafted wood front door create a warm first impression. Inside, cathedral ceilings, a gas fireplace, recessed art niches, and generous natural light enhance the home's inviting atmosphere. The spacious primary suite features multiple closets, dual vanity areas connected by a large walk-in shower, and direct access to a private outdoor shower. At the heart of the home, the kitchen is equipped with granite countertops, stainless steel appliances, a gas range, and an elevated breakfast bar. An enclosed lanai with expansive windows serves as an additional living space, overlooking the orchard and beautifully landscaped grounds. Complementing the main home is a versatile two-story guest house. The lower level features a kitchenette, dining area, full bathroom, spacious workshop with dual garage doors, and ample storage. Upstairs, a private guest bedroom and living area provide a private retreat complete with a large walk in closet and a covered lanai that captures distant ocean vistas and views of Haleakalā on neighboring Maui. The property is home to over 100 macadamia and fruit trees, creating an idyllic agricultural retreat. Additional features include an attached two-car garage, mudroom, carport, irrigation catchment system, custom storage shed, and access to a private water system. A rare North Kohala offering where craftsmanship, functionality, and the beauty of Hawaiʻi come together.

53-532 Iole Rd, KAPAAU

Listing courtesy of Hawaii Life.

$649,000
1 Beds 1 Baths 731964 MLS ['Fee Simple'] Tenure Sea Village BLDG.
Perched along the iconic Aliʻi Drive shoreline, this oceanfront 1-bedroom, 1-bath condo offers sweeping views of the sparkling blue ocean and the Kona coastline. Located in the sought-after Sea Village complex, this 698-square-foot unit provides a front-row seat to year-round ocean activity, from seasonal whale watching and dolphin sightings and passing boats, all enjoyed from the comfort of your private lanai. Extending toward the shoreline, the lanai creates the experience of being aboard a cruise ship, surrounded by the sights and sounds of the Pacific. Offered fully furnished and currently operating as an active Short-Term Vacation Rental, this fee simple condo presents an excellent opportunity as an investment property, vacation getaway, or full-time island residence. The open living and dining area flows seamlessly to the covered lanai, creating an inviting indoor-outdoor living experience that captures the refreshing ocean breezes and panoramic coastal scenery. The kitchen offers ample cabinetry and workspace, while the floor plan includes one spacious bedroom and 1 full bathroom, providing added convenience for owners and guests alike. Wake up to the sights and sounds of the Pacific and spend your evenings enjoying Kona's renowned sunsets as they paint the horizon. The oceanfront offers a peaceful island atmosphere just moments from the heart of historic Kailua-Kona. Sea Village is a well-maintained oceanfront community featuring a swimming pool, hot tub, barbecue area, tropical landscaping, and direct access to the coastline. Conveniently located just minutes from restaurants, shopping, beaches, farmers markets, and ocean activities, this property allows you to experience the best of the Kona Coast while enjoying the comfort of an established oceanfront community. Whether you're seeking a successful vacation rental or a second home, this oceanfront condo offers an exceptional opportunity to enjoy the Kona lifestyle.

75-6002 Alii Dr Unit 1203, KAILUA KONA

Listing courtesy of KW Big Island.

$1,049,000
5 Beds 3 Baths 731761 MLS ['Fee Simple'] Tenure
Welcome to this impressive & desirable 5bd/3ba + office home,, tastefully & comprehensively remodeled & updated at great expense in 2023. Ideally located at a comfortable elevation of approximately 1,250' in an established neighborhood within the confines of Captain Cook township, this special home overlooks an expansive & beckoning ocean view which can be enjoyed & appreciated from the living room, kitchen, main bedroom, a guest bedroom & west facing lanais. Some of the special features of the house & property include:- House:- * Owned 16 panel PV system with net metering. * A solar hot water system with roof mounted tank. * Additional rooms in the living area include an office & children's play room which could be repurposed. * Luxury vinyl flooring installed in 2023 in all rooms except the bathrooms which are tiled. * Kitchen counters & island are quartz while the bathroom vanities are marble. * High open beam ceilings. * All new appliances in 2023 with the exception of the range which is less than 6 years old. * The interior was painted in 2023 while the exterior including the roof was painted in 2024. * Plumbing & electrical systems updated in 2023. * Two west facing lanais. One serving the main bedroom & the other accessed from the living room. * Two car carport with plenty of storage area. * 100 sqft storage room under the house together with a large open space with access doors. Landscape:- * The landscaped area surrounding the house is completely fenced. * A large area of lawn for the children to play. * Plenty of room for raised garden beds and low profile fruit trees. * Mature lychee, mango and papaya. * A professionally constructed tree house for the children. The subject property is within a short drive of shopping, schools, hospital and essential services. Kailua-Kona & beaches are less than a 25 minute drive. Historic Kealakekua Bay is approximately a 10 minute drive.

82-6173 Kololeke Pl, CAPTAIN COOK

Listing courtesy of Sue Brown Realty and Associates.

$1,650,000
4 Beds 3 Baths 731802 MLS ['Fee Simple'] Tenure
Custom Ocean-View Home in Prestigious Kuakini Heights 4 Bedrooms | 3 Bathrooms | Heated Pool | Solar-Powered Nestled on a quiet cul-de-sac in the highly desirable Kuakini Heights subdivision, this exceptional 4-bedroom, 3-bath residence offers seamless indoor-outdoor living with sweeping Pacific Ocean and Kona coastline views. Mature tropical landscaping and lava rock walls frame the property, creating a private retreat just minutes from beaches, shopping, golf, dining, and the Walua Trail. Main Level Living Open-concept great room with vaulted open-beam ceilings and rich maple hardwood floors. Chef-inspired kitchen designed to capture ocean views, featuring abundant storage and ideal flow for entertaining Three bedrooms, including the primary suite, plus two full baths, offered partially furnished and an expansive covered lanai overlooking the ocean, perfect for morning coffee or sunset gatherings Lower Level Guest Suite Fully furnished private guest suite with full bath, wet bar/kitchenette, spacious entertainment area, and dining space with direct access to the pool and covered lanai—ideal for extended family, guests, or multi-generational living Outdoor Amenities Heated swimming pool Two covered poolside lanais plus a large covered lanai off the main living area Outdoor BBQ and wet bar for effortless entertaining Multiple outdoor living spaces showcasing dramatic ocean and coastline views Modern Upgrades & Convenience Fully owned 36-panel photovoltaic solar system with four backup batteries Level 2 EV car charging station Attached garage and dedicated laundry room This meticulously maintained home blends Hawaiian elegance with modern sustainability in one of Kailua-Kona’s most sought-after neighborhoods. Experience the lifestyle of true luxury island living.

77-360 Mele Pl, KAILUA KONA

Listing courtesy of Corcoran Pacific Properties.

$2,695,000
7 Beds 7 Baths 731726 MLS ['Fee Simple'] Tenure
Unprecedented opportunity to acquire this last available segment of the renowned Silver Oaks Ranch - all of the guest accommodations, and much more. Adventurous, independent travelers from all over the world, yearning to experience everything Kona has to offer from a different perspective, were warmly welcomed here for decades. Just minutes from the ocean and Kailua Village, turn down from Mamalahoa Highway onto an alluring private lane into another world. This is authentic country living, situated on 3.115 acres in sunny lower Kaloko. You can meet the resident dwarf goats and chickens, and watch the neighboring sheep and horses grazing happily across the boundary. 73-6039 MAUKA ROAD – see virtual tour: sites.listvt.com/mls/257106106 . OHANA DWELLING Over 5,000 square feet of interior/exterior living, including the lanai, pool deck and patio spa courtyard. Almost every room offers exhilarating coastal and sunset views. The multi-faceted great room is the centerpiece of this intriguing home, enhanced by cupolas and numerous skylights. Off to one end lie two of the former guest spaces, the Ocean View Suite and the Coast View Room. On the opposite end is the main living area with 2 bedrooms, 2 bathroom and a den - and a vast, versatile, office/multipurpose room. FARM DWELLING Affording bucolic ocean views over pasture land, the charming Ranch House Cottage (with a full kitchen, and a lanai swing and spa) is separated from the delightful Ranch View Cottage by the attached garage, with laundry facilities. GUEST HOUSE – STORAGE Privately hidden away, at the rear portion of the building, you will find the cozy Garden Cottage. The establishment of the 5-bedroom “Guest Ranch” was authorized by Special Permit SPP 00-28/1105. Planning Commission approval of an amendment (to omit Parcels 122 & 123, and continue the operation to only Parcel 70) would be required to resume offering guest ranch rentals.

73-6039 Mauka Rd, KAILUA KONA

Listing courtesy of McCourt Realty, Ltd..

$575,000
731300 MLS ['Fee Simple'] Tenure
11.5 acres just 15 minutes from downtown Hilo at approximately 1,500 feet elevation. This property offers a rare combination of privacy, water features, and long-term potential. With thoughtful opening of the view corridor, the property has the potential to reveal a sweeping ocean view, already visible from the road. The land includes a rustic jungle cabin that could potentially be reclaimed. What sets this parcel apart are its natural features. A real, accessible river runs through the center of the land, creating a beautiful and uncommon focal point, while a second river on the back boundary includes a waterfall feature. The back portion is true wilderness that backs up to the Hilo Forest Reserve. Native hapu’u, ohi’a, koa, and rose apple trees. A new gravel driveway provides improved access, and the setting offers a compelling blend of seclusion, water, elevation, and future possibility. This is a property for someone with a vision for creating something truly special in East Hawaiʻi. Information deemed reliable however may contain inaccuracies and is provided without warranty or guarantee of any kind. Agents and buyers must independently verify any information they deem material or important to their purchase or offer price.

2883 Kaiwiki Rd, HILO

Listing courtesy of Big Island Homes & Land Co., Ltd..

$92,000
731291 MLS ['Fee Simple'] Tenure
Discover the possibilities with this approx. one-acre, rim lot in Miloliʻi, offering a future homesite with stunning ocean views. Perched to capture cool ocean breezes and unforgettable sunsets, this raw parcel provides the opportunity to create your ideal island retreat. The unique rim lot topography offers flexibility in your future design, with the potential to access the property from either the upper or lower portion of the lot. Located near one of the Big Island's historic fishing villages, you'll enjoy a setting that blends Hawaiʻi's natural beauty with the peaceful charm of South Kona. Bring your vision and create the island lifestyle you've been dreaming of in this remarkable piece of paradise.

11 Milolii Rd, CAPTAIN COOK

Listing courtesy of eXp Realty.

$795,000
732024 MLS ['Fee Simple'] Tenure
Discover the potential of this 1.33-acre Kona coffee country property located off historic Old Mamalahoa Highway. Once a productive and well-maintained coffee farm, the property still features mature coffee trees along with established avocado trees waiting to be revitalized. While currently overgrown, this property offers an exciting opportunity to restore the former coffee orchard or create your own agricultural retreat. Open up the possibility of spectacular panoramic views overlooking Kailua Bay, the Kona coastline, and the Pacific Ocean with selective clearing. The property’s elevation provides the ideal setting to capture amazing ocean view, cool mauka breezes and fertile soil for farming. No CC&Rs Access will be from Mamalahoa Hwy Gentle to moderate slope Ideal elevation for Kona coffee Electric at Mamalahoa Hwy County water meter box at the property corner Sunset and year-round ocean views Located just off historic Old Mamalahoa Highway, you’ll enjoy the peaceful feel of country living while being only minutes from downtown Kailua-Kona, beaches, shopping, restaurants, and the harbor. If you’ve been searching for a property with character, history, and incredible upside, this is your chance to transform an overlooked gem into something truly special.

75-5222 Mamalahoa Highway, KAILUA KONA

Listing courtesy of Kou Hale Realty LLC.

$899,000
3 Beds 2 Baths 731276 MLS ['Fee Simple'] Tenure
If you are an ocean person, consider this newly upgraded redwood Beach Bungalow. This property is located in walking distance of Napo'opo'o Historic Beach Park, Manini Beach and Ke'ei Beach; and Bicycle pedaling distance Pu'uhonua National Park. . Play at the beach during the day and fall asleep to the sound of the lapping waves. Awesome Features: *Just certified in excellent condition by Topnotch. .THE SUMMARY IS ATTACHED AS AN ADDENDUM. MOST OF THE NOTED COSMETIC ISSUES HAVE BEEN CURED. * Clean Title Report * Wastewater certified by Dept. Of Health WWB *New refurbished roof. * The newly restored roof also doubles as a deck for viewing the Bay, sunset and the coastline. * The Redwood exterior has been refinished and emits a warm, lustrous glow. *There is a fire hydrant on the street fronting the property. This usually reduces fire insurance rates. * The lower level is ready to be created into your playroom, offices, workshop, pottery studio, or whatever you can imagine. * County records indicate it is a 2 bedroom and an office. The office has a closet and can be used as a third bedroom. * There are 6 ceiling fans * It is zoned to allow an Ohana unit(ADU), on the ground level, or possibly even another Additional Dwelling Unit . . * There is a warranty and service agreement for Termite Treatment with Terminix. * It is close to shopping, restaurants, the Kona Hospital, fire and police stations. * The well shaded lot keeps the environ cooler. *Tropical Foliage including Hayden Mango, Royal Poinciana, Kukui Nut, Noni, Katuk (edible shrub). * More privacy is enjoyed as the south boundary is State Conservation land. * Rinse off in the custom, outdoor, bamboo enclosed shower, after your morning swim in the Bay.

82-6284 Puuhonua Rd, CAPTAIN COOK

Listing courtesy of A Real Estate Concern of Hawaii Inc..

$1,575,000
3 Beds 4 Baths 731244 MLS ['Fee Simple'] Tenure
Beautifully remodeled 3-bedroom, 4-bath home featuring an open-concept floor plan, custom in-ground gunite swimming pool, and ocean views. Enter the home at the main level into a spacious great room that opens to a large covered lanai overlooking the backyard, custom pool, and beautiful ocean views. The lanai is also accessible from the primary suite, creating a seamless indoor-outdoor living experience. The main level features a primary suite with an en suite bathroom, a guest bedroom, and extensive updates throughout, including new vinyl plank flooring, fresh interior and exterior paint, new ceiling fans and light fixtures, and brand-new appliances. The lower level offers additional living space, a second primary suite with an en suite bathroom, and a bonus room ideal for a home office, hobby room, storage, or other flexible use. The lower-level suite also provides direct access to the backyard and pool area. The custom gunite pool is surrounded by a beautifully refinished pool deck and attractive lava rock walls, creating a private outdoor setting for relaxing or entertaining. An additional exterior bathroom with convenient access from the pool area adds to the home's functionality. This thoughtfully updated property offers flexible living spaces, indoor-outdoor living, and a desirable setting to enjoy Hawaiʻi's lifestyle.

76-6320 Leone St, KAILUA KONA

Listing courtesy of Redfin Corporation.

$595,000
2 Beds 2 Baths 729180 MLS ['Fee Simple'] Tenure Hale Kahakai Apartments BLDG.
https://show.tours/v/KWvkR3c Living in Hale Kahakai offers an exceptional oceanfront lifestyle centered around convenience and natural beauty. Located right next to the well-known Richardson Ocean Park, residents enjoy immediate access to one of Hilo’s premier swimming and snorkeling spots- famous for its fishing, surfing and frequent sea turtle sightings. It stands out as the only black-sand beach in the Hilo area, featuring a unique shoreline where the dark volcanic sand is heavily flecked with green olivine crystals. The park is a local favorite, especially famous for offering some of the best, most protected snorkeling conditions on the east side of the Big Island. Unit 402 boasts 2-bedrooms, 2 full baths and an incredibly spacious layout with over 1,000 square feet of living space. Fully remodeled in 2021, the home features a sleek, modern kitchen outfitted with premium quartz countertops, an elegant marble backsplash, a charming farmhouse sink, and contemporary gold accents. Say goodbye to dated popcorn ceilings—this home offers smooth, modern drywall and upgraded designer lighting throughout. The primary bedroom has an attached en-suite bathroom, while the second guest bedroom can be used as an office space, extended living room or sitting area. Unit 402 provides a relaxing sanctuary, and the large private lanai is perfectly set up for al fresco dining while listening to the ocean waves crashing on the shoreline. Complete with two full bathrooms that were transformed with beautiful custom tile work and new vanities. The complex itself embraces a relaxed, close-knit community vibe, complete with a community garden, manicured grounds, and pool! The building’s design and strict long-term rental policy enhance its appeal for those seeking stability & peace. Because short-term vacation rentals are prohibited, the complex maintains a quiet, residential atmosphere with friendly neighbors rather than a rotating door of tourists. Furnishings included.

2405 Kalanianaole Ave Unit 402, HILO

Listing courtesy of Iokua Real Estate.

$280,000
1 Baths 731984 MLS ['Leasehold'] Tenure Kona Islander Inn BLDG.
This is a leasehold property. Enjoy the convenience of in-town living at the Kona Islander Inn. This turnkey, leasehold studio is currently operating as a successful short-term vacation rental and features a private lanai overlooking the pool area, and beautifully maintained tropical landscaping. The unit offers a blend of modern and island-style furnishings, air conditioning, blackout drapes, a kitchenette, and everything needed for a comfortable island getaway. Resort amenities include a pool, hot tub, BBQ area, parking lot, trash service, and on-site laundry. Ideally located along Ali‘i Drive, the Kona Islander Inn is just a short walk to the ocean, Kailua-Kona town, restaurants, shops, and popular attractions. Monthly HOA fees include leasehold rent, water, electricity, basic cable, trash, and high-speed internet. Lease runs through 2079 with renegotiation scheduled for 2029. Buyers utilizing lending are welcome to submit offers.

75-5776 Kona Islander Inn Unit 201, KAILUA KONA

Listing courtesy of eXp Realty.

$765,000
731955 MLS ['Fee Simple'] Tenure
Build your dream home in the exclusive oceanfront community of Kohala Waterfront. The lot includes County-approved plans and an active permit. The build can commence immediately if started 6 months from July, 2026. Listen to spouting whales from your lanai while enjoying year round sunsets. This private enclave consists of only 50 custom homesites. The home is thoughtfully designed by architect Maziyar Rajaei, principal of Oculus Architect Design (hawaiioculus.com). Notable projects from Oculus are Hapuna Beach Residences and Hualalai Resort 1 & 2. The spacious floor plan features five bedrooms and four baths, with a main-level living area and a lower-level great room with kitchenette, providing exceptional flexibility for hosting family and guests. The design offers open concept living, twelve foot main ceilings, low maintenance landscape, salt water pool and oversized garage. Kohala Waterfront is ideally situated ten minutes from the world-class resort of Mauna Kea with convenient access to championship golf, white sand beaches, and oceanside recreation. A twenty five minute drive uphill reaches the cool temperatures of Waimea, where one can enjoy the Farmers Market, dining, and shopping. Kohala Waterfront is a well-managed community featuring beautiful landscapes and thoughtfully positioned homes. Whether envisioned as a primary residence, vacation retreat, or investment property, this premier lot presents a rare opportunity to own in one of Hawaii Island's most prestigious coastal communities.

59-108 Kihi Kihi Pl, KAMUELA

Listing courtesy of Corcoran Pacific Properties.

$699,000
731869 MLS ['Fee Simple'] Tenure
This 15,076-square-foot lot is ideal for a buyer ready to build, offering beautiful panoramic ocean and sunset views. Located in the upscale, gated community of Bayview Estates, the property is level, cleared, and construction-ready. Perched on a hillside at approximately 520 feet in elevation, a home built on this upper portion of the neighborhood will enjoy comfortable temperatures, refreshing island breezes, and gorgeous views. The lot backs onto a vacant parcel, enhancing privacy, and features a generous, flat building area bordered by rock walls on two sides, with additional rock walls lining the graded driveway—adding both structure and visual appeal. Its location at the end of a quiet cul-de-sac ensures minimal traffic and a peaceful setting. The property has already been surveyed, with topography and survey reports included, streamlining the development process. This is a rare opportunity to build on one of the few remaining lots in this highly desirable 99-lot community within the Keauhou Resort area, just minutes from shopping, dining, and a wide range of ocean and recreational activities.

78-6996 Ola Kino St, KAILUA KONA

Listing courtesy of KW Big Island.

$899,000
3 Beds 2 Baths 731646 MLS ['Fee Simple'] Tenure
Enjoy ocean views from this centrally located, well-maintained, 3 bedroom, 2 bath home in Kona Wonder View, just above KOA airport. Ideally situated between the Kohala resorts and downtown Kailua Kona, you'll enjoy idyllic sunsets and easy access to the island’s best sandy beaches. along with its proximity to everything West Hawaii has to offer. This single level home first welcomes you to its wraparound ocean-facing lanai, which invites you to relax in the mornings or unwind while taking in colorful Kona sunsets and refreshing trade winds. Step inside to an inviting living area that flows seamlessly into the kitchen, divided by a breakfast bar. Both spaces enjoy lovely ocean views. Behind the kitchen, a generous utility room offers abundant cabinetry for pantry and storage needs. The private primary suite is thoughtfully separated from the guest bedrooms and features dual sinks, granite countertops, luxury vinyl plank flooring, a glass-enclosed shower, and beautiful ohia wood accents. A custom ohia post adds island character to the guest bath, too, and ceiling fans throughout the home and lanai provide year-round comfort. Outdoor living continues with a rear deck, ideal for entertaining or enjoying the peaceful surroundings. The property is enhanced by mature citrus, coffee, and dragonfruit plantings, along with small animal enclosures for hobby farming or pets. A storage and utility closet is conveniently located in the large carport, and the the washer and dryer are tucked inside the closet. The driveway and carport are so large, it looks like a boat may be able to be parked there. Propane fuels the hot water system which helps keep electricity costs lower. Positioned on the Kona Coast, the home offers convenient access to ocean sports, golf courses, waterfront dining, shopping, entertainment, and medical facilities. This is a sought after neighborhood because of its location.

73-1134 Loloa Dr, KAILUA KONA

Listing courtesy of COMPASS.

$5,688,000
24 Beds 24 Baths 732045 MLS ['Fee Simple'] Tenure City View BLDG.
This exceptional property offers 24 fully renovated apartment units — twenty-one 2-bedroom and three 3-bedroom units — in the heart of Hilo. The building underwent a comprehensive $952,000 gut renovation in 2025, inside every unit, including new luxury vinyl plank flooring, new high-end cabinets, granite countertops, sinks and faucets, all new stainless steel refrigerators, stoves and range hoods, updated bathrooms with new vanities and lighting, new ceiling fans in all bedrooms and living rooms, and fresh interior paint throughout. The property is 100% leased with professional management in place and includes 28 on-site parking stalls. Located in downtown Hilo — the county seat and regional hub for UH Hilo, healthcare, and government employment — supporting deep, stable rental demand. A recent condo conversion at a comparable Hilo building validates an embedded condo-conversion exit as additional upside. This is a trophy, renovated asset in a submarket where fully stabilized investment properties are rarely available for sale and is truly "turnkey" for a buyer. 5.5% cap rate on stabilized income!

230 Kapiolani St, HILO

Listing courtesy of Coldwell Banker Realty.

$2,750,000
4 Beds 4 Baths 731844 MLS ['Fee Simple'] Tenure
This sprawling Kaumana estate is perched on over 13 acres of land, overlooking breathtaking coastal vistas. Located just minutes above Hilo, Hawaii - the property includes two separate parcels sold together, including a five Acre tree-lined vacant site providing added flexibility. Surrounded by over 100 acres of state forest preserve, this is a rare opportunity to experience near-town living and peaceful seclusion. The primary residence is a stunner, with sweeping views of the Ohia forests and Pacific ocean below. An expansive covered lanai and deluxe spa area keeps you connected to mother nature, while the home within provides a warm retreat on cooler evenings. A floor-to-ceiling stone fireplace anchors a comfortably furnished main living area. The kitchen here would impress any chef, with high-end Bosch appliances, granite countertops, and Sapele African mahogany cabinetry. Vaulted ceilings, porcelain tile floors, custom doorways, and countless other thoughtful details extend across this carefully engineered three bedroom home, with a layout that ensures maximum privacy for the primary suite, and direct exterior access for the ocean-facing portions of the residence. A separately built guest cottage features a basketball court, custom lava-rock grilling area, and a dedicated storage space - offering multiple lifestyle opportunities. The grounds themselves are a living, breathing extension of the estate’s design philosophy - stone pathways, custom lava formations, and stone lanterns help to fuse Japanese garden aesthetics with the surrounding native forests. Additional details: • Total of 4 bedrooms / 3.5 baths and 2,484 sqft • Expansive detached garage • Dual outdoor shower • Full fruit and edible plant orchard • Circular driveway and dual entry gates. • Connected to municipal water and the electrical grid. • Custom sound system throughout • Natural water features • Lava rock walls

3331 Kaumana Drive, HILO

Listing courtesy of COMPASS.

$988,000
3 Beds 3 Baths 731919 MLS ['Fee Simple'] Tenure
Rare renovation opportunity in McCoy Plantation Large 3 bedroom, 3 bath home ready for your vision and personal touches Covered Ocean View front lanai with expansive ocean view, listed as 489 sqft The primary suite could be an ocean view Ohana with 2 entrances from the front lanai. It has a stained glass window, walk-in closet and an ocean view bathroom with 2nd lanai access. Oversized 2 car garage has kitchen access, adjoining shop space, laundry hook-ups, a full bathroom and a man door to the sidewalk with ramp access. Extensive functional lower-level, listed as 880 sqft area with 2 private entrance, a 4th bath and more on an 880 sqft slab foundation. Composite back lanai with built-in bench, entrance to bedroom 3, spa hook ups and a ramp to the sidewalk and garage. The permit shows as 380 sqft 23 panel solar system with Tesla back-up battery installed in 2023 Desirable 1–acre lot with established tropical landscaping and mature fruit trees Excellent opportunity for you to clean and customize or renovate and resell Neighborhood supports high-in and luxury properties Enjoy ocean views and amazing sunsets in a very sought-after subdivision Sold as-is, in it's present condition. Seller financing may be available

82-5960 Wakida Dr, CAPTAIN COOK

Listing courtesy of eXp Realty.

$725,000
3 Beds 3 Baths 731907 MLS ['Fee Simple'] Tenure
Welcome to this charming island home in the heart of Kailua-Kona, where inviting curb appeal, and potential rental income come together. Centrally located in Kailua Kona, this property welcomes you with warmth and island charm from the moment you arrive. Inside, the versatile floor plan features multiple living areas with separate entrances, making it well suited for multi-generational living or rental income potential. While the home could benefit from some TLC and cosmetic updates, it's move in ready. Sellers have competitively priced the home to reflect the opportunity to add your own style. For added peace of mind, the home was professionally termite fumigated in April 2025 and comes with a warranty. The fully fenced and gated property offers privacy and security, while the yard is home to mature mango, avocado, and banana trees, creating your own tropical retreat. Enjoy the convenience of being just minutes from Kailua-Kona's beaches, shopping, dining, and everyday amenities while taking advantage of this home's unique layout. With a total of 3 potential rental spaces, every investor or savvy home owner should have this opportunity at the top of their list to see.

77-6512 Sea View Circle, KAILUA KONA

Listing courtesy of KW Big Island.

$1,250,000
3 Beds 2 Baths 729927 MLS ['Fee Simple'] Tenure
Welcome to your private island retreat in the exclusive gated community of Puu Lani Ranch. Situated at the ideal elevation for Kona’s most comfortable year-round climate, this exceptional estate offers peaceful luxury, breathtaking natural surroundings, and an unmatched sense of privacy. Set on a beautifully landscaped one-acre parcel, this spacious residence is designed for seamless indoor-outdoor living. Expansive lanais invite you to relax, entertain, and enjoy cool mountain breezes, spectacular sunsets, and unforgettable star-filled skies with virtually no light pollution. Surrounded by native beauty, you’ll experience the tranquility of country living while remaining just minutes from world-class beaches, golf, dining, shopping, the Kona International Airport, and all the conveniences of Kailua-Kona. Puu Lani Ranch is one of North Kona’s premier gated communities, offering miles of equestrian and walking trails, tennis and pickleball courts, an equestrian arena, and a welcoming community pavilion. Residents enjoy a peaceful lifestyle with larger estate lots, abundant wildlife, and panoramic views stretching from Hualālai to the Pacific Ocean. Whether you’re seeking a full-time residence, a second home, or a legacy property, this rare offering combines luxury, privacy, and the very best of the Big Island lifestyle. Experience cooler temperatures, quiet surroundings, and the true spirit of Hawaii, where every day feels like a retreat.

71-1689 Puu Kamanu Loop, KAILUA KONA

Listing courtesy of Real Broker.

$599,000
1 Beds 2 Baths 731766 MLS ['Fee Simple'] Tenure Kona Alii BLDG.
Live in the heart of Kailua-Kona at Kona Alii, where island living begins right outside your front door. Perfectly positioned along iconic Alii Drive, this bright and breezy one-bedroom, two-bath condominium offers the ultimate walkable lifestyle. Stroll to oceanfront restaurants, coffee shops, local boutiques, farmers markets, beaches, snorkeling, paddling, and year-round community events—all just moments away. Inside, the light-filled interior feels fresh, comfortable, and inviting, with floor-to-ceiling windows that capture tropical breezes and partial ocean views. Offered fully furnished and turnkey, the condo has been thoughtfully updated with brand-new luxury vinyl plank flooring, smooth ceilings with popcorn removed, new ceiling fans, and updated light fixtures, creating a clean, modern coastal feel that's ready to enjoy from day one. The spacious floor plan includes two full bathrooms, adding flexibility for guests, while the covered lanai invites you to slow down and savor the Kona lifestyle—morning coffee with tropical breezes, the relaxing sound of the surf in the distance, and colorful sunset skies that paint the evening over the Pacific. Kona Alii is a secure, well-maintained concrete building featuring controlled elevator access, covered owner parking, ample guest parking, a resort-style pool and BBQ area, plus a rooftop sunset deck with panoramic Pacific Ocean views. Monthly maintenance fees include hot water, water, sewer, trash, cable TV, building insurance, and common area maintenance, making ownership easy and convenient. Whether you're searching for a full-time residence, a vacation retreat, or an investment opportunity, this move-in-ready condo offers an unbeatable combination of comfort, convenience, and one of downtown Kona's most desirable locations. Here, the best of island living is just outside your door—from morning swims and ocean adventures to sunset dinners, live music, and evening strolls along Alii Drive.

75-5782 Kuakini Highway Unit 608, KAILUA KONA

Listing courtesy of COMPASS.

$340,000
1 Beds 1 Baths 731956 MLS ['Leasehold'] Tenure Kona Makai BLDG.
This is a leasehold property. Incredibly special and rare offering at Kona Makai — this top-floor unit with a spacious loft is STVR-CERTIFIED and an extremely successful vacation rental with a history of strong, consistent guest reviews. This is a proven income-producing property, not a hypothetical opportunity. One of the most valuable features is the installed split air-conditioning system, a very rare and highly sought-after upgrade in Kona Makai that dramatically enhances guest comfort and rental demand. The large loft functions as a true second sleeping area, allowing the unit to comfortably sleep up to six guests, maximizing flexibility and rentability. Beautifully decorated and exceptionally spacious, the unit enjoys ocean views from both the main lanai and the loft, creating an elevated island experience that guests consistently rave about. Kona Makai is a beautifully maintained, highly desirable oceanfront community located on iconic Alii Drive. Resort-style amenities include lush tropical landscaping, an oceanfront pool and spa, sunny lounging areas, two fitness rooms, gas BBQ and dining areas, tennis courts, ping-pong, ample parking, and nighttime gated security. Monthly maintenance fees include water, landscaping, resident manager, trash service, pool maintenance, cable TV, and high-speed internet (500+ Mbps) — a significant value add for both owners and guests. This is a turn-key, STVR-approved, high-performing vacation rental in one of Kona’s most sought-after oceanfront complexes — a rare opportunity that checks every box for lifestyle, income, and long-term value

75-6026 Alii Dr Unit 5305, KAILUA KONA

Listing courtesy of Knutson & Associates.