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$1,200,000
6 Beds ⋅ 3 Baths ⋅ 732085 MLS ⋅ ['Fee Simple'] Tenure
Permitted multi-unit opportunity in a convenient location close to Kailua-Kona, Ellison Onizuka Kona International Airport, and Waikoloa. This legal duplex offers exceptional flexibility for investors or owner-occupants, featuring two electric meters, separate washer and dryer hookups, generous locked storage for each unit, and ample on-site parking. The exterior was recently painted, and the roof was replaced approximately 2005-2006. Both units are spacious and offer excellent privacy. The upstairs unit is accessed via newly constructed stairs and a covered porch landing. It features 3 bedrooms, 2 bathrooms, a large covered lanai with ocean and coastline views, and a kitchen appointed with beautiful custom African mahogany cabinetry and a Sub-Zero refrigerator. The primary suite includes a walk-in closet, ensuite bathroom, and direct access to the lanai, which spans nearly the entire length of the home. The downstairs unit is accessed through the covered carport and offers 3 bedrooms, 1 bathroom, a spacious living area, and a functional layout ideal for long-term tenants, multi-generational living, or guests. Sliding doors open to a private backyard patio with a concrete lanai, creating an inviting outdoor living space. The spacious yard features a mature avocado tree and offers plenty of room for gardening, entertaining, grilling, a dog run, or creating your own outdoor oasis. The front and rear yards are separately fenced, providing added privacy and flexibility, while attractive rock walls border much of the property. Seller holds an inactive Hawaii real estate license.

73-1145 Loloa Dr, KAILUA KONA

Listing courtesy of Livingston Realty.

$1,499,500
6 Beds ⋅ 4 Baths ⋅ 732456 MLS ⋅ ['Fee Simple'] Tenure
Multiple living spaces, ocean views, major improvements already completed, and the ability to generate income, this beautiful property is a must see! Whether you're looking for an investment, a multi-generational home, or a home that can offset your monthly housing costs, this checks every box. Currently operating as an income-producing rental, the property is set up as three separate living spaces with a total of 6 beds and 4 baths. • UNIT A | UPPER LEVEL: 3 bedrooms, 2 bathrooms, spacious living area, full kitchen, and dedicated laundry room. Ocean views can be enjoyed from the living room and all three bedrooms. The primary bedroom includes its own private bathroom. • UNIT B | LOWER LEVEL: 2 bedrooms, 1 bathroom, full kitchen, and separate living room. • UNIT C | LOWER LEVEL: 1 bedroom, 1 bathroom, kitchenette, and separate living room. The property also includes a second laundry room and a 2-car garage, providing additional storage and convenience. The sellers have invested significantly in the property, including a brand-new roof and conversion from a cesspool to a fully permitted 1,250-gallon septic system. Other improvements include new vinyl windows, remodeled kitchens and bathrooms, updated cabinetry and countertops, new LVP flooring, upgraded electrical, an added laundry room, seamless gutters, fencing, exterior paint, paver walkways, landscaping, custom window treatments, and more. For an investor, three living spaces create multiple sources of rental income from one property. For an owner-occupant, live in one and rent the others to help offset ownership costs. For extended family, the separate kitchens, living rooms, bedrooms, and bathrooms provide the ability to live together while maintaining privacy. With the major improvements already completed and multiple ways to use the property, 75-5777 Milena Place offers an opportunity that's hard to duplicate, just minutes from downtown Kailua-Kona.

75-5777 Milena Pl, KAILUA KONA

Listing courtesy of eXp Realty.

$999,900
6 Beds ⋅ 4 Baths ⋅ 732389 MLS ⋅ ['Fee Simple'] Tenure
One large home split into (2) separate 3 bedrooms 2 bath living spaces or easily converted back to a large 6-bedroom, 4-bath single-family house. Completely renovated in 2021, this property will come with solid hosted vacation rental history and 4.9-star average Airbnb reviews. - Centrally located 5-minute drive to downtown Kona and beaches - 2024 gross- $60,500, 2025 Gross $53,700, 2026 current gross- $35,300 on front house ONLY. - Plenty of parking for 4 cars. 2 under the carport. Wide driveway to turn around before leaving the property. - Back Lanai has over 300 sqft. undercover with bbq area, extra seating, and optional lighting choices. - Front Lanai has over 400sqft and is covered by a louvered Pergola. A ceiling fan, USB ports, BBQ, and optional lighting make this a popular outside seating and dining area. - Fenced grassy yard complete with producing mango trees - Perfect 900ft elevation - Newer metal roof with special underlayment onto plywood with extra insulation and reflective heat barrier in attic keeps interior temps cool. - Over 2,000+ sqft of living area, plus 700 sqft of lanais, all on one level. No steps other than 5 leading to the backyard. Oversized lot for the neighborhood. - Seller-owned 36-panel photovoltaic system on NET metering. 10 years old with a 30-year warranty. Submeter for monitoring usage. - Brand new seamless gutters - 2 Large storage Sheds - Large walk-in tiled shower in back primary bedroom - 2 Primary bedrooms with private bathrooms - Low-maintenance granite and marble flooring - Massive back lanai perfect for morning coffee and enjoying your privacy - Rockwall and natural privacy fencing Buyer should independently research current and proposed STVR/TAR rules and regulations before purchasing

74-5042 Palani Rd, KAILUA KONA

Listing courtesy of KW Big Island.

$1,785,000
6 Beds ⋅ 5 Baths ⋅ 731684 MLS ⋅ ['Fee Simple'] Tenure
This is a large, 6 bedroom 5 bath home in an exclusive gated community. (Kula Kai Estates). The exterior and new solar roofing system is completed including all new windows. The home is weather-tight and ready for the new owner to select cabinetry, flooring, countertops, lighting, plumbing fixtures, paint colors and other interior finishes at buyer's cost. This is an exceptional and rare opportunity to create a personalized luxury residence without the time and expense of starting from the ground up. The new buyer has plenty of room to select exceptional interior finishings. The total Sq. Feet includes a large attached one-bedroom one bath ohana unit with open beam ceiling, a separate kitchen and a nice view of the swimming pool.

75-645 Kula Kai Pl, KAILUA KONA

Listing courtesy of Berkshire Hathaway HomeServices Hawaii Island 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..

$3,995,000
7 Beds ⋅ 7 Baths ⋅ 731600 MLS ⋅ ['Fee Simple'] Tenure
Set on just over two acres within Ooma Plantation, this striking 5,800± sq ft estate commands Pacific Ocean and coastline views while offering a refined island lifestyle defined by architectural mastery, scale, privacy, and luxury. Upon arrival through a custom curvilinear entry, breathtaking ocean and coastline vistas unfold. Seamless floor-to-ceiling sliding glass doors invite abundant natural light and ocean breezes, embodying Hawaiʻi’s celebrated indoor-outdoor living across expansive lanais surrounding an infinity-edge pool, spa, and outdoor shower. The estate features seven bedrooms and seven bathrooms, complemented by a private theater and an upper-level lounge with additional ocean-view lanais—ideal for entertaining or quiet retreat. Photovoltaic solar panels contribute to energy efficiency. Lava rock walls and mature tropical landscaping frame the property, creating a serene and private setting. Conveniently located near Kona International Airport and the dining, shopping, and recreational amenities of Kailua-Kona, this residence presents a rare opportunity to own a legacy ocean-view estate on the Gold Coast.

73-1425 Kukuna St, KAILUA KONA

Listing courtesy of COMPASS.

$1,595,000
8 Beds ⋅ 6 Baths ⋅ 731399 MLS ⋅ ['Fee Simple'] Tenure
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 with panoramic Ocean and Sunset views in a quiet neighborhood with convenient access to Kailua-Kona town and the Kohala Gold Coast. Both areas offer a variety of restaurants, shopping and beaches. North located home: The open-beam ceilings in the Great Room divide the two-bedroom suites, each with a walk-in closet, four-piece bathroom, sliding doors to private covered tiled lanais. Kitchen has bright white cabinets and appliances. Guest quarters have 2 bedrooms/1 full bath, wet-bar, cabinets, vinyl & tile flooring. West side windows w/ garden views. Separate entrances to the Storage Room and Laundry. Two storage buildings for yard tools and beach toys are towards the back of the property. South located home: Two car carport and laundry closet, new roof, open-beam ceilings, 3 bedroom & 1 ¾ bath. Updated Kitchen, bathrooms and tile floors. Covered Lanai the full length of the house on both levels. Guest quarters 1 bedroom/1 bath, updated bathroom, wet bar, cabinets, vinyl and tile flooring. The Kona Coast is known for year-round warm weather to enjoy World Class Fishing & Marlin Tournaments, Iron Man, Canoe racing, and it’s a golfer’s paradise! There is something for everyone: whether you desire a bare foot stroll along soft white-sand beaches, swimming in warm cleansing saltwater, or snorkeling and diving spots in protected coves, or just a spot to sit along the shore and listen to the waves and watch the sunset – Kona has it all! It is an amazing place to call home or enjoy a relaxing sunny vacation in the midst of the Aloha spirit and culture. All comments, data is provided by Seller, Buyer to confirm all & hold all parties harmless from any discrepancy data in the MLS and advertising, limited service-data entry Addendum

73-1153 Ahikawa St Unit A & B, KAILUA KONA

Listing courtesy of Nathalie Mullinix Realty Universal, Inc..

$1,650,000
7 Beds ⋅ 7 Baths ⋅ 731260 MLS ⋅ ['Fee Simple'] Tenure
Multi-Family & Investment Opportunity in Kailua-Kona! Rare opportunity to own two substantial homes on a beautifully landscaped half-acre property in the desirable Kona Coastview neighborhood of Kailua-Kona, Hawaii. Whether you are seeking a multi-generational living arrangement, long-term rental income, employee housing, or a flexible investment property, this unique offering provides exceptional versatility and value. The rear residence features approximately 2,936 square feet of living area with 4 bedrooms, 4 bathrooms, multiple levels, expansive living spaces, excellent natural ventilation, and three separate lanais designed to embrace Kona's year-round indoor-outdoor lifestyle. An additional lower-level area offers potential for a workshop, storage, hobby space, or covered parking. The front residence offers approximately 2,013 square feet with 3 bedrooms and 3 bathrooms, creating additional opportunities for rental income, extended family living, or guest accommodations. Both homes have recently benefited from roof upgrades, including new roofing, adding peace of mind for future ownership. Multiple tenants are currently in place, making this an attractive income-producing property from day one. The lush tropical grounds create a private island retreat, featuring producing avocado trees, apple bananas, pineapple, loquat, plumeria, and multiple varieties of mango. Enjoy fresh fruit from your own backyard while surrounded by mature tropical landscaping. Conveniently located near Kona International Airport, downtown Kailua-Kona, Aliʻi Drive, shopping, restaurants, golf courses, and some of the Big Island's most beautiful beaches. Additional features include fee simple ownership, county water service, paved county roads, and no CC&Rs. A rare opportunity to own a versatile multi-family property with income potential in one of Kailua-Kona's most convenient locations.

73-1203 Ahulani St, KAILUA KONA

Listing courtesy of COMPASS.

$8,875,000
20 Beds ⋅ 25 Baths ⋅ 730091 MLS ⋅ ['Fee Simple'] Tenure
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 is available.

75-5749 Alahou St Unit 25, KAILUA KONA

Listing courtesy of Pacific Realty Organization LLC.

$1,699,000
6 Beds ⋅ 4 Baths ⋅ 728468 MLS ⋅ ['Fee Simple'] Tenure
Discover a private tropical estate in desirable Kona Acres where luxury, flexibility, and income potential come together on one lush acre. Framed by ocean views and mature island landscaping, this exceptional property features a beautifully updated main residence, a separate pool house, and a DETACHED PERMITTED OHANA, offered fully furnished. The 4-bedroom, 3-bath main home showcases new luxury vinyl plank flooring, fresh interior paint, upgraded recessed lighting, and an open-concept design that captures ocean breezes and overlooks the resort-style pool. The spacious kitchen offers reverse osmosis filtration, a new refrigerator, and seamless indoor-outdoor living. Enjoy movie nights in the comfort of your living room with a home theater featuring an automated projector, retractable screen, and built-in surround sound. The primary suite includes a walk-in closet, ensuite bath, and private lanai, while two additional bedrooms are conveniently located down the hall. Outside, the solar-heated pool is surrounded by tropical gardens, papaya, loquat, white pineapple, and avocado trees. The pool house offers a private bedroom and full bath, creating an ideal guest retreat. Completing the estate is a fully remodeled detached 2-bedroom, 1-bath permitted ohana, offered fully furnished. The sellers took advantage of its income-producing opportunity, using it as a hosted Airbnb. Offering exceptional privacy, multiple living spaces, ocean views, and remarkable versatility, this is island living at its finest. Buyer and Buyer's agent to perform their own due diligence. Buyer & their agent to perform due diligence. Seller makes no guarantee of future allowance of the hosted STR.

73-4392 Punawele St, KAILUA KONA

Listing courtesy of eXp Realty.

$1,595,000
8 Beds ⋅ 6 Baths ⋅ 726148 MLS ⋅ ['Fee Simple'] Tenure
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 with panoramic Ocean and Sunset views in a quiet neighborhood with convenient access to Kailua-Kona town and the Kohala Gold Coast. Both areas offer a variety of restaurants, shopping and beaches. North located home: The open-beam ceilings in the Great Room divide the two-bedroom suites, each with a walk-in closet, four-piece bathroom, sliding doors to private covered tiled lanais. Kitchen has bright white cabinets and appliances. Guest quarters have 2 bedrooms/1 full bath, wet-bar, cabinets, vinyl & tile flooring. West side windows w/ garden views. Separate entrances to the Storage Room and Laundry. Two storage buildings for yard tools and beach toys are towards the back of the property. South located home: Two car carport and laundry closet, new roof, open-beam ceilings, 3 bedroom & 1 ¾ bath. Updated Kitchen, bathrooms and tile floors. Covered Lanai the full length of the house on both levels. Guest quarters 1 bedroom/1 bath, updated bathroom, wet bar, cabinets, vinyl and tile flooring. The Kona Coast is known for year-round warm weather to enjoy World Class Fishing & Marlin Tournaments, Iron Man, Canoe racing, and it’s a golfer’s paradise! There is something for everyone: whether you desire a bare foot stroll along soft white-sand beaches, swimming in warm cleansing saltwater, or snorkeling and diving spots in protected coves, or just a spot to sit along the shore and listen to the waves and watch the sunset – Kona has it all! It is an amazing place to call home or enjoy a relaxing sunny vacation in the midst of the Aloha spirit and culture. All comments, data is provided by Seller, Buyer to confirm all & hold all parties harmless from any discrepancy data in the MLS and advertising, limited service-data entry Addendum

73-1153 Ahikawa St Unit A & B, KAILUA KONA

Listing courtesy of Nathalie Mullinix Realty Universal, Inc..

$34,000,000
6 Beds ⋅ 7 Baths ⋅ 726361 MLS ⋅ ['Fee Simple'] Tenure
Property owners are extended the opportunity to apply to the Kukio Golf & Beach Club: an oceanfront private club with world class amenities including Tom Fazio designed 18-hole Championship Golf Course and 10-hole short course, two clubhouses with private dining, sports complex, ocean pursuits center, and a comprehensive indoor and outdoor spa. Gatehouse entry with 24-hour manned security.

72-3177 Punaloa Pl, KAILUA KONA

Listing courtesy of Kukio Properties.