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$1,150,000
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.

$1,699,000
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.

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