Lono - Kona Subdivision Homes under $1.25 million

Lono - Kona Subdivision Homes under $1.25 million

Welcome to the enchanting Lono - Kona Subdivision, nestled in the heart of Kailua-Kona, Hawaii. This picturesque neighborhood offers a unique blend of tropical beauty, community spirit, and the laid-back lifestyle that makes island living truly special. With its stunning ocean views and lush landscapes, Lono - Kona is a paradise for those seeking a slice of paradise without breaking the bank.

Homes in this charming subdivision are available for under $1.25 million, making it an ideal choice for families, retirees, and investors alike. Each property boasts its own character, with many featuring spacious layouts, modern amenities, and outdoor spaces perfect for soaking in the Hawaiian sun. Imagine sipping your morning coffee on a lanai while listening to the gentle waves lapping at the shore—this is daily life in Lono - Kona.

The neighborhood is conveniently located near the vibrant Kailua-Kona town, where you can explore a variety of shops, restaurants, and local markets. Whether you're in the mood for fresh seafood, artisanal coffee, or unique souvenirs, you'll find it all just a short drive away. For outdoor enthusiasts, the nearby beaches offer excellent opportunities for snorkeling, surfing, and sunbathing, while lush hiking trails provide breathtaking views of the island's natural beauty.

Lono - Kona Subdivision is not just a place to live; it's a community where neighbors become friends and every day feels like a vacation. With homes under $1.25 million, this is an opportunity to embrace the Hawaiian lifestyle you've always dreamed of. Come and discover the magic of Lono - Kona today!

Newest Lono - Kona Subdivision Homes under $1.25 million

75-190 Alakai St, KAILUA KONA
$950,000
4 Beds ⋅ 5 Baths ⋅ 731426 MLS ⋅ ['Fee Simple'] Tenure
Investment Opportunity at 75-190 Alakai St. A Multi-Unit Property with Strong Rental Income & Value-Add Potential! Opportunity awaits with this income-producing multi-unit property in the heart of Kailua-Kona. Currently generating $7,250 per month ($87,000 annually) in rental income, this property offers immediate cash flow while providing significant upside for investors, contractors, or owner-occupants looking to increase value through renovations and improvements. The current layout includes: Upper Front Unit: 2 bedroom / 1 bathroom with kitchen and living area Upper Rear Unit: 1 bedroom / 1 bathroom with kitchen and living area Lower Unit: 1 bedroom / 1 bathroom Additional Rental Space: Separate room currently rented, plus five storage rooms and an additional bathroom offering flexibility for storage or other potential uses (buyers to conduct their own due diligence regarding permitted use). One of the property's biggest advantages is its generous lot with the potential to create additional off-street parking—an attractive feature that can add convenience and increase long-term value. Conveniently located just minutes from Historic Kailua Village, restaurants, shopping, grocery stores, schools, medical facilities, and the Kona waterfront, the property also offers quick access to Alii Drive, beaches, snorkeling, fishing, and outdoor recreation. Its central location makes it desirable for long-term tenants seeking easy access to employment, services, and everyday amenities. Whether you're looking to renovate and maximize rental income, build equity through improvements, or occupy one unit while generating income from the others, this property offers exceptional flexibility and investment potential in one of Kona's most convenient locations. Bring your vision and unlock the possibilities this rare multi-unit opportunity has to offer.

75-190 Alakai St, KAILUA KONA

Listing courtesy of Coldwell Banker Island Properties - Kona.

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