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78-6649 Alii Dr, KAILUA KONA
$4,450,000
8 Beds ⋅ 8 Baths ⋅ 731542 MLS ⋅ ['Fee Simple'] Tenure
Rare opportunity to acquire a turnkey, multi-unit income property on three contiguous resort-zoned parcels (V-1.25) across from Kahaluu Beach Park. This cohesive surf-inspired compound operates as both short-term rental (STVR) and long-term residential, with immediate expansion potential. The Portfolio: Kahaluu Surf Boutique: Four-unit apartment building (4,348 sqft) fronting Alii Drive Kahaluu Surf Lodge: 2bed/2bath main house (upstairs), 1bed/1bath downstairs unit, and a separate owner’s studio. Expansion lot: Vacant 4,648 sqft parcel (easement access) for parking, pool, or additional structures All three parcels are resort-zoned, allowing exceptional flexibility for hospitality operations, short-term rentals, and future development. Consistent, beach-forward design creates a unified guest and tenant experience. Positioned near one of Kona's premier snorkel and surf destinations. Strong performing asset with significant upside through operational optimization, brand development, and expansion. Rare zoning and contiguous ownership represent long-term appreciation potential. PARCEL DATA: TMK 3-7-8-14-10: 4,348 sf (Apartments) TMK 3-7-8-14-9: 10,125 sf (Lodge) TMK 3-7-8-14-20: 4,648 sf (Vacant/Expansion) Zoning: V-1.25 Resort-Hotel District

78-6649 Alii Dr, KAILUA KONA

Listing courtesy of For Sale By Owner HIMLS. Selling Office: .

78-6604 Alii Dr, KAILUA KONA
$2,750,000
3 Beds ⋅ 3 Baths ⋅ 728047 MLS ⋅ ['Fee Simple'] Tenure
Oceanfront 3 bedroom 3 bathroom home with million dollar views and a spacious pool! A good size lot with lava rock wall and tropical landscaping. The main level has 2 bedrooms, 2 bathrooms, with an open concept area. The lower level has its own separate entry, sits below the house, and is a 1 bedroom, 1 bathroom with living room and kitchenette. The house is between two of the best known spots on Alii Dr - Magic Sands Beach and Kahaluu Bay. It's close to Keauhou Shopping Center or take a ride down Alii Drive to downtown Kona's restaurants and shopping. Some Notable Features of the home: *Quartz counter tops in kitchen and bathrooms. *All three bathrooms were updated in the past 6 years. *Luxury vinyl water proof flooring in upper level bedrooms and bathroom, and throughout most of lower level. *New roof, skylights, and exhaust fan installed in 2022. *Lower level kitchenette updated in 2022. *Large lanai overlooking pool and ocean. *2 car enclosed garage with storage. *Tiled pool with stone decking. *And much more! *Active vacation rental with STVR permit. Here is an unbranded video link of the home: https://vimeo.com/ahibirdmedia/review/782714958/e5aa423be5*

78-6604 Alii Dr, KAILUA KONA

Listing courtesy of Aloha Kona Realty Inc.. Selling Office: .

78-6666 Alii Dr, KAILUA KONA
$1,400,000
1 Beds ⋅ 2 Baths ⋅ 730361 MLS ⋅ ['Fee Simple'] Tenure
Price Improvement! Rare opportunity on the coveted makai side of Aliʻi Drive in an area steeped in Hawaiian history and culture. Positioned along the shoreline of Kahaluʻu Bay, this 2-story, 1-bedroom, 2-bath home offers an authentic Kona coastal experience with panoramic ocean views, year-round sunsets, and a front-row view of surfers riding the waves at Kahaluʻu. The upper-level primary suite serves as a private retreat, with French doors opening to an ocean-view lanai overlooking the bay and the surf break below. Designed to capture the trade winds and sea breezes, the space features expansive ocean views that provide a stunning backdrop from morning through sunset. A dedicated work area, generous closet storage, and private bath complete the suite. The main level offers a flexible layout designed for guests and everyday living, with a welcoming entry and full bathroom. The living area includes a built-in entertainment cabinet, Murphy bed, and sleeper sofa, allowing the space to easily adapt for additional visitors while maintaining a clean, functional feel. Two sliding doors open to a lanai with ocean views, bringing in natural light and capturing the coastal setting from the main living area. The kitchen is efficiently designed with an eat-in island, pantry, glass-top range, microwave hood, refrigerator, and dishwasher (sold as-is), offering everything needed for simple island living. Just minutes from Keauhou Shopping Center, the location balances everyday convenience with direct access to the Kona coastline. Bike lanes along Aliʻi Drive support an active outdoor lifestyle centered around the ocean, and the surrounding shoreline makes it easy to spend time walking, running, or simply being near the water. The home itself is compact but comfortable, well suited for those drawn to life near the coast.

78-6666 Alii Dr, KAILUA KONA

Listing courtesy of Arabel L Camblor Realty. Selling Office: .

78-6633 Alii Dr, KAILUA KONA
$1,306,000
2 Beds ⋅ 3 Baths ⋅ 724125 MLS ⋅ ['Fee Simple'] Tenure
Designed for indoor/outdoor living, This open & Airy Bungalow-Beachhouse is located across the street from the Kona shoreline and steps away from Kahaluu Beach Park. Featuring a Chef's kitchen, spacious, covered and open lanai for dining and sunbathing, and a large enclosed above ground pool for a nice cool down. Kitchen boasts Travertine flooring, vaulted ceilings, Koa cabinetry, and Van Gogh granite tops with Teal & Aqua blue coloring and orange, burgundy, and white veining. Master bedroom has its own walk in shower and is accessed from the living area. The second bedroom has its own bath, separate driveway, one car enclosed garage, and separate entrance for privacy. It can also be accessed from the upper lanai. Plenty of room behind house in covered area to add extensions to house or accommodate a boat. Approximately 2 miles South of White Sands Beach, the largest beach in Kona. The house is a popular short term vacation rental having had several upgrade over the past few years.

78-6633 Alii Dr, KAILUA KONA

Listing courtesy of Hawaii Sunsets Realty, Inc.. Selling Office: .

78-216 Makolea St Unit 21, KAILUA KONA
$450,000
2 Beds ⋅ 2 Baths ⋅ 729359 MLS ⋅ ['Fee Simple'] Tenure ⋅ Makolea BLDG.
This successful vacation rental offers a private lanai where you can soak up the serene tropical ambiance. The unit is fully furnished and features 2 bedrooms and 2 bathrooms, with a convenient washer and dryer in-unit. Located on the quiet side of a small, professionally managed complex, it provides a peaceful retreat while still being close to the action. Enjoy access to a community pool and barbecue area, enhancing your relaxation and entertainment options. The condo is just a short distance from the renowned Kahaluu Beach, Keauhou Shopping Center, and various shops, a movie theater, clothing stores, and restaurants. This property combines everything you need for an ideal vacation in Kailua Kona on the Big Island, all at a price that is sure to attract interest. Don’t miss out on this opportunity to own a slice of paradise! Monthly AOAO fees covers building insurance, grounds, pool, exterior, trash, water and internet is discounted.

78-216 Makolea St Unit 21, KAILUA KONA

Listing courtesy of First Island Realty, LLC. Selling Office: .

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