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Address Not Available By Request

Kailua-Kona, HI 96740
  • $1,600,000
  • STATUS: Active Under Contract
  • ON SITE: 22 Days
  • MLS #: 725117
Under Contract
UPDATED: 76 min ago
$1,600,000
  • 3
    BEDS
  • 0.26
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,862
    SQFT
  • $559
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2005
Area:

School Ratings & Info

Description

High-Income spacious two-story Vacation Rental in the Heart of Kailua-Kona Village with exceptional ocean/sunset views!Prime Commercial (CV10) Zoned Property just Block above Ali'i Drive. Ideal for residential, business, or mixed-use development (2,862 sq. ft. of total interior space).Discover one of Kona's most versatile and profitable investment properties! This centrally located free-standing building in Kailua-Kona Village offers both residential comfort and commercial potential; just steps from beaches, restaurants, shops, resorts and more!Income & Opportunity: - Proven high-income vacation rental: averaging $120,000 annually- Active and transferable STVR license- Commercial zoning allows flexible use: additional residential units, medical or business offices, or creative studio spacesUpper-Level Residence:- 1,538 sq. ft. of living space with central AC system as well as ceiling fans throughout- Spacious 3 bedrooms / 2 bathrooms- Expansive 462 sq. ft. covered lanai (porch) with stunning ocean and sunset views.- Bright living room with lots of natural light and more stunning sea/horizon views- Full kitchen, tiled dining area, and laundry roomLower-Level Space: - 1,324 sq. ft. of finished interior space- 3 large garage/studio bays with bathroom and laundry room- Additional expansive 480 sq. ft. private lanai (covered porch) with tropical garden views- Separate entrances, perfect for conversion into additional residential units, studios, or offices- Parking: 7 paved open spaces and driveway for easy access- Electric: Two separate 200-amp meters (upstairs & downstairs) for all your commercial/residential needsLive, work, and earn, all in one of Kona's most desirable and walkable locations...This property truly represents one of the best investment opportunities in Kailua Village today!

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© 2025 MLS Hawaii, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Aloha Kona Realty, Inc.. Data last updated: 2025-12-06T12:35:23.66.
www.alohakonarealty.com/homes/169898861
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Address Not Available By Request Kailua-Kona, HI 96740

  • Price: $1,600,000
  • Status: Active Under Contract
  • On Site: 22 Days
  • Updated: 76 min ago
  • MLS #: 725117
3
Beds
3
Baths
0
½ Baths
0.26
Acres
2,862
SQFT
$559
$/SQFT
2005
Built
Neighborhood:
North Kona
Area:
North Kona
Property Description
High-Income spacious two-story Vacation Rental in the Heart of Kailua-Kona Village with exceptional ocean/sunset views!Prime Commercial (CV10) Zoned Property just Block above Ali'i Drive. Ideal for residential, business, or mixed-use development (2,862 sq. ft. of total interior space).Discover one of Kona's most versatile and profitable investment properties! This centrally located free-standing building in Kailua-Kona Village offers both residential comfort and commercial potential; just steps from beaches, restaurants, shops, resorts and more!Income & Opportunity: - Proven high-income vacation rental: averaging $120,000 annually- Active and transferable STVR license- Commercial zoning allows flexible use: additional residential units, medical or business offices, or creative studio spacesUpper-Level Residence:- 1,538 sq. ft. of living space with central AC system as well as ceiling fans throughout- Spacious 3 bedrooms / 2 bathrooms- Expansive 462 sq. ft. covered lanai (porch) with stunning ocean and sunset views.- Bright living room with lots of natural light and more stunning sea/horizon views- Full kitchen, tiled dining area, and laundry roomLower-Level Space: - 1,324 sq. ft. of finished interior space- 3 large garage/studio bays with bathroom and laundry room- Additional expansive 480 sq. ft. private lanai (covered porch) with tropical garden views- Separate entrances, perfect for conversion into additional residential units, studios, or offices- Parking: 7 paved open spaces and driveway for easy access- Electric: Two separate 200-amp meters (upstairs & downstairs) for all your commercial/residential needsLive, work, and earn, all in one of Kona's most desirable and walkable locations...This property truly represents one of the best investment opportunities in Kailua Village today!
Exterior Features

Carport Area Units Square Feet Design Double WallWood Frame Exterior Area 1000 Exterior Area Units Square Feet Exterior Features Lighting Fencing Stone Garage Area 1324 Garage Area Units Square Feet Parking Features AttachedCoveredDetached Pool YN No Roofed Area 1800 Roofed Area Units Square Feet Topography Fairly Level View BayCityMountain(s)OceanSunset Window Features BlindsDrapes

Interior Features

Appliances DishwasherDisposalDryerRangeRefrigeratorWasherWasher/Dryer Stacked Bathrooms One Quarter 0 Bathrooms Three Quarter 0 Cooling Air ConditioningCentral AirWall/Window Unit(s) Flooring CarpetCeramic Tile Interior Features High CeilingsOverhead Door Levels Two Room Type Office Washer Dryer Type DryerStacked Washer/DryerWasher Water Heater Electric

Property Features

Agriculture Dedicated YN No Association Fee 0 Association Fee Frequency Monthly Business Type OtherProfessional/OfficeResidentialRetail Common Area Expenses YN No Common Interest None Easement DrivewaySewer Elevation Units Feet Flood Zone X Home Warranty YN Yes Internet Access Cable Land Tenure Fee Simple Lava Zone 4 Listing Terms 1031 ExchangeCashConventional Lot Features LandscapedSee Remarks Other Building Area Units Square Feet Ownership Full Pets Allowed Yes Property Sub Type Multi FamilyOfficeRetail Road Frontage Type Road/Street Roads CountyPaved Security Features Fire Sprinkler SystemSmoke Detector(s) Solid Waste Disposal Private Contractor Special Listing Conditions Fee SimpleStandard Structures YN Yes Tax Annual Amount 12972.68 Tax Key 375018090 Tax Year 2025 Total Monthly Fees 0 Unit Description Single Family Home Utilities Cable AvailableElectricity AvailablePhone AvailableSewer ConnectedWater Available Water Source Public Waterfront YN No Zoning CV-10

Listing information © 2025 MLS Hawaii, Inc. All rights reserved.
Listing courtesy of Coast Properties Ltd..


© 2025 MLS Hawaii, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Aloha Kona Realty, Inc.. Data last updated: 2025-12-06T12:35:23.66.
 
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Aloha Kona Realty, Inc.
75-5852 Alii Dr. V-14
Kailua Kona HI, 96740