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77-6300 Alii Dr Kailua-Kona
Property

6 Bd  3 Ba  2,314 sf  0.8 ac

133 days

$5.25M  Market $2.62M

$33K rebate

Assessed$1.89M
Market$2.62M
39%
Asking$5.25M
  1. HI
  2. Big Island
  3. North Kona

77-6300 Alii Dr Kailua-Kona HI 96740

Holualoa Bay is a legendary place in the Hawaiian Islands. It is one of the seven royal centers that existed on the Kona Coast prior to outside contact. Only royalty of the highest order gathered in this area as it was the center for religious and educational purposes along with chiefly residences. The spectacular turquoise waters in the bay, the excellent surfing and rich fishing grounds offshore make this a highly desired location. Kamehameha the Great, the most revered of Hawaiian Alii, learned to surf and glide with a canoe over the waves at Holualoa Bay in the 1770's. After his rise to power, he stored his war god, Kukailimoku, across the Bay at the Government preserved lands at Kamoa point. The ancient village here was called Kaluaokalani, heaven on earth.

This premier property is one of the most desirable oceanfront sites on the Kona-Kohala Coast. Previous land holders include Hawaiian Royalty of the highest order and the missionary family giving the land and the adjoining spectacular Bay its historic name, Lyman's Point and Lyman's Bay. This one of its kind property is situated on a low rise between two of Hawaii’s premier and internationally known surf spots, Banyans and Lymans. Directly across the Bay is Kamoa point where high ranking royalty were schooled by Kahuna in the governance of the Hawaiian Islands. The views of the multi colored turquoise Bay, the coconut grove at Kamoa point, the surf, and the most spectacular sunsets imaginable, combine to make this an oceanfront parcel of incomparable value.

Resort zoning for 27 units. Over two hundred and fifty feet of direct ocean frontage. The existing residences’ built in the 1950's are being transferred in their present condition.

This is a place imbued with Hawaiian history. If you are interested in a world class property, this could be your destination.

Financial

Status
for sale
Market Value
$2,623,577
Asking Price
$5,250,000
Assessed Value
$1,887,800
Year Assessed
2021
Terms
1031 Exchange, Cash
Oceanfront
Yes
Property Taxes
$1,586/mo
Parcel #
770040250000

The Basics

Status
For Sale
Property Type
House

Building

Property Type
House
Beds
6
Baths
3
Living Area
2,314 sf
Year Built
1957
Waste Water
Cesspool
Water
County
Power
Overhead
Trash Disposal
Private Contractor

Land

Tenure
Fee Simple
Frontage
OceanFront
Lot Number
3
Lot Description
None, Other (remarks)
Lot Size
0.8 acres (33,979 sf)
Elevation
No data
Latitude
19.60467745
Longitude
-155.97514806
Subdivision
HOLUALOA 3RD - KAUMALUMALU (BEACH SECTION)
Topography
Fairly Level
Roads
County, Paved
Zoning
V-1.25 - Resort-Hotel District (required land area of 1,250 square feet, for each dwelling unit, or for each separate rentable unit, or other similar rentable units)
Flood Zone
AE,VE
  • Zones beginning with “A” or “V” are high risk. There is at least a 1 in 4 chance of flooding during a 30-year mortgage.
  • Zones beginning with “B”, “C” or “X” are moderate-risk flood zones. The risk of flooding is reduced, but not completely removed.
  • Zones beginning with “D” have undetermined flood hazards or unstudied areas.
Lava Zone
Zone 4 - Includes all of Hualalai, where the frequency of eruptions is lower than that for Kilauea or Mauna Loa. Lava coverage is proportionally smaller, about 5% since 1800, and less than 15% within the past 750 years.
Land Use
Special Purpose

Parking

Vehicle Storage
Unassigned

Amenities

Flooring
Carpet, Ceramic Tile
Inclusions
Other (remarks)

MLS Data

MLS #
645199
Days on Market
133
Est. Commission
$157,500
Listing Agent
Kevin McCabe P(B) RB-14690
Brokerage
No data
Source
Hawaii Information Service
Listing Date
2020-12-11