75-5471 Kona Bay Dr Kailua-Kona HI 96740

For Sale: fair Deal

Asking Price

$1,250,000

$521/sf

$6.3m/ac

Smart Price

The price a seller should list their home for to give them the best chance of selling their property within the average DOM (days on market).

$1,750,205

$730/sf

$8.8m/ac

Assessed Value

The County assessed market value. Click to visit the County Tax Assessor's website to confirm the assessed value.

$1,014,200

$423/sf

$5.1m/ac

This property has a pending offer.

A contingent listing means a seller has accepted an offer from a buyer. In some cases, the seller will accept backup offers.

This resort-style 3 bed, 3 bath home is located in Kona Bay Estates, a premier subdivision known for its convenience and 24-hour security.
The house has gone through a modern transformation with over $200,000 upgrades since 2017 including a new A/C system and solar PV system.

Kona Bay Estates is the closest gated oceanfront community less than 1 mile from Famous Alii Drive in Kailua Kona. Once you enter the gates you’ll drive on the private 1-mile road lined by coconut trees. This Kona Bay residence is less than 50 feet from the ocean which yields beautiful sunset skies and the sound of lapping waves lulling you to sleep in the master bedroom. The home has three en suite bedrooms so everyone has their privacy. The gourmet kitchen leads to fun meals in the dining room or out on the tropically landscaped lanai. Enjoy the star covered skies from the outdoor jacuzzi or peace and quiet from the indoor spa in the master bath. Nearby inside the gate is the popular natural tide pool, the Keiki pond. Directly outside the community, is an aquatic center, newly renovated tennis courts, and a jogging track next to the oceanside picnic tables. Escape to Kailua Kona home full-time or part-time and a community that is a destination itself.

The area is also known for its prime location next to Thurston Estates (Late Paul Allen Estate) and King Kamehameha the Great's Ahu'ena Heiau, a historically significant and sacred temple representing PEACE and PROSPERITY. This is no doubt one of the best locations in Kailua Kona.

Rare Oceanside vacation home with a STVR (Short Term Vacation Rental License. Rental income by request.
22 - 5-star reviews.

The Basics

Status: Contingent/Under Contract
Property Type: House
Beds: 3
Baths: 3
Living Area: 2,398 sf
Lot Size: 0.2 acres
Days on Market: 27
View: Ocean, Sunset
Pool: Spa/HotTub
Unit Description: Single Family Home
Land Tenure: Fee Simple

Financial

Tax Assessed Value: $1,014,200
Year Assessed: 2020
Terms Acceptable: 1031 Exchange, Cash, Conventional
HOA Fees: $1,060/mo
Property Taxes: $412/mo
Parcel #: 750050430000

Amenities

Flooring: Ceramic Tile, Hardwood
Inclusions: Blinds, Dryer, Washing Machine, Disposal, Dishwasher, Microwave, Refrigerator
Internet: Cable
Features: Ceiling-Vaulted, Sprinkler System-Exterior, Smoke/Heat Detector
Telephone: Cable, Cell, Land Line
TV: Cable
Fence or Wall: Rock/Stone
Heating/Cooling: Air Conditioning

Land

Frontage

None, Almost Oceanfront

Lot Number

Land Sqft

7,525

Elevation

No data

Latitude

19.64034209

Longitude

-156.00455649

Subdivision

KONA BAY ESTATES

Topography

Fairly Level

Roads

Private

Zoning

RS-15 - Single-Family Residential District (minimum building site area of 15,000 square feet)

Flood Zone

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.

CC&Rs Covenants, Conditions & Restrictions are rules that govern residences.

Yes

Easements

Beach Access

Recordation

Regular

Building

Property Type: House
Beds: 3
Baths: 3
Pool: Spa/HotTub
Year Built: 2001
Waste Water: Sewer-Connected
Water: Municipal
Power: Underground
Trash Disposal: Included with Maintenance Fees

Parking

Vehicle Storage: Covered, Attached
Garage Area: 520 sf

MLS Data

MLS #: 645624
Listing Agent: Daisuke 'Kai' Ioh RB-19352
Brokerage: No data
Source: Hawaii Information Service
Listing Date: 2020-12-27

Other

Contact Agent

Buy through a Nalula Preferred agent for incredible service and a tremendous rebate of roughly $7,813 on the asking price of this property!