75-5471 Kona Bay Dr Kailua-Kona HI 96740

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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
21
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
D
  • 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!