75-5491 KONA BAY DR KAILUA-KONA HI 96740

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Seller motivated

Asking Price

$1,850,000 $1,650,000

$360/sf

$2.8m/ac

Smart Price

$1,829,769

$399/sf

$3m/ac

Assessed Value

$1,614,800

$352/sf

$2.7m/ac

Welcome to Kona Bay Estates residence where your dream Hawai'i lifestyle will become a reality.

This residence has over 26,000 sqft of land, the largest in the subdivision, with TWO legal homes. There are a total of seven bedrooms with over 4,580 sqft. living area which is enough to comfortably entertain and accommodate a large family or guests.
The main house has the approved STVR license. This one-of-a-kind estate can be used as a primary residence, second home, long term rental and/or vacation rental. Its potential is limitless.

HIBISCUS (THE MAIN HOUSE)
* 2,862 Sqft
* Master Bedroom on the ground floor
* 4 bedroom and 3.5 baths plus a loft
* Split AC in each bedroom
* Three car garage
* Vaulted Ceiling at living room
* Total of 918 sqft covered lanai space.
* Spacious Wrap around lanai on second floor
* Laundry room

PLUMERIA (THE GUEST HOUSE)
* 1,722 Sqft
* 3 Bedroom and 2.5 Baths
* Total of 992 sqft covered lanai space
* Spacious wrap around lanai on second floor

OTHER FEATURES
* Beautifully landscaped
* A Dipping POOL
* Generous parking space
* Sewer connected
* Gated subdivision with 24/7 security guard
* Raised lot to avoid any effect of high tide
* Fully Furnished with few exclusions.

The Kona Bay Estates subdivision is known for its convenience and 24 hour security. In a quick 10-15 minute walk from the lot, you will reach a diverse array of restaurants and shops, and the famous Keiki Beach is only a minute walk.
The second row location offers a gorgeous oceanfront lifestyle without any without any worries of ocean sprays or high tides. Upon arriving on the lot, the sound of gentle rolling waves and the kiss of the soft breeze will welcome you with aloha.

Dig your feet into the sand, admire the stunning sunset, and reach for the ever extending sky - now THIS is what life in Hawai’i is all about.

The Basics
Property Type
House
Beds
7
Full Baths
5
Half Baths
2
Living Area
4,584 sf
Lot Size
0.6 acres
Days on Market
194
Pool
Concrete/Gunite
Land Tenure
Fee Simple
Financial
Tax Assessed Value
$1,614,800
Year Assessed
2019
Terms Acceptable
1031 Exchange, Cash, Conventional
Monthly HOA Fees
$1,060
Monthly Taxes
$1,512
Parcel #
750050460000
Price Direction
Price Reduced
Amenities
Appliances
Disposal, Dishwasher, Microwave, Refrigerator, Range/Oven
Flooring
Carpet
Inclusions
Dryer, Washing Machine, Disposal, Dishwasher, Microwave, Refrigerator, Range/Oven
Internet
Cable
Features
Ceiling-Vaulted, Sprinkler System-Exterior, Landscaped
Telephone
Cable, Cell, Land Line
TV
Cable
Washer/Dryer
Dryer, Washer
Heating/Cooling
Split/Zoned
Land
Frontage
None, Road/Street
Lot Number
8
Land Sqft
26,337
Elevation
1 feet
Latitude
19.63953512
Longitude
-156.00322838
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
Building
Property Type
House
Beds
7
Full Baths
5
Half Baths
2
Living Area
4,584 sf
Pool
Concrete/Gunite
Year Built
1990
Waste Water
Sewer-Connected
Water
Municipal
Power
Underground
Parking
Vehicle Storage
Attached, Other (remarks)
MLS Data
MLS #
635803
Listing Agent
Daisuke 'Kai' Ioh RB-19352
Brokerage
Venture Sotheby's International Realty
Source
Hawaii Information Systems
Listing Date
2020-01-13
Other
Knowledge = Power
Know your inventory before making an offer.