75-5442 KONA BAY DR KAILUA-KONA HI 96740

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For Sale: bad Deal

Asking Price

$3,990,000

$1,485/sf

$19.9m/ac

Smart Price

$3,205,281

$1,193/sf

$16m/ac

Assessed Value

$2,566,600

$955/sf

$12.8m/ac

Welcome to Akela Ka Hale Kai, also known as the "Lucky 42" at Kona Bay Estates.

This upscale, oceanfront home has been completely renovated and includes many custom features designed for your comfort and enjoyment, including all new furniture, beds, appliances, tubs, tile showers, plumbing and lighting fixtures.

Situated in the private gated community of Kona Bay Estates, this authentic home was originally designed by Hawaii's famous architect, Lucky Bennett, to capture the beauty of Hawaiian sunsets and cool ocean breezes. Slide open the three large pivot door systems where the full front of the house opens to face the ocean and blur the line between interior and exterior living.

This spacious home has 4 bedrooms with king beds, a bonus area with bunk beds and 3 1/2 baths. Chefs will enjoy the new executive kitchen with Sapelle wood cabinets, Miele appliances and a large island prepping area. The dining room boasts a custom-built Sapelle and Wenge wood table with seating for 8 with extra space on the adjacent island bar for 4. The lower spa bathroom has a walk-in shower complete with body sprays and a comfortable soaking tub. Upstairs there are two en-suite baths including a large soaking tub surrounded by lava stones.

The home is equipped with a central air-conditioning system, Wifi throughout, a built-in BBQ station, an outdoor shower and a long 50 x18 in-ground pool. Relax and enjoy incredible ocean views, brilliant sunsets, breaching whales (seasonal), playful dolphins and gentle sea turtles from the comfort of this home!

In addition, this property has an active STVR permit.

The Basics
Status
For Sale
Property Type
House
Beds
4
Full Baths
3
Half Baths
1
Living Area
2,687 sf
Lot Size
0.2 acres
Days on Market
21
View
Coastline, Mountain, Ocean, Ocean Horizon, Sunset
Pool
In Ground, Outdoor
Land Tenure
Fee Simple
Financial
Tax Assessed Value
$2,566,600
Year Assessed
2020
Terms Acceptable
1031 Exchange, Cash, Conventional
Oceanfront
Yes
HOA Fees
$1,050/mo
Property Taxes
$2,492/mo
Parcel #
750050420000
Amenities
Flooring
Hardwood
Inclusions
Dryer, Washing Machine, Disposal, Dishwasher, Freezer, Microwave, Refrigerator, Range/Oven, Range Hood
Internet
Cable, Wireless
Features
Ceilings-9'+, Sprinkler System-Exterior, Landscaped, Storage Area, Smoke/Heat Detector
Telephone
Cable, Cell, Land Line
TV
Cable
Fence or Wall
Rock/Stone
Heating/Cooling
Central, Air Conditioning
Land
Frontage
OceanFront, Rocky Beach
Lot Number
31
Land Sqft
9,845
Elevation
No data
Latitude
19.6411278
Longitude
-156.00637168
Subdivision
KONA BAY ESTATES
Roads
Private, Paved
Zoning
RS-15 - Single-Family Residential District (minimum building site area of 15,000 square feet)
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.
CC&Rs
Covenants, Conditions & Restrictions are rules that govern residences.
Yes
Recordation
Regular
Building
Property Type
House
Beds
4
Full Baths
3
Half Baths
1
Pool
In Ground, Outdoor
Year Built
1992
Waste Water
Sewer-Connected
Water
Municipal
Power
Underground
Trash Disposal
Private Contractor
Parking
Vehicle Storage
Attached
Garage Area
483 sf
MLS Data
MLS #
642373
Listing Agent
J. Douglas Beaton RS-62187
Brokerage
Hawaii Life
Source
Hawaii Information Service
Listing Date
2020-09-29
Other
Contact Agent