75-5521 KONA BAY DR KAILUA-KONA HI 96740

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For Sale: good Deal

Asking Price

$1,995,000

$499/sf

$10m/ac

Smart Price

$2,328,368

$582/sf

$11.6m/ac

Assessed Value

$1,828,800

$457/sf

$9.1m/ac

Welcome to this fun filled, custom built, luxury home in the gated, oceanfront community of Kona Bay Estates located in downtown Kona. With over 5,000 square feet underroof and 3 levels there is plenty of space to host and entertain guests.

Upon arrival you’ll be greeted by a grand staircase. Head downstairs to the ground level of the home to find all the fun including a covered lanai with multiple seating areas, a pool table, wet bar and swimming pool. Complete with a kitchenette the downstairs living area has its own entry and lives as a separate studio or serves as the perfect place to relax and cool off.

The second level of the home includes a living room, kitchen, dining, guest room and another room that’s currently being used as an office, but could be used as another sleeping room. The kitchen features custom cabinets, granite countertops and stone flooring. Just off the kitchen is a comfy dining area as well as a fully screened in lanai sitting area which makes the perfect place to enjoy morning coffee. For larger dinner parties there is a large, screened in dining lanai just off the living area.

The third level includes the master bedroom and 2 additional bedrooms. The oversized master bedroom is equally matched by an oversized master bath and private lanai to enjoy birds eye views of the ocean. A large walk in closet rounds out the luxuries in the master suite.

Home comes with a Short Term Vacation Rental (STVR) Permit allowing the owner to rent the property as a vacation rental. Permit is transferable.

Although this home is located within Kona Bay Estates, it is not part of the association and does not have to pay HOA dues. Home sold furnished. Kona Bay Estates features 24 hour security, underground utilities and direct access to the well known Baby Ponds beach and tidepools.

Seller may also be willing to sell adjacent lot.

The Basics
Status
For Sale
Property Type
House
Beds
4
Full Baths
3
Half Baths
1
Living Area
3,998 sf
Lot Size
0.2 acres
Days on Market
38
View
Ocean
Pool
In Ground, Outdoor
Land Tenure
Fee Simple
Financial
Tax Assessed Value
$1,828,800
Year Assessed
2020
Terms Acceptable
Cash, Conventional
Property Taxes
$1,691/mo
Parcel #
750050490000
Amenities
Inclusions
Dryer, Washing Machine, Dishwasher, Refrigerator, Range/Oven
Features
Ceilings-9'+
Land
Lot Number
44 & 36
Land Sqft
9,154
Elevation
3 ft
Latitude
19.63892604
Longitude
-156.00146405
Subdivision
KONA BAY ESTATES
Roads
Private, Paved
Zoning
RS-15 - Single-Family Residential District (minimum building site area of 15,000 square feet)
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
Building
Property Type
House
Beds
4
Full Baths
3
Half Baths
1
Pool
In Ground, Outdoor
Year Built
2002
Waste Water
Sewer-Connected
Water
Municipal
Power
Underground
Parking
Vehicle Storage
Assigned, Covered
MLS Data
MLS #
641556
Listing Agent
Leiola Augustine RB-20619
Brokerage
Keller Williams Realty Maui
Source
Hawaii Information Service
Listing Date
2020-08-24
Other
Contact Agent