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75-5521 Kona Bay Dr, Kailua-Kona, HI 96740

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For Sale

$3,798,000

4 beds • 3 baths • 1 half baths • 3,998 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • Newly Listed
    Time on Century 21

  • $949.97
    Price per square foot

  • 21-30 Years Old
    Age

Explore this Property

Seize the opportunity to acquire a custom-built, three-level luxury residence holding a transferable Short Term Vacation Rental (STVR) Permit, perfectly positioned within the exclusive, gated Kona Bay Estates in desirable downtown Kona. With over 5,000 square feet under roof, this property is impeccably designed to maximize guest enjoyment, hosting capacity, and rental revenue. A distinctive advantage is the property's unique status within a gated community that features underground utilities and close proximity to the pristine Baby Ponds beach and tidepools- with NO HOA dues. Its location places you steps from the ocean and just a short, easy stroll to Old Kailua Town for immediate access to dining, shopping, and vibrant town life. The ground level is a dedicated entertainment haven, featuring a covered lanai with multiple seating areas, a pool table, a wet bar, and private swimming pool. This level also includes a separate entry and a kitchenette, allowing it to function as a private guest studio. The second level provides the main living experience, complete with a comfortable living room, a large dining area, and kitchen equipped with custom cabinets, granite countertops, and stone flooring. This level includes a guest room, flexible room currently used as an office and full bath. You will appreciate the multiple screened lanais-one off the kitchen perfect for morning coffee, and a larger one off the living area for outdoor dinner parties. The third level, dedicated to private retreats. This floor hosts the oversized master suite, which features a grand master bath and its own private lanai for ocean and bay views. Two additional bedrooms with ensuite baths complete this level. The home's configuration allows for flexible use of space, providing ample capacity (up to 5 or 6 sleeping areas) to host large groups.
MLS# 725468

Courtesy Of Hawaii Beach and Golf Properties

(808) 880-1290

Property Features

  • Age
    21-30 Years Old
  • Amenities
    Security System, Security System, Cable Ready
  • Appliances
    Dishwasher, Dryer, Refrigerator, Washer
  • Floor Covering
    Carpet, Slate
  • Lot Size
    0.21 Acres

Map and Directions

Directions to 75-5521 Kona Bay Dr, Kailua-Kona, HI 96740

Home seller CENTURY 21 Island Homes

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Island Homes

(808) 773-8571
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Monthly Payment Breakdown

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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.