$1,650,000
 $8,858 est/mo Sourced by Back At You

73-1203 Ahulani St,Kailua Kona, HI 96740

Kailua Kona, HI 96740

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Description

Multi-Family & Investment Opportunity in Kailua-Kona! Rare opportunity to own two substantial homes on a beautifully landscaped half-acre property in the desirable Kona Coastview neighborhood of Kailua-Kona, Hawaii. Whether you are seeking a multi-generational living arrangement, long-term rental income, employee housing, or a flexible investment property, this unique offering provides exceptional versatility and value. The rear residence features approximately 2,936 square feet of living area with 4 bedrooms, 4 bathrooms, multiple levels, expansive living spaces, excellent natural ventilation, and three separate lanais designed to embrace Kona's year-round indoor-outdoor lifestyle. An additional lower-level area offers potential for a workshop, storage, hobby space, or covered parking. The front residence offers approximately 2,013 square feet with 3 bedrooms and 3 bathrooms, creating additional opportunities for rental income, extended family living, or guest accommodations. Both homes have recently benefited from roof upgrades, including new roofing, adding peace of mind for future ownership. Multiple tenants are currently in place, making this an attractive income-producing property from day one. The lush tropical grounds create a private island retreat, featuring producing avocado trees, apple bananas, pineapple, loquat, plumeria, and multiple varieties of mango. Enjoy fresh fruit from your own backyard while surrounded by mature tropical landscaping. Conveniently located near Kona International Airport, downtown Kailua-Kona, Alii Drive, shopping, restaurants, golf courses, and some of the Big Island's most beautiful beaches. Additional features include fee simple ownership, county water service, paved county roads, and no CC&Rs. A rare opportunity to own a versatile multi-family property with income potential in one of Kailua-Kona's most convenient locations.

Details

MLS #731260
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1979
Days On Site65
Listing Provided ByCOMPASS | Emil V Knysh

Features

Bed(s)7
Bath(s) 7 Total
SQ Feet4,949
ZoningA-5a
Acreage0.45

Taxes

Property15567

Area Information

StateHI
CityKailua Kona
Zip Code96740
AreaBig Island
Community NameKONA COASTVIEW SUBDIVISION
Listing VS Median (in KONA COASTVIEW SUBDIVISION)
Price:
$1,650,000
low | high
Med:
$1,675,000
48.484848484848% of Average
sqft:
4,949
low | high
Med:
3,930
70.590018185492% of Average
$ / sqft:
$333
low | high
Med:
$426
22.16323540751% of Average
On site:
65
low | high
Med:
62
100% of Average
Sourced by Back At You

Market Activity 96740

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Learn More About This Property

StateHI
CityKailua Kona
Zip Code96740
AreaBig Island
Community NameKONA COASTVIEW SUBDIVISION
Listing VS Median (in KONA COASTVIEW SUBDIVISION)
Price:
$1,650,000
low | high
Med:
$1,675,000
48.484848484848% of Average
sqft:
4,949
low | high
Med:
3,930
70.590018185492% of Average
$ / sqft:
$333
low | high
Med:
$426
22.16323540751% of Average
On site:
65
low | high
Med:
62
100% of Average
Sourced by Back At You
Listing Updated: July 1, 2026 at 8:13:30 AM PDT