Kailua-kona, HI 96740,75-5521 KONA BAY DR
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Kailua-kona, HI 96740,75-5521 KONA BAY DR,Video Tour
Kailua-kona, HI 96740,75-5521 KONA BAY DR
Kailua-kona, HI 96740,75-5521 KONA BAY DR
Kailua-kona, HI 96740,75-5521 KONA BAY DR
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$ 3,798,000
Est. payment /mo
Active

75-5521 KONA BAY DR Kailua-kona, HI 96740

4 Beds

4 Baths

3,998 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,998 sqft

Price per Sqft $949

Subdivision Kona Bay Estates

MLS Listing ID 725468

Bedrooms 4

Full Baths 3

Half Baths 1

HOA Y/N No

Year Built 2002

Annual Tax Amount $30,017

Tax Year 2025

Lot Size 9,154 Sqft

Property Sub-Type Single Family Residence

Source Hawaii Information Service

Land Area 9154

Property Description

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.

Location

State HI

County Hawaii Island (big Island)

Community Kona Bay Estates

Area Hi

Zoning RS-15

Region North Kona

City Region North Kona

Interior

Interior Features Enclosed Lanai

Flooring Carpet, Slate

Window Features Blinds

Appliance Dishwasher, Disposal, Dryer, Refrigerator, Washer

Exterior

Parking Features Attached, Covered

Garage Spaces 2.0

Pool Gunite

Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Connected, Underground Utilities

View Y/N No

Garage Yes

Private Pool Yes

Building

Unit Features Single Family Home

Others

Ownership Full

Acceptable Financing 1031 Exchange, Cash

Listing Terms 1031 Exchange, Cash

Special Listing Condition Fee Simple, Standard

Virtual Tour https://my.matterport.com/show/?m=QYU69UXzvVj&brand=0


Hawaii Information Service (HIS)
Listed by Better Homes and Gardens Real Estate Island Lifestyle
Chloe Marino

Chloe Marino

Agent | License ID: RS-82751

+1(808) 745-5255

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75-5521 KONA BAY DR