Island of Hawaii > North Kona > 75-5450 KONA BAY DR, KAILUA-KONA 96740

75-5450 KONA BAY DR, KAILUA-KONA 96740

North Kona | KONA BAY ESTATES
$4,950,000 FS MLS# 650648 | ACTIVE
  • HomeType
  • 2Bed
  • 3 FullBaths
  • 2,726SQ FT
  • 0.44ACRES
  • 1986Built

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    PROPERTY DESCRIPTION

    Kona Bay Estates is Kona’s premier residential gated oceanfront community. Located minutes from the heart of Kailua Kona Town, yet tucked away along the spectacular Kona Coastline. The privacy and oceanfront location make this property the perfect place to call home.

    This Lucky Bennet-designed home has never before been offered for sale. Situated on one of the most desirable direct oceanfront lots in Kona Bay Estates, this property can never be duplicated in its present configuration due to zoning and setback requirements. Enter the home across a Koi Pond with mature Koi greeting you and walk out to the stunning direct oceanfront views. This property boasts 365 days a year ocean sunsets and spectacular views of Mt Hualalai and Kailua Bay.

    The elevated parcel has a natural ocean blowhole directly in front of the property. This is gracious oceanfront living at its best. A large tropical gunite swimming pool and hot tub are surrounded by expansive lanais and lush mature landscaping overlooking the blue pacific ocean, dolphins, fishing boats, and seasonal whales.

    The home is designed for entertaining, the great room has floor-to-ceiling glass doors and opens up to the pool and lanai. The primary suite encompasses the entire second floor for ultimate privacy with a 2nd-floor oceanfront lanai and a spectacular ocean view for miles to the north and south. Substantial gourmet kitchen with pass-through windows to the oceanfront lanai makes entertaining easy and dramatic.

    This property is located near the north end of the Kona Bay Estates subdivision on a private road with almost no traffic. The lot is substantial at 19,299 sq ft and offers opportunities for expansion. To the north along the seawall the Old Airport State Park offers long beach walks,

    The property is currently an active STVR. Buyer can have existing rentals reservations transferred to them or can cancel reservations and take occupancy after the closing of escrow.

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    We are well known along the Kohala Coast for informed and experienced guidance—not only to buyers and sellers but to the development and investor communities as well.

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      Listed By: Venture Sotheby's International Realty

      Price $4,950,000 FS
      Bedrooms 2
      Bathrooms 3 Full
      Property Type Residential
      Interior Area 2,726 SQ FT
      Land Tenure Fee Simple
      MLS (Active) 650648
      LAND AREA 0.44 ac
      Annual Tax $7,274
      Year Built 1986
      Tax Key 3-7-5-5-39
      Days On Market 15
      View Ocean, Mountain, Ocean Horizon, Sunset
      Zone RS-15
      Price sq/ft $1,815.85
      Pool 1
      Assessed Value $1,403,700
      Previous Price $4,950,000

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      MLS listing information is deemed reliable but is not guaranteed by the service.

      Updated

      06/12/2021

      LET'S TALK

      We are well known along the Kohala Coast for informed and experienced guidance—not only to buyers and sellers but to the development and investor communities as well.

      CONTACT US

      LET US SHOW YOU THE BIG ISLAND

      INQUIRY