75-5450 KONA BAY DR, KAILUA-KONA 96740

PROPERTY DESCRIPTION

$995.000.00 price reduction! This incredible ocean front estate property is priced to sell now at 4 million. Full set of Lucky Bennett Plans for addition included in the sale.

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.

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.

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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Listed By: Venture Sotheby's International Realty