Hawaii Living

72-3023 Kakapa Pl (Kona)

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Photo 1 of 72-3023 Kakapa Pl, Kona
Photo 2 of 72-3023 Kakapa Pl, Kona
Photo 3 of 72-3023 Kakapa Pl, Kona
  • Asking Price: $29,500,000
  • Beds: 3
  • Baths: 4.5
  • Living: 5,334 ft²
  • Land: 33,759 ft²
  • Built: 2005
  • Maint. (HOA) Fees: $2,284 / month
  • Property Taxes: $28,785 / month ?
  • Est. Mortgage: $141,494 / mo - adjust loan
  • Time Listed for Sale: 340 days
  • Status: Under Contract  ?
    (since Dec 02, 2025)
  • Tenure: Fee Simple
  • Buy without visiting ?
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72-3023 Kakapa Pl, Kona
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Description
Elegant and contemporary, K95 offers a modern interpretation of the pod-style estate that earned architect Shay Zak his renown. The Zak architecture devotion to thoughtful design and exquisite craftsmanship are evident throughout the home, which features a grouping of pavilions organized around an expansive main hale, creating the ideal balance of privacy and connection.

From the moment of entry, K95 draws the eye to striking ocean views. Its interior is characterized by luxurious details such as hand-honed limestone flooring from India, custom teak cabinetry, and gorgeous waterjet-cut tiles. Outdoors, a lanai with lounging and dining areas flows out to an infinity pool and a spa. Within the central hale, a perfectly appointed kitchen features ultra-luxury elements such as Calacatta Gold waterfall countertops. A sprawling great room with soaring ceilings and generous living and dining spaces is oriented to capture the ocean views. Walls of pocket doors disappear to erase the boundary between indoor and outdoor living. An additional suite with a full bath allows the possibility of use as a fourth bedroom, a home office, or a media room. Two detached guest hales, one with yet another ocean view, provide retreat spaces for family members or guests. Both have private lanais and tranquil outdoor shower gardens.

Looking out over Kapaka Bay, the primary bedroom suite boasts a spa-like bath with solid teak vanities, dual walk-in closets, a soaking tub, and a steam shower with bookmatched Calacatta marble slabs. Ipe decking surrounds the suite’s secluded outdoor shower and cold plunge pool. Just a short walk down the Mai Tai Trail from 72-3023 Kapaka Place leads to water sports in one of the island’s most picturesque bays, along with fine dining and the spa and fitness facility at the Kukio Golf and Beach Club.
For the discerning buyer, this exceptional home offers sophisticated island living, peace, and privacy in a coveted Kohala Coast location.
Recent Activity
  • Dec 02, 2025 Under Contract
  • Feb 18, 2025 Back to Active
  • Dec 27, 2024 Listed at $31,000,000
Recent Sales
(Kona)
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $0.43
  • Price / ft²: $5,531
  • Zoning: V-2.0
  • View: Bay, Ocean, Ocean Horizon, Sunset
  • Amenities: Dishwasher, Disposal, Dryer, Freezer, Gas Cooktop, Range, Range Hood, Refrigerator, Washer, Wine Cooler
  • TMK: 3720190140000
  • Tax Assessed Value: $25,766,100
  • Courtesy: Aloha Sotheby's Intl Realty - Hawai'i / 8088955455
  • MLS: 708951
About Kukio
  • Kona is the sunny west coast of the Big Island, making it the popular destination of tourists instead of the rainier Hilo side (see our weather data page).
     
  • In addition to new housing being built in existing Kona residential areas, especially Kailua-Kona, in the wake of the post 1950s tourism economy boom, recent years have seen new luxury master-planned communities like HualalaiKukio & Kohanaiki created as well.

Kona subdivisions include:
MLS properties and information provided herein is deemed reliable but is not guaranteed by the Hawaii Information Service, Inc. Listing Service. © 2025 Hawaii Information Service. All Rights Reserved. This website is for personal, non-commercial use only. Listings last updated on December 08, 2025.
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  • Asking Price: $29,500,000
Description
Elegant and contemporary, K95 offers a modern interpretation of the pod-style estate that earned architect Shay Zak his renown. The Zak architecture devotion to thoughtful design and exquisite craftsmanship are evident throughout the home, which features a grouping of pavilions organized around an expansive main hale, creating the ideal balance of privacy and connection.

From the moment of entry, K95 draws the eye to striking ocean views. Its interior is characterized by luxurious details such as hand-honed limestone flooring from India, custom teak cabinetry, and gorgeous waterjet-cut tiles. Outdoors, a lanai with lounging and dining areas flows out to an infinity pool and a spa. Within the central hale, a perfectly appointed kitchen features ultra-luxury elements such as Calacatta Gold waterfall countertops. A sprawling great room with soaring ceilings and generous living and dining spaces is oriented to capture the ocean views. Walls of pocket doors disappear to erase the boundary between indoor and outdoor living. An additional suite with a full bath allows the possibility of use as a fourth bedroom, a home office, or a media room. Two detached guest hales, one with yet another ocean view, provide retreat spaces for family members or guests. Both have private lanais and tranquil outdoor shower gardens.

Looking out over Kapaka Bay, the primary bedroom suite boasts a spa-like bath with solid teak vanities, dual walk-in closets, a soaking tub, and a steam shower with bookmatched Calacatta marble slabs. Ipe decking surrounds the suite’s secluded outdoor shower and cold plunge pool. Just a short walk down the Mai Tai Trail from 72-3023 Kapaka Place leads to water sports in one of the island’s most picturesque bays, along with fine dining and the spa and fitness facility at the Kukio Golf and Beach Club.
For the discerning buyer, this exceptional home offers sophisticated island living, peace, and privacy in a coveted Kohala Coast location.
    MLS properties and information provided herein is deemed reliable but is not guaranteed by the Hawaii Information Service, Inc. Listing Service. © 2025 Hawaii Information Service. All Rights Reserved. This website is for personal, non-commercial use only. Listings last updated on December 08, 2025.
    • Dec 02, 2025 Under Contract
    • Feb 18, 2025 Back to Active
    • Dec 27, 2024 Listed at $31,000,000
    • Kona is the sunny west coast of the Big Island, making it the popular destination of tourists instead of the rainier Hilo side (see our weather data page).
       
    • In addition to new housing being built in existing Kona residential areas, especially Kailua-Kona, in the wake of the post 1950s tourism economy boom, recent years have seen new luxury master-planned communities like HualalaiKukio & Kohanaiki created as well.

    Kona subdivisions include:
    Other Kona Homes
    $25,000,000
    72-1255 Puka Pa St
    7 Bds | 9 Ba
    6,203 ft²
    $23,500,000
    73-2210 Ala Kohanaiki
    6 Bds | 5.5 Ba
    6,670 ft²
    $19,327,000
    78-107-A Holua Rd
    8 Bds | 13 Ba
    8,913 ft²
    $16,500,000
    72-3119 Maniniowali Dr
    6 Bds | 6.5 Ba
    4,566 ft²
    You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
    Buyer and Seller have reached an agreement and are under contract. The sale may be subject to one or more contingencies.
    We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, our network of agents can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
    Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
    We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
    Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
    Other fees could be a special assessment, reserve contributions etc.
    DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
    Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
    Learn about property tax rates.