Hawaii Living

75-5450 Kona Bay Dr (Kona)

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75-5450 Kona Bay Dr, Kona
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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
Past Activity
  • Apr 29, 2022 Sold for $4,075,000
  • Mar 23, 2022 Under Contract
  • Jun 09, 2021 Listed at $4,950,000
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $0.41
  • Price / ft²: $1,495
  • Zoning: RS-15
  • View: Mountain(s), Ocean, Ocean Horizon, Sunset
  • Security Features: Closed Circuit Camera(s), Gated Community, Key, Security Guard
  • Amenities: Convection Oven, Dishwasher, Disposal, Double Oven, Dryer, Freezer, Gas Cooktop, Indoor Grill, Microwave, Oven, Range, Range Hood, Refrigerator, Washer
  • TMK: 3750050390000
  • Tax Assessed Value: $1,403,700
  • Courtesy: Venture Sotheby's International Realty / 8089377462
  • MLS: 650648
About Kona Bay Estates
Kona Bay Estates stands as one of Kailua-Kona's most prestigious and sought-after addresses, offering an unparalleled oceanfront lifestyle within an exclusive, gated community. With approximately 45 homesites, residents enjoy both privacy and peace of mind in a truly idyllic setting that is right in central Kailua-Kona town.

Kona is filled with history, these lands once holding Ancient Hawaiian settlements, remnants of which can still be witnessed today. These lands were home to Kamehameha I, who united the Hawaiian Islands and made Kailua-Kona the capital of his kingdom. Kona's landscape t

  ... Read more
MLS properties and information provided herein is deemed reliable but is not guaranteed by the Hawaii Information Service, Inc. Listing Service. © 2026 Hawaii Information Service. All Rights Reserved. This website is for personal, non-commercial use only. Listings last updated on February 01, 2026.
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  • Sold 4/29/22 at $4,075,000
    (List Price: $3,950,000)
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
    MLS properties and information provided herein is deemed reliable but is not guaranteed by the Hawaii Information Service, Inc. Listing Service. © 2026 Hawaii Information Service. All Rights Reserved. This website is for personal, non-commercial use only. Listings last updated on February 01, 2026.
    • Apr 29, 2022 Sold for $4,075,000
    • Mar 23, 2022 Under Contract
    • Jun 09, 2021 Listed at $4,950,000
    Kona Bay Estates stands as one of Kailua-Kona's most prestigious and sought-after addresses, offering an unparalleled oceanfront lifestyle within an exclusive, gated community. With approximately 45 homesites, residents enjoy both privacy and peace of mind in a truly idyllic setting that is right in central Kailua-Kona town.

    Kona is filled with history, these lands once holding Ancient Hawaiian settlements, remnants of which can still be witnessed today. These lands were home to Kamehameha I, who united the Hawaiian Islands and made Kailua-Kona the capital of his kingdom. Kona's landscape t

      ... Read more
    Other Kona Homes
    $3,950,000
    77-6300 Alii Dr
    5 Bds | 4 Ba
    2,314 ft²
    $3,950,000
    78-7021 Kewalo St
    4 Bds | 6 Ba
    3,857 ft²
    $3,995,000
    73-1425 Kukuna St
    7 Bds | 7 Ba
    5,800 ft²
    $3,888,888
    76-6271 Alii Dr
    16 Bds | 8 Ba
    5,520 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.
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