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Description
One-of-a-Kind Estate with Breathtaking Ocean Views & Established B&B Permit – Kailua-Kona, Hawaii
Offered for the first time in nearly 25 years, this extraordinary 1.2-acre estate is a rare gem just minutes from downtown Kailua-Kona. Perched above Keauhou Bay with over 100 feet of panoramic ocean and sunset views, this property blends timeless Old Hawaii charm with modern upgrades and exceptional income potential.
Tropical Paradise Living
Surrounded by lush, professionally landscaped gardens and 16 mature fruit trees—including mango and avocado—this estate is a plant lover’s paradise. Terraced gardens, vibrant tropical foliage, and automatic landscape lighting create a tranquil, resort-like setting.
Spacious Main Residence
The 3,708 sq ft home offers 5 bedrooms and 5.5 bathrooms, ideal for multi-generational living, hosting guests, or flexible use. Recent updates to the kitchen and primary bathroom add modern style while preserving the home’s open-beam architecture and island character.
Resort-Style Outdoor Amenities
Two large swimming pools
Built-in hot tub
Expansive lanais and outdoor entertaining areas
Private terraces with stunning ocean and sunset views
Established, Grandfathered Bed & Breakfast
This property includes a rare, county-registered B&B permit. Sale includes all business documentation and licensing, offering a valuable turnkey opportunity with an established clientele.
Key Features
Standing seam metal roof
Solid slab foundation
Open-beam ceilings
Paved county roads
Central yet private location near Kailua-Kona and Keauhou Bay
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 Hualalai, Kukio & Kohanaiki created as well.
Kona subdivisions include:
Alii Point - Oceanfront community. 19 lots of 4.6K Sq Ft - 1 acre with 2 - 5BR, 1 & 2-story ho..... Read more.
One-of-a-Kind Estate with Breathtaking Ocean Views & Established B&B Permit – Kailua-Kona, Hawaii
Offered for the first time in nearly 25 years, this extraordinary 1.2-acre estate is a rare gem just minutes from downtown Kailua-Kona. Perched above Keauhou Bay with over 100 feet of panoramic ocean and sunset views, this property blends timeless Old Hawaii charm with modern upgrades and exceptional income potential.
Tropical Paradise Living
Surrounded by lush, professionally landscaped gardens and 16 mature fruit trees—including mango and avocado—this estate is a plant lover’s paradise. Terraced gardens, vibrant tropical foliage, and automatic landscape lighting create a tranquil, resort-like setting.
Spacious Main Residence
The 3,708 sq ft home offers 5 bedrooms and 5.5 bathrooms, ideal for multi-generational living, hosting guests, or flexible use. Recent updates to the kitchen and primary bathroom add modern style while preserving the home’s open-beam architecture and island character.
Resort-Style Outdoor Amenities
Two large swimming pools
Built-in hot tub
Expansive lanais and outdoor entertaining areas
Private terraces with stunning ocean and sunset views
Established, Grandfathered Bed & Breakfast
This property includes a rare, county-registered B&B permit. Sale includes all business documentation and licensing, offering a valuable turnkey opportunity with an established clientele.
Key Features
Standing seam metal roof
Solid slab foundation
Open-beam ceilings
Paved county roads
Central yet private location near Kailua-Kona and Keauhou Bay
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 Hualalai, Kukio & Kohanaiki created as well.
Kona subdivisions include:
Alii Point - Oceanfront community. 19 lots of 4.6K Sq Ft - 1 acre with 2 - 5BR, 1 & 2-story ho..... Read more.
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.
