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73-1203 AHULANI ST, Kailua Kona, HI 96740

KONA COASTVIEW SUBDIVISION · Hawaii County

Key Facts

7Beds
7Baths
4,949Sq Ft
1979Year Built

Description

Multi-Family & Investment Opportunity in Kailua-Kona! Rare opportunity to own two substantial homes on a beautifully landscaped half-acre property in the desirable Kona Coastview neighborhood of Kailua-Kona, Hawaii. Whether you are seeking a multi-generational living arrangement, long-term rental income, employee housing, or a flexible investment property, this unique offering provides exceptional versatility and value. The rear residence features approximately 2,936 square feet of living area with 4 bedrooms, 4 bathrooms, multiple levels, expansive living spaces, excellent natural ventilation, and three separate lanais designed to embrace Kona's year-round indoor-outdoor lifestyle. An additional lower-level area offers potential for a workshop, storage, hobby space, or covered parking. The front residence offers approximately 2,013 square feet with 3 bedrooms and 3 bathrooms, creating additional opportunities for rental income, extended family living, or guest accommodations. Both homes have recently benefited from roof upgrades, including new roofing, adding peace of mind for future ownership. Multiple tenants are currently in place, making this an attractive income-producing property from day one. The lush tropical grounds create a private island retreat, featuring producing avocado trees, apple bananas, pineapple, loquat, plumeria, and multiple varieties of mango. Enjoy fresh fruit from your own backyard while surrounded by mature tropical landscaping. Conveniently located near Kona International Airport, downtown Kailua-Kona, Aliʻi Drive, shopping, restaurants, golf courses, and some of the Big Island's most beautiful beaches. Additional features include fee simple ownership, county water service, paved county roads, and no CC&Rs. A rare opportunity to own a versatile multi-family property with income potential in one of Kailua-Kona's most convenient locations.

Property Information

Property Type

Residential

Year Built

1979

Living Area

4,949 sq ft

Ownership

Full

Zoning

A-5a

MLS® Listing#

731260

Property Features

Flooring

Carpet

Parking

Covered

Utilities

Cable AvailableElectricity AvailablePhone AvailableWater Available

Sewer

Cesspool

Water Source

Public

Financial Details

HOA

Yes

Annual Taxes

$15,568

Tax year 2025

Assessed Value

$1,418,700

Parcel Number

3730220980000

Affordability Calculator

$330,000

Estimated monthly payment

$8,782/mo

Principal $1,320,000 · Est. interest $1,841,517 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Kailua Kona, HI

$900,000
Median Listing Price
79
Median Days on Market
1,244
Median Sq Ft
$698
Median Price / Sq Ft
333
Active Listings
  • This home’s price is 83% above the area median.
  • Its price per sq ft is 52% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Kailua Kona, HI.

Location

Map showing the location of 73-1203 AHULANI ST, Kailua Kona, HI 96740

Getting Around

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Points of Interest in Kailua Kona, HI

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Nearby Schools

  • Hawaii Community College Palamanui

    School · 2.4 mi away

  • Kuleana Education

    Secondary · 2.6 mi away

  • Nature School

    School · 2.9 mi away

  • Kona Christian Academy

    School · 3.0 mi away

  • Makua Lani Christian School

    Secondary · 3.2 mi away

  • Hualalai Academy

    School · 3.2 mi away

  • Makua Lani Christian Academy

    School · 3.2 mi away

  • Hawaii Montessori School

    Elementary · 3.5 mi away

  • Kealakehe Intermediate School

    Secondary · 3.7 mi away

  • Kealakehe Elementary School

    Elementary · 3.8 mi away

  • Kealakehe High School

    Secondary · 3.9 mi away

  • Alaka'I Academy

    School · 5.4 mi away

  • Innovations Public Charter School

    Elementary · 6.4 mi away

  • Holualoa Elementary School

    Elementary · 7.7 mi away

  • Kahakai Elementary School

    Elementary · 7.8 mi away

  • University of Hawaii

    School · 13.2 mi away

  • Aloha Massage Academy

    School · 13.9 mi away

  • Kona Pacific Public Charter School

    Elementary · 14.7 mi away

  • Konawaena High School

    Secondary · 15.4 mi away

  • Konawaena Middle School

    Secondary · 15.4 mi away

Commute Calculator

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EXIT Agents in Kailua Kona

Listing Courtesy: COMPASS - 8087470503

Presented by: Emil V Knysh

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by Hawaii. MLS® Listing#731260. © 2026EXIT Realty®. All rights reserved.