73-1363 Melemele St Kailua Kona, HI 96740
4
Beds
5
Baths
3,348
Sq Ft
1.01
Acres
Highlights
- Ocean View
- 2 Car Detached Garage
- Stone Wall
- Corner Lot
- Tankless Water Heater
- Vinyl Flooring
About This Home
As of February 2025Discover the allure of a newly renovated and expanded home in Kona Heavens, offering approximately 3,350 square feet of luxurious living space. This stunning property, which has not been occupied since its transformation, exudes the essence of brand-new construction both inside and out.
Modern Upgrades: Enjoy top-of-the-line Samsung appliances, split AC in all living areas and bedrooms, a new roof, updated electrical and plumbing systems, and luxury flooring. The home also boasts quartz countertops, Lutron lighting, and custom cabinetry throughout.
Spacious Layout: With 4 bedrooms, 3 full baths and 2 half baths, this home provides ample space for comfortable living. The ground floor features two distinct wings, including a large media room, an en-suite bedroom, and a versatile bonus space with a half bath, perfect for a workspace or gym.
Elegant Design: Ascend the modern stairway with its floor-to-ceiling glass landing to the open-concept living, dining, and kitchen area, which seamlessly extends to an oversized lanai. The primary suite offers a generous walk-in closet and an ocean-view bathroom with a soaking tub and walk-in shower.
Breathtaking Views: The lanai presents sweeping ocean views along the Kona coastline, providing a picturesque setting for daily sunsets from your expansive outdoor living area.
Outdoor Potential: The property is surrounded by expansive lawns and gardens, ideal for future enhancements such as a pool, and is situated on a private corner lot, offering ultimate privacy.
This rare offering of $761 per sqft for a newly renovated home on one acre in Kona is astounding. Modern luxury coupled with unparalleled privacy and breathtaking views. Experience the perfect blend of indoor and outdoor living in this exceptional property.
Last Agent to Sell the Property
COMPASS Brokerage Phone: 8088951156 License #RB-19834 Listed on: 05/01/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,805
Year Built
- Built in 2002 | Remodeled
Lot Details
- Property fronts a county road
- Stone Wall
- Corner Lot
- Level Lot
- Property is zoned A-1A
HOA Fees
- $2 Monthly HOA Fees
Parking
- 2 Car Detached Garage
Property Views
- Ocean
- Coastline
- Mountain
Home Design
- Double Stud Wall
Interior Spaces
- 3,348 Sq Ft Home
- Vinyl Flooring
Kitchen
- Oven
- Gas Cooktop
- Range Hood
- Built-In Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Dryer
- Washer
Utilities
- Underground Utilities
- Tankless Water Heater
- Septic Tank
- Private Sewer
- Phone Available
- Cable TV Available
Community Details
- Kona Heavens Subdivision
Listing and Financial Details
- Tax Lot 26
- Assessor Parcel Number 3730471080000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 1, 2024
Closed on
Feb 25, 2025
Sold by
Melemele Llc
Bought by
Forbes Alexander and Forbes Kristen
Seller's Agent
Rebecca Keliihoomalu
COMPASS
Buyer's Agent
Kevin Walmsley
Corcoran Pacific Properties
List Price
$2,549,000
Sold Price
$2,275,000
Premium/Discount to List
-$274,000
-10.75%
Views
104
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,483
Avg. Annual Appreciation
-2.27%
Original Mortgage
$1,075,000
Outstanding Balance
$1,070,577
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$1,178,940
Purchase Details
Closed on
Mar 24, 2023
Sold by
Live Lucky Hawaii Llc
Bought by
Melemele Llc
Purchase Details
Closed on
Jan 3, 2023
Sold by
Mols Holt Jada Van
Bought by
Live Lucky Hawaii Llc
Purchase Details
Closed on
Jun 14, 2021
Sold by
Holt Daniel Ahulii Ferreira
Bought by
Holt Jada Van Mols
Purchase Details
Listed on
Jan 28, 2014
Closed on
Jun 9, 2014
Sold by
Gilleland Christopher J and Gilleland Nancy B
Bought by
Holt Daniel Ahulii Ferreira
Seller's Agent
Steven Ellison
COMPASS
List Price
$845,000
Sold Price
$801,000
Premium/Discount to List
-$44,000
-5.21%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.65%
Purchase Details
Closed on
Jul 6, 2001
Sold by
Potter Victor L and Potter Marilyn W
Bought by
Gilleland Christopher J and Gilleland Nancy B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,125
Interest Rate
7.26%
Purchase Details
Closed on
Oct 13, 1999
Sold by
Matsueda Neal K and Komo Shari A
Bought by
Potter Victor L and Potter Marilyn W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
7.82%
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Fam | |
| Warranty Deed | -- | Fam | |
| Warranty Deed | -- | -- | |
| Special Warranty Deed | -- | -- | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $801,000 | Fntic | |
| Warranty Deed | $157,500 | -- | |
| Warranty Deed | $120,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,075,000 | New Conventional | |
| Closed | $1,075,000 | New Conventional | |
| Previous Owner | $3,400,000 | Unknown | |
| Previous Owner | $386,000 | New Conventional | |
| Previous Owner | $118,125 | No Value Available | |
| Previous Owner | $87,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/28/2025 02/28/25 | Sold | $2,275,000 | -10.7% | $680 / Sq Ft |
| 11/20/2024 11/20/24 | Off Market | $2,549,000 | -- | -- |
| 11/19/2024 11/19/24 | For Sale | $2,549,000 | 0.0% | $761 / Sq Ft |
| 08/19/2024 08/19/24 | Price Changed | $2,549,000 | -7.3% | $761 / Sq Ft |
| 07/06/2024 07/06/24 | Price Changed | $2,750,000 | -6.8% | $821 / Sq Ft |
| 06/13/2024 06/13/24 | Off Market | $2,950,000 | -- | -- |
| 06/11/2024 06/11/24 | For Sale | $2,950,000 | 0.0% | $881 / Sq Ft |
| 05/10/2024 05/10/24 | Off Market | $2,950,000 | -- | -- |
| 05/06/2024 05/06/24 | For Sale | $2,950,000 | 0.0% | $881 / Sq Ft |
| 05/01/2024 05/01/24 | For Sale | $2,950,000 | +268.3% | $881 / Sq Ft |
| 06/13/2014 06/13/14 | Sold | $801,000 | -5.2% | $445 / Sq Ft |
| 04/30/2014 04/30/14 | Pending | -- | -- | -- |
| 01/28/2014 01/28/14 | For Sale | $845,000 | -- | $469 / Sq Ft |
Source: Hawaii Information Service (MLS Hawaii)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $12,216 | $2,026,300 | $572,300 | $1,454,000 |
| 2024 | $12,216 | $1,306,500 | $572,300 | $734,200 |
| 2023 | $10,805 | $1,155,600 | $520,300 | $635,300 |
| 2022 | $9,626 | $1,029,500 | $394,200 | $635,300 |
| 2021 | $8,176 | $874,400 | $330,200 | $544,200 |
| 2020 | $7,895 | $844,400 | $320,600 | $523,800 |
| 2019 | $7,420 | $793,600 | $265,500 | $528,100 |
| 2018 | $7,091 | $758,400 | $250,400 | $508,000 |
| 2017 | $6,864 | $734,100 | $239,200 | $494,900 |
| 2016 | $6,691 | $723,400 | $232,200 | $491,200 |
| 2015 | -- | $607,500 | $232,200 | $375,300 |
| 2014 | -- | $609,000 | $232,200 | $376,800 |
Source: Public Records
Agents Affiliated with this Home
-
Rebecca Keliihoomalu
R
Seller's Agent in 2025
Rebecca Keliihoomalu
COMPASS
(808) 895-1156
6 in this area
78 Total Sales
-
Kevin Walmsley
K
Buyer's Agent in 2025
Kevin Walmsley
Corcoran Pacific Properties
(808) 313-1514
40 in this area
73 Total Sales
-
Steven Ellison
S
Seller's Agent in 2014
Steven Ellison
COMPASS
(808) 936-3000
37 in this area
65 Total Sales
Map
Source: Hawaii Information Service (MLS Hawaii)
MLS Number: 709964
APN: 3-7-3-047-108-0000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Copyright 2025 MLS Hawaii, Inc. All rights reserved.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Nearby Homes
- 73-4914 Anini St
- 73-4820 Anini St
- 73-4652 Kohanaiki Rd Unit A
- 73-4493 Aloha Place
- 73-4804 Manu Mele St
- 73-4460 Kohanaiki Rd
- 73-1138 Hamo St
- 74-4687 Halolani St
- 73-4692 Old Mamalahoa Hwy
- 73-1402 Hikimoe St
- 73-4597 Old Government Mauka Rd
- 73-1238 Hamo St
- 74-4734 Kaianiani Place
- 73-4695 Pilialoha Rd
- 73-1361 Kaukahoku Rd
- 73-1395 Kaukahoku Rd
- 73-4566 Kukuki St
- 73-4571 Kukuki St Unit A
- 73-4609 Kukuki St Unit B
- 73-4430 Nehiwa St