NOT LISTED FOR SALE

75-209 Malulani Dr Kailua Kona, HI 96740

Estimated Value: $899,000 - $1,037,000

3 Beds
2.5 Baths
1,666 Sq Ft
$571/Sq Ft Est. Value

Last Sold April 11, 2022

Last sale price $902,000 $541 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,408/month

43 Days on Market

Highlights

  • Ocean View
  • High Ceiling
  • Air Conditioning
  • Gated Community
  • Attached Garage
  • Landscaped

About This Home

As of April 2022

This family snowbird residence is a well-maintained, single family 3 bed 2.5 bath home located in a secure gated community right in the heart of town. Within walking distance to grocery stores, coffee shops, restaurants & more, homes in this gated community are rarely available and a true Kona gem.

This two-story home features ocean views from the covered lanai, master bedroom, & kitchen where you can watch legendary "green flash" sunsets in the evenings and the moon rise over Mt. Hualalai. This home features two bedrooms with a full bath downstairs, a spacious master bedroom with 1.5 baths upstairs, and a large upstairs living/dining room & kitchen.

The kitchen features stainless steel appliances with plenty of storage for kitchen & pantry items and opens up to the living area, perfect for entertaining. The large master bedroom boasts ample closet space with an extra sitting area, office space, & a huge closet. The master bath is spacious, featuring double sinks and double shower heads.

The home has been meticulously maintained with the exterior being painted in July 2021. The floor in the two-car garage was recently epoxied for a smooth finished surface and has an extra storage nook for tools, a workshop, & other sporting equipment. The lot is beautifully landscaped featuring full size palms, grass, & tropical shrubs & flowers. A lower level back patio provides privacy as a vacant lot shares the property line.

This beautiful home is being sold fully furnished (aside for some personal items to be disclosed) and ready for you and your family to move in. Don't miss the rare opportunity to call this piece of paradise 'home.'

Last Agent to Sell the Property

Jason Merritt

LUVA LLC Brokerage Phone: 8083455226 License #RS-80711 Listed on: 01/13/2022

Last Buyer's Agent

Angel Wannemacher

Better Homes and Gardens Real Estate Island Lifestyle License #RB-22094

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,167

Year Built

  • Built in 1998

Lot Details

  • Property fronts a private road
  • Stone Wall
  • Landscaped
  • Level Lot
  • Property is zoned RS-7.5

HOA Fees

  • $102 Monthly HOA Fees

Parking

  • Attached Garage

Property Views

  • Ocean
  • Mountain

Interior Spaces

  • 1,666 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Blinds

Kitchen

  • Electric Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Utilities

  • Air Conditioning
  • Underground Utilities
  • Internet Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 3750370090000

Community Details

Overview

  • Malulani Gardens Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,167

Year Built

Built in 1998

Lot Details

0

HOA Fees

$102 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Reso Fencing: Stone
  • ResoLotFeatures: Landscaped
  • ResoSecurityFeatures: Fire Sprinkler System, Gated Community, Smoke Detector(s)
  • Attribution Contact: 8083455226
  • Co List Office Phone: 8087695111
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: MALULANI GARDENS
  • Reso Interior Features: High Ceilings
  • Unit Levels: Two
  • Living Area: 1666.0
  • Property Attached Yn: Yes
  • Reso Window Features: Blinds
  • Year Built: 1998
  • Tax Year: 2021
  • HIS_PoolYN: No
  • Unit Description: Single Family Home
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: None
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: Cable, Satellite, Wireless
  • HIS_Easement: None
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Cooktop, Freezer, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Flooring: Carpet, Laminate
  • Total Bathrooms: 2

Exterior Features

  • Topography: Level
  • View: Mountain(s), Ocean, Ocean Horizon
  • Waterfront: No
  • Roads: Paved, Private

Garage/Parking

  • Parking Features: Attached

Utilities

  • Cooling: HIS Air Conditioning
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 101.76
  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: RS-7.5
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3750370090000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 7167.0
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2012
Sold by
Hamada Derek
Bought by
Kirihara Carol Ann Yukimi and Carol Ann Y Hamada Revocable Living Tr
Current Estimated Value
$951,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,492
Outstanding Balance
$182,755
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$768,522

Purchase Details

Closed on
Jul 6, 2007
Sold by
Hamada Derek and Hamada Carol
Bought by
Hamada Derek and Derek Hamada Revocable Living Trust

Purchase Details

Closed on
Dec 26, 1997
Sold by
Malulani Gardens Development Llc
Bought by
Hamada Derek and Hamada Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,000
Interest Rate
7.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 1997
Sold by
Brian R Cook Development Inc
Bought by
Malulani Gardens Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,000
Interest Rate
7.16%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kirihara Carol Ann Yukimi -- Tg
Hamada Derek -- None Available
Hamada Derek $207,000 Security Title Corporation
Malulani Gardens Development Llc $9,443,200 Security Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carol Ann Y Hamada Revocable L $98,000
Open Kirihara Carol Ann Yukimi $263,492
Closed Hamada Derek $157,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2022 04/11/22 Sold $902,000 -7.5% $541 / Sq Ft
02/25/2022 02/25/22 Pending -- -- --
01/13/2022 01/13/22 For Sale $975,000 +77.3% $585 / Sq Ft
05/04/2015 05/04/15 Sold $550,000 -10.6% $330 / Sq Ft
04/07/2015 04/07/15 Pending -- -- --
10/23/2014 10/23/14 For Sale $615,000 -- $369 / Sq Ft
Source: Hawaii Information Service (MLS Hawaii)

Tax History Compared to Growth

Source: Public Records

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 $1,598 $410,000 $105,100 $304,900
2024 $1,598 $398,100 $105,100 $293,000
2023 $1,594 $386,500 $105,100 $281,400
2022 $1,600 $375,200 $105,100 $270,100
2021 $1,546 $364,300 $105,100 $259,200
2020 $1,494 $353,700 $105,100 $248,600
2019 $1,443 $343,400 $105,100 $238,300
2018 $1,394 $333,400 $105,100 $228,300
2017 $1,347 $323,700 $105,100 $218,600
2016 $1,300 $314,300 $105,100 $209,200
2015 -- $305,100 $105,100 $200,000
2014 -- $296,200 $99,600 $196,600
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jason Merritt

    LUVA LLC

    (808) 345-5226

    1 in this area

    3 Total Sales

    Jason Merritt
    Section Image

  • A

    Buyer's Agent in 2022

    Angel Wannemacher

    Better Homes and Gardens Real Estate Island Lifestyle

    (808) 756-4344

    30 in this area

    89 Total Sales

    Angel Wannemacher
    Section Image

  • D

    Buyer's Agent in 2015

    Dawn Clark

    Big Island Stays

    (808) 895-6343

    Dawn Clark
    Section Image
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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 657754

Hawaii Information Service (MLS Hawaii)

APN: 3-7-5-037-008-0000

Hawaii Hawaii County Kailua Kona 96740

75-209 Malulani Dr, Kailua Kona, HI

This home is located at 75-209 Malulani Dr, Kailua Kona, HI 96740 since 13 January 2022 and is currently estimated at $951,277, approximately $570 per square foot. This property was built in 1998. 75-209 Malulani Dr is a home located in Hawaii County with nearby schools including Holualoa Elementary School, Kealakehe Intermediate School, and Kealakehe High School.

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.

Hawaii Information Service (MLS Hawaii) 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.

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