Seller's Agent in 2021
Garrett Gresham
Aloha Sotheby's Intl Realty - Hawai'i
(808) 938-3399
71 in this area
99 Total Sales
75-5432 Kona Bay Dr Kailua Kona, HI 96740
Estimated Value: $1,919,000 - $4,877,000
5
Beds
7
Baths
5,875
Sq Ft
$619/Sq Ft
Est. Value
Highlights
- Beach Front
- Heated Pool and Spa
- Outdoor Kitchen
- Ocean View
- Gated Community
- Shutters
About This Home
As of September 2021Ke’ala Ho’omaika’i (The Blessed Path) is the luxury ocean front estate you've been waiting for. You will be impressed the moment you walk through the mahogany entry gates into a tropical meditation garden and gentile cascading waterfall. The craftsmanship and architectural design of this true ocean front gem has it all. Privacy, gorgeous unobstructed views, infinity pool, oversized spa, custom elevator to access all levels and outdoor BBQ. Views of the protected Pawai Bay to the North and Kailua Kona views to the South with magical sunsets. Enjoy natures beautiful Humpback Whales in the winter breaching off of the back lanai, with year round spinner dolphins patrolling the shoreline. This beautifully maintained 7,928 sq ft luxury estate features disappearing walls, that allows you to live with the flow of the Pacific Ocean. With custom designs by local artists throughout, this property is truly one of a kind. Featuring a gourmet designed artesian kitchen, a wide open floor plan, and large covered lanais (1,523 Sq Ft) on all three levels for you to enjoy the unbelievable ocean views. Rinse off in the custom outdoor shower and store your beach toys in the large garage. Come live the beach life you've dreamed of!
***Very Successful Vacation Rental***
Last Agent to Sell the Property
Aloha Sotheby's Intl Realty - Hawai'i Brokerage Phone: 8089383399 License #RS-75738 Listed on: 07/08/2021
Last Buyer's Agent
Aloha Sotheby's Intl Realty - Hawai'i Brokerage Phone: 8089383399 License #RS-75738 Listed on: 07/08/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $44,999
Year Built
- Built in 2008
Lot Details
- Beach Front
- Property fronts a private road
- Stone Wall
- Landscaped
- Level Lot
- Property is zoned RS-15
HOA Fees
- $1,106 Monthly HOA Fees
Parking
- Attached Garage
Property Views
- Ocean
- Coastline
- Bay
- City
- Mountain
Interior Spaces
- 5,875 Sq Ft Home
- Multi-Level Property
- Elevator
- Built-In Features
- Track Lighting
- Shutters
- Drapes & Rods
- Stacked Washer and Dryer
Kitchen
- Indoor Grill
- Range
- Microwave
- Freezer
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
Home Security
- Home Security System
- Fire Sprinkler System
Pool
- Heated Pool and Spa
- Heated In Ground Pool
Outdoor Features
- Outdoor Kitchen
Utilities
- Air Conditioning
- Underground Utilities
- Private Sewer
Listing and Financial Details
- Property is used as a vacation rental
- Tax Lot 4
- Assessor Parcel Number 3750050960000
Community Details
Overview
- Lanihau Point Subdivision
Security
- Security Guard
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 15, 2008
Sold by
Chevy Chase Bank Fsb
Bought by
Lawrence John and Lawrence Linda
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,080,000
Interest Rate
6.49%
Mortgage Type
Unknown
Purchase Details
Closed on
Dec 31, 2007
Sold by
Mortgage Electronic Registration Systems
Bought by
Chevy Chase Bank Fsb
Purchase Details
Closed on
Aug 29, 2006
Sold by
Stevens John R
Bought by
Stevens Family Lp Lllp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.7%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Jul 13, 2006
Sold by
Stevens Family Lp
Bought by
Stevens John R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.7%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Apr 1, 2005
Sold by
Stevens John R
Bought by
Stevens Family Lp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,787,500
Interest Rate
2.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 20, 2004
Sold by
Stevens Family Lp
Bought by
Stevens John R
Purchase Details
Closed on
Jan 2, 2004
Sold by
Stevens John R
Bought by
The Stevens Family Lp
Purchase Details
Closed on
Oct 28, 2003
Sold by
The Stevens Family Lp
Bought by
Stevens John R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
1.95%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 2, 2002
Sold by
Kuakini Storage Partners Llc
Bought by
The Stevens Family Lp
Purchase Details
Closed on
Jul 31, 2002
Sold by
Limer Nicholas and Dumars Bert
Bought by
Kuakini Storage Partners Llc
Purchase Details
Closed on
Apr 25, 2000
Sold by
Scarr Sandra W
Bought by
Limer Nicholas and Dumars Bert
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$990,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 7, 1999
Sold by
Udk Construction Inc
Bought by
Scarr Sandra W and Sandra W Scarr Qualified Personal Reside
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$747,500
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 5, 1995
Sold by
Udk Real Estate Inc
Bought by
Urawa Doken Kogyo Co Ltd
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lawrence John | $1,800,000 | Fam | |
| Chevy Chase Bank Fsb | $2,457,000 | None Available | |
| Stevens Family Lp Lllp | $1,000 | Accommodation | |
| Stevens John R | $1,000 | Het | |
| Stevens Family Lp | $1,000 | -- | |
| Stevens John R | $1,000 | -- | |
| The Stevens Family Lp | $1,000 | -- | |
| Stevens John R | -- | -- | |
| The Stevens Family Lp | $1,360 | Hawaii Escrow & Title Inc | |
| Kuakini Storage Partners Llc | $1,360 | Hawaii Escrow & Title Inc | |
| The Stevens Family Ltd Partnership | $1,900,000 | -- | |
| Kuakini Storage Partners Llc | $1,000 | -- | |
| Limer Nicholas | $1,355,000 | -- | |
| Scarr Sandra W | $1,150,000 | Island Title Corp | |
| Urawa Doken Kogyo Co Ltd | $1,225,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lawrence John | $1,000,000 | |
| Closed | Lawrence John | $1,080,000 | |
| Closed | Lawrence John | $1,080,000 | |
| Previous Owner | Stevens Family Lp | $14,500,000 | |
| Previous Owner | Stevens John R | $350,000 | |
| Previous Owner | Stevens John R | $1,787,500 | |
| Previous Owner | Stevens John R | $275,000 | |
| Previous Owner | Stevens Family Lp | $500,000 | |
| Previous Owner | Stevens John R | $1,500,000 | |
| Previous Owner | Limer Nicholas | $990,000 | |
| Previous Owner | Scarr Sandra W | $747,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/10/2024 10/10/24 | Off Market | $6,600,000 | -- | -- |
| 09/17/2021 09/17/21 | Sold | $6,600,000 | -4.2% | $1,123 / Sq Ft |
| 07/13/2021 07/13/21 | Pending | -- | -- | -- |
| 07/08/2021 07/08/21 | For Sale | $6,888,888 | -- | $1,173 / 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 | $39,919 | $3,744,100 | $1,491,000 | $2,253,100 |
| 2024 | $39,919 | $3,302,900 | $1,165,000 | $2,137,900 |
| 2023 | $37,894 | $3,154,000 | $1,165,000 | $1,989,000 |
| 2022 | $36,677 | $3,064,500 | $1,075,500 | $1,989,000 |
| 2021 | $32,852 | $2,783,200 | $1,045,500 | $1,737,700 |
| 2020 | $31,973 | $2,718,600 | $1,015,000 | $1,703,600 |
| 2019 | $30,346 | $2,733,900 | $1,015,000 | $1,718,900 |
| 2018 | $28,836 | $2,597,800 | $975,000 | $1,622,800 |
| 2017 | $28,352 | $2,554,200 | $975,000 | $1,579,200 |
| 2016 | $25,561 | $2,543,400 | $917,500 | $1,625,900 |
| 2015 | -- | $2,260,300 | $924,000 | $1,336,300 |
| 2014 | -- | $2,229,200 | $892,500 | $1,336,700 |
Source: Public Records
Agents Affiliated with this Home
-
Garrett Gresham
Map
Source: Hawaii Information Service (MLS Hawaii)
MLS Number: 650552
APN: 3-7-5-005-068-0000
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.
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