K
Seller's Agent in 2013
Kathy Christiansen
Premier Island Properties LLC
(808) 896-9000
28 in this area
33 Total Sales
75-5464 Kona Bay Dr Kailua Kona, HI 96740
Estimated Value: $1,800,000 - $5,964,000
3
Beds
3.5
Baths
3,400
Sq Ft
$1,311/Sq Ft
Est. Value
Highlights
- Beach Front
- Pool and Spa
- Level Lot
- Ocean View
- Ceramic Tile Flooring
About This Home
As of August 2013OCEANFRONT CUSTOM SPECTACULAR! BEAUTIFULLY GATED KONA BAY ESTATES!
HUGE POOL AND SPA OVERLOOKING THE BLUE OCEAN AND KAILUA BAY!
Step into this 4/3.5(4th bedroom is a loft) oceanfront dream residence with commanding views of ocean activities, cruise ships, whale watching and the ambiance and tranquility of oceanfront living! The home sits on one of the largest lots in Kona Bay Estates and creates tremendous privacy. The long driveway leads you to stunning architecture, from the front of the home to the back of the home along the ocean.
Take a delight in the inviting pool and spa with the ocean just in front of you and a small sandy beach to use as well!
The living area is open with high ceilings and capitalizes on the ocean views with beautifully folding doors throughout.
The gourmet kitchen is big, bold and a chefs dream. Its is also open to the ocean views just in front of you as you make that wonderful meal or entertain family and friends with enormous granite counter space for all to enjoy!
All of the bedrooms are beautifully appointed and the fourth bedroom is a loft unit with two single beds for extended guests.
You wont want to leave the master suite and master bath as both have awe-inspiring ocean views from every angle. The master bedroom has an inviting lanai as part of the large suite, a sitting room and a luxurious master bathroom that is a must see!
This oceanfront estate residence is currently a very successful vacation rental with very good income. Come make this your new vacation home, primary residence, or investment property!
A rare opportunity to own an oceanfront home in the well sought after, 24 hour security, gated oceanfront community, of Kona Bay Estates!
Last Agent to Sell the Property
Premier Island Properties LLC Brokerage Phone: 8088969000 License #RB-19101 Listed on: 12/05/2012
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,409
Year Built
- Built in 1989
Lot Details
- Beach Front
- Property fronts a private road
- Level Lot
- Property is zoned RS-15
HOA Fees
- $851 Monthly HOA Fees
Parking
- 3 Car Garage
Property Views
- Ocean
- Coastline
Home Design
- Double Stud Wall
Interior Spaces
- 3,400 Sq Ft Home
- Ceramic Tile Flooring
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Home Security
- Fire and Smoke Detector
- Fire Sprinkler System
Pool
- Pool and Spa
- In Ground Pool
Utilities
- Underground Utilities
- Internet Available
- Phone Available
- Cable TV Available
Community Details
- Kona Bay Estates Subdivision
Listing and Financial Details
- Property is used as a vacation rental
- Tax Lot 23,6
- Assessor Parcel Number 3750050340000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 5, 2012
Closed on
Aug 5, 2013
Sold by
Shake Sabu
Bought by
Polischeck John Joseph
Seller's Agent
Kathy Christiansen
Premier Island Properties LLC
Buyer's Agent
Derinda Thatcher
Coldwell Banker Island Properties - Kona
List Price
$3,995,000
Sold Price
$3,450,000
Premium/Discount to List
-$545,000
-13.64%
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
$1,007,328
Avg. Annual Appreciation
1.81%
Original Mortgage
$2,760,000
Outstanding Balance
$1,990,644
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,296,831
Purchase Details
Closed on
Mar 27, 2007
Sold by
Hamilton Robert L
Bought by
Shake Sabu
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,720,000
Interest Rate
8.06%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 25, 1999
Sold by
Hamilton Robert Leroy and Hamilton Rebecca Joyce
Bought by
Hamilton Robert L and Hamilton Rebecca J
Purchase Details
Closed on
Oct 10, 1997
Sold by
State Of Hawaii
Bought by
Hamilton Robert Leroy and Hamilton Rebecca Joyce
Purchase Details
Closed on
Oct 10, 1995
Sold by
First Hawaiian Bank
Bought by
Hamilton Robert Leroy and Hamilton Rebecca Joyce
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 |
|---|---|---|---|
| Polischeck John Joseph | $3,450,000 | Fam | |
| Shake Sabu | $3,400,000 | Tg | |
| Hamilton Robert L | -- | -- | |
| Hamilton Robert Leroy | -- | -- | |
| Hamilton Robert Leroy | $975,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Polischeck John Joseph | $2,760,000 | |
| Closed | Polischeck John Joseph | $2,760,000 | |
| Previous Owner | Shake Sabu | $300,000 | |
| Previous Owner | Shake Sabu | $2,720,000 | |
| Previous Owner | Shake Sabu | $2,720,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/09/2013 08/09/13 | Sold | $3,450,000 | -13.6% | $1,015 / Sq Ft |
| 07/11/2013 07/11/13 | Pending | -- | -- | -- |
| 12/05/2012 12/05/12 | For Sale | $3,995,000 | -- | $1,175 / 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 | $57,198 | $5,085,700 | $1,694,600 | $3,391,100 |
| 2024 | $57,198 | $4,573,400 | $1,323,900 | $3,249,500 |
| 2023 | $54,110 | $4,346,300 | $1,323,900 | $3,022,400 |
| 2022 | $52,844 | $4,253,200 | $1,230,800 | $3,022,400 |
| 2021 | $47,224 | $3,840,000 | $1,196,400 | $2,643,600 |
| 2020 | $46,045 | $3,753,300 | $1,161,500 | $2,591,800 |
| 2019 | $42,241 | $3,805,500 | $1,161,500 | $2,644,000 |
| 2018 | $40,910 | $3,685,600 | $1,120,900 | $2,564,700 |
| 2017 | $40,105 | $3,613,100 | $1,120,900 | $2,492,200 |
| 2016 | $35,596 | $3,541,900 | $1,071,100 | $2,470,800 |
| 2015 | -- | $3,098,100 | $1,077,000 | $2,021,100 |
| 2014 | -- | $2,360,000 | $1,040,300 | $1,319,700 |
Source: Public Records
Agents Affiliated with this Home
-
Kathy Christiansen
-
Derinda Thatcher
Buyer's Agent in 2013
Derinda Thatcher
Coldwell Banker Island Properties - Kona
(808) 331-8200
87 in this area
105 Total Sales
Map
Source: Hawaii Information Service (MLS Hawaii)
MLS Number: 259047
APN: 3-7-5-005-034-0000
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
- 75-5492 Kona Bay Dr
- 75-5530 Kona Bay Dr
- 74-5618 Palani Rd Unit K4
- 74-5618 Palani Rd Unit D5
- 74-5618 Palani Rd Unit C7
- 75-5680 Kuakini Hwy Unit 112
- 75-5680 Kuakini Hwy Unit 203
- 75-5680 Kuakini Hwy Unit 309
- 75-5680 Kuakini Hwy Unit 303
- 75-5719 Alii Dr Unit 314
- 75-5719 Alii Dr Unit 321
- 75-5719 Alii Dr Unit 222
- 75-5719 Alii Dr Unit 220
- 75-5719 Alii Dr Unit 409
- 75-5719 Kona Plaza Unit 119
- 75-5669 Kuakini Hwy Unit 4-302
- 75-5681 Kuakini Hwy Unit 215
- 75-5681 Kuakini Hwy Unit 305
- 75-5681 Kuakini Hwy Unit S202
- 75-5766 Kuakini Hwy Unit 104
- 75-5468 Kona Bay Dr
- 75-5462 Kona Bay Dr
- 75-5470 Kona Bay Dr
- 75-5460 Kona Bay Dr
- 75-5474 Kona Bay Dr
- 75-5471 Kona Bay Dr
- 75-5456 Kona Bay Dr
- 75-5452 Kona Bay Dr Unit 38
- 75-5480 Kona Bay Dr
- 75-5450 Kona Bay Dr
- 75-5572 Kona Bay Dr Unit 42
- 75-5572 Kona Bay Dr Unit 38
- 75-5572 Kona Bay Dr Unit 30
- 75-5572 Kona Bay Dr Unit 19
- 75-5572 Kona Bay Dr Unit 16
- 75-5572 Kona Bay Dr
- 75-5572 Kona Bay Dr Unit 47
- 75-5482 Kona Bay Dr
- 75-5446 Kona Bay Dr
- 75-5446 Kona Bay Dr Unit Lot 40