$2,150,000
SOLD MAY 23, 2025

77-102 Queen Kalama Ave Kailua Kona, HI 96740

6 Beds
6.5 Baths
4,710 Sq Ft
0.28 Acres

Recently Sold

$456 Per Sq Ft

53 Days on Market

Highlights

  • In Ground Pool
  • Tankless Water Heater
  • Carpet
  • Attached Garage

About This Home

As of May 2025

77-102 Queen Kalama Ave is the Ali'i Drive opportunity you’ve been waiting for. This home, in use as an actively producing, hosted vacation rental - has it all!

There are three locations in the home to enjoy, together or separately. The upstairs, 3/2.5 "Asako's house", lower level 1/2 "Octopus Place", and also downstairs, the 2/2 host quarters.

Asako's House is the incredibly spacious upstairs location. There are two main suite bedrooms, multiple living rooms, updated kitchen and bathrooms, with additional bedroom, living area(s) and Finnish style sauna here. Elevated over Alii Dr, you enjoy great ocean view, covered lanai sitting and crisp air conditioned comfort across the street from the dazzling pacific.

Downstairs, Octopus Place is a cozy 1bed/2bath apartment allowing you separate personal space with covered outside dining. This private area, connected by interior stair case has additional Murphy bed sleeping for overflow guests.

Downstairs: Host's Location is an exceptional 2/2 with open living room space. Perfect for your host(s) to enjoy as they welcome guests and manage your home.

The outdoor pool area is to be celebrated! The tiled, in ground pool and shared open space has multiple seating and enjoying areas, perfect for birthday, graduation parties or group events.

The garage (approx 678sqft), workshop and storage areas are exceptional and add to the functionality. There is so much to enjoy and experience, make your appointment to see 77-102 Queen Kalama today!

Last Agent to Sell the Property

Marco Silva

Coldwell Banker Island Properties - Kona Brokerage Phone: 8085578921 License #RB-20599 Listed on: 10/21/2024

Last Buyer's Agent

Marco Silva

Coldwell Banker Island Properties - Kona Brokerage Phone: 8085578921 License #RB-20599 Listed on: 10/21/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,310

Year Built

  • Built in 1981

Lot Details

  • Property fronts a county road
  • Property is zoned RS-7.5

Parking

  • Attached Garage

Interior Spaces

  • 4,710 Sq Ft Home
  • Carpet

Kitchen

  • Oven
  • Electric Cooktop
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Pool Tile

Utilities

  • Tankless Water Heater
  • Private Sewer

Community Details

  • Laaloa 1St Kapalaalaea 2Nd Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot A
  • Assessor Parcel Number 3770100710000

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,310

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Attribution Contact: 8085578921
  • Co List Office Phone: 8088757000
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: LAALOA 1ST - KAPALAALAEA 2ND
  • Living Area: 4710.0
  • Property Attached Yn: Yes
  • Year Built: 1981
  • Tax Year: 2024
  • HIS_PoolYN: Yes
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_OtherBuildingArea: 678
  • HIS_SolidWasteDisposal: Private Contractor
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_WaterHeater: Electric, Tankless
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Cooktop, Microwave, Oven, Range Hood, Refrigerator, Washer
  • Total Bedrooms: 6
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 4
  • Flooring: Carpet
  • Total Bathrooms: 6

Exterior Features

  • Pool Features: In Ground, Tile
  • Waterfront: No
  • Roads: County

Garage/Parking

  • Parking Features: Attached

Utilities

  • Utilities: Electricity Available, Sewer Connected

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: RS-7.5
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3770100710000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 16310.34
  • Tax Lot: A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2024
Closed on
May 16, 2025
Sold by
Hawaii Real Estate Trust and Romero Melinda
Bought by
Vetiver Avent Llc
Seller's Agent
Marco Silva
Coldwell Banker Island Properties - Kona
Buyer's Agent
Marco Silva
Coldwell Banker Island Properties - Kona
List Price
$2,150,000
Sold Price
$2,150,000
Views
49
Current Estimated Value
$2,101,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$48,535
Avg. Annual Appreciation
-8.73%
Original Mortgage
$1,612,500
Outstanding Balance
$1,609,644
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$491,821

Purchase Details

Closed on
Mar 28, 2024
Sold by
Montgomery Joshua William and Adair Kristie Kathlyn
Bought by
Hawaii Real Estate Trust and Romero

Purchase Details

Closed on
Sep 10, 2022
Sold by
William Montgomery Joshua
Bought by
Montgomery Joshua William and Adair Kristie Kathlyn

Purchase Details

Closed on
Apr 26, 2022
Sold by
Pratt 2010 Trust
Bought by
Bear Stearns Asset Backed Securities I Trust

Purchase Details

Closed on
Apr 1, 2022
Sold by
Michael Schlueter
Bought by
Montgomery Joshua William

Purchase Details

Closed on
Dec 15, 2020
Sold by
Pratt 2010 Trust
Bought by
Bear Stearns Asset Backed Securities I Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
3.85%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 29, 2010
Sold by
Pratt Alan J and Pratt Asako
Bought by
Pratt Alan J and Pratt Asako
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Title Guaranty
Warranty Deed -- None Listed On Document
Warranty Deed -- --
Foreclosure Deed -- Clay Chapman Iwamura Pulice &
Commissioners Deed $820,000 Title Guaranty
Commissioners Deed $820,000 Title Guaranty
Foreclosure Deed -- --
Foreclosure Deed -- --
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,612,500 New Conventional
Previous Owner $0 Balloon
Previous Owner $656,000 Balloon
Previous Owner $620,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 Sold $2,150,000 0.0% $456 / Sq Ft
10/26/2024 10/26/24 Off Market $2,150,000 -- --
10/24/2024 10/24/24 For Sale $2,150,000 0.0% $456 / Sq Ft
10/21/2024 10/21/24 For Sale $2,150,000 -- $456 / 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 $16,310 $1,523,200 $409,500 $1,113,700
2024 $16,310 $1,469,400 $409,500 $1,059,900
2023 $15,488 $1,395,300 $409,500 $985,800
2022 $11,214 $1,010,300 $301,400 $708,900
2021 $10,312 $929,000 $302,500 $626,500
2020 $2,837 $641,300 $166,500 $474,800
2019 $2,722 $622,600 $166,500 $456,100
2018 $2,611 $604,500 $166,500 $438,000
2017 $2,502 $586,900 $166,500 $420,400
2016 $2,397 $569,800 $166,500 $403,300
2015 -- $553,200 $166,500 $386,700
2014 -- $537,100 $149,600 $387,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 714832

Hawaii Information Service (MLS Hawaii)

APN: 3-7-7-010-071-0000