$694,500
UNDER CONTRACT $5K PRICE DROP

77-204 Ke Alohi Kai Place Kailua Kona, HI 96740

Estimated payment $4,834/month

Total Views 5,349
0.25 Acre
$2,778,000 Price per Acre
10,890 Sq Ft Lot

Highlights

  • Ocean View
  • Level Lot
  • 2-minute walk to Pahoehoe Beach Park

About This Lot

Welcome to Ke Alohi Kai, an exclusive oceanfront gated community in the heart of Kailua-Kona. This prestigious enclave of just 15 lots is not only located within the highly sought-after Resort Zone but is also county-approved for Short-Term Vacation Rentals (STVR), making it an exceptional investment opportunity. Whether you're looking for a personal retreat or a high-performing vacation rental, this property offers the perfect balance of luxury, flexibility, and income potential.

Ideally positioned near pristine beaches and vibrant downtown Kailua-Kona, Ke Alohi Kai provides effortless access to boutique shopping, world-class dining, and an array of island activities. Enjoy peaceful oceanfront mornings and lively evenings in town—all just minutes from your doorstep. With the option to STVR, this property allows owners to maximize their investment in Hawaii’s booming vacation rental market while still enjoying the home for their own getaways.

The available 11,000-square-foot lot comes with HOA-approved, custom-designed building plans that are ready for county submission—an incredible opportunity to bring your dream home to life. Thoughtfully designed to embrace seamless indoor-outdoor living, this lot provides the perfect canvas to create a stunning Hawaiian retreat that capitalizes on Kona’s year-round sunshine and breathtaking surroundings.

This is more than just a piece of land—it’s your gateway to a profitable vacation rental or a private oasis in one of Kailua-Kona’s most coveted communities. Opportunities like this are rare, making now the perfect time to invest in Ke Alohi Kai!

Listing Agent

Andrew Nonaka

eXp Realty Brokerage Phone: 8089386055 License #RS-79663 Listed on: 03/11/2025

eXp Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,972

Lot Details

  • Property fronts a private road
  • Level Lot
  • Cleared Lot
  • Property is zoned V-1.25

HOA Fees

  • $500 Monthly HOA Fees

Property Views

  • Ocean
  • Mountain

Utilities

  • Underground Utilities
  • Sewer Not Available

Community Details

  • Ke Alohi Kai Subdivision

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 3770240150000

Property Details

Property Type

Land

Est. Annual Taxes

$5,972

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Prop. Type: Land
  • ResoLotFeatures: Cleared
  • Attribution Contact: 8089386055
  • Co List Office Phone: 8087252794
  • Ownership: Full
  • MLS Status: C
  • Subdivision Name: KE ALOHI KAI SUBDIVISION
  • Tax Year: 2024
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: None
  • Special Features: 4224
  • Property Sub Type: LotsLands

Exterior Features

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

Utilities

  • Sewer: None
  • Utilities: Electricity Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 500.0
  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: V-1.25
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3770240150000

Tax Info

  • Tax Annual Amount: 5971.8
  • Tax Lot: 15

Map

Range of Values:

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Average Value
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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

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 $5,972 $613,300 $613,300 --
2024 $5,972 $538,000 $538,000 --
2023 $5,972 $538,000 $538,000 $0
2022 $4,669 $420,600 $420,600 $0
2021 $4,496 $408,500 $408,500 $0
2020 $3,499 $302,900 $302,900 $0
2019 $1,707 $295,600 $295,600 $0
2018 $3,414 $295,600 $295,600 $0
2017 $3,347 $289,800 $289,800 $0
2016 $3,224 $297,100 $297,100 $0
2015 -- $317,800 $317,800 $0
2014 -- $204,200 $204,200 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2025 04/01/25 Price Changed $694,500 -0.7% --
03/11/2025 03/11/25 For Sale $699,500 +99.9% --
10/10/2024 10/10/24 Off Market $350,000 -- --
03/25/2021 03/25/21 Sold $350,000 -7.7% --
01/27/2021 01/27/21 Pending -- -- --
08/07/2020 08/07/20 For Sale $379,000 -- --
Source: Hawaii Information Service (MLS Hawaii)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Title Guaranty
Warranty Deed -- Tg
Warranty Deed $490,000 --
Warranty Deed $399,000 --
Warranty Deed $200,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $298,500 Commercial
Source: Public Records

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 719105

Hawaii Information Service (MLS Hawaii)

APN: 3-7-7-024-015-0000