$3,950,000
$1M PRICE DROP

77-6300 Alii Dr Kailua Kona, HI 96740

Estimated payment $22,684/month

Total Views 10,232
5 Beds
4 Baths
2,314 Sq Ft
$1,707 Price per Sq Ft

Highlights

  • Ocean View
  • 1-Story Property
  • Level Lot
  • Waterfront

About This Home

Motivated Seller! 250 feet of unobstructed waterfront on Alii Drive!

Come Home to Laimana!

Renovate this historic property and live on one of the most famous waterfront properties in Hawaii! The property is one of the most beautiful oceanfront properties along the Kona coast. Midway between Kona and Keauhou, this is an ideal location for the discriminating buyer who wants to experience a slice of old Hawaii. Imagine sitting on the lanai and reading about how Royalty learned to surf at the famous beaches here.

Nestled between two of Hawaii Island's premier surf beaches, Banyans and Lymans, the property has 250 feet of direct waterfront. The 0.78-acre property hosts two older homes totaling 2,800 square feet. The houses can be renovated keeping the existing footprints and breakwater foundation walls as well as the old swimming pool right on the water. The existing setbacks remain in place because the homes were originally permitted in 1957. There are no archaeological or heritage site issues.

This one-of-a-kind historic property has full on views of a turquoise bay, the coconut grove at Kamoa Point, the surf and the most spectacular sunsets year around. Sit on your lanai and watch the surfers with 180-degree views of the ocean and coastline. Watch the paddlers, whales and sight-seeing boats pass by. Listen to the waves and watch the ever-changing tides.

The main home boasts 2,134 square feet under roof and has 4 bedrooms and 3 baths. The second home has 660 square feet, 2 bedrooms and one bath. There is also a carport. The residences are single-wall construction.

This is one-of-a-kind opportunity. The Seller's agent has had discussions with the county planning department and has a full understanding as to what can be done to turn this into your one-of-a-kind oceanfront home!

Listing Agent

Peggy Kent

Lava Luxury Realty Brokerage Phone: 3603051088 License #RB-24065 Listed on: 03/28/2023

Lava Luxury Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,883

Year Built

  • Built in 1956

Lot Details

  • Waterfront
  • Level Lot
  • Rocky Terrain
  • Property is zoned V-1.25

Parking

  • Deeded Parking

Property Views

  • Ocean
  • Bay

Interior Spaces

  • 2,314 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Private Sewer
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • Holualoa 3Rd Kaumalumalu Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 3770040250000

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,883

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Reso Fencing: None
  • Road Frontage Type: Rocky Beach
  • ResoLotFeatures: Rocky
  • Attribution Contact: 3603051088
  • Co List Office Phone: 8087564285
  • Ownership: Full
  • MLS Status: A
  • Subdivision Name: HOLUALOA 3RD - KAUMALUMALU (BEACH SECTION)
  • Unit Levels: One
  • Living Area: 2314.0
  • Property Attached Yn: No
  • Year Built: 1956
  • Tax Year: 2022
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Private Contractor
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: Cable, Satellite
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 5
  • Full Bathrooms: 4
  • Total Bathrooms: 4

Exterior Features

  • Topography: Fairly Level
  • View: Bay, Coastline, Ocean, Ocean Horizon, Sunset
  • Waterfront: Yes
  • Roads: Major Thoroghfare

Garage/Parking

  • Parking Features: Deeded

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Zoning: V-1.25
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3770040250000

Tax Info

  • Tax Annual Amount: 21883.0
  • Tax Lot: 3

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 -- $14,997,800 $14,997,800 --
2024 -- $13,156,000 $13,156,000 --
2022 -- $9,268,000 $9,268,000 $0
2021 $0 $8,998,100 $8,998,100 $0
2020 $0 $9,876,600 $9,876,600 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2024 04/18/24 Off Market $3,950,000 -- --
04/18/2024 04/18/24 For Sale $3,950,000 -24.8% $1,707 / Sq Ft
03/28/2023 03/28/23 For Sale $5,250,000 -- $2,269 / Sq Ft
Source: Hawaii Information Service (MLS Hawaii)

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 668516

Hawaii Information Service (MLS Hawaii)

APN: 3-7-7-004-012-0000