$1,180,000

Single Family Residence In Kailua Kona

  • 4 Beds
  • 3 Baths
  • 2,157 Sqft
  • 10,000 Sqft lot
  • Updated: August 17
  • Source:
    Hawaii Information Service (MLS Hawaii)  MLS#731370

About the Property

Rare Opportunity to acquire this highly desirable fully furnished home offering ocean, coastline, harbor, and sunset views along with an outstanding income-producing opportunity. Located on a quiet side street on Melomelo St. with virtually no road noise, this versatile property features two completely separate living spaces, making it ideal for extended family, multi-generational living, or excep
Rare Opportunity to acquire this highly desirable fully furnished home offering ocean, coastline, harbor, and sunset views along with an outstanding income-producing opportunity. Located on a quiet side street on Melomelo St. with virtually no road noise, this versatile property features two completely separate living spaces, making it ideal for extended family, multi-generational living, or exceptional long-term rental income.

Upper Level: The upper level showcases a 3-bedroom, 2-bathroom layout with an open-concept design filled with natural light, vaulted ceilings, and a spacious covered lanai perfectly positioned to capture Kona’s incredible sunsets and ocean views. Zoned split A/C systems in all three bedrooms ensure cool, comfortable sleeping spaces.

Lower Level: The lower level is entirely self-contained and fully air-conditioned with its own split A/C units. This space functions as a separated 1-bedroom, 1-bathroom, & features its own private entrance, an expansive covered lanai, a full living area, and a highly functional kitchenette equipped with a refrigerator, dishwasher, and freestanding kitchen island. It also boasts a large, private flex room with its own split A/C and window: perfect for a home office, walk-in pantry/laundry room, or as you see fit!

A truly remarkable 4 bedroom, 3 bath home that’s loaded with upgrades. 2 separate washer and dryer sets, new roof installed in 2023 & a spacious two-car garage. Outside, enjoy a fully fenced backyard with mature tropical landscaping, offering privacy and room to relax or entertain.

Properties with this level of versatility and proven performance are rarely available. With an amazing rental history, two independent living spaces, expansive lanais on both levels, & a prime location just minutes from beaches, shopping, dining, Kona Airport, & Honokōhau Harbor. An exceptional opportunity for both investors and owner-occupants seeking the very best of Kona living.
  • Property type

    House

  • Year built

    1988

  • Price/sqft

    $547

Features

  • Ocean View
  • Garage
  • Water View
  • Garden
  • Terrace
  • Walk In Closet
  • Investment Property
  • Kitchen island
  • Washer Dryer
Features

Lot

  • Panoramic / Scenic View
  • Water View
  • Ocean View
  • Privacy
  • Investment Property

Indoor

  • High Ceiling
  • Office
  • Air Conditioning
  • Kitchen island
  • Washer Dryer
  • Walk In Closet

Outdoor

  • Terrace
  • Garage
  • Garden

Explore the Area

73-1218 MELOMELO ST, Kailua-Kona, Hawaii, United States View on Google Maps
Price per sqft
Low
High

View 248 more listings in Kailua-Kona

Knutson & Associates - Kailua Kona

Joined 4 months ago
Your message
You have inquired about this property

The agent will contact you soon by

Listed by

Knutson & Associates - Kailua Kona
Hawaii, United States
View agency profile
17
Listings
2026
Joined

Book home tour with the agent

Choose a date and whether you'd like a virtual or in-person tour with the agent.

In-person tour
Preferred date
Tour type
Knutson & Associates - Kailua Kona
Kailua Kona, Hawaii, United States
View agency profile
Last updated
August 17
First listed
Jun 30
Listing reference
731370
Listing status
Active under contract
Call

Start phone call with:

Hello, I’m calling for the property with the reference 731370, which I discovered on JamesEdition.

After the call, we'll provide your contacts to the agent for easy communication.

brokerages we
partnered with