Skip to main content
Back to Search Results
|

75-5921 WALUA RD unit: 1 1, Kailua-Kona, HI 96740

Show All 30 Photos
For Sale

$1,600,000

3 beds • 3 baths • 2,862 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • Newly Listed
    Time on Century 21

  • $559.05
    Price per square foot

  • 11-20 Years Old
    Age

Explore this Property

High-Income spacious two-story Vacation Rental in the Heart of Kailua-Kona Village with exceptional ocean/sunset views! Prime Commercial (CV10) Zoned Property just 1/2 Block above Ali'i Drive. Ideal for residential, business, or mixed-use development (2,862 sq. ft. of total interior space). Discover one of Kona's most versatile and profitable investment properties! This centrally located free-standing building in Kailua-Kona Village offers both residential comfort and commercial potential; just steps from beaches, restaurants, shops, resorts and more! Income & Opportunity: - Proven high-income vacation rental: averaging $120,000 annually - Active and transferable STVR license - Commercial zoning allows flexible use: additional residential units, medical or business offices, or creative studio spaces Upper-Level Residence: - 1,538 sq. ft. of living space with central AC system as well as ceiling fans throughout - Spacious 3 bedrooms / 2 bathrooms - Expansive 462 sq. ft. covered lanai (porch) with stunning ocean and sunset views. - Bright living room with lots of natural light and more stunning sea/horizon views - Full kitchen, tiled dining area, and laundry room Lower-Level Space: - 1,324 sq. ft. of finished interior space - 3 large garage/studio bays with bathroom and laundry room - Additional expansive 480 sq. ft. private lanai (covered porch) with tropical garden views - Separate entrances, perfect for conversion into additional residential units, studios, or offices - Parking: 8 paved open spaces and driveway for easy access - Electric: Two separate 200-amp meters (upstairs & downstairs) for all your commercial/residential needs Live, work, and earn, all in one of Kona's most desirable and walkable locations... This property truly represents one of the best investment opportunities in Kailua Village today!
MLS# 725117

Courtesy Of Coast Properties Ltd

(808) 329-4000

Property Features

  • Age
    11-20 Years Old
  • Amenities
    Cable Ready
  • Appliances
    Dishwasher, Dryer, Range, Refrigerator, Washer
  • Floor Covering
    Carpet, Tile - Ceramic
  • Lot Size
    0.26 Acres
  • View Type
    Ocean, City

Map and Directions

Directions to 75-5921 WALUA RD unit: 1 1, Kailua-Kona, HI 96740

Home seller CENTURY 21 Homefinders of Hawaii

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Homefinders of Hawaii

(808) 677-0721
Learn More About Us

Mortgage Calculator

$
$ %
Loan Term
%
Invalid number

$ /year
$ /year
$ /month

Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $0

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

An Equal Opportunity Company

Copyright © 2025 Hawaii Information Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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. Information being provided is 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 powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.