73-1102 LOLOA DR, KAILUA KONA, HI 96740

Ocean views, separate living spaces, and excellent rental potential.

Listing Provided by: Knutson & Associates
MLS #: 730950
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Description

Discover a rare opportunity to own a versatile Kona property offering ocean views, flexible living spaces, and exceptional income-producing potential. Conveniently located near beaches, shopping, dining, and outdoor recreation, this unique home combines privacy and island living with outstanding functionality. The upper level features an inviting open-concept design where the living room, dining area, and kitchen flow seamlessly together. Warm 3/4-inch solid bamboo flooring, abundant natural light, and expansive windows create a bright and welcoming atmosphere. Two bedrooms and one full bathroom are located on this level. An enclosed ocean-view lanai substantially expands the living area and has been thoughtfully configured into two separate spaces, providing flexibility for home offices, guest accommodations, fitness rooms, creative studios, or additional sleeping areas while enjoying stunning coastline views. The lower level offers incredible versatility with two additional rooms, a bathroom, and a separate exterior entrance. This flexible setup provides privacy and creates opportunities for extended family living, multigenerational arrangements, long-term rental income, or a private guest suite. The separation between the upper and lower portions enhances both livability and investment appeal. An enclosed garage provides valuable storage space and additional flexibility for a workshop, recreation room, hobby area, or future possibilities. Surrounded by mature tropical landscaping, the property offers a peaceful setting and a covered deck perfectly positioned to capture year-round sunsets, ocean breezes, and panoramic coastline views. With separate living areas, spectacular ocean views, and tremendous flexibility, this property presents a unique opportunity for homeowners and investors seeking a home with long-term value and income potential on the Kona Coast.

Property Details

Price: $949,000
Sold Price:
Address: 73-1102 LOLOA DR, KAILUA KONA, HI 96740
Ownership: Full
Status: Active
Category: Residential
Type:

Total Bedrooms: 3
Total Bathrooms: 2
Full Baths: 2
Living Area: 1,510 Square Feet

Listed by: Knutson & Associates
Year Built: 1981
Levels:

Features and Amenities

Interior Features:
Exterior Features:
View: Ocean, Ocean Horizon
Pool:
Pool Features:

Appliances: Dishwasher, Disposal, Dryer, Electric Cooktop, Freezer, Microwave, Range, Range Hood, Refrigerator, Washer
Fireplace Features:
Flooring: Carpet, Hardwood
Security:
Laundry:
Garage Spaces:
Carport Spaces:
Parking Features: Attached, Covered
Additional Structures:
Home Warranty:

Community Information

Project Name:
Subdivision Name: KONA WONDER VIEW LOTS
Association Fee: $10 Monthly
Stories:
Year Established:
Lava Zone: 4
Flood Zone: X

Land Information

Lot Size: 7,520 Square Feet
Waterfront:
Land Lease Rent:
Lease Type:
Land Tenure: Fee Simple
Lot Features: Grassy
Frontage Type:
Roads: County
Roads Frontage Type: Road/Street
Zoning: A-5A
Horse Amenities:

Additional Details

Assessed Tax Value: $643,900
Annual Tax: $7,147
Tax Year: 2025
Tax Lot: 55
Tax Block:

Utilities: Cable Available, Electricity Available, Phone Available
Cooling: None
Heating: None
Sewer: Cesspool
Water:
Solid Waste Disposal: Private Contractor

First Listed June 15, 2026, 10:23 am
Last Updated June 16, 2026, 9:46 am
Listing Conditions: Fee Simple, Standard
Property Condition:
Financial Info Available:

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