78-6737 WALUA RD, KAILUA-KONA, HI 96740

Luxury Estate with Panoramic Ocean Views & Rare B&B Opportunity

Listing Provided by: First Island Realty, LLC
MLS #: 729823
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Description

Introducing a truly exceptional legacy property, offered for the first time in nearly a quarter century, this magnificent 1.2-acre estate captures the essence of elevated island living. Gracefully positioned above Keauhou Bay, the residence commands over 100 feet of uninterrupted ocean frontage, delivering sweeping sunset vistas that transform every evening into a private spectacle. **An Enchanting Tropical Sanctuary** Step into a lush, curated paradise where mature landscaping and vibrant tropical flora create a serene, resort-like ambiance. The grounds are adorned with 16 fruit-bearing trees—including mango and avocado, while terraced gardens, ambient lighting, and winding pathways invite quiet moments of reflection and connection with nature. **Expansive & Elegant Living Spaces** The 3,708-square-foot residence is thoughtfully designed for both refined comfort and effortless entertaining. Featuring 5 spacious bedrooms and 5.5 bathrooms, the home accommodates multi-generational living or guest hosting with ease. Recent upgrades to the gourmet kitchen and primary suite bath introduce modern sophistication, seamlessly blending with the home’s timeless open-beam architecture and authentic Hawaiian character. **Resort-Caliber Outdoor Living** Designed to rival a private retreat, the estate’s outdoor amenities are nothing short of spectacular: * Two expansive swimming pools * A built-in hot tub for ultimate relaxation * Generous lanais and covered entertaining areas * Secluded terraces showcasing mesmerizing ocean and sunset views **Exclusive Turnkey B&B Opportunity** Included with the property is a rare, county-registered and grandfathered Bed & Breakfast permit, an increasingly scarce asset in Hawaii, presenting a seamless, income-generating opportunity with an established guest base already in place. Walkthrough video: https://youtube.com/shorts/-OmOW0WLGxs

Property Details

Price: $2,599,000
Sold Price:
Address: 78-6737 WALUA RD, KAILUA-KONA, HI 96740
Ownership: Full
Status: Active
Category: Residential
Type:

Total Bedrooms: 5
Total Bathrooms: 6
Full Baths: 5
Living Area: 3,708 Square Feet

Listed by: First Island Realty, LLC
Year Built: 1968
Levels:

Features and Amenities

Interior Features:
Exterior Features:
View:
Pool: Yes
Pool Features: Gunite, In Ground, Pool/Spa Combo

Appliances:
Fireplace Features:
Flooring: Hardwood
Security:
Laundry:
Garage Spaces:
Carport Spaces:
Parking Features: Attached
Additional Structures:
Home Warranty:

Community Information

Project Name:
Subdivision Name: KUAKINI HOUSELOTS
Association Fee: $0 Monthly
Stories:
Year Established:
Lava Zone: 4
Flood Zone: X

Land Information

Lot Size: 52,272 Square Feet
Waterfront:
Land Lease Rent:
Lease Type:
Land Tenure: Fee Simple
Lot Features:
Frontage Type:
Roads: County, Paved
Roads Frontage Type:
Zoning: RS-15
Horse Amenities:

Additional Details

Assessed Tax Value: $2,038,700
Annual Tax: $20,576
Tax Year: 2024
Tax Lot: 82-D
Tax Block:

Utilities: Electricity Available
Cooling:
Heating:
Sewer: Cesspool
Water:
Solid Waste Disposal: Other (remarks)

First Listed April 22, 2026, 5:50 am
Last Updated April 22, 2026, 5:50 am
Listing Conditions: Fee Simple, Standard
Property Condition:
Financial Info Available:

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