78-6737 Walua Rd

$2,795,000
Price
5
Beds
3,708 Sq. Ft.
$754 / Sq. Ft.
3,708
Sq. Ft.
$754
per Sq. Ft.

Description

One-of-a-Kind Estate with Breathtaking Ocean Views & Established B&B Permit – Kailua-Kona, Hawaii Offered for the first time in nearly 25 years, this extraordinary 1.2-acre estate is a rare gem just minutes from downtown Kailua-Kona. Perched above Keauhou Bay with over 100 feet of panoramic ocean and sunset views, this property blends timeless Old Hawaii charm with modern upgrades and exceptional income potential. Tropical Paradise Living Surrounded by lush, professionally landscaped gardens and...One-of-a-Kind Estate with Breathtaking Ocean Views & Established B&B Permit – Kailua-Kona, Hawaii Offered for the first time in nearly 25 years, this extraordinary 1.2-acre estate is a rare gem just minutes from downtown Kailua-Kona. Perched above Keauhou Bay with over 100 feet of panoramic ocean and sunset views, this property blends timeless Old Hawaii charm with modern upgrades and exceptional income potential. Tropical Paradise Living Surrounded by lush, professionally landscaped gardens and 16 mature fruit trees—including mango and avocado—this estate is a plant lover’s paradise. Terraced gardens, vibrant tropical foliage, and automatic landscape lighting create a tranquil, resort-like setting. Spacious Main Residence The 3,708 sq ft home offers 5 bedrooms and 5.5 bathrooms, ideal for multi-generational living, hosting guests, or flexible use. Recent updates to the kitchen and primary bathroom add modern style while preserving the home’s open-beam architecture and island character. Resort-Style Outdoor Amenities Two large swimming pools Built-in hot tub Expansive lanais and outdoor entertaining areas Private terraces with stunning ocean and sunset views Established, Grandfathered Bed & Breakfast This property includes a rare, county-registered B&B permit. Sale includes all business documentation and licensing, offering a valuable turnkey opportunity with an established clientele. Key Features Standing seam metal roof Solid slab foundation Open-beam ceilings Paved county roads Central yet private location near Kailua-Kona and Keauhou Bay
  1. Listed by Laure McElwee • License #RB-20623 • Brokerage DRE #RB-20737 • First Island Realty, LLC
    P: (808)-217-0429 C: (808)-217-0429 laure@firstislandrealty.com

Property Details for 78-6737 Walua Road

Waterfront
No
Subdivision Name
KUAKINI HOUSELOTS
Zoning
RS-15
LISTING UPDATED: 10/17/2025 12:29 PM

Property Details for 78-6737 Walua Road

StatusActive
MLS #720959
Days on Market220
Taxes$20,576 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1968
Lot Size1.20 AC / 52,272 SF
CountyHawaii County

Location

Listing Courtesy of First Island Realty, LLC, Laure McElwee, License #RB-20623
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Building Information for 78-6737 Walua Road

Stories-Year Built1968Building Size-Lot Size1.20 AC / 52,272 SF

Payment Calculator

$15,526 per month

30 year fixed, 6.28% Interest

Principal and Interest

$13,811

Property Taxes

$1,715

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 78-6737 Walua Road

Summary
Location and General Information
  • Flood Zone: X
  • Lava Zone: 4
  • Directions: Heading South from Kailua-Kona Town on HWY 11 turn left on Kamehameha III Rd, directly across the street from the top of Kamehameha III Rd.
  • Latitude: 19.58959907
  • Longitude: -155.95487766
  • Year Built: 1968
  • Roads: County, Paved
Taxes and HOA
  • Association Fee Frequency: Monthly
  • Tax Year: 2024
  • Association Fee: $0
  • Tax Annual Amount: $20,576
  • Tax Assessed Value: 2038700.0
  • Parcel Number: 3-7-8-9-15
  • Tax key: 378009015
  • Tax Lot: 82-D
Parking
  • Carport Area Units: Square Feet
  • Garage Area Units: Square Feet
  • Parking Features: Attached
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Property
Lot Information
  • Lot Size Units: Square Feet
  • Property Attached: No
  • Living Area Units: Square Feet
  • Other Building Area Units: Square Feet
  • Roofed Area Units: Square Feet
  • Land Tenure: Fee Simple
  • Living Area: 3708.0
  • Lot Size Area: 52272.0
Property and Assessments
  • Special Assessment Amount Frequency: Monthly
  • Assessment Year: 2024
  • Covenants Conditions Restrictions: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Agriculture Dedicated: Yes
Utilities
  • Sewer: Cesspool
  • Solid Waste Disposal: Other (remarks)
  • Utilities: Electricity Available
Interior and Exterior Features
Exterior Features
  • Pool Features: Gunite, In Ground, Pool/Spa Combo
  • Exterior Area Units: Square Feet
  • Pool: Yes
Interior Features
  • Elevation Units: Feet
  • Bathrooms Total: 5
  • Flooring: Hardwood
  • Bathrooms Full: 5
  • Bathrooms Half: 1
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total Integer: 6
  • Bedrooms Total: 5
Rental
Rental Information
  • Leasable Area Units: Square Feet

Property History for 78-6737 Walua Road

DateEvent & SourcePriceAppreciation
Sep 10, 2025

Price Change

HIS #720959

$2,795,000
May 29, 2025

Listed (Active)

HIS #720959

$2,950,000
Feb 2, 2025

Permanently Off Market

HIS #711336

Jul 15, 2024

Listed (Active)

HIS #711336

$3,500,000
Nov 9, 2020

Sold (Public Record)

Public Record #683725226

$625,000

-2.6% / yr

May 31, 2020

Temporarily Off Market

HIS #634982

Dec 10, 2019

Listed (Active)

HIS #634982

$1,700,000
Apr 23, 2012

Sold (Public Record)

Public Record #329245681

$780,000

+1.4% / yr

Jan 16, 2012

Permanently Off Market

HIS #242180

$875,000
Feb 9, 2011

Listed (Active)

HIS #242180

$1,299,000
May 1, 2001

Sold (Public Record)

Public Record #72129666

$667,000
May 1, 2001

Sold

HIS #24331

$667,000
Mar 10, 2001

Contract Signed

HIS #24331

Oct 22, 2000

Listed (Active)

HIS #24331

$667,000
Oct 16, 2000

Temporarily Off Market

HIS #10970

Oct 21, 1999

Listed (Active)

HIS #10970

$625,000
Nov 18, 1998

Permanently Off Market

HIS #84812

Jul 30, 1997

Listed (Active)

HIS #84812

$495,000
May 2, 1997

Temporarily Off Market

HIS #73594

Dec 31, 1995

Listed (Active)

HIS #73594

$685,000
DateEvent & SourcePrice
09/10/2025

Price Change

HIS #720959

$2,795,000
05/29/2025

Listed (Active)

HIS #720959

$2,950,000
02/02/2025

Permanently Off Market

HIS #711336

07/15/2024

Listed (Active)

HIS #711336

$3,500,000
11/09/2020

Sold (Public Record)

Public Record #683725226

$625,000

-2.6% / yr

05/31/2020

Temporarily Off Market

HIS #634982

12/10/2019

Listed (Active)

HIS #634982

$1,700,000
04/23/2012

Sold (Public Record)

Public Record #329245681

$780,000

+1.4% / yr

01/16/2012

Permanently Off Market

HIS #242180

$875,000
02/09/2011

Listed (Active)

HIS #242180

$1,299,000
05/01/2001

Sold (Public Record)

Public Record #72129666

$667,000
05/01/2001

Sold

HIS #24331

$667,000
03/10/2001

Contract Signed

HIS #24331

10/22/2000

Listed (Active)

HIS #24331

$667,000
10/16/2000

Temporarily Off Market

HIS #10970

10/21/1999

Listed (Active)

HIS #10970

$625,000
11/18/1998

Permanently Off Market

HIS #84812

07/30/1997

Listed (Active)

HIS #84812

$495,000
05/02/1997

Temporarily Off Market

HIS #73594

12/31/1995

Listed (Active)

HIS #73594

$685,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 78-6737 Walua Road

Taxable ValueLand$439,500Additions$1,675,500Total$2,115,000
Tax Record2025$21,423 ($1,785 / month)
Home Facts
Beds5Baths5.5Total Finished SqFt3,776 SqFtAbove Grade Finished SqFt3,776 SqFtStories1Lot Size52,272 SqFtStyleSingle Family ResidenceYear Built1968Year Renovated1995ZoningRS-15CountyHAWAIIAPN3-7-8-009-015

Schools near 78-6737 Walua Road

This home is within Hawaii Department Of Education.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Kahakai Elementary School
PublicPK to 5

Konawaena Middle School
Public6 to 8

Konawaena High School
Public9 to 12

Innovations - Public Charter School
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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78-6737 Walua Road is a single family home for sale in Kailua-Kona, HI 96740. This property was listed for sale on May 29, 2025 by First Island Realty, LLC, it's currently listed at $2,795,000. It has been on the market for a total of 220 days and was last sold on November 9, 2020. This listing's school district is Hawaii Department Of Education. Nearby schools include Kahakai Elementary School, Konawaena Middle School and Konawaena High School. 78-6737 Walua Road is a 5-bed, 6-bath, 3,708 sqft single family home built in 1968.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of First Island Realty, LLC, Laure McElwee, License #RB-20623

Based on information from one of the following Multiple Listing Services: Hawaii HIS, MAUI MLS and Hi Central. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Hawaii HIS, MAUI MLS and Hi Central is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.