75-5948 Alii Drive

Kailua-Kona, HI 96740

$5,590,000
Price
6
Beds
6
Baths
3,655 Sq. Ft.
$1,529 / Sq. Ft.
3,655
Sq. Ft.
$1,529
per Sq. Ft.

Description

The sellers have done extensive upgrading making this home a luxury vacation rental.
Welcome to this exceptional oceanfront investment property in Kailua Kona! This unique home offers not only a lucrative investment opportunity but also a lifestyle that is truly unmatched.
Situated just steps away from the shoreline, this property provides the ultimate oceanfront living experience. Imagine waking up to the sound of crashing waves and enjoying your morning coffee while witnessing the beauty of dolphins
...The sellers have done extensive upgrading making this home a luxury vacation rental.

Welcome to this exceptional oceanfront investment property in Kailua Kona! This unique home offers not only a lucrative investment opportunity but also a lifestyle that is truly unmatched.

Situated just steps away from the shoreline, this property provides the ultimate oceanfront living experience. Imagine waking up to the sound of crashing waves and enjoying your morning coffee while witnessing the beauty of dolphins and whales swimming by during their seasonal visits.

With six bedrooms and six bathrooms, this spacious home is selling turn-key furnished . Each room is meticulously designed to provide comfort and privacy, ensuring a relaxing retreat for all.

The highlight of this property is its stunning oceanfront pool and spa. Imagine lounging by the pool, basking in the warm Hawaiian sun, and taking in the breathtaking views of the sparkling blue ocean. Whether you're enjoying a refreshing swim or unwinding in the spa, you'll have front-row seats to the beauty of the ocean.

This home offers an incredible investment opportunity, with its prime oceanfront location and the potential for high rental income. With its proximity to the popular Kailua Kona area, you'll attract vacationers and tourist who seek a luxurious and memorable Hawaiian experience.

Beyond the investment potential, this property also offers a lifestyle that is truly unparalleled. From the convenience of walking to the vibrant Kailua Kona Town, where you can explore local shops, restaurants, and entertainment, to the tranquility of the oceanfront setting, this home embodies the essence of Hawaiian living.

Don't miss the chance to own this remarkable oceanfront investment property that has had a profitable return but also offers a lifestyle that dreams are made of. Embrace the beauty of Kailua Kona and make this extraordinary property yours.

Listing Agent

  1. Sharon Brown

    Sharon Brown

    Listing Agent

    Compass

    License #RB-21161

Property Details for 75-5948 Alii Drive

Subdivision
KAHULUI 1ST & 2ND
Zoning
V-1.25
View
Coastline, Mountain, Ocean, Ocean Horizon, Sunset
Land Tenure
Fee Simple

Location

Add your commute
LISTING UPDATED: 04/01/2024 04:32 PM

Property Details for 75-5948 Alii Drive

StatusActive
MLS #706133
Days on Market132
Taxes$38,353 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Attached
Year Built1990
Lot Size0.27 AC / 11,625 SF
CountyHawaii County

Location

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Building Information for 75-5948 Alii Drive

Stories-Year Built1990Building Size-Lot Size0.27 AC / 11,625 SF

Payment Calculator

$33,703 per month

30 year fixed, 7.25% Interest

Principal and Interest

$30,507

Property Taxes

$3,196

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 75-5948 Alii Drive

Summary
Location and General Information
  • Topography: Level
  • Latitude: 19.62514781
  • Location: 75-5948 ALII DR
  • Longitude: -155.98720584
  • Oceanfront Parcel: Y
  • Street: ALII DR
  • Street Address Full: 75-5948 ALII DR KAILUA-KONA HI 96740
  • Street Number: 75-5948
  • City: KAILUA-KONA
  • District: North Kona
  • Zip Code: 96740
Taxes and HOA Information
  • Exempt Amount: $0
  • Tax Year: 2023
  • Taxes (Annual): $38,352.72
  • Taxkey: 3-7-5-19-28
  • Taxkey9: 375019028
Parking
  • Garage Area (Total): 0.0
  • Carport Area (Total): 0.0
  • Carport Spaces (Total): 0.0
  • Vehicle Storage/Parking: Detached
Virtual Tour
Property
Lot Information
  • Roads: County
  • Structures: Yes
  • Roofed Areas (Total): 0.0
  • Agriculture Dedicated: No
  • Year Built Maximum: 1990
  • Year Built Minimum: 1990
  • Exterior Area (Total): 0.0
  • Interior Area (Total): 3655.0
  • Land Area: 11625.0
  • Lot Description - Land: Clear
  • Lot Number: C
  • Other Square Footage (Total): 0.0
  • Frontage: Rocky Beach
  • Flood Zone: VE, X
  • Lava Zone: 4
Property and Assessments
  • Disclosure Form: Yes
  • Assessed Value: $3,187,700
  • Assessment Year: 2023
  • Property Type: Residential
  • Photos: 30
Utilities
  • Power: Overhead
  • Wastewater: Sewer-Connected
  • Water: County
  • Solid Waste Disposal (Trash): Private Contractor
Interior and Exterior Features
Exterior Features
  • Fence/Wall: Vinyl
  • Pool: Y
  • Pool Type: In Ground, Concrete/Gunite
Interior Features
  • Features: Ceilings-9'+, BBQ/Cooking Pit, Landscaped
  • Window Coverings: Blinds, Shutters
  • Washer/Dryer: Front Load, Stacked Washer/Dryer
  • TV Availability: Cable
  • Telephone Availability: Cell, Cable, Land Line
  • Stories Number Maximum: 0
  • Stories Number Minimum: 0
  • Appliances: Double Ovens, Disposal, Dishwasher, Gas Cooktop, Microwave, Oven, Refrigerator, Other (remarks)
  • Bathrooms (Total): 6
  • Baths 1/2 (Total): 0
  • Baths 1/4 (Total): 0
  • Baths 3/4 (Total): 0
  • Baths Full (Total): 6
  • Bedrooms (Total): 6
  • Floor Covering: Ceramic Tile
  • Heating/Cooling: Split/Zoned, Other (remarks)
  • Internet Availability: Cable
Multi Family
Multi-Family Information
  • # of Units (Total): 0
Agent
Sale and Listing
  • Ownership: Full
  • Price Direction: -
  • Media Changed: 12-21-2023
  • Terms Acceptable: Cash, Conventional, 1031 Exchange
  • Listor Name: Sharon Brown
  • Days on Market: 102
  • First Photo Sequence: 18
  • Sub-agency offered?: No
  • Subtype of Listing: Attached
  • Remarks - Public: The sellers have done extensive upgrading making this home a luxury vacation rental.<br><br>Welcome to this exceptional oceanfront investment property in Kailua Kona! This unique home offers not only a lucrative investment opportunity but also a lifestyle that is truly unmatched.<br><br>Situated just steps away from the shoreline, this property provides the ultimate oceanfront living experience. Imagine waking up to the sound of crashing waves and enjoying your morning coffee while witnessing the beauty of dolphins and whales swimming by during their seasonal visits.<br><br>With six bedrooms and six bathrooms, this spacious home is selling turn-key furnished . Each room is meticulously designed to provide comfort and privacy, ensuring a relaxing retreat for all.<br><br>The highlight of this property is its stunning oceanfront pool and spa. Imagine lounging by the pool, basking in the warm Hawaiian sun, and taking in the breathtaking views of the sparkling blue ocean. Whether you're enjoying a refreshing swim or unwinding in the spa, you'll have front-row seats to the beauty of the ocean.<br><br>This home offers an incredible investment opportunity, with its prime oceanfront location and the potential for high rental income. With its proximity to the popular Kailua Kona area, you'll attract vacationers and tourist who seek a luxurious and memorable Hawaiian experience.<br><br>Beyond the investment potential, this property also offers a lifestyle that is truly unparalleled. From the convenience of walking to the vibrant Kailua Kona Town, where you can explore local shops, restaurants, and entertainment, to the tranquility of the oceanfront setting, this home embodies the essence of Hawaiian living.<br><br>Don't miss the chance to own this remarkable oceanfront investment property that has had a profitable return but also offers a lifestyle that dreams are made of. Embrace the beauty of Kailua Kona and make this extraordinary property yours.
  • REversion: 600
  • Sale Type: Standard Sale
  • DZS: 375
Showing and Remarks
  • Showing Instructions: Call Listor, Listing Agent Must be Present

Property History for 75-5948 Alii Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 75-5948 Alii Drive

Taxable ValueLand$1,112,500Additions$706,600Total$1,819,100
Tax Record2021$10,633 ($886 / month)
Home Facts
Beds6Baths6Total Finished SqFt3,667 SqFtAbove Grade Finished SqFt3,667 SqFtStories1Lot Size11,587 SqFtStyleSingle Family ResidenceYear Built1990Year Renovated1990Zoning7C - FAMILY ACountyHAWAIIAPN3-7-5-019-028

Schools near 75-5948 Alii Drive

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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Similar Sold Homes

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75-5948 Alii Drive is a single family home for sale in Kailua-Kona, HI 96740. This property was listed for sale on December 21, 2023 by Compass, it's currently listed at $5,590,000. It has been on the market for a total of 132 days and was last sold on June 10, 2021. This listing's school district is Hawaii Department Of Education. Nearby schools include Kahakai Elementary School, Konawaena Middle School and Konawaena High School. 75-5948 Alii Drive is a 6-bed, 6-bath, 3,655 sqft single family home built in 1990.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.