73-1218 MELOMELO ST, Kailua Kona, HI 96740
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73-1218 MELOMELO ST, Kailua Kona, HI 96740,Video Tour
73-1218 MELOMELO ST, Kailua Kona, HI 96740
73-1218 MELOMELO ST, Kailua Kona, HI 96740
73-1218 MELOMELO ST, Kailua Kona, HI 96740
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$ 1,180,000
Est. payment /mo
Active Under Contract

73-1218 MELOMELO ST Kailua Kona, HI 96740

4 Beds

3 Baths

2,157 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,157 sqft

Price per Sqft $547

Subdivision Kona Palisades

MLS Listing ID 731370

Bedrooms 4

Full Baths 3

HOA Fees $10/mo

HOA Y/N Yes

Year Built 1988

Annual Tax Amount $9,420

Tax Year 2025

Lot Size 10,000 Sqft

Property Sub-Type Single Family Residence

Source Hawaii Information Service

Land Area 10000

Property Description

Rare Opportunity to acquire this highly desirable fully furnished home offering ocean, coastline, harbor, and sunset views along with an outstanding income-producing opportunity. Located on a quiet side street on Melomelo St. with virtually no road noise, this versatile property features two completely separate living spaces, making it ideal for extended family, multi-generational living, or exceptional long-term rental income.

Upper Level: The upper level showcases a 3-bedroom, 2-bathroom layout with an open-concept design filled with natural light, vaulted ceilings, and a spacious covered lanai perfectly positioned to capture Kona's incredible sunsets and ocean views. Zoned split A/C systems in all three bedrooms ensure cool, comfortable sleeping spaces.

Lower Level: The lower level is entirely self-contained and fully air-conditioned with its own split A/C units. This space functions as a separated 1-bedroom, 1-bathroom, & features its own private entrance, an expansive covered lanai, a full living area, and a highly functional kitchenette equipped with a refrigerator, dishwasher, and freestanding kitchen island. It also boasts a large, private flex room with its own split A/C and window: perfect for a home office, walk-in pantry/laundry room, or as you see fit!

A truly remarkable 4 bedroom, 3 bath home that's loaded with upgrades. 2 separate washer and dryer sets, new roof installed in 2023 & a spacious two-car garage. Outside, enjoy a fully fenced backyard with mature tropical landscaping, offering privacy and room to relax or entertain.

Properties with this level of versatility and proven performance are rarely available. With an amazing rental history, two independent living spaces, expansive lanais on both levels, & a prime location just minutes from beaches, shopping, dining, Kona Airport, & Honokōhau Harbor. An exceptional opportunity for both investors and owner-occupants seeking the very best of Kona living.

Location

State HI

County Hawaii Island (big Island)

Community Kona Palisades

Area Hi

Zoning A-5A

Region North Kona

City Region North Kona

Interior

Interior Features Enclosed Lanai, High Ceilings

Hot Water Electric

Heating Zoned

Cooling Air Conditioning, Zoned

Flooring Ceramic Tile, Resin Tile, Vinyl

Appliance Convection Oven, Dishwasher, Disposal, Dryer, Freezer, Induction Cooktop, Microwave, Oven, Range, Range Hood, Refrigerator, Washer, Washer/Dryer Stacked

Exterior

Parking Features Attached, Covered

Utilities Available Cable Available, Electricity Available, Phone Available, Water Available

View Y/N Yes

Water Access Desc Public

View Coastline, Ocean, Ocean Horizon, Sunset

Topography Level

Garage No

Private Pool No

Building

Lot Description Grassy

Entry Level Two

Sewer Cesspool

Others

Ownership Full

Monthly Total Fees $10

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition Fee Simple, Standard

Virtual Tour https://my.matterport.com/show/?m=YEUefS8uKEY&mls=1


Hawaii Information Service (HIS)
Listed by Knutson & Associates

Nearby Locations

Jonathan Brooke

Jonathan Brooke

+1(808) 938-3679

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73-1218 MELOMELO ST