Address
75-5777 Milena Pl, Kailua Kona, HI
Price
$ 1,499,500
Property Attributes
- MLS#732456
- TypeSingle Family
- Listing Status A
- CountyHAWAII
- CityKailua Kona
- AreaNorth Kona
- NeighborhoodKONA HEIGHTS SUBDIVISION
- Zip96740
- Style
- Year Built1978
- Taxes$ 10491
- Price$ 1,499,500
- Bedrooms6
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage3356
- Lot Size0.206703 Acres
Data Source:
Hawaii Info Service (HISMLS)
Property Description
Multiple living spaces, ocean views, major improvements already completed, and the ability to generate income, this beautiful property is a must see! Whether you're looking for an investment, a multi-generational home, or a home that can offset your monthly housing costs, this checks every box. Currently operating as an income-producing rental, the property is set up as three separate living spaces with a total of 6 beds and 4 baths. UNIT A | UPPER LEVEL: 3 bedrooms, 2 bathrooms, spacious living area, full kitchen, and dedicated laundry room. Ocean views can be enjoyed from the living room and all three bedrooms. The primary bedroom includes its own private bathroom. UNIT B | LOWER LEVEL: 2 bedrooms, 1 bathroom, full kitchen, and separate living room. UNIT C | LOWER LEVEL: 1 bedroom, 1 bathroom, kitchenette, and separate living room. The property also includes a second laundry room and a 2-car garage, providing additional storage and convenience. The sellers have invested significantly in the property, including a brand-new roof and conversion from a cesspool to a fully permitted 1,250-gallon septic system. Other improvements include new vinyl windows, remodeled kitchens and bathrooms, updated cabinetry and countertops, new LVP flooring, upgraded electrical, an added laundry room, seamless gutters, fencing, exterior paint, paver walkways, landscaping, custom window treatments, and more. For an investor, three living spaces create multiple sources of rental income from one property. For an owner-occupant, live in one and rent the others to help offset ownership costs. For extended family, the separate kitchens, living rooms, bedrooms, and bathrooms provide the ability to live together while maintaining privacy. With the major improvements already completed and multiple ways to use the property, 75-5777 Milena Place offers an opportunity that's hard to duplicate, just minutes from downtown Kailua-Kona.
| Price History | |
|---|---|
| 8/3/2026 | Listed $1,499,500 |
General Features
| Sewer | Septic Tank |
|---|---|
| Utilities | Cable Available, Electricity Available, Phone Available |
| Zoning | A-5A |
| HOA Fee | 0.0 |
| Garage Spaces | 2.0 |
| Land Tenure | Fee Simple |
| Year Built | 1978 |
| Topography | Fairly Level,Gentle Slope |
| Levels | Two |
| Property Subtype | Single Family Residence |
| Tax Year | 2026 |
| Ownership | Full |
| Assoc Fee Paid Per | Monthly |
| Property Type | Residential |
| Subdivision Name | KONA HEIGHTS SUBDIVISION |
| Full Baths | 4 |
| Status | A |
| City | Kailua Kona |
| Lot Size Units | Square Feet |
| Property Attached Y/N | No |
| Tax Annual Amount | 10491.72 |
| Home Warranty Y/N | No |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Tax Assessed Value | 945200 |
| Tax Lot | 45 |
| Listing Terms | 1031 Exchange, Cash, Conventional |
| Assoc/CIC | None |
| AttributionContact | 8084373119 |
| LeasableAreaUnits | Square Feet |
| Structures YN | Yes |
Interior Features
| Flooring | Carpet, Vinyl |
|---|---|
| Total Bedrooms | 6 |
| Total Baths | 4 |
Exterior Features
| Parking Features | Covered, Other |
|---|---|
| Lot Features | Cul-De-Sac, Dead End, Grassy |
| Lot Size Area | 9004.0 |
| Waterfront Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 96740
Price
Taxes
Year Built
Visits
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The information provided by AlohaLiving.com® has been compiled and provided in conjunction with 3rd Party sources. This information has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. Last Update: September 12, 2026 5:19 PM UTC
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