Address
73-4392 Punawele Street, Kailua Kona, HI
Price
$ 1,699,000
Property Attributes
  • MLS#202605141
  • TypeSingle Family
  • Listing Status Active
  • CountyHawaii
  • CityKailua Kona
  • AreaN. Kona
  • NeighborhoodKONA ACRES
  • Zip96740
  • Style
  • Year Built1979
  • Taxes$ 12072
  • Price$ 1,699,000
  • Bedrooms6
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage2896
  • Lot Size1 Acres
Data Source:
HiCentral MLS (HICMLS)
Property Description

Discover your private tropical oasis in the desirable Kona Acres community—an exceptional one-acre estate featuring a main residence, pool house, and detached hosted vacation rental surrounded by lush landscaping and ocean views. The main home offers 4 bedrooms and 3 bathrooms with new luxury vinyl plank flooring, fresh interior paint, upgraded recessed lighting, and an open-concept layout. The spacious kitchen includes a reverse osmosis system, new refrigerator, and overlooks the pool and tropical grounds. The living area features a home theater with an automated projector, retractable screen, and surround sound. The primary suite includes a walk-in closet, ensuite bath, and private lanai. Outside, enjoy a solar-heated pool framed by mature tropical landscaping with papaya, loquat, white pineapple, and avocado trees. The pool house offers a private bedroom and bath, while the fully remodeled detached 2-bedroom, 1-bath guest home currently operates as a hosted short-term vacation rental. A rare opportunity combining privacy, ocean views, resort-style living, and income potential.

Price History
3/10/2026 Listed $975,000
3/25/2026 77$1,725,000
6/25/2026 2$1,699,000

General Features

Utilities Cable Available,High Speed Internet Available,Phone Available,Water Available
Architectural Style Detached,Multi-Family,Multiplex
View Mountain(s),Ocean,Sunset,Sunrise
Stories Count 1
Levels One
Property Subtype Single Family Residence
Community Features Deck/Porch,Patio,Storage Facilities
County Hawaii
New Construction false
Property Type Residential
Subdivision Name KONA ACRES
Full Baths 4
Status Active
ModificationTimestamp 2026-09-05T00:00:04.793-00:00
City Kailua Kona
MLS Area N. Kona
Carport Y/N true
Property Condition Good Condition
Standard Status Active
Tax Assessed Value 1291200
PostalCity Kailua Kona
AttributionContact (808) 725-2794
Pool Features Heated,In Ground,Tile
Year Built 1979
Year Built Effective 1983
Disclosures Pet on Property,Seller Disclosure
Zoning Description Neighbor Island - See Remarks
Sewer Cesspool
Construction Materials Masonry,Stucco
Land Tenure FeeSimple
Island Hawaii
Tax Annual Amount 12072
Topography Level
Association Fee Includes None
Virtual Tour https://my-photostation.aryeo.com/videos/019cb813-ebad-72aa-bf57-c1876eb229fd
Association Name Kona Acres

Interior Features

Interior Amenities Bedroom on Main Level,Full Bath on Main Level
Flooring Vinyl
Furnished Y/N Partially
Total Bedrooms 6
Total Baths 4
Room Type Entry/Foyer,Guest Quarters

Exterior Features

Parking Features Carport,Driveway
Lot Features Flag Lot,Interior Lot,Level
Total Parking 5
Lot Size Area 47088
Building Area Total 4112
Exterior Amenities Landscaping
Fencing Fenced,Wall
Water Source Public
Inclusions AC Window Unit,Blinds,Ceiling Fan,Compactor,Dishwasher,Disposal,Drapes,Dryer,Range/Oven,Refrigerator,Smoke Detector,Washer,Water Heater

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
AVG $1.46M
$1.7M
Taxes
AVG $8,499
$12,072
Year Built
AVG 1998
1979