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75-5941 Walua Rd #3 (Kona)

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75-5941 Walua Rd #3, Kona
Selling or Buying in Kona?
Description
Many possibilities with this 3 unit two-story duplex plus studio located in Kailua Kona near Ali'i Drive and Kuakini Highway.

Unit 1: Just received the STVR permit for this unit which is transferrable to new owner.
Two-car garage with stack washer and dryer. Newly remodeled
living area, kitchen with new appliances with huge island on the second floor. 180 degree ocean view looking through the big glass doors to the lanai. It feels like a treehouse because you're high above the trees. The large primary bedroom and bathroom suite on the 3rd floor which has also been remodeled.

Unit 2: Just received STVR permit which is transferrable to new owner.
Living area, kitchen area, and lanai on the 2nd floor.
Primary suite with full bathroom on the third floor all remodeled.
Multiple storage closets and rooms throughout.
Unit #3 The efficiency studio has been enclosed as a home for the owners mother, with a washer/dryer, and a full bathroom.Great opportunity to acquire this legal duplex in the middle of Kailua Kona town.

This property is not currently used as a short-term vacation rental. However, short-term vacation rentals are an allowed use in commercial village zoning. Furnishings may be purchased separately for $25,000.

The information herein may contain inaccuracies and is provided without warranty or guarantee of any kind. Agents & Buyers must independently verify any info they deem material or important to their purchase along with zoning and use confirmed with the State and County of Hawaii.
Past Activity
More Details
  • Price / ft²: $638
  • Zoning: CV-10
  • TMK: 3750170140000
  • Tax Assessed Value: $1,002,100
  • Courtesy: eXp Realty
  • MLS: 715048
About Kona
  • Kona is the sunny west coast of the Big Island, making it the popular destination of tourists instead of the rainier Hilo side (see our weather data page).
     
  • In addition to new housing being built in existing Kona residential areas, especially Kailua-Kona, in the wake of the post 1950s tourism economy boom, recent years have seen new luxury master-planned communities like HualalaiKukio & Kohanaiki created as well.

Kona subdivisions include:
MLS properties and information provided herein is deemed reliable but is not guaranteed by the Hawaii Information Service, Inc. Listing Service. © 2025 Hawaii Information Service. All Rights Reserved. This website is for personal, non-commercial use only. Listings last updated on March 27, 2025.
Other Kona Homes
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$1,600,000
75-389 Hoene St
4 Bds | 4.5 Ba
2,905 ft²
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$1,600,000
75-5725 Lamaokeola St
6 Bds | 8 Ba
4,592 ft²
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$1,595,000
77-172 Kekai Pl
4 Bds | 3.5 Ba
2,690 ft²
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$1,595,000
75-5614-R Hienaloli Rd
3 Bds | 2.5 Ba
2,036 ft²
Other Big Island Homes
Volcano
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$1,599,800
11-3832 5th St
5 Bds | 3 Ba
2,144 ft²
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$1,600,000
34-1174 Hawaii Belt Rd
3 Bds | 2 Ba
2,984 ft²
Captain Cook
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$1,600,000
82-6301 Puuhonua Rd
2 Bds | 2 Ba
1,875 ft²
Captain Cook
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$1,600,000
82-6286 Puuhonua Rd
5 Bds | 6 Ba
2,551 ft²
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$1,590,000
77-298 Wikolia St
4 Bds | 3 Ba
2,816 ft²
Captain Cook
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$1,575,000
83-1008 Kahula Pl
4 Bds | 3 Ba
2,545 ft²
  • Sold 2/18/25 at $1,496,500
    (List Price: $1,599,000)
Description
Many possibilities with this 3 unit two-story duplex plus studio located in Kailua Kona near Ali'i Drive and Kuakini Highway.

Unit 1: Just received the STVR permit for this unit which is transferrable to new owner.
Two-car garage with stack washer and dryer. Newly remodeled
living area, kitchen with new appliances with huge island on the second floor. 180 degree ocean view looking through the big glass doors to the lanai. It feels like a treehouse because you're high above the trees. The large primary bedroom and bathroom suite on the 3rd floor which has also been remodeled.

Unit 2: Just received STVR permit which is transferrable to new owner.
Living area, kitchen area, and lanai on the 2nd floor.
Primary suite with full bathroom on the third floor all remodeled.
Multiple storage closets and rooms throughout.
Unit #3 The efficiency studio has been enclosed as a home for the owners mother, with a washer/dryer, and a full bathroom.Great opportunity to acquire this legal duplex in the middle of Kailua Kona town.

This property is not currently used as a short-term vacation rental. However, short-term vacation rentals are an allowed use in commercial village zoning. Furnishings may be purchased separately for $25,000.

The information herein may contain inaccuracies and is provided without warranty or guarantee of any kind. Agents & Buyers must independently verify any info they deem material or important to their purchase along with zoning and use confirmed with the State and County of Hawaii.
    MLS properties and information provided herein is deemed reliable but is not guaranteed by the Hawaii Information Service, Inc. Listing Service. © 2025 Hawaii Information Service. All Rights Reserved. This website is for personal, non-commercial use only. Listings last updated on March 27, 2025.
    • Kona is the sunny west coast of the Big Island, making it the popular destination of tourists instead of the rainier Hilo side (see our weather data page).
       
    • In addition to new housing being built in existing Kona residential areas, especially Kailua-Kona, in the wake of the post 1950s tourism economy boom, recent years have seen new luxury master-planned communities like HualalaiKukio & Kohanaiki created as well.

    Kona subdivisions include:
    Other Kona Homes
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    $1,600,000
    75-389 Hoene St
    4 Bds | 4.5 Ba
    2,905 ft²
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    $1,600,000
    75-5725 Lamaokeola St
    6 Bds | 8 Ba
    4,592 ft²
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    $1,595,000
    77-172 Kekai Pl
    4 Bds | 3.5 Ba
    2,690 ft²
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    $1,595,000
    75-5614-R Hienaloli Rd
    3 Bds | 2.5 Ba
    2,036 ft²
     
    You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
    Buyer and Seller have reached an agreement and are under contract. The sale may be subject to one or more contingencies.
    We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, we can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
    Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
    We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
    Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
    Other fees could be a special assessment, reserve contributions etc.
    DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
    Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
    Learn about property tax rates.