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$7,200,000
4 Beds ⋅ 5 Baths ⋅ 729531 MLS ⋅ ['Fee Simple'] Tenure ⋅ Hale Alani BLDG.
Hale ʻAlani 39 is a 4-bedroom, 4.5-bath residence with a detached guest house, sweeping views of the ocean, golf course, Hualālai Mountain, and Mauna Loa Mountain. Curated furniture package by award-winning designer Nicole Hollis, creates a cohesive and sophisticated interior aesthetic with expansive outdoor spaces. Inside, vaulted ceilings and rich, natural finishes create a warm yet contemporary ambiance. Basalt flooring anchors the main living areas, while the gourmet kitchen is appointed with a walk-in pantry, premium appliances, and a built-in Miele espresso machine. A dedicated wine room further elevates the home’s capacity for entertaining. The great room opens to the outdoors, where a distinctive layout positions the spa along the ocean-facing side and the pool to the north, creating separate yet equally inviting areas for relaxation. Just beyond the kitchen window, a tranquil water feature with lounge seating adds a serene focal point. An outdoor ENO gas grill and oven, anchors the alfresco dining experience, while tiki torches placed throughout the property lend a warm glow to evening gatherings. A detached guest ʻohana provides additional privacy and flexibility, complete with its own side yard, while a detached two-car garage with built-in cabinetry adds convenience. Sustainability and efficiency are supported by 40 solar panels and two Tesla Powerwall batteries. Hale ʻAlani 39 presents a rare opportunity to experience elevated island living, where thoughtful design, comfort, and natural beauty come together effortlessly. Kohanaiki is an exclusive private club and residential community along the Kona coast of Hawaii's Big Island, spanning 450 acres with a 1½-mile shoreline.

73-4476 Lemi Pl Unit 39, KAILUA KONA

Listing courtesy of Kohanaiki Realty LLC.

$9,495,000
730874 MLS ⋅ ['Fee Simple'] Tenure
Exceptional 3-acre homesite located on a premier end lot at the northern edge of Kaupulehu Development (KD), offering breathtaking 360-degree views of the Pacific Ocean, Maui, and Kohala, Mauna Kea, and Hualālai Mountains. Few properties capture both dramatic sunrise vistas and year-round sunset views, providing an ever-changing panorama from dawn to dusk. Overlooking a 214-acre Cultural Reserve rich in Hawaiian history, this rare offering enjoys forever-protected ocean vistas, exceptional privacy, and a remarkable sense of place. The expansive homesite provides an extraordinary setting for creating a world-class estate in one of the Big Island's most exclusive coastal communities. Conceptual plans have been created by Aina Ola for an approximately 10,655 square foot luxury residence with 16,478 under roof square feet including the main house, guest suites, lanai, garage and amenities, providing a valuable head start while illustrating the exceptional scale and potential of the property. Ownership includes access to the Kaupulehu Beach Club, featuring a two-tiered swimming pool, expansive event lawn, and a pathway to a secluded black sand beach. Kaupulehu is a gated, access-controlled community with 24-hour security along the coveted Kona Coast. By invitation only, owners may apply for membership to the exclusive Kukio Golf & Beach Club, offering world-class amenities including Tom Fazio-designed golf courses, private clubhouses, dining, ocean pursuits, wellness facilities, and an extensive sports complex. A rare opportunity to build a legacy estate with unmatched views, privacy, and access to some of Hawaiʻi's finest amenities.

72-1159 Kekahawaiole Dr, KAILUA KONA

Listing courtesy of COMPASS.

$5,000,000
730926 MLS ⋅ ['Fee Simple'] Tenure
A rare opportunity to build a custom luxury estate within the prestigious Hualalai Resort. Situated on 1.09 acres at Hualalai Resort 72-5001 Ihoikai Place, this exceptional homesite pairs rare scale with the convenience of a complete set of approved architectural plans, allowing the next owner to move forward with confidence and significantly shorten the design and permitting timeline. The thoughtfully designed approved plans embrace Hawaii's celebrated indoor-outdoor lifestyle while taking advantage of the property's natural beauty. Owners have the opportunity to apply for membership to the exclusive Hualalai Club, featuring access to exceptional resort amenities, including the private Tom Weiskoft designed Ke'olu Golf Course, the Jack Nicklaus Signature Hualalai Golf Course, members only Canoe Club, ocean activities, oceanfront dining, fitness and wellness facilities, tennis, pickleball, spa services and the renowned Four Seasons Resort Hualalai. PROPERTY HIGHLIGHTS. ● 1.09 - acre homesite within Hualalai Resort ● Permit-ready all building permits secured: work can start as soon as crews mobilize ● Full set of approved architectural plans included ● Streamlined path to construction ● Private and Peaceful setting with filtered ocean views ● Elevated on a private cul-de-sac ● Opportunity to apply for Hualalai Club membership ● Access to world-class golf, dining, wellness, and resort amenities ● One of the few opportunities to acquire a ready-to-build parcel within the Hualalai Resort ● Rock wall improvements add value, character, and privacy reducing future site development costs ● A distinguished and dramatic setting for those seeking the pinnacle of Big Island Luxury

72-5001 Iho Ikai Place, KAILUA KONA

Listing courtesy of Corcoran Pacific Properties.

$5,650,000
4 Beds ⋅ 5 Baths ⋅ 729704 MLS ⋅ ['Fee Simple'] Tenure ⋅ Hale Alani BLDG.
Hale ʻAlani 24 is a thoughtfully designed home positioned to capture warm sunrise views over Hualālai Mountain. This 4-bedroom, 4.5-bath home offers 3,909 square feet of refined living space with a level of comfort and sophistication ideal for both relaxation and entertaining. Offered fully furnished with a custom RH furniture package, this turnkey home blends luxury with effortless island living. The bright and airy interior features an open-concept layout defined by vaulted ceilings, clean architectural lines, and expansive sliding pocket doors that create a seamless connection to the surrounding lanais and tropical landscape. The gourmet kitchen is equipped with Wolf and Sub-Zero appliances, a spacious island with bar seating, walk-in pantry, and custom cabinetry designed for both functionality and style. Approximately 468 square feet of covered lanai space provides the perfect setting for dining, lounging, and enjoying Kohanaiki’s year-round climate and gentle breezes. The primary suite serves as a calming retreat with a spa-inspired bathrom and outdoor shower, while the three additional guest bedrooms each feature their own en-suite bath. A second guest suite also includes a private outdoor shower, enhancing the home’s relaxed resort-style feel. Thoughtfully positioned within the community, Hale ʻAlani 24 enjoys a peaceful setting with convenient access to Kohanaiki’s world-class amenities, including the nearby golf course and beach, offering both privacy and ease of access in one exceptional island home. Kohanaiki is an exclusive private club and residential community along the Kona coast of Hawaii's Big Island, spanning 450 acres with a 1½-mile shoreline. Deeply rooted in Hawaiian culture, it blends ancient history with modern luxury. World-class amenities include a Rees Jones golf course, a 67,000-square-foot clubhouse, resort-style pools, bowling, tennis, pickleball, exclusive adventures and more.

73-6284 Alani Loop Unit 24, KAILUA KONA

Listing courtesy of Kohanaiki Realty LLC.

$5,350,000
4 Beds ⋅ 5 Baths ⋅ 729953 MLS ⋅ ['Fee Simple'] Tenure
This oceanfront four-bedroom, four-bathroom residence within Kona Bay Estates offers 3,490 sq ft of interior living space on a 12,020 sq ft parcel. Designed by Lucky Bennett, the home reflects a deliberate alignment of architecture, climate, and coastline within a guard-gated community with 24-hour security, direct shoreline access, and proximity to Kailua Pier, Ali‘i Drive, and a nearby community park with pickleball courts. Set along a coastline historically associated with the Royal Compound of King Kamehameha I, the property is grounded in both cultural and geographic continuity. Just steps away, Keiki Beach/Queen Bath provides rare sandy, swimmable access. This oceanfront enclave includes only eight homes with direct sandy beach frontage, and the property features its own private sandy beach area. Designed for indoor-outdoor living, the open-concept layout allows a seamless transition between interior and covered lanais, where the two merge fluidly. The orientation captures both sunrise and sunset year-round, with expansive ocean views from the main living areas and multiple bedrooms. A true oceanfront dining area sits directly along the coastline. The home is arranged across multiple levels to maximize airflow, views, and natural light. A central courtyard anchors the design, featuring a shaded pool positioned beneath the main living structure, creating a naturally cooled environment that contrasts with the open ocean exposure. Interior features include koa wood cabinetry in the kitchen and bathrooms, and a primary suite with central air conditioning and two air-conditioned walk-in closets. Additional living spaces support flexible use and gatherings, with a layout designed for connection and flow. The oceanfront setting provides ongoing visibility of marine life, with whales and dolphins frequently observed offshore, integrated into the daily coastal experience.

75-5506 Kona Bay Dr, KAILUA KONA

Listing courtesy of COMPASS.

$8,875,000
20 Beds ⋅ 25 Baths ⋅ 730091 MLS ⋅ ['Fee Simple'] Tenure
Rare offering of stabilized apartment income property at Alahou Street Apartments. 25 units in two newer buildings, with 8 2-bedroom units in building A built in 2012 and 15 studio units plus 2 2-bedroom units in Building B built in 2018, both being in excellent condition. Total of 10 2-bedroom units and 15 studio units located in the heart of Kailua-Kona town. With a high barrier to entry due to lack of water and zoned land, there are no new competing projects planned in the area at this time, leading to consistent rental pressure over time and high occupancy, typically pushing 100%. Great parking and walking distance to shopping and dining add to the desirability of this project. Priced at $8,875,000, which represents a 5.5% capitalization rate on Trailing Twelve Months (T-12) financial performance, this Offering provides an excellent opportunity for investing in the Kailua-Kona market, one of Hawaii's most popular resort/residential markets. With the planned new hospital and other growth in the area, continued upward pressure on rents and high occupancy is very likely. Walkability score of 72. Potential to convert the project to a Condominium Property Regime is available.

75-5749 Alahou St Unit 25, KAILUA KONA

Listing courtesy of Pacific Realty Organization LLC.

$5,800,000
4 Beds ⋅ 5 Baths ⋅ 729380 MLS ⋅ ['Fee Simple'] Tenure ⋅ Hale Alani BLDG.
Hale ʻAlani 32 is a 4-bedroom, 4.5-bathroom home with 4,122 total sq. ft. positioned to welcome warm sunrise views over Hualālai and Mauna Loa Mountain on those clear Kona mornings. Designed for seamless indoor-outdoor living, the home features mahogany sliding pocket doors that open to approximately 544 sq. ft. of covered lanai space with outdoor dining, BBQ, pool & spa. The gourmet kitchen is equipped with premium Wolf & Sub-Zero appliances, bar seating, and an under-counter wine fridge, perfect for both everyday living and entertaining. The great room showcases vaulted ceilings and abundant natural light, enhancing the home’s open and inviting atmosphere. The primary suite offers a private retreat with an outdoor shower garden, creating a tranquil, spa-like experience. Offered fully furnished by Restoration Hardware, the home is move-in ready and thoughtfully designed to balance comfort, beauty, and the relaxed rythmn of island life.

73-4425 Lemi Pl Unit 32, KAILUA KONA

Listing courtesy of Kohanaiki Realty LLC.

$5,650,000
4 Beds ⋅ 5 Baths ⋅ 729242 MLS ⋅ ['Fee Simple'] Tenure ⋅ Hale Alani BLDG.
Hale ʻAlani 23 is a 4 bedroom, 4.5 bathroom home with 3,826 total sq. ft. positioned along the 7th fairway to welcome warm sunrise views over Hualālai and Mauna Loa Mountain on those extra clear Kona mornings. The home includes a gourmet kitchen with bar seating, Wolf & Sub-Zero appliances, a great room with vaulted ceilings, sliding pocket doors, and approximately 468 sq. ft. of lanai living space. Its proximity to the Sports complex are ideal for pickleball, tennis, and treats at Golf Hale #7. A short golf cart ride brings you to the ʻOhana Pool and Beach Bar, which is perfect for family living and all that Kohanaiki has to offer.

73-6282 Alani Loop Unit 23, KAILUA KONA

Listing courtesy of Kohanaiki Realty LLC.

$7,700,000
4 Beds ⋅ 5 Baths ⋅ 728967 MLS ⋅ ['Fee Simple'] Tenure
Zak Hale 36 is a 4-bedroom, 4.5-bath residence located along the 6th hole of a Rees Jones–designed golf course, offering clear mountain views. Designed by architect Shay Zak, the home draws inspiration from Hawaiian architecture, blending natural materials and indoor-outdoor living with a modern aesthetic. The property features a pool and spa, as well as recent renovations including a hot and cold plunge, solar panels, and an expanded primary suite with larger walk-in closets and a bathroom featuring floor-to-ceiling marble in the walk-in shower. All surfaces are new, including a brand-new kitchen. Offered fully furnished—with the exception of personal artwork and belongings—and including one golf cart, Zak Hale 36 has been professionally interior designed to combine comfort and style.

73-4823 Maia Loop, KAILUA KONA

Listing courtesy of Kohanaiki Realty LLC.

$6,000,000
4 Beds ⋅ 5 Baths ⋅ 728026 MLS ⋅ ['Fee Simple'] Tenure
Modern Luxury Awaits at Makalei Estates/ Under construction Unrivaled Customization Meets Island Elegance Seize the rare opportunity to own a masterfully designed contemporary estate in the prestigious Phase II of Makalei Estates. Currently under construction, this 5,800 sq. ft. sanctuary offers a sophisticated floor plan blending architectural boldness with the beauty of the Kona Coast. By securing this residence now, the buyer is invited to collaborate on the selection of final finishes, ensuring the home is a bespoke reflection of their personal style. Sophisticated Living Spaces: Grand Interior: Boasting 4 expansive bedrooms and 4.5 spa-inspired baths, the home is divided into a magnificent Main House and a private Guest Wing. Entertainment Hub: Transition from a day in the sun to an evening in your professional-grade Theater Room, designed for ultimate cinematic immersion. Culinary Excellence: A chef’s kitchen featuring a massive island and high-end cabinetry flows seamlessly into the Great Room. The Ultimate Outdoor Oasis: Infinity Living: Step outside to a world-class infinity-edge pool and spa, meticulously positioned to offer unobstructed, panoramic ocean views. Expansive Lanais: Enjoy 2,500 sq. ft. of covered lanai space, including dedicated dining and lounging zones perfect for Kona’s famous sunsets. Masterful Landscaping: The property is anchored by extensive, hand-crafted lava rock retaining walls and an expansive, level yard that maximizes the 3.3-acre lot. Premium Infrastructure Spacious Storage: An oversized 3-car garage provides ample room for vehicles and island toys. Artful Engineering: From the gated entry to the detailed masonry, every inch of this Lot 20 estate reflects the highest standards of modern engineering and design. Don't just buy a home—design your lifestyle. Contact us today to review the permit plans and begin selecting the finishes for your North Kona dream estate.

72-4067 Ke Ana Wai St, KAILUA KONA

Listing courtesy of Coldwell Banker Island Properties - Kona.

$7,500,000
5 Beds ⋅ 3 Baths ⋅ 725423 MLS ⋅ ['Fee Simple'] Tenure
Two expansive buildings totaling 25,770 square feet situated on 1.38 acres in the heart of downtown Kailua-Kona. This rare offering is zoned CG-20, providing versatile opportunities for commercial development, retail, office spaces, or mixed-use projects. The strategic location ensures high visibility and easy access, making it ideal for businesses seeking a prominent presence in one of Hawaii's most vibrant commercial districts. Key Features: º Total Area: 25,770 sq. ft. across two buildings º Land Area: 1.38 acres º Zoning: CG-20, allowing for a wide range of commercial uses º Location: Prime downtown Kailua-Kona º Accessibility: Easy access from main thoroughfares, ample parking º High Foot Traffic: Located in a bustling area with steady pedestrian flow º Flexible Usage: Gym, Spa, Medical, Retail, offices, restaurants, or a mix of commercial endeavors Building is fully leased. DO NOT DISTURB TENANTS. This property is listed by the owner and also marketed on LoopNet. Seller may consider financing with acceptable terms.

75-5699 Kopiko St, KAILUA KONA

Listing courtesy of eXp Realty.

$9,500,000
4 Baths ⋅ 719905 MLS ⋅ ['Leasehold'] Tenure
This is a leasehold property. Thirty-four years remain on the ground lease with known rent for the next thirteen years. The property provides significant cash flow and return on investment while owning a trophy mixed-use office and retail building with the best location in its market area of Kailua-Kona, on the Island of Hawai'i. Planet Fitness, the anchor tenant, occupies the entire first floor with 7 years and 8 months remaining, with three 5-year options and 12% rent increases every 4 years. A strong tenant mix on the 2nd floor, with escrow, legal, business, government, and wealth management services.

75-1000 Henry St, KAILUA KONA

Listing courtesy of Joel K. LaPinta.

$8,750,000
717930 MLS ⋅ ['Fee Simple'] Tenure
KOHANAIKI - Prime front row lot close to the Kohanaiki Beach Club amenities as well as the main Golf Clubhouse. Design and build your tropical dream get away.

73-2274 Ala Kohanaiki, KAILUA KONA

Listing courtesy of Coldwell Banker Island Properties - Kona.