• VIRTUAL TOUR MLS® #: 668296
  • 73-1181 Mahilani Dr
  • North Kona, Hawaii 96740


  • VIRTUAL TOUR MLS® #: 668296
  • 73-1181 Mahilani Dr
  • North Kona, Hawaii 96740
5 Beds
4 Baths
2,513 Sqft
.2 Acres
Year Built
  • Overview 5 Beds, 4 Bath, 2513 SQ. Feet, 0.20 Acres
  • Listing Type Residential
  • Office: Koa Realty, Inc.

Welcome to the ULTIMATE Rental in Kailua Kona featuring expansive ocean views! This unique property is a dream come true for anyone looking to enjoy the beauty and convenience of living in paradise with added long-term rental income potential. The main living floor features 3 bedrooms, 2 bathrooms, an open and renovated kitchen and dining room concept, as well as a sunken living room – perfect for entertaining guests or relaxing with family. Step outside onto your spacious lanai and take in stunning Kona sunsets overlooking the ocean and breeze. The two lower rental units are accessed from a separate exterior staircase, offering privacy and convenience. The first unit is a studio with a full bath and a wet bar. The second unit features one bedroom with one bathroom, plus its own wet bar and lanai area with seating area and bbq - so you can enjoy the beautiful outdoor weather all year round. There is a flat lower yard that is perfect for a garden or for additional pets. Enjoy a HUGE oversized 600 sqft garage that has a 15-foot tall ceiling and 12-foot x 16-foot roll-up garage door – perfect for extra cars, boats, workout gym, or setting up your own shop! Special Features ~** VA assumable mortgage of $728,000 @ 2.25% available! ** ~Expansive ocean views ~Active long-term rental income from two downstair units ~Fully Remodeled kitchen with beautiful butcher block countertops ~22 Leased Solar Photovoltaic Panels & Solar Water Heater ~Spacious Garage, perfect for a boat or gym ~Cool elevation temperatures: 1100’’ ~Interior and Exterior Painted in 2021 ~Home is located just 10 minutes from the airport, beaches, and town. ~Exterior painted within the last 4 years. ~Main living floor has solid 3/4” hardwood floors throughout (Angelium) - refinished ~Travertine tile in master shower and studio. Live comfortably in a subdivision with no CC&R’S while also taking advantage of long-term rental income.

Essential Information

MLS® #668296
Full Baths4
Square Footage2,513
Year Built2006
Land TenureFee Simple
Assesed Value$969,700

Community Information

Address73-1181 Mahilani Dr
Zip Code96740


FeaturesCeilings-9'+, Office
Floor CoveringHardwood
Washer / DryerDryer, Washer


City, Coastline, Ocean, Ocean Horizon, Sunset



Dishwasher, Disposal, Electric Cooktop, Range Hood, Range/Oven, Refrigerator, Wine Cooler



Additional Information

Date ListedFebruary 21st, 2023
Days on Market40
Description Land TenureFee Simple

Listing Details

OfficeKoa Realty, Inc.
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Quick Details

This Single Family Residence is priced at $1,250,000 and located at 73-1181 Mahilani Dr, . With 5 Bedrooms and 4.00 Bathrooms, it offers a total of 2513 Square feet. This Residential was built in 2006 and its status is Active. This property is represented by Maly Romero of Koa Realty, Inc., Contact Number 8083466781, our team of Realtors can represent you at no additional cost.

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Listing information last updated on April 1st, 2023 at 8:25pm HST.