Water Views
Address
78-6929 Mamalahoa Hwy, Holualoa, HI
Price
$ 499,000
Property Attributes
  • MLS#727411
  • TypeSingle Family
  • Listing Status A
  • CountyHAWAII
  • CityHolualoa
  • AreaNorth Kona
  • NeighborhoodKEAUHOU 1 - KEAUHOU 2 HOUSE LOTS
  • Zip96725
  • Style
  • Year Built1973
  • Taxes$ 1942
  • Price$ 499,000
  • Bedrooms5
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2168
  • Lot Size0.696006 Acres
Data Source:
Hawaii Info Service (HISMLS)
Property Description

This is a leasehold property. Set on approximately 0.7 acres, this 2,168 sq ft home is surrounded by mature vegetation, offering privacy with no neighbors in sight. Located at the end of a shared driveway, the setting provides a peaceful atmosphere while remaining just minutes from town conveniences. The home features two distinct living areas, creating flexibility for extended family, guests, or rental potential. Upstairs, a freshly painted, spacious 3-bedroom, 2-bath layout includes two large flex rooms ideal for an office, gym, or additional living space. The kitchen is appointed with granite countertops and opens to a generous covered lanai for outdoor living and enjoying the ocean breeze and year-round temperate climate. The easily fenced side yard is ideal for pets. The ground level offers a comfortable 2-bedroom, 1-bath configuration with a large living area and full kitchen, also recently painted. This level opens directly to a lush, wooded yard with excellent elevation for gardening and growing a variety of tropical fruits. Exterior stairs on the mauka side connect both levels. Additional features include a 2-car carport with ample storage, laundry area, and workshop space. Conveniently located in Keauhou Mauka, just minutes from the amenities of Keauhou, Kona Community Hospital, and ocean access offered at Keauhou Bay, Kahaluu Beach Park, and Magic Sands Beach Park. Approximately 15 minutes to the airport and Costco. Leasehold: Privately held lease with expiration on May 30, 2040 (non-renewable). Current lease rent is $6,000 annually. This presents a unique opportunity to secure fixed housing costs while enjoying the benefits of homeownership in a highly desirable Kona location. **Check out the fly-through video: https://player.vimeo.com/video/1189121870

Price History
5/5/2026 Listed $499,000

General Features

Sewer Cesspool
Utilities Electricity Available, Water Available
Zoning RA-.5A
HOA Fee 0.0
Land Tenure Leasehold
Year Built 1973
View Ocean
Property Subtype Single Family Residence
Tax Year 2025
Ownership Full
Assoc Fee Paid Per Monthly
Property Type Residential
Subdivision Name KEAUHOU 1 - KEAUHOU 2 HOUSE LOTS
Full Baths 3
Status A
City Holualoa
Lot Size Units Square Feet
Carport Spaces 2.0
Property Attached Y/N No
Tax Annual Amount 1942.68
Home Warranty Y/N No
Virtual Tour https://player.vimeo.com/video/1189121870
Living Area Units Square Feet
Standard Status Active
Tax Assessed Value 511500
Tax Lot 8
Listing Terms Cash
Assoc/CIC None
AttributionContact 8088967879
LeasableAreaUnits Square Feet
Structures YN Yes

Interior Features

Flooring Ceramic Tile
Total Bedrooms 5
Total Baths 3

Exterior Features

Parking Features Covered
Water Source Public
Lot Size Area 30318.0
Waterfront Y/N No
Road Frontage Type Road/Street

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 96725

Price
AVG $2.4M
$500K
Taxes
AVG $7,727
$1,942
Year Built
AVG 1997
1973
Visits
AVG 57
65
Data Provided by Inside Real Estate®