Sold for $555,000

$555,000

73-1118 Oluolu St, Kailua Kona, HI 96740

2beds

936sqft

Single Family Residence

Built in 1976

8,452 Square Feet Lot

$547,700 Zestimate^®

$593/sqft

$2,615 Estimated rent

Home value

$547,700

$498,000 - $602,000

$2,615/mo

Zestimate^® history

Owner options

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$2,615/mo

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$2,615/mo

Rent Zestimate^®

Refinance and save

$2,476/mo

Est. payment

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$2,476/mo

Est. payment

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What's special

Ready for Your Vision! Situated on a fairly level corner lot in the desirable Kona Highlands, this 2-bedroom, 2-bath home offers expansive ocean views and a rare opportunity to create your ideal Hawaiian retreat. Enjoy sweeping blue-water vistas from the living room, kitchen, and lanai, where island breezes and sunsets set the scene. Offered in As-Is condition, the property is well-suited for a contractor, renovation project, or buyer seeking a rural island feel with strong upside potential. A solar hot water system helps keep electric costs low, adding long-term value and efficiency. The lower level features an unpermitted, partially finished room with multiple potential uses, offering additional flexibility for future improvements. With its corner lot location, ocean views, and solid footprint, this home presents an excellent opportunity to build equity and bring your island vision to life.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Heating

None

Cooling

None

Appliances

Included: Dryer, Washer

Features

Flooring: Carpet, Laminate, Vinyl
Has fireplace: No

Interior area

Total structure area: 936
Total interior livable area: 936 sqft

Property

Parking

Parking features: Unassigned

Features

Has view: Yes
View description: Coastline, Ocean, Ocean Horizon, Sunset
Has water view: Yes
Water view: Ocean

Lot

Size: 8,452 Square Feet
Features: Corner Lot
Topography: Fairly Level

Details

Parcel number: 3730450110000
Zoning: A-5A
Special conditions: Fee Simple,Standard

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Condition

Year built: 1976

Utilities & green energy

Sewer: Cesspool
Utilities for property: Cable Available, Electricity Available, Phone Available, Underground Utilities

Community & HOA

Community

Subdivision: KONA HIGHLANDS

Location

Region: Kailua Kona

Financial & listing details

Price per square foot: $593/sqft
Tax assessed value: $331,100
Annual tax amount: $921
Date on market: 12/24/2025
Listing terms: Cash,Construction Loan,Conventional
Ownership: Full
Electric utility on property: Yes
Road surface type: Paved

Price history

Date	Event	Price
8/5/2026	Listing removed	$2,600$3/sqft
Source: Zillow Rentals Report a problem
8/1/2026	Listed for rent	$2,600$3/sqft
Source: Zillow Rentals Report a problem
5/22/2026	Sold	$555,000-7.5%$593/sqft
Source: Hawaii Information Service #725240 Report a problem
4/30/2026	Contingent	$600,000$641/sqft
Source: Hawaii Information Service #725240 Report a problem
4/21/2026	Listed for sale	$600,000-7.7%$641/sqft
Source: Hawaii Information Service #725240 Report a problem
2/18/2026	Listing removed	$650,000$694/sqft
Source: Hawaii Information Service #725240 Report a problem
1/26/2026	Listed for sale	$650,000$694/sqft
Source: Hawaii Information Service #725240 Report a problem
1/25/2026	Contingent	$650,000$694/sqft
Source: Hawaii Information Service #725240 Report a problem
12/24/2025	Listed for sale	$650,000+76.2%$694/sqft
Source: Hawaii Information Service #725240 Report a problem
1/5/2015	Sold	$369,000$394/sqft
Source: Hawaii Information Service #276658 Report a problem
10/21/2014	Listed for sale	$369,000+358.4%$394/sqft
Source: McCourt Realty, Ltd. #276658 Report a problem
12/23/1994	Sold	$80,500$86/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$331,100 +3%
2024	$906 +1.8%	$321,500 +3%
2023	$890 +1.6%	$312,100 +3%
2022	$876 +5.2%	$303,000 +3%
2021	$833 +5.4%	$294,200 +3%
2020	$790	$285,600 +3%
2019	--	$277,300 +3%
2018	--	$269,200 +3%
2017	$756	$261,400 +3%
2016	--	$253,800 +19.1%
2015	--	$213,100 +0.1%
2014	--	$212,900
2000	$312	--
1999	--	$110,000