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Under contract
$997,500
2beds
1,548sqft

73-1157 Ala Kapua St, Kailua Kona, HI 96740

2beds
1,548sqft
Single family residence
Built in 1979
0.26 Acres
Other
$644 price/sqft
$13/mo HOA

What's special

Large islandLevel lawnGarden shedRemodeled kitchenStainless-steel appliancesRaised garden bedsMature tropical landscaping

Beautiful two-bedroom home, plus a huge garden-level separate living space with private entrance! Located within Kona Palisades on a manicured 11,487 sq ft lot, this two-story home has been steadily improved by owners who clearly love it. Peek-a-boo ocean horizon and sunset views, mature tropical landscaping, and two separate living areas make it a rare value in North Kona. The main level is bright and open, with a remodeled kitchen, a large island, stainless-steel appliances, and dining that flows to a covered front lanai. The upstairs living room & kitchen are cooled by a new Daikin split system. *Electric panel has been upgraded ot accomodate expansion of the AC system if desired. Below, the remodeled ohana-style living space has its own garden-level entrance (no stairs), bedroom, full bath, kitchenette, and full-size front-load washer and dryer. Ideal for extended family, visiting guests, or a quiet work-from-home setup. The grounds are the surprise. A large deck and pergola invite long afternoons outside, surrounded by level lawn, dry-stack rock walls, rock planters, raised garden beds, a garden shed, and a fully fenced yard with a gate and an arbor. Fruit trees include banana, breadfruit, abiu, finger lime, Meyer lemon, mountain apple, mango, and lychee, with panax, heliconia, hibiscus, and areca palms creating privacy front and rear. Numerous recent updates & improvements. Pride of ownership shows throughout. Set in lower Kona Palisades, the location is hard to beat for daily convenience. Kona International Airport, Costco, Kailua Village dining, and Kohala Coast beaches are all a short drive, with quick access to Queen Kaahumanu Highway by way of Kaiminani Drive. Few Kailua-Kona homes at this price offer this much finished living space, this level of improvement, and grounds this established.

19 days
|
2,106
|
81
|

Likely to sell faster than

Source: Hawaii Information Service,MLS#: 731165MLS Logo
Travel times

Living Room

Kitchen

Primary Bedroom

Separate Guest Quarters

Outdoor 2

Zillow last checked:

Listing updated:

Listed by:

Penn Henderson 8083456214,

COMPASS

Source: Hawaii Information Service,MLS#: 731165MLS Logo

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 3
Features
  • Has fireplace: No
Interior area
  • Total structure area: 1,548
  • Total interior livable area: 1,548 sqft

Property

Parking
  • Parking features: Other
Features
  • Has view: Yes
  • View description: Ocean, Ocean Horizon, Sunset
  • Has water view: Yes
  • Water view: Ocean
Lot
  • Size: 0.26 Acres
  • Features: See Remarks
  • Topography: Fairly Level,Terraced
Details
  • Parcel number: 3730400320000
  • Zoning: A-5A
  • Special conditions: Fee Simple,Standard

Construction

Type & style
  • Home type: SingleFamily
  • Property subtype: Single Family Residence
Condition
  • Year built: 1979

Utilities & green energy

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

Community & HOA

Community
  • Subdivision: KONA PALISADES
HOA
  • Has HOA: Yes
  • HOA fee: $13 monthly
Location
  • Region: Kailua Kona

Financial & listing details

  • Price per square foot: $644/sqft
  • Tax assessed value: $867,200
  • Annual tax amount: $9,625
  • Date on market: 8/10/2026
  • Listing terms: 1031 Exchange,Cash,Conventional
  • Ownership: Full
  • Electric utility on property: Yes
  • Road surface type: Paved

Price history

DateEventPrice
8/24/2026Contingent$997,500$644/sqft
Source: Hawaii Information Service #731165 Report a problem
8/10/2026Listed for sale$997,500+18.9%$644/sqft
Source: Hawaii Information Service #731165 Report a problem
4/19/2023Sold$839,000$542/sqft
Source: Hawaii Information Service #668554 Report a problem
3/16/2023Contingent$839,000$542/sqft
Source: Hawaii Information Service #668554 Report a problem
3/13/2023Listed for sale$839,000+34.2%$542/sqft
Source: Hawaii Information Service #668554 Report a problem
3/18/2021Sold$625,000$404/sqft
Source: Hawaii Information Service #646229 Report a problem
1/28/2021Contingent$625,000$404/sqft
Source: Hawaii Information Service #646229 Report a problem
1/19/2021Listed for sale$625,000+111.9%$404/sqft
Source: Hawaii Information Service #646229 Report a problem
8/28/2020Sold$295,000-6.3%$191/sqft
Source: Hawaii Information Service #640472 Report a problem
7/21/2020Pending sale$315,000$203/sqft
Source: RE/MAX Brokers #640472 Report a problem
7/10/2020Listed for sale$315,000$203/sqft
Source: RE/MAX Brokers #640472 Report a problem

Public tax history

YearProperty taxesTax assessment
2025-- $867,200 +9.1%
2024$2,088 -40.4%$795,100 +10.5%
2023$3,501 -54.8%$719,300 +3.1%
2022$7,746 +85.7%$697,800 +85.7%
2021$4,170 +583.6%$375,700 +50.9%
2020$610 -12.5%$249,000 +3%
2019$697 +10.8%$241,700 +3%
2018$629 +5.5%$234,700 +3%
2017$597 $227,900 +3%
2016-- $221,300 +3%
2015-- $214,900 +3%
2014-- $208,600
2000$366 --
1999-- $122,300

Find assessor info on the county website

Monthly payment

Est. payment
$5,390/mo
Principal & interest
$5144
Property taxes
$233
HOA Fees
$13
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Estimated market value

Not available

Estimated sales range

Not available

Not available

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: Kaiminani

Nearby schools

Kealakehe Elementary School
Grades PK-54 miles
3/10
GreatSchools® Rating
Test Score Rating
1/10
Student Progress Rating
4/10
Kealakehe Intermediate School
Grades 6-83.9 miles
7/10
GreatSchools® Rating
Test Score Rating
4/10
Student Progress Rating
10/10
Kealakehe High School
Grades 9-123.6 miles
4/10
GreatSchools® Rating
Test Score Rating
5/10
College Readiness Rating
2/10