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For salePrice cut: $26K (6/25)
$1,699,000
6beds
2,896sqft

73-4392 Punawele St, Kailua Kona, HI 96740

6beds
2,896sqft
Single family residence
Built in 1979
1.08 Acres
1 Garage space
$587 price/sqft

What's special

Offered fully furnishedOcean viewsOcean-view backdropsResort-style pool solar-heatedNew refrigeratorOpen-concept designUpgraded recessed lighting

Discover a private tropical estate in desirable Kona Acres where luxury, flexibility, and income potential come together on one lush acre. Framed by ocean views and mature island landscaping, this exceptional property features a beautifully updated main residence, a separate pool house, and a detached permitted ohana, offered fully furnished. The 4-bedroom, 3-bath main home showcases new luxury vinyl plank flooring, fresh interior paint, upgraded recessed lighting, and an open-concept design that captures ocean breezes and overlooks the resort-style pool. The spacious kitchen offers reverse osmosis filtration, a new refrigerator, and seamless indoor-outdoor living. Enjoy movie nights in the comfort of your living room with a home theater featuring an automated projector, retractable screen, and built-in surround sound. The primary suite includes a walk-in closet, ensuite bath, and private lanai, while two additional bedrooms are conveniently located down the hall. Outside, the solar-heated pool is surrounded by tropical gardens, papaya, loquat, white pineapple, and avocado trees. The pool house offers a private bedroom and full bath, creating an ideal guest retreat. Completing the estate is a fully remodeled detached 2-bedroom, 1-bath permitted ohana, offered fully furnished. The sellers took advantage of its income-producing opportunity, using it as a hosted Airbnb. Offering exceptional privacy, multiple living spaces, ocean views, and remarkable versatility, this is island living at its finest. Buyer and Buyer's agent to perform their own due diligence. Buyer & their agent to perform due diligence. Seller makes no guarantee of future allowance of the hosted STR.

175 days
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1,035
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42
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Source: Hawaii Information Service,MLS#: 728468MLS Logo
Travel times

Living Room

Kitchen

Dining Room

Zillow last checked:

Listing updated:

Listed by:

Piperlynn Herrera 8082262599,

eXp Realty

Source: Hawaii Information Service,MLS#: 728468MLS Logo

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 6
  • Bathrooms: 4
  • Full bathrooms: 4
Cooling
  • Wall/Window Unit(s)
Appliances
  • Included: Convection Oven, Dishwasher, Disposal, Dryer, Electric Cooktop, Freezer, Microwave, Range, Range Hood, Refrigerator, Trash Compactor, Washer
Features
  • Built-in Features
  • Flooring: Vinyl
  • Windows: Blinds
  • Has fireplace: No
Interior area
  • Total structure area: 2,896
  • Total interior livable area: 2,896 sqft
Video & virtual tour

Property

Parking
  • Total spaces: 6
  • Parking features: Attached, Covered, Unassigned
  • Garage spaces: 1
  • Carport spaces: 5
  • Covered spaces: 6
Accessibility
  • Accessibility features: ADA Accessible
Features
  • Levels: One
  • Exterior features: Lighting
  • Pool features: Gunite, Heated, In Ground, Outdoor Pool, Tile
  • Fencing: Block,Chain Link,Other,Stone,Wood
  • Has view: Yes
  • View description: Mountain(s), Ocean, Ocean Horizon, Sunrise, Sunset
  • Has water view: Yes
  • Water view: Ocean
Lot
  • Size: 1.08 Acres
  • Features: Flag Lot, Landscaped
  • Topography: Fairly Level
Details
  • Parcel number: 3730460350000
  • Zoning: A-1A
  • 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
  • Security: Smoke Detector(s)
  • Subdivision: KONA ACRES
Location
  • Region: Kailua Kona

Financial & listing details

  • Price per square foot: $587/sqft
  • Tax assessed value: $1,291,200
  • Annual tax amount: $12,072
  • Date on market: 3/5/2026
  • Listing terms: Cash,Conventional,VA Loan
  • Ownership: Full
  • Electric utility on property: Yes
  • Road surface type: Paved

Price history

DateEventPrice
6/25/2026Price change$1,699,000-1.5%$587/sqft
Source: Hawaii Information Service #728468 Report a problem
3/25/2026Price change$1,725,000+76.9%$596/sqft
Source: Hawaii Information Service #728468 Report a problem
3/5/2026Listed for sale$975,000-15.2%$337/sqft
Source: Hawaii Information Service #728468 Report a problem
7/20/2021Sold$1,150,000+2.2%$397/sqft
Source: Hawaii Information Service #644470 Report a problem
6/12/2021Contingent$1,125,000$388/sqft
Source: Hawaii Information Service #644470 Report a problem
5/30/2021Price change$1,125,000-5.1%$388/sqft
Source: Hawaii Information Service #644470 Report a problem
5/25/2021Listed for sale$1,185,000-1.2%$409/sqft
Source: Hawaii Information Service #644470 Report a problem
5/14/2021Contingent$1,199,000$414/sqft
Source: Hawaii Information Service #644470 Report a problem
4/3/2021Price change$1,199,000-4.5%$414/sqft
Source: Hawaii Information Service #644470 Report a problem
3/20/2021Price change$1,255,000-3.1%$433/sqft
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12/1/2020Listed for sale$1,295,000$447/sqft
Source: Hawaii Information Service #644470 Report a problem

Public tax history

YearProperty taxesTax assessment
2025-- $1,291,200 +3.6%
2024$11,658 +15.4%$1,246,800 +15.4%
2023$10,103 +7.6%$1,080,500 +7.6%
2022$9,393 +36%$1,004,600 +9.3%
2021$6,908 +2.9%$918,800 +2.3%
2020$6,711 +9.1%$897,800 +7.1%
2019$6,154 $838,200 +7.9%
2018-- $777,000 +8.9%
2017-- $713,800 +8%
2016-- $661,000 +13.5%
2015-- $582,200 +6.4%
2014-- $547,100

Find assessor info on the county website

Monthly payment

Est. payment
$9,158/mo
Principal & interest
$8762
Property taxes
$396
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Estimated market value

$1,650,300

$1.57M - $1.73M

$6,257/mo

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-53.3 miles
3/10
GreatSchools® Rating
Test Score Rating
1/10
Student Progress Rating
4/10
Kealakehe Intermediate School
Grades 6-83.2 miles
7/10
GreatSchools® Rating
Test Score Rating
4/10
Student Progress Rating
10/10
Kealakehe High School
Grades 9-123.3 miles
4/10
GreatSchools® Rating
Test Score Rating
5/10
College Readiness Rating
2/10