Discover this unique opportunity on Lunapule Road just outside vibrant Kailua-Kona. This multi-unit property features three buildings with 8 rooms and 5 bathrooms across 2,620 square feet of well-maintained living space. Enjoy ocean views from the South building's wrap-around lanai. With a large capacity septic system(2,000 Gal), refinished roof, and separate caretaker's quarters, this property is ideal for generating rental income, extended family compound or creating a personal haven. Conveniently located with easy access to downtown and the ocean, this is a must-see and a tremendous value!
Sold for $1,275,000
$1,275,000
75-160 Lunapule Rd, Kailua Kona, HI 96740
7beds
2,620sqft
Multi Family
Built in 1970
-- sqft lot
$1,227,400 Zestimate®
$487/sqft
$3,488 Estimated rent
Home value
$1,227,400
$1.06M - $1.42M
$3,488/mo
Zestimate® history
Owner options
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$5,688/mo
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List your homeWhat's special
Ocean viewsWrap-around lanaiWell-maintained living space
Zillow last checked:
Listing updated:
Listed by:
Steven Ellison 8089363000,
COMPASS,
Kathy Jensen 808-990-2600,
COMPASS
Bought with:
Rebecca M Morton, RB-19272
Coldwell Banker Island Properties - Kona
Source: Hawaii Information Service,MLS#: 716652
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
- Full bathrooms: 5
Appliances
- Included: Dryer, Electric Cooktop, Range, Range Hood, Refrigerator, Washer
Features
- Flooring: Carpet, Hardwood, Laminate
- Has fireplace: No
Interior area
- Total structure area: 2,620
- Total interior livable area: 2,620 sqft
Property
Parking
- Total spaces: 4
- Parking features: Attached, Covered, Other
- Carport spaces: 4
Features
- Levels: One,Two
- Stories: 1
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
Lot
- Size: 0.26 Acres
- Topography: Fairly Level
Details
- Parcel number: 3750180450000
- Zoning: RD-3.75
- Special conditions: Fee Simple,Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Single Wall
Condition
- Year built: 1970
Utilities & green energy
- Sewer: Septic Tank
- Utilities for property: Cable Available, Electricity Available, Phone Available
Community & HOA
Community
- Subdivision: KONALANI SUBDIVISION
Location
- Region: Kailua Kona
Financial & listing details
- Price per square foot: $487/sqft
- Tax assessed value: $717,400
- Annual tax amount: $7,963
- Date on market: 3/4/2025
- Listing terms: 1031 Exchange,Cash,Conventional
- Ownership: Full
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 8/4/2025 | Sold | $1,275,000$487/sqft |
Source:  Hawaii Information Service #716652 Report a problem | ||
| 5/23/2025 | Contingent | $1,275,000$487/sqft |
Source: Hawaii Information Service #716652 Report a problem | ||
| 4/5/2025 | Price change | $1,275,000-7.3%$487/sqft |
Source: Hawaii Information Service #716652 Report a problem | ||
| 3/5/2025 | Listed for sale | $1,375,000+157%$525/sqft |
Source: Hawaii Information Service #716652 Report a problem | ||
| 10/9/2015 | Sold | $535,000$204/sqft |
Source: Hawaii Information Service #282245 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $777,100 +8.3% |
| 2024 | $7,963 +4.1% | $717,400 +4.1% |
| 2023 | $7,648 +17.5% | $689,000 +17.5% |
| 2022 | $6,507 +22.5% | $586,200 +22.5% |
| 2021 | $5,310 +4.1% | $478,400 +4.1% |
| 2020 | $5,099 +6% | $459,400 +6% |
| 2019 | $4,809 +14.8% | $433,200 +11.9% |
| 2018 | $4,190 | $387,300 +2.2% |
| 2017 | -- | $379,100 +15.8% |
| 2016 | -- | $327,400 +10.2% |
| 2015 | -- | $297,200 +3% |
| 2014 | -- | $288,500 +3% |
| 2013 | -- | $280,100 |
| 2000 | $914 | -- |
| 1999 | -- | $160,100 |
Find assessor info on the county website
Neighborhood: 96740
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Nearby schools
GreatSchools rating
- 4/10Kahakai Elementary SchoolGrades: PK-5Distance: 1 mi
- 7/10Kealakehe Intermediate SchoolGrades: 6-8Distance: 3 mi
- 4/10Kealakehe High SchoolGrades: 9-12Distance: 3.1 mi
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$1,227,400
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+$24,548
With Zillow Showcase(estimated)
$1,251,948
- Hawaii
- Hawaii County
- Kailua Kona
- 96740
- 75-160 Lunapule Rd
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