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For sale
Price cut: $999 (8/21)
$1,599,000

78-617 Ihilani Pl, Kailua Kona, HI 96740

3beds
2,214sqft
: 
$9,997/mo
Get pre-qualified
Single Family Residence
Built in 1986
0.3 Acres Lot
$1,517,100 Zestimate®
$722/sqft
$-- HOA

What's special

Welcome to 78-617 Ihilani Place—a distinctive 3-bedroom, 3-bath home offering 2,214 sq ft of thoughtfully designed living space on a generous 13,079 sq ft lot, with panoramic Kona coastline views. Inside, vaulted ceilings and expansive windows frame the Pacific, filling the home with natural light while capturing refreshing breezes at approximately 1,000 ft elevation through ventilating clerestory screens. Electric roll-down sunshades provide comfort and create a seamless balance between indoor and outdoor living. The chef-designed kitchen features Viking stainless steel appliances, including a gas range with grill, a second electric oven, a chop sink with disposal, abundant maple cabinetry with waterfall glass cabinet doors, granite countertops, a pantry area, and durable ceramic tile flooring—ideal for everyday living and entertaining. Two bedrooms are located on the main level—a spacious primary and a flexible room with built-in cabinets, desk, and Murphy beds—perfect for guests or a home office. The main level has two full bathrooms—the primary bath has double sinks, separate shower, ofuro tub and closets at each end. The hall bath has a decorative tiled shower with an etched glass partition. A spiral staircase leads to the lower level private third bedroom with its own entrance, kitchenette, bathroom, and lanai that offers flexible use for extended family, guests, or potential rental income. The expansive enclosed lanai is perfectly positioned for sunset views, the backyard features a putting green, and mature fruit trees. With Kamehameha Agricultural land bordering the property, you’ll enjoy an added sense of privacy and open space. The attached two-car garage has a washer and dryer, as well as a convenient built-in ironing board. Located in a well-established neighborhood with No HOA Fees, this fee simple home offers a rare opportunity to experience elevated Hawaii island living. SELLER WILL CONSIDER ALL REASONABLE OFFERS!
117 days
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339
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12
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Zillow last checked:

Listing updated:

Listed by:

Gaylene P Tucker 8088965304,

Mary Love Realty

Source: Hawaii Information Service,MLS#: 729548MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Appliances
    • Included: Dryer, Washer
    • Laundry: Front Load
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 2,214
    • Total interior livable area: 2,214 sqft
    Video & virtual tour

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached
    • Garage spaces: 2
    Features
    • Fencing: Stone
    • Has view: Yes
    • View description: Coastline, Garden, Ocean, Ocean Horizon, Sunset
    • Has water view: Yes
    • Water view: Ocean
    Lot
    • Size: 0.3 Acres
    Details
    • Parcel number: 3780170230000
    • Zoning: RS-15
    • Special conditions: Fee Simple,Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • Year built: 1986

    Utilities & green energy

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

    Community & HOA

    Community
    • Subdivision: KEAUHOU MAUKA SUBDIVISION
    Location
    • Region: Kailua Kona

    Financial & listing details

    • Price per square foot: $722/sqft
    • Tax assessed value: $923,500
    • Annual tax amount: $10,250
    • Date on market: 4/29/2026
    • Listing terms: 1031 Exchange,Cash,Conventional,VA Loan
    • Ownership: Full
    • Electric utility on property: Yes
    • Road surface type: Paved

      Estimated market value

      $1,517,100

      $1.44M - $1.59M

      $5,154/mo

      Price history

      DateEventPrice
      8/21/2026Price change$1,599,000-0.1%$722/sqft
      Source: Hawaii Information Service #729548 Report a problem
      5/9/2026Price change$1,599,999+0.1%$723/sqft
      Source: My State MLS #11741498 Report a problem
      4/29/2026Listed for sale$1,599,000+131.7%$722/sqft
      Source: Hawaii Information Service #729548 Report a problem
      3/5/2025Listing removed$4,500$2/sqft
      Source: Zillow Rentals Report a problem
      2/20/2025Listed for rent$4,500$2/sqft
      Source: Zillow Rentals Report a problem
      1/10/2024Listing removed--
      Source: Zillow Rentals Report a problem
      11/24/2023Listed for rent$4,500+50%$2/sqft
      Source: Zillow Rentals Report a problem
      3/20/2018Listing removed$3,000$1/sqft
      Source: Mary M. Love REALTOR Report a problem
      2/21/2018Listed for rent$3,000$1/sqft
      Source: Mary Love Report a problem
      3/21/2016Sold$690,000+94.4%$312/sqft
      Source: Hawaii Information Service #292253 Report a problem
      10/7/1994Sold$355,000$160/sqft
      Source: Public Record Report a problem

      Public tax history

      YearProperty taxesTax assessment
      2025-- $923,500 +3%
      2024$9,949 +4.4%$896,300 +4.4%
      2023$9,528 +4.3%$858,400 +4.3%
      2022$9,136 +13%$823,100 +13%
      2021$8,089 +4.8%$728,700 +4.8%
      2020$7,719 +4.7%$695,400 +4.7%
      2019$7,373 +11.1%$664,200 +8.1%
      2018$6,633 +271.3%$614,200 +2.8%
      2017$1,787 $597,600 +32.7%
      2016-- $450,500 +3%
      2015-- $437,400 +3%
      2014-- $424,700
      Find assessor info on the county website

      Monthly payment

      Est. payment

      Payment breakdown

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      HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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      Climate risks

      Neighborhood: Kahaluu-Keauhou

      Getting around

      6 / 100
      Car-Dependent
      2 / 100
      Somewhat Bikeable

      Nearby schools

      GreatSchools rating

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