Skip main navigation
Under contract
  • $2,599,000

    78-6737 Walua Rd, Kailua Kona, HI 96740

    5beds
    3,708sqft
    : 
    Loading
    Get pre-qualified
    Single Family Residence
    Built in 1968
    1.2 Acres Lot
    $2,413,300 Zestimate®
    $701/sqft
    $-- HOA

    What's special

    Lush curated paradiseVibrant tropical floraTwo expansive swimming poolsTimeless open-beam architectureAuthentic hawaiian characterAmbient lightingMature landscaping
    Introducing a truly exceptional legacy property, offered for the first time in nearly a quarter century, this magnificent 1.2-acre estate captures the essence of elevated island living. Gracefully positioned above Keauhou Bay, the residence commands over 100 feet of uninterrupted ocean frontage, delivering sweeping sunset vistas that transform every evening into a private spectacle. **An Enchanting Tropical Sanctuary** Step into a lush, curated paradise where mature landscaping and vibrant tropical flora create a serene, resort-like ambiance. The grounds are adorned with 16 fruit-bearing trees—including mango and avocado, while terraced gardens, ambient lighting, and winding pathways invite quiet moments of reflection and connection with nature. **Expansive & Elegant Living Spaces** The 3,708-square-foot residence is thoughtfully designed for both refined comfort and effortless entertaining. Featuring 5 spacious bedrooms and 5.5 bathrooms, the home accommodates multi-generational living or guest hosting with ease. Recent upgrades to the gourmet kitchen and primary suite bath introduce modern sophistication, seamlessly blending with the home’s timeless open-beam architecture and authentic Hawaiian character. **Resort-Caliber Outdoor Living** Designed to rival a private retreat, the estate’s outdoor amenities are nothing short of spectacular: * Two expansive swimming pools * A built-in hot tub for ultimate relaxation * Generous lanais and covered entertaining areas * Secluded terraces showcasing mesmerizing ocean and sunset views **Exclusive Turnkey B&B Opportunity** Included with the property is a rare, county-registered and grandfathered Bed & Breakfast permit, an increasingly scarce asset in Hawaii, presenting a seamless, income-generating opportunity with an established guest base already in place. Walkthrough video: https://youtube.com/shorts/-OmOW0WLGxs
    73 days
    |
    444
    |
    24
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Laure McElwee 8082170429,

    First Island Realty, LLC

    Source: Hawaii Information Service,MLS#: 729823MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 6
      • Full bathrooms: 5
      • 1/2 bathrooms: 1
      Features
      • Flooring: Hardwood
      • Has fireplace: No
      Interior area
      • Total structure area: 3,708
      • Total interior livable area: 3,708 sqft

      Property

      Parking
      • Parking features: Attached
      Features
      • Pool features: Gunite, In Ground, Pool/Spa Combo
      • Has spa: Yes
      Lot
      • Size: 1.2 Acres
      Details
      • Parcel number: 3780090150000
      • Zoning: RS-15
      • Special conditions: Fee Simple,Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • Year built: 1968

      Utilities & green energy

      • Sewer: Cesspool
      • Utilities for property: Electricity Available

      Community & HOA

      Community
      • Subdivision: KUAKINI HOUSELOTS
      Location
      • Region: Kailua Kona

      Financial & listing details

      • Price per square foot: $701/sqft
      • Tax assessed value: $2,038,700
      • Annual tax amount: $20,576
      • Date on market: 4/22/2026
      • Listing terms: 1031 Exchange,Cash,Conventional
      • Ownership: Full
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $2,413,300

        $2.29M - $2.53M

        $6,398/mo

        Price history

        DateEventPrice
        6/18/2026Contingent$2,599,000$701/sqft
        Source: Hawaii Information Service #729823 Report a problem
        4/22/2026Listed for sale$2,599,000-7%$701/sqft
        Source: Hawaii Information Service #729823 Report a problem
        1/13/2026Listing removed$2,795,000$754/sqft
        Source: Hawaii Information Service #720959 Report a problem
        9/10/2025Price change$2,795,000-5.3%$754/sqft
        Source: Hawaii Information Service #720959 Report a problem
        5/30/2025Listed for sale$2,950,000+1.9%$796/sqft
        Source: Hawaii Information Service #720959 Report a problem
        2/2/2025Listing removed$2,895,000$781/sqft
        Source: Hawaii Information Service #711336 Report a problem
        12/2/2024Price change$2,895,000-17.3%$781/sqft
        Source: Hawaii Information Service #711336 Report a problem
        7/15/2024Listed for sale$3,500,000-6.7%$944/sqft
        Source: Hawaii Information Service #711336 Report a problem
        7/12/2024Listing removed--
        Source: Owner Report a problem
        4/14/2024Listed for sale$3,750,000+120.6%$1,011/sqft
        Source: Owner Report a problem
        6/1/2020Listing removed$1,700,000$458/sqft
        Source: Reba-Mae Silva REALTOR #634982 Report a problem
        12/11/2019Listed for sale$1,700,000+117.9%$458/sqft
        Source: Reba-Mae Silva REALTOR #634982 Report a problem
        4/26/2012Sold$780,000-10.9%$210/sqft
        Source: Public Record Report a problem
        2/11/2012Listed for sale$875,000$236/sqft
        Source: Coldwell Banker Maryl-Kona #242180 Report a problem
        12/7/2011Listing removed$875,000$236/sqft
        Source: Coldwell Banker Maryl Realty #242180 Report a problem
        10/19/2011Price change$875,000-18.6%$236/sqft
        Source: Coldwell Banker Maryl Realty #242180 Report a problem
        8/11/2011Price change$1,075,000-10%$290/sqft
        Source: Maryl Realty #242180 Report a problem
        7/29/2011Price change$1,195,000-4.4%$322/sqft
        Source: Maryl Realty #242180 Report a problem
        5/7/2011Price change$1,250,000-3.8%$337/sqft
        Source: Maryl Realty #242180 Report a problem
        2/12/2011Listed for sale$1,299,000+94.8%$350/sqft
        Source: Coldwell Banker Maryl Realty #242180 Report a problem
        5/1/2001Sold$667,000$180/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $2,115,000 +3.7%
        2024$20,576 +82.1%$2,038,700 +74.6%
        2023$11,296 +9%$1,167,700 +10.8%
        2022$10,366 +17.8%$1,053,900 +15.5%
        2021$8,797 -9.2%$912,500 +4.5%
        2020$9,693 $873,200 +4.2%
        2019-- $838,100 +7.9%
        2018-- $776,400 +1.5%
        2017-- $765,200 +2.3%
        2016-- $747,900 +10%
        2015-- $680,100 -0.7%
        2014-- $684,600 +28.6%
        2012-- $532,400 +3%
        2011-- $516,900 +3%
        2010-- $501,800 +3%
        2009-- $487,200 +3%
        2008-- $473,000 +29.8%
        2007-- $364,500 +3%
        2006-- $353,900 +3%
        2005-- $343,600 +2.8%
        2004-- $334,300 +3.5%
        2003-- $323,000 +2.6%
        2002$986 -0.8%$314,800
        2000$994 --
        1999-- $313,300

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Kahaluu-Keauhou

        Getting around

        11 / 100
        Car-Dependent
        2 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes

        Skip to the end of the carouselSkip to the beginning of the carousel