78-6737 Walua Rd Kailua-Kona, Hawaii 96740

One-of-a-Kind Estate with Breathtaking Ocean Views & Established B&B Permit — Kailua-Kona, Hawaii

Offered for the first time in nearly 25 years, this extraordinary 1.2-acre estate is a rare gem just minutes from downtown Kailua-Kona. Perched above Keauhou Bay with over 100 feet of panoramic ocean and sunset views, this property blends timeless Old Hawaii charm with modern upgrades and exceptional income potential.

Tropical Paradise Living

Surrounded by lush, professionally landscaped gardens and 16 mature fruit trees–including mango and avocado–this estate is a plant lover’s paradise. Terraced gardens, vibrant tropical foliage, and automatic landscape lighting create a tranquil, resort-like setting.

Spacious Main Residence

The 3,708 sq ft home offers 5 bedrooms and 5.5 bathrooms, ideal for multi-generational living, hosting guests, or flexible use. Recent updates to the kitchen and primary bathroom add modern style while preserving the home’s open-beam architecture and island character.

Resort-Style Outdoor Amenities

Two large swimming pools

Built-in hot tub

Expansive lanais and outdoor entertaining areas

Private terraces with stunning ocean and sunset views

Established, Grandfathered Bed & Breakfast

This property includes a rare, county-registered B&B permit. Sale includes all business documentation and licensing, offering a valuable turnkey opportunity with an established clientele.

Key Features

Standing seam metal roof

Solid slab foundation

Open-beam ceilings

Paved county roads

Central yet private location near Kailua-Kona and Keauhou Bay

78-6737 Walua Rd Kailua-Kona 96740 is listed Courtesy of First Island Realty, Llc