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SOLD
MLS: 636662
 
Asking Price: $3,995,000 Fee Simple
Sold Price: $3,950,000
Sold Date: 10/05/2020
Type: Residential
District: North Kona
Street: 75-108 Kaiolu Dr
Beds: 4   Baths: 4
Living Area: 2,408 SF
Land Area: 21,079 SF
Parking: Covered
Amenities: Exterior Lighting,Gazebo,Storage Area
Days on Market: 1487
(The Price of the property was lowered by $385,000 on 06/10/2020)
Year Built: 1989
Zoning: RS-15
Roads: Private
Land Recorded: Regular
Property Taxes: $21,863
Assessed Value: $1,969,700
Assessed Ratio: 202.82%
Listing Courtesy: Hawaii Life Real Estate Brokers
Terms Acceptable: 1031 Exchange,Cash,Conventional
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75-108 Kaiolu Drive, Kailua-Kona

This vacation rental "Short Term Vacation Rental permit approved" oceanfront residence is located in a gated estate and set on nearly ½ acre. Situated in a private neighborhood off of Kailua-Kona’s scenic Ali’i Drive.

Recently remodeled by renowned architect Ali Ghalamfarsa with Alii Architects, this home reflects a true sense of place with Hawaii-style architecture, expansive indoor-outdoor living spaces, wrap around lanais, lagoon-shaped swimming pool with spa and coco palms framing the amazing ocean and sunset views.

This welcoming front entry showcases Ohia wood posts, attractive rock walls and an artfully etched glass door. Interior features include towering vaulted ceilings with lauhala weave treatment, multi-shaped, whimsical custom light fixtures in the great room, and neutral colored stone counters with beautiful wood cabinets in the kitchen and bathrooms.

The large, open floor plan, master suite and three guest suites provide space for the entire family as well as entertaining overnight guests. The master bathroom is outfitted with attractive, dual counter top glass sinks and opens to an outdoor shower garden. Exterior highlights include a bridge walk path over a pond, elevated, thatch-roofed view pavilion, tiki torches and large grassy lawn stretching towards the ocean.


 
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