Lono - Kona Subdivision Homes with Mountain(s) View

Welcome to the enchanting Lono - Kona Subdivision, nestled in the heart of Kailua-Kona, Hawaii. This picturesque neighborhood offers a unique blend of natural beauty and community spirit, making it an ideal place to call home. Surrounded by the majestic mountains, residents are treated to breathtaking views that change with the light of each day, creating a serene backdrop for everyday life.

In Lono - Kona, the homes are designed to maximize the stunning mountain vistas, with many properties featuring expansive windows and outdoor spaces that invite the beauty of the landscape indoors. Imagine waking up to the soft hues of dawn illuminating the mountains, or enjoying a sunset that bathes your home in a warm golden glow. This captivating scenery is not just a view; it’s a lifestyle that encourages outdoor living and relaxation.

The neighborhood is more than just its views; it boasts a welcoming community atmosphere with friendly neighbors and a sense of belonging. Residents enjoy easy access to local amenities, including shops, dining options, and recreational activities that celebrate the island's rich culture. Whether you’re exploring the nearby beaches, hiking the lush trails, or savoring fresh local cuisine, Lono - Kona offers a perfect balance of adventure and tranquility.

Embrace the opportunity to live in a place where the mountains meet the sea, and every day feels like a vacation. Discover your dream home in Lono - Kona Subdivision, where stunning views and a vibrant community await you!

Newest Lono - Kona Subdivision Homes with Mountain(s) View

$8,875,000

20 Beds ⋅ 25 Baths ⋅ 730091 MLS ⋅ ['Fee Simple'] Tenure

Rare offering of stabilized apartment income property at Alahou Street Apartments. 25 units in two newer buildings, with 8 2-bedroom units in building A built in 2012 and 15 studio units plus 2 2-bedroom units in Building B built in 2018, both being in excellent condition. Total of 10 2-bedroom units and 15 studio units located in the heart of Kailua-Kona town. With a high barrier to entry due to lack of water and zoned land, there are no new competing projects planned in the area at this time, leading to consistent rental pressure over time and high occupancy, typically pushing 100%. Great parking and walking distance to shopping and dining add to the desirability of this project. Priced at $8,875,000, which represents a 5.5% capitalization rate on Trailing Twelve Months (T-12) financial performance, this Offering provides an excellent opportunity for investing in the Kailua-Kona market, one of Hawaii's most popular resort/residential markets. With the planned new hospital and other growth in the area, continued upward pressure on rents and high occupancy is very likely. Walkability score of 72. Potential to convert the project to a Condominium Property Regime is available.

75-5749 Alahou St Unit 25, KAILUA KONA

Listing courtesy of Pacific Realty Organization LLC.

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Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.