Lono Kona Real Estate

Welcome to Lono Kona, a hidden gem nestled in the heart of Kailua Kona, Hawaii. This charming neighborhood is a delightful blend of tropical beauty and laid-back island living, making it an ideal destination for those seeking both relaxation and adventure.

Lono Kona is characterized by its stunning ocean views, lush landscapes, and warm, welcoming community. Residents and visitors alike are drawn to the area’s vibrant atmosphere, where the gentle sound of waves and the scent of blooming plumeria create an idyllic backdrop for daily life. The neighborhood is conveniently located near the picturesque coastline, offering easy access to some of the best beaches in Hawaii, perfect for sunbathing, swimming, or enjoying water sports.

Nature enthusiasts will appreciate the nearby hiking trails, which wind through the stunning volcanic terrain, leading to breathtaking vistas and hidden waterfalls. The area is also rich in cultural heritage, with historic sites and local markets that showcase the rich traditions of Hawaiian life.

In addition to its natural beauty, Lono Kona boasts a variety of dining options, from casual eateries to upscale restaurants, where you can savor fresh seafood and local delicacies. The community is also home to charming boutiques and art galleries, providing a unique shopping experience that reflects the island’s vibrant culture.

Whether you’re looking for a permanent residence or a vacation home, Lono Kona offers a unique lifestyle that captures the essence of island living. Come explore this enchanting neighborhood and discover why so many have chosen to call Lono Kona home.

Newest Listings in Lono Kona

$8,875,000

202609233 MLS ⋅ FS - 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. Zoned RM-1

75-5749 Alahou Street, Kailua Kona

Listing courtesy of Pacific Realty Organization.

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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.