Lono Kona Homes with Ocean View

Welcome to Lono Kona, a hidden gem nestled in the heart of Kailua Kona, Hawaii. This enchanting neighborhood is the perfect blend of serene island living and breathtaking natural beauty. Known for its warm, welcoming community, Lono Kona boasts stunning ocean views that will take your breath away. Imagine waking up each morning to the gentle sound of waves lapping against the shore and the vibrant colors of a Hawaiian sunrise painting your sky.

Lono Kona is not just about picturesque views; it offers a lifestyle that many dream of. With its close proximity to pristine beaches, lush hiking trails, and vibrant local markets, residents enjoy an outdoor paradise right at their doorstep. Spend your days exploring the rich marine life while snorkeling in crystal-clear waters or indulging in fresh, local cuisine at nearby restaurants and cafes. The neighborhood fosters a strong sense of community, making it easy to connect with friendly neighbors and participate in local events.

The homes in Lono Kona are a true reflection of the island's charm, featuring spacious layouts designed to maximize those stunning ocean views. Many properties boast expansive decks and large windows that invite the beauty of the outdoors in. Whether you're seeking a cozy retreat or a luxurious residence, Lono Kona offers a variety of options to suit your lifestyle.

Experience the magic of island living in Lono Kona, where every day feels like a vacation. With its captivating views, vibrant community, and endless recreational opportunities, this neighborhood is not just a place to live—it's a place to thrive. Come discover your piece of paradise today!

Newest Lono Kona Homes with Ocean View

$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.

Start Your Search

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.