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$2,795,000
1 Beds ⋅ 2 Baths ⋅ 733250 MLS ⋅ ['Fee Simple'] Tenure
The home rides right on the water. Every window is ocean, every direction is horizon. Mornings start slow - Kona coffee in hand, take the swing on the lanai and just listen. Waves on the rocks below, wind through the palms, and out past the seawall, easy laughter from the surfers at the Kahaluu break. Look down, and the reef is alive underneath them, yellow tang over the coral, honu rising to breathe and gliding back along the seawall. Spinner dolphins pass most mornings, and on a winter day you may look up to a humpback breaching offshore. By afternoon you're in the water. A shaded place to sit in the side yard under mango, banana, and citrus, with easy in-and-out access right there. Grab a mask or a board and go. Snorkel straight off the property, or paddle out and take a few. Rinse off, back up the steps, and you're on the lanai with a cold drink. Inside, vaulted wood-lined ceilings carry the view through the house. Evenings: dinner on the lanai, the last surfers paddling in and the sun dropping into the Pacific off your deck. Best entertainment on the island, every night, no reservation required. This is Kona Moana Hale. - Directly on the water above the Kahaluu surf break - Dolphins most mornings; honu and yellow tang on the reef - Shaded side yard with easy ocean access - Rare double-width parcel - real distance from neighbors - Private oceanfront lanai with hanging daybed, cable rails - Both lanais rebuilt in Ipe, rated 75+ years - Window seat looking into the break - Vaulted and wood-lined ceilings - Seawall fortified with epoxy-coated rebar and wave cap - Wood foundation reinforced against surf and surge - Standing seam roof; under-foundation plumbing replaced - New 200-amp service; hurricane shutter, shield, screen - Split A/C throughout; privacy gate; sound-dampened fence - Established vacation rental with documented income

78-6654 Alii Dr, KAILUA KONA

Listing courtesy of Hawaii 5 0 Realty.

$755,000
2 Beds ⋅ 2 Baths ⋅ 732132 MLS ⋅ ['Fee Simple'] Tenure ⋅ Kahaluu Reef BLDG.
Turnkey Vacation Rental Opportunity in the Heart of Kona! Welcome to 78-6665 Alii Drive #101, a proven, heavily booked short-term vacation rental just across the street from the Pacific Ocean. This desirable ground-floor condo offers easy access to world-class snorkeling, surfing, paddleboarding, and unforgettable Hawaiian sunsets. Ideally located just minutes from Keauhou Shopping Center, you'll enjoy convenient access to restaurants, shopping, a grocery store, movie theater, farmers market, golf, and more. Kona's beaches, outdoor adventures, and vibrant downtown are all within easy reach. Whether you're looking for a successful income-producing investment or your own island getaway, this turnkey property offers the perfect combination of location, lifestyle, and vacation rental income. Owners grossed $68,492 in 2024 and $83,149 in 2025. As of July 14th, 2026, the unit already brought in $44,970. The STVR permit is transferable to the new owner. Resort-Style Amenities in a low density complex. Enjoy the Kahaluu Reef common area amenities including a pool pavilion with an ocean view of Kahaluu Beach. Watch surfers ride the waves, host barbecues with family and friends or jump in the pool. The HOA fee covers trash, water, cable, exterior maintenance, and pool access

78-6665 Alii Dr Unit 101, KAILUA KONA

Listing courtesy of KW Big Island.

$899,000
3 Beds ⋅ 2 Baths ⋅ 725199 MLS ⋅ ['Fee Simple'] Tenure ⋅ Beach Villas At Kahaluu BLDG.
Kahaluu Beach Villas #303 is an active STVR and a beautifully maintained top-floor 3-bedroom, 2-bath residence. Perfectly positioned across from Kahaluu Beach Park, it offers front-row access to one of Kona’s best snorkeling beaches. Step onto your spacious covered lanai to enjoy ocean and sunset views, and take in the ease of island living just minutes from restaurants, shopping, and surf. This turnkey unit offers approximately 1,200 sq. ft. of interior space with a large ocean-view lanai, central A/C, in-unit washer and dryer, granite countertops, and a detached storage unit. The gated Kahalu'u Beach Villas community features a resort-style infinity pool, spa, BBQ area, and lush tropical landscaping. Fully furnished and ready for immediate use, this property is ideal as a vacation rental, second home, or ocean-view retreat. Showings by appointment only. Please allow advance notice as viewings must be scheduled around guest stays.

78-6721 Alii Dr Unit 303, KAILUA KONA

Listing courtesy of eXp Realty.

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.