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Residential > House
For Sale
3 weeks ago
$1,250,000$497/ft²

73 1181 Mahilani Dr
Kailua Kona, HI 96740

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  • 73 1181 Mahilani Dr, Kailua Kona, HI 96740 is a 5 bed, 4 bath, 2,513 ft² house built in 2006 on a 0.196 acre lot. This house is currently for sale for $1,250,000, and it was last sold in 2023. The latest TopHap estimate of the house's value is $1,509,561. 73 1181 Mahilani Dr is within the Hawaii Department Of Education.

    Property Valuations

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    Lot Details

    MLS Description

    The listing agent's description. Original Listing

    Welcome to the ULTIMATE Rental in Kailua Kona featuring expansive ocean views! This unique property is a dream come true for anyone looking to enjoy the beauty and convenience of living in paradise with added long-term rental income potential.<br>The main living floor features 3 bedrooms, 2 bathrooms, an open and renovated kitchen and dining room concept, as well as a sunken living room – perfect for entertaining guests or relaxing with family. Step outside onto your spacious lanai and take in stunning Kona sunsets overlooking the ocean and breeze. <br><br>The two lower rental units are accessed from a separate exterior staircase, offering privacy and convenience. The first unit is a studio with a full bath and a wet bar. The second unit features one bedroom with one bathroom, plus its own wet bar and lanai area with seating area and bbq - so you can enjoy the beautiful outdoor weather all year round. There is a flat lower yard that is perfect for a garden or for additional pets. <br><br>Enjoy a HUGE oversized 600 sqft garage that has a 15-foot tall ceiling and 12-foot x 16-foot roll-up garage door – perfect for extra cars, boats, workout gym, or setting up your own shop!<br><br>Special Features<br>~** VA assumable mortgage of $728,000 @ 2.25% available! **<br>~Expansive ocean views <br>~Active long-term rental income from two downstair units<br>~Fully Remodeled kitchen with beautiful butcher block countertops<br>~22 Leased Solar Photovoltaic Panels & Solar Water Heater<br>~Spacious Garage, perfect for a boat or gym<br>~Cool elevation temperatures: 1100’’<br>~Interior and Exterior Painted in 2021<br>~Home is located just 10 minutes from the airport, beaches, and town.<br>~Exterior painted within the last 4 years.<br>~Main living floor has solid 3/4” hardwood floors throughout (Angelium) - refinished <br>~Travertine tile in master shower and studio.<br><br>Live comfortably in a subdivision with no CC&R’S while also taking advantage of long-term rental income.

    Listing Agents

    The listing agent for 73 1181 Mahilani Dr is Maly Romero.

    Property Details

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    School Information

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    Neighborhood

    This property is located in Kaiminani.

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