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Ad #7895328
MLS #731260

Multi-Family & Investment Opportunity in Kailua-Kona! Rare

73-1203 AHULANI ST, Kailua Kona, HI 96740
$1,650,000
7Beds
7Baths
4,949Sqft
0.45Acres

About this property

Multi-Family & Investment Opportunity in Kailua-Kona! Rare opportunity to own two substantial homes on a beautifully landscaped half-acre property in the desirable Kona Coastview neighborhood of Kailua-Kona, Hawaii. Whether you are seeking a multi-generational living arrangement, long-term rental income, employee housing, or a flexible investment property, this unique offering provides exceptional versatility and value. The rear residence features approximately 2,936 square feet of living area with 4 bedrooms, 4 bathrooms, multiple levels, expansive living spaces, excellent natural ventilation, and three separate lanais designed to embrace Kona's year-round indoor-outdoor lifestyle. An additional lower-level area offers potential for a workshop, storage, hobby space, or covered parking. The front residence offers approximately 2,013 square feet with 3 bedrooms and 3 bathrooms, creating additional opportunities for rental income, extended family living, or guest accommodations. Both homes have recently benefited from roof upgrades, including new roofing, adding peace of mind for future ownership. Multiple tenants are currently in place, making this an attractive income-producing property from day one. The lush tropical grounds create a private island retreat, featuring producing avocado trees, apple bananas, pineapple, loquat, plumeria, and multiple varieties of mango. Enjoy fresh fruit from your own backyard while surrounded by mature tropical landscaping. Conveniently located near Kona International Airport, downtown Kailua-Kona, Alii Drive, shopping, restaurants, golf courses, and some of the Big Island's most beautiful beaches. Additional features include fee simple ownership, county water service, paved county roads, and no CC&Rs. A rare opportunity to own a versatile multi-family property with income potential in one of Kailua-Kona's most convenient locations.

Property Features

7 Beds
7 Baths
4,949 Sqft
Built in 1979
0.45 Acres
Covered
$15,568 / yr property tax
KO COASTVIEW SUBDIVISION Community

Contact Information

Emil V Knysh

Compass

808-747-0503

Location

Map
Listing Agent: Emil V Knysh 808-747-0503
Broker: Compass 808-762-1796 Listing Site
Copyright © 2026 Hawaii Information Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Aug 12, 2026

Photo Gallery

$1,650,000

7
Beds
7
Baths
4,949
Sqft

73-1203 AHULANI ST, Kailua Kona, HI 96740

By contacting this agent you agree to these Terms and Conditions.
Home Hawaii Kailua Kona
Multi-Family & Investment Opportunity in Kailua-Kona! Rare
MLS# 731260
Home For Sale

Multi-Family & Investment Opportunity in Kailua-Kona! Rare

$1,650,000

73-1203 AHULANI ST, Kailua Kona, HI 96740

7
Beds
7
Baths
4,949
Sqft
0.45
Acres
$1,650,000
73-1203 AHULANI ST, Kailua Kona, HI 96740
7 Beds
7 Baths
4,949 Sqft
0.45 Acres
Multi-Family & Investment Opportunity in Kailua-Kona! Rare opportunity to own two substantial homes on a beautifully landscaped half-acre property in the desirable Kona Coastview neighborhood of Kailua-Kona, Hawaii. Whether you are seeking a multi-generational living arrangement, long-term rental income, employee housing, or a flexible investment property, this unique offering provides exceptional versatility and value. The rear residence features approximately 2,936 square feet of living area with 4 bedrooms, 4 bathrooms, multiple levels, expansive living spaces, excellent natural ventilation, and three separate lanais designed to embrace Kona's year-round indoor-outdoor lifestyle. An additional lower-level area offers potential for a workshop, storage, hobby space, or covered parking. The front residence offers approximately 2,013 square feet with 3 bedrooms and 3 bathrooms, creating additional opportunities for rental income, extended family living, or guest accommodations. Both homes have recently benefited from roof upgrades, including new roofing, adding peace of mind for future ownership. Multiple tenants are currently in place, making this an attractive income-producing property from day one. The lush tropical grounds create a private island retreat, featuring producing avocado trees, apple bananas, pineapple, loquat, plumeria, and multiple varieties of mango. Enjoy fresh fruit from your own backyard while surrounded by mature tropical landscaping. Conveniently located near Kona International Airport, downtown Kailua-Kona, Alii Drive, shopping, restaurants, golf courses, and some of the Big Island's most beautiful beaches. Additional features include fee simple ownership, county water service, paved county roads, and no CC&Rs. A rare opportunity to own a versatile multi-family property with income potential in one of Kailua-Kona's most convenient locations.
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Property Details

HOME DETAILS

7 Beds
7 Baths
4,949 Sqft
Built in 1979
0.45 Acres

EXTERIOR

Covered

FINANCIAL & COMMUNITY

$15,568 / yr property tax
KO COASTVIEW SUBDIVISION Community
See More Details

Location

Map
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Ad Statistics

Ad Number
7895328
Viewed
44 times
Listing Status
Active
Added
Jun 17, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM

Listing Information

Data Source
Hawaii Information Service
Source Property ID
731260
Listing Agent: Emil V Knysh 808-747-0503
Broker: Compass 808-762-1796 Listing Site
Copyright © 2026 Hawaii Information Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Request Information

By proceeding, you authorize Dream Home Network Inc., its service providers (including real estate professionals such as Brokers, Listing Agents, Buyers Agents, and local referral partners), its affiliates, and other real estate professionals that may not be associated with Dream Home Network, to contact you using the contact details you provided, via email, phone call, and text (SMS), including using automated dialing technology and prerecorded and artificial voice, for marketing or advertising purposes, including contacting you about your inquiry and other home-related matters. You understand that your consent to the foregoing is not a condition of any purchase. Message and data rates may apply. This consent applies even if you are on a corporate, state or national Do Not Call list. Dream Home Network Inc. may share information about your recent and future site activity with its affiliates and service providers (including real estate professionals such as Brokers, Listing Agents, Buyers Agents, and local referral partners) to help them better understand what you are looking for in a property. To opt-out at any time you can reply "STOP" or contact Dream Home Network Inc. at csv@dreamhomenetwork.com.

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This consent applies even if you are on a corporate, state or national Do Not Call list. Dream Home Network Inc. may share information about your recent and future site activity with its affiliates and service providers (including real estate professionals such as Brokers, Listing Agents, Buyers Agents, and local referral partners) to help them better understand what I am looking for in a property. To opt-out at any time you can reply "STOP" or contact Dream Home Network Inc. at  csv@dreamhomenetwork.com.
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Alabama Alaska California Connecticut Delaware Florida Georgia Hawaii Louisiana Maine Maryland Mississippi New Hampshire New Jersey New York North Carolina Oregon Pennsylvania Rhode Island South Carolina Texas Virginia Washington
SERVICES
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Dream Home Network Inc.

is committed to ensuring digital accessibility and property listings for individuals with disabilities. All information provided is deemed reliable but is not guaranteed and should be independently verified. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. If you wish to report an issue or seek an accommodation, please let us know.

Dream Home Network Inc. Sells leads to DHN Realty Inc. who holds real estate brokerage licenses in Alabama. Listing agents will be sent notification copy of leads on their listings where Dream Home Network Inc. is provided listings via our Feed Provider as required.

© 1997 - 2026 BeachHouse.com
Part of Dream Home Network, Inc.
Last updated on 2026.08.12
Terms & Policy