Ad #7810692
MLS #730851
Spacious Kuakini Heights Home with Rental Potential Property
77-361 MELE PL, Kailua Kona, HI 96740
$1,500,000
4Beds
3Baths
3,546Sqft
0.23Acres
About this property
Spacious Kuakini Heights Home with Rental Potential Property Overview: Located on a quiet cul-de-sac in the established Kuakini Heights neighborhood, 77-361 Mele Place offers an incredibly flexible floor plan with immense potential. While the home is awaiting updates and your personal touch, it represents a fantastic value-add opportunity for investors, DIY-enthusiasts, or buyers looking for an entry point into the Kona market. This property is priced aggressively at just $12,500 above its current county tax assessed value making it a compelling opportunity to build immediate sweat equity. Main Living Area (Upstairs): The upper level features a spacious 3-bedroom, 2-bathroom layout. While there is no current ocean view, a buyer could unlock a view of the water by strategically trimming the property's mature mango trees. Lower Level & Income Potential: Offering privacy and separation, the lower level features a 1-bedroom, 1-bathroom layout complete with a kitchenette and a living area. This space benefits from its own separate entrance and a dedicated secondary carport, making it highly functional for extended family living or as a long-term rental to help offset the mortgage. Agent Notes on Condition & Photos: Photos are currently limited as the seller is actively making repairs to the lower level and the property's lanais. Bring your contractor and your vision to see the possibilities this property holds. Location: Kuakini Heights offers an ideal, central location. You are tucked away in a peaceful neighborhood near the popular Walua Trail, yet just minutes down the hill to the dining, shopping, and amenities of both the Keauhou Shopping Center and downtown Kailua-Kona.
Property Features
4 Beds
3 Baths
3,546 Sqft
Built in 1978
0.23 Acres
Covered
$99 / yr property tax
KUAKINI HEIGHTS SUBDIVISION Community
Additional Photos
Contact Information
Kurtis S Becker
Coldwell Banker Island Properties
808-430-6785
Location
Listing Agent: Kurtis S Becker 808-430-6785
Broker: Coldwell Banker Island Properties 808-724-6854 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.
Broker: Coldwell Banker Island Properties 808-724-6854 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
$1,500,000
4
Beds
3
Baths
3,546
Sqft
77-361 MELE PL, Kailua Kona, HI 96740
By contacting this agent you agree to these Terms and Conditions.
MLS# 730851
Spacious Kuakini Heights Home with Rental Potential Property
$1,500,000
77-361 MELE PL, Kailua Kona, HI 96740
4
Beds
3
Baths
3,546
Sqft
0.23
Acres
$1,500,000
77-361 MELE PL, Kailua Kona, HI 96740
4 Beds
3 Baths
3,546 Sqft
0.23 Acres
Spacious Kuakini Heights Home with Rental Potential Property Overview: Located on a quiet cul-de-sac in the established Kuakini Heights neighborhood, 77-361 Mele Place offers an incredibly flexible floor plan with immense potential. While the home is awaiting updates and your personal touch, it represents a fantastic value-add opportunity for investors, DIY-enthusiasts, or buyers looking for an entry point into the Kona market. This property is priced aggressively at just $12,500 above its current county tax assessed value making it a compelling opportunity to build immediate sweat equity. Main Living Area (Upstairs): The upper level features a spacious 3-bedroom, 2-bathroom layout. While there is no current ocean view, a buyer could unlock a view of the water by strategically trimming the property's mature mango trees. Lower Level & Income Potential: Offering privacy and separation, the lower level features a 1-bedroom, 1-bathroom layout complete with a kitchenette and a living area. This space benefits from its own separate entrance and a dedicated secondary carport, making it highly functional for extended family living or as a long-term rental to help offset the mortgage. Agent Notes on Condition & Photos: Photos are currently limited as the seller is actively making repairs to the lower level and the property's lanais. Bring your contractor and your vision to see the possibilities this property holds. Location: Kuakini Heights offers an ideal, central location. You are tucked away in a peaceful neighborhood near the popular Walua Trail, yet just minutes down the hill to the dining, shopping, and amenities of both the Keauhou Shopping Center and downtown Kailua-Kona.
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Property Details
HOME DETAILS
4 Beds
3 Baths
3,546 Sqft
Built in 1978
0.23 Acres
EXTERIOR
Covered
FINANCIAL & COMMUNITY
$99 / yr property tax
KUAKINI HEIGHTS SUBDIVISION Community
See More Details
Location
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Ad Statistics
Ad Number
7810692
Viewed
78 times
Listing Status
Active
Added
Jun 01, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
Hawaii Information Service
Source Property ID
730851
Listing Agent: Kurtis S Becker 808-430-6785
Broker: Coldwell Banker Island Properties 808-724-6854 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.
Broker: Coldwell Banker Island Properties 808-724-6854 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.
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