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$1,800,000     Sold
12 beds     12 full & 0 half baths
5,616 sf     16,945 land

The Big Island Retreat is a unique, affordable alternative to hotels and expensive vacation rentals in the Kailua Kona beach area of Alii Dr. A growing concern, the numbers for 2016 Year to Date look excellent well up from 2015. Seller keeps rates lower than competition and lower than the market value; these rooms are gorgeous and unique. There is possibly room for aggressively increasing the sales and income. Located directly across the street is Kahaluu Beach Park for surfing, snorkeling, and swimming. This plantation style home offers 8 custom furnished, short term vacation suites in the main building each w/ private bath, well stocked kitchenettes and private lanais - there is a total of 12 bedrooms 4 of which are rented longer termpossibly not their best and highest use. Each of the 8 remodeled suites is individually furnished, named and colored after Hawaii fruit, flowers, etc. The resort zoning allows for multiple uses such as renting the 12 individual rooms short or long term as well as for a single-family home, B&B, use as a corporate retreat facility or boutique hotel. The main house is 3 stories and built around an open-air atrium w/ocean views from the 2nd and 3rd floors. The 1st floor of the main structure includes a recreation/common room, laundry facilities and an oversized 1 car garage and separate large storage area. The 2nd floor of the main house has 4 ensuite, 2 garden and 2 w/ocean views. The 3rd floor of the main house is the 2 bedroom, 2 full bath master penthouse w/large kitchen, wine cooler, designer living room, dining room, an incredible lanai area w/wet bar and ocean and sunset views. The second structure sits below and in front of the main building w/6 more bedrooms and 5.75 bathrooms and includes a gazebo w/an outdoor kitchen, BBQ, outdoor pantry, frig and sink for guests. Close by is Laaloa State Beach and White Sands Beach. See website: www.bigislandretreat.com.

MLS Data

  • Address: 78-226 KAHALUU RD
  • State: HI
  • Zip: 96740
  • Price: $1,800,000
  • Status: Sold
  • Beds: 12
  • Baths Full:12
  • Baths Half: 0
  • Total Sq. Ft: 5,616 sf
  • Year Built: 1992
  • Type: Business
  • Land Sq. Ft: 16,945
  • MLS # 601180
  • County:
  • MLS Area: North Kona
  • Neighborhood: North Kona
  • Elementary School:
  • Middle School:
  • High School:
  • Parking:
  • Pool:
  • View: Bay, Coastline, Ocean, Ocean Horizon, Other (remarks), Sunset
  • Land Tenure: Fee Simple
  • Year Renovated:
  • Property Condition:
  • TMK: 3780140360000
  • Zoning: V-1.25

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Rebecca Keliihoomalu

President and Founder of The Rebecca K. Collection, R(B)

Dana Asis