74-4969 Kealakaa St, Kailua-Kona, HI 96740

Please continue to show for a back up offer. <br><br>Rare opportunity in North Kona — 2 fully permitted homes on a private, 1-acre lot with ocean views, breezes, and a pool. Properties like this are almost never available: live in one, rent the other, or lease both and generate income until you're ready to move. The main home features soaring ceilings, open living, 3+ bedrooms, 4 baths, and multiple flex spaces. The detached 2 bed, 2 bath cottage offers excellent separation and its own power meter. With potential for an ADU (buyer to verify), this flexible property supports multi-generational living, long-term rental income, or extended ohana living. Just minutes from Honokohau Harbor, Costco, beaches, and all of Kona’s conveniences — this is a one-of-a-kind chance to own a true island compound.