78-6929 Mamalahoa Hwy

About this property

This is a leasehold property. Set on approximately 0.7 acres, this 2,168 sq ft home is surrounded by mature vegetation, offering privacy with no neighbors in sight. Located at the end of a shared driveway, the setting provides a peaceful atmosphere while remaining just minutes from town conveniences. The home features two distinct living areas, creating flexibility for extended family, guests, or rental potential. Upstairs, a freshly painted, spacious 3-bedroom, 2-bath layout includes two large flex rooms ideal for an office, gym, or additional living space. The kitchen is appointed with granite countertops and opens to a generous covered lanai for outdoor living and enjoying the ocean breeze and year-round temperate climate. The easily fenced side yard is ideal for pets. The ground level offers a comfortable 2-bedroom, 1-bath configuration with a large living area and full kitchen, also recently painted. This level opens directly to a lush, wooded yard with excellent elevation for gardening and growing a variety of tropical fruits. Exterior stairs on the mauka side connect both levels. Additional features include a 2-car carport with ample storage, laundry area, and workshop space. Conveniently located in Keauhou Mauka, just minutes from the amenities of Keauhou, Kona Community Hospital, and ocean access offered at Keauhou Bay, Kahaluʻu Beach Park, and Magic Sands Beach Park. Approximately 15 minutes to the airport and Costco. Leasehold: Privately held lease with expiration on May 30, 2040 (non-renewable). Current lease rent is $6,000 annually. This presents a unique opportunity to secure fixed housing costs while enjoying the benefits of homeownership in a highly desirable Kona location. **Check out the fly-through video: https://player.vimeo.com/video/1189121870