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73-1118 OLUOLU ST, KAILUA-KONA, HI 96740

Ocean views and potential

Listing Provided by: Corcoran Pacific Properties
MLS #: 725240
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Description

Ready for Your Vision! Situated on a fairly level corner lot in the desirable Kona Highlands, this 2-bedroom, 2-bath home offers expansive ocean views and a rare opportunity to create your ideal Hawaiian retreat. Enjoy sweeping blue-water vistas from the living room, kitchen, and lanai, where island breezes and sunsets set the scene. Offered in As-Is condition, the property is well-suited for a contractor, renovation project, or buyer seeking a rural island feel with strong upside potential. A solar hot water system helps keep electric costs low, adding long-term value and efficiency. The lower level features an unpermitted, partially finished room with multiple potential uses, offering additional flexibility for future improvements. With its corner lot location, ocean views, and solid footprint, this home presents an excellent opportunity to build equity and bring your island vision to life.

Property Details

Price: $650,000
Sold Price:
Address: 73-1118 OLUOLU ST, KAILUA-KONA, HI 96740
Ownership: Full
Status: Active
Category: Residential
Type:

Total Bedrooms: 2
Total Bathrooms: 2
Full Baths: 2
Living Area: 936 Square Feet

Listed by: Corcoran Pacific Properties
Year Built: 1976
Levels:

Features and Amenities

Interior Features:
Exterior Features:
View: HIS Coastline, HIS Sunset, Ocean, Ocean Horizon
Pool:
Pool Features:

Appliances: Dryer, Washer
Fireplace Features:
Flooring: Carpet, Laminate, Vinyl
Security:
Laundry:
Garage Spaces:
Carport Spaces:
Parking Features: Unassigned
Additional Structures:
Home Warranty:

Community Information

Project Name:
Subdivision Name: KONA HIGHLANDS
Association Fee: $0 Monthly
Stories:
Year Established:
Lava Zone: 4
Flood Zone: X

Land Information

Lot Size: 8,452 Square Feet
Waterfront:
Land Lease Rent:
Lease Type:
Land Tenure: Fee Simple
Lot Features: Corner Lot
Frontage Type:
Roads: Paved
Roads Frontage Type: HIS Road/Street
Zoning: A-5A
Horse Amenities:

Additional Details

Assessed Tax Value: $331,100
Annual Tax: $922
Tax Year: 2025
Tax Lot: C-73
Tax Block:

Utilities: Cable Available, Electricity Available, Phone Available, Underground Utilities
Cooling: None
Heating: None
Sewer: Cesspool
Water:
Solid Waste Disposal: Private Contractor

First Listed December 24, 2025, 11:18 am
Last Updated December 24, 2025, 11:18 am
Listing Conditions: Fee Simple, Standard
Property Condition:
Financial Info Available:

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