74-4969 Kealakaa St, Kailua Kona, HI 96740

Rare Tropical Oasis with Two Permitted Homes on One Acre – Ocean Views & Pool! Welcome to your slice of paradise! Nestled on a lush 1-acre lot in beautiful North Kona, this unique property features two fully permitted homes – perfect for extended family, guests, or rental income. The main residence is a recently updated two-story home boasting 2 large bedrooms and 2 bathrooms on the upper level, along with a spacious kitchen, dining area, living room and a large lanai that overlooks the property’s tropical landscaping, private pool, and the ocean beyond. Downstairs, you’ll find a third bedroom with an ensuite bath, a large utility room, an additional full bathroom, and a generous recreation space—ideal for entertaining or relaxing. The home also includes an attached 2-car garage for convenience. The second home is plenty of distance away from main home so it has privacy. It is a charming, single-level 2 bedroom, 2 bathroom cottage with its own private feel—ideal as a guesthouse, rental opportunity, or space for multigenerational living. Whether you’re looking for a private retreat, a place to gather loved ones, or a smart investment, this rare offering delivers it all—island living, income potential, and panoramic views in one stunning package. Each house has separate power meter. TMK and MLS may not match. Buyer and buyer agent to investigate and do their due diligence.