78-6737 Walua Rd, Kailua Kona, HI 96740

One-of-a-Kind Estate with Breathtaking Ocean Views & Established B&B Permit – Kailua-Kona, Hawaii Offered for the first time in nearly 25 years, this extraordinary 1.2-acre estate is a rare gem just minutes from downtown Kailua-Kona. Perched above Keauhou Bay with over 100 feet of panoramic ocean and sunset views, this property blends timeless Old Hawaii charm with modern upgrades and exceptional income potential. Tropical Paradise Living Surrounded by lush, professionally landscaped gardens and 16 mature fruit trees—including mango and avocado—this estate is a plant lover’s paradise. Terraced gardens, vibrant tropical foliage, and automatic landscape lighting create a tranquil, resort-like setting. Spacious Main Residence The 3,708 sq ft home offers 5 bedrooms and 5.5 bathrooms, ideal for multi-generational living, hosting guests, or flexible use. Recent updates to the kitchen and primary bathroom add modern style while preserving the home’s open-beam architecture and island character. Resort-Style Outdoor Amenities Two large swimming pools Built-in hot tub Expansive lanais and outdoor entertaining areas Private terraces with stunning ocean and sunset views Established, Grandfathered Bed & Breakfast This property includes a rare, county-registered B&B permit. Sale includes all business documentation and licensing, offering a valuable turnkey opportunity with an established clientele. Key Features Standing seam metal roof Solid slab foundation Open-beam ceilings Paved county roads Central yet private location near Kailua-Kona and Keauhou Bay