73-4392 Punawele St, Kailua Kona, HI 96740 (MLS # 728468)
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Discover your own private tropical oasis in the desirable Kona Acres community"”an exceptional one-acre retreat featuring a main residence, pool house, and detached hosted vacation rental set against ocean-view backdrops and lush island landscaping. The main home offers 4 bedrooms and 3 baths, showcasing all-new vinyl plank flooring, fresh paint throughout & upgraded recessed lighting. The spacious kitchen features a reverse osmosis system, new refrigerator, & an open-concept design that invites ocean breezes & pool views while you cook. The living area centers around a home theatre equipped with an automated projector, retractable screen, & built-in surround sound"”perfect for movie nights or entertaining guests w/ tranquil pool views. The primary suite includes a walk-in closet, ensuite bath, & private lanai. Two additional bedrooms are just right down the hall. Step outside to your resort-style pool, solar-heated & surrounded by tropical greenery, papaya, loquat, white pineapple, & avocado trees. The pool house provides guests with their own private retreat featuring a full bedroom & bathroom"”ideal for quiet relaxation or extended stays. Completing this unique property is a detached fully remodeled 2-bedroom, 1-bath home, currently operating as a hosted short term vacation rental & offered fully furnished for a seamless, income-producing opportunity. With ocean views, expansive outdoor living, and both luxury and versatility built in, this property perfectly blends island living and investment potential in one exceptional package. Buyer & their agent to perform due diligence.
| DAYS ON MARKET | 48 | LAST UPDATED | 3/24/2026 |
|---|---|---|---|
| TRACT | KONA ACRES | YEAR BUILT | 1979 |
| GARAGE SPACES | 1.0 | COUNTY | Hawaii |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| PRICE HISTORY | |
| Prior to Mar 24, '26 | $975,000 |
|---|---|
| Mar 24, '26 - Today | $1,725,000 |
| ADDITIONAL DETAILS | |
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Convection Oven, Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Water Heater, Freezer, Microwave, Range, Range Hood, Refrigerator, Solar Hot Water, Trash Compactor, Washer |
| EXTERIOR | Lighting |
| GARAGE | Attached Garage, Yes |
| INTERIOR | Built-in Features, High Speed Internet |
| LOT | 47088 acre(s) |
| LOT DESCRIPTION | Flag Lot, Landscaped, Level |
| LOT DIMENSIONS | 47088.0 |
| PARKING | Attached, Covered, Unassigned |
| POOL DESCRIPTION | Gunite, Heated, In Ground, Outdoor Pool, Tile |
| SEWER | Cesspool |
| STORIES | 1 |
| SUBDIVISION | KONA ACRES |
| TAXES | 12072.72 |
| UTILITIES | Cable Available, Electricity Available, Phone Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Ocean, Mountain(s) |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with eXp Realty
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd.
active listings last updated on 4/22/26 2:25 AM PDT.
Information is deemed reliable but not guaranteed.
Copyright: 2026 by HiCentral MLS, Ltd.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company’s active listing, you may speak to one of our agents regarding your options for representation.
active listings last updated on 4/22/26 2:25 AM PDT.
Information is deemed reliable but not guaranteed.
Copyright: 2026 by HiCentral MLS, Ltd.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company’s active listing, you may speak to one of our agents regarding your options for representation.
This IDX solution is (c) Diverse Solutions 2026.