73-4392 Punawele St, Kailua Kona, HI 96740 (MLS # 728468)
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Discover a private tropical estate in desirable Kona Acres where luxury, flexibility, and income potential come together on one lush acre. Framed by ocean views and mature island landscaping, this exceptional property features a beautifully updated main residence, a separate pool house, and a detached permitted ohana, offered fully furnished. The 4-bedroom, 3-bath main home showcases new luxury vinyl plank flooring, fresh interior paint, upgraded recessed lighting, and an open-concept design that captures ocean breezes and overlooks the resort-style pool. The spacious kitchen offers reverse osmosis filtration, a new refrigerator, and seamless indoor-outdoor living. Enjoy movie nights in the comfort of your living room with a home theater featuring an automated projector, retractable screen, and built-in surround sound. The primary suite includes a walk-in closet, ensuite bath, and private lanai, while two additional bedrooms are conveniently located down the hall. Outside, the solar-heated pool is surrounded by tropical gardens, papaya, loquat, white pineapple, and avocado trees. The pool house offers a private bedroom and full bath, creating an ideal guest retreat. Completing the estate is a fully remodeled detached 2-bedroom, 1-bath permitted ohana, offered fully furnished. The sellers took advantage of its income-producing opportunity, using it as a hosted Airbnb. Offering exceptional privacy, multiple living spaces, ocean views, and remarkable versatility, this is island living at its finest. Buyer and Buyer's agent to perform their own due diligence. Buyer & their agent to perform due diligence. Seller makes no guarantee of future allowance of the hosted STR.
| DAYS ON MARKET | 114 | LAST UPDATED | 6/25/2026 |
|---|---|---|---|
| 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 - Jun 25, '26 | $1,725,000 |
| Jun 25, '26 - Today | $1,699,000 |
| 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 6/27/26 9:38 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 6/27/26 9:38 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.
