74-5042 Palani Rd, Kailua Kona, HI 96740 (MLS # 732389)
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One large home split into (2) separate 3 bedrooms 2 bath living spaces or easily converted back to a large 6-bedroom, 4-bath single-family house. Completely renovated in 2021, this property will come with solid hosted vacation rental history and 4.9-star average Airbnb reviews. - Centrally located 5-minute drive to downtown Kona and beaches - 2024 gross- $60,500, 2025 Gross $53,700, 2026 current gross- $35,300 on front house ONLY. - Plenty of parking for 4 cars. 2 under the carport. Wide driveway to turn around before leaving the property. - Back Lanai has over 300 sqft. undercover with bbq area, extra seating, and optional lighting choices. - Front Lanai has over 400sqft and is covered by a louvered Pergola. A ceiling fan, USB ports, BBQ, and optional lighting make this a popular outside seating and dining area. - Fenced grassy yard complete with producing mango trees - Perfect 900ft elevation - Newer metal roof with special underlayment onto plywood with extra insulation and reflective heat barrier in attic keeps interior temps cool. - Over 2,000+ sqft of living area, plus 700 sqft of lanais, all on one level. No steps other than 5 leading to the backyard. Oversized lot for the neighborhood. - Seller-owned 36-panel photovoltaic system on NET metering. 10 years old with a 30-year warranty. Submeter for monitoring usage. - Brand new seamless gutters - 2 Large storage Sheds - Large walk-in tiled shower in back primary bedroom - 2 Primary bedrooms with private bathrooms - Low-maintenance granite and marble flooring - Massive back lanai perfect for morning coffee and enjoying your privacy - Rockwall and natural privacy fencing Buyer should independently research current and proposed STVR/TAR rules and regulations before purchasing
| DAYS ON MARKET | 2 | LAST UPDATED | 7/30/2026 |
|---|---|---|---|
| TRACT | KONA MACADAMIA ACRES | YEAR BUILT | 1980 |
| COUNTY | Hawaii | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Disposal, Dryer, Indoor Grill, Microwave, Range, Range Hood, Refrigerator, Washer |
| GARAGE | Attached Garage |
| LOT | 9314 acre(s) |
| LOT DESCRIPTION | Level |
| LOT DIMENSIONS | 9314.0 |
| PARKING | Attached, Covered |
| SEWER | Cesspool |
| SUBDIVISION | KONA MACADAMIA ACRES |
| TAXES | 10617.15 |
| UTILITIES | Cable Available, Electricity Available, Phone Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Forest, Garden, Mountain(s) |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with KW Big Island
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd.
active listings last updated on 7/31/26 1:15 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 7/31/26 1:15 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.