PHOTOS coming soon - Discover a rare gem in the heart of Kailua-Kona! Located just one block from the iconic oceanfront Ali‘i Drive, this exceptional condo offers the ultimate blend of island living and investment potential. Boasting an ocean view, community pool, hot tub, spacious BBQ common areas, and two dedicated parking spaces (one covered), this unit also includes two storage closets in the covered parking area—perfect for your beach and ocean gear. Once the developer's personal residence, this is the only 3-bedroom, 3-bathroom unit in Kailua Bay Resort. Uniquely versatile, the property can be enjoyed as a single 3-bedroom home or divided into two separate units: a 2-bedroom, 2-bathroom and a 1-bedroom, 1-bathroom, each with private entrances. This dual-use design is ideal for flexible living - maximizing income potential. A private gate connects directly to a nearby shopping center, offering convenient access to supermarkets, a drug store, bank, post office, and restaurants. Just steps from ocean activities and the vibrant scene of Kailua-Kona, this prime location makes it the perfect choice for an island getaway or an investment opportunity. This is an active licensed STVR - short term vacation rental - with excellent reviews. Buyer and Buyer's representatives to conduct all due diligence regarding Hawaii County STVR regulations and requirements.

Listing courtesy of HISMLS / Better Homes and Gardens Real Estate Island Lifestyle

Last checked: Checking… • Last updated Apr 9, 2025 • Source: HISMLS

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