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75 5941 Walua Rd Unit 3

Kailua-Kona, HI 96740

2 beds
4 baths
2,344 sqft
10,209 sqft lot
$638 per sqft
1998 build

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Many possibilities with this 3 unit two-story duplex plus studio located in Kailua Kona near Ali'i Drive and Kuakini Highway. Unit 1: Just received the STVR permit for this unit which is transferrable to new owner. Two-car garage with stack washer and dryer. Newly remodeled living area, kitchen with new appliances with huge island on the second floor. 180 degree ocean view looking through the big glass doors to the lanai. It feels like a treehouse because you're high above the trees. The large primary bedroom and bathroom suite on the 3rd floor which has also been remodeled. Unit 2: Just received STVR permit which is transferrable to new owner. Living area, kitchen area, and lanai on the 2nd floor. Primary suite with full bathroom on the third floor all remodeled. Multiple storage closets and rooms throughout. Unit #3 The efficiency studio has been enclosed as a home for the owners mother, with a washer/dryer, and a full bathroom.Great opportunity to acquire this legal duplex in the middle of Kailua Kona town. This property is not currently used as a short-term vacation rental. However, short-term vacation rentals are an allowed use in commercial village zoning. Furnishings may be purchased separately for $25,000. The information herein may contain inaccuracies and is provided without warranty or guarantee of any kind. Agents & Buyers must independently verify any info they deem material or important to their purchase along with zoning and use confirmed with the State and County of Hawaii.

Listing courtesy of HISMLS / eXp Realty

Last checked: Checking… • Last updated Apr 15, 2025 •

MLS# 715048 —

The Building

Year Built:

1998
Design:

Double Wall, Remodeled, Wood Frame
Unit Number:

3
Roofed Area Units:

Square Feet
Exterior Area Units:

Square Feet

Interior

Flooring:

Carpet, Laminate, Vinyl
Levels:

Two
Living Area:

2,344 Sqft
Living Area Units:

Square Feet

Financial & Terms

Listing Terms:

1031 Exchange, Cash, Conventional, VA Loan
Buyer Financing:

1031
Ownership:

Full
Land Tenure:

Fee Simple

Location

Region:

North Kona
Unparsed Address:

75-5941 WALUA RD, #3, KAILUA-KONA, HI 96740
Longitude:

-155.98422253
Latitude:

19.62764662

The Property

Property Type:

Residential Income
Property Sub Type:

Triplex
Zoning:

CV-10
Lot Features:

Cleared, Interior Lot
Lot Size Area:

10,209 Sqft
Parcel Number:

3750170140000
Roads:

County, Paved
Road Frontage Type:

Road/Street
Topography:

Fairly Level
Fencing:

Stone
Elevation Units:

Feet
Flood Zone:

X
Lava Zone:

4
Waterfront:

false
Structures:

true
Agriculture Dedicated:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

$2,694
Tax Lot:

31-A-1

Beds

Bedrooms Total:

2

Baths

Bathrooms Full:

2
Bathrooms Half:

2
Bathrooms Total:

2
Bathrooms Total:

4

Utilities

Sewer:

Septic Tank
Utilities:

Cable Available, Electricity Available, Phone Available
Internet Access:

Cable, Wireless
Solid Waste Disposal:

County-No Charge

The Community

Subdivision Name:

Waiaha 1 St Puapuaanui 1 St
Association Fee Frequency:

Monthly
Common Area Expenses:

false
Pool:

false
Pets Allowed:

Yes

Parking

Parking Features:

Attached, Covered
Garage Spaces:

2.0
Garage Area Units:

Square Feet
Carport Area Units:

Square Feet

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
2/18/25 Feb 18, 2025	Sold	HISMLS	$1,496,500

Multifamily Sold on 2/18/2025

$1,496,500

Listing provided by broker:

Cindy Griffey

eXp Realty

8089373370

Newest listings in 96740

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Listing Courtesy of: HISMLS and eXp Realty.

© 2025 by Hawaii Information Service, Inc. All Rights Reserved. The information provided by Hawaiiinformation.com has been compiled and provided in conjunction with 3rd Party sources. This information has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.

75 5941 Walua Rd Unit 3

Kailua-Kona, HI 96740