73-1218 Melomelo St, Kailua Kona, HI

$1,180,000

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4

Beds

3

Baths

2,157

Square feet

0.23

Acres

About 73-1218 Melomelo St

Rare Opportunity to acquire this highly desirable fully furnished home offering ocean, coastline, harbor, and sunset views along with an outstanding income-producing opportunity. Located on a quiet side street on Melomelo St. with virtually no road noise, this versatile property features two completely separate living spaces, making it ideal for extended family, multi-generational living, or exceptional long-term rental income. Upper Level: The upper level showcases a 3-bedroom, 2-bathroom layout with an open-concept design filled with natural light, vaulted ceilings, and a spacious covered lanai perfectly positioned to capture Kona's incredible sunsets and ocean views. Zoned split A/C systems in all three bedrooms ensure cool, comfortable sleeping spaces. Lower Level: The lower level is entirely self-contained and fully air-conditioned with its own split A/C units. This space functions as a separated 1-bedroom, 1-bathroom, & features its own private entrance, an expansive covered lanai, a full living area, and a highly functional kitchenette equipped with a refrigerator, dishwasher, and freestanding kitchen island. It also boasts a large, private flex room with its own split A/C and window: perfect for a home office, walk-in pantry/laundry room, or as you see fit! A truly remarkable 4 bedroom, 3 bath home that's loaded with upgrades. 2 separate washer and dryer sets, new roof installed in 2023 & a spacious two-car garage. Outside, enjoy a fully fenced backyard with mature tropical landscaping, offering privacy and room to relax or entertain. Properties with this level of versatility and proven performance are rarely available. With an amazing rental history, two independent living spaces, expansive lanais on both levels, & a prime location just minutes from beaches, shopping, dining, Kona Airport, & Honokōhau Harbor. An exceptional opportunity for both investors and owner-occupants seeking the very best of Kona living.

Features of 73-1218 Melomelo St

MLS® # 731370
Price $1,180,000
Bedrooms 4
Bathrooms 3.00
Full Baths 3
Square Footage 2,157
Acres 0.23
Year Built 1988
Type Residential
Sub-Type Single Family Residence
Status Closed
Sold Price $1,180,000

Community Information

Address 73-1218 Melomelo St
Subdivision KONA PALISADES
City Kailua Kona
State HI
Zip Code 96740

Amenities

Parking Attached, Covered
View Coastline, Ocean, Ocean Horizon, Sunset
Is Waterfront No
Has Pool No

Interior

Interior Features Enclosed Lanai, High Ceilings
Appliances Convection Oven, Dishwasher, Disposal, Dryer, Freezer, Induction Cooktop, Microwave, Oven, Range, Range Hood, Refrigerator, Washer, Washer/Dryer Stacked
Heating Zoned
Cooling Air Conditioning, Zoned

Exterior

Lot Description Grassy
Construction Double Wall, Wood Frame

Additional Information

Date Listed June 29th, 2026
Days on Market 63
Zoning A-5A
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 10
HOA Fees Freq. Monthly

Listing Details

OfficeKnutson & Associates

Listing Map

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