73-1102 Loloa Dr, KAILUA KONA, HI 96740

Property Description

Discover a rare opportunity to own a versatile Kona property offering ocean views, flexible living spaces, and exceptional income-producing potential. Conveniently located near beaches, shopping, dining, and outdoor recreation, this unique home combines privacy and island living with outstanding functionality. The upper level features an inviting open-concept design where the living room, dining area, and kitchen flow seamlessly together. Warm 3/4-inch solid bamboo flooring, abundant natural light, and expansive windows create a bright and welcoming atmosphere. Two bedrooms and one full bathroom are located on this level. An enclosed ocean-view lanai substantially expands the living area and has been thoughtfully configured into two separate spaces, providing flexibility for home offices, guest accommodations, fitness rooms, creative studios, or additional sleeping areas while enjoying stunning coastline views. The lower level offers incredible versatility with two additional rooms, a bathroom, and a separate exterior entrance. This flexible setup provides privacy and creates opportunities for extended family living, multigenerational arrangements, long-term rental income, or a private guest suite. The separation between the upper and lower portions enhances both livability and investment appeal. An enclosed garage provides valuable storage space and additional flexibility for a workshop, recreation room, hobby area, or future possibilities. Surrounded by mature tropical landscaping, the property offers a peaceful setting and a covered deck perfectly positioned to capture year-round sunsets, ocean breezes, and panoramic coastline views. With separate living areas, spectacular ocean views, and tremendous flexibility, this property presents a unique opportunity for homeowners and investors seeking a home with long-term value and income potential on the Kona Coast.