Kailua Kona - Beach Property For Sale #6807912

Perched above the crystal waters of He'eia Bay, *Kinohi at He'eia* is a rare coastal retreat in the heart of the historic Keauhou Resort district. This expansive two-story estate offers five bedrooms, three baths, and a separate studio guest house-comfortably sleeping up to 14 guests-making it ideal for multigenerational families, corporate retreats, or a high-performing vacation rental. The property also conveys with a transferable short-term vacation rental registration, a valuable asset in Kona's coastal market. Set on a lush half-acre, the grounds are graced with tropical landscaping, including ulu (breadfruit) and Samoan coconut trees, wide lawns for volleyball and outdoor games, and a double hammock overlooking the shoreline. The ocean-view pool and gazebo create a serene space to relax, entertain, and watch surfers below and, in season, migrating whales offshore. Originally built in 1970, the residence was fully demolished and rebuilt in 2017, blending modern finishes with the timeless warmth of Hawai'i. Indoor-outdoor living is effortless, with generous lanais, gathering spaces, and expansive ocean-facing windows capturing sunsets over He'eia Bay. For investors, the seller is offering a 25% co-ownership interest for $1,330,000, creating an opportunity for personal use and revenue in one of Kona's most desirable resort settings.