Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
6 Beds
4 Baths
2,068 sqft

$999,900

74-5042 PALANI RD, Kailua Kona HI, 96740

Price per sqft$483.51
Built in1980
Property size2,068 sqft
Property typeResidential

Overview

Under contract

C

Listed Jul 31, 2026

Updated Aug 9

One large home split into (2) separate 3 bedrooms 2 bath living spaces or easily converted back to a large 6-bedroom, 4-bath single-family house. Completely renovated in 2021, this property will come with solid hosted vacation rental history and 4.9-star average Airbnb reviews. - Centrally located 5-minute drive to downtown Kona and beaches - 2024 gross- $60,500, 2025 Gross $53,700, 2026 current gross- $35,300 on front house ONLY. - Plenty of parking for 4 cars. 2 under the carport. Wide driveway to turn around before leaving the property. - Back Lanai has over 300 sqft. undercover with bbq area, extra seating, and optional lighting choices. - Front Lanai has over 400sqft and is covered by a louvered Pergola. A ceiling fan, USB ports, BBQ, and optional lighting make this a popular outside seating and dining area. - Fenced grassy yard complete with producing mango trees - Perfect 900ft elevation - Newer metal roof with special underlayment onto plywood with extra insulation and reflective heat barrier in attic keeps interior temps cool. - Over 2,000+ sqft of living area, plus 700 sqft of lanais, all on one level. No steps other than 5 leading to the backyard. Oversized lot for the neighborhood. - Seller-owned 36-panel photovoltaic system on NET metering. 10 years old with a 30-year warranty. Submeter for monitoring usage. - Brand new seamless gutters - 2 Large storage Sheds - Large walk-in tiled shower in back primary bedroom - 2 Primary bedrooms with private bathrooms - Low-maintenance granite and marble flooring - Massive back lanai perfect for morning coffee and enjoying your privacy - Rockwall and natural privacy fencing Buyer should independently research current and proposed STVR/TAR rules and regulations before purchasing

$6,652/mo

Est. mortgage payment based on a $999,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
732389

Interior Features

Bedrooms
6
Bathrooms
4
Cooling
Yes
Basement
No

Exterior Features

Lot Size
0.21 Acres

Other Property Details

Taxes
$10,617
Tax Frequency
Annually
Association Fee Frequency
Monthly
Garage
Yes
View
Yes

 

Courtesy of KW Big Island, Samuel Schaus

Listing Contact: 8088968125 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Lailan Bento shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

On this page, not only will you see properties represented by Samuel Schaus, you may also see properties represented by other members of Hawaii Information Service.

©2026 Hawaii Information Service. All rights reserved.

Data last updated 4:59 PM UTC, 9/30/2026

Powered by Luxury Presence