Kailua Kona Homes for Sale | Ocean View & Luxury Listings (2025)

Are you in search of your dream Kailua-Kona home? Browse property listings featuring condos, single-family homes, & luxury houses for sale.

Living in Kailua-Kona

Kailua-Kona boasts vibrant sunsets, pristine beaches, and a laid-back island lifestyle that converge to create the perfect haven for home buyers seeking tranquility and natural beauty. From stunning beachfront estates and luxury condos to charming single-family homes nestled in lush tropical landscapes. Whether you desire ocean views, golf course access, or a close-knit community, Kailua Kona has the perfect residential property to call your dream home or next vacation property.

Kailua-Kona Homes for Sale

Swimming pool with a fountain, palm trees, and an ocean view.
For Sale
MLS® 733717

$2,665,000

76-832 KALANA IO PL, Kailua Kona, HI 96740
3 Beds 3 Baths 2,514 Sq.Ft.
For Sale
MLS® 734009

$579,000

75-6081 ALII DR OO104, Kailua Kona, HI 96740
3 Beds 2 Baths 976 Sq.Ft.
For Sale
MLS® 733946

$889,000

78-261 MANUKAI ST 104, Kailua - Kona, HI 96740
2 Beds 2 Baths 1,412 Sq.Ft.
For Sale
MLS® 733575

$725,000

76-422 KANAKA ST 38A, Kailua Kona, HI 96740
2 Beds 2 Baths 810 Sq.Ft.
For Sale
MLS® 733878

$589,000

78-261 MANUKAI ST 401, Kailua Kona, HI 96740
1 Bed 1 Bath 1,016 Sq.Ft.
For Sale
MLS® 733407

$950,000

77-6488 MAILE ST, Kailua - Kona, HI 96740
5 Beds 3 Baths 2,333 Sq.Ft.
For Sale
MLS® 733673

$409,900

73-1536-B HAO WAY, Kailua Kona, HI 96740
3 Beds 2 Baths 1,056 Sq.Ft.
For Sale
MLS® 733536

$1,750,000

78-6957 KAMEHAMEHA III RD B1, Kailua Kona, HI 96740
4 Beds 3 Baths 1,990 Sq.Ft.
For Sale
MLS® 732406

$559,410

78-7030 ALII DR 307, Kailua Kona, HI 96740
2 Beds 2 Baths 895 Sq.Ft.
For Sale
MLS® 732901

$1,250,000

75-679 PAAI PL, Kailua Kona, HI 96740
2 Beds 2.25 Baths 1,770 Sq.Ft.
For Sale
MLS® 732830

$749,000

78-6920 ALII DR 227, Kailua Kona, HI 96740
2 Beds 2 Baths 1,000 Sq.Ft.
For Sale
MLS® 732056

$947,000

78-6920 ALII DR 125, Kailua Kona, HI 96740
2 Beds 2 Baths 1,106 Sq.Ft.

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Map of Kailua-Kona Homes for Sale

For Sale
Under Contract
Active Under Contract
Coming Soon
Swimming pool with a fountain, palm trees, and an ocean view.
For Sale
FEATURED LISTING
$2,665,000
76-832 KALANA IO PL
76-832 KALANA IO PL, Kailua Kona, HI 96740
3 BD 3 BA 2,514 Sq.Ft.
learn more
Single-story home beside a rectangular backyard pool, with a paved deck, lounge chairs, and tropical landscaping.
For Sale
FEATURED LISTING
$1,695,000
77-201 HOOKAANA ST
77-201 HOOKAANA ST, Kailua Kona, HI 96740
3 BD 2 BA 1,657 Sq.Ft.
learn more
Coastal Kailua-Kona condo complex beside a golf course, with the Pacific Ocean beyond.
For Sale
FEATURED LISTING
$647,000
78-7070 KEAUHOU PUNAHELE II E203
78-7070 KEAUHOU PUNAHELE II E203, Kailua Kona, HI 96740
2 BD 2 BA 1,197 Sq.Ft.
learn more
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Explore North Kona Real Estate

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Kailua-Kona Real Estate Blogs

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West Hawaii Coastal Real Estate Directory

Kailua-Kona Waterfront Homes for Sale & Oceanfront Estates

Kona Waterfront Homes: Direct Answer

Kailua-Kona waterfront homes for sale span premier oceanfront enclaves along Alii Drive, Keauhou, Holualoa slopes, and private resort communities like Hualalai and Kukio. Prices range from $1,800,000 for coastal single-family homes to over $15,000,000 for private oceanfront compounds. Purchasing requires evaluating Hawaii Special Management Area (SMA) shoreline setback rules, lava hazard zones (Zone 4), and Short-Term Vacation Rental (STVR) zoning eligibility.

Searching for Oceanfront Real Estate in West Hawaii?

Search Kailua-Kona Waterfront Homes vs. Consult Kristina Vaughn-Hazard

Explore exclusive waterfront listings, oceanfront estates, and coastal condo communities with expert guidance from Big Island Realtor Kristina Vaughn-Hazard. Select your path below:

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Unrivaled Oceanfront Luxury

Panoramic Pacific Views & Year-Round Coastal Living

Kailua-Kona's Gold Coast offers some of the most coveted oceanfront properties in the Hawaiian Islands. From historic Alii Drive estates featuring private tide pools and whale watching to gated resort compounds with private golf access, Kona waterfront real estate blends natural grandeur with lasting investment security.

Primary Waterfront Acquisition Pillars

4 Pillars of Kona Waterfront Real Estate

PILLAR 01 | LOCATION & SHORELINE

1. Alii Drive & Keauhou Corridors

Direct shoreline access, tide pools, and oceanfront lanai living along Alii Drive and Keauhou Bay, minutes from dining and harbor activities.

PILLAR 02 | ZONING & STVR PERMITS

2. Vacation Rental Eligibility

Navigating Hawaii County Short-Term Vacation Rental (STVR) zoning regulations and Non-Conforming Use Certificates (NUC) to maximize rental yield.

PILLAR 03 | SHORELINE PERMITTING

3. Special Management Area (SMA)

Understanding state SMA boundary rules, environmental setbacks, and seawall maintenance requirements for coastal construction and remodeling.

PILLAR 04 | RESORT & GATED COMMUNITIES

4. Kukio & Hualalai Estates

Ultra-luxury gated resort compounds featuring Tom Fazio / Jack Nicklaus golf courses, private beach clubs, and 24/7 manned security checkpoints.

Data Extraction Matrix

Kona Waterfront Submarket Comparison Matrix

Waterfront Submarket

Typical Price Range

Property Type & Lot Size

STVR Permit Availability

Primary Lifestyle Highlight

Alii Drive Oceanfront

$1,800,000 to $5,000,000

Single-family coastal homes & oceanfront condos

Eligible in V-Resort & NUC-certified properties

Direct ocean access, tide pools, sunset views & walkability

Keauhou Bay & Resort Area

$2,200,000 to $7,500,000

Luxury golf & waterfront single-family estates

High density of resort-zoned STVR properties

Keauhou Bay boating, paddling, golf & quiet coastal luxury

Kukio & Maniniowali

$8,000,000 to $25,000,000+

Custom ultra-luxury compounds (0.75-2.0+ acres)

Restricted to long-term / private residential use

Private beach club, Tom Fazio golf, 24/7 security & privacy

Hualalai Resort Waterfront

$6,000,000 to $20,000,000+

Resort villas & custom oceanfront homes

Permitted via Four Seasons Hualalai rental program

Four Seasons amenities, Jack Nicklaus golf & ocean lanai living

Sources: Hawaii Information Service (HIS) MLS, Hawaii County Planning Department, Hawaii Department of Land and Natural Resources (DLNR).

Navigating Alii Drive, Keauhou, and Resort Waterfront Properties

Kailua-Kona's waterfront real estate market spans distinct coastal corridors. Along Alii Drive, single-family homes and oceanfront condos offer direct Pacific access, where residents enjoy year-round sunsets, dolphin sightings, and snorkeling right from their back lanai. Moving south, Keauhou Bay provides protected harbor access for paddleboarding and sport fishing.

For buyers seeking ultra-luxury privacy, gated resort communities north of town-including Hualalai Resort and Kukio-feature custom architectural compounds set along dramatic black lava fields and white sand beaches, complete with private club memberships.

Key Coastal Regulations & Building Guidelines

  • Special Management Area (SMA): Coastal construction requires DLNR and Hawaii County SMA permits for improvements within 40-foot shoreline setbacks.
  • Lava Hazard Classification: Kailua-Kona waterfront parcels sit within stable Lava Zone 4 lines.
  • Short-Term Vacation Rental (STVR) Rules: Unhosted vacation rentals are strictly regulated and restricted to V-Resort zoning or properties holding non-conforming use certificates.

Oceanfront Due Diligence and Expert Local Guidance

Acquiring a waterfront asset on the Big Island involves specialized due diligence. Evaluating seawall integrity, salt-air material durability, shoreline survey certifications, and property carrying costs (such as flood insurance and Hawaii's low 0.28% owner-occupant property tax) protects your long-term equity.

Whether searching for a primary oceanfront residence or an STVR-eligible investment, working with a dedicated West Hawaii specialist ensures a seamless transaction. Explore active Kailua-Kona homes for sale or contact Kristina Vaughn-Hazard today for a confidential consultation.

Related Kona HI Waterfront & Real Estate Guides Kailua-Kona Condos & STVR Directory Real Cost of Living in Kona Guide Moving to Kona Relocation Guide Vacation Home Tax Deductions Guide Staging & Selling Beachfront Assets

Common Inquiries

Frequently Asked Questions

What is the price range for waterfront homes in Kailua-Kona, Hawaii?

Waterfront single-family homes along Alii Drive typically range from $1,800,000 to $5,000,000, while ultra-luxury estates in gated resort enclaves like Kukio and Hualalai range from $8,000,000 to $25,000,000+.

Can I operate a waterfront home in Kona as a short-term vacation rental (STVR)?

Only if the property is zoned V-Resort or holds an existing, active Non-Conforming Use Certificate (NUC) from Hawaii County. Single-family homes in RS zoning generally restrict rentals to 30-day minimum stays.

What is a Special Management Area (SMA) permit in Hawaii?

The Special Management Area (SMA) is a coastal zone regulated by Hawaii County and the DLNR to protect oceanfront resources. Any building, remodeling, or seawall work within the SMA boundary requires specialized permits.

What lava hazard zone is Kailua-Kona waterfront real estate in?

Waterfront properties in Kailua-Kona proper sit within Lava Hazard Zone 4, which offers favorable insurance rates and stable geological boundaries.

How do I contact Kristina Vaughn-Hazard for waterfront real estate in Kona?

Contact Kristina Vaughn-Hazard at Compass Real Estate in Kailua-Kona, HI to discuss available oceanfront listings and private off-market properties.

Kristina Vaughn-Hazard Real Estate | West Hawaii Luxury Specialist

Kristina Vaughn-Hazard is a premier Compass agent representing buyers, sellers, and investors across Kailua-Kona, Holualoa, Keauhou, and the Kohala Coast.

Interested in Kailua-Kona waterfront real estate? Connect with Kristina Vaughn-Hazard to schedule a private oceanfront tour.

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Kris Hazard

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(808) 313-1038

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