6 Beds
4 Baths
3,356 SqFt
6 Beds
4 Baths
3,356 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 3,356 sqft
Price per Sqft $446
Subdivision Kona Heights Subdivision
MLS Listing ID 732456
Bedrooms 6
Full Baths 4
HOA Y/N No
Year Built 1978
Annual Tax Amount $10,491
Tax Year 2026
Lot Size 9,004 Sqft
Property Sub-Type Single Family Residence
Source Hawaii Information Service
Land Area 9004
Property Description
Currently operating as an income-producing rental, the property is set up as three separate living spaces with a total of 6 beds and 4 baths.
• UNIT A | UPPER LEVEL: 3 bedrooms, 2 bathrooms, spacious living area, full kitchen, and dedicated laundry room. Ocean views can be enjoyed from the living room and all three bedrooms. The primary bedroom includes its own private bathroom.
• UNIT B | LOWER LEVEL: 2 bedrooms, 1 bathroom, full kitchen, and separate living room.
• UNIT C | LOWER LEVEL: 1 bedroom, 1 bathroom, kitchenette, and separate living room.
The property also includes a second laundry room and a 2-car garage, providing additional storage and convenience.
The sellers have invested significantly in the property, including a brand-new roof and conversion from a cesspool to a fully permitted 1,250-gallon septic system. Other improvements include new vinyl windows, remodeled kitchens and bathrooms, updated cabinetry and countertops, new LVP flooring, upgraded electrical, an added laundry room, seamless gutters, fencing, exterior paint, paver walkways, landscaping, custom window treatments, and more.
For an investor, three living spaces create multiple sources of rental income from one property. For an owner-occupant, live in one and rent the others to help offset ownership costs. For extended family, the separate kitchens, living rooms, bedrooms, and bathrooms provide the ability to live together while maintaining privacy.
With the major improvements already completed and multiple ways to use the property, 75-5777 Milena Place offers an opportunity that's hard to duplicate, just minutes from downtown Kailua-Kona.
Location
State HI
County Hawaii Island (big Island)
Community Kona Heights Subdivision
Area Hi
Zoning A-5A
Region North Kona
City Region North Kona
Interior
Flooring Carpet, Vinyl
Exterior
Parking Features Covered, Other
Garage Spaces 2.0
Utilities Available Cable Available, Electricity Available, Phone Available
View Y/N No
Topography Fairly Level,Gentle Slope
Garage Yes
Private Pool No
Building
Lot Description Cul-De-Sac, Dead End, Grassy
Entry Level Two
Sewer Septic Tank
Others
Ownership Full
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition Fee Simple, Standard
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