74-5042 Palani Road

Kailua HI 96740

2068 sq. ft.

9314 sq. ft.

Single-Family

Last sold for $1,050,000

Samuel Schaus, last sold this property on 15 October 2026 after 76 days on market.

Overview

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

Features

6 bedrooms

4 bathrooms

2 carspaces

2 carport spaces

2068 sq. ft. floor area

9314 sq. ft. lot size

Single-Family

Estimated Value

Based on this property and similar 6 bedroom single-family properties sold in Kailua over the last 12 months, the estimated median property value of 74-5042 Palani Road is $16.35m.

Median value

$16.35m

Estimated value range

$1.05m - $38.25m

Median days on market

237

Estimated value trend

319%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Kailua. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.