Discover the perfect blend of peaceful country living and exceptional investment potential in this desirable area of North Kona. Situated at an ideal elevation in a quiet neighborhood of one-acre properties with expansive ocean views, this 1.15-acre parcel offers a rare configuration featuring three separate living spaces, making it an outstanding income-generating property for long-term or short-term rentals or an ideal multi-generational compound. Main Upper Level: A bright, light-filled 3-bedroom + office, 2-bathroom home offering1,635 sq. ft. of comfortable living. Enjoy beautiful coastline and ocean views, an inviting living area featuring a cozy fireplace, and direct access to a wrap-around lanai perfect for sunset watching and wonderful outdoor dining. Two Additional Separate Living Spaces: the ground level was brilliantly finished in 2023 to create two 1-BR/1-BA separate living areas with private entries and 1-car garage space - perfect for generating reliable rental income with steady, long-term tenants. With the house set well back from the street, the property is well-maintained and offers a taste of island living with mature citrus and macadamia nut trees, with huge kukui trees creating a park-like setting above the house. Located on a lot subdivided before 1976, a second dwelling can be built on the property without Planning approval. Whether you want a gracious property where you can live upstairs and let the lower units offset the mortgage or you are looking to expand your investment portfolio with a premium, multi-unit income residence, this O'oma Place property is a must see! View Matterport 3D tour here: https://my. matterport.com/show/ ?m=u1s3wzVifbW & mls=1
Single-familyProperty Type
1978Year Built
1.15 acresLot Size
$512Price/Sq.Ft.
2 car garageParking
Listed by Marco Silva• Coldwell Banker Island Properties - Kona
Listed by Amber Lane• Coldwell Banker Island Properties - Kona
Ooma Ahupua`a, located between Kona International Airport and Kaloko-Honokōhau National Historical Park, is a coastal and upland Kalaoa neighborhood with lava-field terrain and wide ocean-facing horizons. The neighborhood’s character concentrates around Queen Kaʻahumanu Highway (HI-19) near the Kaloko Road junction, where roadside markets, coffee stops, and service storefronts meet steady island traffic. Pillars include Kona Brewing Co., the Kona Coffee Living History Farm, and the Huliheʻe Palace in nearby Kailua-Kona. Homes and small compounds sit on larger lots, often oriented to trade winds and sunset views. Daily life tracks mauka-to-makai drives, from dry forest edges to shoreline trails and fishpond sites. The setting reads spacious and elemental, with dark ʻaʻā flows framing pockets of greenery.
Provided by Walk Score and Local Logic
Offer insights
73-4481 Ooma Pl · $1,525,000
$1.52M and above
75% chance or better to win
Why $1.52M+ is a strong offer
DAYS ON MARKET
30 days
The average home goes pending in 102 days.
SALE-TO-LIST
97.2%
Most homes are selling 3% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Vaulted ceilings
Overhead door
Bedrooms
Office (listed as a room type)
Bathrooms
4 full bathrooms
Kitchen
Dishwasher
Range
Range hood
Refrigerator
Disposal
Laundry & utility
Washer and dryer (stacked)
Gas washer/dryer option
Dryer
Washer
Flooring
Ceramic tile
Vinyl
Heating & cooling
Zoned heating
Zoned cooling
Electric and solar water heater
Exterior features
Stone fencing
Grassy yard
Dead-end road access
Gentle slope topography
Road/street frontage
Home design
Double wall construction
Fee simple ownership
Property attached
Parking
Attached garage
2 garage spaces
Construction
Double wall construction (listed under design)
Utilities
Public water
Septic tank sewer
Electricity available
Cable available
Phone available
Solid waste disposal: None
Internet: Cable and wireless
HOA & community
No special assessment
No common area expenses
Other
Zoning: A-1A
Lava zone: 4
Not in use as a short-term vacation rental
No unpermitted improvements
Electricity and solar
View estimated energy costs and solar savings for this home
The A (agricultural) district provides for agricultural and very low density agriculturally-based residential use, encompassing rural areas of good to marginal agricultural and grazing land, forest land, game habitats, and areas where urbanization is not found to be appropriate. A-1a is an agricultural district with a minimum building site area of 1 acre.
Permitted uses
Include but are not limited to:
Agriculture
Equestrian facility
Greenhouse / nursery
Livestock production
Housing-Group
Housing-Single unit
Kennel
Veterinary clinic
Agriculture-Cropland
Agriculture-Pastureland
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
Fire Factor
We're working on getting current and accurate fire risk information for this home.
Heat Factor
We're working on getting current and accurate heat risk information for this home.
Wind Factor
We're working on getting current and accurate wind risk information for this home.
1/10 Air Factor
Minimal risk of unhealthy air over next 30 years
Provided by First Street
Historical weather
Kailua Kona, HI • 96740
Average low and high temperatures (°F)
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Redfin Estimate for 73-4481 Ooma Pl
$1,517,999
$7,001 under list price of $1.53M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $1.4M to $2.1M.