Hualalai Terrace Subdivision Real Estate

Welcome to Hualalai Terrace Subdivision, an enchanting community nestled in the heart of Kailua Kona, Hawaii. This picturesque neighborhood is a hidden gem that perfectly blends the island's natural beauty with a vibrant community spirit.

Hualalai Terrace offers residents a serene lifestyle, surrounded by lush landscapes and stunning ocean views. The subdivision is characterized by its charming single-family homes, each designed to harmonize with the tropical environment. Many properties boast spacious yards, perfect for outdoor living and entertaining, while others feature private lanais where you can soak in the breathtaking sunsets over the Pacific Ocean.

One of the standout features of living in Hualalai Terrace is its proximity to some of the best beaches and recreational spots in Kailua Kona. Residents enjoy easy access to pristine sands and crystal-clear waters, ideal for swimming, snorkeling, and surfing. For those who appreciate nature, the nearby Hualalai Mountain offers hiking trails that lead to awe-inspiring vistas and native flora.

The community is also conveniently located near local shops, restaurants, and farmers' markets, making it easy to embrace the laid-back island lifestyle. Whether you're savoring fresh poke at a local eatery or exploring vibrant art galleries, Kailua Kona has something for everyone.

With its warm climate, welcoming atmosphere, and breathtaking surroundings, Hualalai Terrace Subdivision is more than just a place to live; it’s a vibrant community where you can truly embrace the Hawaiian way of life. Come and discover your slice of paradise in this idyllic neighborhood!

Newest Listings in Hualalai Terrace Subdivision

$1,479,000

5 Beds ⋅ 3 Baths ⋅ 732398 MLS ⋅ ['Fee Simple'] Tenure

Spacious Multi-Generational Home with Spectacular Views on huge 20,000 sf lot! Experience the best of island living in this private, versatile home featuring breathtaking panoramic views, exceptional energy efficiency, and flexible living spaces ideal for extended family or rental income potential. Located in the "Goldilocks" elevation of 1650 feet, you can forget about air conditioning, it's perfect! Upstairs: The main living area offers 3 bedrooms and 2 bathrooms, highlighted by an amazing lanai with unbelievable views. Enjoy new acacia wood flooring, new quartz kitchen and bathroom countertops, gorgeous solid wood crown molding, and new light fixtures and ceiling fan in the living and dining areas. The home is partially furnished. The kitchen features stainless steel appliances, including a dishwasher, wine cooler, refrigerator, oven/range, microwave, vent hood, and disposal. The home is equipped with a 44-panel Prepaid photovoltaic system with warranty and two new Tesla batteries, with a monthly payment of just $121, providing outstanding energy savings and peace of mind. Downstairs: With its own separate entrance, the lower level offers outstanding rental income or multi-generational living potential. It includes 2 large bedrooms, 1 bathroom, a kitchenette with dishwasher, microwave, refrigerator, beverage cooler, and disposal, beautiful acacia wood and VCT flooring, a spacious office or optional 6th bedroom, and a utility room with washer and dryer. Outdoor Features: The beautifully landscaped front yard is framed by stunning rock walls and is truly a gardener's dream. Enjoy relaxing or entertaining in the gazebo, with the added convenience of an additional storage shed. This exceptional property combines stunning views, quality upgrades, energy-efficient features, and flexible living options to create the perfect place to call home.

73-1412 Ili Ili Pl, KAILUA KONA

Listing courtesy of Hawaii Estates LLC.

$825,000

5 Beds ⋅ 3 Baths ⋅ 723525 MLS ⋅ ['Fee Simple'] Tenure

Excellent Opportunity to restore this Gem of a property in a Fine Kona Neighborhood. This 4 bedroom 2 bath home boasts a spacious 2296-sf floor plan with an adjoining 1 bedroom, 1 bath, cozy living area & kitchette, with its separate entry, which could ideally serve as a private mother-in-laws quarters, for visting guests or multi-generational family. This is a Probate Sale and the sale of the property may be subject to Court Approval. DEADLINE FOR ALL OFFERS SHALL BE AT 1:00 PM ON AUGUST 11, 2026

73-1403 Iliili Pl, KAILUA KONA

Listing courtesy of Iokua Real Estate.

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Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.