Kona Bay Estates Homes with Fee Simple Land tenure

Welcome to Kona Bay Estates, a hidden gem nestled in the heart of Kailua-Kona, Hawaii. This picturesque neighborhood offers a unique blend of tropical paradise and modern living, making it an ideal location for those seeking serenity and community. With its stunning ocean views, lush landscapes, and gentle breezes, Kona Bay Estates embodies the essence of island life.

One of the standout features of this community is the availability of homes with Fee Simple land tenure. This means that homeowners enjoy complete ownership of their property, providing a sense of stability and freedom that is highly coveted in Hawaii. Imagine waking up each day to the sound of waves crashing against the shore and the vibrant colors of a Hawaiian sunrise from your own backyard!

Kona Bay Estates boasts a variety of architectural styles, from contemporary designs to charming island bungalows, ensuring that there’s a perfect home for everyone. The neighborhood is well-maintained and features beautifully landscaped common areas, creating a welcoming atmosphere for residents and visitors alike.

Living in Kona Bay Estates means you are just moments away from some of the best beaches, shopping, and dining that Kailua-Kona has to offer. Whether you’re exploring the local farmers' markets, enjoying fresh seafood at seaside restaurants, or indulging in water sports, there’s never a dull moment.

With its perfect blend of community spirit, breathtaking scenery, and the advantage of Fee Simple ownership, Kona Bay Estates is more than just a place to live—it’s a lifestyle. Discover your dream home in this enchanting neighborhood today!

Newest Kona Bay Estates Homes with Fee Simple Land tenure

$2,585,000

3 Beds ⋅ 3 Baths ⋅ 730280 MLS ⋅ ['Fee Simple'] Tenure

The essence of island living is HERE - in this beautiful, updated Kona Coast retreat featuring ocean views, spectacular sunsets, and the soothing sound of surf! Meticulously maintained and exceptionally well-appointed, this property is also an extremely successful short-term vacation rental boasting a 5-star rating with more than 80 glowing reviews. Thoughtfully designed with soaring ceilings, abundant natural light, and an open, airy floor plan, the home showcases lush tropical landscaping, swaying palms, and the fun of seamless indoor-outdoor living. Recent improvements include: new tile flooring and shower tile in the upstairs bath, refreshed interior paint, enhanced landscaping, repainted garage doors, and new glass in many windows and sliders. The kitchen's upgrades include a new KitchenAid gas range, dishwasher, and updated screen door. Other enhancements include a new bar refrigerator, BOTH fully owned solar water heater & photovoltaic systems for energy savings, and an electric vehicle charger in the garage. Stylish new furnishings add to the elevated experience. Grab your beach gear - a short walk leads to the neighborhood white sand beach and reef where honus, tropical fish, and seasonal whales are frequently spotted. Located in one of Kona’s most desirable, gated and 24/7 guarded, peaceful oceanfront neighborhoods, this residence offers the perfect balance of luxury, convenience and good times — just moments from Kona Town, Kailua Pier, dining, shopping, and world-famous beaches. Information herein, while deemed reliable, may contain inaccuracies, & is provided without warranty/guarantee of any kind. Agents & Buyers are advised to engage qualified specialists to verify information they deem material or important to the purchase of the property. Some of the images contained in this listing may be an artist's impression of what the property "might" look like, including digital photo modification and/or digital furniture staging.

75-5471 Kona Bay Dr, KAILUA KONA

Listing courtesy of Island Boutique Realty Inc..

$5,350,000

4 Beds ⋅ 5 Baths ⋅ 729953 MLS ⋅ ['Fee Simple'] Tenure

This oceanfront four-bedroom, four-bathroom residence within Kona Bay Estates offers 3,490 sq ft of interior living space on a 12,020 sq ft parcel. Designed by Lucky Bennett, the home reflects a deliberate alignment of architecture, climate, and coastline within a guard-gated community with 24-hour security, direct shoreline access, and proximity to Kailua Pier, Ali‘i Drive, and a nearby community park with pickleball courts. Set along a coastline historically associated with the Royal Compound of King Kamehameha I, the property is grounded in both cultural and geographic continuity. Just steps away, Keiki Beach/Queen Bath provides rare sandy, swimmable access. This oceanfront enclave includes only eight homes with direct sandy beach frontage, and the property features its own private sandy beach area. Designed for indoor-outdoor living, the open-concept layout allows a seamless transition between interior and covered lanais, where the two merge fluidly. The orientation captures both sunrise and sunset year-round, with expansive ocean views from the main living areas and multiple bedrooms. A true oceanfront dining area sits directly along the coastline. The home is arranged across multiple levels to maximize airflow, views, and natural light. A central courtyard anchors the design, featuring a shaded pool positioned beneath the main living structure, creating a naturally cooled environment that contrasts with the open ocean exposure. Interior features include koa wood cabinetry in the kitchen and bathrooms, and a primary suite with central air conditioning and two air-conditioned walk-in closets. Additional living spaces support flexible use and gatherings, with a layout designed for connection and flow. The oceanfront setting provides ongoing visibility of marine life, with whales and dolphins frequently observed offshore, integrated into the daily coastal experience.

75-5506 Kona Bay Dr, KAILUA KONA

Listing courtesy of COMPASS.

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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.