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Marco In Kona/ Active Properties/ North Kona
Active · MLS 731643

Ooma Place
Compound

Ocean Views, an Orchard, and Three Separate Living Spaces

73-4481 Ooma Pl · Kailua-Kona, HI 96740

$1,525,000
Bedrooms
5
Bathrooms
4
Interior
2,977sf
Land
1.15acres
Built
1978
Garage
2car
Schedule a Showing See the Photos

About This Property

Country
Living,
Three Doors

A 1.15-acre parcel in a quiet North Kona neighborhood of roughly one-acre lots, set well back from the street, with coastline views from the lanai and three genuinely separate living spaces under one roof.

The upper level is the main home: three bedrooms, an office, and two full baths across roughly 1,635 square feet. The living room runs under a vaulted wood ceiling with a lava rock fireplace at one end, and sliding doors open along two walls onto a wrap-around covered lanai. That lanai is where the property makes its case. It looks over the treetops to the coastline, it catches the trades, and it holds a full dining table with room to spare.

The kitchen is a galley with sage cabinetry, a long breakfast bar, and a window over the sink facing the back lawn. It opens to a dining area that sits between the kitchen and the living room, so the whole upper floor reads as one connected space rather than a series of closed rooms.

The ground level is the part that makes this unusual. It was finished in 2023 as two separate one-bedroom, one-bath living areas, each with its own private entry and garage space. Both have full kitchens, walk-in tiled showers, and their own laundry arrangements, and neither shares a wall with the main living area upstairs. For a Buyer, that means the property can work three different ways: live upstairs and let the two lower units carry a meaningful share of the mortgage, house extended family without anyone living on top of each other, or hold the whole parcel as a multi-unit income property.

Outside, the land is doing real work. Mature citrus and macadamia nut trees run along the slope, large kukui trees shade the upper lawn, and lava rock walls terrace the grade around the house. The lot was subdivided before 1976, which under current County rules opens the door to building a second dwelling on the parcel. Any Buyer should confirm that with the County of Hawaiʻi Planning Department as part of due diligence, but it is a rare piece of flexibility on a property this size.

Three separate living spaces  ·  1.15 acres in North Kona  ·  Ground level finished in 2023

What Sets It Apart

One Parcel,
Three Uses

Most homes in this price band on the Big Island are one house on one lot. This one is a main residence, two finished rental units, and a piece of land with room to add a second dwelling. Those three things do not usually arrive together.

One

Three Separate Doors

The main level upstairs, plus two one-bedroom, one-bath living areas on the ground floor. Each of the lower units has a private entry and its own garage space, so nobody walks through anyone else’s home to get to their own.

Two

Finished in 2023

The ground level was built out recently, not converted piecemeal over the years. Full kitchens with dishwashers and gas ranges, wide-plank floors, tiled walk-in showers, and split-system air conditioning. It shows as new because it largely is.

Three

A Pre-1976 Lot

Because the parcel was subdivided before 1976, current County rules contemplate a second dwelling on the property. That is a meaningful piece of optionality on 1.15 acres, and worth confirming with the Planning Department during due diligence.

Specifications

What Comes With It

Main Upper Level

  • Three bedrooms plus a dedicated office
  • Two full bathrooms
  • Approximately 1,635 sq ft
  • Vaulted wood-beam ceiling
  • Lava rock fireplace
  • Galley kitchen with breakfast bar
  • Wrap-around covered lanai
  • Louvered windows and ceiling fans
  • Coastline and ocean views

The Two Lower Units

  • Two 1-bedroom, 1-bath living areas
  • Built out in 2023
  • Private entry for each
  • One-car garage space each
  • Full kitchens with dishwashers
  • Tiled walk-in showers
  • Wide-plank and tile flooring
  • Split-system air conditioning

Land & Orchard

  • 1.15 acres, park-like setting
  • Mature citrus trees
  • Macadamia nut trees
  • Large kukui trees
  • Level lawn on two terraces
  • Lava rock retaining walls
  • House set well back from the street
  • Circular driveway with ample parking

Property Facts

  • 5 bedrooms, 4 bathrooms
  • 2,977 sq ft of interior space
  • Built 1978
  • Two-car garage
  • North Kona district
  • Lot subdivided before 1976
  • MLS 731643
  • Offered at $1,525,000

The Ground Level

Two Homes
Under the Main
One

The ground floor was finished in 2023 as two independent one-bedroom, one-bath living areas. Each has a private entrance off the covered parking, a full kitchen with a dishwasher, a tiled walk-in shower, and its own split-system air conditioning. They are quiet, separate, and finished to a standard that holds long-term tenants rather than needing constant attention.

For a Buyer, the arithmetic is the point. Living upstairs while two tenancies run below changes what the monthly carrying cost of a Kona property actually looks like.

  • Two 1-bedroom, 1-bath units with private entries
  • Full kitchens, dishwashers, gas range
  • One garage space per unit
  • Built out in 2023, not converted piecemeal

Matterport

Walk It Yourself

The full three-dimensional tour covers the main level and both ground-floor living spaces, so you can see for yourself how the three parts of the house relate to each other before you ever get on a plane.

Tour hosted by Matterport · open in a new tab

The Setting

North Kona

Ooma Place sits in a pocket of roughly one-acre parcels in North Kona, mauka of the highway and above the coastal plain. The elevation makes a real difference here. Mornings are cooler than they are down at the water, the trades move through the house, and the surrounding land is green rather than lava rock and kiawe.

It is a quiet, established stretch of neighborhood where the lots are large enough that houses sit apart from each other, and it stays within a short drive of Kailua-Kona town, the Kona Coast beaches, and the Ellison Onizuka Kona International Airport. For Buyers weighing Big Island real estate that needs to work as both a home and an income property, this part of North Kona offers land and privacy at a price the oceanfront stretches cannot match.

  • DistrictNorth Kona
  • NeighborhoodOoma Place, Kailua-Kona
  • Land1.15 Acres
  • Interior2,977 Sq Ft
  • Year Built1978
  • MLS Number731643

Kailua-Kona, HI 96740

73-4481 Ooma Pl

Open in Maps

Questions

About This Property

It is a 1.15-acre property in North Kona, Kailua-Kona, offered at $1,525,000. The house holds 2,977 square feet across three separate living spaces: a three-bedroom, two-bath main level with an office, and two one-bedroom, one-bath living areas on the ground floor. Five bedrooms and four bathrooms in total, built in 1978 with the ground level finished in 2023.
The main home occupies the upper level, roughly 1,635 square feet with three bedrooms, an office, two full baths, and a wrap-around covered lanai. The ground floor holds two independent one-bedroom, one-bath living areas, each with a private entry, a full kitchen, a tiled walk-in shower, and a one-car garage space. The lower units do not share access with the main level.
The parcel was subdivided before 1976, which under current County of Hawaiʻi rules generally allows an additional dwelling without going through the Planning approval process that a newer lot would require. Any Buyer should verify the specifics with the County Planning Department during due diligence, since rules and lot-specific conditions vary.
The two ground-level units were built out in 2023 for long-term tenancy, with private entries, full kitchens, and their own parking. A Buyer can live upstairs and rent the lower units, house family in them, or hold the whole parcel as a multi-unit income property. Marco can walk you through what comparable long-term rentals in North Kona are currently achieving, and Buyers should confirm County requirements for any rental use.
Ooma Place is a quiet street of roughly one-acre parcels, mauka of the highway and above the coastal plain. The elevation brings cooler mornings and steady trade winds, and the land here is green and planted rather than open lava. Kailua-Kona town, the Kona Coast beaches, and the Kona airport are all a short drive.
Contact Marco A. Silva directly at 808.557.8921 or Marco@KonaLuxuryRealEstate.com. Marco is a Coldwell Banker Global Luxury specialist and REALM member representing Buyers and Sellers across Kailua-Kona, Holualoa, Keauhou, and the Kohala Coast.

Private Showings

See All Three
in Person

Photographs undersell how separate the three living spaces really are. Marco would be glad to walk you through the main level, both lower units, and the land, and to talk through what the numbers look like.

Schedule a Showing View All Active Listings
Marco A. Silva · R(B) · RB 20599 808.557.8921 Marco@KonaLuxuryRealEstate.com

Listing by: Coldwell Banker Island Properties, Kona

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HIS data last updated at August 27, 2026, 7:00 PM HAST · Real Estate IDX Powered by iHomefinder