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What $2.8M Buys You in Kailua-Kona: Inside a Luxury Ocean View Estate

What $2.8M Buys You in Kailua-Kona

If you’re considering investing in Big Island real estate, you might be wondering what $2.8 million buys you in Kailua-Kona. The answer? A refined, highly functional, and thoughtfully designed home that blends island luxury with long-term livability. Situated in the highly sought-after Iolani neighborhood, 76-853 N Pakalakala Pl is a standout listing that captures the very best of modern Hawaiian living.

What $2.8M Buys You in Kailua-Kona

A Home Designed for Elevated Island Living

Located at approximately 775 feet elevation, this single-level custom home offers cooler temperatures, consistent trade winds, and panoramic views that stretch from Keauhou to the Kailua Bay coastline. Built by the reputable Maryl Construction, the property spans over 2,230 square feet of interior living space, with a layout that prioritizes flow, function, and style.

Featuring three bedrooms, three bathrooms, and a dedicated home office, the home is ideal for both full-time island living and extended stays. The floor plan emphasizes privacy, seamless indoor-outdoor transitions, and open-concept living.

Ocean Views from Nearly Every Room

One of the home’s defining features is its sweeping ocean views, which can be enjoyed from nearly every room. Fleetwood pocket doors expand the living room directly onto the lanai, creating a unified space that’s ideal for entertaining or quiet evenings at home. The kitchen, dining, and great room are all oriented toward the coastline, while the primary suite offers direct lanai access and unobstructed views of the Pacific.

The exterior living areas are equally impressive. A fully covered lanai, outdoor kitchen, and saltwater infinity-edge pool make this home a destination in itself.

 What $2.8M Buys You in Kailua-Kona

Energy Efficiency Meets Modern Luxury

Beyond its architectural and aesthetic appeal, this home also delivers in sustainability and performance. A 34-panel photovoltaic system combined with two Tesla Powerwalls offers true energy efficiency and protection from rising utility costs. The irrigation system is catchment-ready, and the landscaped grounds are as functional as they are beautiful.

These features offer both peace of mind and long-term value—an increasingly important consideration for buyers in Hawaii.

Versatility for Work and Life

With a dedicated home office that overlooks the lush garden, this property is perfectly suited for remote work. The inclusion of a third bathroom and a guest suite also makes it well equipped for visiting family, rental potential, or multi-generational living.

The property’s private gated driveway and single-level layout add convenience, safety, and accessibility for all ages.

 What $2.8M Buys You in Kailua-Kona

Prime Location in Iolani

Iolani is one of Kailua-Kona’s most desirable subdivisions, known for its elevation, proximity to town, and quiet, residential feel. From this location, you’re just minutes from Ali‘i Drive, Keauhou Shopping Center, Magic Sands Beach, and the best local farmers markets.

While you’re close to the amenities and conveniences of Kona town, the home itself feels entirely private—a rare and valuable combination in West Hawaii real estate.

Exclusively Listed by Marco in Kona

This property is listed by Marco Silva, a top-producing real estate professional with deep expertise in Kona’s luxury home market. If you’re ready to explore this home in more detail, schedule a private tour or request a virtual walkthrough today.

View the full listing and request more information here.

Frequently Asked Questions

What is the elevation of 76-853 N Pakalakala Pl?
Approximately 775 feet above sea level, providing cooler temperatures and expansive views.

How many bedrooms and bathrooms does the home offer?
The property features three bedrooms, three bathrooms, and a dedicated office.

Is the home energy-efficient?
Yes. It includes a 34-panel solar photovoltaic system and two Tesla Powerwalls for reliable, cost-effective energy use.

Is there a pool on the property?
Yes. The home includes a saltwater infinity-edge pool with coastline views.

Can the home be used as a vacation rental?
It’s ideally suited for long-term living or extended stays. Buyers interested in short-term rental potential should confirm zoning and permit requirements with local authorities.

Is a virtual tour available?
Yes. You can request a private or virtual showing directly through the listing page here.