78-6649 ALII DR Kailua Kona, HI 96740

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This rare offering includes three contiguous properties located on the mauka side of Alii Drive just a short walk from iconic Kahaluu Beach and surf break. The properties are all favorably zoned V-1.25: Resort-Hotel District whereby Short Term Vacation Rentals are permissible:-(1) TMK#3-7-8-14-10 is 4, 348 sqft in area and fronts Alii Drive. Located on this parcel is Kahaluu Apartments a two story apartment building comprised of 4 units. Each unit has a generous sized living area of 600sqft containing 2 bedrooms/1.5 bathrooms together with exterior covered west facing lanais. Ocean ocean views can be enjoyed from the two upper units.(2) TMK#3-7-8-14-9 is 10, 125 sqft in area and has Alii Drive frontage. On this parcel is a 3 bedroom 3 bath house set well back from Alii Drive.(3) TMK#3-7-8-14-20 is 4, 648 sqft in area and has easement access from Alii Drive. This parcel is a vacant lot.This offering offers serious consideration for residents, investors and developers alike. Property to be sold as one Estate and not individually.Video of Kahaluu Apartments: https://vimeo.com/902800395/716e79a90f?share=copyVideo of the Residential Property: https://vimeo.com/902611406/32353eea28?share=copy