88-1584 PAPIO DR

PREVIOUSLY SUCCESSFUL VACATION HOSTED RENTAL | MULTI-DWELLING LAYOUT | INCOME POTENTIAL

Perched above the rugged coastline of Papa Bay Estates, this rare 3.59-acre South Kona property offers sweeping ocean, horizon, and sunset views--along with proven income performance and exceptional flexibility.

Previously operated as a successful vacation hosted rental, the home is ideally suited for continued short-term rental use (where permitted), long-term rental income, multigenerational living, or a combination of both. With over 4,000 sq ft under roof, the layout naturally supports multiple independent living spaces while maintaining privacy throughout.

The main residence features a spacious 3-bedroom, 2-bath floor plan with generous living areas and a large covered lanai, partially screened to capture ocean breezes and Kona sunsets. Upstairs includes a separate 2-bedroom, 1-bath living area. The lower level offers a private 1-bedroom, 1-bath suite with kitchenette area, storage, workshop space, and an approximately 700 sq ft bonus room--ideal for a studio, gym, office, or additional rental configuration. Washer/dryer hookups on both levels enhance the home's multi-living functionality.

Recent improvements include new flooring, fresh interior and exterior paint, a brand-new catchment tank, and multiple system upgrades, making the property move-in ready with solid infrastructure in place.

Set back from the road on an end lot, the home enjoys exceptional privacy within Papa Bay Estates--an extremely desirable and rarely available coastal community. Residents enjoy exclusive access to a private beach and camping area (4x4 access), offering a rare opportunity to experience Hawai'i's rugged coastline just minutes from home.

A versatile coastal property offering acreage, views, privacy, and income potential in one of South Kona's most sought-after enclaves.

For Sale