77-122 LAALOA AVE # Kailua-Kona HI 96740

Rare opportunity to restore and reimagine this spacious fixer-upper offering exceptional square footage, ocean views, and one of the largest lots in the subdivision. Situated on a 15,073 sq ft corner lot, this property features a flexible multi-level layout with excellent potential for customization or expansion. The top floor offers approximately 2,100 sq ft of living space with 4 bedrooms and 2 bathrooms. Three bedrooms exceed 152 sq ft, including the primary bedroom at approximately 172 sq ft, complete with an ensuite bathroom and walk-in closet. The home features a generously sized living room (~480 sq ft) with large sliding glass doors opening to the lanai on the ocean side of the property, as well as a separate family/dining room (~323 sq ft) with two additional sliding doors leading to the wraparound lanai. Enjoy indoor-outdoor living with a wraparound lanai totaling approximately 752 sq ft, offering ocean views and multiple entertaining areas. The lower level includes a storage room next to the garage of approximately 588 sq ft, featuring a bathroom, a large closet previously used as a darkroom, and a separate entrance from the expansive concrete patio and garden—ideal for a studio, ADU, workshop, game room, or flex space. The two-car garage (~504 sq ft) and carport provides ample parking and storage. Two covered patio areas add versatility, including one previously used as an orchid growing room. The lush grounds and rock walking paths feature over 10 mature fruit trees, including Hayden mango, macadamia nut, pomegranate, mandarin calamansi, and cashew. Located approximately 460 yards from Magic Sands Beach, this property offers proximity to beaches while providing space, privacy, and significant upside for the right buyer.