
Residential Land for Sale in Kailua-Kona, Hawaii
72-4027 Ke Ana Wai St, Kailua-Kona, HI 96740
Makalei Estates #24. Discover a rare blank canvas in Makalei Estates-Kona's premier gated, up-country enclave of luxury Kona Coffee Estates. Set at a cool ~1,200 ft elevation on Hualalai's gentle western slope, this 3.02-acre lot delivers postcard sunsets and sweeping views of the Kona Coast. The north boundary adjoins a protected State forest, creating a forever-green backdrop and unspoiled view corridor, while neighboring parcels are all estate-sized, preserving privacy without isolation. The seller recently cleared the lot, making it easy for buyers to walk the property and experience the views firsthand-an ideal step toward visualizing a future home. Highlights include: - Build-friendly terrain with a mild slope suited for a level house pad, infinity pool, or terraced gardens. - First-class infrastructure with underground utilities, wide paved roads, and gated entry. - Up-country serenity and cooler temperatures just 15 minutes from Kailua-Kona town, beaches, dining, and airport. - Spectacular west-facing orientation for year-round sunsets. - Enduring value with the forest reserve ensuring lasting privacy and a natural soundtrack of birdsong. A grading permit was issued in 2008 but later expired, with no grading performed. If you're seeking an upscale setting where luxury living meets Hawaii's natural beauty, Lot 24 in Makalei Estates is ready to bring your vision to life.
Location
- Street address
- 72-4027 Ke Ana Wai St
- County
- Hawaii County
- Community
- Makalei Estates
- Elevation
- 1,252 feet
Property details
- Acreage
- 3.08 acres
- Zoning
- A-3A
- MLS #
- HIS 721018
- Posted
Property taxes
- 2024
- $5,712
Parcels
- 3720150660000
Details and features
Listing
- Type
- Land
Lot
- View
- Forest, Ocean
- Features
- Cul-De-Sac
Structure
- Water
- Public
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Oct 4, 2025 | Price drop | $695,000 | $54,000 -7.2% | HIS |
| Aug 19, 2025 | Price drop | $749,000 | $10,000 -1.3% | HIS |
| July 26, 2025 | Price drop | $759,000 | $40,000 -5% | HIS |
| June 25, 2025 | Relisted | $799,000 | — | HIS |
| June 6, 2025 | Listing removed | $799,000 | — | Listing agent |
| June 5, 2025 | Price drop | $799,000 | $26,000 -3.2% | HIS |
| May 29, 2025 | Price drop | $825,000 | $25,000 -2.9% | HIS |
| May 13, 2025 | New listing | $850,000 | — | HIS |












