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75-284 Malulani Dr, Kailua Kona, HI, 96740

2beds
2baths
1,329sqft
$1,055,000
$794price/sqft
$6,409/moest. monthly cost
$256,360/yrincome needed

About This Home

Beautifully remodeled 2-bedroom, 2-bathroom single-level home in desirable Malulani Gardens gated community, just minutes from Kailua Village. This immaculate home has a beautiful kitchen featuring African mahogany cabinets, koa hardwood floors throughout and has been freshly painted. Enjoy spacious front and back lanais with ocean views, the backyard is a perfect private Hawaiian oasis with a gazebo, screened in lanai with wet bar and endless swimming pool opening to vacant land. The serene backyard is a perfect spot to enjoy sunsets and entertain friends. All closets include custom built-ins by California Closets, with a large walk-in master closet, primary bathroom has an acacia counter top and natural stone sinks. The tropically landscaped yard is fenced and low maintenance. This home comes with a fully paid-for Photo Voltaic (solar) system complete with battery backup and central Air Conditioning. One of the best locations in Malulani Gardens offering privacy and ocean views from the both the front and back of the house. Additional photos available at https://sites.spaces808.com/75284-Malulani-Dr/idx One photo was altered to remove furniture in guest bedroom.

Getting Around

19
WalkingCar-Dependent
0
TransitVery Limited Transit
12
BikeSomewhat Bikeable

Schools

7/10
7/10
4/10
Kealakehe High SchoolGrades 9-122.0 mi

Construction

Condition

  • Year built: 2002

Materials

  • Construction materials: Double Wall

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Electric Cooktop,Freezer,Indoor Grill,Microwave,Oven,Range Hood,Washer
  • Laundry features: Front Load

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Cooling

  • Cooling features: Air Conditioning,Central Air

Features

  • High Ceilings,Vaulted Ceiling(s),Wet Bar
  • Window features: Blinds,Skylight(s)
  • Flooring: Ceramic Tile,Hardwood

Interior Area

  • Total structure area: 1,329
  • Total interior livable area: 1,329 sqft

Property

Details

  • Parcel number: 3750390010000
  • Zoning: RS-7.5
  • Special condition: Fee Simple,Standard

Features

  • Pool features: Above Ground,Heated,Other
  • Fencing: Other,Stone
  • Has view: Yes
  • View description: Coastline,Mountain(s),Ocean,Ocean Horizon,Sunset
  • Has water view: Yes
  • Water view: Ocean
  • Topography of land: Level

Lot

  • Lot size: 5,436 sqft
  • Features: Corner Lot,Interior Lot,Landscaped

Parking

  • Parking features: Attached,Covered

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Volcanic Activity
    Volcanic ActivityRelatively High
  • Tsunami
    TsunamiModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Lightning
Volcanic Activity
Tsunami
Wildfire

FEMA Declared Disasters Across Hawaii Counties

Fire

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,334$64,008
Home Insurance *$270$3,240
Property Taxes $378$4,536
Electricity $427$5,135
Total$6,409$76,908
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$219,737/yr
40% on housing$192,270/yr
45% on housing$170,906/yr

Hawaii FAIR Plan Programs

Hawaii - Hurricane Relief Fund

Covered
WindWind
Visit Website →
Current Policies
Residential: 2,402Commercial: -4
Total Premiums$5.57M
Total Exposure$928.92M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.1%
8.1%
0%30.0%
Electricity Growth Rate10-year average: 5.6%
5.6%
0%15.0%
Property Taxes Growth Rate2-year average: 1.7%
1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$794This listing

vs Other Active Listings

Avg $/sqft

ZIP 96740$1,106
Hawaii County$495

vs Homes Sold Last Month

Median $/sqft

ZIP 96740$701
Hawaii County$424

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-08Listed for sale$1,075,000
2019-06-26Sold$599,000
2019-05-31Pending sale$599,000
2019-05-28Listed for sale$599,000
2003-08-11Sold$385,000
2002-12-26Sold$364,500

For Sale by Agent

AgentCindy Wild
BrokeragePremier Island Properties LLC

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