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$59K Price Reduction – Luxury Bargain in Keauhou Estates

Nestled on the hillside overlooking Keauhou Bay is one of Kona’s finest neighborhoods, Keauhou Estates. This gated community wraps around the Mountain Course of Kona Country Club. Just outside the gates is Keauhou Shopping Center, which is currently going through a large upgrade. One of the most exciting rumors circulating is that famous local chef Sam Choy will be opening a new place. I’m looking forward to that.

Like most communities here on the Kona Coast, this neighborhood of multimillion dollar homes has had its share of foreclosures as well. Most have been snatched up, but the home pictured above is still available. This REO is priced at an unbelievable $699,000 (MLS# 238703).

This spacious home is perfect for entertaining. It features a beautiful pool, and lanai with views of the ocean, and the Kona Coastline. The over-sized kitchen has gorgeous Koa cabinets as well as a large screened lanai. The master suite opens to the pool as well for quick dips. If you’re interested in great luxury buys on the Kona Coast, this should be on your list of must sees!

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