Welcome to an exceptional opportunity along iconic Alii Drive, moments from white-sand beaches, oceanfront dining, and the heart of downtown Kailua-Kona. This successful vacation rental is a rare blend of lifestyle and incomeoffering flexibility, privacy, and panoramic island beauty. Elevated Island Living Perched above Alii Drive, the expansive roof deck is a true showpiececomplete with BBQ and dining areawhere guests gather to enjoy sweeping ocean and mountain views, golden sunsets, and gentle island breezes. Versatile Two-Story Design Thoughtfully designed for multiple rental configurations or multigenerational living, the home features: Two separate living areas with two full kitchens Two sets of washers and dryers Optional lockout capability for flexible rental income 1 bedroom / 1 bath on the ground level 2 bedrooms / 2 baths on the upper level Ground-floor kitchen + second-level wet bar High vaulted tongue-and-groove ceilings on both floors enhance the spacious feel, while large picture windows fill each living area with natural light. Turnkey Investment with Future Bookings Active STVR license in place Future reservations transfer to the new owner Sold fully turnkey furnished Energy-Efficient Island Comfort New leased solar system Solar hot water Zoned air-conditioning throughout Overhead ceiling fans Refined Finishes & Outdoor Appeal Granite countertops throughout Laminate flooring in bedrooms and living areas Tiled kitchen and bath floors Front open-air lanai with dining space and hammock lounge Two-car carport plus additional parking New perimeter fencing for added privacy Lush palm trees enhancing tropical ambiance Want to know more?