One of the most commanding ocean view lots in all of Kona. Located in the prestigious Iolani subdivision, this exceptional ½-acre homesite offers a breathtaking, expansive ocean panorama looking over Kailua Bay, with stunning coastline and sunset views. This build-ready parcel includes house plans and county approved permit (expires 11/22/2030), offering a valuable head start toward creating your dream home. Electric and water are conveniently located at the curb, and the property features a fully graded driveway allowing direct access to a level, cleared building pad. Solid rock walls on three sides enhance privacy while expanding the usable build area, providing a strong and well-established foundation for a custom residence. Iolani is known for its estate-style luxury properties, commanding ocean views, and ideal elevation of approximately 850 feet, offering comfortable year-round temperatures and refreshing trade winds. Centrally located yet private, the subdivision is just minutes from downtown Kailua-Kona, beaches, restaurants, and shopping. A rare opportunity to build in one of Kona's most desirable view corridors, where preparation, location, and spectacular scenery come together beautifully. ***HOA fees include: Common Area Landscape, High-Speed Internet & Spectrum Cable package o Spectrum TV® Select, Entertainment View and Sports View o Spectrum Internet® Ultra 500 mbps with Wi- Fi (1 FREE Modem and Router) o Choice of Two HD DVR Boxes or two New Xumo Streaming boxes o Streaming Service Included: Paramount+, Peacock Premium, AMC+, HBO Max, ESPN+, Disney+