Experience the charm of Old Hawai?i in this unique property tucked into one of Kona's established beachside neighborhoods. Just a short stroll from the ocean, this tropical retreat captures the relaxed island lifestyle with mature palm trees, lush greenery, and an exceptionally spacious yard for the area. Offered fully furnished, this unique property has a history of versatile uses, including long-term, mid-term, and hosted vacation rentals, as well as a home-based business. With three separate living spaces, the property offers exceptional flexibility for a variety of lifestyles and needs. The original guest cottage, dating back to the 1970s, embodies classic Hawaiiana charm and features one bedroom, one bathroom, a kitchenette, and its own washer and dryer. The main home offers two additional living spaces. Downstairs is a one-bedroom, one-bathroom unit with a kitchenette, while upstairs features a one-bedroom, one-bathroom residence with a loft and full kitchen. Situated on an approximately 11,200-square-foot lot, the property offers a rare sense of space in this beachside setting. Towering palms, established tropical landscaping, and an expansive yard create a peaceful, private atmosphere with plenty of room to enjoy outdoor island living. A gated entrance opens to generous additional parking, adding convenience and flexibility. Fully owned solar panels with net metering. Whether you're looking for a multi-generational retreat, a property with flexible guest accommodations, or a home that embraces Kona's laid-back coastal lifestyle, this special offering presents a wonderful opportunity.