This estate features two separate residences thoughtfully configured to offer up to four individual rental opportunities, or the flexibility to live in one and rent the other three—an ideal setup for multigenerational living, long-term rentals, guest accommodations, or investment income. Whether you're searching for a private family compound, an income-producing investment, or a combination of both, this remarkable estate delivers exceptional versatility in one of the Big Island's most desirable communities. Main Residence: Upper Level: Features a charming country kitchen, a dining area, and a light-filled great room anchored by a cozy fireplace. Three bedrooms, two full baths, and an indoor laundry room complete this level. The expansive lanai offers stunning ocean and coastline views through the tree canopy. Lower Level: A spacious two-bedroom/one-bathroom layout with a large enclosed lanai and dedicated laundry room. Adjacent is a large studio with a private entrance that can be easily adjoined or utilized as a separate living area. A cleared, level area below the main house is perfectly primed for a greenhouse, detached garage, or workshop. Permitted Farm Dwelling: Tucked away privately on the lower portion of the fenced acreage, this ~950 sq. ft. home boasts soaring open-beam ceilings with skylights, a generous great room, a full kitchen, two bedrooms, laundry, and a bath. Relax and unwind on the additional 200 sq. ft. screened, L-shaped lanai. Both dwellings have been recently painted and feature dedicated septic systems. This property offers the best of island living—just minutes from the art galleries, cafes, and charm of Holualoa town, and a short drive to downtown Kailua-Kona for shopping, dining, and essential services. With 15-20 minute access to some of the Big Island's most beautiful beaches, snorkeling spots, and surf breaks.