Welcome to Hale Wailele – the aptly named House of Falling Water. Perched above it all, you’ll enjoy luxury living & stunning panoramic views over Keauhou Bay & the Kona Coastline from this Big Island gem. This extraordinary home represents an opportunity to own a showpiece that celebrates the best of island living with an open, flowing floorplan, natural stone, tropical landscaping, tranquil waterfalls, Koi ponds, & traditional Hawaiian woods used throughout the property. A private gate & winding drive lead you to the private courtyard filled with lush landscaping, limestone walkways, & multiple water features. Inside the home, one space flows into another, allowing for seamless, easy living. From the gourmet indoor & outdoor kitchens to the great room to the media room to the formal dining room, no detail has been overlooked in the creation of this 5-star retreat. Cook & entertain in style from the oversized kitchen with gleaming wood cabinetry, granite counters, high-end appliances, separate island with range, & breakfast bar seating. A pavilion separates the palatial master suite from the rest of the home, allowing for privacy. Featuring vaulted 18' ceilings, outstanding views, & his & her baths, you’ll feel like you’re on vacation every day! A fourth bedroom en suite bath sits separate from the main house, making it the ideal choice for a guest house, onsite caretaker’s suite/ohana, private office, & more. Outside, enjoy jaw-dropping views from the custom infinity pool, spa, or any of the many patio spaces. The pool is solar heated for year-round enjoyment. Surrounded by the tropical beauty of Mount Hualalai & close to all the best of Hawaii life! This slice of paradise is currently being used as a wedding venue & has a short-term rental license which will transfer to the new owner with certain conditions. Use this luxury property for your own enjoyment or keep it as an income-producing entity in your investment portfolio. The possibilities are endless!