$179,500

74-5618 Palani Rd Unit D5 Kailua Kona, HI 96740

Kailua Kona Neighborhood

Estimated payment $1,839/month

Total Views 354
1 Bed
1 Bath
535 Sq Ft
$336 Price per Sq Ft

Highlights

  • Very Popular Property
  • In Ground Pool
  • Carpet
  • Ocean View
  • High Speed Internet

About This Home

This is a leasehold property. Many units in this complex are successful vacation rentals. This unit can be sold fully furnished and turnkey if new owner would like to start a vacation rental immediately or make it your own residence, pets allowed at this complex.
This unit is ready to go!
Its walking distance to the beach, town, shopping, dining, grocery stores, post office, banks, and everything that beautiful downtown Kailua-Kona has to offer!


Due to this being a leasehold property, this sale must be cash or a 1031 exchange.

Last Listed By

Felicia Frazer-Harms

Coldwell Banker Island Properties - Kona Brokerage Phone: 8089362270 License #RS-66974 Listed on: 06/02/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,505

Year Built

  • Built in 1969

HOA Fees

  • $706 Monthly HOA Fees

Parking

  • Assigned Parking

Property Views

  • Ocean
  • City
  • Garden

Interior Spaces

  • 535 Sq Ft Home
  • Carpet

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • High Speed Internet
  • Internet Available
  • Phone Available
  • Cable TV Available

Additional Features

  • In Ground Pool
  • Property fronts a county road

Community Details

  • Kona Kai Community
  • Kona Industrial Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3740100360029

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,505

Year Built

Built in 1969

Lot Details

0

HOA Fees

$706 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Attribution Contact: 8089362270
  • Co List Office Phone: 8088757000
  • Ownership: CPR
  • MLS Status: A
  • Subdivision Name: KONA INDUSTRIAL SUBDIVISION
  • Living Area: 535.0
  • Property Attached Yn: Yes
  • Year Built: 1969
  • Tax Year: 2024
  • HIS_PoolYN: Yes
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: Cable, Fiber-Optic, Satellite, Wireless
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Microwave, Range, Refrigerator
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Flooring: Carpet
  • Total Bathrooms: 1

Exterior Features

  • View: City, Garden, Ocean Horizon, Other, Sunset
  • Pool Features: In Ground, Outdoor Pool
  • Waterfront: No
  • Roads: County, Paved

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected

Condo/Co-op/Association

  • Association Fee: 706.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes
  • Project: Kona Kai

Lot Info

  • Zoning: CV-10
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3740100360029

Tax Info

  • Tax Annual Amount: 1504.67

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,505 $128,700 $17,500 $111,200
2024 $1,505 $122,500 $17,500 $105,000
2023 $1,366 $111,200 $17,500 $93,700
2022 $1,174 $95,600 $17,500 $78,100
2021 $930 $75,700 $17,500 $58,200
2020 $952 $77,500 $17,500 $60,000
2019 $706 $115,000 $35,000 $80,000
2018 $526 $42,800 $17,500 $25,300
2017 $238 $38,700 $17,500 $21,200
2016 $442 $38,700 $17,500 $21,200
2015 $402 $38,700 $17,500 $21,200
2014 $402 $38,700 $17,500 $21,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2025 06/02/25 For Sale $179,500 +8.8% $336 / Sq Ft
07/23/2024 07/23/24 Sold $165,000 -7.8% $308 / Sq Ft
07/23/2024 07/23/24 For Sale $179,000 +88.4% $335 / Sq Ft
03/09/2020 03/09/20 Sold $95,000 -12.8% $178 / Sq Ft
01/05/2020 01/05/20 Pending -- -- --
12/13/2019 12/13/19 For Sale $109,000 +103.7% $204 / Sq Ft
07/05/2017 07/05/17 Sold $53,500 0.0% $100 / Sq Ft
06/06/2017 06/06/17 Pending -- -- --
05/25/2017 05/25/17 For Sale $53,500 +167.5% $100 / Sq Ft
03/12/2014 03/12/14 Sold $20,000 -14.9% $37 / Sq Ft
02/07/2014 02/07/14 Pending -- -- --
01/24/2014 01/24/14 For Sale $23,500 -- $44 / Sq Ft
Source: Hawaii Information Service (MLS Hawaii)

Similar Homes in Kailua Kona, HI

  • 74-5618 Palani Rd Unit A4, Kailua Kona, HI 96740

    $140,000

    • 1 Bed
    • 1 Bath
    • 480 Sq Ft
    • 74-5618 Palani Rd
    • Unit A4
    • Kailua Kona, HI

    This is a leasehold property. Are you looking for a successful and fully furnished STVR in paradise? Now is your chance to operate an AMAZING TURNKEY unit located in Kona Kai! The location and walking distance to the heart of Kailua Kona make this unit very desirable. Enjoy stunning ocean and pool views and a fabulous location within walking distance to restaurants, surf, snorkel, and shopping.

    Maly Romero Watts Koa Realty, Inc.

    Section Image
  • 74-5618 Palani Rd Unit C7, Kailua Kona, HI 96740

    $195,000

    • 2 Beds
    • 1 Bath
    • 616 Sq Ft
    • 74-5618 Palani Rd
    • Unit C7
    • Kailua Kona, HI

    This is a leasehold property. CASH or 1031 exchange only.Charming Updated Condo in the Heart of Kona – Successful Vacation Rental!Welcome to this beautifully updated, turn-key 2-bedroom, 1-bath condo located in the vibrant heart of Kona, with an ocean view. Just steps from the Ironman finish line and within walking distance to the pier, local markets, grocery stores, dining,

    Lori McNeel First Island Realty, LLC

    Section Image
  • 74-5618 Palani Rd Unit A2, Kailua Kona, HI 96740

    $159,000

    • 2 Beds
    • 1 Bath
    • 616 Sq Ft
    • 74-5618 Palani Rd
    • Unit A2
    • Kailua Kona, HI

    This is a leasehold property. Cash Buyers only.Kona Kai is a Short Term Rental conforming complex offering flexibility for both investors and residents.This unbeatable location is right in the heart of Kailua-Kona where you can walk to fantastic shops, award winning restaurants, fun nightlife, pristine beaches like King Kamehameha at the the Pier, various recreational activities,

    Kendra Powell Hawaii Estates LLC

    Section Image
  • 74-5618 Palani Rd Unit G1, Kailua Kona, HI 96740

    $172,000

    • 2 Beds
    • 1 Bath
    • 616 Sq Ft
    • 74-5618 Palani Rd
    • Unit G1
    • Kailua Kona, HI

    This is a leasehold property. Cash Buyers only.Highlights include:LOCATION, LOCATION, LOCATION: In the hert of Kailua-Kona. Walk to shops, restaurants nightlife, beaches, recreational activities, grocery stores, the post office and so many options.One assigned parking spot.Tastefully refreshed and in move in condition.Two bedrooms add space and privacy.Two wall unit

    Kendra Powell Hawaii Estates LLC

    Section Image
  • 74-5618 Palani Rd Unit B7, Kailua Kona, HI 96740

    $175,000

    • 2 Beds
    • 1 Bath
    • 616 Sq Ft
    • 74-5618 Palani Rd
    • Unit B7
    • Kailua Kona, HI

    This is a leasehold property.Kona Kai is located in town and close to all the amenities. This unit is on the first floor and has a peek a view ocean view. It comes partially furnished with a screen in lanai. The unit has been remodeled in the past to have a more open kitchen and living room concept. Bathroom has a walk in shower.This property is in the resort zone and can apply for STVR

    Christina Sotelo Kona Real Estate Management

    Section Image
  • 74-5618 Palani Rd Unit M6, Kailua Kona, HI 96740

    $179,500

    • 1 Bed
    • 1 Bath
    • 535 Sq Ft
    • 74-5618 Palani Rd
    • Unit M6
    • Kailua Kona, HI

    This is a leasehold property.CASH BUYERS ONLYStep into opportunity. Beautifully remodeled 1 bedroom, condo with courtyard views and a desirable Kona location. Currently a Popular and Profitable STVR with 2023 Gross rental income over $55,000.KEY FEATURES:PRIME LOCATION: Situated in the heart of Kailua-Kona, this condo offers unparalleled access to pristine beaches, vibrant

    Rebecca Clancy Hawaii Real Estate Group LLC

    Section Image
  • 74-5618 Palani Rd Unit J2, Kailua Kona, HI 96740

    $160,000

    • 2 Beds
    • 1 Bath
    • 624 Sq Ft
    • 74-5618 Palani Rd
    • Unit J2
    • Kailua Kona, HI

    This is a leasehold property. LOCATION, LOCATION, LOCATION!! COMPLETLY REMODELED WITHIN LAST 6 MONTHS.Welcome to this beautifully updated, turn-key 2-bedroom, 1-bath condo. Has STVR license and active Air BNB!Newly remodeled to all requirements for Air BnB.Has a new pullout sofa for the additional guest.Beautiful condo!

    MerryAnne Stone Coldwell Banker Island Properties - Kona

    Section Image
  • 75-5776 Kuakini Hwy Unit 138, Kailua Kona, HI 96740

    $199,000

    • 1 Bed
    • 1 Bath
    • 372 Sq Ft
    • 75-5776 Kuakini Hwy
    • Unit 138
    • Kailua Kona, HI

    This is a leasehold property. The Kona Islander Inn is a very popular condo project with a robust vacation rental program. The property is located in the heart of Kailua Kona and within walking distance to dinning, shopping, swimming, and popular beaches. It is situated between Alii Dr. and Kuakini Hwy with access from either street. This ground floor unit offer a centrally located property for

    Philip Fukushima Aloha Sotheby's International Realty Inc.

    Section Image

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 721367

Hawaii Information Service (MLS Hawaii)

APN: 3-7-4-010-036-0029