$675,000

75-5669 Kuakini Hwy Unit 4-302 Kailua Kona, HI 96740

Kailua Kona Neighborhood

Estimated payment $4,974/month

Total Views 13,234
2 Beds
2 Baths
943 Sq Ft
$716 Price per Sq Ft

About This Home

Top Floor Condo with Ocean Views in Kailua Bay Resort – Active Vacation Rental with over $95,000 in gross income in 2024!

Experience island living in this beautifully maintained 2-bedroom, 2-bath condo located on the top floor of Kailua Bay Resort. Enjoy ocean views from the living room and lanai, enhanced by soaring cathedral ceilings and clerestory windows that fill the space with natural light and tropical treetop views.

The spacious layout features a striking entry with varied ceiling heights, a well-appointed kitchen with abundant cabinet space and a functional pantry, and recent upgrades including luxury vinyl plank flooring, a stainless-steel French door refrigerator, slide-in range, full-size dishwasher, and a Tri-Zone AC—less than 3 years old—for efficient, customizable cooling throughout the unit.

The first-floor bedroom boasts large windows with serene mountain views and ample closet space. A full bathroom with a tub/shower combo and an in-unit washer/dryer add to the home’s functionality. The open-concept living area flows seamlessly to the lanai—perfect for relaxing or entertaining with panoramic ocean vistas.

This unit is being sold turnkey furnished and is ready for full-time living, a second home, or as a short-term vacation rental. Kailua Bay Resort allows vacation rentals and offers fantastic amenities including a swimming pool, spa, BBQ area, and convenient gated access to nearby shopping at Kopiko Plaza. One assigned parking space (#24) is included.

Pet-friendly with allowance for one dog or two cats per association guidelines. Smoking is permitted only in designated areas.

Conveniently located just minutes from Kailua Pier, beaches, restaurants, and the heart of Historic Kailua Village.

Listing Agent

Soraya Letournel

COMPASS Brokerage Phone: 8083653528 License #RS-85301 Listed on: 05/13/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,164

Year Built

  • Built in 1982

HOA Fees

  • $782 Monthly HOA Fees

Parking

  • Assigned Parking

Interior Spaces

  • 943 Sq Ft Home
  • Carpet

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 3750040210067

Community Details

Overview

  • Kailua Bay Resort Community
  • Lanihau 1St Hienaloli 1St Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,164

Year Built

Built in 1982

Lot Details

0

HOA Fees

$782 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Attribution Contact: 8083653528
  • Co List Office Phone: 8083785447
  • Ownership: CPR
  • MLS Status: A
  • Subdivision Name: LANIHAU 1ST - HIENALOLI 1ST
  • Living Area: 943.0
  • Property Attached Yn: Yes
  • Year Built: 1982
  • Tax Year: 2024
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: Cable
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Range Hood, Refrigerator
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Flooring: Carpet
  • Total Bathrooms: 2

Exterior Features

  • Waterfront: No
  • Roads: Paved

Garage/Parking

  • Parking Features: Assigned

Utilities

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

Condo/Co-op/Association

  • Association Fee: 782.44
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes
  • Project: Kailua Bay Resort

Lot Info

  • Zoning: V-1.25
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3750040210067

Tax Info

  • Tax Annual Amount: 6163.61

Map

Range of Values:

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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 $6,164 $491,000 $16,100 $474,900
2024 $6,164 $501,800 $26,900 $474,900
2023 $5,689 $463,200 $26,900 $436,300
2022 $1,403 $314,700 $26,900 $287,800
2021 $1,357 $305,500 $26,900 $278,600
2020 $641 $169,000 $26,900 $142,100
2019 $614 $164,100 $26,900 $137,200
2018 $588 $159,300 $26,900 $132,400
2017 $564 $154,700 $26,900 $127,800
2016 $540 $150,200 $26,900 $123,300
2015 $1,483 $145,800 $26,900 $118,900
2014 $1,483 $141,600 $26,900 $114,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2025 05/13/25 For Sale $675,000 +22.7% $716 / Sq Ft
05/10/2022 05/10/22 Sold $550,000 +12.5% $583 / Sq Ft
03/29/2022 03/29/22 Pending -- -- --
03/26/2022 03/26/22 For Sale $489,000 +63.0% $519 / Sq Ft
10/01/2020 10/01/20 Sold $300,000 -14.0% $318 / Sq Ft
08/01/2020 08/01/20 Pending -- -- --
03/06/2020 03/06/20 For Sale $349,000 -- $370 / Sq Ft
Source: Hawaii Information Service (MLS Hawaii)

Purchase History

Date Type Sale Price Title Company
Deed -- Fidelity National Title
Deed -- Fidelity National Title
Deed $300,000 Tg
Interfamily Deed Transfer -- None Available
Deed $199,000 None Available
Deed $215,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $419,843 New Conventional
Closed $419,843 New Conventional
Previous Owner $285,000 New Conventional
Source: Public Records

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Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 720460

Hawaii Information Service (MLS Hawaii)

APN: 3-7-5-004-021-0067