75-5766 Kuakini Hwy Unit 503 Kailua Kona, HI 96740
1
Bed
1
Bath
639
Sq Ft
$881/mo
HOA Fee
Highlights
- Ocean View
- Tankless Water Heater
- Ceramic Tile Flooring
- Concrete Block With Brick
- Closed Circuit Camera
- Zoned Heating and Cooling
About This Home
As of June 2025Prime Investment Opportunity – Ocean View Vacation Rental in Kailua-Kona
Seller offering $15,000 in concessions to help pay down mortgage points, HOA fees, upgrades, etc.
Seize the opportunity to own a high-performing vacation rental in the heart of Kailua-Kona! This turnkey, one-bedroom, one-bathroom condo boasts a top-floor view of Kailua Bay and an impressive 90% occupancy rate, making it a proven income-generating asset.
Meticulously maintained, this unit offers modern comfort with air conditioning and a thoughtfully designed interior that keeps guests returning. The spacious lanai provides views to breathtaking sunsets and the lively energy of Kailua Village, all while maintaining a serene retreat for visitors.
Location is unbeatable—just one block from the ocean, dining, shopping, and entertainment, ensuring strong rental demand year-round. Unit has assigned parking which provides the benefit of guests not having to pay for parking.
Benefits of condo:
Tropical breezes from ocean and mountain keep condo cool and A/C helps in summer.
Pull out couch for extra guest
Fully stocked for all needs for visitors - truly turn key
Whether you’re expanding your portfolio or seeking a personal island getaway with income potential, this condo has a great rental history.
Kailua Village Condominium offers:
Pets are allowed with Board approval.
Convenient assigned parking stall- #08
Pool and BBQ area
Secured building/elevator
On-site manager
Coined laundry room
The rental income history is available and the current leasing manager is willing to manage the property after sale.
Last Agent to Sell the Property
Real Broker LLC Brokerage Phone: 8087852898 License #RS-85062 Listed on: 03/15/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,372
Year Built
- Built in 1972
HOA Fees
- $881 Monthly HOA Fees
Parking
- Assigned Parking
Home Design
- Concrete Block With Brick
Interior Spaces
- 639 Sq Ft Home
- Blinds
- Ocean Views
- Closed Circuit Camera
Kitchen
- Range
- Dishwasher
Flooring
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Utilities
- Zoned Heating and Cooling
- Heat Pump System
- Tankless Water Heater
- Internet Available
- Phone Available
- Cable TV Available
Additional Features
- Gunite Pool
- Chain Link Fence
- Upper Level
Listing and Financial Details
- Property is used as a vacation rental
- Assessor Parcel Number 3750080160041
Community Details
Overview
- Kailua Village Community
- Hienaloli 1St Hienaloli 6Th Subdivision
- 7-Story Property
Amenities
- Trash Chute
- Coin Laundry
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 15, 2025
Closed on
Jun 24, 2025
Sold by
Price Douglas A and Price Karen H
Bought by
Biel Richard Barry and Sue Potter Biel Marti
Seller's Agent
Julie Ziemelis
Real Broker LLC
Buyer's Agent
Jamie Moe
eXp Realty
List Price
$475,000
Sold Price
$460,000
Premium/Discount to List
-$15,000
-3.16%
Views
15
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-11.65%
Original Mortgage
$345,000
Outstanding Balance
$344,706
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$105,148
Purchase Details
Closed on
Jun 15, 2022
Sold by
Stephen Boyt John and Stephen Ann Carol
Bought by
Price Douglas A and Price Karen H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
5.25%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 8, 2016
Closed on
Nov 3, 2016
Sold by
Dent Carolyn M
Bought by
Boyt John Stephen and Boyt Carol Ann
Seller's Agent
Emil Knysh
COMPASS
Buyer's Agent
Marni Shirley
Aloha Pacific Realty
List Price
$239,950
Sold Price
$220,000
Premium/Discount to List
-$19,950
-8.31%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.46%
Original Mortgage
$165,000
Interest Rate
3.42%
Mortgage Type
New Conventional
Similar Homes in the area
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Title Guaranty | |
| Deed | $460,000 | Title Guaranty | |
| Deed | $540,000 | Old Republic Title | |
| Deed | $540,000 | Old Republic Title | |
| Deed | $220,000 | Fam |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $345,000 | New Conventional | |
| Closed | $345,000 | New Conventional | |
| Previous Owner | $315,000 | New Conventional | |
| Previous Owner | $165,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/27/2025 06/27/25 | Sold | $460,000 | -3.2% | $720 / Sq Ft |
| 03/15/2025 03/15/25 | For Sale | $475,000 | +115.9% | $743 / Sq Ft |
| 02/08/2017 02/08/17 | Off Market | $220,000 | -- | -- |
| 11/10/2016 11/10/16 | Sold | $220,000 | -8.3% | $344 / Sq Ft |
| 08/25/2016 08/25/16 | Pending | -- | -- | -- |
| 04/08/2016 04/08/16 | For Sale | $239,950 | -- | $376 / Sq Ft |
Source: Hawaii Information Service (MLS Hawaii)
Tax History Compared to Growth
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 | $4,372 | $384,900 | $7,700 | $377,200 |
| 2024 | $4,372 | $355,900 | $12,900 | $343,000 |
| 2023 | $4,374 | $356,100 | $12,900 | $343,200 |
| 2022 | $3,671 | $298,900 | $12,900 | $286,000 |
| 2021 | $3,195 | $260,200 | $12,900 | $247,300 |
| 2020 | $2,889 | $235,300 | $12,900 | $222,400 |
| 2019 | $2,641 | $215,100 | $12,900 | $202,200 |
| 2018 | $2,445 | $199,100 | $12,900 | $186,200 |
| 2017 | $2,445 | $199,100 | $12,900 | $186,200 |
| 2016 | $1,856 | $162,400 | $12,900 | $149,500 |
| 2015 | $1,243 | $135,500 | $12,900 | $122,600 |
| 2014 | $1,243 | $123,000 | $12,900 | $110,100 |
Source: Public Records
Agents Affiliated with this Home
-
Julie Ziemelis
J
Seller's Agent in 2025
Julie Ziemelis
Real Broker LLC
(808) 765-8040
9 in this area
14 Total Sales
-
Jamie Moe
J
Buyer's Agent in 2025
Jamie Moe
eXp Realty
3 in this area
37 Total Sales
-
Emil Knysh
E
Seller's Agent in 2016
Emil Knysh
COMPASS
(808) 747-0503
36 in this area
59 Total Sales
-
Marni Shirley
M
Buyer's Agent in 2016
Marni Shirley
Aloha Pacific Realty
(808) 989-6556
16 in this area
34 Total Sales
Map
Source: Hawaii Information Service (MLS Hawaii)
MLS Number: 719244
APN: 3-7-5-008-016-0041
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Copyright 2025 MLS Hawaii, Inc. All rights reserved.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
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