$209,000

75-5776 Kuakini Hwy Unit 123 Kailua Kona, HI 96740

Kailua Kona Neighborhood

Estimated payment $2,632/month

Total Views 8,114
-- Bed
1 Bath
372 Sq Ft
$562 Price per Sq Ft

About This Home

This is a leasehold property. With over $67,000 gross yearly income, this is a great investment property!

Welcome to your tropical escape at the Kona Islander Inn! This charming condo offers a private lanai that opens to beautifully landscaped grounds, inviting you to relax and recharge in a serene setting. Whether you're sipping your morning coffee or unwinding after a day of adventure, this peaceful space is the perfect retreat.

This unit is currently an active Short-Term Vacation Rental with a solid history of bookings—an ideal opportunity for those seeking an investment property in the heart of Kailua-Kona. The complex features resort-style amenities including a pool and hot tub, lush tropical gardens, BBQ grills, and a welcoming front desk team to assist with guest check-ins and check-outs.

Perfectly situated on vibrant Alii Drive, you're just steps away from beaches, restaurants, shops, and local entertainment. Parking is available on a first-come, first-serve basis, and the on-site laundry room is accessible with a key card.

Monthly maintenance fees cover water, electricity, trash service, basic cable, and high-speed internet, helping you keep your costs fixed and budgeting simple. The lease runs through 2079 with a renegotiation date set for 2029.

Don’t miss this opportunity to own a slice of paradise in one of Kona’s most popular vacation destinations!

Listing Agent

Soraya Letournel

COMPASS Brokerage Phone: 8083653528 License #RS-85301 Listed on: 05/15/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,463

Year Built

  • Built in 1969

Lot Details

  • Property fronts a private road
  • Property fronts a county road

HOA Fees

  • $1,288 Monthly HOA Fees

Parking

  • Unassigned Parking

Interior Spaces

  • 1 Full Bathroom
  • 372 Sq Ft Home
  • Carpet

Listing and Financial Details

  • Assessor Parcel Number 3750080030053

Community Details

Overview

  • Kona Islander Inn Community

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,463

Year Built

Built in 1969

Lot Details

0

HOA Fees

$1,288 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Attribution Contact: 8083653528
  • Co List Office Phone: 8083785447
  • Ownership: CPR
  • MLS Status: A
  • Living Area: 372.0
  • Property Attached Yn: Yes
  • Year Built: 1969
  • Tax Year: 2024
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

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

Exterior Features

  • Waterfront: No
  • Roads: County, Private

Garage/Parking

  • Parking Features: Unassigned

Utilities

  • Utilities: Electricity Available, Sewer Connected, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1288.05
  • Association Fee Frequency: Monthly
  • Pets Allowed: No
  • Project: KONA ISLANDER INN

Lot Info

  • Zoning: V-.75
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3750080030053

Tax Info

  • Tax Annual Amount: 2462.74

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2025 05/15/25 For Sale $209,000 +60.8% $562 / Sq Ft
10/12/2024 10/12/24 Off Market $130,000 -- --
08/25/2021 08/25/21 Sold $154,000 +3.4% $414 / Sq Ft
07/22/2021 07/22/21 Pending -- -- --
07/21/2021 07/21/21 For Sale $149,000 +14.6% $401 / Sq Ft
10/23/2020 10/23/20 Sold $130,000 -7.1% $349 / Sq Ft
09/10/2020 09/10/20 Pending -- -- --
08/28/2020 08/28/20 For Sale $140,000 -- $376 / Sq Ft
Source: Hawaii Information Service (MLS Hawaii)

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Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 720985

Hawaii Information Service (MLS Hawaii)
Hawaii Hawaii County Kailua Kona 96740 Kailua Kona

75-5776 Kuakini Hwy Unit 123, Kailua Kona, HI

This home is located at 75-5776 Kuakini Hwy Unit 123, Kailua Kona, HI 96740 and is currently priced at $209,000, approximately $561 per square foot. This property was built in 1969. 75-5776 Kuakini Hwy Unit 123 is a home located in Hawaii County with nearby schools including Kahakai Elementary School, Kealakehe Intermediate School, and Kealakehe High School.

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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.

Nearby Homes
Listing Agent
Soraya Letournel
Section Image
COMPASS
(808) 201-1989