$449,000
UNDER CONTRACT

Estimated payment $3,647/month

Total Views 1,060
1 Bed
1 Bath
615 Sq Ft
$730 Price per Sq Ft

Highlights

  • Ocean Front
  • Concrete Block With Brick
  • Stacked Washer and Dryer
  • Heated In Ground Pool
  • Ceramic Tile Flooring

About This Home

Investor Opportunity: Fully Furnished 1-Bedroom Condo in Oceanfront Complex with STVR Permit

Maximize your portfolio with this turnkey 1-bedroom, 1-bath top-floor unit in the highly desirable Alii Villas, one of Kailua-Kona’s most established and sought-after oceanfront condominium communities. This condo comes fully furnished and STVR-permitted.

Step inside to find a bright, open-concept living area with updated vinyl plank flooring, tropical furnishings, and a spacious private lanai offering partial ocean views—perfect for guests to enjoy morning coffee or evening cocktails with a view. The top-floor location enhances natural light and airflow, while the thoughtfully reconfigured floor plan adds functional square footage and comfort. The AirBnB reviews are fantastic!

The condo was extensively remodeled in 2017 with new cabinets, appliances, quartz countertops, and tile backsplash in kitchen and upgraded vanity and quartz countertops in the bathroom. New electric 30 gallon water heater.
The complex has approved split A/C in the unit.

Alii Villas is located on the makai (ocean) side of historic Alii Drive, just minutes from Kailua-Kona’s vibrant dining, shopping, and outdoor recreation scene—ensuring high year-round guest demand.

On-site amenities include:
*Solar-heated saltwater pool
* Oceanfront BBQ deck
* Tropical landscaped grounds
* Library & common areas
* Frequent dolphin and seasonal whale sightings

With pet-friendly policies (1 small dog or cat allowed with board approval), this unit appeals to a wide range of potential renters and buyers. And with the STVR permit already in place, you can start generating income immediately.

Whether you're looking for a reliable income-producing asset, a low-maintenance island retreat, or a hybrid-use investment, this unit checks every box and its priced to sell!

Listing Agent

Julie Ziemelis

Real Broker LLC Brokerage Phone: 8087852898 License #RS-85062

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,321

Year Built

  • Built in 1973

Lot Details

  • Ocean Front

HOA Fees

  • $715 Monthly HOA Fees

Home Design

  • Concrete Block With Brick

Interior Spaces

  • 615 Sq Ft Home
  • 3-Story Property
  • Ocean Views
  • Stacked Washer and Dryer

Kitchen

  • Range
  • Built-In Microwave

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Deeded Parking
  • Assigned Parking

Pool

  • Heated In Ground Pool
  • Gunite Pool

Utilities

  • Underground Utilities
  • Electric Water Heater
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • Alii Villas Community
  • Kahului 1St & 2Nd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3750210070008

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,321

Year Built

Built in 1973

Lot Details

0

HOA Fees

$715 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Road Frontage Type: HIS Almost Oceanfront
  • Attribution Contact: 8087852898
  • Co List Office Phone: 8086505145
  • Ownership: CPR
  • MLS Status: C
  • Subdivision Name: KAHULUI 1ST & 2ND
  • Living Area: 615.0
  • Property Attached Yn: Yes
  • Year Built: 1973
  • Tax Year: 2024
  • HIS_PoolYN: Yes
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: Cable, Wireless
  • Special Features: UnderContract
  • Property Sub Type: Condos

Interior Features

  • Appliances: HIS Microwave Hood, Range, Refrigerator, Washer/Dryer Stacked
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Flooring: Ceramic Tile, Vinyl
  • Stories: 3
  • Total Bathrooms: 1
  • Design: Concrete

Exterior Features

  • View: Ocean
  • Pool Features: Gunite, Heated, In Ground, Outdoor Pool
  • Waterfront: No
  • Roads: Paved

Garage/Parking

  • Parking Features: Assigned, Deeded

Utilities

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

Condo/Co-op/Association

  • Association Fee: 715.0
  • Association Fee Frequency: Monthly
  • Project: ALII VILLAS

Lot Info

  • Zoning: V-1.25
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3750210070008
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5321.16

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
2024 $5,321 $454,800 $40,200 $414,600
2023 $4,516 $386,000 $40,200 $345,800
2022 $3,467 $296,300 $40,200 $256,100
2021 $3,528 $301,500 $40,200 $261,300
2020 $3,352 $286,500 $40,200 $246,300
2019 $3,090 $264,100 $40,200 $223,900
2018 $2,888 $246,800 $40,200 $206,600
2017 $2,830 $241,900 $40,200 $201,700
2016 $2,284 $210,500 $40,200 $170,300
2015 $1,664 $184,100 $40,200 $143,900
2014 $1,664 $184,100 $40,200 $143,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2025 04/04/25 For Sale $449,000 +76.1% $730 / Sq Ft
09/29/2017 09/29/17 Off Market $255,000 -- --
06/30/2017 06/30/17 Sold $255,000 -7.2% $415 / Sq Ft
06/12/2017 06/12/17 Pending -- -- --
02/07/2017 02/07/17 For Sale $274,900 +71.8% $447 / Sq Ft
12/20/2016 12/20/16 Sold $160,000 -12.1% $260 / Sq Ft
11/22/2016 11/22/16 Pending -- -- --
09/09/2016 09/09/16 For Sale $182,000 -- $296 / Sq Ft
Source: Hawaii Information Service (MLS Hawaii)

Deed History

Date Type Sale Price Title Company
Deed -- Accommodation
Deed -- --
Deed $260,000 First American Title Company
Deed $138,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $205,100 Adjustable Rate Mortgage/ARM
Closed $56,000 Commercial
Previous Owner $94,000 Stand Alone Second
Previous Owner $195,000 New Conventional
Previous Owner $124,650 No Value Available
Source: Public Records

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Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 719823

Hawaii Information Service (MLS Hawaii)

APN: 3-7-5-021-007-0008