75-6016 Alii Dr Unit 303 Kailua Kona, HI 96740
Kailua Kona Neighborhood
1
Bed
1
Bath
615
Sq Ft
$715/mo
HOA Fee
Highlights
- Ocean Front
- Concrete Block With Brick
- Stacked Washer and Dryer
- Heated In Ground Pool
- Ceramic Tile Flooring
About This Home
As of May 2025Investor 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!
Last Agent to Sell the Property
Real Broker LLC Brokerage Phone: 8087852898 License #RS-85062 Listed on: 04/04/2025
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
- Property is used as a vacation rental
- Assessor Parcel Number 3750210070008
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 4, 2025
Closed on
May 13, 2025
Sold by
Schabel Michael E and Schabel Jennifer L
Bought by
Smith David Keith and Smith Tami Michelle
Seller's Agent
Julie Ziemelis
Real Broker LLC
Buyer's Agent
Alyssa Rodrigues
Knutson & Associates
List Price
$449,000
Sold Price
$449,000
Total Days on Market
4
Views
14
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.44%
Original Mortgage
$336,750
Outstanding Balance
$336,750
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$124,188
Purchase Details
Closed on
Nov 18, 2009
Sold by
Golden Tani
Bought by
Hill Candi V and Candi V Hill 2003 Revocable Trust
Purchase Details
Closed on
Apr 29, 2005
Sold by
Hill Candi V
Bought by
Golden Tani
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Interest Rate
5.84%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Jan 7, 2005
Sold by
Smith Carol S
Bought by
Hill Candi V and Candi V Hill 2003 Revocable Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
1.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 15, 2002
Sold by
Finelli Ronald A and Finelli Barbara Ann
Bought by
Smith Jerry J and Smith Carol S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,650
Interest Rate
6.52%
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 | -- | Fam | |
| 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 | $336,750 | New Conventional | |
| Previous Owner | $205,100 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $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
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/19/2025 05/19/25 | Sold | $449,000 | 0.0% | $730 / Sq Ft |
| 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)
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 | $5,321 | $454,800 | $40,200 | $414,600 |
| 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
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
-
Alyssa Rodrigues
A
Buyer's Agent in 2025
Alyssa Rodrigues
Knutson & Associates
(808) 371-1351
5 in this area
8 Total Sales
-
Walter Sinicki
Buyer's Agent in 2017
Walter Sinicki
NextHome Paradise Realty
(808) 895-5907
26 in this area
28 Total Sales
-
Philip Fukushima
P
Seller's Agent in 2016
Philip Fukushima
Aloha Sotheby's International Realty Inc.
(808) 989-3200
1 in this area
12 Total Sales
Map
Source: Hawaii Information Service (MLS Hawaii)
MLS Number: 719823
APN: 3-7-5-021-007-0008
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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