NOT LISTED FOR SALE

75-6016 Alii Dr Unit 303 Kailua Kona, HI 96740

Estimated Value: $431,000 - $457,000

1 Bed
1 Bath
615 Sq Ft
$715/mo HOA Fee

Last Sold May 19, 2025

Last sale price $449,000 $730 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,486/month

4 Days on Market

Highlights

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

About This Home

As of May 2025

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!

Last Agent to Sell the Property

Julie Ziemelis

Real Broker Brokerage Phone: 8087852898 License #RS-85062 Listed on: 04/04/2025

Last Buyer's Agent

Alyssa Rodrigues

Knutson & Associates License #RS-85752

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

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
  • Ownership: CPR
  • MLS Status: S
  • 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
  • HIS_WaterHeater: Electric
  • Special Features: None
  • 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
  • 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

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
Buyer's Agent
Alyssa Rodrigues
Knutson & Associates
List Price
$449,000
Sold Price
$449,000
Views
14
Current Estimated Value
$444,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,209
Avg. Annual Appreciation
-2.12%
Original Mortgage
$336,750
Outstanding Balance
$335,555
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$109,236

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

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%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Smith David Keith -- Fam
Hill Candi V -- Accommodation
Golden Tani -- --
Hill Candi V $260,000 First American Title Company
Smith Jerry J $138,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith David Keith $336,750
Previous Owner Hill Candi V $195,000
Previous Owner Smith Jerry J $124,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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 View Prior Sale
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

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 $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

  • J

    Seller's Agent in 2025

    Julie Ziemelis

    Real Broker

    (808) 765-8040

    18 in this area

    22 Total Sales

    Julie Ziemelis
    Section Image

  • A

    Buyer's Agent in 2025

    Alyssa Rodrigues

    Knutson & Associates

    (808) 371-1351

    7 in this area

    13 Total Sales

    Alyssa Rodrigues
    Section Image
  • Walter Sinicki

    Buyer's Agent in 2017

    Walter Sinicki

    NextHome Paradise Realty

    (808) 895-5907

    38 in this area

    40 Total Sales

    Walter Sinicki
    Section Image

  • P

    Seller's Agent in 2016

    Philip Fukushima

    Aloha Sotheby's Intl Realty - Hawai'i

    (808) 989-3200

    9 in this area

    20 Total Sales

    Philip Fukushima
    Section Image
See All Agents

Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 719823

Hawaii Information Service (MLS Hawaii)

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

Hawaii Hawaii County Kailua Kona 96740

75-6016 Alii Dr Unit 303, Kailua Kona, HI

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.

Hawaii Information Service (MLS Hawaii) 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.

Nearby Homes