$795,000
$100K PRICE DROP

Kona Reefs 75-5888 Alii Dr Unit A4 Kailua Kona, HI 96740

Estimated payment $5,923/month

Total Views 16,951
1 Bed
1 Bath
611 Sq Ft
$1,301 Price per Sq Ft

Highlights

  • Ocean View
  • Waterfront
  • Carpet
  • Pool and Spa
  • Stone Wall
  • Stacked Washer and Dryer

About This Home

Live your oceanfront dream in this ground-floor condo at Kona Reef’s A Building, where the Pacific is practically your backyard. This updated and fully furnished 1-bedroom, 1-bathroom unit is all about location and lifestyle. It includes a pull-out sofa for additional sleeping space, making it ideal for guests or vacation rental flexibility. Step off your lanai onto a lush, oceanfront lawn and watch surfers, spot whales in season, or unwind with your morning coffee just feet from the shoreline.

Unit A4 is an active, Short-Term Vacation Rental (STVR), offering a turnkey opportunity for both personal enjoyment and income potential. The A building is one of the few in the complex with direct shoreline access and unobstructed ocean views, making it a top choice for visitors and owners alike. Enjoy the ease of single-level living with no stairs or elevators needed to reach the beach just steps away.

Take a Virtual Walkthrough Here: Video Tour Here: Reef is a well-maintained oceanfront complex featuring resort-style amenities, including an ocean-view pool, spa, BBQ pavilion, elevator access, and EV charging available. Located directly next to Honl’s Beach, and just a short walk to the restaurants, shops, and downtown of historic Kailua Village, everything you need is close by, yet the setting remains peaceful and private.

Fee simple ownership. Monthly maintenance fees include water, sewer, trash, cable TV, and common area upkeep.

Listing Agent

Jennifer Bien

NextHome Paradise Realty Brokerage Phone: 8089383052 License #RB-24077 Listed on: 04/03/2025

NextHome Paradise Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,368

Year Built

  • Built in 1980

Lot Details

  • Waterfront
  • Stone Wall

HOA Fees

  • $928 Monthly HOA Fees

Interior Spaces

  • 611 Sq Ft Home
  • Carpet
  • Stacked Washer and Dryer

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Covered Parking
  • Unassigned Parking

Pool

  • Pool and Spa

Listing and Financial Details

  • Assessor Parcel Number 3750180710004

Community Details

Overview

  • Kona Reef Community

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,368

Year Built

Built in 1980

Lot Details

0

HOA Fees

$928 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Reso Fencing: Stone
  • Road Frontage Type: Almost Oceanfront
  • Attribution Contact: 8089383052
  • Co List Office Phone: 8087315242
  • Ownership: CPR
  • MLS Status: A
  • Living Area: 611.0
  • Property Attached Yn: Yes
  • Year Built: 1980
  • Tax Year: 2025
  • HIS_PoolYN: Yes
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave Hood, Range, Refrigerator, Washer/Dryer Stacked
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Flooring: Carpet
  • Total Bathrooms: 1

Exterior Features

  • View: Ocean, Sunset
  • Pool Features: Outdoor Pool, Pool/Spa Combo
  • Waterfront: Yes
  • Roads: Paved

Garage/Parking

  • Parking Features: Covered, Unassigned

Utilities

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

Condo/Co-op/Association

  • Association Fee: 927.89
  • Association Fee Frequency: Monthly
  • Pets Allowed: No
  • Project: Kona Reef

Lot Info

  • Zoning: V-.75
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3750180710004

Tax Info

  • Tax Annual Amount: 8367.84

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

Property History

Date Event Price Change Sq Ft Price
07/13/2025 07/13/25 Price Changed $795,000 -3.6% $1,301 / Sq Ft
07/13/2025 07/13/25 Price Changed $825,000 -2.9% $1,350 / Sq Ft
05/30/2025 05/30/25 Price Changed $850,000 -2.9% $1,391 / Sq Ft
04/18/2025 04/18/25 Price Changed $875,000 -2.2% $1,432 / Sq Ft
04/03/2025 04/03/25 For Sale $895,000 +79.2% $1,465 / Sq Ft
08/31/2020 08/31/20 Sold $499,500 -5.8% $818 / Sq Ft
07/28/2020 07/28/20 Pending -- -- --
02/15/2020 02/15/20 For Sale $530,000 -- $867 / Sq Ft
Source: Hawaii Information Service (MLS Hawaii)

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 719360

Hawaii Information Service (MLS Hawaii)