NOT LISTED FOR SALE

78-261 Manukai St Unit 2802 Kailua Kona, HI 96740

Estimated Value: $1,215,450 - $1,395,000

2 Beds
2 Baths
1,486 Sq Ft
$1,534/mo HOA Fee

Last Sold August 22, 2023

Last sale price $1,265,000 $851 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $9,693/month

16 Days on Market

Highlights

  • Beach Front
  • Pool and Spa
  • Ground Level Unit
  • Ocean View
  • Gated Community
  • Detached Garage

About This Home

As of August 2023

Rare Oceanfront Condo in a Prime Location on the Kona Coast!

Welcome to Kanaloa at Kona, a coveted oceanfront community on 16 acres in the historic Keauhou Resort area. Located 5 miles south of Kailua-Kona's vibrant business district, Kanaloa offers a tranquil retreat with breathtaking views and a wealth of amenities.

Unit #2802 at Kanaloa is a unique gem—a ground-floor, single-level, 2-bedroom condo boasting panoramic ocean views and stunning year-round sunsets from the serenity of your perched lanai and spacious living room. Opportunities for direct oceanfront living in Hawaii are limited and are always in high demand, this one won’t last long!

Kanaloa Complex Overview:
- Ideal vacation destination allowing short-term rentals
- Three swimming pools and spas
- Two lighted tennis courts
- Impeccably maintained tropical landscaping
- Plenty of parking, including an assigned carport
- Numerous BBQ grilling areas spread across the resort

Unit #2802 Standout Features:
- Unobstructed ocean views
- 2 Bedrooms, 2 Bathrooms, and 1,486 sqft of interior space
- Spacious lanai complete w/ wet bar
- Sold furnished
- Currently an active vacation rental w/ transferrable STVR permit
- Newer split AC system and sliding doors (mid-2022)
- Newer refrigerator, dishwasher, and water heater (Dec 2021)
- Two walk-in closets, plus additional storage
- Ground floor location with easy access (just a few steps)

Nearby Highlights:
- Keauhou Bay offers snorkel tours, kayaking, fishing, volleyball, & more
- Excellent golfing awaits just minutes away at the Kona Country Club
- Keauhou Shopping Center features dining options, boutique shops, a grocery store, & more
- Kahalu'u Beach Park, known for exceptional snorkeling and surfing (& surf lessons), is just a few minutes away

Note: The unit is partially staged. These items are excluded from the sale. A complete inventory will be provided in escrow.

Last Agent to Sell the Property

Penn Henderson

NextHome Paradise Realty Brokerage Phone: 8083456214 License #RS-83962 Listed on: 07/23/2023

NextHome Paradise Realty

Last Buyer's Agent

Sunny Fitz-Gerald

Coldwell Banker Island Properties - Kamuela License #RS-80312

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,057

Year Built

  • Built in 1980

Lot Details

  • Beach Front
  • Stone Wall

HOA Fees

  • $1,534 Monthly HOA Fees

Parking

  • Detached Garage

Property Views

  • Ocean
  • Coastline

Interior Spaces

  • 1,486 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Stacked Washer and Dryer

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Pool

  • Pool and Spa
  • In Ground Pool

Location

  • Ground Level Unit

Utilities

  • Underground Utilities
  • Sewer Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 3780200280122

Community Details

Overview

  • Kanaloa At Kona Community
  • Keauhou Subdivision

Security

  • Security Guard
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,057

Year Built

Built in 1980

Lot Details

0

HOA Fees

$1,534 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Reso Fencing: Stone
  • Road Frontage Type: HIS Rocky Beach
  • ResoSecurityFeatures: Gated Community, Security Guard
  • Attribution Contact: 8083456214
  • Co List Office Phone: 8087315242
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: KEAUHOU SUBDIVISION
  • Living Area: 1486.0
  • Property Attached Yn: Yes
  • Year Built: 1980
  • Tax Year: 2022
  • HIS_PoolYN: Yes
  • Unit Description: Ground Unit, Single Level, Walk-Up
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: Cable
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Cooktop, Microwave, Range, Refrigerator, Washer/Dryer Stacked
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Flooring: Carpet
  • Total Bathrooms: 2

Exterior Features

  • Topography: Fairly Level,Level
  • View: HIS Coastline, HIS Sunset, Ocean, Ocean Horizon
  • Pool Features: In Ground, Outdoor Pool, Pool/Spa Combo
  • Waterfront: Yes
  • Roads: Paved

Garage/Parking

  • Parking Features: Covered, Detached

Utilities

  • Cooling: Cash
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Not Available, Underground Utilities

Condo/Co-op/Association

  • Association Fee: 1534.22
  • Association Fee Frequency: Monthly
  • Project: KANALOA AT KONA

Lot Info

  • Zoning: RM-.75
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3780200280122
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 9056.98

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2023
Closed on
Aug 18, 2023
Sold by
R & T Revocable Living Trust
Bought by
Violet Sunset Llc
Seller's Agent
Penn Henderson
NextHome Paradise Realty
Buyer's Agent
Sunny Fitz-Gerald
Coldwell Banker Island Properties - Kamuela
List Price
$1,265,000
Sold Price
$1,265,000
Current Estimated Value
$1,300,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,363
Avg. Annual Appreciation
1.38%

Purchase Details

Listed on
Jul 9, 2021
Closed on
Oct 1, 2021
Sold by
Us Bank Na
Bought by
Reimers Hugh and R & T Revocable Living Trust
Seller's Agent
Charles Corbe
RE/MAX Brokers
Buyer's Agent
Penn Henderson
NextHome Paradise Realty
List Price
$681,200
Sold Price
$680,000
Premium/Discount to List
-$1,200
-0.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.12%

Purchase Details

Closed on
Sep 14, 2015
Sold by
Manukai 2802 Llc
Bought by
Gieseke W Donald and Estate Of Nathan L Topol

Purchase Details

Closed on
Mar 12, 2007
Sold by
Allen Jeannette Rohrs
Bought by
Topol Nathan and Topol Virginia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$884,250
Interest Rate
6.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 27, 2003
Sold by
Rohrs Marie E
Bought by
Rohrs Marie and Marie E Rohrs Trust

Purchase Details

Closed on
Mar 27, 2000
Sold by
Rohrs Emma Elizabeth
Bought by
Rohrs Emma Elizabeth and Eer Kona Qualified Personal Residence Tr
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Violet Sunset Llc -- Old Republic Title
Reimers Hugh $680,000 None Available
Gieseke W Donald $425,000 First American Title
Topol Nathan $982,520 None Available
Rohrs Marie -- --
Allen Jeannette Rohrs -- --
Allen Jeannette Rohrs -- --
Allen Jeannette Rohrs -- --
Rohrs Emma Elizabeth -- --
Rohrs Russell F -- --
Rohrs Russell F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Topol Nathan $884,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2024 09/24/24 Off Market $1,265,000 -- --
08/22/2023 08/22/23 Sold $1,265,000 0.0% $851 / Sq Ft
08/22/2023 08/22/23 Off Market $1,265,000 -- --
07/05/2023 07/05/23 For Sale $1,265,000 +86.0% $851 / Sq Ft
01/16/2022 01/16/22 Off Market $680,000 -- --
10/18/2021 10/18/21 Sold $680,000 -0.2% $458 / Sq Ft
08/02/2021 08/02/21 Pending -- -- --
07/09/2021 07/09/21 For Sale $681,200 -- $458 / 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 $13,054 $1,043,900 $89,900 $954,000
2024 $13,054 $1,115,700 $89,900 $1,025,800
2023 $10,659 $911,000 $89,900 $821,100
2022 $9,057 $774,100 $89,900 $684,200
2021 $8,721 $745,400 $89,900 $655,500
2020 $8,884 $759,300 $89,900 $669,400
2019 $9,021 $771,000 $89,900 $681,100
2018 $7,986 $682,600 $89,900 $592,700
2017 $5,999 $512,700 $89,900 $422,800
2016 $5,563 $512,700 $89,900 $422,800
2015 $5,630 $425,100 $89,900 $335,200
2014 $5,630 $397,400 $89,900 $307,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 703144

Hawaii Information Service (MLS Hawaii)

APN: 3-7-8-020-028-0122