NOT LISTED FOR SALE

78-261 Manukai St Unit 3602 Kailua Kona, HI 96740

Estimated Value: $1,193,673 - $1,438,000

2 Beds
2 Baths
1,486 Sq Ft
$1,135/mo HOA Fee

Last Sold May 26, 2021

Last sale price $985,000 $663 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $9,026/month

13 Days on Market

Highlights

  • Ocean View
  • Waterfront
  • Jogging Path
  • Gated Community
  • Recreation Room
  • Security Guard

About This Home

As of May 2021

ONE OF THE BEST OCEANFRONT LOCATIONS IN KONA ~ Kanaloa at Kona!!!
PREMIUM UNIT & TOP PERFORMING VACATION RENTAL WITH OVER 92 "5 STAR REVIEWS" PLUS $$$ FUTURE VACATION RENTAL INCOME THROUGH 2021 and 2022!!

This luxury Polynesian-style condo is located in the prestigious Kanaloa at Kona, a gated resort community, just 10 minutes south of Kailua-Kona in Keauhou. Relax in this enchanting 2 bedroom 2 bath Masterpiece overlooking Kona's famous He'eia Bay. Renovated to perfection with Hawaiian style accents and beautifully appointed designer decor, this condo will impress even the most discerning buyer. Imagine watching family and friends enjoying water sports right from your lanai. It's also mesmerizing watching the local surfers catching the waves and dolphins frolicking in the bay, they're so close it's quite the show!! It's a MILLION DOLLAR VIEW and located in the most desirable area of Kanaloa.

Features that boast immediate attention include:

*Licensed Vacation Rental with STVR Permit: STVR-19-355157 License: TA-141-634-9696-01
*Raving 5-star guest reviews (over 93 reviews)
*Turnkey furnished with Resort-style Hawaiiana decor
*Beautiful Kitchen with Koa cabinets
*Solid granite and quartz countertops throughout, including kitchen backsplash
*Beautiful modern window coverings
*Recently painted throughout
*Fans and lighting fixtures have been replaced throughout
*Central AC as well as SPLIT AC system in the Primary Bedroom
*Custom designed office in Primary Bedroom
*Tastefully redesigned bathrooms with modern accents

Kanaloa is a Resort-Style complex with 3 separate pool areas, each with a hot tub, bathroom facilities, BBQ's, 2 tennis courts, family area, and a concierge desk which will assist you and your guests.

Last Agent to Sell the Property

Jenni Lee

KW Big Island Brokerage Phone: 8084303022 License #RS-69239 Listed on: 03/16/2021

Last Buyer's Agent

Keala Wall

eXp Realty License #RS-82797

eXp Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,883

Year Built

  • Built in 1980

Lot Details

  • Waterfront
  • Property fronts a private road

HOA Fees

  • $1,135 Monthly HOA Fees

Property Views

  • Ocean
  • Bay

Interior Spaces

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

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Covered Parking
  • Assigned Parking

Utilities

  • Underground Utilities
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 3780200280160

Community Details

Overview

  • Kanaloa At Kona Community
  • Keauhou Subdivision

Recreation

  • Jogging Path
  • Tennis Courts

Security

  • Security Guard
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,883

Year Built

Built in 1980

Lot Details

0

HOA Fees

$1,135 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • ResoCommunityFeatures: Walking/Jogging Path
  • ResoSecurityFeatures: Gated Community, Security Guard
  • Attribution Contact: 8084303022
  • Co List Office Phone: 8085892040
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: KEAUHOU SUBDIVISION
  • Reso Interior Features: Recreation Room
  • Unit Levels: One
  • Living Area: 1486.0
  • Property Attached Yn: Yes
  • Year Built: 1980
  • Tax Year: 2020
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: Cable
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

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

Exterior Features

  • View: Bay, Ocean
  • Waterfront: Yes
  • Exterior Features: Tennis Court(s)
  • Roads: Private

Garage/Parking

  • Parking Features: Assigned, Covered

Utilities

  • Cooling: Cash
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1135.0
  • Association Fee Frequency: Monthly
  • Project: KANALOA AT KONA

Lot Info

  • Zoning: RM-.75
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3780200280160
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 8883.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 2025
Sold by
Pollard Donald R and Pollard Shannon J
Bought by
Pollard Revocable Trust and Pollard
Current Estimated Value
$1,297,418

Purchase Details

Listed on
Mar 16, 2021
Closed on
May 17, 2021
Sold by
Hale Nani Kai Llc
Bought by
Pollard Donald R and Pollard Shannon J
Seller's Agent
Jenni Lee
KW Big Island
Buyer's Agent
Keala Wall
eXp Realty
List Price
$989,500
Sold Price
$985,000
Premium/Discount to List
-$4,500
-0.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.48%

Purchase Details

Listed on
Jul 14, 2014
Closed on
Sep 26, 2014
Sold by
Heutmaker Richard B and Heutmaker Joann M
Bought by
Hale Nani Kai Llc
Seller's Agent
Albert Gulick
LUVA LLC
Buyer's Agent
J. Douglas Beaton
COMPASS
List Price
$799,000
Sold Price
$750,000
Premium/Discount to List
-$49,000
-6.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.18%

Purchase Details

Closed on
Dec 22, 2005
Sold by
Heutmaker Richard Blair and Heutmaker Joann M
Bought by
Heutmaker Richard B and Heutmaker Joann M

Purchase Details

Closed on
May 29, 1998
Sold by
Hfh Partners Lp
Bought by
Heutmaker Richard Blair and Heutmaker Joann Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,600
Interest Rate
5.37%
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
Pollard Revocable Trust -- None Listed On Document
Pollard Revocable Trust -- None Listed On Document
Pollard Donald R $985,000 Tg
Hale Nani Kai Llc $750,000 None Available
Heutmaker Richard B -- --
Heutmaker Richard Blair $354,500 Security Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Heutmaker Richard Blair $275,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/26/2021 05/26/21 Sold $985,000 -0.5% $663 / Sq Ft
03/29/2021 03/29/21 Pending -- -- --
03/16/2021 03/16/21 For Sale $989,500 +31.9% $666 / Sq Ft
10/03/2014 10/03/14 Sold $750,000 -6.1% $505 / Sq Ft View Prior Sale
09/12/2014 09/12/14 Pending -- -- --
07/14/2014 07/14/14 For Sale $799,000 -- $538 / 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 $13,043 $1,043,000 $89,900 $953,100
2024 $13,043 $1,114,800 $89,900 $1,024,900
2023 $13,051 $1,115,500 $89,900 $1,025,600
2022 $11,052 $944,600 $89,900 $854,700
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: 647992

Hawaii Information Service (MLS Hawaii)

APN: 3-7-8-020-028-0160