$599,000
$50K PRICE DROP

78-7054 Kamehameha III Rd Unit 803 Kailua Kona, HI 96740

Estimated payment $4,377/month

Total Views 16,350
1 Bed
2 Baths
878 Sq Ft
$682 Price per Sq Ft

Highlights

  • Ocean View
  • End Unit
  • Tankless Water Heater
  • In Ground Pool
  • Interior Lot
  • Ceramic Tile Flooring

About This Home

MOVE-IN READY TOP-FLOOR, END UNIT WITH GOLF COURSE AND OCEAN VIEWS.

This updated, well-maintained unit in picturesque Keauhou Palena perfectly captures island life. Fully furnished with unobstructed views of championship Kona Country Club golf course plus peek-a-boo ocean views framed by coconut trees.

Key Features:

Guest sleeping area with full second bath—queen bed folds into cabinet.
Tastefully remodeled bathrooms (2024) with quartz vanities and porcelain tile.
Spacious west-facing covered lanai (195 sq ft)—perfect for lounging, dining, sunsets and golfing views.
Luxury vinyl plank flooring in living/bedroom (2018).
Well-appointed kitchen with quartz countertops and oak cabinetry.
Recessed lighting and upgraded electrical (2019).
Quiet, efficient split A/C units (2019).
Tankless hot water heater (2021).

Community Amenities:

HOA $967/month includes water, trash, cable, internet, landscaping, exterior building and pool maintenance, insurance.
Vacation rental permitted—excellent investment opportunity.
Heated pool, fitness room, dedicated and guest parking.
Memorial garden for community events.
Certified service animals permitted.

Prime Location: Walking distance to Keauhou Shopping Center, free transit stop, Keauhou Bay water sports, historic Ali'i Drive, and shoreline sunset viewing. Short drives: Downtown Kailua-Kona (7 miles), Kona Airport (14 miles).
Your gateway to Hawaiian lifestyle—primary residence, vacation retreat, or investment property.

Listing Agent

Sue Brown

Sue Brown Realty and Associates Brokerage Phone: 8089367588 License #RB-20413 Listed on: 02/17/2025

Co-Listing Agent

Hilary Brown

Sue Brown Realty and Associates Brokerage Phone: 8089367588 License #RS-61464

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,213

Year Built

  • Built in 1977

Lot Details

  • Property fronts a county road
  • End Unit
  • Landscaped
  • Gentle Sloping Lot

HOA Fees

  • $967 Monthly HOA Fees

Parking

  • Assigned Parking

Property Views

  • Ocean
  • Golf Course

Home Design

  • Wood Frame Construction
  • Double Stud Wall

Interior Spaces

  • 878 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Stacked Washer and Dryer

Kitchen

  • Convection Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Home Security

Pool

  • In Ground Pool
  • Gunite Pool

Utilities

  • Zoned Heating and Cooling
  • Underground Utilities
  • Tankless Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 3780100320031

Community Details

Overview

  • 4 Units
  • Keauhou Palena Community

Pet Policy

  • No Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,213

Year Built

Built in 1977

Lot Details

0

HOA Fees

$967 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Reso Fencing: None
  • ResoLotFeatures: Interior Lot, Landscaped, See Remarks
  • Road Frontage Type: Road/Street
  • ResoSecurityFeatures: Key, Smoke Detector(s)
  • Co List Office Mls Id: 22027
  • Co List Office Phone: 8089367588
  • Attribution Contact: 8089367588
  • Co List Office Phone: 8089367588
  • Ownership: CPR
  • MLS Status: A
  • Unit Levels: Two
  • Living Area: 878.0
  • Property Attached Yn: Yes
  • Reso Window Features: Blinds
  • Year Built: 1977
  • Tax Year: 2024
  • HIS_PoolYN: Yes
  • Unit Description: End Unit, Even Number Unit, Multi-Story, Walk-Up
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: Cable
  • HIS_WaterHeater: Tankless
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Convection Oven, Dishwasher, Disposal, Microwave, Microwave Hood, Oven, Washer/Dryer Stacked
  • Total Bedrooms: 1
  • Full Bathrooms: 2
  • Flooring: Ceramic Tile, Vinyl
  • Stories: 2
  • Total Bathrooms: 2
  • Design: Double Wall, Wood Frame

Exterior Features

  • Topography: Gentle Slope
  • View: Golf Course, Ocean
  • Pool Features: Gunite, In Ground
  • Waterfront: No
  • Exterior Features: Lighting
  • Roads: County, Paved

Garage/Parking

  • Parking Features: Assigned

Utilities

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

Condo/Co-op/Association

  • Association Fee: 967.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: No
  • Project: Keauhou Palena

Lot Info

  • Zoning: RM-2
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3780100320031

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 1213.21

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

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 $1,213 $326,900 $83,500 $243,400
2024 $1,213 $317,400 $83,500 $233,900
2023 $1,209 $308,200 $83,500 $224,700
2022 $1,226 $299,200 $83,500 $215,700
2021 $1,183 $290,500 $83,500 $207,000
2020 $1,144 $282,500 $83,500 $199,000
2019 $1,144 $282,500 $83,500 $199,000
2018 $3,147 $269,000 $83,500 $185,500
2017 $2,644 $226,000 $83,500 $142,500
2016 $2,435 $224,400 $83,500 $140,900
2015 $2,072 $199,700 $83,500 $116,200
2014 $2,072 $199,700 $83,500 $116,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2025 07/31/25 Price Changed $599,000 -4.2% $682 / Sq Ft
06/17/2025 06/17/25 Price Changed $625,000 -2.2% $712 / Sq Ft
05/17/2025 05/17/25 Price Changed $639,000 -1.5% $728 / Sq Ft
02/17/2025 02/17/25 For Sale $649,000 +104.7% $739 / Sq Ft
01/05/2018 01/05/18 Sold $317,000 -0.9% $361 / Sq Ft
11/03/2017 11/03/17 Pending -- -- --
10/23/2017 10/23/17 For Sale $319,900 -- $364 / Sq Ft
Source: Hawaii Information Service (MLS Hawaii)

Purchase History

Date Type Sale Price Title Company
Limited Warranty Deed $44,100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $46,500 Credit Line Revolving
Source: Public Records

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Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 717948

Hawaii Information Service (MLS Hawaii)

APN: 3-7-8-010-032-0031