This is a leasehold property. Enjoy exceptional ocean and horizon views above Kailua Bay from this well-located 2-bedroom, 1-bathroom unit. Positioned on the second floor directly behind the pool area, the unit enjoys unobstructed views and refreshing breezes with no building immediately in front.
Inside, the unit features spacious bedrooms and a locking pantry for convenient owner storage. The flexible layout allows the unit to be rented as a two-bedroom or as a one-bedroom, with the second bedroom secured for owner privacy and personal belongings.
Ideally located for enjoying the Kona lifestyle, the property is within easy walking distance of the beach, restaurants, shopping, and other nearby amenities. The unit also has an active Short-Term Vacation Rental (STVR) permit, providing flexibility for personal use, vacation rental income, or a combination of both.
HOA maintenance fees include water, sewer, trash, gas for the range and hot water, common area maintenance, pool maintenance, and quarterly pest control.
For sale
$165,000
74-5618 Palani Rd APT A2, Kailua Kona, HI 96740
2beds
616sqft
Condominium
Built in 1969
-- sqft lot
$158,600 Zestimate®
$268/sqft
$754/mo HOA
What's special
Unobstructed viewsRefreshing breezesSpacious bedroomsFlexible layout
- 16 days
- 686
- 34
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Trey Michael Livingston 8087564228,
Livingston Realty
Source: Hawaii Information Service,MLS#: 733403
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
- Laundry: Shared
Features
- Flooring: Carpet
- Has fireplace: No
Interior area
- Total structure area: 616
- Total interior livable area: 616 sqft
Property
Parking
- Parking features: Assigned
Features
- Levels: Two
- Pool features: Gunite, In Ground, Outdoor Pool
- Has view: Yes
- View description: Ocean, Ocean Horizon
- Has water view: Yes
- Water view: Ocean
Details
- Parcel number: 3740100360002
- Zoning: CV-10
- Special conditions: Leasehold,Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Condition
- Year built: 1969
Utilities & green energy
- Utilities for property: Cable Available, Electricity Available, Phone Available, Sewer Connected
Community & HOA
Community
- Subdivision: KONA INDUSTRIAL SUBDIVISION
HOA
- Has HOA: Yes
- HOA fee: $754 monthly
Location
- Region: Kailua Kona
Financial & listing details
- Price per square foot: $268/sqft
- Tax assessed value: $105,800
- Annual tax amount: $1,299
- Date on market: 10/17/2026
- Listing terms: 1031 Exchange,Cash
- Ownership: CPR
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
$158,600
$151,000 - $167,000
$2,336/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/17/2026 | Listed for sale | $165,000+3.8%$268/sqft |
Source:  Hawaii Information Service #733403 Report a problem | ||
| 1/27/2025 | Listing removed | $159,000$258/sqft |
Source: Hawaii Information Service #714401 Report a problem | ||
| 12/16/2024 | Price change | $159,000-3.6%$258/sqft |
Source: Hawaii Information Service #714401 Report a problem | ||
| 11/13/2024 | Listed for sale | $164,900-19.2%$268/sqft |
Source: Hawaii Information Service #714401 Report a problem | ||
| 9/22/2022 | Listing removed | $204,000$331/sqft |
Source: Hawaii Information Service #662898 Report a problem | ||
| 9/1/2022 | Price change | $204,000-5.1%$331/sqft |
Source: Hawaii Information Service #662898 Report a problem | ||
| 6/22/2022 | Listed for sale | $215,000+124%$349/sqft |
Source: Hawaii Information Service #662898 Report a problem | ||
| 11/15/2019 | Sold | $96,000-12.7%$156/sqft |
Source: Hawaii Information Service #630968 Report a problem | ||
| 8/2/2019 | Listed for sale | $110,000+144.4%$179/sqft |
Source: Clark Realty - Kona #630968 Report a problem | ||
| 9/26/2014 | Sold | $45,000+16.9%$73/sqft |
Source: Hawaii Information Service #274994 Report a problem | ||
| 5/25/2011 | Sold | $38,500-3.5%$63/sqft |
Source: Public Record Report a problem | ||
| 4/6/2011 | Price change | $39,900-11.1%$65/sqft |
Source: RE/MAX BROKERS #241810 Report a problem | ||
| 3/23/2011 | Price change | $44,900-10%$73/sqft |
Source: RE/MAX BROKERS #241810 Report a problem | ||
| 3/17/2011 | Price change | $49,900-5%$81/sqft |
Source: RE/MAX BROKERS #241810 Report a problem | ||
| 3/4/2011 | Listed for sale | $52,500+6.6%$85/sqft |
Source: RE/MAX BROKERS #241810 Report a problem | ||
| 1/7/2011 | Sold | $49,230-61.8%$80/sqft |
Source: Public Record Report a problem | ||
| 5/31/2006 | Sold | $129,000+61.3%$209/sqft |
Source: Public Record Report a problem | ||
| 11/19/2003 | Sold | $80,000+75.8%$130/sqft |
Source: Public Record Report a problem | ||
| 3/2/1999 | Sold | $45,500$74/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,809 +5% | $147,300 +5% |
| 2024 | $1,723 +10% | $140,300 +10% |
| 2023 | $1,566 +16.1% | $127,500 +16.1% |
| 2022 | $1,349 +26.1% | $109,800 +26.1% |
| 2021 | $1,070 +2.4% | $87,100 -2.5% |
| 2020 | $1,045 +27.9% | $89,300 +34.3% |
| 2019 | $817 +47.4% | $66,500 +33.3% |
| 2018 | $554 +7.4% | $49,900 +10.6% |
| 2017 | $516 +9.6% | $45,100 |
| 2016 | $470 | $45,100 |
| 2015 | $470 | $45,100 |
| 2014 | $470 | $45,100 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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