This is a leasehold property. Many units in this complex are successful vacation rentals. This unit can be sold fully furnished and turnkey if new owner would like to start a vacation rental immediately or make it your own residence, pets allowed at this complex.
This unit is ready to go!
Its walking distance to the beach, town, shopping, dining, grocery stores, post office, banks, and everything that beautiful downtown Kailua-Kona has to offer!
Due to this being a leasehold property, this sale must be cash or a 1031 exchange.
Sold for $127,500
$127,500
74-5618 Palani Rd APT D5, Kailua Kona, HI 96740
1beds
535sqft
Condominium
Built in 1969
-- sqft lot
$127,100 Zestimate®
$238/sqft
$2,150 Estimated rent
Home value
$127,100
$114,000 - $141,000
$2,150/mo
Zestimate® history
Owner options
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$1,275/mo
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Zillow last checked:
Listing updated:
Listed by:
Felicia Frazer-Harms 8089362270,
Coldwell Banker Island Properties - Kona
Bought with:
Kit R Carver, RB-24139
Kona Pacific Realty
Source: Hawaii Information Service,MLS#: 721367
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Appliances
- Included: Microwave, Range, Refrigerator
Features
- Flooring: Carpet
- Has fireplace: No
Interior area
- Total structure area: 535
- Total interior livable area: 535 sqft
Property
Parking
- Parking features: Assigned
Features
- Pool features: In Ground, Outdoor Pool
- Has view: Yes
- View description: City, Garden, Ocean Horizon, Other, Sunset
- Has water view: Yes
- Water view: Ocean
Details
- Parcel number: 3740100360029
- 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, Natural Gas Available, Phone Available, Sewer Connected
Community & neighborhood
Location
- Region: Kailua Kona
- Subdivision: KONA INDUSTRIAL SUBDIVISION
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $706 monthly
Other
Other facts
- Listing terms: 1031 Exchange,Cash,Purchase Money Mortgage
- Ownership: CPR
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2026 | Sold | $127,500-1.5%$238/sqft |
Source:  Hawaii Information Service #721367 Report a problem | ||
| 5/1/2026 | Contingent | $129,500$242/sqft |
Source: Hawaii Information Service #721367 Report a problem | ||
| 3/8/2026 | Listed for sale | $129,500-21.5%$242/sqft |
Source: Hawaii Information Service #721367 Report a problem | ||
| 1/12/2026 | Listing removed | $164,900$308/sqft |
Source: Hawaii Information Service #721367 Report a problem | ||
| 12/10/2025 | Price change | $164,900-5.7%$308/sqft |
Source: Hawaii Information Service #721367 Report a problem | ||
| 8/11/2025 | Price change | $174,900-2.6%$327/sqft |
Source: Hawaii Information Service #721367 Report a problem | ||
| 6/2/2025 | Listed for sale | $179,500+8.8%$336/sqft |
Source: Hawaii Information Service #721367 Report a problem | ||
| 7/23/2024 | Sold | $165,000+73.7%$308/sqft |
Source: Hawaii Information Service #712779 Report a problem | ||
| 3/9/2020 | Sold | $95,000-12.8%$178/sqft |
Source: Hawaii Information Service #634964 Report a problem | ||
| 1/5/2020 | Pending sale | $109,000$204/sqft |
Source: Coldwell Banker Island Properties #634964 Report a problem | ||
| 12/13/2019 | Listed for sale | $109,000+103.7%$204/sqft |
Source: Coldwell Banker Island Properties - Kona #634964 Report a problem | ||
| 7/5/2017 | Sold | $53,500$100/sqft |
Source: Hawaii Information Service #607227 Report a problem | ||
| 6/6/2017 | Pending sale | $53,500$100/sqft |
Source: Hawaii Coast Realty, LLC #607227 Report a problem | ||
| 5/25/2017 | Listed for sale | $53,500+167.5%$100/sqft |
Source: Hawaii Coast Realty, LLC #607227 Report a problem | ||
| 6/9/2014 | Listing removed | $1,150$2/sqft |
Source: Owner Report a problem | ||
| 5/10/2014 | Listed for rent | $1,150$2/sqft |
Source: Owner Report a problem | ||
| 3/11/2014 | Sold | $20,000-14.9%$37/sqft |
Source: Public Record Report a problem | ||
| 1/25/2014 | Price change | $23,500-6%$44/sqft |
Source: Kona Real Estate Management #270321 Report a problem | ||
| 1/8/2014 | Listed for sale | $25,000-74.4%$47/sqft |
Source: Kona Real Estate Management #269768 Report a problem | ||
| 4/20/2004 | Sold | $97,500$182/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $128,700 +5.1% |
| 2024 | $1,505 +151.3% | $122,500 +10.2% |
| 2023 | $599 -49% | $111,200 +16.3% |
| 2022 | $1,174 +26.3% | $95,600 +26.3% |
| 2021 | $930 +2.5% | $75,700 -2.3% |
| 2020 | $907 +28.4% | $77,500 +34.8% |
| 2019 | $706 +197.2% | $57,500 +34.3% |
| 2018 | $238 -46.3% | $42,800 +10.6% |
| 2017 | $442 +10.1% | $38,700 |
| 2016 | $402 | $38,700 |
| 2015 | $402 | $38,700 |
| 2014 | $402 | $38,700 |
Find assessor info on the county website
Neighborhood: 96740
Nearby schools
GreatSchools rating
- 3/10Kealakehe Elementary SchoolGrades: PK-5Distance: 1.9 mi
- 7/10Kealakehe Intermediate SchoolGrades: 6-8Distance: 1.9 mi
- 4/10Kealakehe High SchoolGrades: 9-12Distance: 1.7 mi
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$127,100
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With Zillow Showcase(estimated)
$129,642
- Hawaii
- Hawaii County
- Kailua Kona
- 96740
- 74-5618 Palani Rd Apartment D5
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