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For sale
    • $180,000

    74-5618 Palani Rd APT F7, Kailua Kona, HI 96740

    2beds
    614sqft
    : 
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    Condominium
    Built in 1969
    -- sqft lot
    $152,800 Zestimate®
    $293/sqft
    $754/mo HOA

    What's special

    Ocean viewsCommunity poolFully furnished condo
    This is a leasehold property. Discover island living in this beautifully updated, turnkey 2-bedroom, 1-bath condominium ideally located in the heart of Kailua-Kona. Enjoy ocean views and an unbeatable location just moments from the iconic Ironman finish line, Kona Pier, local markets, grocery stores, restaurants, shopping, and the sparkling Pacific Ocean. Currently operating as a successful vacation rental, this fully furnished condo presents an excellent opportunity for investors seeking income potential or buyers looking for their own private island getaway. Thoughtfully updated and move-in ready, it offers the perfect blend of comfort, convenience, and the Kona lifestyle. Residents and guests enjoy access to a community pool, and the monthly maintenance fee includes water, sewer, gas, trash service, landscaping, pool maintenance, and quarterly pest control. For added convenience, the property features newly installed coin-operated washers and dryers. Whether you're searching for a Hawaii retreat, a vacation rental investment, or both, this centrally located condo is ready to welcome you. 🌺
    16 days
    |
    2,645
    |
    120
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Lori McNeel 8082057720,

    First Island Realty, LLC

    Source: Hawaii Information Service,MLS#: 730692MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Appliances
      • Included: Dishwasher, Microwave, Range, Refrigerator
      Features
      • Flooring: Carpet
      • Has fireplace: No
      Interior area
      • Total structure area: 614
      • Total interior livable area: 614 sqft

      Property

      Parking
      • Parking features: Assigned
      Features
      • Pool features: Gunite
      Lot
      • Features: Grassy
      • Topography: Gentle Slope
      Details
      • Parcel number: 3740100360046
      • 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: $293/sqft
      • Tax assessed value: $148,300
      • Annual tax amount: $1,821
      • Date on market: 6/18/2026
      • Listing terms: 1031 Exchange,Cash
      • Ownership: CPR
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $152,800

        $131,000 - $177,000

        $2,417/mo

        Price history

        DateEventPrice
        6/18/2026Listed for sale$180,000+13.2%$293/sqft
        Source: Hawaii Information Service #730692 Report a problem
        11/19/2024Sold$159,000$259/sqft
        Source: Hawaii Information Service #712753 Report a problem
        9/27/2024Price change$159,000-9.1%$259/sqft
        Source: Hawaii Information Service #712753 Report a problem
        9/6/2024Listed for sale$175,000-7.4%$285/sqft
        Source: Hawaii Information Service #712753 Report a problem
        8/14/2024Listing removed$189,000-20.9%$308/sqft
        Source: Hawaii Information Service #639640 Report a problem
        10/11/2021Sold$239,000$389/sqft
        Source: Hawaii Information Service #654407 Report a problem
        9/30/2021Pending sale$239,000$389/sqft
        Source: Hawaii Information Service #654407 Report a problem
        9/20/2021Contingent$239,000$389/sqft
        Source: Hawaii Information Service #654407 Report a problem
        9/17/2021Listed for sale$239,000+26.5%$389/sqft
        Source: Hawaii Information Service #654407 Report a problem
        6/5/2021Listing removed--
        Source: Hawaii Information Service #639640 Report a problem
        3/3/2021Listing removed$189,000$308/sqft
        Source: Hawaii Information Service #639640 Report a problem
        1/4/2021Contingent$189,000$308/sqft
        Source: Hawaii Information Service #639640 Report a problem
        1/4/2021Pending sale$189,000$308/sqft
        Source: Hawaii Real Estate Group LLC #639640 Report a problem
        10/11/2020Price change$189,000-3.1%$308/sqft
        Source: Hawaii Real Estate Group LLC #639640 Report a problem
        6/7/2020Listed for sale$195,000$318/sqft
        Source: Hawaii Real Estate Group LLC #639640 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $148,300 +5%
        2024$1,734 +9.9%$141,200 +9.9%
        2023$1,578 +16.2%$128,500 +16.2%
        2022$1,359 +26.1%$110,600 +26.1%
        2021$1,077 +2.4%$87,700 -2.4%
        2020$1,052 +28%$89,900 +34.4%
        2019$822 +47.4%$66,900 +33.5%
        2018$558 +7.4%$50,100 +10.4%
        2017$519 +9.6%$45,400
        2016$474 $45,400
        2015$474 $45,400
        2014$474 $45,400

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 96740

        Getting around

        65 / 100
        Somewhat Walkable
        40 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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