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Sold for $99,000
  • $99,000

    74-5618 Palani Rd APT L8, Kailua Kona, HI 96740

    1beds
    515sqft
    Condominium
    Built in 1969
    -- sqft lot
    $98,500 Zestimate®
    $192/sqft
    $2,136 Estimated rent

    Home value

    $98,500

    $85,000 - $114,000

    $2,136/mo

    Zestimate® history
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    $1,067/mo

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    What's special

    Cozy queen-sized bedOcean and pool viewsSparkling swimming poolScreened-in lanaiLush landscapingBrand-new touch-light sleeper sofaFresh island breezes
    This is a leasehold property. Turnkey STVR at Kona Kai with Ocean & Pool Views! 🌊 This fully furnished upstairs condo at Kona Kai is everything you want in a successful vacation rental—and then some. With 465 glowing reviews and a 4.83-star rating, it’s already proven to be a guest favorite. The unit has been tastefully renovated and designed for comfort, featuring A/C, a cozy queen-sized bed, and a brand-new touch-light sleeper sofa that makes hosting guests simple and stylish. Step out to the screened-in lanai and enjoy fresh island breezes with your morning Kona coffee ☕ or relax in the evenings with a cocktail while overlooking the pool and tropical grounds 🌴. Best of all, it’s an upstairs corner unit with its own private stairwell—no shared entry and no one above you. 📍 Location is everything—and here you’re right in the heart of Kailua Kona. Walk to beaches, restaurants, shopping, nightlife, surf, and snorkeling—all just minutes from your door. The pet-friendly Kona Kai complex adds to the appeal with its sparkling swimming pool, shaded BBQ and picnic areas, lush landscaping, and on-site laundry. The monthly maintenance fee covers water, sewer, gas, rubbish service, pool and ground upkeep, and quarterly pest control, so you can enjoy the island lifestyle with ease. Whether you’re looking for an investment property or your own turnkey escape, this Kona Kai condo is ready to welcome you to paradise 🌈.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kendra Powell 8083452899,

    Hawaii Estates LLC

    Bought with:

    Gabriela Markova, RS-86201

    Coldwell Banker Island Properties - Kona

    Source: Hawaii Information Service,MLS#: 724202MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Included: Disposal, Dryer, Microwave, Range, Refrigerator, Washer
    Features
    • Flooring: Carpet, Laminate
    • Windows: Blinds
    • Has fireplace: No
    Interior area
    • Total structure area: 515
    • Total interior livable area: 515 sqft

    Property

    Parking
    • Parking features: Assigned
    Features
    • Levels: Two
    • Pool features: In Ground
    • Has view: Yes
    • View description: Ocean, Ocean Horizon
    • Has water view: Yes
    • Water view: Ocean
    Details
    • Parcel number: 3740100360087
    • 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, Underground Utilities

    Community & neighborhood

    Location
    • Region: Kailua Kona
    • Subdivision: KONA INDUSTRIAL SUBDIVISION

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $625 monthly

    Other

    Other facts
    • Listing terms: Cash
    • Ownership: CPR
    • Road surface type: Paved

    Price history

    DateEventPrice
    2/17/2026Sold$99,000-9.1%$192/sqft
    Source: Hawaii Information Service #724202 Report a problem
    1/25/2026Contingent$108,900$211/sqft
    Source: Hawaii Information Service #724202 Report a problem
    1/5/2026Price change$108,900-8.5%$211/sqft
    Source: Hawaii Information Service #724202 Report a problem
    12/15/2025Price change$119,000-3.6%$231/sqft
    Source: Hawaii Information Service #724202 Report a problem
    11/30/2025Price change$123,500-4.3%$240/sqft
    Source: Hawaii Information Service #724202 Report a problem
    10/27/2025Price change$129,000-3.7%$250/sqft
    Source: Hawaii Information Service #724202 Report a problem
    9/30/2025Listed for sale$134,000+179.2%$260/sqft
    Source: Hawaii Information Service #724202 Report a problem
    8/14/2017Sold$48,000-9.4%$93/sqft
    Source: Hawaii Information Service #608405 Report a problem
    7/2/2017Listed for sale$53,000$103/sqft
    Source: Kona Real Estate Management #608405 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $128,700 +5.1%
    2024$1,505 +10.2%$122,500 +10.2%
    2023$1,366 +16.3%$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 +48.6%$57,500 +34.3%
    2018$475 +7.4%$42,800 +10.6%
    2017$442 +9.6%$38,700
    2016$404 $38,700
    2015$404 $38,700
    2014$404 $38,700

    Find assessor info on the county website

    Neighborhood: 96740

    Nearby schools

    GreatSchools rating
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    $98,500
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    With Zillow Showcase(estimated)
    $100,470