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For sale
  • $499,000

    75-5681 Kuakini Hwy APT 303, Kailua Kona, HI 96740

    1beds
    753sqft
    : 
    $3,982/mo
    Get pre-qualified
    Condominium
    Built in 1974
    -- sqft lot
    $481,600 Zestimate®
    $663/sqft
    $765/mo HOA

    What's special

    Peek-a-boo ocean viewsBbq areaCommunity poolKona sunsetsTropical surroundingsCeiling fans throughoutUpdated lighting
    Kalanikai 303 offers a rare combination of ocean proximity, thoughtful renovation, established short-term rental income, and a highly walkable location in Kailua-Kona. Set on the top floor of a concrete building surrounded by mature tropical landscaping, this 753-square-foot, one-bedroom, one-bath residence is positioned to capture natural light, cooling trade winds, and views across Kona town to the Pacific. The unit underwent extensive updates before being operated as a vacation rental in 2022, resulting in an interior that feels both polished and comfortable. The kitchen features quartzite countertops, custom cabinetry, a subway tile backsplash, pendant lighting, and newer appliances. In the bath, golden moon granite, updated lighting, a deep soaking tub, and generous closet space add an elevated finish. The living area flows directly to the covered lanai, an inviting spot to enjoy peek-a-boo ocean views, tropical surroundings, and Kona sunsets. The condo is equipped for both full-time living and vacation use, with a full-size front-loading washer and dryer, abundant storage, air conditioning in the living room, and ceiling fans throughout. Most furnishings, linens, and guest amenities are included, providing the next owner with the flexibility to continue the existing rental operation or enjoy the residence as a personal Kona retreat. Monthly maintenance fees include solar-generated electricity, water, Wi-Fi, cable, landscaping, resident manager services, exterior maintenance, sewer, refuse, and use of the community pool and BBQ area. The property is pet-friendly with board approval for one dog under 25 pounds or up to two cats. From Kalanikai, Kailua Pier, Kamakahonu Beach, the farmers market, Aliʻi Drive restaurants, shops, and the heart of historic Kailua Village are all within easy reach. Whether used as a vacation rental, a convenient Kona home base, or a combination of both, Kalanikai 303 is ready to enjoy from day one.
    13 days
    295
    14

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Penn Henderson 8083456214,

    COMPASS,

    Gretchen Burgess 949-244-3480,

    COMPASS

    Source: Hawaii Information Service,MLS#: 732493MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      Appliances
      • Included: Dishwasher, Disposal, Microwave Hood, Range, Refrigerator
      Features
      • Flooring: Carpet
      • Has fireplace: No
      Interior area
      • Total structure area: 753
      • Total interior livable area: 753 sqft

      Property

      Parking
      • Parking features: Assigned
      Features
      • Pool features: In Ground
      • Fencing: Stone
      • Has view: Yes
      • View description: City, Garden, Ocean, Sunset
      • Has water view: Yes
      • Water view: Ocean
      Lot
      • Topography: Gentle Slope
      Details
      • Parcel number: 3750040200047
      • Zoning: V-1.25
      • Special conditions: Fee Simple,Standard

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Condition
      • Year built: 1974

      Utilities & green energy

      • Utilities for property: Cable Available, Electricity Available, Phone Available, Sewer Connected, Underground Utilities

      Community & HOA

      Community
      • Subdivision: LANIHAU 1ST - HIENALOLI 1ST
      HOA
      • Has HOA: Yes
      • HOA fee: $765 monthly
      Location
      • Region: Kailua Kona

      Financial & listing details

      • Price per square foot: $663/sqft
      • Tax assessed value: $387,700
      • Annual tax amount: $4,762
      • Date on market: 8/17/2026
      • Listing terms: 1031 Exchange,Cash,Conventional
      • Ownership: CPR
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $481,600

        $458,000 - $506,000

        $2,158/mo

        Price history

        DateEventPrice
        8/17/2026Listed for sale$499,000+6.2%$663/sqft
        Source: Hawaii Information Service #732493 Report a problem
        1/19/2022Sold$470,000+9.6%$624/sqft
        Source: Hawaii Information Service #656793 Report a problem
        12/18/2021Contingent$429,000$570/sqft
        Source: Hawaii Information Service #656793 Report a problem
        12/14/2021Listed for sale$429,000+232.6%$570/sqft
        Source: Hawaii Information Service #656793 Report a problem
        12/13/2002Sold$129,000$171/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2014$214 $92,500 +3%
        2013$214 +9.8%$89,800
        2012$195 -1.6%$89,800 -5.1%
        2011$198 -41.5%$94,600 -7.4%
        2010$339 +1%$102,200 -18.6%
        2009$335 +10.6%$125,500 +3%
        2008$303 $121,800 +3%
        2007$303 -27.8%$118,200 +3%
        2006$420 $114,800 +3%
        2005$420 $111,500
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 96740

        Getting around

        73 / 100
        Very Walkable
        50 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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