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Sold for $195,000
  • $195,000

    75-5776 Kona Islander Gln #201, Kailua Kona, HI 96740

    0beds
    372sqft
    Condominium
    Built in 1969
    -- sqft lot
    $187,100 Zestimate®
    $524/sqft
    $1,627 Estimated rent

    Home value

    $187,100

    $159,000 - $221,000

    $1,627/mo

    Zestimate® history
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    $2,414/mo

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    What's special

    Queen bedBbq areaCoffee machineTropical groundsHot tubIsland-style furnishingsFull-size fridge
    This is a leasehold property. Island-Style Studio with Pool View in the Heart of Kailua-Kona – Active Vacation Rental Welcome to Kona Islander Inn Unit 201, a cozy studio unit with a private lanai overlooking the pool and tropical landscaping—perfect for enjoying Kona’s breezes. This leasehold unit is being sold turnkey and is currently an active short-term vacation rental with a strong rental history and future bookings in place. Inside, you’ll find island-style furnishings, a queen bed, TV, AC, and a seating area for relaxing after a beach day. The kitchenette includes a full-size fridge, microwave, and coffee machine. Step outside onto your lanai, complete with a bar-height table and beach gear (chairs, boogie board, beach tent, and cooler)—ready for guest enjoyment. The Kona Islander Inn offers tropical grounds and resort-style amenities including a pool, hot tub, BBQ area, on-site laundry with key card access, and front desk check-in services. Parking is first-come, first-served. Located along vibrant Alii Drive, you’re just a short stroll to beaches, Kailua Pier, restaurants, and shops. Monthly maintenance fees include water, electricity, basic cable, trash, and high-speed internet—making your fixed costs predictable. The lease ends in 2079 with renegotiation scheduled for 2029. Don’t miss this opportunity to own a successful vacation rental or personal getaway in the heart of Kailua-Kona!

    Zillow last checked:

    Listing updated:

    Listed by:

    Soraya Letournel 8083653528,

    COMPASS

    Bought with:

    Kelly A Sakai, RS-83429

    eXp Realty

    Source: Hawaii Information Service,MLS#: 721603MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 0
    • Bathrooms: 1
    • Full bathrooms: 1
    Cooling
    • Air Conditioning
    Appliances
    • Included: Microwave, Refrigerator
    • Laundry: Shared
    Features
    • Flooring: Ceramic Tile
    • Windows: Blinds
    • Has fireplace: No
    Interior area
    • Total structure area: 372
    • Total interior livable area: 372 sqft

    Property

    Parking
    • Parking features: Unassigned
    Features
    • Pool features: In Ground, Pool/Spa Combo
    • Has spa: Yes
    Details
    • Parcel number: 3750080030012
    • Zoning: V-.75
    • 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

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

    Community & HOA

    Community
    • Features: Concierge
    • Security: Smoke Detector(s)
    HOA
    • Has HOA: Yes
    • HOA fee: $1,288 monthly
    Location
    • Region: Kailua Kona

    Financial & listing details

    • Price per square foot: $524/sqft
    • Tax assessed value: $228,400
    • Annual tax amount: $2,805
    • Date on market: 6/21/2025
    • Listing terms: Cash,Conventional
    • Ownership: CPR
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    7/30/2025Sold$195,000-4.9%$524/sqft
    Source: Hawaii Information Service #721603 Report a problem
    7/11/2025Contingent$205,000$551/sqft
    Source: Hawaii Information Service #721603 Report a problem
    6/21/2025Listed for sale$205,000$551/sqft
    Source: Hawaii Information Service #721603 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 96740

    Nearby schools

    GreatSchools rating
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $187,100
    2% more
    +$3,742
    With Zillow Showcase(estimated)
    $190,842
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $187,100
    2% more
    +$3,742
    With Zillow Showcase(estimated)
    $190,842