This is a leasehold property.
A true "one-of-a-kind" rarely available find. While the Kona Islander Inn is famed for its cozy studios, this is one of only two 1-bedroom "double units" in the entire complex. A “unicorn” opportunity. Originally the Hotel Manager's Suite, this is the largest condo on-site, offering a premium lifestyle and investment potential that simply cannot be matched.
Situated in the absolute heart of Kailua-Kona, this unit offers a premier walk-to-everything lifestyle just steps from the pier, beaches and the best dining and sunsets on Ali'i Drive. This isn't just a beautiful home; it’s a high-performance vacation rental with a history of stellar reviews and a robust calendar of future bookings already secured. This turnkey property is a proven, high-yield engine ready for the savvy investor.
Fully remodeled with a sleek "Old Hawaiiana" aesthetic, this retreat blends vintage island charm with modern high-end finishes, including a rare full kitchen, a private bedroom with dual entries, a full bathroom, new flooring and split AC system. The oversized lanai overlooks the pool and lush botanical gardens for a front row seat to paradise.
The monthly fees at the Kona Islander Inn are designed for ultimate investor convenience, bundling nearly all carrying costs into a single, predictable structure. The monthly fees include: All Utilities: Electricity, AC, Water, Sewer, and Trash. Connectivity: High-speed Internet and Basic Cable TV. Resort Care: Maintenance of the pool, hot tub, BBQ areas, lush botanical grounds, and exterior building insurance.
The long-term leasehold is secured through 2079, allowing over 52 years of ownership stability. This extended timeline offers the rare advantage of more flexible financing options and long-term security for your investment.
Don't miss your chance to own the largest and most profitable condo in one of Kona’s most popular destination resorts.
For sale
$399,000
75-5776 Kona Islander Gln #208, Kailua Kona, HI 96740
1beds
529sqft
Condominium
Built in 1969
-- sqft lot
$386,800 Zestimate®
$754/sqft
$1,331/mo HOA
What's special
- 136 days
- 68
- 5
Zillow last checked:
Listing updated:
Listed by:
Ann Besson 8083337590,
eXp Realty
Source: Hawaii Information Service,MLS#: 729785
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Appliances
- Included: Microwave, Range, Refrigerator
Features
- Flooring: Hardwood, Laminate
- Has fireplace: No
Interior area
- Total structure area: 529
- Total interior livable area: 529 sqft
Property
Parking
- Parking features: Unassigned
Features
- Pool features: Gunite, In Ground, Outdoor Pool, Pool/Spa Combo, Tile
- Has spa: Yes
Details
- Parcel number: 3750080030018
- 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
- Utilities for property: Cable Available, Electricity Available, Phone Available, Sewer Connected
Community & HOA
HOA
- Has HOA: Yes
- HOA fee: $1,331 monthly
Location
- Region: Kailua Kona
Financial & listing details
- Price per square foot: $754/sqft
- Tax assessed value: $329,700
- Annual tax amount: $4,049
- Date on market: 4/19/2026
- Listing terms: Cash,Conventional
- Ownership: CPR
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
$386,800
$367,000 - $406,000
$1,871/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/17/2026 | Listed for sale | $399,000+2.6%$754/sqft |
Source: | ||
| 6/3/2026 | Listing removed | $389,000$735/sqft |
Source: | ||
| 4/20/2026 | Listed for sale | $389,000$735/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment







