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For sale
  • Price cut: $6K (7/30)
    $199,000

    75-5776 Kona Islander Gln #328, Kailua Kona, HI 96740

    0beds
    372sqft
    : 
    $2,160/mo
    Get pre-qualified
    Condominium
    Built in 1969
    -- sqft lot
    $189,800 Zestimate®
    $535/sqft
    $837/mo HOA

    What's special

    Sparkling poolBbq grillsHot tubSecond-floor studioWarm island-inspired interiorsLush tropical gardensSwaying palms
    This is a leasehold property. This active Short-Term Vacation Rental at the Kona Islander Inn has a documented booking history and steps into your portfolio on day one. Perfectly positioned in the heart of Kailua Village, this 372 sqft studio delivers the authentic Kona lifestyle in one of the most walkable locations on the Big Island. Guests walk to everything: waterfront dining, boutique shops, manta ray night dives, and the iconic energy of Alii Drive. No car needed. Resort-style amenities, a sparkling pool, hot tub, lush tropical gardens, BBQ grills, and a front desk team that handles guest check-ins and check-outs, keeping reviews strong and guests coming back. Whether you're building a portfolio or searching for your own piece of paradise, this turnkey opportunity checks every box. Unit 328 is a second-floor studio in the Lanai building, where swaying palms and the shimmer of the pool below greet you from your private lanai, one of the most serene settings in the complex. Inside, warm island-inspired interiors strike the perfect balance between comfort and style. The bright, open layout flows seamlessly to the lanai, where lush tropical garden views make it easy to linger over morning coffee or an evening glass of wine. Offered furnished and move-in ready. Monthly maintenance fees cover water, electricity, trash service, basic cable, and high-speed internet.
    101 days
    172
    7

    Zillow last checked:

    Listing updated:

    Listed by:

    Stacy A. Spilman 8087659766,

    COMPASS

    Source: Hawaii Information Service,MLS#: 730580MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 0
      • Bathrooms: 1
      • Full bathrooms: 1
      Cooling
      • Wall/Window Unit(s)
      Appliances
      • Included: Dryer, Microwave, Refrigerator, Washer
      • Laundry: Common Area, Shared
      Features
      • Flooring: Carpet
      • 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
      • Has view: Yes
      • View description: Garden
      • Waterfront features: Ocean Front
      • Frontage type: Almost Oceanfront
      Lot
      • Features: Landscaped
      Details
      • Parcel number: 3750080030072
      • 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: $837 monthly
      Location
      • Region: Kailua Kona

      Financial & listing details

      • Price per square foot: $535/sqft
      • Tax assessed value: $275,800
      • Annual tax amount: $3,387
      • Date on market: 5/23/2026
      • Listing terms: 1031 Exchange,Cash,Conventional
      • Ownership: CPR
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $189,800

        $180,000 - $199,000

        $1,627/mo

        Price history

        DateEventPrice
        7/30/2026Price change$199,000-2.9%$535/sqft
        Source: Hawaii Information Service #730580 Report a problem
        5/23/2026Listed for sale$205,000$551/sqft
        Source: Hawaii Information Service #730580 Report a problem

        Public tax history

        Tax history is unavailable.

        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.
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        Climate risks

        Neighborhood: 96740

        Getting around

        73 / 100
        Very Walkable
        45 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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