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.
For sale
Price cut: $6K (7/30)
$199,000
75-5776 Kona Islander Gln #328, Kailua Kona, HI 96740
0beds
372sqft
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
- 101 days
- 172
- 7
Zillow last checked:
Listing updated:
Listed by:
Stacy A. Spilman 8087659766,
COMPASS
Source: Hawaii Information Service,MLS#: 730580
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
| Date | Event | Price |
|---|---|---|
| 7/30/2026 | Price change | $199,000-2.9%$535/sqft |
Source: | ||
| 5/23/2026 | Listed for sale | $205,000$551/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment






