This is a leasehold property.
Enjoy the convenience of in-town living at the Kona Islander Inn. This turnkey, leasehold studio is currently operating as a successful short-term vacation rental and features a private lanai overlooking the pool area, and beautifully maintained tropical landscaping.
The unit offers a blend of modern and island-style furnishings, air conditioning, blackout drapes, a kitchenette, and everything needed for a comfortable island getaway. Resort amenities include a pool, hot tub, BBQ area, parking lot, trash service, and on-site laundry.
Ideally located along Ali‘i Drive, the Kona Islander Inn is just a short walk to the ocean, Kailua-Kona town, restaurants, shops, and popular attractions. Monthly HOA fees include leasehold rent, water, electricity, basic cable, trash, and high-speed internet. Lease runs through 2079 with renegotiation scheduled for 2029. Buyers utilizing lending are welcome to submit offers.
For sale
$280,000
75-5776 Kona Islander Inn 201, Kailua Kona, HI 96740
0beds
372sqft
:
Get pre-qualified$2,865/mo
Condominium
Built in 1969
-- sqft lot
$271,500 Zestimate®
$753/sqft
$1,041/mo HOA
What's special
Beautifully maintained tropical landscapingModern and island-style furnishingsBlackout drapesAir conditioning
- 24 days |
- 284 |
- 9 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Kelly A Sakai 8089360249,
eXp Realty
Source: Hawaii Information Service,MLS#: 731984
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 1
- 3/4 bathrooms: 1
Cooling
- Air Conditioning, Wall/Window Unit(s)
Appliances
- Included: Electric Cooktop, Freezer, Microwave, Refrigerator
- Laundry: Common Area
Features
- Private Restroom
- Flooring: Ceramic Tile
- Windows: Drapes
- Has fireplace: No
Interior area
- Total structure area: 372
- Total interior livable area: 372 sqft
Property
Parking
- Parking features: Unassigned
Features
- Exterior features: Lighting
- Pool features: In Ground, Pool/Spa Combo
- Has spa: Yes
- Has view: Yes
- View description: Garden, Other
Lot
- Features: Landscaped
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
- Utilities for property: Cable Available, Electricity Available, Sewer Connected
Community & HOA
HOA
- Has HOA: Yes
- HOA fee: $1,041 monthly
Location
- Region: Kailua Kona
Financial & listing details
- Price per square foot: $753/sqft
- Tax assessed value: $164,900
- Annual tax amount: $2,805
- Date on market: 7/17/2026
- Listing terms: Cash,Conventional
- Ownership: CPR
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
$271,500
$258,000 - $285,000
$1,766/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/17/2026 | Listed for sale | $280,000$753/sqft |
Source: eXp Realty #731984 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 96740
Nearby schools
GreatSchools rating
- 4/10Kahakai Elementary SchoolGrades: PK-5Distance: 1.7 mi
- 7/10Kealakehe Intermediate SchoolGrades: 6-8Distance: 2.3 mi
- 4/10Kealakehe High SchoolGrades: 9-12Distance: 2.3 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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