This is a leasehold property. Long-term lease expiring in 2079! Fully renovated & Fully furnished Active STVR in Prime Kailua-Kona Location! This beautifully updated studio at Kona Islander Inn offers an exceptional opportunity to own an affordable Hawaiian getaway with established short-term vacation rental potential. Located in a designated Vacation Zone and just steps from the shoreline, dining, shopping, and popular Kona attractions, this third-floor condo is ideally positioned for both personal enjoyment and investment use.
The thoughtfully renovated interior features modern tropical finishes, comfortable furnishings, and a welcoming resort-inspired atmosphere. Step outside to your private lanai overlooking the lush grounds and pool area—an ideal spot for morning coffee or winding down after a day of island adventures.
Kona Islander Inn offers a relaxed vacation setting with a swimming pool, jacuzzi, BBQ areas, and onsite laundry. The convenient location puts you close to ocean activities, restaurants, entertainment, and everything downtown Kailua-Kona has to offer.
As a leasehold property, this studio provides an opportunity to enter the Kona market at a potentially lower price point while enjoying the benefits of a vacation-oriented location. Whether you're looking for a personal island retreat, a potential income-producing STVR, or a combination of both, this turnkey studio is worth a look.
HOA fee includes water, internet, trash, TV and electricity!
For sale
$220,000
75-5776 Kona Islander Inn 305, Kailua Kona, HI 96740
0beds
372sqft
Condominium
Built in 1969
-- sqft lot
$-- Zestimate®
$591/sqft
$837/mo HOA
What's special
Swimming poolBbq areasModern tropical finishesWelcoming resort-inspired atmosphereThoughtfully renovated interiorBeautifully updated studioComfortable furnishings
- 1 day
- 139
- 11
Zillow last checked:
Listing updated:
Listed by:
Bherin Brown 8088188127,
KW Big Island
Source: Hawaii Information Service,MLS#: 732948
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 1
- Full bathrooms: 1
Cooling
- Air Conditioning, Wall/Window Unit(s)
Appliances
- Included: Dryer, Microwave, Refrigerator, Washer
- Laundry: Shared
Features
- Flooring: Vinyl
- 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
- Has view: Yes
- View description: Garden, Ocean, Sunset
- Has water view: Yes
- Water view: Ocean
Details
- Parcel number: 3750080030025
- 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: $591/sqft
- Tax assessed value: $198,500
- Annual tax amount: $2,438
- Date on market: 8/29/2026
- Listing terms: 1031 Exchange,Cash,Conventional
- Ownership: CPR
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/29/2026 | Listed for sale | $220,000$591/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment






