This is a leasehold property. Experience the magic of Old Hawaii in this beautifully remodeled studio condo at the Kona Islander Inn, located in the heart of historic downtown Kailua-Kona.This stylish, fully updated studio blends modern comfort with classic island charm. Relax in your completely furnished cozy tropical retreat, complete with kitchenette, and a private lanai perfect for morning coffee or evening relaxation.
Just across the street, you’ll find the sparkling blue waters of the Pacific along famous Alii Drive. Swimming, snorkeling, or simply soaking up the views are all nearby. The complex itself exudes a vintage Hawaiian feel, surrounded by lush gardens, a sparkling pool, and swaying palms. Walk right out your door to explore the best of Kailua-Kona! You’re within minutes of oceanfront restaurants, boutique shopping, local markets, live music, and endless activities—from snorkeling cruises to coffee farm tours.
Highlights:
• Completely remodeled studio with modern finishes
• Located in historic downtown Kailua-Kona
• Across the street from the ocean
• Lush tropical grounds with pool, spa & BBQ area
• Walk to shops, dining, and entertainment
• Classic “Old Hawaii” charm with all the comforts of home
Whether you’re seeking a peaceful getaway or an adventure-filled stay, this Kona Islander Inn studio is your perfect home base on the Big Island!
For sale
Price cut: $30K (8/10)
$219,900
75-5776 Kuakini Hwy APT 234, Kailua Kona, HI 96740
0beds
372sqft
Condominium
Built in 1969
-- sqft lot
$216,400 Zestimate®
$591/sqft
$1,288/mo HOA
What's special
Sparkling poolStylish fully updated studioBeautifully remodeled studio condoSwaying palmsSurrounded by lush gardens
- 306 days
- 88
- 3
Zillow last checked:
Listing updated:
Listed by:
Eddie Underwood 8083459797,
Hawaii Coast Realty, LLC
Source: Hawaii Information Service,MLS#: 725059
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 1
- Full bathrooms: 1
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Microwave, Refrigerator
Features
- Flooring: Carpet
- Has fireplace: No
Interior area
- Total structure area: 372
- Total interior livable area: 372 sqft
Property
Parking
- Parking features: Unassigned
Details
- Parcel number: 3750080030094
- 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
- Water: Public
- Utilities for property: Electricity Available, Sewer Connected, Underground Utilities, Water Available
Community & HOA
HOA
- Has HOA: Yes
- HOA fee: $1,288 monthly
Location
- Region: Kailua Kona
Financial & listing details
- Price per square foot: $591/sqft
- Tax assessed value: $228,400
- Annual tax amount: $2,805
- Date on market: 10/27/2025
- Listing terms: Cash
- Ownership: CPR
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
$216,400
$206,000 - $227,000
$1,704/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/10/2026 | Price change | $219,900-12%$591/sqft |
Source: | ||
| 2/23/2026 | Price change | $249,900-5.7%$672/sqft |
Source: | ||
| 10/27/2025 | Listed for sale | $265,000+281.3%$712/sqft |
Source: | ||
| 2/17/2013 | Listing removed | $69,500$187/sqft |
Source: Hawaii Resort Management, Inc. #243246 Report a problem | ||
| 1/24/2013 | Listed for sale | $69,500-29.1%$187/sqft |
Source: Hawaii Resort Management, Inc. #243246 Report a problem | ||
| 5/27/2004 | Sold | $98,000+113%$263/sqft |
Source: Public Record Report a problem | ||
| 12/6/2002 | Sold | $46,000$124/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $228,400 |
| 2024 | $2,805 +41.4% | $228,400 +41.4% |
| 2023 | $1,984 +891.9% | $161,500 +81.3% |
| 2022 | $200 -7.8% | $89,100 +3% |
| 2021 | $217 +44.6% | $86,500 +3% |
| 2020 | $150 -8.9% | $84,000 +2.9% |
| 2019 | $165 +1.4% | $81,600 +3% |
| 2018 | $162 +21.9% | $79,200 +3% |
| 2017 | $133 -79% | $76,900 +2.9% |
| 2016 | $633 | $74,700 +3% |
| 2015 | $633 | $72,500 |
| 2014 | $633 | $72,500 |
Find assessor info on the county website
Monthly payment
Est. payment





