This is a leasehold property.
Already performing and ready for its next owner. This active Short-Term Vacation Rental at the Kona Islander Inn brings a documented booking history to your portfolio on day one, with no guesswork and no waiting to see if the numbers work. They already do.
Situated in the heart of Kailua Village, this 372 sqft studio puts guests exactly where they want to be: steps from Ali'i Drive waterfront, walkable to some of the best dining and boutique shopping on the Big Island, and moments from manta ray night dives, Kona Pier, and the kind of sunset happy hours that make people extend their trips. No car needed. Resort-style amenities with a sparkling pool, hot tub, lush tropical gardens, BBQ grills, and a professional front desk team managing every check-in and check-out, keeping guests comfortable, reviews glowing, and the calendar full.
Then there's Unit 337 itself. Perched on the third floor of the Oahu building, the elevated position offers a sense of privacy and quiet that's hard to come by in the heart of Kailua Village. The covered lanai is generous and private, framed by swaying palms and the soft rustle of trade winds through the tropical canopy. Inside, Unit 337 offers something rare among Kona Islander Inn studios: an open, airy floor plan that flows freely between the living area and kitchenette, without the dividing wall found in most units. The result is a space that feels meaningfully larger than its square footage suggests, is easier to move through, is more inviting to come home to, and is noticeably more appealing to guests who've stayed in other units at the property. Warm neutral tones and tile floors set a relaxed island mood. Offered furnished and move-in ready.
Monthly maintenance fees cover water, electricity, trash service, basic cable, and high-speed internet.
For sale
Price cut: $26K (7/30)
$199,000
75-5776 Kuakini Hwy APT 337, Kailua Kona, HI 96740
0beds
372sqft
Condominium
Built in 1969
-- sqft lot
$195,100 Zestimate®
$535/sqft
$837/mo HOA
What's special
- 98 days
- 239
- 4
Zillow last checked:
Listing updated:
Listed by:
Stacy A. Spilman 8087659766,
COMPASS
Source: Hawaii Information Service,MLS#: 730577
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: 3750080030105
- 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: Electricity 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
$195,100
$185,000 - $205,000
$1,627/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/30/2026 | Price change | $199,000-11.6%$535/sqft |
Source: | ||
| 5/23/2026 | Listed for sale | $225,000+60.7%$605/sqft |
Source: | ||
| 6/27/2018 | Sold | $140,000$376/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment







