Kona Aliʻi, Unit 512 presents a rare and highly sought-after ownership opportunity in the heart of downtown Kailua-Kona. This exceptional end unit, seldom available in this size and configuration, offers a unique two-level, loft-style layout that sets it apart from the majority of units in the complex. Successfully operated as a Short-Term Vacation Rental (STVR), the property provides outstanding flexibility as an income-producing investment, primary residence, or part-time island retreat.
Spanning two interior levels, the residence features an open and airy floor plan with soaring ceilings, abundant natural light, and a sense of space rarely found in Kona Aliʻi. The end-unit location enhances privacy and light, while the ocean view from the lanai creates the perfect backdrop for morning coffee or evening relaxation with Kona’s signature trade winds.
The condo is thoughtfully equipped with split air conditioning, ensuring comfort throughout both levels. The functional, well-appointed open kitchen offers ample cabinetry and seamlessly connects to the living and dining areas—ideal for entertaining or relaxed everyday living. The lofted upper level adds architectural character and versatility, providing additional living, sleeping, or workspace options.
Location truly defines this property. Kona Aliʻi is perfectly positioned just steps from Aliʻi Drive, the Kailua Pier, ocean activities, dining, shopping, and local entertainment—allowing owners and guests alike to enjoy a fully walkable, car-optional lifestyle. The complex is well maintained and offers a secure environment in one of Kona’s most vibrant settings. Elevator Access Secured as well.
Whether you are seeking a proven STVR performer, a downtown primary residence, or a rare, spacious condo with unique character, Unit 512 stands out as one of the most distinctive offerings in Kona Aliʻi—a true blend of location, lifestyle, and long-term value.
For sale
$795,000
75-5782 Kuakini Hwy APT 512, Kailua Kona, HI 96740
2beds
1,070sqft
Condominium
Built in 1972
-- sqft lot
$769,600 Zestimate®
$743/sqft
$2,225/mo HOA
What's special
Secure environmentExceptional end unitUnique two-level loft-style layoutSoaring ceilingsAbundant natural lightSplit air conditioningFunctional well-appointed open kitchen
- 129 days
- 142
- 5
Zillow last checked:
Listing updated:
Listed by:
Blake C Kessner 8089879295,
Knutson & Associates,
Valerie Bascar-Fernandez 808-990-2667,
Knutson & Associates
Source: Hawaii Information Service,MLS#: 729873
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Zoned
Cooling
- Air Conditioning, Zoned
Appliances
- Included: Dishwasher, Dryer, Microwave Hood, Range, Refrigerator, Washer
Features
- Flooring: Ceramic Tile
- Has fireplace: No
- Common walls with other units/homes: End Unit
Interior area
- Total structure area: 1,070
- Total interior livable area: 1,070 sqft
Property
Parking
- Parking features: Assigned
Features
- Pool features: In Ground, Outdoor Pool
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
Lot
- Topography: Fairly Level,Gentle Slope
Details
- Parcel number: 3750080010048
- Zoning: V-.75
- Special conditions: Fee Simple,Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Condition
- Year built: 1972
Utilities & green energy
- Utilities for property: Cable Available, Electricity Available, Phone Available, Sewer Connected
Community & HOA
Community
- Security: Keyed Elevator
- Subdivision: HIENALOLI 1ST - HIENALOLI 6TH
HOA
- Has HOA: Yes
- HOA fee: $2,225 monthly
Location
- Region: Kailua Kona
Financial & listing details
- Price per square foot: $743/sqft
- Tax assessed value: $650,200
- Annual tax amount: $7,986
- Date on market: 4/23/2026
- Listing terms: 1031 Exchange,Cash,Conventional
- Ownership: CPR
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
$769,600
$731,000 - $808,000
$2,970/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/23/2026 | Listed for sale | $795,000$743/sqft |
Source: | ||
| 3/22/2026 | Listing removed | $795,000$743/sqft |
Source: | ||
| 2/17/2026 | Price change | $795,000-11.2%$743/sqft |
Source: | ||
| 12/19/2025 | Listed for sale | $895,000+86.5%$836/sqft |
Source: | ||
| 5/20/2019 | Sold | $480,000-6.3%$449/sqft |
Source: | ||
| 4/18/2019 | Pending sale | $512,000$479/sqft |
Source: Paradise Found Realty #625159 Report a problem | ||
| 1/24/2019 | Price change | $512,0000%$479/sqft |
Source: Paradise Found Realty #625159 Report a problem | ||
| 1/22/2019 | Price change | $512,012+0%$479/sqft |
Source: Paradise Found Realty #625159 Report a problem | ||
| 1/20/2019 | Listed for sale | $512,000+648.5%$479/sqft |
Source: Paradise Found Realty #625159 Report a problem | ||
| 8/2/1999 | Sold | $68,400$64/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $650,200 +19.1% |
| 2024 | $6,703 +9.6% | $545,700 +9.6% |
| 2023 | $6,117 | $498,000 |
| 2022 | $6,117 +15.8% | $498,000 +15.7% |
| 2021 | $5,284 +6.9% | $430,300 +1.9% |
| 2020 | $4,941 -4.7% | $422,300 |
| 2019 | $5,186 +37.3% | $422,300 +5.9% |
| 2018 | $3,777 +51.6% | $398,600 +29.6% |
| 2017 | $2,492 | $307,600 |
| 2016 | $2,492 | $307,600 +5% |
| 2015 | $2,492 | $292,900 +7% |
| 2014 | $2,492 | $273,800 |
Find assessor info on the county website
Monthly payment
Est. payment







