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For sale
  • $795,000

    75-5782 Kuakini Hwy APT 512, Kailua Kona, HI 96740

    2beds
    1,070sqft
    : 
    $7,405/mo
    Get pre-qualified
    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
    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.
    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#: 729873MLS Logo

      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

        DateEventPrice
        4/23/2026Listed for sale$795,000$743/sqft
        Source: Hawaii Information Service #729873 Report a problem
        3/22/2026Listing removed$795,000$743/sqft
        Source: Hawaii Information Service #726605 Report a problem
        2/17/2026Price change$795,000-11.2%$743/sqft
        Source: Hawaii Information Service #726605 Report a problem
        12/19/2025Listed for sale$895,000+86.5%$836/sqft
        Source: Hawaii Information Service #726605 Report a problem
        5/20/2019Sold$480,000-6.3%$449/sqft
        Source: Hawaii Information Service #625159 Report a problem
        4/18/2019Pending sale$512,000$479/sqft
        Source: Paradise Found Realty #625159 Report a problem
        1/24/2019Price change$512,0000%$479/sqft
        Source: Paradise Found Realty #625159 Report a problem
        1/22/2019Price change$512,012+0%$479/sqft
        Source: Paradise Found Realty #625159 Report a problem
        1/20/2019Listed for sale$512,000+648.5%$479/sqft
        Source: Paradise Found Realty #625159 Report a problem
        8/2/1999Sold$68,400$64/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 96740

        Getting around

        64 / 100
        Somewhat Walkable
        58 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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