Your Kona Dream Awaits! TurnKey Condo at Malia Kai.
Sip your morning coffee with a glimpse of the Pacific, enjoy the pool or ocean all before breakfast.
Welcome to Malia Kai — one of Kona's most coveted communities, where only 20 lucky owners call home. This townhouse-style condo has a renovated primary bathroom that's ready for your personal touch. Live Here. Love It. Or Let It Pay for Itself. Short-Term Vacation Rentals (STVR) are approved at this complex. The location sells itself!
Property Highlights:
Assigned covered carport
Dedicated laundry room
2 Full size baths-The only unit in the complex with two showers!
Galley kitchen
2 Lanais with privacy from full grown trees
Close proximity to the ocean, restaurants, and shopping.
For sale
$485,000
75-5855 Walua Rd APT 9, Kailua Kona, HI 96740
1beds
800sqft
Townhouse
Built in 1972
-- sqft lot
$468,200 Zestimate®
$606/sqft
$900/mo HOA
What's special
Assigned covered carportDedicated laundry roomGlimpse of the pacificGalley kitchen
- 55 days |
- 227 |
- 10 |
Zillow last checked:
Listing updated:
Listed by:
Krystal Vartanian Jacobs krystal@luvarealestate.com,
LUVA LLC
Source: Hawaii Information Service,MLS#: 730015
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 2
Appliances
- Included: Disposal, Dryer, Microwave, Range, Refrigerator, Washer
Features
- Flooring: Carpet, Ceramic Tile, Vinyl
- Has fireplace: No
- Common walls with other units/homes: No Unit Above or Below
Interior area
- Total structure area: 800
- Total interior livable area: 800 sqft
Property
Parking
- Total spaces: 1
- Parking features: Assigned, Attached, Covered
- Carport spaces: 1
Features
- Pool features: In Ground, Outdoor Pool
- Has view: Yes
- View description: Garden, Ocean
- Has water view: Yes
- Water view: Ocean
Details
- Parcel number: 3750090090009
- Zoning: RM-1
- Special conditions: Fee Simple,Standard
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse
- Attached to another structure: Yes
Condition
- Year built: 1972
Utilities & green energy
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Phone Available, Sewer Connected, Underground Utilities, Water Available
Community & HOA
Community
- Subdivision: HIENALOLI 6TH - PUAA 2ND
HOA
- Has HOA: Yes
- HOA fee: $900 monthly
Location
- Region: Kailua Kona
Financial & listing details
- Price per square foot: $606/sqft
- Tax assessed value: $458,600
- Annual tax amount: $3,239
- Date on market: 5/6/2026
- Listing terms: 1031 Exchange,Cash,Conventional
- Ownership: CPR
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
$468,200
$445,000 - $492,000
$2,934/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/6/2026 | Listed for sale | $485,000+284.9%$606/sqft |
Source: | ||
| 2/17/1998 | Sold | $126,000$158/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $458,600 +114.2% |
| 2024 | $484 +3.1% | $214,100 +3% |
| 2023 | $469 -6.3% | $207,900 +3% |
| 2022 | $501 +6.1% | $201,800 +3% |
| 2021 | $472 +6.2% | $195,900 +3% |
| 2020 | $444 +6.5% | $190,200 +3% |
| 2019 | $417 -31.7% | $184,700 +3% |
| 2018 | $611 +4.3% | $179,300 +3% |
| 2017 | $585 +15.5% | $174,100 +3% |
| 2016 | $507 | $169,000 +3% |
| 2015 | $507 | $164,100 |
| 2014 | $507 | $164,100 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 96740
Nearby schools
GreatSchools rating
- 4/10Kahakai Elementary SchoolGrades: PK-5Distance: 1.4 mi
- 7/10Kealakehe Intermediate SchoolGrades: 6-8Distance: 2.6 mi
- 4/10Kealakehe High SchoolGrades: 9-12Distance: 2.7 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Hawaii
- Hawaii County
- Kailua Kona
- 96740
- 75-5855 Walua Rd Apartment 9







