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
$467,800 Zestimate®
$606/sqft
$900/mo HOA
What's special
Assigned covered carportDedicated laundry roomGlimpse of the pacificGalley kitchen
- 107 days |
- 194 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
Krystal Vartanian Jacobs krystal@luvarealestate.com,
LUVA LLC
Source: Hawaii Information Service,MLS#: 730015
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
$467,800
$444,000 - $491,000
$2,313/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/6/2026 | Listed for sale | $485,000+284.9%$606/sqft |
Source:  Hawaii Information Service #730015 Report a problem | ||
| 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
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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
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A local agent can set up tours, give advice and negotiate with sellers.
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