Rare opportunity to own a aggressively priced short-term vacation rental certified condominium in the heart of Kailua-Kona! Located on the desirable second floor at Kona Mansions, this beautifully furnished 1-bedroom, 1-bath residence offers the perfect blend of island charm, modern style, and exceptional investment potential.
Featuring vaulted ceilings, bamboo flooring, and abundant natural light, the spacious open-concept design creates an inviting atmosphere for owners and guests alike. The standout feature is the stylish open kitchen, thoughtfully designed with ample storage, generous counter space, and a layout that flows seamlessly into the living and dining areas—perfect for entertaining and relaxed island living.
The comfortable bedroom offers plenty of storage and custom sliding barn doors, while the updated bathroom showcases modern finishes and a walk-in tiled shower. Additional conveniences include an in-unit washer and dryer, ceiling fans, and tasteful furnishings, making this property truly move-in or rental ready.
Kona Mansions is a highly sought-after complex known for its prime location in the center of town. From your doorstep, enjoy easy walking access to beaches, oceanfront dining, coffee shops, farmers markets, shopping, and all the attractions along Alii Drive. Guests and owners alike appreciate the convenience of leaving the car behind and experiencing the best of Kailua-Kona on foot.
Whether you're seeking a personal island retreat, a full-time residence, or an income-producing vacation rental, this turnkey condo presents an outstanding opportunity to own a slice of paradise in one of Kona's most convenient and desirable locations.
For sale
Price cut: $37.5K (6/23)
$337,500
75-5873 Walua Rd APT 208, Kailua Kona, HI 96740
1beds
571sqft
Condominium
Built in 1972
-- sqft lot
$332,600 Zestimate®
$591/sqft
$617/mo HOA
What's special
Modern finishesTasteful furnishingsComfortable bedroomStylish open kitchenSpacious open-concept designVaulted ceilingsAbundant natural light
- 27 days |
- 503 |
- 38 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Blake C Kessner 8089879295,
Knutson & Associates
Source: Hawaii Information Service,MLS#: 730954
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Cooling
- Air Conditioning
Appliances
- Included: Range, Refrigerator, Washer/Dryer Stacked
Features
- Flooring: Vinyl
- Has fireplace: No
Interior area
- Total structure area: 571
- Total interior livable area: 571 sqft
Property
Parking
- Parking features: Assigned
Features
- Pool features: Outdoor Pool
- Has view: Yes
- View description: Garden, Mountain(s)
Lot
- Topography: Fairly Level
Details
- Parcel number: 3750180120038
- Zoning: RM-1
- 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
HOA
- Has HOA: Yes
- HOA fee: $617 monthly
Location
- Region: Kailua Kona
Financial & listing details
- Price per square foot: $591/sqft
- Tax assessed value: $386,300
- Annual tax amount: $4,519
- Date on market: 6/10/2026
- Listing terms: Cash,Conventional
- Ownership: CPR
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
$332,600
$316,000 - $349,000
$2,352/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/23/2026 | Price change | $337,500-10%$591/sqft |
Source: | ||
| 6/10/2026 | Listed for sale | $375,000-8.5%$657/sqft |
Source: | ||
| 8/15/2024 | Sold | $410,000$718/sqft |
Source: | ||
| 6/8/2024 | Price change | $410,000-3.5%$718/sqft |
Source: | ||
| 4/24/2024 | Price change | $425,000-1.2%$744/sqft |
Source: | ||
| 2/15/2024 | Listed for sale | $430,000+66%$753/sqft |
Source: | ||
| 4/15/2020 | Listing removed | $259,000$454/sqft |
Source: Coldwell Banker Island Properties #635780 Report a problem | ||
| 1/14/2020 | Listed for sale | $259,000+14.6%$454/sqft |
Source: Coldwell Banker Island Properties #635780 Report a problem | ||
| 8/30/2019 | Sold | $226,000+25.6%$396/sqft |
Source: Public Record Report a problem | ||
| 7/25/2019 | Sold | $180,000-7.7%$315/sqft |
Source: Public Record Report a problem | ||
| 2/22/2019 | Sold | $195,000-4.9%$342/sqft |
Source: | ||
| 1/24/2019 | Pending sale | $205,000$359/sqft |
Source: eXp Realty #625135 Report a problem | ||
| 1/19/2019 | Listed for sale | $205,000+7.9%$359/sqft |
Source: eXp Realty #625135 Report a problem | ||
| 8/30/2004 | Sold | $190,000+156.8%$333/sqft |
Source: Public Record Report a problem | ||
| 7/27/2001 | Sold | $74,000+54.2%$130/sqft |
Source: Public Record Report a problem | ||
| 11/30/1999 | Sold | $48,000$84/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $386,300 +2.9% |
| 2024 | $4,393 +19.7% | $375,500 +19.7% |
| 2023 | $3,671 +27.4% | $313,800 +27.4% |
| 2022 | $2,882 +8.9% | $246,300 +8.9% |
| 2021 | $2,647 +21.2% | $226,200 +21.2% |
| 2020 | $2,183 -1.9% | $186,600 -1.9% |
| 2019 | $2,227 +38.9% | $190,300 +15.9% |
| 2018 | $1,603 +14.3% | $164,200 +19.9% |
| 2017 | $1,403 +9.9% | $137,000 +6% |
| 2016 | $1,277 | $129,300 +26.5% |
| 2015 | $1,277 | $102,200 +27.1% |
| 2014 | $1,277 | $80,400 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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: 1.3 mi
- 7/10Kealakehe Intermediate SchoolGrades: 6-8Distance: 2.7 mi
- 4/10Kealakehe High SchoolGrades: 9-12Distance: 2.8 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Hawaii
- Hawaii County
- Kailua Kona
- 96740
- 75-5873 Walua Rd Apartment 208





