Welcome to Kona Mansions, where island living meets convenience in the HEART of Kailua-Kona. This well-maintained 2-bedroom, 1.5-bath townhome-style condo is IDEALLY LOCATED just steps from vibrant Alii Drive, offering EASY access to popular restaurants, shopping, beaches, and nightlife.
Inside, you'll enjoy OCEAN VIEWS from BOTH the living room and the upstairs primary bedroom, providing the perfect backdrop for your Hawaiian lifestyle. The living room features NEW flooring, creating a fresh and inviting space for relaxing or entertaining. The functional two-story floor plan offers separation between living and sleeping areas, while the additional half bath adds everyday convenience.
Kona Mansions is a desirable complex known for its beautifully landscaped grounds, attentive on-site manager, sparkling swimming pool, and community BBQ area—perfect for enjoying Kona's year-round tropical climate.
Maintenance fees provide exceptional value and include, Spectrum tv and internet service(1 Gig) as of 7/2, 2026, water, trash removal, sewer, gas, fire and liability insurance, reserve fund contributions, a private mailbox, and more, helping simplify ownership and enhance peace of mind.
Whether you're seeking a full-time residence, vacation retreat, or investment opportunity, this centrally located condo offers the best of Kona living with OCEAN VIEW all within an unbeatable proximity to all that Alii Drive has to offer. Of course all appliances are included, including washer and dryer.
For sale
Price cut: $10K (8/15)
$439,900
75-5873 Walua Rd APT 223, Kailua Kona, HI 96740
2beds
1,017sqft
Condominium
Built in 1972
-- sqft lot
$436,600 Zestimate®
$433/sqft
$977/mo HOA
What's special
Sparkling swimming poolCommunity bbq areaBeautifully landscaped groundsAdditional half bath
- 78 days |
- 573 |
- 25 |
Zillow last checked:
Listing updated:
Listed by:
Jamie Lee Russell 8082148060,
Aloha Hawaiian Realty,
James L. K. Dahlberg 808-895-0073,
Aloha Hawaiian Realty
Source: Hawaii Information Service,MLS#: 730952
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Appliances
- Included: Range, Refrigerator
Features
- Flooring: Carpet
- Has fireplace: No
Interior area
- Total structure area: 1,017
- Total interior livable area: 1,017 sqft
Property
Parking
- Parking features: Assigned
Details
- Parcel number: 3750180120053
- 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: Electricity Available, Sewer Connected
Community & HOA
HOA
- Has HOA: Yes
- HOA fee: $977 monthly
Location
- Region: Kailua Kona
Financial & listing details
- Price per square foot: $433/sqft
- Tax assessed value: $524,000
- Annual tax amount: $6,130
- Date on market: 6/5/2026
- Listing terms: 1031 Exchange,Cash,Conventional,HULA MAE,VA Loan
- Ownership: CPR
- Electric utility on property: Yes
Estimated market value
$436,600
$415,000 - $458,000
$2,708/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/15/2026 | Price change | $439,900-2.2%$433/sqft |
Source:  Hawaii Information Service #730952 Report a problem | ||
| 7/26/2026 | Price change | $449,900-2.2%$442/sqft |
Source: Hawaii Information Service #730952 Report a problem | ||
| 7/22/2026 | Price change | $459,900-2.1%$452/sqft |
Source: Hawaii Information Service #730952 Report a problem | ||
| 6/22/2026 | Price change | $469,900-4.1%$462/sqft |
Source: Hawaii Information Service #730952 Report a problem | ||
| 6/5/2026 | Listed for sale | $489,900+653.7%$482/sqft |
Source: Hawaii Information Service #730952 Report a problem | ||
| 1/30/2012 | Sold | $65,000-3.7%$64/sqft |
Source: Hawaii Information Service #249048 Report a problem | ||
| 12/16/2011 | Price change | $67,500-9.4%$66/sqft |
Source: Windermere/ C and H Properties #249048 Report a problem | ||
| 12/3/2011 | Price change | $74,500-14.9%$73/sqft |
Source: Windermere/ C and H Properties #249048 Report a problem | ||
| 11/11/2011 | Price change | $87,500-7.4%$86/sqft |
Source: Windermere/ C and H Properties #249048 Report a problem | ||
| 10/8/2011 | Listed for sale | $94,500-65.9%$93/sqft |
Source: Windermere/ C and H Properties #249048 Report a problem | ||
| 9/16/2011 | Sold | $276,747-12.1%$272/sqft |
Source: Public Record Report a problem | ||
| 2/8/2007 | Sold | $315,000+86.9%$310/sqft |
Source: Public Record Report a problem | ||
| 1/14/2003 | Sold | $168,500-2%$166/sqft |
Source: Public Record Report a problem | ||
| 11/29/2001 | Sold | $172,000$169/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $524,000 |
| 2024 | $6,131 +2.1% | $524,000 +2.1% |
| 2023 | $6,004 +27.5% | $513,200 +27.5% |
| 2022 | $4,710 +20.6% | $402,600 +20.6% |
| 2021 | $3,905 +7.3% | $333,800 +7.3% |
| 2020 | $3,639 +13.1% | $311,000 +13.1% |
| 2019 | $3,216 +38.2% | $274,900 +15.6% |
| 2018 | $2,327 +304.7% | $237,700 +19.5% |
| 2017 | $575 | $198,900 +5.9% |
| 2016 | $575 | $187,800 +26% |
| 2015 | $575 | $149,100 +26.1% |
| 2014 | $575 | $118,200 |
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: 1.3 mi
- 7/10Kealakehe Intermediate SchoolGrades: 6-8Distance: 2.7 mi
- 4/10Kealakehe High SchoolGrades: 9-12Distance: 2.8 mi
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