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Sold for $765,000
  • $765,000

    75-5888 Alii Dr APT F23, Kailua Kona, HI 96740

    1beds
    651sqft
    Condominium
    Built in 1980
    -- sqft lot
    $723,900 Zestimate®
    $1,175/sqft
    $2,055 Estimated rent

    Home value

    $723,900

    $659,000 - $796,000

    $2,055/mo

    Zestimate® history
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    What's special

    Don’t miss this rare opportunity to own an established income-producing unit at Kona Reef, the best oceanfront condo complex in Kona. Its prime location is a major attraction for vacation renters looking for luxury and value. This updated penthouse features top-of-the line stainless appliances, contemporary designer furnishings & curated vintage pieces to create the perfect island vacation experience. With true elevator access (no stairs!) F building is highly sought after for its ease of accessibility. Mini-split air-conditioning with separate controls for both living area and bedroom plus double paned windows and sliding door upgrades guarantee quiet and cool enjoyment. A stacked in-unit washer and dryer add to all the comforts of home. The spacious private lanai features captivating views of dolphins, whales, surfers, and Kailua Bay’s spectacular sunsets. Kona Reef is located in the heart of the resort district just a short walk to exquisite dining choices, nighttime entertainment, farmer’s markets, boutique shopping, and captivating seasonal events. Easy access to charming, tree-shaded Honl’s beach is right next door. A wide-range of amenities and services enhance the guest experience: heated resort-style pool w/ in-ground jacuzzi, new loungers, covered outdoor dining area with stainless steel BBQ's, and well-maintained lush grounds including an expansive grassy area overlooking the ocean. A wide range of outdoor activities await, including snorkeling, surfing, hiking, scuba-diving, and relaxing at The Big Island’s famous world-class beaches. Hawaii continues to be a popular vacation destination drawing millions of visitors a year and owners of updated units in prime locations such as F-23 command premium, year round rental rates. High-speed wi-fi and complimentary parking for guests add to the value of this very special unit. This is truly an exceptional, not-to-be-missed investment opportunity for a ready-to-rent turnkey unit.

    Zillow last checked:

    Listing updated:

    Listed by:

    Sharly Ward 8089389533,

    COMPASS

    Bought with:

    Blake C Kessner, RB-22317

    Knutson & Associates

    Source: Hawaii Information Service,MLS#: 711880MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Zoned
    Cooling
    • Zoned
    Appliances
    • Included: Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer/Dryer Stacked
    Features
    • Flooring: Carpet
    • Windows: Drapes
    • Has fireplace: No
    Interior area
    • Total structure area: 651
    • Total interior livable area: 651 sqft

    Property

    Parking
    • Parking features: Unassigned
    Features
    • Stories: 3
    • Pool features: Gunite, Heated, In Ground
    • Fencing: Stone
    • Has view: Yes
    • View description: Coastline, Ocean, Ocean Horizon
    • Has water view: Yes
    • Water view: Ocean
    • Waterfront features: Ocean Front
    • Frontage type: Almost Oceanfront,Rocky Beach,Sandy Beach
    Lot
    • Topography: Fairly Level
    Details
    • Parcel number: 3750180710127
    • 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: 1980

    Utilities & green energy

    • Utilities for property: Cable Available, Electricity Available, Phone Available, Sewer Connected, Underground Utilities

    Community & HOA

    Community
    • Security: Security Guard, Security System
    HOA
    • Has HOA: Yes
    • HOA fee: $947 monthly
    Location
    • Region: Kailua Kona
    • Elevation: 0

    Financial & listing details

    • Price per square foot: $1,175/sqft
    • Tax assessed value: $646,700
    • Annual tax amount: $6,478
    • Date on market: 6/27/2024
    • Listing terms: Cash,Conventional
    • Ownership: CPR
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    11/4/2024Sold$765,000+0.1%$1,175/sqft
    Source: Hawaii Information Service #711880 Report a problem
    9/5/2024Price change$764,000-0.7%$1,174/sqft
    Source: Hawaii Information Service #711880 Report a problem
    6/27/2024Listed for sale$769,000+20.5%$1,181/sqft
    Source: Hawaii Information Service #711880 Report a problem
    10/6/2023Sold$638,000$980/sqft
    Source: Hawaii Information Service #669917 Report a problem
    8/20/2023Price change$638,000-0.2%$980/sqft
    Source: Hawaii Information Service #669917 Report a problem
    8/19/2023Price change$639,000+3.2%$982/sqft
    Source: Hawaii Information Service #669917 Report a problem
    6/2/2023Listed for sale$619,000+90.3%$951/sqft
    Source: Hawaii Information Service #669917 Report a problem
    3/5/2013Sold$325,345$500/sqft
    Source: Hawaii Information Service #259589 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 96740

    Nearby schools

    GreatSchools rating
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    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $723,900
    2% more
    +$14,478
    With Zillow Showcase(estimated)
    $738,378