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For sale
  • Price cut: $29K (6/22)
    $899,000

    75-6016 Alii Dr APT 129, Kailua Kona, HI 96740

    2beds
    761sqft
    : 
    $6,751/mo
    Get pre-qualified
    Condominium
    Built in 1973
    -- sqft lot
    $874,000 Zestimate®
    $1,181/sqft
    $954/mo HOA

    What's special

    Oceanfront settingLush tropical landscapingResort-style poolMassive lanai
    Oceanfront Beauty at Ali‘i Villas:Unit 129, Brand new SPLIT AC UNITS INSTALLED IN MAY 2026! Welcome to one of the most spectacular oceanfront settings in Kailua-Kona. Just three units away from the very end of the complex, Ali‘i Villas Unit 129 offers sweeping, unobstructed views of the ocean. This ground-floor condominium requires no stairs and has been extensively remodeled with meticulous attention to detail. Every corner of the condo reflects pride of ownership and thoughtful upgrades, blending island style with modern comfort. The open floor plan maximizes both space and views, allowing you to take in the ocean whether you’re preparing breakfast in the kitchen, relaxing in the living room, or winding down in the evening with a Kona sunset right outside your massive lanai. Ali‘i Villas is a highly sought-after community, cherished for its lush tropical landscaping, resort-style pool, and inviting barbecue and gathering areas along the water’s edge. This particular unit, however, offers something truly special — its location places you mere steps from the end of the complex, ensuring privacy, serenity, and some of the most dramatic ocean vistas available. Currently a certified and very successful Short-Term Vacation Rental, Unit 129 comes with a stellar reputation and a long history of happy guests. Its high ratings and strong income track record make it not only a breathtaking place to stay, but also a proven investment opportunity. For the next owner, this property is completely turnkey — beautifully furnished, well-equipped, and ready to continue welcoming guests or to become your own private retreat by the sea. With no stairs, an unrivaled position just off the water, and a renovation that has left nothing undone, Ali‘i Villas Unit 129 represents the perfect balance of luxury, lifestyle, and long-term value in Kona’s oceanfront market. This is more than a condo — it’s a front-row seat to the Spectacular Kailua Bay!
    104 days
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    145
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    9
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    Zillow last checked:

    Listing updated:

    Listed by:

    Blake C Kessner 8089879295,

    Knutson & Associates

    Source: Hawaii Information Service,MLS#: 730187MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Zoned
      Cooling
      • Air Conditioning, Zoned
      Appliances
      • Included: Dishwasher, Freezer, Microwave, Range, Range Hood, Refrigerator, Washer/Dryer Stacked
      Features
      • Flooring: Ceramic Tile
      • Has fireplace: No
      Interior area
      • Total structure area: 761
      • Total interior livable area: 761 sqft

      Property

      Parking
      • Parking features: Assigned
      Features
      • Pool features: Heated, Outdoor Pool
      • Fencing: Stone
      • Has view: Yes
      • View description: Bay, Ocean, Ocean Horizon, Sunset
      • Has water view: Yes
      • Water view: Bay,Ocean
      • Waterfront features: Ocean Front
      • Frontage type: Almost Oceanfront
      Lot
      • Topography: Gentle Slope
      Details
      • Parcel number: 3750210070084
      • Zoning: V-1.25
      • Special conditions: Fee Simple,Standard

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Condition
      • Year built: 1973

      Utilities & green energy

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

      Community & HOA

      Community
      • Subdivision: KAHULUI 1ST & 2ND
      HOA
      • Has HOA: Yes
      • HOA fee: $954 monthly
      Location
      • Region: Kailua Kona

      Financial & listing details

      • Price per square foot: $1,181/sqft
      • Tax assessed value: $734,100
      • Annual tax amount: $8,588
      • Date on market: 5/7/2026
      • Listing terms: 1031 Exchange,Cash,Conventional
      • Ownership: CPR
      • Electric utility on property: Yes

        Estimated market value

        $874,000

        $830,000 - $918,000

        $2,492/mo

        Price history

        DateEventPrice
        6/22/2026Price change$899,000-3.1%$1,181/sqft
        Source: Hawaii Information Service #730187 Report a problem
        5/7/2026Price change$928,000-2.3%$1,219/sqft
        Source: Hawaii Information Service #730187 Report a problem
        10/14/2025Price change$950,000-13.6%$1,248/sqft
        Source: Hawaii Information Service #724615 Report a problem
        2/19/2024Listed for sale$1,099,000+92.8%$1,444/sqft
        Source: Hawaii Information Service #707864 Report a problem
        4/29/2019Sold$570,000-2.6%$749/sqft
        Source: Hawaii Information Service #617262 Report a problem
        2/27/2019Pending sale$585,000$769/sqft
        Source: Hawaii Life #617262 Report a problem
        4/23/2018Listed for sale$585,000$769/sqft
        Source: Hawaii Life #617262 Report a problem
        1/28/2018Listing removed$585,000$769/sqft
        Source: Hawaii Life #609694 Report a problem
        9/13/2017Listed for sale$585,000+13.6%$769/sqft
        Source: Hawaii Life #609694 Report a problem
        4/21/2014Sold$515,000+142.9%$677/sqft
        Source: Public Record Report a problem
        6/21/2011Sold$212,000-37.2%$279/sqft
        Source: Public Record Report a problem
        5/7/2008Sold$337,500-50%$443/sqft
        Source: Public Record Report a problem
        2/28/2007Sold$675,000$887/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $734,100 +8.4%
        2024$7,924 +211.3%$677,400 +20.1%
        2023$2,545 -3.2%$563,900 +3%
        2022$2,629 +3.9%$547,500 +3%
        2021$2,531 +3.9%$531,600 +3%
        2020$2,436 -59.7%$516,100
        2019$6,038 +12.2%$516,100 +10%
        2018$5,383 +456.2%$469,200 +2%
        2017$968 $460,100 +1.5%
        2016$968 $453,300
        2015$968 $453,300 +28.3%
        2014$968 $353,300
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
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        Climate risks

        Neighborhood: 96740

        Getting around

        40 / 100
        Car-Dependent
        26 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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