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For sale
  • $245,900

    75-6026 Alii Dr APT 5207, Kailua Kona, HI 96740

    1beds
    690sqft
    : 
    $2,713/mo
    Get pre-qualified
    Condominium
    Built in 1979
    -- sqft lot
    $272,500 Zestimate®
    $356/sqft
    $1,097/mo HOA

    What's special

    Beautifully maintained tropical groundsTennis and pickleball courtsAmple open parkingBbq and gathering areasTwo private lanais
    This is a leasehold property. Welcome to Kona Makai #5-207, a beautifully positioned end unit offering an exciting opportunity in one of Kona’s desirable oceanfront communities. Conveniently located with close access to parking this fully furnished 1-bedroom, 1-bath condominium offers approximately features two private lanais surrounded by Kona Makai’s lush tropical setting. What makes this opportunity particularly exciting is the flexibility now available to buyers. While currently leasehold, the fee simple interest is now available for purchase at Kona Makai, creating an opportunity to convert to fee simple ownership. Financing options are also available opening the door to buyers who may have previously overlooked leasehold properties. For investors, the potential is especially compelling! Kona Makai is an STVR-eligible complex, offering an opportunity for short-term vacation rental use. Combined with the ability to purchase the fee, this creates a unique opportunity for buyers looking for both flexibility and long-term potential. Inside, the end-unit location adds to the appeal, while two lanais provide additional spaces to enjoy Hawaiʻi’s indoor-outdoor lifestyle. Kona Makai offers fantastic resort-style amenities, including a spectacular oceanfront pool and spa, BBQ and gathering areas, tennis and pickleball courts, beautifully maintained tropical grounds, and ample open parking Located just minutes from downtown Kailua-Kona’s restaurants, shopping, beaches, and ocean activities, 5-207 combines location, convenience, rental potential, and the rare opportunity to purchase the fee interest. Leasehold today with the fee available for purchase an exciting opportunity to make Kona Makai your own!
    16 hours
    |
    214
    |
    11
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    Zillow last checked:

    Listing updated:

    Listed by:

    Blake C Kessner 8089879295,

    Knutson & Associates,

    Lisa Folden 808-987-4444,

    Knutson & Associates

    Source: Hawaii Information Service,MLS#: 732776MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      Cooling
      • Air Conditioning, Wall/Window Unit(s)
      Appliances
      • Included: Dishwasher, Microwave, Microwave Hood, Range, Refrigerator
      Features
      • High Ceilings
      • Flooring: Ceramic Tile
      • Has fireplace: No
      • Common walls with other units/homes: End Unit
      Interior area
      • Total structure area: 690
      • Total interior livable area: 690 sqft

      Property

      Parking
      • Parking features: Unassigned
      Features
      • Pool features: Outdoor Pool, Pool/Spa Combo
      • Has spa: Yes
      • Has view: Yes
      • View description: Coastline, Garden, Mountain(s), Ocean
      • Has water view: Yes
      • Water view: Ocean
      • Waterfront features: Ocean Front
      • Frontage type: Almost Oceanfront
      Lot
      • Topography: Hilly
      Details
      • Parcel number: 3750210040094
      • Zoning: V-1.25
      • Special conditions: Leasehold,Standard

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Condition
      • Year built: 1979

      Utilities & green energy

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

      Community & HOA

      Community
      • Security: Gated Community
      • Subdivision: KAHULUI 1ST & 2ND
      HOA
      • Has HOA: Yes
      • HOA fee: $1,097 monthly
      Location
      • Region: Kailua Kona

      Financial & listing details

      • Price per square foot: $356/sqft
      • Tax assessed value: $223,200
      • Annual tax amount: $2,611
      • Date on market: 8/21/2026
      • Listing terms: Cash,Conventional
      • Ownership: CPR
      • Electric utility on property: Yes

        Estimated market value

        $272,500

        $240,000 - $308,000

        $2,101/mo

        Price history

        DateEventPrice
        8/21/2026Listed for sale$245,900-7.9%$356/sqft
        Source: Hawaii Information Service #732776 Report a problem
        6/30/2025Listing removed$267,000$387/sqft
        Source: Hawaii Information Service #719656 Report a problem
        3/27/2025Listed for sale$267,000$387/sqft
        Source: Hawaii Information Service #719656 Report a problem
        3/22/2025Listing removed$267,000$387/sqft
        Source: Hawaii Information Service #717977 Report a problem
        2/7/2025Listed for sale$267,000$387/sqft
        Source: Hawaii Information Service #717977 Report a problem
        1/1/2025Listing removed$267,000$387/sqft
        Source: Hawaii Information Service #711873 Report a problem
        10/21/2024Price change$267,000-3.6%$387/sqft
        Source: Hawaii Information Service #711873 Report a problem
        8/8/2024Price change$277,000-3.8%$401/sqft
        Source: Hawaii Information Service #711873 Report a problem
        6/28/2024Listed for sale$288,000+53.2%$417/sqft
        Source: Hawaii Information Service #711873 Report a problem
        9/30/2020Sold$188,000-2.6%$272/sqft
        Source: Hawaii Information Service #635516 Report a problem
        8/25/2020Pending sale$193,000$280/sqft
        Source: Knutson & Associates #635516 Report a problem
        4/22/2020Price change$193,000-3.5%$280/sqft
        Source: Knutson & Associates #635516 Report a problem
        1/9/2020Listed for sale$200,000+14.3%$290/sqft
        Source: Koa Realty, Inc. #635516 Report a problem
        9/27/2017Sold$175,000-1.1%$254/sqft
        Source: Hawaii Information Service #609338 Report a problem
        8/26/2017Pending sale$177,000$257/sqft
        Source: Coast Properties Ltd. #609338 Report a problem
        8/5/2017Listed for sale$177,000+16.5%$257/sqft
        Source: Coast Properties Ltd. #609338 Report a problem
        11/6/2002Sold$151,900+51.9%$220/sqft
        Source: Public Record Report a problem
        8/20/1998Sold$100,000$145/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $265,700 +4.2%
        2024$1,492 -40.1%$255,000 +19.8%
        2023$2,490 +4%$212,800 +4%
        2022$2,395 -1.5%$204,700 -1.5%
        2021$2,432 +7.9%$207,900 +7.9%
        2020$2,255 +6.5%$192,700 +6.5%
        2019$2,117 $180,900 +18.4%
        2018-- $152,800 -18.6%
        2017$1,697 +20.1%$187,600 +19.9%
        2016$1,413 $156,400 +9%
        2015$1,413 $143,500
        2014$1,413 $143,500
        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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