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Sold for $1,150,000
  • $1,150,000

    78-261 Manukai St APT 2105, Kailua Kona, HI 96740

    2beds
    1,500sqft
    Condominium
    Built in 1980
    -- sqft lot
    $1,105,800 Zestimate®
    $767/sqft
    $3,381 Estimated rent

    Home value

    $1,105,800

    $940,000 - $1.29M

    $3,381/mo

    Zestimate® history
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    What's special

    Oceanfront livingBreathtaking oceanfront vantage pointUnforgettable ocean viewsSmall charming buildingsVaulted open beam ceilingsSpectacular viewsHawaiian village
    Experience oceanfront living in this fully furnished 2-bedroom, 2-bathroom condo is a rare find—offering a prime location, spectacular views, and strong rental potential as an active short-term rental. Enjoy the tropical lifestyle with three (!) private lanais. The main lanai delivers unforgettable ocean views, where you can relax to the sound of the waves and witness majestic whales gracefully breaching during whale season, which typically runs from December to April in Hawaii. The primary bedroom lanai also boasts ocean views, providing a tranquil space to unwind. Inside, vaulted open beam ceilings enhance the sense of space, while the kitchen features granite countertops and ample koa wood cabinetry. Both full bathrooms are designed with dual sinks and walk-in showers. The central AC keeps the entire unit comfortable. With no neighbors above, you’ll enjoy peace, privacy, and a true island retreat. Located in an oceanfront community with world-class amenities, this is the perfect opportunity for those seeking a dream getaway, investment property, or full-time residence. Kanaloa at Kona is celebrated as Kailua-Kona’s finest condo property, set on 16 park-like acres of meticulously maintained grounds. Its small, charming buildings evoke the essence of a Hawaiian village and are surrounded by the Pacific Ocean, He’eia Bay, and the lush Kona Country Club golf course. This tranquil retreat is just moments from Keauhou Bay, Kahaluu Beach Park, Magic Sands Beach Park, and the dining and shopping options at Keauhou Shopping Center. Resort-style amenities include: -Three swimming pools with Jacuzzis -Two lighted tennis/pickleball courts -Outdoor gas BBQ grills In the winter months, experience the awe of humpback whale sightings from the property’s breathtaking oceanfront vantage point, where mother and calf grace the waters with their playful breaches. Your Hawaiian paradise awaits!

    Zillow last checked:

    Listing updated:

    Listed by:

    Karine Wedemeyer 8087850240,

    Aloha Sotheby's Intl Realty - Hawai'i

    Bought with:

    Lovette Llantos, RB-21663

    Coldwell Banker Island Properties - Kona

    Source: Hawaii Information Service,MLS#: 717905MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Cooling
    • Air Conditioning
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
    Features
    • Flooring: Carpet
    • Has fireplace: No
    Interior area
    • Total structure area: 1,500
    • Total interior livable area: 1,500 sqft

    Property

    Parking
    • Parking features: Assigned, Covered
    Features
    • Pool features: Gunite, In Ground, Pool/Spa Combo
    • Has spa: Yes
    • Has view: Yes
    • View description: Ocean, Ocean Horizon
    • Has water view: Yes
    • Water view: Ocean
    Details
    • Parcel number: 3780200280093
    • Zoning: RM-.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: Gated Community, Security Guard
    • Subdivision: KEAUHOU SUBDIVISION
    HOA
    • Has HOA: Yes
    • HOA fee: $1,956 monthly
    Location
    • Region: Kailua Kona

    Financial & listing details

    • Price per square foot: $767/sqft
    • Tax assessed value: $995,700
    • Annual tax amount: $11,649
    • Date on market: 2/24/2025
    • Listing terms: 1031 Exchange,Cash,Conventional
    • Ownership: CPR
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    7/10/2025Sold$1,150,000-4%$767/sqft
    Source: Hawaii Information Service #717905 Report a problem
    6/17/2025Contingent$1,198,000$799/sqft
    Source: Hawaii Information Service #717905 Report a problem
    6/2/2025Price change$1,198,000-6%$799/sqft
    Source: Hawaii Information Service #717905 Report a problem
    2/24/2025Listed for sale$1,275,000+79.3%$850/sqft
    Source: Hawaii Information Service #717905 Report a problem
    3/24/2021Sold$711,000+6.1%$474/sqft
    Source: Hawaii Information Service #647231 Report a problem
    3/3/2021Contingent$669,900$447/sqft
    Source: Hawaii Information Service #647231 Report a problem
    3/1/2021Pending sale$669,900$447/sqft
    Source: Hawaii Information Service #647231 Report a problem
    2/19/2021Listed for sale$669,900$447/sqft
    Source: Hawaii Information Service #647231 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $995,700
    2024$11,650 +17.6%$995,700 +17.6%
    2023$9,906 +17.3%$846,700 +17.3%
    2022$8,449 +2.6%$722,100 +2.6%
    2021$8,233 -1.8%$703,700 -1.8%
    2020$8,384 -7.9%$716,600 -7.9%
    2019$9,099 +49.5%$777,700 +12.8%
    2018$6,086 +6.7%$689,600 +32.6%
    2017$5,702 $520,200
    2016$5,702 $520,200 +20.2%
    2015$5,702 $432,900 +6.8%
    2014$5,702 $405,200
    Find assessor info on the county website

    Neighborhood: Kahaluu-Keauhou

    Nearby schools

    GreatSchools rating
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