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For sale
  • $999,000

    78-261 Manukai St APT 3505, Kailua Kona, HI 96740

    2beds
    1,500sqft
    : 
    $8,198/mo
    Get pre-qualified
    Condominium
    Built in 1980
    -- sqft lot
    $965,800 Zestimate®
    $666/sqft
    $1,821/mo HOA

    What's special

    Exceptional oceanfront settingSerene ocean viewsLuxury flooringQuality finishesAbundant built in storageSoaring open beam ceilingsHigh end appliances
    Priced below current assessed value, completely remodeled and thoughtfully updated, this oceanfront two bedroom, two bath condo at Kanaloa at Kona features soaring open beam ceilings, three private lanais, and a spacious floor plan that lives more like a home than a typical condo. Serene ocean views, quality finishes, and an exceptional oceanfront setting combine to create a residence that offers both comfort and the ease of resort living. The updated kitchen features granite countertops, koa cabinetry, and high end appliances, creating an inviting space for everyday living and entertaining. Elegant lighting, luxury flooring, and upgraded bathrooms reflect the thoughtful attention to detail found throughout the home. The main lanai and the private lanai off the primary bedroom showcase peaceful ocean views framed by lush tropical landscaping. Split air conditioning, abundant built in storage, and a generous floor plan enhance everyday comfort. Offered tastefully furnished and fully equipped, this move in ready residence is currently operated as a successful short term vacation rental. Kanaloa at Kona is set on approximately 17 park like acres of meticulously maintained grounds bordered by the Pacific Ocean, Heʻeia Bay, and the lush Kona Country Club golf course. Its charming low rise buildings evoke the character of a traditional Hawaiian village while offering a peaceful setting just moments from Keauhou Bay, Kahaluʻu Beach Park, Magic Sands Beach Park, and the dining and shopping at Keauhou Shopping Center. Community Amenities: • Three swimming pools with Jacuzzis • Lighted tennis and pickleball courts • Outdoor gas barbecue grills • Guest Services Desk • Covered parking with an attached storage closet • Guarded, gated entry Beautifully remodeled, thoughtfully appointed, and ideally located, this oceanfront residence offers an exceptional opportunity to enjoy one of Kona's most sought after resort communities.
    19 days
    |
    777
    |
    43
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Karine Wedemeyer 8087850240,

    Aloha Sotheby's Intl Realty - Hawai'i

    Source: Hawaii Information Service,MLS#: 732224MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Zoned
      Cooling
      • Air Conditioning, Zoned
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Microwave Hood, Range, Refrigerator, Washer
      Features
      • High Ceilings, Vaulted Ceiling(s)
      • Flooring: Carpet, Ceramic Tile
      • Has fireplace: No
      Interior area
      • Total structure area: 1,500
      • Total interior livable area: 1,500 sqft

      Property

      Parking
      • Parking features: Assigned
      Features
      • Exterior features: Tennis Court(s)
      • Pool features: Gunite, In Ground, Outdoor Pool, Pool/Spa Combo
      • Has spa: Yes
      • Has view: Yes
      • View description: Bay, Coastline, Mountain(s), Ocean, Ocean Horizon
      • Has water view: Yes
      • Water view: Bay,Ocean
      Lot
      • Features: Landscaped
      Details
      • Parcel number: 3780200280157
      • 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
      • Features: Walking/Jogging Path
      • Security: Gated Community, Security Guard
      • Subdivision: KEAUHOU SUBDIVISION
      HOA
      • Has HOA: Yes
      • HOA fee: $1,821 monthly
      Location
      • Region: Kailua Kona

      Financial & listing details

      • Price per square foot: $666/sqft
      • Tax assessed value: $1,041,800
      • Annual tax amount: $12,189
      • Date on market: 8/7/2026
      • Listing terms: 1031 Exchange,Cash,Conventional
      • Ownership: CPR
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $965,800

        $918,000 - $1.01M

        $3,381/mo

        Price history

        DateEventPrice
        8/7/2026Listed for sale$999,000-3.5%$666/sqft
        Source: Hawaii Information Service #732224 Report a problem
        6/18/2026Listing removed$1,035,000$690/sqft
        Source: Hawaii Information Service #721454 Report a problem
        1/25/2026Price change$1,035,000-8.8%$690/sqft
        Source: Hawaii Information Service #721454 Report a problem
        1/8/2026Price change$1,135,000-4.2%$757/sqft
        Source: Hawaii Information Service #721454 Report a problem
        11/22/2025Price change$1,185,000-7.8%$790/sqft
        Source: Hawaii Information Service #721454 Report a problem
        8/26/2025Price change$1,285,000-0.8%$857/sqft
        Source: Hawaii Information Service #721454 Report a problem
        6/19/2025Listed for sale$1,295,000+59.9%$863/sqft
        Source: Hawaii Information Service #721454 Report a problem
        3/24/2021Sold$810,000-2.4%$540/sqft
        Source: Hawaii Information Service #646782 Report a problem
        2/18/2021Contingent$829,900$553/sqft
        Source: Hawaii Information Service #646782 Report a problem
        2/11/2021Listed for sale$829,900$553/sqft
        Source: Hawaii Information Service #646782 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

        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: Kahaluu-Keauhou

        Getting around

        23 / 100
        Car-Dependent
        29 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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