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For sale
  • $1,325,000

    78-261 Manukai St APT 3601, Kailua Kona, HI 96740

    2beds
    1,486sqft
    : 
    $10,020/mo
    Get pre-qualified
    Condominium
    Built in 1980
    -- sqft lot
    $1,264,600 Zestimate®
    $892/sqft
    $1,659/mo HOA

    What's special

    Secure gated communityOceanfront residenceBreathtaking ocean viewsBeautifully landscaped tropical groundsMultiple bbq areasHot tubsConvenient built-in office nook
    Embrace Oceanfront Paradise at Kanaloa at Kona in this Prime 2-Bedroom, 2-Bathroom Condo! Experience the quintessential Hawaiian lifestyle in this stunning oceanfront residence in a gated 17-acre oceanfront resort nestled in the Keauhou area of Kailua-Kona. Wake up to breathtaking ocean views from your spacious private lanai, where gentle trade winds and the soothing sounds of the Pacific create the perfect backdrop for morning coffee or evening relaxation. Large sliding glass doors connect the open-concept living and dining areas to the outdoors. The well-appointed kitchen boasts warm Koa-faced cabinets, sleek granite countertops, and an open layout that flows effortlessly into the living and dining spaces—ideal for entertaining or casual island living. The primary suite features a generous walk-in closet, an en-suite bathroom with double vanity, a walk-in shower, and a convenient built-in office nook. The second bedroom offers privacy and comfort, with direct access to the second full bathroom featuring dual sinks. Indulge in resort-style living with three swimming pools (including a spectacular oceanfront pool), hot tubs, lighted tennis/pickleball courts, multiple BBQ areas, beautifully landscaped tropical grounds, and more—all within a secure, gated community. This unbeatable location puts world-class activities at your fingertips: golf at the adjacent Kona Country Club, deep-sea fishing, kayaking, paddle boarding, snorkeling, and sailing.Whether you're seeking a full-time island retreat, a vacation home, or an investment property, this oceanfront gem is ideal. Currently being used as a primary residence but could operate as a successful Short-Term Vacation Rental (STVR).
    175 days
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    120
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    7
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    Zillow last checked:

    Listing updated:

    Listed by:

    Cindy Wild 8089380779,

    Premier Island Properties LLC

    Source: Hawaii Information Service,MLS#: 728110MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Cooling
      • Air Conditioning, Central Air
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
      Features
      • Flooring: Carpet, Ceramic Tile
      • Windows: Blinds
      • Has fireplace: No
      Interior area
      • Total structure area: 1,486
      • Total interior livable area: 1,486 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Assigned, Covered
      Features
      • Levels: One
      • Pool features: In Ground, Pool/Spa Combo
      • Has spa: Yes
      • Has view: Yes
      • View description: Bay, Coastline, Ocean, Ocean Horizon, Sunset
      • Has water view: Yes
      • Water view: Bay,Ocean
      Details
      • Parcel number: 3780200280159
      • Zoning: RM-.75
      • Special conditions: Fee Simple,Standard

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Materials
      • Wood Frame
      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: $1,659 monthly
      Location
      • Region: Kailua Kona

      Financial & listing details

      • Price per square foot: $892/sqft
      • Tax assessed value: $1,043,000
      • Annual tax amount: $4,956
      • Date on market: 2/27/2026
      • Listing terms: 1031 Exchange,Cash,Conventional
      • Ownership: CPR
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $1,264,600

        $1.20M - $1.33M

        $3,433/mo

        Price history

        DateEventPrice
        2/27/2026Listed for sale$1,325,000+10.4%$892/sqft
        Source: Hawaii Information Service #728110 Report a problem
        1/3/2025Sold$1,200,000$808/sqft
        Source: Hawaii Information Service #716173 Report a problem
        11/29/2024Listed for sale$1,200,000-17.2%$808/sqft
        Source: Hawaii Information Service #716173 Report a problem
        10/29/2024Listing removed$1,450,000$976/sqft
        Source: Hawaii Information Service #711290 Report a problem
        6/20/2024Listed for sale$1,450,000+107.1%$976/sqft
        Source: Hawaii Information Service #711290 Report a problem
        7/7/2014Sold$700,000+59.1%$471/sqft
        Source: Hawaii Information Service #275137 Report a problem
        5/12/2000Sold$440,000$296/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $1,043,000 -6.4%
        2024$13,043 -0.1%$1,114,800 -0.1%
        2023$13,051 +18.1%$1,115,500 +18.1%
        2022$11,052 +26.7%$944,600 +26.7%
        2021$8,721 -1.8%$745,400 -1.8%
        2020$8,884 -1.5%$759,300 -1.5%
        2019$9,021 +50.4%$771,000 +13%
        2018$5,999 +7.1%$682,600 +33.1%
        2017$5,599 $512,700
        2016$5,599 $512,700 +20.6%
        2015$5,599 $425,100 +7%
        2014$5,599 $397,400
        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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