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For sale
  • Price cut: $40K (7/9)
    $799,000

    78-6665 Alii Dr APT 302, Kailua Kona, HI 96740

    2beds
    1,008sqft
    : 
    $6,211/mo
    Get pre-qualified
    Condominium
    Built in 1984
    -- sqft lot
    $776,900 Zestimate®
    $793/sqft
    $1,060/mo HOA

    What's special

    Large poolBbq areaTop floor unitNew doorsNew flooring
    Enjoy the tranquil sounds of the crashing waves and the epic ocean/sunset views from this rarely available top floor unit at the "boutique" Kahaluu Bay condominium complex. This unit is a very successful STVR and is being sold furnished / turnkey. The Kahaluu Reef Condo Complex is a hidden treasure and is located within a vacation/resort zoning node, V-1.25, allowing for the ability to be used as a Short Term Vacation Rental. This unit has recently been remodeled and boasts the following features: * New flooring * New doors * Fresh paint through-out the unit * New appliances through-out the unit * New central A/C system installed * Beautiful kitchen sink with double drainboards * Granite counter tops in kitchen and bathrooms * Prime rental location * Transferable STVR license * Transferable future bookings At this property you will be within walking distance of world class surf and snorkel/scuba spots. Property amenities include a large pool, pavilion, and BBQ area. This is a great opportunity to own a very unique income producing property in the heart of the Kona Coast. VIDEO TOUR LINK BELOW!! https://player.vimeo.com/video/1165747553?badge=0&autopause=0&player_id=0&app_id=58479
    111 days
    |
    157
    |
    3
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Matthew Smith 8083392854,

    Koa Realty, Inc.,

    Sara Hartwell 808-938-4498,

    Koa Realty, Inc.

    Source: Hawaii Information Service,MLS#: 730135MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Appliances
      • Included: Dishwasher, Microwave, Range, Range Hood, Refrigerator
      Features
      • Has fireplace: No
      Interior area
      • Total structure area: 1,008
      • Total interior livable area: 1,008 sqft

      Property

      Parking
      • Parking features: Assigned, Covered
      Features
      • Has view: Yes
      • View description: Ocean, Sunset
      • Has water view: Yes
      • Water view: Ocean
      • Waterfront features: Ocean Front
      • Frontage type: Almost Oceanfront
      Details
      • Parcel number: 3780140150005
      • 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: 1984

      Utilities & green energy

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

      Community & HOA

      Community
      • Subdivision: KAHALUU BEACH LOTS
      HOA
      • Has HOA: Yes
      • HOA fee: $1,060 monthly
      Location
      • Region: Kailua Kona

      Financial & listing details

      • Price per square foot: $793/sqft
      • Tax assessed value: $749,300
      • Annual tax amount: $8,766
      • Date on market: 5/2/2026
      • Listing terms: Cash,Conventional
      • Ownership: CPR
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $776,900

        $738,000 - $816,000

        $2,600/mo

        Price history

        DateEventPrice
        7/9/2026Price change$799,000-4.8%$793/sqft
        Source: Hawaii Information Service #730135 Report a problem
        5/2/2026Listed for sale$839,000-2.3%$832/sqft
        Source: Hawaii Information Service #730135 Report a problem
        4/2/2026Listing removed$859,000$852/sqft
        Source: Hawaii Information Service #724323 Report a problem
        2/20/2026Price change$859,000-3.8%$852/sqft
        Source: Hawaii Information Service #724323 Report a problem
        1/5/2026Price change$893,000-0.6%$886/sqft
        Source: Hawaii Information Service #724323 Report a problem
        10/1/2025Listed for sale$898,000-0.1%$891/sqft
        Source: Hawaii Information Service #724323 Report a problem
        8/21/2025Listing removed$899,000$892/sqft
        Source: Hawaii Information Service #718133 Report a problem
        7/3/2025Price change$899,000-3.2%$892/sqft
        Source: Hawaii Information Service #718133 Report a problem
        5/27/2025Price change$929,000-4.7%$922/sqft
        Source: Hawaii Information Service #718133 Report a problem
        5/13/2025Price change$975,000-2.5%$967/sqft
        Source: Hawaii Information Service #718133 Report a problem
        5/6/2025Price change$999,999-1.9%$992/sqft
        Source: Hawaii Information Service #718133 Report a problem
        4/15/2025Price change$1,019,000-2.5%$1,011/sqft
        Source: Hawaii Information Service #718133 Report a problem
        3/26/2025Listed for sale$1,045,000+41.4%$1,037/sqft
        Source: Hawaii Information Service #718133 Report a problem
        8/14/2024Listing removed$739,000-1.5%$733/sqft
        Source: Hawaii Information Service #648745 Report a problem
        5/31/2022Sold$750,000-2.5%$744/sqft
        Source: Hawaii Information Service #655194 Report a problem
        3/26/2022Contingent$769,000$763/sqft
        Source: Hawaii Information Service #655194 Report a problem
        2/7/2022Listed for sale$769,000$763/sqft
        Source: Hawaii Information Service #655194 Report a problem
        1/25/2022Contingent$769,000$763/sqft
        Source: Hawaii Information Service #655194 Report a problem
        10/15/2021Listed for sale$769,000+4.1%$763/sqft
        Source: Hawaii Information Service #655194 Report a problem
        9/15/2021Listing removed--
        Source: Hawaii Information Service #648745 Report a problem
        9/3/2021Listed for sale$739,000$733/sqft
        Source: Hawaii Information Service #648745 Report a problem
        8/30/2021Contingent$739,000$733/sqft
        Source: Hawaii Information Service #648745 Report a problem
        7/9/2021Listed for sale$739,000$733/sqft
        Source: Hawaii Information Service #648745 Report a problem
        6/13/2021Contingent$739,000$733/sqft
        Source: Hawaii Information Service #648745 Report a problem
        4/25/2021Price change$739,000-1.5%$733/sqft
        Source: Hawaii Information Service #648745 Report a problem
        4/2/2021Listed for sale$750,000$744/sqft
        Source: Hawaii Information Service #648745 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $749,300 +7.7%
        2024$8,139 +19.4%$695,600 +19.4%
        2023$6,819 +52.5%$582,800 +52.5%
        2022$4,471 -1.8%$382,100 -1.8%
        2021$4,555 +4.7%$389,300 +4.7%
        2020$4,349 +4.6%$371,700 +4.6%
        2019$4,156 +12.5%$355,200 +5.1%
        2018$3,693 -14.7%$338,000 +7.1%
        2017$4,327 $315,600
        2016$4,327 $315,600 +13.7%
        2015$4,327 $277,600
        2014$4,327 $277,600
        Find assessor info on the county website

        Monthly payment

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        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

        15 / 100
        Car-Dependent
        17 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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