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Sold for $620,000
  • $620,000

    78-7054 Kamehameha Iii Rd APT 1403, Kailua Kona, HI 96740

    1beds
    878sqft
    Condominium
    Built in 1977
    -- sqft lot
    $596,000 Zestimate®
    $706/sqft
    $2,437 Estimated rent

    Home value

    $596,000

    $507,000 - $697,000

    $2,437/mo

    Zestimate® history
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    $3,733/mo

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    What's special

    Peekaboo ocean viewsGolf courseLarge swimming poolHot tubWhole house water shut-offTropical sceneryCrown molding
    Welcome to this stunning Keauhou Palena condo, nestled in the historic Keauhou Bay area—just a short distance from the bay. This upstairs unit was thoughtfully and completely renovated in 2023, showcasing exceptional attention to detail. Enjoy peekaboo ocean views from the spacious 878-square-foot home, surrounded by lush gardens, a golf course, and tropical scenery. The generous living area offers plenty of space for additional guests. Keauhou Palena is a well-maintained community prized for its prime location along Kona Country Club’s Ocean Course. Residents enjoy access to a large swimming pool, hot tub, and exercise room. The complex allows both vacation rentals and long-term stays, making it an ideal retreat—whether you’re looking for a full-time residence or a part-time escape. Being an upstairs unit, this home benefits from refreshing breezes off the lanai. Additional features include remote-controlled fans throughout, as well as split air conditioning for comfort on warmer days. Offered turnkey with tasteful furnishings, this beautiful condo is ready for you to move in and enjoy island living. Condo features: * Quartz Countertops * Custom shades indoor and outdoor - Graber * Luxury vinyl planking throughout - Christina Collection Pikes Peak * Crown molding * All new windows, slider, doors * Tiled entry and lanai * Bellmont 1900 series soft-close custom cabinets * Space saving pocket doors in primary * Induction stove top * Convection/microwave unit * Full size stacked LGwasher/dryer * Pullout bath sink faucets * Whole house water shut-off One assigned parking space plus a total of 28 visitor parking spaces. The monthly maintenance fee covers the cost of water, trash, internet, basic cable, landscaping, pool, sewer, maintenance of the building exterior.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kathryn Casey kathryn@luvarealestate.com,

    LUVA LLC

    Bought with:

    Rie Furukawa, RB-22295

    Pacific Coast Properties Inc

    Burt Bonk, RS-75045

    Better Homes and Gardens Real Estate Island Lifestyle

    Source: Hawaii Information Service,MLS#: 718795MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Zoned
    Cooling
    • Zoned
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Freezer, Induction Cooktop, Microwave, Refrigerator, Washer
    • Laundry: Front Load
    Features
    • Flooring: Vinyl
    • Windows: Blinds
    • Has fireplace: No
    • Common walls with other units/homes: End Unit
    Interior area
    • Total structure area: 878
    • Total interior livable area: 878 sqft

    Property

    Parking
    • Parking features: Assigned
    Features
    • Levels: Two
    • Pool features: Gunite, In Ground
    • Has view: Yes
    • View description: Golf Course, Mountain(s), Ocean, Sunset
    • Has water view: Yes
    • Water view: Ocean
    • Frontage type: Golf Course
    Details
    • Parcel number: 3780100320055
    • Zoning: RM-2
    • Special conditions: Fee Simple,Standard

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Condition
    • Year built: 1977

    Utilities & green energy

    • Utilities for property: Electricity Available, Sewer Connected, Underground Utilities

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $967 monthly
    Location
    • Region: Kailua Kona

    Financial & listing details

    • Price per square foot: $706/sqft
    • Tax assessed value: $387,200
    • Annual tax amount: $1,218
    • Date on market: 3/5/2025
    • Listing terms: 1031 Exchange,Cash,Conventional,VA Loan
    • Ownership: CPR
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    6/16/2025Sold$620,000$706/sqft
    Source: Hawaii Information Service #718795 Report a problem
    5/23/2025Contingent$620,000$706/sqft
    Source: Hawaii Information Service #718795 Report a problem
    3/5/2025Listed for sale$620,000+1305.9%$706/sqft
    Source: Hawaii Information Service #718795 Report a problem
    11/13/2003Sold$44,100$50/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $398,800 +3%
    2024$1,219 +1.2%$387,200 +3%
    2023$1,204 -70.6%$375,900 +7.6%
    2022$4,087 +20.2%$349,300 +20.2%
    2021$3,399 +2.8%$290,500 +2.8%
    2020$3,305 $282,500
    2019$3,305 +25%$282,500 +5%
    2018$2,644 +27.6%$269,000 +19%
    2017$2,072 $226,000 +0.7%
    2016$2,072 $224,400 +12.4%
    2015$2,072 $199,700
    2014$2,072 $199,700
    Find assessor info on the county website

    Neighborhood: Kahaluu-Keauhou

    Nearby schools

    GreatSchools rating
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    Sell for more on Zillow
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    $596,000
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    +$11,920
    With Zillow Showcase(estimated)
    $607,920