- 1 bed
- 1 bath
- 639 sqft
- $719 per sqft
- 1972 build
More homes
Prime Investment Opportunity – Ocean View Vacation Rental in Kailua-Kona<br>Seller offering $15,000 in concessions to help pay down mortgage points, HOA fees, upgrades, etc. <br><br>Seize the opportunity to own a high-performing vacation rental in the heart of Kailua-Kona! This turnkey, one-bedroom, one-bathroom condo boasts a top-floor view of Kailua Bay and an impressive 90% occupancy rate, making it a proven income-generating asset.<br><br>Meticulously maintained, this unit offers modern comfort with air conditioning and a thoughtfully designed interior that keeps guests returning. The spacious lanai provides views to breathtaking sunsets and the lively energy of Kailua Village, all while maintaining a serene retreat for visitors.<br><br>Location is unbeatable—just one block from the ocean, dining, shopping, and entertainment, ensuring strong rental demand year-round. Unit has assigned parking which provides the benefit of guests not having to pay for parking. <br><br>Benefits of condo:<br>Tropical breezes from ocean and mountain keep condo cool and A/C helps in summer. <br>Pull out couch for extra guest <br>Fully stocked for all needs for visitors - truly turn key <br><br>Whether you’re expanding your portfolio or seeking a personal island getaway with income potential, this condo has a great rental history. <br><br>Kailua Village Condominium offers: <br>Pets are allowed with Board approval. <br>Convenient assigned parking stall- #08<br>Pool and BBQ area <br>Secured building/elevator <br>On-site manager<br>Coined laundry room<br><br>The rental income history is available and the current leasing manager is willing to manage the property after sale.
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Last updated Jun 27, 2025
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MLS# 719244 —
The Building
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Year Built:1972
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Design:Concrete
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Unit Number:503
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Unit Description:High Floor Unit
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Roofed Area Units:Square Feet
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Exterior Area Units:Square Feet
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Stories:7
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Security Features:Closed Circuit Camera(s), Keyed Elevator
Interior
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Interior Features:Elevator
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Flooring:Ceramic Tile, Vinyl
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Levels:Three Or More
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Living Area:639 Sqft
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Window Features:Blinds
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Laundry Features:Common Area
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Living Area Units:Square Feet
Financial & Terms
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Listing Terms:1031 Exchange, ARM, Cash, Conventional
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Buyer Financing:Conventional
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Ownership:CPR
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Land Tenure:Fee Simple
Location
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Region:North Kona
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Unparsed Address:75-5766 KUAKINI HIGHWAY, #503, KAILUA-KONA, HI 96740
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Longitude:-155.99018092
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Latitude:19.63724681
The Property
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Property Type:Residential
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Property Sub Type:Condominium
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Property Attached:true
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Zoning:V-.75
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Lot Size Area:0 Sqft
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Parcel Number:3750080160041
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Roads:None
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Road Frontage Type:Road/Street
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Topography:Level
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Fencing:Chain Link
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Elevation Units:Feet
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Flood Zone:AE, X
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Lava Zone:4
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Waterfront:false
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View:Ocean
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Agriculture Dedicated:false
Listing Agent
- Contact info:
- Agent phone:
- (808) 785-2898
- Office phone:
- (808) 650-5145
Taxes
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Tax Year:2024
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Tax Annual Amount:$4,371.52
Beds
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Bedrooms Total:1
Baths
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Bathrooms Full:1
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Bathrooms Total:1
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Bathrooms Total:1
Heating & Cooling
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Cooling:Air Conditioning, Heat Pump, Zoned
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Heating:Heat Pump, Zoned
Utilities
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Utilities:Cable Available, Electricity Available, Phone Available, Sewer Connected
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Water Heater:Tankless
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Internet Access:Cable, Wireless
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Solid Waste Disposal:Included with Maintenance Fees
Appliances
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Appliances:Dishwasher, Dryer, Microwave Hood, Range, Refrigerator, Washer
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Washer Dryer Type:Coin, Dryer, Washer
The Community
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Subdivision Name:Hienaloli 1 St Hienaloli 6 Th
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Association Fee:$881
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Association Fee Frequency:Monthly
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Community Features:Trash Chute
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Pool:true
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Pool Features:Gunite
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Pets Allowed:Yes
Parking
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Parking Features:Assigned
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Garage Area Units:Square Feet
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Carport Area Units:Square Feet
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/27/25
Jun 27, 2025
|
Sold | HISMLS | $460,000 | -3.2% |
5/12/25
May 12, 2025
|
Sold Subject To Contingencies | HISMLS | $475,000 | |
4/11/25
Apr 11, 2025
|
Listed / Active | HISMLS | $475,000 | 115.9% (13.8% / YR) |