- – beds
- 1 bath
- 372 sqft
- $551 per sqft
- 1969 build
This is a leasehold property. Island-Style Studio with Pool View in the Heart of Kailua-Kona – Active Vacation Rental<br><br>Welcome to Kona Islander Inn Unit 201, a cozy studio unit with a private lanai overlooking the pool and tropical landscaping—perfect for enjoying Kona’s breezes. This leasehold unit is being sold turnkey and is currently an active short-term vacation rental with a strong rental history and future bookings in place.<br><br>Inside, you’ll find island-style furnishings, a queen bed, TV, AC, and a seating area for relaxing after a beach day. The kitchenette includes a full-size fridge, microwave, and coffee machine. Step outside onto your lanai, complete with a bar-height table and beach gear (chairs, boogie board, beach tent, and cooler)—ready for guest enjoyment.<br><br>The Kona Islander Inn offers tropical grounds and resort-style amenities including a pool, hot tub, BBQ area, on-site laundry with key card access, and front desk check-in services. Parking is first-come, first-served. Located along vibrant Alii Drive, you’re just a short stroll to beaches, Kailua Pier, restaurants, and shops.<br><br>Monthly maintenance fees include water, electricity, basic cable, trash, and high-speed internet—making your fixed costs predictable.<br><br>The lease ends in 2079 with renegotiation scheduled for 2029. Don’t miss this opportunity to own a successful vacation rental or personal getaway in the heart of Kailua-Kona!
Last checked:
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Last updated Jun 21, 2025
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MLS# 721603 —
The Building
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Year Built:1969
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Unit Number:201
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Roofed Area Units:Square Feet
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Exterior Area Units:Square Feet
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Security Features:Smoke Detector(s)
Interior
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Flooring:Ceramic Tile
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Living Area:372 Sqft
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Window Features:Blinds
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Living Area Units:Square Feet
Financial & Terms
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Listing Terms:Cash, Conventional
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Ownership:CPR
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Land Tenure:Leasehold
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Leasehold Rent:$255
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Leasehold Expires:2079
Location
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Region:North Kona
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Unparsed Address:75-5776 KONA ISLANDER INN, #201, KAILUA-KONA, HI 96740
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Longitude:-155.9898585
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Latitude:19.63650604
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:3750080030012
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Roads:County, Private
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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
Listing Agent
- Contact info:
- Agent phone:
- (808) 365-3528
- Office phone:
- (808) 378-5447
Taxes
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Tax Year:2024
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Tax Annual Amount:$2,805.44
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
Utilities
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Utilities:Cable Available, Electricity Available, Phone Available, Sewer Connected, Water Available
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Water Source:Public
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Internet Access:Wireless
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Solid Waste Disposal:Included with Maintenance Fees
Appliances
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Appliances:Microwave, Refrigerator
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Washer Dryer Type:Shared
The Community
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Association Fee:$1,288.05
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Association Fee Frequency:Monthly
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Community Features:Concierge
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Pool:true
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Pool Features:In Ground, Pool/Spa Combo
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Pets Allowed:No
Parking
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Parking Features:Unassigned
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Garage Area Units:Square Feet
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Carport Area Units:Square Feet
Monthly cost estimate

Asking price
$205,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,097
|
Taxes | $233 |
Insurance | $56 |
HOA fees | $1,288 |
Utilities | $143 See report |
Total | $2,817/mo.* |
*This is an estimate |
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 |
---|---|---|---|---|
6/21/25
Jun 21, 2025
|
Listed / Active | HISMLS | $205,000 |