75 5855 Walua Rd Unit 12
Kailua-Kona, HI 96740
- 1 bed
- 2 baths
- 800 sqft
- $686 per sqft
- 1972 build
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This fully renovated, turnkey condo in Kona offers modern design, privacy, and exceptional rental potential with an active vacation rental permit. Nestled in the quiet back corner of the desirable Malia Kai complex, this stunning unit has no neighbors above or below, and only one shared wall.<br><br>Upgraded Interior: The extensive renovation featured upgraded flooring, paint, artwork, ceiling fans, lighting fixtures, switches, baseboards and trim for a polished, modern aesthetic. The kitchen was remodeled with updated cabinetry, quartz counters, and premium appliances. Both bathrooms were updated with contemporary finishes, such as new vanities, shower tile, toilets and fixtures. High vaulted ceilings on the top floor enhance the open, airy island feel.<br><br>Flexible Layout: The current 1-bedroom layout can easily be converted back to its original 2-bedroom design with Shoji doors or curtains, offering versatile options as a rental space or full-time occupancy. Two private lanais provide an ideal spot to relax and enjoy the tranquil surroundings, whether sipping morning Kona coffee or enjoying sunset mai tais. The condo is fully equipped with washer and dryer, conveniently located off the private carport, along with ample storage space.<br><br>Investment Potential: This unit has an active Short-Term Vacation Rental (STVR) Permit, offering immediate rental opportunities.<br><br>Exclusive Community: Malia Kai is a well-maintained boutique complex of only 20 units, creating an intimate and exclusive atmosphere. The gated property features a swimming pool, BBQ area with grills, and lush landscaping for residents and guests to enjoy.<br><br>Prime Location: Situated across from the Royal Kona Resort and just moments from Kailua-Kona's shops, restaurants and waterfront activities, this condo offers the perfect mix of privacy and convenience. Association dues cover basic cable, water, sewer, trash and exterior maintenance, ensuring a hassle-free ownership experience.
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Last updated May 2, 2025
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MLS# 718808 —
The Building
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Year Built:1972
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Unit Number:12
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Unit Description:End Unit, Even Number Unit, No Unit Above or Below
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Roofed Area Units:Square Feet
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Exterior Area Units:Square Feet
Interior
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Flooring:Carpet
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Living Area:800 Sqft
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Living Area Units:Square Feet
Financial & Terms
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Listing Terms:1031 Exchange, Cash, Conventional
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Buyer Financing:1031, Other
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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:75-5855 WALUA RD, #12, KAILUA-KONA, HI 96740
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Longitude:-155.98816036
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Latitude:19.6315968
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:RM-1
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Lot Size Area:0 Sqft
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Parcel Number:3750090090012
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Roads:Paved
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Elevation Units:Feet
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Flood Zone:X
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Lava Zone:4
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (808) 782-4386
- Office phone:
- (808) 725-2794
Taxes
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Tax Year:2024
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Tax Annual Amount:$5,019.30
Beds
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Bedrooms Total:1
Baths
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Bathrooms Full:1
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Bathrooms Half:1
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Bathrooms Total:1
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Bathrooms Total:2
The Listing
Utilities
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Utilities:Electricity Available, Sewer Connected
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Solid Waste Disposal:Included with Maintenance Fees
Appliances
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Appliances:Dishwasher, Disposal, Dryer, Microwave Hood, Range, Refrigerator, Washer
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Washer Dryer Type:Dryer, Washer
The Community
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Subdivision Name:Hienaloli 6 Th Puaa 2 Nd
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Association Fee:$900
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Association Fee Frequency:Monthly
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Pool:false
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Pets Allowed:No
Parking
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Parking Features:Assigned, Covered
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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 |
|---|---|---|---|---|
|
5/2/25
May 2, 2025
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Sold | HISMLS | $549,000 | |
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4/11/25
Apr 11, 2025
|
Sold Subject To Contingencies | HISMLS | $549,000 |
