UPDATED:
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 639 sqft
Price per Sqft $743
Subdivision Hienaloli 1St - Hienaloli 6Th
MLS Listing ID 719244
Bedrooms 1
Full Baths 1
HOA Fees $881/mo
HOA Y/N Yes
Originating Board Hawaii Information Service
Year Built 1972
Annual Tax Amount $4,371
Tax Year 2024
Property Sub-Type Condominium
Property Description
Seller offering $15,000 in concessions to help pay down mortgage points, HOA fees, upgrades, etc.
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.
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.
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.
Benefits of condo:
Tropical breezes from ocean and mountain keep condo cool and A/C helps in summer.
Pull out couch for extra guest
Fully stocked for all needs for visitors - truly turn key
Whether you're expanding your portfolio or seeking a personal island getaway with income potential, this condo has a great rental history.
Kailua Village Condominium offers:
Pets are allowed with Board approval.
Convenient assigned parking stall- #08
Pool and BBQ area
Secured building/elevator
On-site manager
Coined laundry room
The rental income history is available and the current leasing manager is willing to manage the property after sale.
Location
State HI
Community Hienaloli 1St - Hienaloli 6Th
Zoning V-.75
Region North Kona
City Region North Kona
Interior
Interior Features Elevator
Hot Water Tankless
Heating Heat Pump, Zoned
Cooling Heat Pump, HIS Air Conditioning, Zoned
Flooring Ceramic Tile, Vinyl
Window Features Blinds
Appliance Dishwasher, Dryer, HIS Microwave Hood, Range, Refrigerator, Washer
Laundry Common Area
Exterior
Parking Features Assigned
Pool Gunite
Community Features Trash Chute
Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Connected
View Y/N Yes
View Ocean
Topography Level
Garage No
Building
Story 7
Unit Features High Floor Unit
Entry Level Three Or More
Others
Ownership CPR
Monthly Total Fees $881
Acceptable Financing 1031 Exchange, Cash, Conventional, HIS ARM
Listing Terms 1031 Exchange, Cash, Conventional, HIS ARM
Special Listing Condition Fee Simple, Standard
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Travis Scott
Big Island Realtor | License ID: RS-83053
Big Island Realtor License ID: RS-83053