$ 460,000 $ 475,000 3.2%

75-5766 KUAKINI HIGHWAY #503

Kailua-kona, HI 96740

  • 1 Bed
  • 1 Bath
    Full Baths: 1
  • 639 SqFt
  • 1972 Year Built
Prime Investment Opportunity – Ocean View Vacation Rental in Kailua-Kona
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.
Listed by Real Broker LLC

PROPERTY DETAIL

  • Key Details

    Sold Price $460,0003.2%

    Property Type Condo

    Sub Type Condominium

    Listing Status Sold

    Purchase Type For Sale

    Square Footage 639 sqft

    Price per Sqft $719

    Subdivision Hienaloli 1St - Hienaloli 6Th

    MLS Listing ID 719244

    Sold Date 06/27/25

    Bedrooms 1

    Full Baths 1

    HOA Fees $881/mo

    HOA Y/N Yes

    Year Built 1972

    Annual Tax Amount $4,371

    Tax Year 2024

    Property Sub-Type Condominium

    Source Hawaii Information Service

  • Location

    State HI

    County Hawaii Island (big Island)

    Community Hienaloli 1St - Hienaloli 6Th

    Area Hi

    Building/Complex Name Kailua Village

    Zoning V-.75

    Region North Kona

    City Region North Kona

  • Building

    Story 7

    Unit Features High Floor Unit

    Entry Level Three Or More

  • 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

    Private Pool Yes

  • 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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CONTACT

RS Julie Ziemelis
RS Julie Ziemelis

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