75-5669 KUAKINI HIGHWAY, #4302, KAILUA-KONA, HI 96740

Kailua Bay Resort #4302: Top-floor ocean view investment property

Listing Provided by: COMPASS
MLS #: 720460
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Description

Top Floor Condo with Ocean Views in Kailua Bay Resort – Active Vacation Rental with over $95,000 in gross income in 2024!Experience island living in this beautifully maintained 2-bedroom, 2-bath condo located on the top floor of Kailua Bay Resort. Enjoy ocean views from the living room and lanai, enhanced by soaring cathedral ceilings and clerestory windows that fill the space with natural light and tropical treetop views.The spacious layout features a striking entry with varied ceiling heights, a well-appointed kitchen with abundant cabinet space and a functional pantry, and recent upgrades including luxury vinyl plank flooring, a stainless-steel French door refrigerator, slide-in range, full-size dishwasher, and a Tri-Zone AC—less than 3 years old—for efficient, customizable cooling throughout the unit.The first-floor bedroom boasts large windows with serene mountain views and ample closet space. A full bathroom with a tub/shower combo and an in-unit washer/dryer add to the home’s functionality. The open-concept living area flows seamlessly to the lanai—perfect for relaxing or entertaining with panoramic ocean vistas.This unit is being sold turnkey furnished and is ready for full-time living, a second home, or as a short-term vacation rental. Kailua Bay Resort allows vacation rentals and offers fantastic amenities including a swimming pool, spa, BBQ area, and convenient gated access to nearby shopping at Kopiko Plaza. One assigned parking space (#24) is included.Pet-friendly with allowance for one dog or two cats per association guidelines. Smoking is permitted only in designated areas.Conveniently located just minutes from Kailua Pier, beaches, restaurants, and the heart of Historic Kailua Village.

Property Details

Price: $675,000
Sold Price:
Address: 75-5669 KUAKINI HIGHWAY, #4302, KAILUA-KONA, HI 96740
Ownership: CPR
Status: Active
Category: Residential
Type:

Total Bedrooms: 2
Total Bathrooms: 2
Full Baths: 2
Living Area: 943 Square Feet

Listed by: COMPASS
Year Built: 1982
Levels:

Features and Amenities

Interior Features:
Exterior Features:
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Pool:
Pool Features:

Appliances: Dishwasher, Microwave, Range, Range Hood, Refrigerator
Fireplace Features:
Flooring: Carpet
Security:
Laundry:
Garage Spaces:
Carport Spaces:
Parking Features: Assigned
Additional Structures:
Home Warranty:

Community Information

Project Name: Kailua Bay Resort
Subdivision Name: LANIHAU 1ST - HIENALOLI 1ST
Association Fee: $489 Monthly
Stories:
Year Established:
Lava Zone: 4
Flood Zone: X

Land Information

Lot Size: Square Feet
Waterfront:
Land Lease Rent:
Lease Type:
Land Tenure: Fee Simple
Lot Features:
Frontage: a:0:{}
Frontage Type:
Roads: Paved
Roads Frontage Type:
Zoning: V-1.25
Horse Amenities:

Additional Details

Assessed Tax Value: $501,800
Annual Tax: $6,164
Tax Year: 2024
Tax Lot:
Tax Block:

Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected
Cooling:
Heating:
Sewer:
Water:
Solid Waste Disposal: Included with Maintenance Fees

First Listed May 13, 2025, 8:11 am
Last Updated May 16, 2025, 10:53 am
Listing Conditions: Fee Simple, Standard
Property Condition:
Financial Info Available:

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