75-5776 KONA ISLANDER INN, #201, KAILUA-KONA, HI 96740
Kona Islander Inn #201: Popular Kailua-Kona Investment Property
Listing Provided by: COMPASS
MLS #: 721603
MLS #: 721603
Description
This is a leasehold property. Island-Style Studio with Pool View in the Heart of Kailua-Kona – Active Vacation RentalWelcome 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.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.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.Monthly maintenance fees include water, electricity, basic cable, trash, and high-speed internet—making your fixed costs predictable.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!
Property Details
Price: $205,000
Sold Price:
Address: 75-5776 KONA ISLANDER INN, #201, KAILUA-KONA, HI 96740
Ownership: CPR
Status: Active
Category: Residential
Type:
Sold Price:
Address: 75-5776 KONA ISLANDER INN, #201, KAILUA-KONA, HI 96740
Ownership: CPR
Status: Active
Category: Residential
Type:
Total Bedrooms:
Total Bathrooms: 1
Full Baths: 1
Living Area: 372 Square Feet
Listed by: COMPASS
Year Built: 1969
Levels:
Year Built: 1969
Levels:
Features and Amenities
Interior Features:
Exterior Features:
View:
Pool: Yes
Pool Features: In Ground, Pool/Spa Combo
Appliances: Microwave, Refrigerator
Fireplace Features:
Flooring: Ceramic Tile
Security: Smoke Detector(s)
Laundry:
Fireplace Features:
Flooring: Ceramic Tile
Security: Smoke Detector(s)
Laundry:
Garage Spaces:
Carport Spaces:
Parking Features: Unassigned
Additional Structures:
Home Warranty:
Carport Spaces:
Parking Features: Unassigned
Additional Structures:
Home Warranty:
Community Information
Project Name: KONA ISLANDER INN
Subdivision Name:
Association Fee: $1,288 Monthly
Subdivision Name:
Association Fee: $1,288 Monthly
Stories:
Year Established:
Year Established:
Lava Zone: 4
Flood Zone: AE, X
Flood Zone: AE, X
Land Information
Lot Size: Square Feet
Waterfront:
Land Lease Rent: $255
Lease Type:
Land Tenure: Leasehold
Waterfront:
Land Lease Rent: $255
Lease Type:
Land Tenure: Leasehold
Lot Features:
Frontage Type:
Roads: County, Private
Roads Frontage Type:
Frontage Type:
Roads: County, Private
Roads Frontage Type:
Zoning: V-.75
Horse Amenities:
Horse Amenities:
Additional Details
Assessed Tax Value: $228,400
Annual Tax: $2,805
Tax Year: 2024
Tax Lot:
Tax Block:
Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected, Water Available
Cooling: HIS Air Conditioning
Heating:
Sewer:
Water: Public
Solid Waste Disposal: Included with Maintenance Fees
Cooling: HIS Air Conditioning
Heating:
Sewer:
Water: Public
Solid Waste Disposal: Included with Maintenance Fees
First Listed June 21, 2025, 8:13 am
Last Updated June 21, 2025, 8:36 am
Listing Conditions: Leasehold, Standard
Property Condition:
Financial Info Available:
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