74-5618 PALANI RD, #M1, KAILUA-KONA, HI 96740

2-Bedroom Gem at Kona Kai in the heart of Kailua Kona!

Listing Provided by: Coldwell Banker Island Properties - Kona
MLS #: 726156
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Description

This is a leasehold property. CASH and 1031 transactions only. Step into the heart of Kailua Kona with this rarely available ground floor end unit 2-bedroom, 1-bath condo at Kona Kai—where convenience, comfort, and island lifestyle come together. Just minutes from the ocean, popular restaurants, cozy coffee shops, grocery stores, and everyday essentials, this 624 sq. ft. unit puts you right where you want to be.Thoughtfully updated, the home features:* tile & luxury vinyl plank wood like flooring throughout * wall and window A/C units in bedrooms and living room* sleek and stylish tile kitchen backsplash* granite countertops* updated kitchen cabinets* gas stove* a refreshed bathroom vanity with solid stone sink* tiled shower with updated light fixtures* crown molding* updated stainless steel refrigerator* your own portable washing machine—making daily living effortless* enclosed screened lanai overlooking a tropical serene park like view* updated front door* updated security screenKona Kai allows short term vacation rentals and is all about easy island living with great amenities, including a sparkling swimming pool, barbecue area, and assigned parking. HOA fees cover building and grounds maintenance, insurance, water, sewer, trash, quarterly pest control and gas—an ideal low-maintenance lifestyle in one of Kona’s most convenient locations. Unit includes one assigned parking space. Complex is also pet friendly.A fantastic opportunity to enjoy vibrant Kona living with nearly everything at your fingertips."You're Gonna Love It..."

Property Details

Price: $155,000
Sold Price:
Address: 74-5618 PALANI RD, #M1, KAILUA-KONA, HI 96740
Ownership: CPR
Status: Active
Category: Residential
Type:

Total Bedrooms: 2
Total Bathrooms: 1
Full Baths: 1
Living Area: 624 Square Feet

Listed by: Coldwell Banker Island Properties - Kona
Year Built: 1969
Levels:

Features and Amenities

Interior Features:
Exterior Features:
View:
Pool:
Pool Features:

Appliances: Range, Refrigerator, Washer
Fireplace Features:
Flooring:
Security:
Laundry:
Garage Spaces:
Carport Spaces:
Parking Features: Assigned
Additional Structures:
Home Warranty:

Community Information

Project Name: Kona Kai
Subdivision Name: KONA INDUSTRIAL SUBDIVISION
Association Fee: $754 Monthly
Stories:
Year Established:
Lava Zone: 4
Flood Zone: X

Land Information

Lot Size: Square Feet
Waterfront:
Land Lease Rent: $0
Lease Type:
Land Tenure: Leasehold
Lot Features:
Frontage Type:
Roads: Paved
Roads Frontage Type:
Zoning: CV-10
Horse Amenities:

Additional Details

Assessed Tax Value: $144,000
Annual Tax: $1,769
Tax Year: 2025
Tax Lot:
Tax Block:

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

First Listed December 15, 2025, 5:54 am
Last Updated December 15, 2025, 5:54 am
Listing Conditions: Leasehold, Standard
Property Condition:
Financial Info Available:

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