78-261 MANUKAI ST, #201, KAILUA-KONA, HI 96740

Bright Kanaloa at Kona retreat with proven vacation rental performance

Listing Provided by: Hawaii's Homegrown Realty LLC
MLS #: 728320

Description

Welcome to Kanaloa at Kona #201, a light-filled island retreat where natural sunshine pours through expansive windows, creating a bright and airy atmosphere throughout. This desirable corner residence captures beautiful Kona light all day, enhancing the open layout and coastal finishes while inviting the outdoors in. The interior feels uplifting and spacious, with seamless indoor-outdoor flow that embodies relaxed island living. Beyond the unit itself, Kanaloa at Kona is one of Keauhou’s most sought-after oceanfront communities. Residents and guests enjoy: • Lush, meticulously maintained tropical landscaping • Three swimming pools, including an oceanfront pool overlooking the Pacific • Two lighted tennis/pickleball courts • Gated entry for privacy and security • Expansive greenbelts and walking paths along dramatic lava rock coastline • Close proximity to Keauhou Bay, snorkeling, golf, dining, and shopping Whether you’re enjoying morning coffee surrounded by tropical greenery or sunset views along the oceanfront lawns, the grounds create a true resort atmosphere. Proven Income Performance Kanaloa 201 is also a high-performing vacation rental with strong forward bookings: • $52,374.66 secured future 2026 gross revenue • $236.13 Average Daily Rate (ADR) • 68% Occupancy Rate • RevPAR: $161.03 • Substantial Q1–Q2 bookings in place Limited upcoming availability reinforces the desirability and demand for this unit, offering immediate income continuity for a new owner. Whether you are seeking a full-time residence, second home, or investment property with established performance, Kanaloa 201 delivers brightness, lifestyle, and revenue in one exceptional offering.

Property Details

Price: $685,000
Sold Price:
Address: 78-261 MANUKAI ST, #201, KAILUA-KONA, HI 96740
Ownership: CPR
Status: Active
Category: Residential
Type: End Unit, Even Number Unit, Garden, Ground Unit

Total Bedrooms: 2
Total Bathrooms: 2
Full Baths: 2
Living Area: 1,321 Square Feet

Listed by: Hawaii's Homegrown Realty LLC
Year Built: 1980
Levels: One

Features and Amenities

Interior Features:
Exterior Features:
View: Garden, Golf Course, Sunset
Pool: Yes
Pool Features: Gunite, In Ground, Outdoor Pool, Pool/Spa Combo, Tile

Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Washer/Dryer Stacked
Fireplace Features:
Flooring: Carpet
Security: Gated Community
Laundry:

Garage Spaces:
Carport Spaces:
Parking Features: Assigned, Covered, Deeded
Additional Structures:
Home Warranty:

Community Information

Project Name: KANALOA AT KONA
Subdivision Name: KEAUHOU SUBDIVISION
Association Fee: $1,606 Monthly

Stories:
Year Established:

Lava Zone: 4
Flood Zone: VE, X

Land Information

Lot Size: Square Feet
Waterfront:
Land Lease Rent:
Lease Type:
Land Tenure: Fee Simple

Lot Features:
Frontage Type: Golf Course
Roads: Paved, Private
Roads Frontage Type:

Zoning: RM-.75
Horse Amenities:

Additional Details

Assessed Tax Value: $723,700
Annual Tax: $8,467
Tax Year: 2025
Tax Lot:
Tax Block:

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

First Listed February 26, 2026, 10:49 am
Last Updated February 26, 2026, 10:49 am
Listing Conditions: Fee Simple, Standard
Property Condition:
Financial Info Available:

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