75-5776 KONA ISLANDER INN, #208, KAILUA KONA, HI 96740

This is a leasehold property. Kona’s Rare 1-Bedroom. Turnkey Paradise Asset

Listing Provided by: eXp Realty
MLS #: 729785
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Description

This is a leasehold property. A true "one-of-a-kind" rarely available find. While the Kona Islander Inn is famed for its cozy studios, this is one of only two 1-bedroom "double units" in the entire complex. A “unicorn” opportunity. Originally the Hotel Manager's Suite, this is the largest condo on-site, offering a premium lifestyle and investment potential that simply cannot be matched. Situated in the absolute heart of Kailua-Kona, this unit offers a premier walk-to-everything lifestyle just steps from the pier, beaches and the best dining and sunsets on Ali'i Drive. This isn't just a beautiful home; it’s a high-performance vacation rental with a history of stellar reviews and a robust calendar of future bookings already secured. This turnkey property is a proven, high-yield engine ready for the savvy investor. Fully remodeled with a sleek "Old Hawaiiana" aesthetic, this retreat blends vintage island charm with modern high-end finishes, including a rare full kitchen, a private bedroom with dual entries, a full bathroom, new flooring and split AC system. The oversized lanai overlooks the pool and lush botanical gardens for a front row seat to paradise. The monthly fees at the Kona Islander Inn are designed for ultimate investor convenience, bundling nearly all carrying costs into a single, predictable structure. The monthly fees include: All Utilities: Electricity, AC, Water, Sewer, and Trash. Connectivity: High-speed Internet and Basic Cable TV. Resort Care: Maintenance of the pool, hot tub, BBQ areas, lush botanical grounds, and exterior building insurance. The long-term leasehold is secured through 2079, allowing over 52 years of ownership stability. This extended timeline offers the rare advantage of more flexible financing options and long-term security for your investment. Don't miss your chance to own the largest and most profitable condo in one of Kona’s most popular destination resorts.

Property Details

Price: $389,000
Sold Price:
Address: 75-5776 KONA ISLANDER INN, #208, KAILUA KONA, HI 96740
Ownership: CPR
Status: Active
Category: Residential
Type:

Total Bedrooms: 1
Total Bathrooms: 1
Full Baths: 1
Living Area: 529 Square Feet

Listed by: eXp Realty
Year Built: 1969
Levels:

Features and Amenities

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

Appliances: Microwave, Range, Refrigerator
Fireplace Features:
Flooring: Hardwood, Laminate
Security:
Laundry:
Garage Spaces:
Carport Spaces:
Parking Features: Unassigned
Additional Structures:
Home Warranty:

Community Information

Project Name: KONA ISLANDER INN
Subdivision Name:
Association Fee: $1,138 Monthly
Stories:
Year Established:
Lava Zone: 4
Flood Zone: AE, X

Land Information

Lot Size: Square Feet
Waterfront:
Land Lease Rent: $203
Lease Type:
Land Tenure: Leasehold
Lot Features:
Frontage Type:
Roads: Paved, Street Lights
Roads Frontage Type:
Zoning: V-.75
Horse Amenities:

Additional Details

Assessed Tax Value: $329,700
Annual Tax: $4,050
Tax Year: 2025
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 April 19, 2026, 3:11 pm
Last Updated April 19, 2026, 3:11 pm
Listing Conditions: Leasehold, Standard
Property Condition:
Financial Info Available:

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