75-5888 ALII DR, #D38, KAILUA KONA, HI 96740

Busy STVR, show only between check out and check in. Rare 2 bedroom unit.

Listing Provided by: Kenneth C. Peters
MLS #: 730104
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Description

Rare 2 bedroom top floor penthouse at Kona Reef with the largest floor plan available. There are only 4 of the large floor plans in the complex, and this is the only one on the top floor. Breathtaking views of the ocean and coastline with AC mini split in the living areas as well as both bedrooms. There is also a wall AC unit as a backup. This unit is a busy STVR with a terrific rental history and future reservations to be honored. Fully furnished with higher end appliances. The Kona Reef is a popular vacation rental destination with it's close proximity to town. 2 bedroom units rarely are on the market, dont miss this one. Showing can only be done between rental check outs and check ins.

Property Details

Price: $1,650,000
Sold Price:
Address: 75-5888 ALII DR, #D38, KAILUA KONA, HI 96740
Ownership: CPR
Status: Active
Category: Residential
Type: End Unit, Even Number Unit, Penthouse

Total Bedrooms: 2
Total Bathrooms: 2
Full Baths: 2
Living Area: 1,120 Square Feet

Listed by: Kenneth C. Peters
Year Built: 1980
Levels:

Features and Amenities

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

Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
Fireplace Features:
Flooring: Carpet, Ceramic Tile, Laminate
Security: Closed Circuit Camera(s), Security Patrol
Laundry:
Garage Spaces:
Carport Spaces:
Parking Features: Covered, Unassigned
Additional Structures:
Home Warranty:

Community Information

Project Name: Kona Reef
Subdivision Name:
Association Fee: $1,737 Monthly
Stories:
Year Established:
Lava Zone: 4
Flood Zone: AE, VE, X

Land Information

Lot Size: Square Feet
Waterfront: Yes
Land Lease Rent:
Lease Type:
Land Tenure: Fee Simple
Lot Features:
Frontage Type: Almost Oceanfront
Roads: County, Paved
Roads Frontage Type:
Zoning: V-.75
Horse Amenities:

Additional Details

Assessed Tax Value: $1,203,300
Annual Tax: $14,079
Tax Year: 2025
Tax Lot:
Tax Block:

Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected, Underground Utilities
Cooling: Air Conditioning, Wall/Window Unit(s), Zoned
Heating: Zoned
Sewer:
Water:
Solid Waste Disposal: Included with Maintenance Fees

First Listed May 2, 2026, 8:05 am
Last Updated May 3, 2026, 5:31 am
Listing Conditions: Fee Simple, Standard
Property Condition:
Financial Info Available:

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