75-5776 KONA ISLANDER INN, #305, KAILUA KONA, HI 96740

Ocean View Fully Furnished Newly Remodeled Successful Vacation Rental

Listing Provided by: KW Big Island
MLS #: 732948
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Description

This is a leasehold property. Long-term lease expiring in 2079! Fully renovated & Fully furnished Active STVR in Prime Kailua-Kona Location! This beautifully updated studio at Kona Islander Inn offers an exceptional opportunity to own an affordable Hawaiian getaway with established short-term vacation rental potential. Located in a designated Vacation Zone across the street from the shoreline, dining, shopping, and popular Kona attractions, this third-floor condo is ideally positioned for both personal enjoyment and investment use. The thoughtfully renovated interior features modern tropical finishes, comfortable furnishings, and a welcoming resort-inspired atmosphere. Enjoy your private lanai overlooking the lush grounds and pool area—an ideal spot for morning coffee or winding down after a day of island adventures. Kona Islander Inn offers a relaxed vacation setting with a swimming pool, jacuzzi, BBQ areas, and onsite laundry. The convenient location puts you close to ocean activities, restaurants, entertainment, and everything downtown Kailua-Kona has to offer. As a leasehold property, this studio provides an opportunity to enter the Kona market at a potentially lower price point while enjoying the benefits of a vacation-oriented location. Whether you're looking for a personal island retreat, a potential income-producing STVR, or a combination of both, this turnkey studio is worth a look. HOA fee includes water, internet, trash, TV and electricity!

Property Details

Price: $220,000
Sold Price:
Address: 75-5776 KONA ISLANDER INN, #305, KAILUA KONA, HI 96740
Ownership: CPR
Status: Active
Category: Residential
Type: High Floor Unit

Total Bedrooms:
Total Bathrooms: 1
Full Baths: 1
Living Area: 372 Square Feet

Listed by: KW Big Island
Year Built: 1969
Levels:

Features and Amenities

Interior Features:
Exterior Features:
View: Garden, Ocean, Sunset
Pool: Yes
Pool Features: In Ground

Appliances: Dryer, Microwave, Refrigerator, Washer
Fireplace Features:
Flooring: Vinyl
Security:
Laundry:
Garage Spaces:
Carport Spaces:
Parking Features: Unassigned
Additional Structures:
Home Warranty:

Community Information

Project Name: KONA ISLANDER INN
Subdivision Name:
Association Fee: $837 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: County
Roads Frontage Type:
Zoning: V-.75
Horse Amenities:

Additional Details

Assessed Tax Value: $198,500
Annual Tax: $2,438
Tax Year: 2026
Tax Lot:
Tax Block:

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

First Listed August 29, 2026, 10:32 am
Last Updated September 1, 2026, 8:08 am
Listing Conditions: Leasehold, Standard
Property Condition:
Financial Info Available:

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