75-5776 KUAKINI HIGHWAY, #349, KAILUA KONA, HI 96740

Great nearly Oceanfront Vacation Rental Opportunity at Kona Islander Inn

Listing Provided by: COMPASS
MLS #: 730578
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Description

This is a leasehold property. Already performing and ready for its next owner. This active Short-Term Vacation Rental at the Kona Islander Inn carries a documented booking history into your portfolio on day one. Situated in the heart of Kailua Village, this 372 sqft studio puts guests exactly where they want to be: steps from the waterfront energy of Ali'i Drive, walkable to some of the best dining and boutique shopping on the Big Island, and moments from manta ray night dives, Kona Pier, and the kind of sunset happy hours that make people extend their trips. No car needed. Resort-style amenities, pool, hot tub, lush tropical gardens with winding pathways, BBQ grills, and a professional front desk team managing every check-in and check-out. Then there's Unit 349 itself. Perched on the third floor of the Niihau building, the closest building to the ocean at Kona Islander Inn, this is one of the most coveted positions in the entire complex, and the views prove it. Step onto your private lanai and take in the Pacific stretching to the horizon on one side and the vibrant pulse of Ali'i Drive below on the other. It's the kind of view that stops guests mid-sentence and keeps them booking year after year. Inside, bright and airy interiors with cool-toned walls and tile floors create a clean, calming retreat. Offered furnished and move-in ready. For the investor who wants proof before purchase. For the dreamer who's finally ready to make it real. With ocean views, Alii Drive at your feet, and a booking history already in place, Unit 349 is the one guests remember. Monthly maintenance fees cover water, electricity, trash service, basic cable, and high-speed internet.

Property Details

Price: $249,000
Sold Price:
Address: 75-5776 KUAKINI HIGHWAY, #349, KAILUA KONA, HI 96740
Ownership: CPR
Status: Active
Category: Residential
Type:

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

Listed by: COMPASS
Year Built: 1969
Levels:

Features and Amenities

Interior Features:
Exterior Features:
View: Ocean
Pool: Yes
Pool Features: In Ground, Pool/Spa Combo

Appliances: Microwave, Refrigerator
Fireplace Features:
Flooring:
Security:
Laundry: Common Area
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: Landscaped
Frontage Type: Almost Oceanfront
Roads: County, Paved, Street Lights
Roads Frontage Type: Road/Street
Zoning: V-.75
Horse Amenities:

Additional Details

Assessed Tax Value: $255,300
Annual Tax: $3,136
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 May 23, 2026, 12:40 pm
Last Updated May 23, 2026, 1:00 pm
Listing Conditions: Leasehold, Standard
Property Condition:
Financial Info Available:

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