74-5618 PALANI RD #L2, Kailua Kona, HI 96740
74-5618 PALANI RD #L2, Kailua Kona, HI 96740
74-5618 PALANI RD #L2, Kailua Kona, HI 96740
74-5618 PALANI RD #L2, Kailua Kona, HI 96740
74-5618 PALANI RD #L2, Kailua Kona, HI 96740
74-5618 PALANI RD #L2, Kailua Kona, HI 96740
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Hawaiis Homegrown Realty LLC

Hawaiis Homegrown Realty LLC

+1(808) 494-8122
$ 115,000
Est. payment | /mo

1 Bed

1 Bath

515 SqFt


Save
$ 115,000
Est. payment | /mo
Save

1 Bed

1 Bath

515 SqFt

Open House

Sat Aug 01, 10:00am - 1:00pm

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 515 sqft

Price per Sqft $223

Subdivision Kona Industrial Subdivision

MLS Listing ID 732315

Bedrooms 1

Full Baths 1

HOA Fees $625/mo

HOA Y/N Yes

Rental Info 323

Year Built 1969

Annual Tax Amount $1,181

Tax Year 2026

Property Sub-Type Condominium

Source Hawaii Information Service

Property Description

This is a leasehold property. A rare chance to own near the Kailua-Kona pier. This freshly updated one-bedroom leasehold condo at Kona Kai sits close to Alii Drive, downtown restaurants, and KTA Super Store, at a fraction of the cost of nearby fee-simple condos.

Second-floor unit in one of Kailua-Kona's most central locations, just 0.3 miles from the pier and Alii Drive, so swimming, shopping, and strolling are right outside your door. This unit has an open lanai (although owners can screen in lanais) and an ultra prime parking spot right outside the door.

Recently updated with new laminate flooring, fresh paint throughout, new bathroom vanity and shower surround, and new kitchen appliances — including a gas range which is a rare treat when it comes to condo living.

Land lease through 2034, this is a cash-only purchase, not financeable. CV-10 zoning and HOA rules both allow short-term vacation rental use (STVR/TAR permit not yet obtained, to be secured separately by buyer), offering ultimate flexibly to cover carrying costs when not in use.

Whether you're looking for a home base or a place to get away, this condo puts your Kona dream within reach.

Kona Kai amenities: large community pool with expansive pool deck, BBQ area, on-site coin laundry, outdoor shower for rinsing off.

Location

State HI

County Hawaii Island (big Island)

Community Kona Industrial Subdivision

Area Hi

Building/Complex Name Kona Kai

Zoning CV-10

Region North Kona

City Region North Kona

Interior

Flooring Carpet

Appliance Dishwasher, Microwave Hood, Range, Refrigerator

Exterior

Parking Features Assigned

Utilities Available Electricity Available, Sewer Connected

View Y/N No

Garage No

Private Pool No

Others

Ownership CPR

Monthly Total Fees $625

Acceptable Financing 1031 Exchange, Cash

Listing Terms 1031 Exchange, Cash

Special Listing Condition Leasehold, Standard

Hawaii Information Service (HIS)
Listed by Knutson & Associates
Nearby Locations
Hawaiis Homegrown Realty LLC

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(808) 494-8122

arllen@hihomegrownrealty.com

77-6527 Alii Dr, Kailua-Kona, HI, 96740-2457, USA

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74-5618 PALANI RD #L2