2 Beds
2 Baths
1,041 SqFt
2 Beds
2 Baths
1,041 SqFt
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 1,041 sqft
Price per Sqft $412
Subdivision Kahului 1St & 2Nd
MLS Listing ID 732991
Bedrooms 2
Full Baths 2
HOA Fees $1,496/mo
HOA Y/N Yes
Rental Info 424
Year Built 1979
Annual Tax Amount $3,685
Tax Year 2026
Property Sub-Type Condominium
Source Hawaii Information Service
Property Description
The unit underwent extensive updates in 2024, including new A/C mini-splits, refreshed kitchen cabinetry, new backsplash and floating shelves, new living room and kitchen flooring, updated paint and wall coverings, new fixtures and lighting, new furniture and décor, custom headboards, and a new television in the primary bedroom.
Kona Makai 2-101 offers an established short-term vacation rental history and is being sold **turnkey and fully furnished**, creating an attractive opportunity for a buyer seeking a second home, island getaway, or investment property. Successful vacation rental in 2025 with additional rental activity continuing through 2026. Future reservations are already scheduled from September through spring, providing potential continuity for a buyer interested in vacation-rental use, subject to applicable rules, permits, booking-platform requirements, and reservation-transfer arrangements.
An especially notable feature is the opportunity to convert the property from leasehold to fee simple. The Kona Makai AOAO has acquired the leased-fee interests for the condominium project and established a program allowing individual unit owners to purchase their proportionate fee interest. Buyers should review the current fee-conversion documents, pricing, deadlines, financing terms, and closing costs as part of their due diligence.
Established vacation rental with a potential path to fee-simple ownership.
Location
State HI
County Hawaii Island (big Island)
Community Kahului 1St & 2Nd
Area Hi
Building/Complex Name KONA MAKAI
Zoning V-1.25
Region North Kona
City Region North Kona
Interior
Flooring Carpet
Appliance Dishwasher, Disposal, Freezer, Microwave Hood, Other, Range, Refrigerator
Exterior
Parking Features Other, Unassigned
Pool Gunite, In Ground, Pool/Spa Combo
Utilities Available Electricity Available, Sewer Connected
View Y/N Yes
View Garden, Ocean, Ocean Horizon, Other, Sunset
Garage No
Private Pool Yes
Others
Ownership CPR
Monthly Total Fees $1, 496
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Leasehold, Standard
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