Hawaii Living

Honalo Plaza #109 (Kona)

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79-7261 Nahenahe Loop #109, Kona

Description
This is a leasehold property.
Private location with Ocean View on the west-facing side of Honalo Plaza
The current rent rates in the building are $1,950-$2100 with many hoping to call this their next home. The AOAO dues of $556 per month INCLUDE water, electricity, and propane as well as trash removal and hot water and leasehold fees. This makes the investment math pretty simple and the cost of a primary home more affordable for many. The current lease expires in 2039.
Available for short notice showings.
Only cash offers.
This condo has been remodeled and is ready for a new owner to enjoy.
New appliances
New Sherwin Williams Paint throughout
Additional Closet area added
Total Bathroom Transformation
Total Kitchen Transformation
New LED lighting throughout
CASH OFFERS ONLY
Past Activity
  • Jan 15, 2025 Sold for $145,000
  • Jan 13, 2025 Under Contract
  • Aug 16, 2024 Off Market
  • May 21, 2024 Listed at $159,750
More Details
  • HOA Fees / ft²: $1.32
  • Price / ft²: $253
  • Zoning: CV-7.5
  • Amenities: Microwave, Range, Refrigerator
  • TMK: 3790140160015
  • Tax Assessed Value: $109,200
  • Courtesy: Hawaii Real Estate Group LLC
  • MLS: 711070
About Honalo Plaza
  • Address: 79-7261 Nahenahe Loop, Kealakekua, HI 96750.
     
  • Built: 1970, 18 1BR Units in 3-Story Building on 0.61 Acres.
     
  • Amenities: No Amenities on Property.
     
  • Short-term Vacation Renting: Not Allowed.
     
  • Developer: Hui Aihui.

Honalo Plaza is in an inland part of Kona, much of the surrounding lands used as coffee farms.

There are thirty total units in the building, but only eighteen are residences. The remaining twelve are commercial. The one bedroom condos have interiors that range from 465 to 593 Sq Ft.

This is a Leasehol  ..... Read more.


MLS properties and information provided herein is deemed reliable but is not guaranteed by the Hawaii Information Service, Inc. Listing Service. © 2025 Hawaii Information Service. All Rights Reserved. This website is for personal, non-commercial use only. Listings last updated on March 26, 2025.
Other Honalo Plaza Listings
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Leasehold
$139,900
Honalo Plaza #111
1 Bd | 1 Ba
468 ft²
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Puueo Villa #2
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33 Hualalai #203
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Ala Moana
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$159,000
Ala Moana Hotel Condo #932
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$168,000
Pokai Bay Beach Cabanas #214
Studio | 1 Ba
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$129,900
Makaha Surfside #C315
Studio | 1 Ba
361 ft²
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$175,000
  • Sold 1/15/25 at $145,000
    (List Price: $149,900)
Description
This is a leasehold property.
Private location with Ocean View on the west-facing side of Honalo Plaza
The current rent rates in the building are $1,950-$2100 with many hoping to call this their next home. The AOAO dues of $556 per month INCLUDE water, electricity, and propane as well as trash removal and hot water and leasehold fees. This makes the investment math pretty simple and the cost of a primary home more affordable for many. The current lease expires in 2039.
Available for short notice showings.
Only cash offers.
This condo has been remodeled and is ready for a new owner to enjoy.
New appliances
New Sherwin Williams Paint throughout
Additional Closet area added
Total Bathroom Transformation
Total Kitchen Transformation
New LED lighting throughout
CASH OFFERS ONLY
    MLS properties and information provided herein is deemed reliable but is not guaranteed by the Hawaii Information Service, Inc. Listing Service. © 2025 Hawaii Information Service. All Rights Reserved. This website is for personal, non-commercial use only. Listings last updated on March 26, 2025.
    • Jan 15, 2025 Sold for $145,000
    • Jan 13, 2025 Under Contract
    • Aug 16, 2024 Off Market
    • May 21, 2024 Listed at $159,750
    • Address: 79-7261 Nahenahe Loop, Kealakekua, HI 96750.
       
    • Built: 1970, 18 1BR Units in 3-Story Building on 0.61 Acres.
       
    • Amenities: No Amenities on Property.
       
    • Short-term Vacation Renting: Not Allowed.
       
    • Developer: Hui Aihui.

    Honalo Plaza is in an inland part of Kona, much of the surrounding lands used as coffee farms.

    There are thirty total units in the building, but only eighteen are residences. The remaining twelve are commercial. The one bedroom condos have interiors that range from 465 to 593 Sq Ft.

    This is a Leasehol  ..... Read more.


    Other Honalo Plaza Listings
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    Leasehold
    $139,900
    Honalo Plaza #111
    1 Bd | 1 Ba
    468 ft²
     
    You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
    Buyer and Seller have reached an agreement and are under contract. The sale may be subject to one or more contingencies.
    We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, we can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
    Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
    We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
    Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
    Other fees could be a special assessment, reserve contributions etc.
    DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
    Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.