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Kona Islander Inn #148 (Kona)

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Photo 1 of 75-5776 Kona Islander Inn #148, Kona
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75-5776 Kona Islander Inn #148, Kona

Description
This is a leasehold property.

Perched in front of a picturesque tropical lawn, framed by stunning ocean views bordering Ali'i Drive, this active vacation rental places you right in the heart of Kona. This condo sits as an end-unit on the ground floor, making it easy to roll your suitcases right on in. No climbing stairs! Ideal for a single, couple, or anyone seeking a tropical getaway that's only a few steps from Ali’i Drive.

Kona Islander Inn complex features an open air lobby/reception area, pool, hot tub, two BBQ’s, and coin operated laundry facilities. Designated as a hotel, you do not need a STVR/ Vacation Rental Permit to operate short-term rentals. This prime location places you close to restaurants, beaches, the Kona pier, volleyball courts, and has direct access to Ali’i Drive.

The studio itself hosts a comfortable space with a new mini-fridge, toilet, shower and refreshed paint, but could be a gem for someone with a vision to add their own personal touches and upgrades.

Monthly fee of $1,102 includes property leasing fee of $203. Includes electricity, water, sewer, trash, basic cable, internet, parking, exterior maintenance and grounds.

Seller is offering $3,000 in closing credit on an accepted offer!
Past Activity
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $2.96
  • Price / ft²: $659
  • Zoning: V-.75
  • View: Garden, Ocean, Ocean Horizon
  • Amenities: Microwave, Refrigerator
  • TMK: 3750080030128
  • Tax Assessed Value: $249,000
  • Courtesy: Coldwell Banker Island Properties - Kona / 8089901245
  • MLS: 710526
About Kona Islander Inn
  • Address: 75-5776 Kuakini Hwy, Kailua-Kona, HI 96740.
     
  • Built: 1969, 145 Studio & 1BR Units in 7 3-Story Buildings on 2.35 Acres.
     
  • Amenities: Pool, Hot Tub.
     
  • Short-term Vacation Renting: Allowed.
     
  • Developer: Kona Islander Inn Corp.

The Kona Islander Inn is just across the street from Kalaepaakai Beach, with only 50 yards between the condos closest to Alii Dr and the ocean waters.

The studio and one bedroom condos have interiors of 342 to 529 Sq Ft with one covered lanai on the outside. There are only two one bedroom floor  ..... 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 November 07, 2025.
Other Kona Islander Inn Listings
Leasehold
$255,000
Kona Islander Inn #135
Studio | 1 Ba
372 ft²
Leasehold
$264,000
Kona Islander Inn #142
Studio | 1 Ba
372 ft²
Leasehold
$265,000
Kona Islander Inn #234
Studio | 1 Ba
372 ft²
Leasehold
$240,000
Kona Islander Inn #324
Studio | 1 Ba
372 ft²
Other Big Island Condos
Hilo
$250,000
Lagoon View Apartments #A3
1 Bd | 1 Ba
448 ft²
Hilo
$275,000
Wainaku Terrace #201
2 Bds | 1.5 Ba
706 ft²
Puna
$279,000
Colony One #54
1 Bd | 1 Ba
627 ft²
Hilo
$280,000
Hilo Terrace #110
2 Bds | 1 Ba
695 ft²
Hilo
$225,000
Kalani Condominiums #206
2 Bds | 1 Ba
720 ft²
Hilo
$300,000
Bayshore Towers Hilo #302
2 Bds | 2 Ba
906 ft²
  • Sold 12/24/24 at $245,000
    (List Price: $258,000)
Description
This is a leasehold property.

Perched in front of a picturesque tropical lawn, framed by stunning ocean views bordering Ali'i Drive, this active vacation rental places you right in the heart of Kona. This condo sits as an end-unit on the ground floor, making it easy to roll your suitcases right on in. No climbing stairs! Ideal for a single, couple, or anyone seeking a tropical getaway that's only a few steps from Ali’i Drive.

Kona Islander Inn complex features an open air lobby/reception area, pool, hot tub, two BBQ’s, and coin operated laundry facilities. Designated as a hotel, you do not need a STVR/ Vacation Rental Permit to operate short-term rentals. This prime location places you close to restaurants, beaches, the Kona pier, volleyball courts, and has direct access to Ali’i Drive.

The studio itself hosts a comfortable space with a new mini-fridge, toilet, shower and refreshed paint, but could be a gem for someone with a vision to add their own personal touches and upgrades.

Monthly fee of $1,102 includes property leasing fee of $203. Includes electricity, water, sewer, trash, basic cable, internet, parking, exterior maintenance and grounds.

Seller is offering $3,000 in closing credit on an accepted offer!
    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 November 07, 2025.
    • Address: 75-5776 Kuakini Hwy, Kailua-Kona, HI 96740.
       
    • Built: 1969, 145 Studio & 1BR Units in 7 3-Story Buildings on 2.35 Acres.
       
    • Amenities: Pool, Hot Tub.
       
    • Short-term Vacation Renting: Allowed.
       
    • Developer: Kona Islander Inn Corp.

    The Kona Islander Inn is just across the street from Kalaepaakai Beach, with only 50 yards between the condos closest to Alii Dr and the ocean waters.

    The studio and one bedroom condos have interiors of 342 to 529 Sq Ft with one covered lanai on the outside. There are only two one bedroom floor  ..... Read more.


    Other Kona Islander Inn Listings
    Leasehold
    $255,000
    Kona Islander Inn #135
    Studio | 1 Ba
    372 ft²
    Leasehold
    $264,000
    Kona Islander Inn #142
    Studio | 1 Ba
    372 ft²
    Leasehold
    $265,000
    Kona Islander Inn #234
    Studio | 1 Ba
    372 ft²
    Leasehold
    $240,000
    Kona Islander Inn #324
    Studio | 1 Ba
    372 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, our network of agents 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.
    Learn about property tax rates.