Kona Islander Inn #201 | 75-5776 Kona Islander Inn #201

Asking Price: $205,000
Beds: 0
Baths: 1
Living: 372 ft²
Tenure:Leasehold ?
Leasehold Expiry: 2079
Lease Rent: $ 255 / month
Built: 1969
Maint. (HOA) Fees: $1,288 / month
Property Taxes: $234 / month
Est. Mortgage: 0 $983 / mo - adjust loan
Time Listed for Sale: 18 days
Status Under Contract ?
(since Jul 09, 2025)
Buy without visiting ?
All Kona Islander Inn condos for sale »
All Kona condos for sale »

75-5776 Kona Islander Inn #201, Kona

Agency Info

We regret, Hawaii Living is currently unable to assist you with this listing. Feel free to contact listing agent directly: - COMPASS

Description

This is a leasehold property. Island-Style Studio with Pool View in the Heart of Kailua-Kona – Active Vacation Rental

Welcome to Kona Islander Inn Unit 201, a cozy studio unit with a private lanai overlooking the pool and tropical landscaping—perfect for enjoying Kona’s breezes. This leasehold unit is being sold turnkey and is currently an active short-term vacation rental with a strong rental history and future bookings in place.

Inside, you’ll find island-style furnishings, a queen bed, TV, AC, and a seating area for relaxing after a beach day. The kitchenette includes a full-size fridge, microwave, and coffee machine. Step outside onto your lanai, complete with a bar-height table and beach gear (chairs, boogie board, beach tent, and cooler)—ready for guest enjoyment.

The Kona Islander Inn offers tropical grounds and resort-style amenities including a pool, hot tub, BBQ area, on-site laundry with key card access, and front desk check-in services. Parking is first-come, first-served. Located along vibrant Alii Drive, you’re just a short stroll to beaches, Kailua Pier, restaurants, and shops.

Monthly maintenance fees include water, electricity, basic cable, trash, and high-speed internet—making your fixed costs predictable.

The lease ends in 2079 with renegotiation scheduled for 2029. Don’t miss this opportunity to own a successful vacation rental or personal getaway in the heart of Kailua-Kona!

Recent Activity

Jul 09, 2025 Under Contract
Jun 21, 2025 Listed at $205,000

Recent Sales
(Kona Islander Inn)

#316: Studio | 1 Ba @ $230K (2/7/25)
#323: Studio | 1 Ba @ $165K (1/9/25)
#148: Studio | 1 Ba @ $245K (12/24/24)
#203: Studio | 1 Ba @ $190K (12/11/24)
#202: Studio | 1 Ba @ $207K (12/6/24)
#319: Studio | 1 Ba @ $240K (10/17/24)
#221: Studio | 1 Ba @ $220K (8/23/24)
#353: Studio | 1 Ba @ $235K (5/1/24)
#119: Studio | 1 Ba @ $199K (1/12/24)
#131: Studio | 1 Ba @ $279K (8/22/23)

+Show more recently sold

#223: Studio | 0 Ba @ $260K (8/17/23)
#218: Studio | 0 Ba @ $260K (3/31/23)
#115: Studio | 1 Ba @ $220K (3/29/23)
#336: Studio | 1 Ba @ $260K (12/20/22)
#152: Studio | 1 Ba @ $275K (12/7/22)
#240: Studio | 1 Ba @ $232K (11/17/22)
#250: Studio | 1 Ba @ $270K (11/16/22)
#341: Studio | 0 Ba @ $175K (2/4/22)
#315: Studio | 1 Ba @ $192K (1/26/22)
#209: Studio | 1 Ba @ $175K (11/29/21)
#212: Studio | 1 Ba @ $175K (11/24/21)
#211: Studio | 1 Ba @ $175K (11/24/21)
#120: Studio | 0.5 Ba @ $139K (9/24/21)
#123: Studio | 1 Ba @ $154K (8/25/21)
#103: Studio | 1 Ba @ $160K (8/19/21)
#219: Studio | 1 Ba @ $139K (8/19/21)
#335: Studio | 1 Ba @ $175K (7/29/21)
#334: Studio | 1 Ba @ $185K (7/29/21)
#126: Studio | 1 Ba @ $149K (6/23/21)
#116: Studio | 1 Ba @ $138K (6/4/21)
#139: Studio | 1 Ba @ $162K (5/14/21)
#110: Studio | 1 Ba @ $165K (4/19/21)
#342: Studio | 1 Ba @ $185K (6/7/19)
#144: Studio | 1 Ba @ $165K (11/15/18)
#349: Studio | 1 Ba @ $170K (7/12/18)
#337: Studio | 1 Ba @ $140K (6/27/18)
#328: Studio | 1 Ba @ $131K (6/21/18)
#331: Studio | 1 Ba @ $135K (6/20/18)
#241: Studio | 1 Ba @ $137K (5/24/18)
#220: Studio | 1 Ba @ $119K (3/12/18)
#244: Studio | 1 Ba @ $177K (2/2/18)
#249: Studio | 1 Ba @ $145K (11/29/17)
#242: Studio | 1 Ba @ $165K (9/21/17)
#142: Studio | 0 Ba @ $172K (9/19/17)
#236: Studio | 1 Ba @ $145K (8/11/17)
#230: Studio | 1 Ba @ $110K (8/4/17)
#147: Studio | 1 Ba @ $158K (4/27/17)
#251: Studio | 1 Ba @ $130K (3/15/17)
#129: Studio | 1 Ba @ $95K (3/1/17)
#324: Studio | 1 Ba @ $116K (1/20/17)

More Details

HOA Fees / ft²: $3.46
Price / ft²: $551
Zoning: V-.75
Security Features: Smoke Detector(s)
Amenities: Microwave, Refrigerator
TMK: 3750080030012
Tax Assessed Value: $228,400
Courtesy: COMPASS
MLS: 721603

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 July 13, 2025.

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Asking Price: $205,000

Description

More Details

Recent Activity

Jul 09, 2025 Under Contract
Jun 21, 2025 Listed at $205,000

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.

Other Kona Islander Inn Listings

Map

Leasehold

$209,000

Kona Islander Inn #123

Studio | 1 Ba
372 ft²

Map

Leasehold

$199,000

Kona Islander Inn #138

1 Bd | 1 Ba
372 ft²

Map

Leasehold

$217,500

Kona Islander Inn #339

Studio | 1 Ba
372 ft²

Map

Leasehold

$227,999

Kona Islander Inn #336

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, 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.

Learn about property tax rates.

Property Taxes	$ 234 / month
Maint Fees	$ 1,288 / month

Total

Kona Islander Inn #201 (Kona)

75-5776 Kona Islander Inn #201, Kona