Hawaii Living

Kona Islander Inn #215 (Kona)

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75-5776 Kuakini Hwy #215, Kona

Agency Info

We regret, Hawaii Living is currently unable to assist you with this listing. Feel free to contact listing agent directly:
Mark David B Casino
Reba-Mae Silva Realty
Phone: (808) 938-5883

Description
This is a leasehold property. This elegant studio suite is the perfect investment opportunity. It has been renovated twice including an updated kitchen, new shower, and new weatherproofed tiled balcony. It also has newer air conditioning and ceiling/light fans in the living area, kitchen and bathroom. There is a secure, onsite owner/guest- only coin operated laundry with dryers. The enclosed balcony is open on one side giving it a more spacious and fresh air feel. The balcony view is directly overlooking the tiki torch lit pool, hot tub, gas grill and beautiful tropical garden landscape. It is peaceful and serene being away from the traffic noise of the ocean front.

HOA fees include a Front Desk service for your guests which is conveniently located in a spacious lobby with seating and a welcoming pool view lanai. HOA fees also include maintenance staff, landscaping staff, an on-site property manager, water, electricity, cable TV, internet, free parking pass and recycle/garbage disposal.

It is currently being used as a successful short-term vacation rental. Located in a prime area with easy walking access to beaches, local attractions, shopping, dining and entertainment. This studio suite is perfect for guests looking for a convenient and comfortable stay.

Whether you’re seeking a turnkey rental property or a more personal relaxing getaway this studio suite is ready to generate income from day one.
Recent Activity
  • Sep 02, 2025 Off Market
  • Mar 07, 2025 Listed at $280,000
Recent Sales
(Kona Islander Inn)
  • #201: Studio | 1 Ba @ $195K (7/30/25)
  • #306: Studio | 0 Ba @ $245K (7/29/25)
  • #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)
  • #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)
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $2.82
  • Price / ft²: $753
  • Zoning: V-.75
  • View: Garden
  • Amenities: Freezer, Microwave, Refrigerator
  • TMK: 3750080030037
  • Tax Assessed Value: $83,900
  • Courtesy: Reba-Mae Silva Realty / 8089385883
  • MLS: 718978
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 December 10, 2025.
Other Kona Islander Inn Listings
Leasehold
$265,000
Kona Islander Inn #234
Studio | 1 Ba
372 ft²
Leasehold
$255,000
Kona Islander Inn #135
Studio | 1 Ba
372 ft²
Leasehold
$240,000
Kona Islander Inn #324
Studio | 1 Ba
372 ft²
Leasehold
$216,000
Kona Islander Inn #339
Studio | 1 Ba
372 ft²
Other Kona Condos
$300,000
Royal Kailuan #218
1 Bd | 1 Ba
603 ft²
$359,000
Kona Plaza #220
1 Bd | 1 Ba
623 ft²
$365,000
Kona Mansions V #118
1 Bd | 1 Ba
571 ft²
$365,000
Kona Bali Kai #332
Studio | 1 Ba
417 ft²
$369,000
Kailua Village #207
1 Bd | 1 Ba
639 ft²
$315,000
Kona Plaza #102
1 Bd | 1 Ba
613 ft²
  • Asking Price: $280,000
Description
This is a leasehold property. This elegant studio suite is the perfect investment opportunity. It has been renovated twice including an updated kitchen, new shower, and new weatherproofed tiled balcony. It also has newer air conditioning and ceiling/light fans in the living area, kitchen and bathroom. There is a secure, onsite owner/guest- only coin operated laundry with dryers. The enclosed balcony is open on one side giving it a more spacious and fresh air feel. The balcony view is directly overlooking the tiki torch lit pool, hot tub, gas grill and beautiful tropical garden landscape. It is peaceful and serene being away from the traffic noise of the ocean front.

HOA fees include a Front Desk service for your guests which is conveniently located in a spacious lobby with seating and a welcoming pool view lanai. HOA fees also include maintenance staff, landscaping staff, an on-site property manager, water, electricity, cable TV, internet, free parking pass and recycle/garbage disposal.

It is currently being used as a successful short-term vacation rental. Located in a prime area with easy walking access to beaches, local attractions, shopping, dining and entertainment. This studio suite is perfect for guests looking for a convenient and comfortable stay.

Whether you’re seeking a turnkey rental property or a more personal relaxing getaway this studio suite is ready to generate income from day one.
    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 December 10, 2025.
    • Sep 02, 2025 Off Market
    • Mar 07, 2025 Listed at $280,000
    • 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
    $265,000
    Kona Islander Inn #234
    Studio | 1 Ba
    372 ft²
    Leasehold
    $255,000
    Kona Islander Inn #135
    Studio | 1 Ba
    372 ft²
    Leasehold
    $240,000
    Kona Islander Inn #324
    Studio | 1 Ba
    372 ft²
    Leasehold
    $216,000
    Kona Islander Inn #339
    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.