Hawaii Living

Kona Islander Inn #316 (Kona)

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75-5776 Kona Islander Inn #316, Kona

Description
This is a leasehold property. Immerse yourself in the tranquil ambiance of this charming condo, featuring Modern Hawaii style décor and a lanai overlooking lush tropical landscaping. Start your mornings with the soothing sounds of nature and unwind in this peaceful retreat you'll never want to leave.

This unit is an active Short-Term Vacation Rental with a strong rental history and future bookings in place, making it an excellent investment opportunity. The complex offers an array of amenities, including a pool and spa, tropical gardens, BBQ grills, and attentive front desk staff for check-ins and check-outs. Conveniently located along Alii Drive, you're just moments away from beaches, restaurants, and local attractions. Parking is available on a first-come, first-serve basis and there is an on-site laundry room accessible by key card.

The maintenance fees include water, electricity, trash, basic cable, and high speed internet. Your monthly fixed costs are...fixed! No bad surprise at the end of the month!
The lease ends in 2079 and renegotiation date is 2029.
Past Activity
  • Feb 07, 2025 Sold for $230,000
  • Jan 17, 2025 Under Contract
  • Dec 02, 2024 Listed at $265,000
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.96
  • Price / ft²: $618
  • Zoning: V-.75
  • Amenities: Other
  • TMK: 3750080030046
  • Tax Assessed Value: $275,800
  • Courtesy: COMPASS / 8083653528
  • MLS: 716248
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
$240,000
Kona Islander Inn #324
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
Other Big Island Condos
Hilo
$250,000
Lagoon View Apartments #A3
1 Bd | 1 Ba
448 ft²
Hilo
$225,000
Kalani Condominiums #206
2 Bds | 1 Ba
720 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
$209,000
Waiakea Villas #8283
Studio | 1 Ba
380 ft²
  • Sold 2/7/25 at $230,000
    (List Price: $249,000)
Description
This is a leasehold property. Immerse yourself in the tranquil ambiance of this charming condo, featuring Modern Hawaii style décor and a lanai overlooking lush tropical landscaping. Start your mornings with the soothing sounds of nature and unwind in this peaceful retreat you'll never want to leave.

This unit is an active Short-Term Vacation Rental with a strong rental history and future bookings in place, making it an excellent investment opportunity. The complex offers an array of amenities, including a pool and spa, tropical gardens, BBQ grills, and attentive front desk staff for check-ins and check-outs. Conveniently located along Alii Drive, you're just moments away from beaches, restaurants, and local attractions. Parking is available on a first-come, first-serve basis and there is an on-site laundry room accessible by key card.

The maintenance fees include water, electricity, trash, basic cable, and high speed internet. Your monthly fixed costs are...fixed! No bad surprise at the end of the month!
The lease ends in 2079 and renegotiation date is 2029.
    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.
    • Feb 07, 2025 Sold for $230,000
    • Jan 17, 2025 Under Contract
    • Dec 02, 2024 Listed at $265,000
    • 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
    $255,000
    Kona Islander Inn #135
    Studio | 1 Ba
    372 ft²
    Leasehold
    $240,000
    Kona Islander Inn #324
    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
     
    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.