Hawaii Living

Kona Kai #B2 (Kona)

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Photo 1 of 74-5618 Palani Rd #B2, Kona
Photo 2 of 74-5618 Palani Rd #B2, Kona
Photo 3 of 74-5618 Palani Rd #B2, Kona
  • Sold 5/27/21 at $150,000
    (List Price: $150,000)
  • Beds: 2
  • Baths: 1
  • Living: 616 ft²
  • Tenure:Leasehold ?
  • Leasehold Expiry: 2034
  • Lease Rent: $ 390 / month
  • Built: 1969
  • Maint. (HOA) Fees: $613 / month
  • Property Taxes: $13 / month
  • Est. Mortgage: $719 / mo - adjust loan
  • Time Listed for Sale: 38 days
  • Status: Sold
  • Buy without visiting ?
  • All Kona Kai condos for sale »
  • All Kona condos for sale »

74-5618 Palani Rd #B2, Kona

Description
Leasehold. This complex allows short term vacation rental and pets!! 2 bed 1 bath property which is remodeled and ready to convey!! In great condition & in the heart of Kailua Kona!!! This property is a must see! Located only minutes away from the downtown pier, restaurants, night life, beaches, banks and several grocery stores. Upgraded with Samsung and Fridigaire appliances, kitchen and bathroom backsplash, oak cabinets, recessed lighting , tiled showers, and ceiling fans in every room! There’s a beautiful community pool located in the middle of the complex with plenty of tables, chairs, shade, patio seating and a BBQ grill. Entirely remodeled in 2016. Remodel includes, floors, exterior wall, baseboards, kitchen cabinets, kitchen counter top , back splash, kitchen sink, appliances and more! With pets being allowed, this is a perfect location to live full-time. Cash only!
Past Activity
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1
  • Price / ft²: $244
  • Zoning: CV-10
  • Amenities: Disposal, Gas Cooktop, Microwave Hood, Range, Refrigerator
  • TMK: 3740100360010
  • Tax Assessed Value: $87,400
  • Courtesy: Pacific Image Properties / 4802322383
  • MLS: 647890
About Kona Kai
  • Address: 74-5618 Palani Rd, Kailua-Kona, HI 96740.
     
  • Built: 1969, 95 1 & 2BR Units in 12 2-Story Building on 4.18 Acres.
     
  • Amenities: Pool, BBQs.
     
  • Short-term Vacation Renting: Allowed.
     
  • Developer: C F F Associates.

Kona Kai is right in the middle of Kailua-Kona town, its location 1/3 mile from the ocean. This is a small community of its own, made up of twelve, wooden two-story buildings. The one and two bedroom condos have interiors spanning 411 to 624 Sq Ft with one covered lanai exterior.

Please note that these are Leas


  ... Read more
MLS properties and information provided herein is deemed reliable but is not guaranteed by the Hawaii Information Service, Inc. Listing Service. © 2026 Hawaii Information Service. All Rights Reserved. This website is for personal, non-commercial use only. Listings last updated on January 21, 2026.
Other Kona Kai Listings
Leasehold
$155,000
Kona Kai #M1
2 Bds | 1 Ba
624 ft²
Leasehold
$110,000
Kona Kai #K4
1 Bd | 1 Ba
535 ft²
Leasehold
$108,900
Kona Kai #L8
1 Bd | 1 Ba
515 ft²
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Hilo
$169,999
Hilo Terrace #241
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Hilo
$172,000
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660 ft²
Hilo
$189,000
Waiakea Villas #5238
Studio | 1 Ba
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Waianae
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Makaha Surfside #C337
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Ward Kinau #902
Studio | 1 Ba
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Lahaina
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Spinnaker #D127
2 Bds | 1 Ba
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  • Sold 5/27/21 at $150,000
    (List Price: $150,000)
Description
Leasehold. This complex allows short term vacation rental and pets!! 2 bed 1 bath property which is remodeled and ready to convey!! In great condition & in the heart of Kailua Kona!!! This property is a must see! Located only minutes away from the downtown pier, restaurants, night life, beaches, banks and several grocery stores. Upgraded with Samsung and Fridigaire appliances, kitchen and bathroom backsplash, oak cabinets, recessed lighting , tiled showers, and ceiling fans in every room! There’s a beautiful community pool located in the middle of the complex with plenty of tables, chairs, shade, patio seating and a BBQ grill. Entirely remodeled in 2016. Remodel includes, floors, exterior wall, baseboards, kitchen cabinets, kitchen counter top , back splash, kitchen sink, appliances and more! With pets being allowed, this is a perfect location to live full-time. Cash only!
    MLS properties and information provided herein is deemed reliable but is not guaranteed by the Hawaii Information Service, Inc. Listing Service. © 2026 Hawaii Information Service. All Rights Reserved. This website is for personal, non-commercial use only. Listings last updated on January 21, 2026.
    • Address: 74-5618 Palani Rd, Kailua-Kona, HI 96740.
       
    • Built: 1969, 95 1 & 2BR Units in 12 2-Story Building on 4.18 Acres.
       
    • Amenities: Pool, BBQs.
       
    • Short-term Vacation Renting: Allowed.
       
    • Developer: C F F Associates.

    Kona Kai is right in the middle of Kailua-Kona town, its location 1/3 mile from the ocean. This is a small community of its own, made up of twelve, wooden two-story buildings. The one and two bedroom condos have interiors spanning 411 to 624 Sq Ft with one covered lanai exterior.

    Please note that these are Leas


      ... Read more
    Other Kona Kai Listings
    Leasehold
    $155,000
    Kona Kai #M1
    2 Bds | 1 Ba
    624 ft²
    Leasehold
    $110,000
    Kona Kai #K4
    1 Bd | 1 Ba
    535 ft²
    Leasehold
    $108,900
    Kona Kai #L8
    1 Bd | 1 Ba
    515 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.
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    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.