Hawaii Living

Kona Kai #G5 (Kona)

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Photo 1 of 74-5618 Palani Rd #G5, Kona
Photo 2 of 74-5618 Palani Rd #G5, Kona
Photo 3 of 74-5618 Palani Rd #G5, Kona
  • Sold 2/22/22 at $115,000
    (List Price: $115,000)
  • Beds: 1
  • Baths: 1
  • Living: 480 ft²
  • Tenure:Leasehold ?
  • Leasehold Expiry: 2034
  • Lease Rent: $ 323 / month
  • Built: 1969
  • Maint. (HOA) Fees: $508 / month
  • Property Taxes: $79 / month
  • Est. Mortgage: $552 / mo - adjust loan
  • Time Listed for Sale: 164 days
  • Status: Sold
  • Buy without visiting ?
  • All Kona Kai condos for sale »
  • All Kona condos for sale »

74-5618 Palani Rd #G5, Kona

Description
This is a leasehold property. What a great condo, walking distance to the heart of Kona. Minutes from the pier, grocery shopping, restaurants, banking, beaches and more. Looking for a proven investment property? This is it! Condo was remodeled in late 2015, with new floors, cabinets, counters, dishwasher and more. Enjoy your peekaboo ocean view from your lanai. Kona Kai Condominiums is approved for Short Term Vacation Rental as well. Be sure to check this one out! Open permits are for condo project AOAO paid lanai repairs. G5 has had the condo repaired by AOAO already.
Past Activity
  • Jul 19, 2024 Off Market
  • Feb 22, 2022 Sold for $115,000
  • Jan 17, 2022 Under Contract
  • Aug 06, 2021 Listed at $115,000
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.06
  • Price / ft²: $240
  • Zoning: CV-10
  • Amenities: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • TMK: 3740100360052
  • Tax Assessed Value: $75,700
  • Courtesy: Hawaii Coast Realty, LLC / 8083459202
  • MLS: 652439
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 18, 2026.
Other Kona Kai Listings
Leasehold
$110,000
Kona Kai #K4
1 Bd | 1 Ba
535 ft²
Leasehold
$108,900
Kona Kai #L8
1 Bd | 1 Ba
515 ft²
Leasehold
$155,000
Kona Kai #M1
2 Bds | 1 Ba
624 ft²
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Hotel Molokai #A102
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297 ft²
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Waikiki
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Pacific International #602
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Waianae
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Kahului
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Harbor Lights #D410
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  • Sold 2/22/22 at $115,000
    (List Price: $115,000)
Description
This is a leasehold property. What a great condo, walking distance to the heart of Kona. Minutes from the pier, grocery shopping, restaurants, banking, beaches and more. Looking for a proven investment property? This is it! Condo was remodeled in late 2015, with new floors, cabinets, counters, dishwasher and more. Enjoy your peekaboo ocean view from your lanai. Kona Kai Condominiums is approved for Short Term Vacation Rental as well. Be sure to check this one out! Open permits are for condo project AOAO paid lanai repairs. G5 has had the condo repaired by AOAO already.
    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 18, 2026.
    • Jul 19, 2024 Off Market
    • Feb 22, 2022 Sold for $115,000
    • Jan 17, 2022 Under Contract
    • Aug 06, 2021 Listed at $115,000
    • 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
    $110,000
    Kona Kai #K4
    1 Bd | 1 Ba
    535 ft²
    Leasehold
    $108,900
    Kona Kai #L8
    1 Bd | 1 Ba
    515 ft²
    Leasehold
    $155,000
    Kona Kai #M1
    2 Bds | 1 Ba
    624 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.