Hawaii Living

Kona Reef #A7 (Kona)

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75-5888 Alii Dr #A7, Kona

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Description
SUPER SUCCESSFUL VACATION RENTAL WITH A HISTORY OF GROSS INCOME OF APPROX $66,000 to $70,000. 2016 and 2017. Money making condos like this are hard to come by.
***Price reduced for a quick sale. 8/1/18***

Completely Remodeled First Floor Corner  End Unit. Direct Oceanfront. Owners installed new zoned split system AC. Quiet AC that cools the bedroom or the living room or both.
Kitchen has African Mahogany Cabinets, Bar Seating, Expansive Granite Counters, Back splash and Stainless Steel Appliances.  Full Size Washer and Dryer. 
One of a FEW condos  in this complex with a NEW Split System Air Conditioner. Ceramic  Tile Throughout. 
Over sized Master Bedroom with King Bed and large window. Two Newly Remodeled Bathrooms.  Sold Turnkey Furnished with Tropical Decor and completely set up for a vacation rental. All Furniture.
Appliances and Electronics are new in last year.
Successful Vacation Rental VRBO #67713.  We have actual rental history records for the unit. As of 8/1/18 329 days are booked for 2018!
Complex has  VERY REASONABLE MONTHLY FEES OF $567.00 A MONTH for oceanfront project. Unit can be accessed without steps.
Oceanfront Pool, Spa, & BBQ Facilities. Concrete Building with Elevators & Underground AND ABOVE GROUND PARKING Parking.  Popular Vacation Rental Complex with On­site Management If needed.
Located Oceanfront, Adjacent to Honl's  Beach Park. Short block Walk to Town, Restaurants, the Pier, and Shopping. :  One of Two Units in the Complex having 1 Bedroom and 2 Baths.  
Unit can be shown when vacant  or between check­ in and checkout.  Driving Directions:  Just South of Town, Oceanfront along Alii Drive directly past Royal Kona Resort. Noted buildings for their Blue Tile roof.
ONE OF ONLY 2 UNITS THAT HAVE LARGE LIVING SPACE 2 FULL BATHROOMS AND WINDOWS GALORE!
Past Activity
  • Oct 10, 2025 Listed at $1,200,000
  • Nov 30, 2018 Sold for $565,000
  • Nov 16, 2018 Under Contract
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $0.77
  • Price / ft²: $766
  • Zoning: V-.75
  • View: Bay, Coastline, Ocean, Ocean Horizon, Sunset
  • Amenities: Dishwasher, Disposal, Dryer, Microwave, Microwave Hood, Range, Refrigerator, Washer, Washer/Dryer Stacked
  • TMK: 3750180710007
  • Tax Assessed Value: $499,200
  • Courtesy: Corcoran Pacific Properties / 8089389533
  • MLS: 609446
About Kona Reef
  • Address: 75-5888 Ali‘i Dr, Kailua-Kona, HI 96740.
     
  • Built: 1980, 129 1 - 3BR Units in 1 5-Story & 5 4-Story Buildings.
     
  • Amenities: Pool, Hot Tub, Gazebo, Party Pavilion, BBQs.
     
  • Short-term Vacation Renting: Allowed.
     
  • Developer: Regent Land Corp.

The Kona Reef Resort is an oceanfront community that sits next to Honl’s Beach on its south side.

The one to three bedroom condos have interiors that measure from 611 to 1,616 Sq Ft with one lanai on the outside. The vast majority of the properties are one bedroom, mak  ..... 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 08, 2025.
Other Kona Reef Listings
$574,000
Kona Reef #B2
1 Bd | 1 Ba
630 ft²
$555,000
Kona Reef #C2
1 Bd
630 ft²
$675,000
Kona Reef #E23
1 Bd | 1 Ba
630 ft²
$829,000
Kona Reef #C33
1 Bd | 1 Ba
630 ft²
Other Kona Condos
$565,000
Kona Sea Ridge #K22
2 Bds | 2 Ba
906 ft²
$594,000
Hale Kona Kai #409
1 Bd | 1 Ba
576 ft²
$595,000
Kona Sea Villas #G2
2 Bds | 2 Ba
981 ft²
$599,000
Kona Riviera Villa #208
1 Bd | 1 Ba
830 ft²
$599,000
$550,000
Casa De Emdeko #A203
1 Bd | 1 Ba
736 ft²
  • Sold 11/30/18 at $565,000
    (List Price: $579,000)
Description
SUPER SUCCESSFUL VACATION RENTAL WITH A HISTORY OF GROSS INCOME OF APPROX $66,000 to $70,000. 2016 and 2017. Money making condos like this are hard to come by.
***Price reduced for a quick sale. 8/1/18***

Completely Remodeled First Floor Corner  End Unit. Direct Oceanfront. Owners installed new zoned split system AC. Quiet AC that cools the bedroom or the living room or both.
Kitchen has African Mahogany Cabinets, Bar Seating, Expansive Granite Counters, Back splash and Stainless Steel Appliances.  Full Size Washer and Dryer. 
One of a FEW condos  in this complex with a NEW Split System Air Conditioner. Ceramic  Tile Throughout. 
Over sized Master Bedroom with King Bed and large window. Two Newly Remodeled Bathrooms.  Sold Turnkey Furnished with Tropical Decor and completely set up for a vacation rental. All Furniture.
Appliances and Electronics are new in last year.
Successful Vacation Rental VRBO #67713.  We have actual rental history records for the unit. As of 8/1/18 329 days are booked for 2018!
Complex has  VERY REASONABLE MONTHLY FEES OF $567.00 A MONTH for oceanfront project. Unit can be accessed without steps.
Oceanfront Pool, Spa, & BBQ Facilities. Concrete Building with Elevators & Underground AND ABOVE GROUND PARKING Parking.  Popular Vacation Rental Complex with On­site Management If needed.
Located Oceanfront, Adjacent to Honl's  Beach Park. Short block Walk to Town, Restaurants, the Pier, and Shopping. :  One of Two Units in the Complex having 1 Bedroom and 2 Baths.  
Unit can be shown when vacant  or between check­ in and checkout.  Driving Directions:  Just South of Town, Oceanfront along Alii Drive directly past Royal Kona Resort. Noted buildings for their Blue Tile roof.
ONE OF ONLY 2 UNITS THAT HAVE LARGE LIVING SPACE 2 FULL BATHROOMS AND WINDOWS GALORE!
    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 08, 2025.
    • Oct 10, 2025 Listed at $1,200,000
    • Nov 30, 2018 Sold for $565,000
    • Nov 16, 2018 Under Contract
    • Address: 75-5888 Ali‘i Dr, Kailua-Kona, HI 96740.
       
    • Built: 1980, 129 1 - 3BR Units in 1 5-Story & 5 4-Story Buildings.
       
    • Amenities: Pool, Hot Tub, Gazebo, Party Pavilion, BBQs.
       
    • Short-term Vacation Renting: Allowed.
       
    • Developer: Regent Land Corp.

    The Kona Reef Resort is an oceanfront community that sits next to Honl’s Beach on its south side.

    The one to three bedroom condos have interiors that measure from 611 to 1,616 Sq Ft with one lanai on the outside. The vast majority of the properties are one bedroom, mak  ..... Read more.


    Other Kona Reef Listings
    $574,000
    Kona Reef #B2
    1 Bd | 1 Ba
    630 ft²
    $555,000
    Kona Reef #C2
    1 Bd
    630 ft²
    $675,000
    Kona Reef #E23
    1 Bd | 1 Ba
    630 ft²
    $829,000
    Kona Reef #C33
    1 Bd | 1 Ba
    630 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.