Hawaii Living

Kona Reef #C13 (Kona)

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75-5888 Alii Dr #C13, Kona

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Description
This condo has extensive upgrades and is considered by many guests and owners to be the nicest of all ocean view units at the Kona Reef. Totally remodeled just a few years ago. In use as a vacation rental, with a good history, and numerous future bookings. Owners may rent through a rental management company, or may rent out by themselves (in compliance with Hawaii regulations).
The Kona Reef is a popular vacation rental location due to its close proximity to town, and is a nicely maintained property with pool, spa and very nice BBQ area.
** Important note regarding fee simple status. Listed price reflects acquisition as fee simple, with the cost of acquiring fee included in price and paid by seller. This unit MAY be purchased leasehold if desired at a price of 279,500 and buyer can acquire the fee at a later date.

This is a very busy vacation rental, showings may be conducted between check out and check in only. often the check out and check in is the same day, sometimes there is a day in between check out, and the next check in. This unit is completely turn key, includes all furnishings, appliances, cookware, linens, etc. as well as future rentals. The low association fees include water, trash, sewage, cable and building insurance.
Past Activity
  • May 10, 2017 Sold for $425,000
  • Feb 06, 2017 Under Contract
  • Jan 13, 2017 Listed at $439,000
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $0.72
  • Price / ft²: $675
  • Zoning: V-.75
  • View: Ocean
  • Security Features: Security Patrol
  • Amenities: Dishwasher, Disposal, Dryer, Microwave, Microwave Hood, Range, Refrigerator, Washer, Water Heater
  • TMK: 3750180710062
  • Tax Assessed Value: $335,700
  • Courtesy: Kenneth C. Peters / 8083450116
  • MLS: 603173
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 25, 2025.
Other Kona Reef Listings
$555,000
Kona Reef #C2
1 Bd
630 ft²
$574,000
Kona Reef #B2
1 Bd | 1 Ba
630 ft²
$675,000
Kona Reef #E23
1 Bd | 1 Ba
630 ft²
$819,000
Kona Reef #C33
1 Bd | 1 Ba
630 ft²
Other Kona Condos
$439,500
Royal Kailuan #104
2 Bds | 2 Ba
846 ft²
$450,000
Makolea #32
1 Bd | 1 Ba
480 ft²
$454,800
Kona Coffee Villas #110
2 Bds | 2 Ba
853 ft²
$460,000
Kailua Bay Resort #2103
1 Bd | 1 Ba
665 ft²
$464,000
Kona Shores #234
2 Bds | 1 Ba
593 ft²
$469,000
Alii Villas #108
1 Bd | 1 Ba
647 ft²
  • Sold 5/10/17 at $425,000
    (List Price: $439,000)
Description
This condo has extensive upgrades and is considered by many guests and owners to be the nicest of all ocean view units at the Kona Reef. Totally remodeled just a few years ago. In use as a vacation rental, with a good history, and numerous future bookings. Owners may rent through a rental management company, or may rent out by themselves (in compliance with Hawaii regulations).
The Kona Reef is a popular vacation rental location due to its close proximity to town, and is a nicely maintained property with pool, spa and very nice BBQ area.
** Important note regarding fee simple status. Listed price reflects acquisition as fee simple, with the cost of acquiring fee included in price and paid by seller. This unit MAY be purchased leasehold if desired at a price of 279,500 and buyer can acquire the fee at a later date.

This is a very busy vacation rental, showings may be conducted between check out and check in only. often the check out and check in is the same day, sometimes there is a day in between check out, and the next check in. This unit is completely turn key, includes all furnishings, appliances, cookware, linens, etc. as well as future rentals. The low association fees include water, trash, sewage, cable and building insurance.
    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 25, 2025.
    • May 10, 2017 Sold for $425,000
    • Feb 06, 2017 Under Contract
    • Jan 13, 2017 Listed at $439,000
    • 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
    $555,000
    Kona Reef #C2
    1 Bd
    630 ft²
    $574,000
    Kona Reef #B2
    1 Bd | 1 Ba
    630 ft²
    $675,000
    Kona Reef #E23
    1 Bd | 1 Ba
    630 ft²
    $819,000
    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.
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