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Kona Reef #D17 (Kona)

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75-5888 Ali‘i Dr #D17, Kona

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Description
Are you looking for a successful oceanfront STVR in paradise? Now is your chance to operate an AMAZING oceanfront unit located in a very sought-after condominium complex: Kona Reef! Guests can experience the ultimate tropical vacation when they book this unit. The ocean-front location and walking distance to the heart of Kailua Kona make this unit very desirable. Enjoy stunning ocean views and a fabulous location within walking distance to restaurants, surf, snorkel, and shopping. This unit has recurring guests who love to book their vacations year after year. The highlight of their vacation is to enjoy every evening admiring the mesmerizing sunsets from their breezy lanai. With breathtaking big blue vistas right outside your window and calming waves serenading you all day long – this is an unforgettable getaway like no other!

The master bedroom boasts a comfortable king-sized bed and this room and the living room are cooled by a split-system AC. The kitchen is adorned by stunning Koa wood cabinets as well as an elegant wine display to complete the look.

All you need to do is turn on the booking feature and welcome vacationers!

The STVR License could be transferred to the new owner. The VRBO account has over 100 positive reviews. All future bookings will convey at closing. Unit is partially furnished.

Amenities include:

~Elevators
~Oceanfront Pool
~BBQ area and hot tub
~STVR (Short Term Vacation Rental Friendly Complex)
~Concrete construction
~Underground parking
~ On-Site Management
~Washer and Dyer in unit
Past Activity
  • Feb 13, 2023 Sold for $730,000
  • Jan 11, 2023 Under Contract
  • Dec 20, 2022 Listed at $725,000
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.02
  • Price / ft²: $1,195
  • Zoning: V-.75
  • View: Bay, Canyon, City, Coastline, Ocean, Ocean Horizon, Sunset
  • Security Features: Smoke Detector(s)
  • Amenities: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • TMK: 3750180710083
  • Tax Assessed Value: $487,400
  • Courtesy: Koa Realty, Inc. / 8087078609
  • MLS: 667304
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 29, 2025.
Other Kona Reef Listings
$819,000
Kona Reef #C33
1 Bd | 1 Ba
630 ft²
$675,000
Kona Reef #E23
1 Bd | 1 Ba
630 ft²
$574,000
Kona Reef #B2
1 Bd | 1 Ba
630 ft²
$555,000
Kona Reef #C2
1 Bd
630 ft²
Other Kona Condos
$799,000
White Sands Village #202
2 Bds | 1 Ba
920 ft²
$750,000
Keauhou Punahele #A204
2 Bds | 2 Ba
1,242 ft²
$749,000
Kona Sea Villas #B23
2 Bds | 2 Ba
1,182 ft²
$749,000
Kona Magic Sands #204
Studio | 1 Ba
400 ft²
$725,000
Keauhou Resort #25
2 Bds | 2 Ba
1,089 ft²
$825,000
Kona Bali Kai #410
2 Bds | 2 Ba
806 ft²
  • Sold 2/13/23 at $730,000
    (List Price: $775,000)
Description
Are you looking for a successful oceanfront STVR in paradise? Now is your chance to operate an AMAZING oceanfront unit located in a very sought-after condominium complex: Kona Reef! Guests can experience the ultimate tropical vacation when they book this unit. The ocean-front location and walking distance to the heart of Kailua Kona make this unit very desirable. Enjoy stunning ocean views and a fabulous location within walking distance to restaurants, surf, snorkel, and shopping. This unit has recurring guests who love to book their vacations year after year. The highlight of their vacation is to enjoy every evening admiring the mesmerizing sunsets from their breezy lanai. With breathtaking big blue vistas right outside your window and calming waves serenading you all day long – this is an unforgettable getaway like no other!

The master bedroom boasts a comfortable king-sized bed and this room and the living room are cooled by a split-system AC. The kitchen is adorned by stunning Koa wood cabinets as well as an elegant wine display to complete the look.

All you need to do is turn on the booking feature and welcome vacationers!

The STVR License could be transferred to the new owner. The VRBO account has over 100 positive reviews. All future bookings will convey at closing. Unit is partially furnished.

Amenities include:

~Elevators
~Oceanfront Pool
~BBQ area and hot tub
~STVR (Short Term Vacation Rental Friendly Complex)
~Concrete construction
~Underground parking
~ On-Site Management
~Washer and Dyer in unit
    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 29, 2025.
    • Feb 13, 2023 Sold for $730,000
    • Jan 11, 2023 Under Contract
    • Dec 20, 2022 Listed at $725,000
    • 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
    $819,000
    Kona Reef #C33
    1 Bd | 1 Ba
    630 ft²
    $675,000
    Kona Reef #E23
    1 Bd | 1 Ba
    630 ft²
    $574,000
    Kona Reef #B2
    1 Bd | 1 Ba
    630 ft²
    $555,000
    Kona Reef #C2
    1 Bd
    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.
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