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Malia Kai #15 (Kona)

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Photo 1 of 75-5855 Walua Rd #15, Kona
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75-5855 Walua Rd #15, Kona

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Description
Island Charm Meets Vacation Rental Opportunity — Turnkey Malia Kai TownhomeExperience the vibrant heart of Kailua Kona from this beautifully updated townhouse-style condo at Malia Kai — a boutique community where tropical landscaping, a quiet atmosphere, and prime location converge. Approved for short-term vacation rental (STVR) and boasting excellent online reviews, this turnkey-furnished, 1-bedroom, 1.5-bath residence is a rare find. Tranquility just minutes from the action, walkable to Honl’s Beach, Royal Kona Resort Luau, and Kona's oceanfront districtThoughtfully upgraded for comfort and style, highlights include:▶️ Vacation Rental Property — Unbeatable location steps to beaches, restaurants, and shops ▶️ Active STVR Permit ▶️ Split Air Conditioning System for year-round comfort ▶️ Tastefully Furnished and ready for move-in or guests ▶️ Preferred Lanai Orientation — Sheltered from the afternoon sun with refreshing breezes ▶️ Peek-a-boo Ocean Views from both lanais ▶️ Upgraded Kitchen featuring newer appliances and all-new flooring ▶️ Renovated Main Bath ▶️ Upgraded Copper Plumbing in both baths ▶️ Fresh Interior Paint for a crisp, clean feel ▶️ Rare Covered Carport Parking ▶️ Private Laundry and Storage Room with direct access from inside the unit ▶️ Malia Kai Amenities include a sparkling pool and shaded BBQ area ▶️ Low-Density Complex - Boutique complex with only 20 unitsSavor morning coffee with ocean glimpses, spend lazy afternoons by the pool, and stroll to sunset dinners along Ali'i Drive — all from your island home base. This is more than a condo — it’s a lifestyle and a rare opportunity to own a slice of paradise.
Recent Activity
Recent Sales
(Malia Kai)
  • #20: 2 Bds | 1.5 Ba @ $595K (6/10/25)
  • #12: 1 Bd | 1.5 Ba @ $549K (5/2/25)
  • #4: 2 Bds | 1.5 Ba @ $595K (2/22/24)
  • #18: 2 Bds | 1.5 Ba @ $481K (11/24/23)
  • #13: 2 Bds | 1.5 Ba @ $452K (4/4/23)
  • #2: 1 Bd | 1.5 Ba @ $413K (5/20/22)
  • #6: 2 Bds | 1.5 Ba @ $370K (12/6/21)
  • #7: 2 Bds | 1.5 Ba @ $320K (9/29/21)
  • #19: 1 Bd | 1.5 Ba @ $276K (6/18/21)
  • ##19: 1 Bd | 1.5 Ba @ $299K (5/28/21)
  • #15: 1 Bd | 1.5 Ba @ $346K (4/8/21)
  • #3: 1 Bd | 1.5 Ba @ $233K (3/25/21)
  • #16: 1 Bd | 1.5 Ba @ $292K (4/11/18)
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.13
  • Price / ft²: $644
  • Zoning: RM-1
  • View: Ocean, Sunset
  • Amenities: Dishwasher, Microwave, Range, Refrigerator, Washer/Dryer Stacked
  • TMK: 3750090090015
  • Tax Assessed Value: $458,600
  • Courtesy: KW Big Island / 8084303022
  • MLS: 724166
About Malia Kai

Malia Kai is located in the Waiaha area, just south of central Kailua-Kona, just 200 yards from the ocean. Its north and east sides sit beside undeveloped lands covered with thick greenery, keeping things quieter for residents.

The one and two bedroom townhomes have interiors of 800 to 1,200 Sq Ft with two lanais inside. The complex forms a ‘U’ with

  ... 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 February 23, 2026.
Other Kona Condos
$512,000
Kona Isle #B4
1 Bd | 1 Ba
566 ft²
$499,900
Seascape (Kona) Condominium #L203
2 Bds | 2 Ba
1,010 ft²
$489,000
Maluhia Kai #12
2 Bds | 2 Ba
901 ft²
$550,000
Hale Kona Kai #308
1 Bd | 1 Ba
576 ft²
$550,000
Alii Villas #323
1 Bd | 1 Ba
635 ft²
$479,000
Kona Sunset Villas #104
2 Bds | 2 Ba
1,050 ft²
Description
Island Charm Meets Vacation Rental Opportunity — Turnkey Malia Kai TownhomeExperience the vibrant heart of Kailua Kona from this beautifully updated townhouse-style condo at Malia Kai — a boutique community where tropical landscaping, a quiet atmosphere, and prime location converge. Approved for short-term vacation rental (STVR) and boasting excellent online reviews, this turnkey-furnished, 1-bedroom, 1.5-bath residence is a rare find. Tranquility just minutes from the action, walkable to Honl’s Beach, Royal Kona Resort Luau, and Kona's oceanfront districtThoughtfully upgraded for comfort and style, highlights include:▶️ Vacation Rental Property — Unbeatable location steps to beaches, restaurants, and shops ▶️ Active STVR Permit ▶️ Split Air Conditioning System for year-round comfort ▶️ Tastefully Furnished and ready for move-in or guests ▶️ Preferred Lanai Orientation — Sheltered from the afternoon sun with refreshing breezes ▶️ Peek-a-boo Ocean Views from both lanais ▶️ Upgraded Kitchen featuring newer appliances and all-new flooring ▶️ Renovated Main Bath ▶️ Upgraded Copper Plumbing in both baths ▶️ Fresh Interior Paint for a crisp, clean feel ▶️ Rare Covered Carport Parking ▶️ Private Laundry and Storage Room with direct access from inside the unit ▶️ Malia Kai Amenities include a sparkling pool and shaded BBQ area ▶️ Low-Density Complex - Boutique complex with only 20 unitsSavor morning coffee with ocean glimpses, spend lazy afternoons by the pool, and stroll to sunset dinners along Ali'i Drive — all from your island home base. This is more than a condo — it’s a lifestyle and a rare opportunity to own a slice of paradise.
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 February 23, 2026.

Malia Kai is located in the Waiaha area, just south of central Kailua-Kona, just 200 yards from the ocean. Its north and east sides sit beside undeveloped lands covered with thick greenery, keeping things quieter for residents.

The one and two bedroom townhomes have interiors of 800 to 1,200 Sq Ft with two lanais inside. The complex forms a ‘U’ with

  ... Read more
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.
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