75-5776 KONA ISLANDER INN, #208, KAILUA KONA, HI 96740

Property details

Beds / baths

1BR · 1BA

Living area

529 sqft

Price / sqft

$754/sqft

HOA

$1,331/monthly

Days on market

120 days

Year built

1969

Property type

Residential · Condominium

Ownership

CPR

Land tenure

Leasehold

MLS #

729785

Status

Active

Location

View on Google Maps

About this listing

This is a leasehold property. A true "one-of-a-kind" rarely available find. While the Kona Islander Inn is famed for its cozy studios, this is one of only two 1-bedroom "double units" in the entire complex. A “unicorn” opportunity. Originally the Hotel Manager's Suite, this is the largest condo on-site, offering a premium lifestyle and investment potential that simply cannot be matched. Situated in the absolute heart of Kailua-Kona, this unit offers a premier walk-to-everything lifestyle just steps from the pier, beaches and the best dining and sunsets on Ali'i Drive. This isn't just a beautiful home; it’s a high-performance vacation rental with a history of stellar reviews and a robust calendar of future bookings already secured. This turnkey property is a proven, high-yield engine ready for the savvy investor. Fully remodeled with a sleek "Old Hawaiiana" aesthetic, this retreat blends vintage island charm with modern high-end finishes, including a rare full kitchen, a private bedroom with dual entries, a full bathroom, new flooring and split AC system. The oversized lanai overlooks the pool and lush botanical gardens for a front row seat to paradise. The monthly fees at the Kona Islander Inn are designed for ultimate investor convenience, bundling nearly all carrying costs into a single, predictable structure. The monthly fees include: All Utilities: Electricity, AC, Water, Sewer, and Trash. Connectivity: High-speed Internet and Basic Cable TV. Resort Care: Maintenance of the pool, hot tub, BBQ areas, lush botanical grounds, and exterior building insurance. The long-term leasehold is secured through 2079, allowing over 52 years of ownership stability. This extended timeline offers the rare advantage of more flexible financing options and long-term security for your investment. Don't miss your chance to own the largest and most profitable condo in one of Kona’s most popular destination resorts.