$280,000
 $1,503 est/mo Sourced by Back At You

75-5776 Kona Islander Inn 201,Kailua Kona, HI 96740

Kailua Kona, HI 96740

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Description

This is a leasehold property.Enjoy the convenience of in-town living at the Kona Islander Inn. This turnkey, leasehold studio is currently operating as a successful short-term vacation rental and features a private lanai overlooking the pool area, and beautifully maintained tropical landscaping. The unit offers a blend of modern and island-style furnishings, air conditioning, blackout drapes, a kitchenette, and everything needed for a comfortable island getaway. Resort amenities include a pool, hot tub, BBQ area, parking lot, trash service, and on-site laundry. Ideally located along Alii Drive, the Kona Islander Inn is just a short walk to the ocean, Kailua-Kona town, restaurants, shops, and popular attractions. Monthly HOA fees include leasehold rent, water, electricity, basic cable, trash, and high-speed internet. Lease runs through 2079 with renegotiation scheduled for 2029. Buyers utilizing lending are welcome to submit offers.

Details

MLS #731984
Listing TypeFor Sale
StyleCondominium
HOA Dues$1,040
Sub-TypeResale
StatusActive
Year1969
Days On Site33
Listing Provided ByeXp Realty | Kelly A Sakai

Features

Bath(s) 1 Total
SQ Feet372
PoolYes
ZoningV-.75
Property ViewGarden, Other

Taxes

Property2805

Area Information

StateHI
CityKailua Kona
Zip Code96740
AreaBig Island
Listing VS Median (in 96740)
Price:
$280,000
low | high
Med:
$900,000
100% of Average
sqft:
372
low | high
Med:
1,161
100% of Average
$ / sqft:
$753
low | high
Med:
$775
47.009966777409% of Average
On site:
33
low | high
Med:
216
15.277777777778% of Average
Sourced by Back At You

Market Activity 96740

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Learn More About This Property

StateHI
CityKailua Kona
Zip Code96740
AreaBig Island
Listing VS Median (in 96740)
Price:
$280,000
low | high
Med:
$900,000
100% of Average
sqft:
372
low | high
Med:
1,161
100% of Average
$ / sqft:
$753
low | high
Med:
$775
47.009966777409% of Average
On site:
33
low | high
Med:
216
15.277777777778% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $210K - $350K
sqft: 279 - 465
Listing Updated: July 17, 2026 at 10:33:46 AM PDT