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.
| MLS # | 731984 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| HOA Dues | $1,040 |
| Sub-Type | Resale |
| Status | Active |
| Year | 1969 |
| Days On Site | 33 |
| Listing Provided By | eXp Realty | Kelly A Sakai |
| Bath(s) | 1 Total |
|---|---|
| SQ Feet | 372 |
| Pool | Yes |
| Zoning | V-.75 |
| Property View | Garden, Other |
| Property | 2805 |
|---|
| State | HI |
|---|---|
| City | Kailua Kona |
| Zip Code | 96740 |
| Area | Big Island |
| Listing VS Median (in 96740) | |
Price: $280,000 low | high Med: $900,000 sqft: 372 low | high Med: 1,161 $ / sqft: $753 low | high Med: $775 On site: 33 low | high Med: 216 | |
| State | HI |
|---|---|
| City | Kailua Kona |
| Zip Code | 96740 |
| Area | Big Island |
| Listing VS Median (in 96740) | |
Price: $280,000 low | high Med: $900,000 sqft: 372 low | high Med: 1,161 $ / sqft: $753 low | high Med: $775 On site: 33 low | high Med: 216 | |