74-5618 Palani Rd, Unit D5

535 Sq. Ft.
$242 / Sq. Ft.
535
Sq. Ft.
$242
per Sq. Ft.

Description

This is a leasehold property. Many units in this complex are successful vacation rentals. This unit can be sold fully furnished and turnkey if new owner would like to start a vacation rental immediately or make it your own residence, pets allowed at this complex. This unit is ready to go! Its walking distance to the beach, town, shopping, dining, grocery stores, post office, banks, and everything that beautiful downtown Kailua-Kona has to offer! Due to this being a leasehold property, this sale must...This is a leasehold property. Many units in this complex are successful vacation rentals. This unit can be sold fully furnished and turnkey if new owner would like to start a vacation rental immediately or make it your own residence, pets allowed at this complex. This unit is ready to go! Its walking distance to the beach, town, shopping, dining, grocery stores, post office, banks, and everything that beautiful downtown Kailua-Kona has to offer! Due to this being a leasehold property, this sale must be cash or a 1031 exchange.
  1. Listed by Felicia Frazer-Harms • License #RS-66974 • Brokerage DRE #RB-16822 • Coldwell Banker Island Properties - Kona
    P: (808)-936-2270 C: (808)-936-2270 feliciafrazer7@hotmail.com

Property Details for 74-5618 Palani Road, Unit D5

View
City, Garden, Ocean Horizon, Other, Sunset
Waterfront
No
Subdivision Name
KONA INDUSTRIAL SUBDIVISION
Zoning
CV-10
LISTING UPDATED: 04/30/2026 03:33 PM

Property Details for 74-5618 Palani Road, Unit D5

StatusActive Under Contract
MLS #721367
Days on Market278
Taxes$1,505 / year
HOA Fees$706 / month
Condo/Co-op Fees-
Property TypeCondo
MLS TypeCondo / Condominium
Year Built1969
CountyHawaii County

Location

Listing Courtesy of Coldwell Banker Island Properties - Kona, Felicia Frazer-Harms, License #RS-66974
Add your commute

Building Information for 74-5618 Palani Road, Unit D5

Building/Complex74-5618 Palani RdFloor[]Stories-Residences-Pet PolicyAllowedPet Policy DetailsYesYear Built1969

Payment Calculator

$1,484 per month

30 year fixed, 6.46% Interest

Principal and Interest

$652

Property Taxes

$125

HOA Dues

$706

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 74-5618 Palani Road, Unit D5

Summary
Location and General Information
  • Flood Zone: X
  • Lava Zone: 4
  • Directions: Head downhill on Palani rd and take the right driveway just before Taco Bell.<br>For showings, its easiest to park at Tacobell and walk out to sidewalk and go back uphill to the driveway to the Kona Kai.<br>Take the first walk way into the complex and go straight forward, you will see unit D-5 just up a few stairs.
  • Latitude: 19.64397454
  • Longitude: -155.99599075
  • Year Built: 1969
  • Roads: County, Paved
Taxes and HOA
  • Association Fee Frequency: Monthly
  • Tax Year: 2024
  • Association Fee: $706
  • Tax Annual Amount: $1,505
  • Tax Assessed Value: 122500.0
  • Parcel Number: 3-7-4-10-36-29
  • Tax key: 374010036
Parking
  • Carport Area Units: Square Feet
  • Garage Area Units: Square Feet
  • Parking Features: Assigned
Property
Lot Information
  • Lot Size Units: Square Feet
  • Property Attached: Yes
  • Living Area Units: Square Feet
  • Project: Kona Kai
  • Other Building Area Units: Square Feet
  • Roofed Area Units: Square Feet
  • Land Tenure: Leasehold
  • Living Area: 535.0
  • Lot Size Area: 0.0
Property and Assessments
  • Special Assessment Amount Frequency: Monthly
  • Assessment Year: 2024
  • Covenants Conditions Restrictions: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Special Assessment Amount: 0.0
  • Special Assessment: Yes
  • Public Report Number: 1132
Utilities
  • Internet Access: Cable, Fiber-Optic, Satellite, Wireless
  • Solid Waste Disposal: Included with Maintenance Fees
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected
Interior and Exterior Features
Exterior Features
  • Pool Features: In Ground, Outdoor Pool
  • Exterior Area Units: Square Feet
  • Pool: Yes
Interior Features
  • Elevation Units: Feet
  • Bathrooms Total: 1
  • Appliances: Microwave, Range, Refrigerator
  • Flooring: Carpet
  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 1
Rental
Rental Information
  • Pets Allowed: Yes
  • Leasable Area Units: Square Feet
  • Leasehold Rent: $337

Property History for 74-5618 Palani Road, Unit D5

DateEvent & SourcePriceAppreciation
Apr 30, 2026

Contract Out

HIS #721367

—
Mar 7, 2026

Listed (Active)

HIS #721367

—
Mar 7, 2026

Price Change

HIS #721367

$129,500—
DateEvent & SourcePrice
04/30/2026

Contract Out

HIS #721367

—
03/07/2026

Listed (Active)

HIS #721367

—
03/07/2026

Price Change

HIS #721367

$129,500

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 74-5618 Palani Road, Unit D5

Taxable ValueLand$17,500Additions$74,600Total$92,100
Tax Record2025$208 ($17 / month)
Home Facts
Beds1Baths1Total Finished SqFt535 SqFtAbove Grade Finished SqFt535 SqFtStories1StyleCondominiumYear Built1969ZoningCV-10CountyHAWAIIAPN740100360029

Schools near 74-5618 Palani Road, Unit D5

This home is within Hawaii Department Of Education.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Kealakehe Elementary School
PublicPK to 5

Kealakehe Intermediate School
Public6 to 8

Kealakehe High School
Public9 to 12

Innovations - Public Charter School
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Island Properties - Kona, Felicia Frazer-Harms, License #RS-66974

Based on information from one of the following Multiple Listing Services: Hawaii HIS, MAUI MLS and Hi Central. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Hawaii HIS, MAUI MLS and Hi Central is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.