75-5776 Kuakini Hwy, Unit 123

$204,000
Price
Studio
Beds
372 Sq. Ft.
$548 / Sq. Ft.
372
Sq. Ft.
$548
per Sq. Ft.

Description

This is a leasehold property. With over $67,000 gross yearly income, this is a great investment property!
Welcome to your tropical escape at the Kona Islander Inn! This charming condo offers a private lanai that opens to beautifully landscaped grounds, inviting you to relax and recharge in a serene setting. Whether you're sipping your morning coffee or unwinding after a day of adventure, this peaceful space is the perfect retreat.
This unit is currently an active Short-Term Vacation Rental with a solid
...This is a leasehold property. With over $67,000 gross yearly income, this is a great investment property!

Welcome to your tropical escape at the Kona Islander Inn! This charming condo offers a private lanai that opens to beautifully landscaped grounds, inviting you to relax and recharge in a serene setting. Whether you're sipping your morning coffee or unwinding after a day of adventure, this peaceful space is the perfect retreat.

This unit is currently an active Short-Term Vacation Rental with a solid history of bookings—an ideal opportunity for those seeking an investment property in the heart of Kailua-Kona. The complex features resort-style amenities including a pool and hot tub, lush tropical gardens, BBQ grills, and a welcoming front desk team to assist with guest check-ins and check-outs.

Perfectly situated on vibrant Alii Drive, you're just steps away from beaches, restaurants, shops, and local entertainment. Parking is available on a first-come, first-serve basis, and the on-site laundry room is accessible with a key card.

Monthly maintenance fees cover water, electricity, trash service, basic cable, and high-speed internet, helping you keep your costs fixed and budgeting simple. The lease runs through 2079 with a renegotiation date set for 2029.

Don’t miss this opportunity to own a slice of paradise in one of Kona’s most popular vacation destinations!

Listing Agent

  1. Soraya Letournel

    Soraya Letournel

    Listing Agent

    Compass

    License #RS-85301

Property Details for 75-5776 Kuakini Highway, Unit 123

Waterfront
No
Zoning
V-.75
LISTING UPDATED: 11/29/2025 08:43 AM

Property Details for 75-5776 Kuakini Highway, Unit 123

StatusActive
MLS #720985
Days on Market214
Taxes$2,463 / year
HOA Fees$1,288 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeCondo / Condominium
Year Built1969
CountyHawaii County

Location

Add your commute

Virtual Tour

Building Information for 75-5776 Kuakini Highway, Unit 123

Building/Complex75-5776 Kuakini HwyFloor[]Stories-Residences-Pet PolicyNot AllowedPet Policy DetailsNoYear Built1969

Payment Calculator

$2,501 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,008

Property Taxes

$205

HOA Dues

$1,288

The Payment Calculator is for illustrative purposes only.

Property Information for 75-5776 Kuakini Highway, Unit 123

Summary
Location and General Information
  • Flood Zone: AE, X
  • Lava Zone: 4
  • Directions: enter the address into GPS.
  • Water Source: Public
  • Latitude: 19.63650604
  • Longitude: -155.9898585
  • Year Built: 1969
  • Roads: County, Private
Taxes and HOA
  • Association Fee Frequency: Monthly
  • Tax Year: 2024
  • Association Fee: $1,288
  • Tax Annual Amount: $2,463
  • Tax Assessed Value: 200500.0
  • Parcel Number: 3-7-5-8-3-53
  • Tax key: 375008003
Parking
  • Carport Area Units: Square Feet
  • Garage Area Units: Square Feet
  • Parking Features: Unassigned
Virtual Tour
Property
Lot Information
  • Lot Size Units: Square Feet
  • Property Attached: Yes
  • Living Area Units: Square Feet
  • Project: KONA ISLANDER INN
  • Other Building Area Units: Square Feet
  • Roofed Area Units: Square Feet
  • Land Tenure: Leasehold
  • Living Area: 372.0
  • 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: No
  • Public Report Number: 1095
Utilities
  • Solid Waste Disposal: Included with Maintenance Fees
  • Utilities: Electricity Available, Sewer Connected, Water Available
Interior and Exterior Features
Exterior Features
  • Exterior Area Units: Square Feet
  • Pool: No
Interior Features
  • Elevation Units: Feet
  • Bathrooms Total: 1
  • Appliances: Microwave Hood, Refrigerator
  • Flooring: Carpet
  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 0
Rental
Rental Information
  • Pets Allowed: No
  • Leasable Area Units: Square Feet
  • Leasehold Rent: $255

Property History for 75-5776 Kuakini Highway, Unit 123

DateEvent & SourcePriceAppreciation
Nov 29, 2025

Price Change

HIS #720985

$204,000
May 15, 2025

Listed (Active)

HIS #720985

$209,000
Aug 25, 2021

Sold

HIS #652358

$154,000
Jul 22, 2021

Contract Signed

HIS #652358

Jul 21, 2021

Listed (Active)

HIS #652358

$149,000
Oct 23, 2020

Sold

HIS #640759

$130,000
Sep 10, 2020

Contract Signed

HIS #640759

Aug 28, 2020

Listed (Active)

HIS #640759

$140,000
Oct 4, 2017

Sold

HIS #606964

$140,000
Sep 16, 2017

Sold (Public Record)

Public Record #606639844

$140,000

+4.1% / yr

Aug 19, 2017

Contract Signed

HIS #606964

May 21, 2017

Listed (Active)

HIS #606964

$145,000
Oct 8, 2008

Sold

HIS #214154

$97,500
Oct 3, 2008

Sold (Public Record)

Public Record #256201217

$97,500
Aug 29, 2008

Contract Signed

HIS #214154

Aug 4, 2008

Listed (Active)

HIS #214154

$99,000
Jan 30, 2008

Temporarily Off Market

HIS #198100

Aug 4, 2007

Listed (Active)

HIS #198100

$135,000
Nov 14, 2006

Temporarily Off Market

HIS #167770

$153,900
Nov 14, 2005

Listed (Active)

HIS #167770

$163,900
DateEvent & SourcePrice
11/29/2025

Price Change

HIS #720985

$204,000
05/15/2025

Listed (Active)

HIS #720985

$209,000
08/25/2021

Sold

HIS #652358

$154,000
07/22/2021

Contract Signed

HIS #652358

07/21/2021

Listed (Active)

HIS #652358

$149,000
10/23/2020

Sold

HIS #640759

$130,000
09/10/2020

Contract Signed

HIS #640759

08/28/2020

Listed (Active)

HIS #640759

$140,000
10/04/2017

Sold

HIS #606964

$140,000
09/16/2017

Sold (Public Record)

Public Record #606639844

$140,000

+4.1% / yr

08/19/2017

Contract Signed

HIS #606964

05/21/2017

Listed (Active)

HIS #606964

$145,000
10/08/2008

Sold

HIS #214154

$97,500
10/03/2008

Sold (Public Record)

Public Record #256201217

$97,500
08/29/2008

Contract Signed

HIS #214154

08/04/2008

Listed (Active)

HIS #214154

$99,000
01/30/2008

Temporarily Off Market

HIS #198100

08/04/2007

Listed (Active)

HIS #198100

$135,000
11/14/2006

Temporarily Off Market

HIS #167770

$153,900
11/14/2005

Listed (Active)

HIS #167770

$163,900

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

Public Records for 75-5776 Kuakini Highway, Unit 123

Taxable ValueLand$9,300Additions$191,200Total$200,500
Tax Record2025$2,463 ($205 / month)
Home Facts
Beds0Baths1Total Finished SqFt372 SqFtAbove Grade Finished SqFt372 SqFtStories1StyleCondominiumYear Built1969ZoningV-.75CountyHAWAIIAPN3-7-5-008-003-0053

Schools near 75-5776 Kuakini Highway, Unit 123

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
Kahakai 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.

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75-5776 Kuakini Highway, Unit 123 is a condo for sale in Kailua-Kona, HI 96740. This property was listed for sale on May 15, 2025 by Compass, it's currently listed at $204,000. It has been on the market for a total of 214 days and was last sold on August 25, 2021. This listing's school district is Hawaii Department Of Education. Nearby schools include Kahakai Elementary School, Kealakehe Intermediate School and Kealakehe High School. 75-5776 Kuakini Highway, Unit 123 is a 0-bed, 1-bath, 372 sqft condo built in 1969.

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 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.

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.