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1 Beds ⋅ 1 Baths ⋅ 728519 MLS ⋅ ['Leasehold'] Tenure ⋅ Alii Villas BLDG.

This is a leasehold property. Beautifully maintained 1 bedroom, 1 bath condo in Kailua-Kona's most sought after ocean front community. Meticulously cared for interior and recently remodeled kitchen and bath with new appliances. Open floorplan connects the living area to the kitchen and lanai area which overlooks the pool. Ample storage throughout the unit and the parking space is conveniently located a short distance from the unit. Fully furnished and move in ready. Zoned for STVR but the unit has never been a short term rental. A short distance to downtown Kailua-Kona where you can enjoy shops, restaurants, farmers market and beaches. Alii Villas is located on Alii Drive and it offers a well maintained tropical setting with heated pool, BBQ area, large sunset /ocean view viewing deck at the end of the complex and has direct access to the shoreline. Maintenance fees include, water, basic cable, sewer, garbage collection, internet and exterior/common area maintenance. Pet friendly ( one small dog or cat allowed with board approval) This leasehold property expires in 2029 but the fee is available for purchase as of June 2025for $404,000 with a $4000 monthly increase in price thereafter.

75-6016 Alii Dr Unit 118, KAILUA KONA

Listing courtesy of eXp Realty.

$110,000

1 Beds ⋅ 1 Baths ⋅ 731641 MLS ⋅ ['Leasehold'] Tenure ⋅ Alii Villas BLDG.

This is a leasehold property. Own Your Piece of Paradise at Oceanfront Aliʻi Villas! Unit #112, is a beautifully furnished 1-bedroom, 1-bath condominium in the highly desirable oceanfront Aliʻi Villas community. Located on the south side of the complex near the pool, this garden-view unit offers a tranquil island setting surrounded by lush tropical landscaping. The living, dining, and kitchen area flows out to a ground floor lanai - perfect for morning coffee, yoga, or additional storage. Being sold fully furnished, this move-in-ready condo features a full-size washer and dryer too. Aliʻi Villas is one of the few oceanfront communities in Kailua-Kona that allows short-term vacation rentals, making this an excellent opportunity for buyers seeking a future investment property, second home, or full-time residence. Community amenities include a solar-heated saltwater pool, oceanfront BBQ area, sunset viewing deck, library, and community gathering areas. Conveniently located just minutes all Kailua-Kona's has to offer, including restaurants, shopping, beaches, farmers markets, and ocean activities. Monthly maintenance fees include water, trash service, basic cable, internet, and exterior/common area maintenance. The current lease ends 2/28/29. The Fee is available for purchase for $450k. Buyers may purchase the fee simultaneously with the condominium purchase, providing the opportunity to get a loan and convert the property to fee simple ownership.

75-6016 Alii Dr Unit 112, KAILUA KONA

Listing courtesy of Hawaii Estates LLC.

$125,000

1 Beds ⋅ 1 Baths ⋅ 730968 MLS ⋅ ['Leasehold'] Tenure ⋅ Kona Kai BLDG.

This is a leasehold property. This well-maintained beautiful condo boasts many upgrades. Perfect location in Kona Town. Short walk to restaurants, shopping and waterfront. This unit located on the 1st floor has newer AC units, Dishwasher, Ceiling Fans, Garbage disposal. This property is approved for short term vacation rentals. This cozy dual-purpose unit is turnkey and ready to move in and/or renting on Airbnb immediately. Snowbird owners live here January through March, and it is currently Airbnb rented with a 4.7 rating.

74-5618 Palani Rd Unit I5, KAILUA KONA

Listing courtesy of Transworld Realty LLC.

$129,000

1 Beds ⋅ 1 Baths ⋅ 730805 MLS ⋅ ['Leasehold'] Tenure ⋅ Kona Kai BLDG.

This is a leasehold property. CASH BUYERS ONLY Step into opportunity. Beautifully remodeled 1 bedroom, condo with courtyard views and a desirable Kona location. Currently a Popular and Profitable STVR with 2025 Gross rental income over $55,000. KEY FEATURES: PRIME LOCATION: Situated in the heart of Kailua-Kona, this condo offers unparalleled access to pristine beaches, vibrant nightlife, and shopping/dining options. Guests will delight in the convenience of exploring the area's top attractions within minutes. EXQUISITE REMODEL: Meticulously redesigned with modern elegance. From sleek bamboo floors in the kitchen to designer fixtures, every detail has been carefully chosen to offer an interior space comfort, and function. ACCOMMODATIONS: With a large bedroom, residents can unwind in comfort in the bedroom, which has a large closet and an individual air conditioner. KITCHEN: Fully-equipped kitchen, complete with new appliances, quartz countertops, and ample cabinet space. AMENITIES: A sparkling swimming pool, laundry center, assigned parking, and lush tropical landscaping. Whether seeking a lucrative investment opportunity or a personal retreat, this condo offers the best of both worlds. With a proven track record as a profitable vacation rental, you can maximize your returns while enjoying the flexibility to escape to paradise whenever you desire.

74-5618 Palani Rd Unit M6, KAILUA KONA

Listing courtesy of Hawaii Real Estate Group LLC.

$139,000

1 Baths ⋅ 724510 MLS ⋅ ['Leasehold'] Tenure ⋅ Kona West BLDG.

This is a leasehold property. Discover this beautifully updated studio at Kona West, ideally located in the heart of Kailua-Kona. This move-in-ready condo features new flooring, fresh paint, and an upgraded kitchenette with granite countertops and custom wood cabinetry. Enjoy indoor-outdoor living with a spacious covered lanai surrounded by tropical greenery. Kona West offers a sparkling pool, spa, ocean views, and BBQ area — perfect for relaxing after a day exploring the island. Conveniently situated near Ali‘i Drive, dining, beaches, and shopping. A great opportunity for full-time living or an investment property in a prime Kona location.

75-5680 Kuakini Highway Unit 206, KAILUA KONA

Listing courtesy of Knutson & Associates.

$175,000

1 Baths ⋅ 729487 MLS ⋅ ['Leasehold'] Tenure ⋅ Kona West BLDG.

This is a leasehold property. Enjoy this Furnished and Updated Studio at Kona West #203 - A popular rental area, this unit has been nicely updated with Bamboo Flooring, Lots of Built-In furnishings including Murphy Bed, Kitchenette Cabinets, Full-Length & Designer Mirrors, Mounted TV, Air-Conditioning unit and so much more! Updated with Beautiful Granite Countertops at Kitchenette and Bath, plus a Refrigerator and Induction Cooktop, Tropical style furnishings including a Teak Bar-Style Dining, Laminate Flooring in the Bath area, Privacy awnings and Wardrobe cabinet, and much more! Lanai Views of the Ocean, Seasonal Sunsets, Sunrises over the Hualalai Mountain Slope, and Kona Town activities. Located in a popular Short Term Vacation Rental Resort zoned area, close to town, restaurants, shopping, Kailua Pier, and an exciting Outdoor Active Lifestyle, You and your guests are sure to enjoy this prime location! Maintenance Fees Include: Electricity, Water, Spectrum Cable/Wifi, Trash, Common Area/Building Maintenance including Pool Deck, BBQ Grill, Dining & Lounging Areas, Hot Tub, Landscaping, Coin-Operated Laundry Room, Community Bulletin Board, Mailbox Bank, and more! Open Parking area with One unassigned Parking Permit, Visitor Parking, Car Wash Stall, some Under-Building Stalls, and Video-Monitored areas.

75-5680 Kuakini Hwy Unit 203, KAILUA KONA

Listing courtesy of eXp Realty.

$180,000

2 Beds ⋅ 1 Baths ⋅ 730692 MLS ⋅ ['Leasehold'] Tenure ⋅ Kona Kai BLDG.

This is a leasehold property. Discover island living in this beautifully updated, turnkey 2-bedroom, 1-bath condominium ideally located in the heart of Kailua-Kona. Enjoy ocean views and an unbeatable location just moments from the iconic Ironman finish line, Kona Pier, local markets, grocery stores, restaurants, shopping, and the sparkling Pacific Ocean. Currently operating as a successful vacation rental, this fully furnished condo presents an excellent opportunity for investors seeking income potential or buyers looking for their own private island getaway. Thoughtfully updated and move-in ready, it offers the perfect blend of comfort, convenience, and the Kona lifestyle. Residents and guests enjoy access to a community pool, and the monthly maintenance fee includes water, sewer, gas, trash service, landscaping, pool maintenance, and quarterly pest control. For added convenience, the property features newly installed coin-operated washers and dryers. Whether you're searching for a Hawaii retreat, a vacation rental investment, or both, this centrally located condo is ready to welcome you. 🌺

74-5618 Palani Rd Unit F7, KAILUA KONA

Listing courtesy of First Island Realty, LLC.

$195,000

1 Baths ⋅ 732139 MLS ⋅ ['Leasehold'] Tenure ⋅ Kona Islander Inn BLDG.

This is a leasehold property. Welcome to this Top floor, End unit Studio which has been renovated and is offered fully furnished. The historic Kona Islander Inn has wonderful amenities, inviting lush tropical gardens and is centrally situated within Kailua-Kona village - a peaceful retreat with the convenience of being in the heart of town. - Enjoy this island-style condo as your own Hawaii getaway and as an investment property as well. The property is an existing vacation rental with solid rental history and future reservations which are assumable by Buyer. - Offered completely furnished with all that you'll need including a Queen bed plus sofa-sleeper, indoor and outdoor seating, TV, refrigerator / freezer, microwave, coffee-maker & more - Enjoy the covered outdoor lanai with garden views, ocean breeze - Air conditioning for warmer Hawaii climate plus tropical ceiling fan - Amenities include centrally located in-ground pool, spa, barbecue, charming open-air lobby with lounge and veranda, complimentary parking pass, lush mature landscaping and coin-operated laundry facility - Located adjacent to Alii Drive, Kona Islander Inn is just a short stroll to all that Kailua-Kona has to offer: ocean activities, historical sites, restaurants, shopping & farmer's market, personal services, churches and Kailua Public Library. - Monthly condo fees include all utilities: electricity, TV cable/internet, water, sewer, trash, maintenance of the grounds, pool, spa, barbecue, recycling.

75-5776 Kuakini Highway Unit 334, KAILUA KONA

Listing courtesy of NextHome Paradise Realty.

$197,100

1 Baths ⋅ 731062 MLS ⋅ ['Leasehold'] Tenure ⋅ Kona Islander Inn BLDG.

This is a leasehold property. Conventional Financing is now available for qualified buyers—please inquire for details! Seller Financing Also Available! Beautifully remodeled and located on the top floor, Kona Islander Inn Unit 336 offers a unique opportunity to own an affordable slice of paradise in the heart of Kailua-Kona. One of the standout features of this exceptional studio is its thoughtfully designed and beautifully updated kitchen, creating a warm and inviting space rarely found within the complex. The bright and comfortable interior has been tastefully upgraded and features attractive flooring, a remodeled bathroom, air conditioning, and a private covered lanai overlooking the lush tropical grounds with peek-a-boo ocean views. Whether you're looking for a personal island retreat, a second home, or an investment opportunity, this unit provides comfort and convenience in an unbeatable location. Kona Islander Inn is known for its resort-style setting with a swimming pool, spa, barbecue areas, and beautifully landscaped grounds. Situated right in the center of Kailua-Kona, you're just steps away from Alii Drive and within walking distance to restaurants, coffee shops, farmers markets, shopping, beaches, and countless ocean activities. Enjoy island living at its best with this beautifully remodeled top-floor unit in one of Kona's most convenient locations. Leasehold property with financing options now available for qualified buyers—please inquire for details

75-5776 Kona Islander Inn Unit 336, KAILUA KONA

Listing courtesy of Knutson & Associates.

$198,350

726599 MLS ⋅ ['Fee Simple'] Tenure ⋅ Pomaikai Cottages BLDG.

Pomaikaʻi 5 represents one of the most desirable office locations in Waimea, situated within a short walking distance of Merriman’s, Pau Pizza, and Surf Camp Coffee. Owned by the Seller for 26 years, the property has appreciated at an estimated compound annual rate of approximately 7.5%. Along with the current below-market asking price, Seller is pleased to be passing on this value added history. The commercially zoned 342 square foot office is ideally positioned on a quiet cul-de-sac in the heart of Waimea, offering rare tree-shaded tranquility and privacy seldom found in commercial properties. The discreet, off-road location has contributed to exceptionally low tenant turnover. Pomaikaʻi 5 is a corner unit featuring windows on two sides, providing natural light, serene views and convenient, hassle-free parking. The space has previously been occupied by a well-regarded real estate professional, nonprofit organization, and mental health practitioner. Recent updates include luxury flooring and fresh interior paint. Owner may entertain Seller financing with a considerable down payment and stable buyer/tenant.

65-1241 Pomaikai Pl Unit 5, KAMUELA

Listing courtesy of COMPASS.

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