75-5776 Kona Islander Inn 208,Kailua Kona, HI 96740
Kailua Kona, HI 96740
Description
This is a leasehold property.A true "one-of-a-kind" rarely available find. While the Kona Islander Inn is famed for its cozy studios, this is one of only two 1-bedroom "double units" in the entire complex. A unicorn opportunity. Originally the Hotel Manager's Suite, this is the largest condo on-site, offering a premium lifestyle and investment potential that simply cannot be matched. Situated in the absolute heart of Kailua-Kona, this unit offers a premier walk-to-everything lifestyle just steps from the pier, beaches and the best dining and sunsets on Ali'i Drive. This isn't just a beautiful home; it’s a high-performance vacation rental with a history of stellar reviews and a robust calendar of future bookings already secured. This turnkey property is a proven, high-yield engine ready for the savvy investor. Fully remodeled with a sleek "Old Hawaiiana" aesthetic, this retreat blends vintage island charm with modern high-end finishes, including a rare full kitchen, a private bedroom with dual entries, a full bathroom, new flooring and split AC system. The oversized lanai overlooks the pool and lush botanical gardens for a front row seat to paradise. The monthly fees at the Kona Islander Inn are designed for ultimate investor convenience, bundling nearly all carrying costs into a single, predictable structure. The monthly fees include: All Utilities: Electricity, AC, Water, Sewer, and Trash. Connectivity: High-speed Internet and Basic Cable TV. Resort Care: Maintenance of the pool, hot tub, BBQ areas, lush botanical grounds, and exterior building insurance. The long-term leasehold is secured through 2079, allowing over 52 years of ownership stability. This extended timeline offers the rare advantage of more flexible financing options and long-term security for your investment. Don't miss your chance to own the largest and most profitable condo in one of Kona’s most popular destination resorts.
Details
| MLS # | 729785 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| HOA Dues | $1,330 |
| Sub-Type | Resale |
| Status | Active |
| Year | 1969 |
| Days On Site | 124 |
| Listing Provided By | eXp Realty | Ann Besson |
Features
| Bed(s) | 1 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 529 |
| Pool | Yes |
| Zoning | V-.75 |
Taxes
| Property | 4049 |
|---|
Area Information
| State | HI |
|---|---|
| City | Kailua Kona |
| Zip Code | 96740 |
| Area | Big Island |
| Listing VS Median (in 96740) | |
Price: $399,000 low | high Med: $938,000 sqft: 529 low | high Med: 1,207 $ / sqft: $754 low | high Med: $783 On site: 124 low | high Med: 54.5 | |
Market Activity 96740
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Learn More About This Property
| State | HI |
|---|---|
| City | Kailua Kona |
| Zip Code | 96740 |
| Area | Big Island |
| Listing VS Median (in 96740) | |
Price: $399,000 low | high Med: $938,000 sqft: 529 low | high Med: 1,207 $ / sqft: $754 low | high Med: $783 On site: 124 low | high Med: 54.5 | |