$795,000
 $4,268 est/mo Sourced by Back At You

75-5782 Kuakini Highway 512,Kailua-Kona, HI 96740

Kailua-Kona, HI 96740

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Description

Kona Alii, Unit 512 presents a rare and highly sought-after ownership opportunity in the heart of downtown Kailua-Kona. This exceptional end unit, seldom available in this size and configuration, offers a unique two-level, loft-style layout that sets it apart from the majority of units in the complex. Successfully operated as a Short-Term Vacation Rental (STVR), the property provides outstanding flexibility as an income-producing investment, primary residence, or part-time island retreat. Spanning two interior levels, the residence features an open and airy floor plan with soaring ceilings, abundant natural light, and a sense of space rarely found in Kona Alii. The end-unit location enhances privacy and light, while the ocean view from the lanai creates the perfect backdrop for morning coffee or evening relaxation with Kona’s signature trade winds. The condo is thoughtfully equipped with split air conditioning, ensuring comfort throughout both levels. The functional, well-appointed open kitchen offers ample cabinetry and seamlessly connects to the living and dining areasideal for entertaining or relaxed everyday living. The lofted upper level adds architectural character and versatility, providing additional living, sleeping, or workspace options. Location truly defines this property. Kona Alii is perfectly positioned just steps from Alii Drive, the Kailua Pier, ocean activities, dining, shopping, and local entertainmentallowing owners and guests alike to enjoy a fully walkable, car-optional lifestyle. The complex is well maintained and offers a secure environment in one of Kona’s most vibrant settings. Elevator Access Secured as well. Whether you are seeking a proven STVR performer, a downtown primary residence, or a rare, spacious condo with unique character, Unit 512 stands out as one of the most distinctive offerings in Kona Aliia true blend of location, lifestyle, and long-term value.

Details

MLS #729873
Listing TypeFor Sale
StyleCondominium
HOA Dues$2,225
Sub-TypeResale
StatusActive
Year1972
Days On Site120
Listing Provided ByKnutson & Associates | Blake C Kessner

Features

Bed(s)2
Bath(s) 3 Total
SQ Feet1,070
PoolYes
ZoningV-.75
Property ViewOcean

Taxes

Property7986

Area Information

StateHI
CityKailua-Kona
Zip Code96740
AreaBig Island
Community NameHIENALOLI 1ST HIENALOLI 6TH
Listing VS Median (in HIENALOLI 1ST HIENALOLI 6TH)
Price:
$795,000
low | high
Med:
$627,000
71.132075471698% of Average
sqft:
1,070
low | high
Med:
780
77.102803738318% of Average
$ / sqft:
$743
low | high
Med:
$804
41.80938558297% of Average
On site:
120
low | high
Med:
93.5
100% of Average
Sourced by Back At You

Market Activity 96740

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Learn More About This Property

StateHI
CityKailua-Kona
Zip Code96740
AreaBig Island
Community NameHIENALOLI 1ST HIENALOLI 6TH
Listing VS Median (in HIENALOLI 1ST HIENALOLI 6TH)
Price:
$795,000
low | high
Med:
$627,000
71.132075471698% of Average
sqft:
1,070
low | high
Med:
780
77.102803738318% of Average
$ / sqft:
$743
low | high
Med:
$804
41.80938558297% of Average
On site:
120
low | high
Med:
93.5
100% of Average
Sourced by Back At You
Listing Updated: July 12, 2026 at 4:45:45 PM PDT