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For sale
  • $110,000

    74-5618 Palani Rd APT K4, Kailua Kona, HI 96740

    1beds
    535sqft
    : 
    Condominium
    Built in 1969
    -- sqft lot
    $107,400 Zestimate®
    $206/sqft
    $707/mo HOA

    What's special

    Community pool
    This is a leasehold property. Prime location! Kona Kai condominiums is in walking distance to shopping, the bay front, and downtown shops and pier. This one-bedroom, second-floor unit is located in the heart of Kailua-Kona and features a partial mountain view from the lanai. The condo has been recently updated with new propane range and refrigerator, freshly painted, and other minor repairs.<br><br>The zoning currently permits short-term vacation rentals, making this an ideal opportunity. The current land lease rent is $323 per month. Monthly maintenance fees are $707 (subject to change) covering landscaping, common area upkeep, trash removal, propane for cooking, hot water, and common area insurance.<br><br>Kona Kai residents enjoy a community pool, BBQ area with picnic tables, and a coin-operated laundry room equipped with new machines. This property is being sold for cash, as traditional financing is not available. A great value for a centrally located home or rental in the heart of Kailua!<br><br>MLS listing details and public records are believed to be accurate, but cannot be guaranteed. Buyers should independently verify any information they consider essential or relevant to their purchase. Association Manager: Associa Hawaii.
    7 days
    on Zillow
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    551
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    14
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    Zillow last checked: 7 hours ago

    Listing updated: August 14, 2025 at 03:58am

    Listed by:

    Kevin E Lewis 8088954956,

    Coldwell Banker Island Properties - Hilo

    Source: Hawaii Information Service,MLS#: 723211
    Travel times

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    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Appliances
    • Included: Dryer, Microwave, Range, Refrigerator, Washer
    Features
    • Flooring: Carpet
    • Has fireplace: No
    Interior area
    • Total structure area: 535
    • Total interior livable area: 535 sqft

    Property

    Parking
    • Parking features: Assigned
    Features
    • Pool features: In Ground
    Details
    • Parcel number: 3740100360075
    • Zoning: CV-10
    • Special conditions: Leasehold,Standard

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Condition
    • Year built: 1969

    Utilities & green energy

    • Utilities for property: Cable Available, Electricity Available, Phone Available, Sewer Connected

    Community & HOA

    Community
    • Subdivision: KONA INDUSTRIAL SUBDIVISION
    HOA
    • Has HOA: Yes
    • HOA fee: $707 monthly
    Location
    • Region: Kailua Kona

    Financial & listing details

    • Price per square foot: $206/sqft
    • Tax assessed value: $128,700
    • Annual tax amount: $1,580
    • Date on market: 8/14/2025
    • Listing terms: Cash
    • Ownership: CPR
    • Electric utility on property: Yes
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