Kona Plaza Penthouse: Luxury 3-Bedroom, 2-Bath Condo in the Heart of Kona<br>Successful Vacation rental on track to do $140k in 2024<br>Turn-key self managed <br>Welcome to your dream Hawaiian getaway or full-time paradise! This spacious, single-level penthouse at Kona Plaza offers 3 bedrooms, 2 baths, and unparalleled convenience in one of Kailua-Kona's most sought-after locations. Whether you're looking for a vacation rental with excellent income potential or a beautiful permanent residence, this condo has it all.<br><br>Prime Location & Easy Access:<br><br>Just steps away from Ali'i Drive and the Historic Kailua-Kona Village, you’ll be surrounded by beaches, oceanfront dining, shopping, and historical landmarks.<br>Enjoy quick access to sandy shores, live music venues, and incredible dining options.<br>Exclusive Features & Upgrades:<br><br>Keyed Elevator Access: Enjoy the luxury of private elevator access directly to your unit, plus a gated underground parking space for convenience and security.<br>Full-Width Double Lanai: Breathtaking views await! The expansive lanai allows for both sunrise views to the east and sweeping ocean vistas to the west—perfect for sunset watching.<br>Modern Upgrades: Updated kitchen with granite countertops, full-size front-load washer and dryer, LED lighting, and energy-saving reverse osmosis system.<br>New AC System installed in 2023<br><br>Resort-Style Amenities:<br><br>Community Rooftop Gathering Space: Perfect for BBQs, sunset views, or enjoying the evening breeze. For morning coffee, take a stroll to the rooftop to watch Kailua-Kona come alive with the sunrise.<br>Large Pool: Relax and unwind in the spacious pool area, ideal after a day at the beach or for casual lounging.<br>Ideal for Investors or Owners:<br><br>This unit is an established and popular vacation rental, with future bookings available for transfer to the new owner.
Under contract
$899,000
75-5719 Alii Dr APT 409, Kailua Kona, HI 96740
3beds
1,199sqft
Est.:
Condominium
Built in 1973
-- sqft lot
$861,000 Zestimate®
$750/sqft
$2,333/mo HOA
What's special
Large poolSweeping ocean vistasSpacious pool areaCommunity rooftop gathering spaceSunrise viewsBreathtaking viewsUpdated kitchen
- 148 days
- on Zillow |
- 182 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: August 13, 2025 at 02:20am
Listed by:
Cole Schlack 8087400555,
KW Big Island
Source: Hawaii Information Service,MLS#: 719491
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Cooling
- Air Conditioning, Central Air
Appliances
- Included: Dryer, Microwave, Range, Refrigerator, Washer
Features
- Elevator
- Flooring: Carpet, Ceramic Tile
- Windows: Drapes, Shutters
- Has fireplace: No
Interior area
- Total structure area: 1,199
- Total interior livable area: 1,199 sqft
Property
Parking
- Parking features: Assigned
Features
- Exterior features: Recreation Area
- Pool features: Gunite, In Ground
- Has view: Yes
- View description: City, Mountain(s), Ocean, Sunrise
- Has water view: Yes
- Water view: Ocean
Lot
- Features: Rim Lot
- Topography: Level
Details
- Parcel number: 3750070170071
- Zoning: V-.75
- Special conditions: Fee Simple,Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Concrete
Condition
- Year built: 1973
Utilities & green energy
- Utilities for property: Cable Available, Electricity Available, Other, Phone Available, Sewer Connected
Community & HOA
Community
- Features: Trash Chute
- Security: CO2 Detection, Keyed Elevator, Secured Garage/Parking
- Subdivision: HONUAULA 1ST - KEOPU 2ND
HOA
- Has HOA: Yes
- HOA fee: $2,333 monthly
Location
- Region: Kailua Kona
Financial & listing details
- Price per square foot: $750/sqft
- Tax assessed value: $340,400
- Annual tax amount: $5,405
- Date on market: 3/24/2025
- Listing terms: 1031 Exchange,Cash
- Ownership: CPR
- Electric utility on property: Yes
- Road surface type: Paved
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