Investor Opportunity: Fully Furnished 1-Bedroom Condo in Oceanfront Complex with STVR Permit
Maximize your portfolio with this turnkey 1-bedroom, 1-bath top-floor unit in the highly desirable Alii Villas, one of Kailua-Kona’s most established and sought-after oceanfront condominium communities. This condo comes fully furnished and STVR-permitted.
Step inside to find a bright, open-concept living area with updated vinyl plank flooring, tropical furnishings, and a spacious private lanai offering partial ocean views—perfect for guests to enjoy morning coffee or evening cocktails with a view. The top-floor location enhances natural light and airflow, while the thoughtfully reconfigured floor plan adds functional square footage and comfort. The AirBnB reviews are fantastic!
The condo was extensively remodeled in 2017 with new cabinets, appliances, quartz countertops, and tile backsplash in kitchen and upgraded vanity and quartz countertops in the bathroom. New electric 30 gallon water heater.
The complex has approved split A/C in the unit.
Alii Villas is located on the makai (ocean) side of historic Alii Drive, just minutes from Kailua-Kona’s vibrant dining, shopping, and outdoor recreation scene—ensuring high year-round guest demand.
On-site amenities include:
*Solar-heated saltwater pool
* Oceanfront BBQ deck
* Tropical landscaped grounds
* Library & common areas
* Frequent dolphin and seasonal whale sightings
With pet-friendly policies (1 small dog or cat allowed with board approval), this unit appeals to a wide range of potential renters and buyers. And with the STVR permit already in place, you can start generating income immediately.
Whether you're looking for a reliable income-producing asset, a low-maintenance island retreat, or a hybrid-use investment, this unit checks every box and its priced to sell!
Sold for $449,000 on 05/19/25
$449,000
75-6016 Alii Dr APT 303, Kailua Kona, HI 96740
1beds
615sqft
Condominium
Built in 1973
-- sqft lot
$441,100 Zestimate®
$730/sqft
$2,323 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: May 19, 2025 at 01:55am
Listed by:
Julie Ziemelis 8087852898,
Real Broker
Bought with:
Alyssa Rodrigues, RS-85752
Knutson & Associates
Source: Hawaii Information Service,MLS#: 719823
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Appliances
- Included: Microwave Hood, Range, Refrigerator, Washer/Dryer Stacked
Features
- Flooring: Ceramic Tile, Vinyl
- Has fireplace: No
Interior area
- Total structure area: 615
- Total interior livable area: 615 sqft
Property
Parking
- Parking features: Assigned, Deeded
Features
- Stories: 3
- Pool features: Gunite, Heated, In Ground, Outdoor Pool
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
- Waterfront features: Ocean Front
- Frontage type: Almost Oceanfront
Details
- Parcel number: 3750210070008
- Zoning: V-1.25
- 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, Phone Available, Sewer Connected, Underground Utilities
Community & neighborhood
Location
- Region: Kailua Kona
- Subdivision: KAHULUI 1ST & 2ND
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $715 monthly
Other
Other facts
- Listing terms: 1031 Exchange,Cash,Conventional
- Ownership: CPR
- Road surface type: Paved
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$441,100
2% more+$8,822
With Zillow Showcase(estimated)$449,922