75-5719 ALII DR, #409, KAILUA-KONA, HI 96740

Kona Plaza Penthouse Unit Highly Desirable Vacation Rental Property

Listing Provided by: KW Big Island
MLS #: 719491

Description

Kona Plaza Penthouse: Luxury 3-Bedroom, 2-Bath Condo in the Heart of KonaSuccessful Vacation rental on track to do $140k in 2024Turn-key self managed 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.Prime Location & Easy Access: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.Enjoy quick access to sandy shores, live music venues, and incredible dining options.Exclusive Features & Upgrades:Keyed Elevator Access: Enjoy the luxury of private elevator access directly to your unit, plus a gated underground parking space for convenience and security.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.Modern Upgrades: Updated kitchen with granite countertops, full-size front-load washer and dryer, LED lighting, and energy-saving reverse osmosis system.New AC System installed in 2023Resort-Style Amenities: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.Large Pool: Relax and unwind in the spacious pool area, ideal after a day at the beach or for casual lounging.Ideal for Investors or Owners:This unit is an established and popular vacation rental, with future bookings available for transfer to the new owner.

Property Details

Price: $899,000
Sold Price:
Address: 75-5719 ALII DR, #409, KAILUA-KONA, HI 96740
Ownership: CPR
Status: Contingent
Category: Residential
Type: High Floor Unit, Penthouse, Single Level

Total Bedrooms: 3
Total Bathrooms: 2
Full Baths: 2
Living Area: 1,199 Square Feet

Listed by: KW Big Island
Year Built: 1973
Levels:

Features and Amenities

Interior Features: Elevator
Exterior Features: Recreation Area
View: City, HIS Sunrise, Mountain(s), Ocean
Pool: Yes
Pool Features: Gunite, In Ground

Appliances: Dryer, Microwave, Range, Refrigerator, Washer
Fireplace Features:
Flooring: Carpet, Ceramic Tile
Security: CO2 Detection, Secured Garage/Parking
Laundry:

Garage Spaces:
Carport Spaces:
Parking Features: Assigned
Additional Structures:
Home Warranty:

Community Information

Project Name: Kona Plaza
Subdivision Name: HONUAULA 1ST - KEOPU 2ND
Association Fee: $2,333 Monthly

Stories:
Year Established:

Lava Zone: 4
Flood Zone: AE

Land Information

Lot Size: Square Feet
Waterfront:
Land Lease Rent:
Lease Type:
Land Tenure: Fee Simple

Lot Features: Rim Lot
Frontage Type:
Roads: Paved, Street Lights
Roads Frontage Type:

Zoning: V-.75
Horse Amenities:

Additional Details

Assessed Tax Value: $340,400
Annual Tax: $5,406
Tax Year: 2024
Tax Lot:
Tax Block:

Utilities: Cable Available, Electricity Available, Other, Phone Available, Sewer Connected
Cooling: Central Air, HIS Air Conditioning
Heating:
Sewer:
Water:
Solid Waste Disposal: Included with Maintenance Fees

First Listed March 24, 2025, 8:33 am
Last Updated August 13, 2025, 9:20 am
Listing Conditions: Fee Simple, Standard
Property Condition:
Financial Info Available:

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