74-5618 PALANI RD, #A4, KAILUA KONA, HI 96740
Exceptional Turnkey Vacation Rental Investment with Ocean & Pool Views
Listing Provided by: Hawaii Real Estate Group LLC
MLS #: 732427
MLS #: 732427
Description
This is a leasehold property. Own one of the area's most sought-after vacation rentals! This beautifully maintained top-floor condominium has been a consistently successful Airbnb property, generating an average of approximately $55,000 in annual gross rental revenue over the past five years. With an established rental history, outstanding guest reviews, and reservations already on the books through 2027, this is a rare opportunity to step into a proven, income-producing property from day one. Located on the top floor of a two-story building, the condominium enjoys peaceful privacy along with relaxing ocean and pool views from the lanai. Guests love the bright, open feel and the elevated vantage point that captures Kona's beautiful sunsets and tropical atmosphere. The location is one of the property's greatest assets. Situated in the heart of Kona, visitors can easily walk or take a short drive to beaches, restaurants, shopping, and local attractions. This highly desirable central location has been a major contributor to the property's exceptional occupancy and repeat guest business. The sale includes one assigned parking space, adding convenience for both owners and guests. Please note: This is a leasehold property and because of leasehold financing limitations a cash purchase is required. Whether you're looking to expand your vacation rental portfolio or own a tropical getaway with a proven income stream, this turnkey investment offers an exceptional combination of location, performance, and lifestyle.
Property Details
Price: $140,000
Sold Price:
Address: 74-5618 PALANI RD, #A4, KAILUA KONA, HI 96740
Ownership: CPR
Status: Active
Category: Residential
Type:
Sold Price:
Address: 74-5618 PALANI RD, #A4, KAILUA KONA, HI 96740
Ownership: CPR
Status: Active
Category: Residential
Type:
Total Bedrooms: 1
Total Bathrooms: 1
Full Baths: 1
Living Area: 480 Square Feet
Listed by: Hawaii Real Estate Group LLC
Year Built: 1969
Levels:
Year Built: 1969
Levels:
Features and Amenities
Interior Features:
Exterior Features:
View: Coastline
Pool: Yes
Pool Features: In Ground
Appliances: Range, Refrigerator
Fireplace Features:
Flooring: Ceramic Tile, Laminate
Security:
Laundry:
Fireplace Features:
Flooring: Ceramic Tile, Laminate
Security:
Laundry:
Garage Spaces:
Carport Spaces:
Parking Features: Assigned
Additional Structures:
Home Warranty:
Carport Spaces:
Parking Features: Assigned
Additional Structures:
Home Warranty:
Community Information
Project Name: Kona Kai
Subdivision Name: KONA INDUSTRIAL SUBDIVISION
Association Fee: $625 Monthly
Subdivision Name: KONA INDUSTRIAL SUBDIVISION
Association Fee: $625 Monthly
Stories:
Year Established:
Year Established:
Lava Zone: 4
Flood Zone: X
Flood Zone: X
Land Information
Lot Size: Square Feet
Waterfront:
Land Lease Rent: $323
Lease Type:
Land Tenure: Leasehold
Waterfront:
Land Lease Rent: $323
Lease Type:
Land Tenure: Leasehold
Lot Features:
Frontage Type:
Roads: Paved
Roads Frontage Type:
Frontage Type:
Roads: Paved
Roads Frontage Type:
Zoning: CV-10
Horse Amenities:
Horse Amenities:
Additional Details
Assessed Tax Value: $98,100
Annual Tax: $1,205
Tax Year: 2026
Tax Lot:
Tax Block:
Utilities: Electricity Available, Phone Available, Sewer Connected
Cooling:
Heating:
Sewer:
Water:
Solid Waste Disposal: Included with Maintenance Fees
Cooling:
Heating:
Sewer:
Water:
Solid Waste Disposal: Included with Maintenance Fees
First Listed July 31, 2026, 10:46 am
Last Updated July 31, 2026, 10:46 am
Listing Conditions: Leasehold, Standard
Property Condition:
Financial Info Available:
© 2026 Hawaii Information Service. All Rights Reserved. This website is for personal, non-commercial use only. IDX and Information provided herein is deemed reliable but is not guaranteed by the Hawaii Information Service, Inc. Listing Service.

















