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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
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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:

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:

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

Community Information

Project Name: Kona Kai
Subdivision Name: KONA INDUSTRIAL SUBDIVISION
Association Fee: $625 Monthly
Stories:
Year Established:
Lava Zone: 4
Flood Zone: X

Land Information

Lot Size: Square Feet
Waterfront:
Land Lease Rent: $323
Lease Type:
Land Tenure: Leasehold
Lot Features:
Frontage Type:
Roads: Paved
Roads Frontage Type:
Zoning: CV-10
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

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:

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