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75-5776 KUAKINI HWY, #251, KAILUA KONA, HI 96740

Rarely available Almost Ocean Front Unit in iconic Kona Islander Inn

Listing Provided by: eXp Realty
MLS #: 727753
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Description

This is a leasehold property. Wake up to the sound of the ocean and vibrant Pacific blue. Rare opportunity to own a turnkey, “almost oceanfront” retreat at iconic Kona Islander Inn in the absolute heart of Kailua-Kona. Unit #251 is a fully furnished studio offering the tropical lifestyle just steps from the Pacific Ocean. Located on the second floor, this unit has a direct view of the ocean and Alii Drive and captures cooling sea breezes. The private lanai offers the ultimate daily ritual—breakfast overlooking the Kona Ocean and the lively rhythm of Alii Drive. For sports enthusiasts, this unit offers the rare luxury of watching the Ironman World Championship race directly from your own lanai, as athletes traverse the world-famous run course just feet away. Step out of your front door and onto Alii Drive to enjoy dining, shopping, and the vibrant energy of Kailua Village. Whether you are looking for a high-performing short-term vacation rental or a personal island getaway, this unit provides proximity to the Kona Pier, sandy beaches, and sunset happy hours. The Kona Islander Inn features a resort-style pool, hot tub, and BBQ areas, all surrounded by manicured tropical foliage and lush, botanical-garden grounds that make this historic complex a local icon. Monthly association fees are inclusive of essential utilities: electricity, water, sewer, trash, basic cable, and internet—making for a seamless "lock-and-go" investment. Property Highlights: Prime Location: Direct ocean and Alii Drive frontage in the center of Kailua Village. Vacation Rental Ready: Resort-Hotel zoning allows for short-term vacation rentals. Turnkey: Sold fully furnished and ready for immediate occupancy or rental. Amenities: Refreshing pool, spa, BBQ stations, and on-site laundry facilities. All-Inclusive Fees: Maintenance fees cover all major utilities (Electricity, Cable/WiFi, etc.).

Property Details

Price: $245,000
Sold Price:
Address: 75-5776 KUAKINI HWY, #251, KAILUA KONA, HI 96740
Ownership: CPR
Status: Active
Category: Residential
Type:

Total Bedrooms:
Total Bathrooms: 1
Full Baths: 1
Living Area: 372 Square Feet

Listed by: eXp Realty
Year Built: 1969
Levels:

Features and Amenities

Interior Features:
Exterior Features:
View: Ocean
Pool: Yes
Pool Features: In Ground, Outdoor Pool, Pool/Spa Combo

Appliances: Dryer, Microwave, Refrigerator, Washer
Fireplace Features:
Flooring: Ceramic Tile, Vinyl
Security:
Laundry: Common Area
Garage Spaces:
Carport Spaces:
Parking Features: Unassigned
Additional Structures:
Home Warranty:

Community Information

Project Name: KONA ISLANDER INN
Subdivision Name:
Association Fee: $872 Monthly
Stories:
Year Established:
Lava Zone: 4
Flood Zone: AE, X

Land Information

Lot Size: Square Feet
Waterfront:
Land Lease Rent: $203
Lease Type:
Land Tenure: Leasehold
Lot Features: Landscaped
Frontage Type: Almost Oceanfront
Roads: County
Roads Frontage Type: Road/Street
Zoning: V-.75
Horse Amenities:

Additional Details

Assessed Tax Value: $251,800
Annual Tax: $3,093
Tax Year: 2025
Tax Lot:
Tax Block:

Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected, Water Available
Cooling: Wall/Window Unit(s)
Heating:
Sewer:
Water: Public
Solid Waste Disposal: Included with Maintenance Fees

First Listed February 6, 2026, 7:29 am
Last Updated February 6, 2026, 10:41 am
Listing Conditions: Leasehold, Standard
Property Condition:
Financial Info Available:

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