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75-5855 WALUA RD, #15, KAILUA-KONA, HI 96740

Vacation Rental Condo in the Heart of Kona with fantastic online reviews!

Listing Provided by: KW Big Island
MLS #: 717138
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Description

Island Charm Meets Vacation Rental Opportunity — Turnkey Malia Kai TownhomeExperience the vibrant heart of Kailua Kona from this beautifully updated townhouse-style condo at Malia Kai — a boutique community where tropical landscaping, a quiet atmosphere, and prime location converge. Approved for short-term vacation rental (STVR) and boasting excellent online reviews, this turnkey-furnished, 1-bedroom, 1.5-bath residence is a rare find. Tranquility just minutes from the action, walkable to Honl’s Beach, Royal Kona Resort Luau, and Kona's oceanfront districtThoughtfully upgraded for comfort and style, highlights include:- Premium Vacation Rental Property — Unbeatable location steps to beaches, restaurants, and shops- Active STVR Permit — Ideal for immediate rental income- Split Air Conditioning System for year-round comfort- Tastefully Furnished and ready for move-in or guests- Preferred Lanai Orientation — Sheltered from the afternoon sun with refreshing breezes- Peek-a-boo Ocean Views from both lanais- Upgraded Kitchen featuring newer appliances and all-new flooring- Designer-Renovated Main Bath- Upgraded Copper Plumbing in both baths- Fresh Interior Paint for a crisp, clean feel- Rare Covered Carport Parking- Private Laundry and Storage Room with direct access from inside the unit- Resort-Style Amenities including a sparkling pool and shaded BBQ area- Low-Density Complex Savor morning coffee with ocean glimpses, spend lazy afternoons by the pool, and stroll to sunset dinners along Ali'i Drive — all from your island home base.This is more than a condo — it’s a lifestyle and a rare opportunity to own a slice of paradise.

Property Details

Price: $589,000
Sold Price:
Address: 75-5855 WALUA RD, #15, KAILUA-KONA, HI 96740
Ownership: CPR
Status: Active
Category: Residential
Type: Townhouse

Total Bedrooms: 1
Total Bathrooms: 2
Full Baths: 1
Living Area: 800 Square Feet

Listed by: KW Big Island
Year Built: 1972
Levels:

Features and Amenities

Interior Features:
Exterior Features:
View: HIS Sunset
Pool:
Pool Features:

Appliances: Dishwasher, Microwave, Range, Refrigerator, Washer/Dryer Stacked
Fireplace Features:
Flooring: Ceramic Tile
Security:
Laundry:
Garage Spaces:
Carport Spaces:
Parking Features: Assigned, Covered
Additional Structures:
Home Warranty:

Community Information

Project Name: Malia Kai
Subdivision Name: HIENALOLI 6TH - PUAA 2ND
Association Fee: $900 Monthly
Stories:
Year Established:
Lava Zone: 4
Flood Zone: X

Land Information

Lot Size: Square Feet
Waterfront:
Land Lease Rent:
Lease Type:
Land Tenure: Fee Simple
Lot Features:
Frontage Type:
Roads: County
Roads Frontage Type:
Zoning: RM-1
Horse Amenities:

Additional Details

Assessed Tax Value: $245,700
Annual Tax: $5,019
Tax Year: 2024
Tax Lot:
Tax Block:

Utilities: Cable Available, Electricity Available, Other, Phone Available, Sewer Connected, Underground Utilities, Water Available
Cooling: Zoned
Heating: Zoned
Sewer:
Water: Other, Public
Solid Waste Disposal: Included with Maintenance Fees

First Listed April 30, 2025, 11:29 am
Last Updated May 24, 2025, 10:04 am
Listing Conditions: Fee Simple, Standard
Property Condition:
Financial Info Available:

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