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75-6026 ALII DR, #5207, KAILUA KONA, HI 96740

Resort Living at Kona Makai– Turnkey with Fee Purchase Option!

Listing Provided by: Knutson & Associates
MLS #: 732776
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Description

This is a leasehold property. Welcome to Kona Makai #5-207, a beautifully positioned end unit offering an exciting opportunity in one of Kona’s desirable oceanfront communities. Conveniently located with close access to parking this fully furnished 1-bedroom, 1-bath condominium offers approximately features two private lanais surrounded by Kona Makai’s lush tropical setting. What makes this opportunity particularly exciting is the flexibility now available to buyers. While currently leasehold, the fee simple interest is now available for purchase at Kona Makai, creating an opportunity to convert to fee simple ownership. Financing options are also available opening the door to buyers who may have previously overlooked leasehold properties. For investors, the potential is especially compelling! Kona Makai is an STVR-eligible complex, offering an opportunity for short-term vacation rental use. Combined with the ability to purchase the fee, this creates a unique opportunity for buyers looking for both flexibility and long-term potential. Inside, the end-unit location adds to the appeal, while two lanais provide additional spaces to enjoy Hawaiʻi’s indoor-outdoor lifestyle. Kona Makai offers fantastic resort-style amenities, including a spectacular oceanfront pool and spa, BBQ and gathering areas, tennis and pickleball courts, beautifully maintained tropical grounds, and ample open parking Located just minutes from downtown Kailua-Kona’s restaurants, shopping, beaches, and ocean activities, 5-207 combines location, convenience, rental potential, and the rare opportunity to purchase the fee interest. Leasehold today with the fee available for purchase an exciting opportunity to make Kona Makai your own!

Property Details

Price: $245,900
Sold Price:
Address: 75-6026 ALII DR, #5207, KAILUA KONA, HI 96740
Ownership: CPR
Status: Active
Category: Residential
Type: End Unit, Even Number Unit

Total Bedrooms: 1
Total Bathrooms: 1
Full Baths: 1
Living Area: 690 Square Feet

Listed by: Knutson & Associates
Year Built: 1979
Levels:

Features and Amenities

Interior Features: High Ceilings
Exterior Features:
View: Coastline, Garden, Mountain(s), Ocean
Pool: Yes
Pool Features: Outdoor Pool, Pool/Spa Combo

Appliances: Dishwasher, Microwave, Microwave Hood, Range, Refrigerator
Fireplace Features:
Flooring: Ceramic Tile
Security: Gated Community
Laundry:
Garage Spaces:
Carport Spaces:
Parking Features: Unassigned
Additional Structures:
Home Warranty:

Community Information

Project Name: KONA MAKAI
Subdivision Name: KAHULUI 1ST & 2ND
Association Fee: $1,097 Monthly
Stories:
Year Established:
Lava Zone: 4
Flood Zone: AE, VE, X

Land Information

Lot Size: Square Feet
Waterfront: Yes
Land Lease Rent: $292
Lease Type:
Land Tenure: Leasehold
Lot Features:
Frontage Type: Almost Oceanfront
Roads: County
Roads Frontage Type: Road/Street
Zoning: V-1.25
Horse Amenities:

Additional Details

Assessed Tax Value: $223,200
Annual Tax: $2,611
Tax Year: 2026
Tax Lot:
Tax Block:

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

First Listed August 21, 2026, 7:06 am
Last Updated August 21, 2026, 7:08 am
Listing Conditions: Leasehold, Standard
Property Condition:
Financial Info Available:

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