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78-261 MANUKAI ST, #3505, KAILUA-KONA, HI 96740

Oceanfront remodeled short term vacation rental at Kanaloa at Kona.

Listing Provided by: Aloha Sotheby's Intl Realty - Hawai'i
MLS #: 732224
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Description

Priced below current assessed value, completely remodeled and thoughtfully updated, this oceanfront two bedroom, two bath condo at Kanaloa at Kona features soaring open beam ceilings, three private lanais, and a spacious floor plan that lives more like a home than a typical condo. Serene ocean views, quality finishes, and an exceptional oceanfront setting combine to create a residence that offers both comfort and the ease of resort living. The updated kitchen features granite countertops, koa cabinetry, and high end appliances, creating an inviting space for everyday living and entertaining. Elegant lighting, luxury flooring, and upgraded bathrooms reflect the thoughtful attention to detail found throughout the home. The main lanai and the private lanai off the primary bedroom showcase peaceful ocean views framed by lush tropical landscaping. Split air conditioning, abundant built in storage, and a generous floor plan enhance everyday comfort. Offered tastefully furnished and fully equipped, this move in ready residence is currently operated as a successful short term vacation rental. Kanaloa at Kona is set on approximately 17 park like acres of meticulously maintained grounds bordered by the Pacific Ocean, Heʻeia Bay, and the lush Kona Country Club golf course. Its charming low rise buildings evoke the character of a traditional Hawaiian village while offering a peaceful setting just moments from Keauhou Bay, Kahaluʻu Beach Park, Magic Sands Beach Park, and the dining and shopping at Keauhou Shopping Center. Community Amenities: • Three swimming pools with Jacuzzis • Lighted tennis and pickleball courts • Outdoor gas barbecue grills • Guest Services Desk • Covered parking with an attached storage closet • Guarded, gated entry Beautifully remodeled, thoughtfully appointed, and ideally located, this oceanfront residence offers an exceptional opportunity to enjoy one of Kona's most sought after resort communities.

Property Details

Price: $999,000
Sold Price:
Address: 78-261 MANUKAI ST, #3505, KAILUA-KONA, HI 96740
Ownership: CPR
Status: Active
Category: Residential
Type: Multi-Story, Walk-Up

Total Bedrooms: 2
Total Bathrooms: 2
Full Baths: 2
Living Area: 1,500 Square Feet

Listed by: Aloha Sotheby's Intl Realty - Hawai'i
Year Built: 1980
Levels:

Features and Amenities

Interior Features: High Ceilings, Vaulted Ceiling(s)
Exterior Features: Tennis Court(s)
View: Bay, Coastline, Mountain(s), Ocean, Ocean Horizon
Pool: Yes
Pool Features: Gunite, In Ground, Outdoor Pool, Pool/Spa Combo

Appliances: Dishwasher, Disposal, Dryer, Microwave Hood, Range, Refrigerator, Washer
Fireplace Features:
Flooring: Carpet, Ceramic Tile
Security: Gated Community, Security Guard
Laundry:
Garage Spaces:
Carport Spaces:
Parking Features: Assigned
Additional Structures:
Home Warranty:

Community Information

Project Name: KANALOA AT KONA
Subdivision Name: KEAUHOU SUBDIVISION
Association Fee: $1,821 Monthly
Stories:
Year Established:
Lava Zone: 4
Flood Zone: VE, X

Land Information

Lot Size: Square Feet
Waterfront: Yes
Land Lease Rent:
Lease Type:
Land Tenure: Fee Simple
Lot Features: Landscaped
Frontage Type:
Roads: Paved, Private
Roads Frontage Type:
Zoning: RM-.75
Horse Amenities:

Additional Details

Assessed Tax Value: $1,041,800
Annual Tax: $12,189
Tax Year: 2026
Tax Lot:
Tax Block:

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

First Listed August 7, 2026, 8:57 am
Last Updated August 7, 2026, 8:57 am
Listing Conditions: Fee Simple, Standard
Property Condition:
Financial Info Available:

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