Between $200,000 - $300,000 KAILUA KONA HI Real Estate, Homes, Condos for Sale

1 Baths ⋅ 732948 MLS ⋅ ['Leasehold'] Tenure ⋅ Kona Islander Inn BLDG.

This is a leasehold property. Long-term lease expiring in 2079! Fully renovated & Fully furnished Active STVR in Prime Kailua-Kona Location! This beautifully updated studio at Kona Islander Inn offers an exceptional opportunity to own an affordable Hawaiian getaway with established short-term vacation rental potential. Located in a designated Vacation Zone across the street from the shoreline, dining, shopping, and popular Kona attractions, this third-floor condo is ideally positioned for both personal enjoyment and investment use. The thoughtfully renovated interior features modern tropical finishes, comfortable furnishings, and a welcoming resort-inspired atmosphere. Enjoy your private lanai overlooking the lush grounds and pool area—an ideal spot for morning coffee or winding down after a day of island adventures. Kona Islander Inn offers a relaxed vacation setting with a swimming pool, jacuzzi, BBQ areas, and onsite laundry. The convenient location puts you close to ocean activities, restaurants, entertainment, and everything downtown Kailua-Kona has to offer. As a leasehold property, this studio provides an opportunity to enter the Kona market at a potentially lower price point while enjoying the benefits of a vacation-oriented location. Whether you're looking for a personal island retreat, a potential income-producing STVR, or a combination of both, this turnkey studio is worth a look. HOA fee includes water, internet, trash, TV and electricity!

75-5776 Kona Islander Inn Unit 305, KAILUA KONA

Listing courtesy of KW Big Island.

$299,000

1 Beds ⋅ 1 Baths ⋅ 732936 MLS ⋅ ['Fee Simple'] Tenure ⋅ Kailua Village BLDG.

Wake up to the feel of Kona around you in this 1 bedroom, 1 bathroom condominium at Kailua Village. The property is currently operating as a short term vacation rental and is being offered turnkey, providing a ready to continue setup for a buyer interested in the existing short term rental operation. Full financials are available upon request. The 639 square foot home brings ocean, horizon, and sunset views into the everyday experience, creating a natural backdrop for morning coffee, relaxed afternoons, and evenings watching the light change across the water. Set along Kuakini Highway in North Kona, the property puts you close to the character and activity of Kailua Kona while giving you a comfortable place to return to. The multi story unit offers air conditioning, a kitchen with an island, assigned parking, and access to a shared in ground pool. A keyed elevator and key entry add convenience, while coin operated laundry is available for residents. Pets are allowed. Life here is about enjoying Kona at an easy pace. Spend time outdoors, take in the ocean horizon, and make the most of the warm Hawaiʻi Island setting. Come home after a day out and cool down in the shared pool, settle into the air conditioned interior, or simply pause to enjoy the changing colors over the horizon. Built in 1972, Kailua Village is a fee simple condominium with municipal water, sewer connected service, and underground power. The property is not a condominium hotel. Cable is available for television, telephone, and internet service. Offered at $325,000, this condominium brings together ocean views, everyday convenience, and a location in Kailua Kona. The building is currently undergoing a plumbing overhaul, with full details available on request. Buyers should review the condominium documents, CC&Rs, and project information as part of their due diligence.

75-5766 Kuakini Highway Unit 609, KAILUA KONA

Listing courtesy of Aloha Sotheby's Intl Realty - Hawai'i.

$245,900

1 Beds ⋅ 1 Baths ⋅ 732776 MLS ⋅ ['Leasehold'] Tenure ⋅ Kona Makai BLDG.

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!

75-6026 Alii Dr Unit 5207, KAILUA KONA

Listing courtesy of Knutson & Associates.

$289,000

1 Beds ⋅ 1 Baths ⋅ 731917 MLS ⋅ ['Fee Simple'] Tenure ⋅ Kona Driftwood Townhouse BLDG.

Kona Driftwood #205 is a one-bedroom, one-bath condo with an ocean-view covered lanai and a convenient location near downtown Kailua-Kona. The freshly painted interior features tile flooring throughout, a gas range, a stacked washer and dryer, and wall A/C. This second-floor walk-up has no unit above and no stairs within the condo. Assigned parking stall #205 is included. The monthly HOA fee includes water, gas, trash service, landscaping, and parking lot maintenance. Leave the car at home and walk to downtown Kailua-Kona, Aliʻi Drive, Kailua Pier, the waterfront, restaurants, shops, and local events. This central Kailua-Kona location provides convenient access to daily necessities.

75-176 Alakai St Unit 205, KAILUA KONA

Listing courtesy of NextHome Paradise Realty.

$280,000

1 Baths ⋅ 731984 MLS ⋅ ['Leasehold'] Tenure ⋅ Kona Islander Inn BLDG.

This is a leasehold property. Enjoy the convenience of in-town living at the Kona Islander Inn. This turnkey, leasehold studio is currently operating as a successful short-term vacation rental and features a private lanai overlooking the pool area, and beautifully maintained tropical landscaping. The unit offers a blend of modern and island-style furnishings, air conditioning, blackout drapes, a kitchenette, and everything needed for a comfortable island getaway. Resort amenities include a pool, hot tub, BBQ area, parking lot, trash service, and on-site laundry. Ideally located along Ali‘i Drive, the Kona Islander Inn is just a short walk to the ocean, Kailua-Kona town, restaurants, shops, and popular attractions. Monthly HOA fees include leasehold rent, water, electricity, basic cable, trash, and high-speed internet. Lease runs through 2079 with renegotiation scheduled for 2029. Buyers utilizing lending are welcome to submit offers.

75-5776 Kona Islander Inn Unit 201, KAILUA KONA

Listing courtesy of eXp Realty.

$229,000

1 Baths ⋅ 730813 MLS ⋅ ['Leasehold'] Tenure ⋅ Kona Islander Inn BLDG.

This is a leasehold property. Rarely available View Unit in Kona Islander Inn. Enjoy the beautiful Ocean Horizon Views from this Upper Floor Corner Unit!!! Situated in the highly sought after Maui Building, tucked away from traffic and road noise this 3rd floor corner unit is a tranquil escape while still being in the heart of the action in Kailua Kona with easy access to Alii Drive Beaches & Restaurants. This artistically decorated retreat boasts an updated kitchenette, new sliding door, new AC unit and pride of ownership through out. Whether you're looking for a relaxing vacation or a remote working experience, this is the ultimate destination to create your piece of Hawaiian Paradise. Unit #322 is a highly successful Short Term Vacation Rental, and comes turnkey with everything you need to continue this revenue generating investment. Monthly HOA Fees Include: Water / Electric / Trash / Cable / Internet / Resident Manager in addition to the maintenance of the grounds and pool & spa and BBQ area

75-5776 Kuakini Hwy Unit 322, KAILUA KONA

Listing courtesy of Coldwell Banker Island Properties - Kona.

$297,000

1 Beds ⋅ 1 Baths ⋅ 731278 MLS ⋅ ['Fee Simple'] Tenure ⋅ Kona Plaza BLDG.

Welcome to your perfect Kona getaway at Kona Plaza! This updated third-floor retreat offers the ultimate island lifestyle, located just across the street from the ocean and moments away from the sandy beaches, vibrant shops, and popular restaurants of Kailua-Kona. Step inside to find a space that’s been thoughtfully refreshed, featuring an updated kitchen and bath, a brand-new electrical panel, and the convenience of in-unit laundry. The split-zone A/C keeps things cool after a day in the sun, though you’ll likely spend most of your time on the screened-in lanai. It’s a peaceful spot to enjoy the breeze and a unique view of the nearby historic church. Whether you’re looking for a full-time residence or a savvy investment, this furnished unit delivers. It boasts a solid vacation rental history, and the complex allows for short-term rentals. Bringing a furry friend? Pets are welcome here with board approval. Included in the monthly maintenance fee- Water, sewer, trash removal, pest control, an on-site manager, basic cable, solar electricity, and grounds maintenance. The building amenities make every day feel like a vacation. Take advantage of the refreshing pool, two sundecks with BBQ areas for sunset grilling, and the ease of two elevators. Plus, you’ll have peace of mind with underground parking and a dedicated storage locker for your surfboards and gear. This is easy Kona living at its best!

75-5719 Alii Dr Unit 315, KAILUA KONA

Listing courtesy of COMPASS.

$249,000

1 Baths ⋅ 730578 MLS ⋅ ['Leasehold'] Tenure ⋅ Kona Islander Inn BLDG.

This is a leasehold property. Already performing and ready for its next owner. This active Short-Term Vacation Rental at the Kona Islander Inn carries a documented booking history into your portfolio on day one. Situated in the heart of Kailua Village, this 372 sqft studio puts guests exactly where they want to be: steps from the waterfront energy of Ali'i Drive, walkable to some of the best dining and boutique shopping on the Big Island, and moments from manta ray night dives, Kona Pier, and the kind of sunset happy hours that make people extend their trips. No car needed. Resort-style amenities, pool, hot tub, lush tropical gardens with winding pathways, BBQ grills, and a professional front desk team managing every check-in and check-out. Then there's Unit 349 itself. Perched on the third floor of the Niihau building, the closest building to the ocean at Kona Islander Inn, this is one of the most coveted positions in the entire complex, and the views prove it. Step onto your private lanai and take in the Pacific stretching to the horizon on one side and the vibrant pulse of Ali'i Drive below on the other. It's the kind of view that stops guests mid-sentence and keeps them booking year after year. Inside, bright and airy interiors with cool-toned walls and tile floors create a clean, calming retreat. Offered furnished and move-in ready. For the investor who wants proof before purchase. For the dreamer who's finally ready to make it real. With ocean views, Alii Drive at your feet, and a booking history already in place, Unit 349 is the one guests remember. Monthly maintenance fees cover water, electricity, trash service, basic cable, and high-speed internet.

75-5776 Kuakini Highway Unit 349, KAILUA KONA

Listing courtesy of COMPASS.

$249,000

1 Baths ⋅ 730579 MLS ⋅ ['Leasehold'] Tenure ⋅ Kona Islander Inn BLDG.

This is a leasehold property. This nearly oceanfront active Short-Term Vacation Rental at the Kona Islander Inn has a documented booking history and steps into your portfolio on day one. Perfectly positioned in the heart of Kailua Village, this 372 sqft studio delivers the authentic Kona lifestyle in one of the most walkable locations on the Big Island. Guests wake up steps from the Pacific and walk to everything: waterfront dining, boutique shops, manta ray night dives, and the iconic energy of Alii Drive. No car needed. Resort-style amenities, a sparkling pool, a hot tub, lush tropical gardens, BBQ grills, and a front desk team that handles guest check-ins and check-outs, keeping reviews strong and guests coming back. Whether you're building a portfolio or searching for your own piece of paradise, this turnkey opportunity checks every box. Unit 144 sits in the coveted Kauai building, ground floor, nearly oceanfront, with the sound of the Pacific greeting you before you've opened your eyes. Step onto your private lanai and take in the ocean views with your morning coffee. Waterfront dining, boutique shopping, beaches, and the energy of Kailua Village are all at your feet. Kona Pier is just a stroll away, perfect for sunset happy hours, fishing charters, and everything in between. Whether this becomes your highest-performing asset or your personal island escape, Unit 144 delivers both without compromise. Offered furnished and move-in ready. Monthly maintenance fees cover water, electricity, trash service, basic cable, and high-speed internet.

75-5776 Kona Islander Inn Unit 144, KAILUA KONA

Listing courtesy of COMPASS.

$299,999

1 Beds ⋅ 1 Baths ⋅ 728353 MLS ⋅ ['Fee Simple'] Tenure ⋅ Kailua Village BLDG.

Welcome to Kailua Village 307, a third-floor furnished condo in the heart of Kailua-Kona. The unit offers partial ocean views and a living area that opens to a private lanai. Highlights: -Third-floor location with secure elevator and stair access -Granite kitchen countertops and wood cabinetry -Sliding shoji doors for flexible layout -May be used as a permanent home or long-term rental; short-term rentals are permitted in the complex Kailua Village Amenities: -Swimming pool -BBQ area -Coin-operated laundry on-site -Secure elevator and staircase -Assigned parking Some staging items shown in photos; these and any tenant items are not included in the sale.

75-5766 Kuakini Highway Unit 307, KAILUA KONA

Listing courtesy of Coldwell Banker Island Properties - Kamuela.

$217,500

1 Baths ⋅ 728601 MLS ⋅ ['Leasehold'] Tenure ⋅ Kona Islander Inn BLDG.

This is a leasehold property. Retro Vibes & Modern Comfort: Your Kona Escape Awaits Step back in time without sacrificing a single modern luxury. This fully renovated gem captures the soul of "Old Hawaiiana," blending nostalgic island charm with the sleek, high-end finishes today’s traveler expects. Whether you’re here to chase sunsets or crush a business meeting, this is the ultimate home base in the heart of Kailua-Kona. The Space: Where Heritage Meets High-End Every inch of this retreat has been thoughtfully redesigned to evoke the golden era of the islands. Think tropical textures, rich woods, and curated decor that tells a story—all while enjoying the crisp, quiet chill of a brand-new split AC system. Island-Inspired Design: A seamless blend of vintage aesthetic and contemporary comfort. The Lanai: Your private front-row seat to paradise. Sip your morning Kona coffee while overlooking the sparkling resort-style pool and bubbling hot tub. Location: The Heart of the Action Forget the long commutes. Located in the vibrant center of Kailua-Kona, you are mere minutes away from: Alii Drive: Famous for its oceanfront dining, local boutiques, and historical sites. Beaches & Mantas: Quick access to the island’s best snorkeling spots and white sand beaches. Business Ready: Fast Wi-Fi and a central location make it a breeze for those visiting for work. This isn't just a place to stay; it's a curated Hawaiian experience. From the vintage charm to the ice-cold AC, we’ve thought of everything so you don’t have to.

75-5776 Kona Islander Inn Unit 230, KAILUA KONA

Listing courtesy of eXp Realty.

$260,000

1 Baths ⋅ 727227 MLS ⋅ ['Leasehold'] Tenure ⋅ Kona Islander Inn BLDG.

This is a leasehold property. This furnished, air‑conditioned studio provides everything you need with a king bed, TV, mini‑fridge with freezer, microwave, coffee maker, and essential kitchenware. Enjoy resort‑style amenities, including a refreshing pool, hot tub, BBQ grills, and a convenient coin‑operated laundry facility right onsite. Monthly Maintenance Dues include electricity, water, sewer, trash, basic cable, internet, and exterior maintenance. The information herein, while deemed accurate, may contain inaccuracies and is provided without warranty or guaranty of any kind. Agents and Buyers must independently verify any information they deem material or important to their purchase or any offered price thereunder. Square footage should be confirmed by an appraisal report.

75-5776 Kuakini Hwy Unit 327, KAILUA KONA

Listing courtesy of Real Broker.

$225,000

1 Baths ⋅ 726412 MLS ⋅ ['Leasehold'] Tenure ⋅ Kona Islander Inn BLDG.

This is a leasehold property. Renovated and well appointed studio at the historic Kona Islander Inn, surrounded by lush tropical grounds and located in the heart of Kailua-Kona. This charming unit is both an ideal personal getaway and a proven vacation rental with strong history and future bookings. The studio features island-inspired décor, a queen bed plus sofa, indoor/outdoor seating, TV, refrigerator/freezer, microwave, coffee maker, A/C, and a ceiling fan. Enjoy relaxing garden views and ocean breezes from the covered lanai. Community amenities include a central pool and spa, barbecue area, open-air lobby and lounge, mature landscaping, coin-operated laundry, and a complimentary parking pass. Steps from Alii Drive, you’re within walking distance of beaches, dining, shopping, and historic sites. Monthly dues include all utilities—electricity, cable/internet, water, sewer, trash, and common-area maintenance. Unit to be sold furnished, minus the wall art.

75-5776 Kuakini Hwy Unit 217, KAILUA KONA

Listing courtesy of eXp Realty.

$220,000

1 Baths ⋅ 726388 MLS ⋅ ['Leasehold'] Tenure ⋅ Kona Islander Inn BLDG.

This is a leasehold property. Welcome to 75-5776 Kuakini Hwy #341, a beautifully remodeled turn-key studio perfectly positioned in the heart of downtown Kailua-Kona. Offering convenience, comfort, and excellent flexibility, this unit is ideal as a full-time residence, second home, or vacation rental when you’re not on island. Enjoy immediate access to Kona’s best dining, shopping, beaches, and entertainment just steps from your door. The location alone adds tremendous value—providing the convenience of urban amenities paired with the relaxed island lifestyle that makes Kona so desirable. Inside, the studio features a smart, efficient layout with modern finishes and a clean, contemporary feel. The recent remodel enhances both style and functionality, making it a great fit for a single professional, couple, or investor seeking a low-maintenance property. The private lanai overlooks lush tropical landscaping and is a peaceful place to relax. Just a short walk brings you to the ocean and nearby beach access—an excellent vantage point for watching the world-famous Ironman competition, spotting whales and dolphins offshore, or simply enjoying Kona’s vibrant coastal atmosphere. Proximity to parks, ocean activities, and outdoor recreation further boosts rental appeal. Experience effortless Hawaiian living in this remodeled, fully furnished studio—a perfect gateway to the Kona lifestyle.

75-5776 Kuakini Hwy Unit 341, KAILUA KONA

Listing courtesy of Coldwell Banker Island Properties - Kona.

$299,000

725806 MLS ⋅ ['Fee Simple'] Tenure

Rare opportunity to acquire a shovel-ready infill lot in the highly desirable Kona Beach Section, next to Aliʻi Drive. This property has permits in progress for a well-designed 2-bedroom main residence plus a detached studio with separate entrance, allowing a buyer to move directly into construction without navigating the full entitlement process The approved design efficiently utilizes the lot and supports flexible living arrangements, including owner-occupancy with a separate guest unit or rental potential. A key advantage of this property is that utility easements are already in place for both water and sewer, providing a potential pathway to connect to existing infrastructure. This offers an alternative to on-site wastewater systems, subject to buyer verification and connection requirements. The lot is relatively level and situated within an established neighborhood, with close proximity to beaches, dining, and Kailua Village amenities.

76-6190 Mania Ln, KAILUA KONA

Listing courtesy of Corcoran Pacific Properties.

$219,900

1 Baths ⋅ 725059 MLS ⋅ ['Leasehold'] Tenure ⋅ Kona Islander Inn BLDG.

This is a leasehold property. Experience the magic of Old Hawaii in this beautifully remodeled studio condo at the Kona Islander Inn, located in the heart of historic downtown Kailua-Kona.This stylish, fully updated studio blends modern comfort with classic island charm. Relax in your completely furnished cozy tropical retreat, complete with kitchenette, and a private lanai perfect for morning coffee or evening relaxation. Just across the street, you’ll find the sparkling blue waters of the Pacific along famous Alii Drive. Swimming, snorkeling, or simply soaking up the views are all nearby. The complex itself exudes a vintage Hawaiian feel, surrounded by lush gardens, a sparkling pool, and swaying palms. Walk right out your door to explore the best of Kailua-Kona! You’re within minutes of oceanfront restaurants, boutique shopping, local markets, live music, and endless activities—from snorkeling cruises to coffee farm tours. Highlights: • Completely remodeled studio with modern finishes • Located in historic downtown Kailua-Kona • Across the street from the ocean • Lush tropical grounds with pool, spa & BBQ area • Walk to shops, dining, and entertainment • Classic “Old Hawaii” charm with all the comforts of home Whether you’re seeking a peaceful getaway or an adventure-filled stay, this Kona Islander Inn studio is your perfect home base on the Big Island!

75-5776 Kuakini Highway Unit 234, KAILUA KONA

Listing courtesy of Hawaii Coast Realty, LLC.

$205,000

1 Beds ⋅ 1 Baths ⋅ 724031 MLS ⋅ ['Leasehold'] Tenure ⋅ Kona Makai BLDG.

This is a leasehold property. FEE AVAILABLE FOR PURCHASE!! SEE ATTACHED LETTER FROM AOAO! THE FEE AND UNIT ARE FINANCEABLE! Welcome to Kona Makai 2-102, a beautifully maintained ground-floor condo in one of Kailua-Kona’s most sought-after oceanfront communities. This turn-key unit has been well-loved by both owners and guests alike, offering the perfect balance of comfort, convenience, and Hawaiian charm. The interior is thoughtfully cared for, with tasteful finishes and furnishings that create a welcoming retreat. The owners have taken exceptional care to keep this unit in top condition, ensuring it is always ready to enjoy or share with vacation guests. As a successful Short-Term Vacation Rental (STVR), this condo already has a proven history of guest satisfaction, making it an ideal opportunity for those seeking both a personal getaway and an income-producing investment. Step outside your lanai and enjoy the lush tropical grounds of Kona Makai, featuring a sparkling oceanfront pool, spa, BBQ area, fitness room, and tennis courts—all just minutes from downtown Kona’s shops, dining, and beaches. Whether you’re looking for a primary residence, vacation home, or income property, Kona Makai 2-102 is an excellent choice. ✨ Highlights: • Ground floor location for easy access • Beautifully maintained and move-in ready • Resort-style amenities in an oceanfront complex The Kona Makai complex is a beautifully maintained & highly sought after Ocean Front Complex located on famous Alii Drive, This wonderful complex features and includes beautifully manicured tropical grounds, ocean front pool and spa, sunny lounge area, two work out rooms, eating area w/ gas BBQ’s, tennis courts, ping pong table, ample parking, and is gated during the night for security. Maintenance Fees include: Water, Landscaping, Resident Manager, Trash, Pool Service, Cable TV, & Internet! (500+mbps)

75-6026 Alii Dr Unit 2102, KAILUA KONA

Listing courtesy of Knutson & Associates.

$215,000

1 Baths ⋅ 717596 MLS ⋅ ['Leasehold'] Tenure ⋅ Kona West BLDG.

This is a leasehold property. Lease rent $267 month. Taxes $200 year with Homeowner exemption. One of the best locations in complex. Great rental- airbanb $200 night STVR legal. Granite in kitchen, walk in shower. Owner occupied. Ocean view air cond, electric, trash, insurance, water included in HOA

75-5680 Kuakini Highway Unit 309, KAILUA KONA

Listing courtesy of Kohala Coast Properties.

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Between $200K - $300K KAILUA KONA Real Estate