KAILUA KONA Homes under $500,000

KAILUA KONA Homes under $500,000

Welcome to Kailua-Kona, a captivating coastal town nestled on the Big Island of Hawaii. Known for its breathtaking sunsets, pristine beaches, and rich cultural heritage, Kailua-Kona offers an idyllic lifestyle that perfectly blends relaxation and adventure. With its warm, tropical climate and stunning ocean views, this vibrant community attracts residents and visitors alike, making it a perfect place to call home.

For those seeking an affordable slice of paradise, Kailua-Kona boasts a selection of charming homes priced under $500,000. These properties provide an excellent opportunity for first-time homebuyers, retirees, or investors looking to tap into the lucrative rental market. Picture yourself waking up to the gentle sound of waves, enjoying your morning coffee on a sunlit lanai, and exploring the nearby beaches and hiking trails that this beautiful area has to offer.

The homes in this price range often feature open floor plans, spacious backyards, and proximity to local amenities, including shops, restaurants, and farmer's markets. Whether you’re looking for a cozy condo with ocean views or a quaint single-family home surrounded by lush greenery, Kailua-Kona has something to suit every taste and budget.

Moreover, the community is known for its friendly atmosphere and active lifestyle, with opportunities for snorkeling, surfing, and hiking just a stone’s throw away. Embrace the laid-back Hawaiian lifestyle and discover the charm of Kailua-Kona—where your dream home awaits at an affordable price!

Newest KAILUA KONA Homes under $500,000

77-6452 Kona Magic Sands Unit 110, KAILUA KONA
$499,000
1 Baths ⋅ 733895 MLS ⋅ ['Fee Simple'] Tenure ⋅ Kona Magic Sands BLDG.
Experience oceanfront living at the iconic Kona Magic Sands, ideally situated on a 1.1-acre oceanfront parcel along Ali‘i Drive. Perfectly positioned between Pahoehoe Beach Park and renowned White Sands Beach, this highly desirable complex is also home to the popular Magics Beach Grill, offering convenient oceanfront dining on-site. Unit #110 is an easily accessible ground-floor unit showcasing spectacular ocean views. Full-width glass sliding doors open to the soothing sounds of the waves and refreshing ocean breezes, creating a true island atmosphere. The unit features porcelain tile flooring, a remodeled kitchen with cherry wood cabinetry, and comfortable furnishings, including a high-end couch and chaise lounge purchased in 2024, along with a Therma King bed with a memory foam mattress. Offering an appealing combination of personal enjoyment and investment potential, Unit #110 has an active Short-Term Vacation Rental (STVR) license, providing flexibility for its new owner to enjoy the property as an island retreat, vacation rental, or both. Kona Magic Sands amenities include an oceanfront swimming pool, convenient coin- and credit-card-operated laundry facilities and restrooms, and a gated grassy oceanfront area with BBQs and dining tables—the perfect setting for relaxing, grilling, and taking in Kona’s spectacular sunsets. Enjoy an exceptional oceanfront location just moments from the beach and conveniently close to Kailua-Kona’s dining, shopping, recreation, and activities. Monthly fees include basic cable, water, sewer, rubbish removal, landscaping, common-area and pool maintenance, building insurance, and exterior pest control. Whether you’re seeking an oceanfront getaway, a vacation rental opportunity, or the flexibility to enjoy both, Unit #110 offers an exceptional opportunity to experience the Kona lifestyle.

77-6452 Kona Magic Sands Unit 110, KAILUA KONA

Listing courtesy of KW Big Island.

75-5669 Kuakini Highway Unit 2103, KAILUA KONA
$425,000
1 Beds ⋅ 1 Baths ⋅ 733185 MLS ⋅ ['Fee Simple'] Tenure ⋅ Kailua Bay Resort BLDG.
Conveniently located in heart of Kailua Village, this charming 1 bedroom, 1 bath condo has everything you've been looking for! Experience the ultimate convenience with this turnkey, move-in ready unit—just bring your suitcases! Plus, enjoy the added flexibility of renting out the unit short-term whenever you choose. Located just a short stroll from charming restaurants, shopping spots, and the sparkling ocean, Kailua Bay Resort offers the perfect blend of comfort and convenience.

75-5669 Kuakini Highway Unit 2103, KAILUA KONA

Listing courtesy of Coldwell Banker Island Properties - Kona.

75-6026 Alii Dr Unit 4102, KAILUA KONA
$205,000
1 Beds ⋅ 1 Baths ⋅ 733219 MLS ⋅ ['Leasehold'] Tenure ⋅ Kona Makai BLDG.
This is a leasehold property. HOWEVER, IT SHOULD BE NOTED THAT THE FEE IS AVAILABLE FOR PURCHASE. PLEASE SEE ATTACHED LETTER FROM AOAO. FEE AND UNIT ARE FINANCEABLE FOR A QUALIFIED BUYER. Ideally situated in desirable ocean front "Kona Makai" complex, Unit 4-102 is an access friendly, one bedroom one bath ground floor unit that overlooks a luxuriant and meticulously manicured landscape and beyond to a magical view of the ocean. In addition, Unit 4-102 enjoys soothing onshore daytime breezes. Unit 4-102's lanai is ocean facing, which is a rare find in the complex. The unit comes turnkey furnished, air-conditioned with wall mounted units. "Kona Makai" complex offers many benefits and amenities which include:- * Short Term Vacation Rentals (STVR) are allowed at Kona Makai. (Current owner used it as her full time residence.) * A resident manager. * Plenty of parking some of which is covered. * An appealing ocean front pool and spa. + A BBQ area adjacent to the pool. * A dedicated gym. * A covered recreation area with ping pong table. * Two tennis courts . * An entrance that is gated at night for added security. The monthly maintenance fees cover the cost of a resident manager, ground's maintenance , trash removal, water, internet and cable. "Kona Makai" is located in Kona's coveted resort area approximately 1.5 miles south of Kailua-Kona and less than 10 miles from the Kona International Airport. Within close proximity are beaches, golf course, ocean activities, restaurants and shopping. Video: https://player.vimeo.com/video/1224086501

75-6026 Alii Dr Unit 4102, KAILUA KONA

Listing courtesy of Sue Brown Realty and Associates.

73-1536-B Hao Way, KAILUA KONA
$409,900
3 Beds ⋅ 2 Baths ⋅ 733673 MLS ⋅ ['Fee Simple'] Tenure ⋅ Farms At Iwalani BLDG.
Great Location and opportunity, interior condition unknown. No information. "***PROPERTY IS OCCUPIED. No access will be allowed and do not approach the occupants***" No Inspections are available sold as-is. No for sale sign. Please be advised that any offers on this property require a minimum Earnest Money Deposit of 1% of the Purchase Price or $1,000, whichever is greater. This property is now under auction terms. All Bids must be submitted during the auction via the property's listing page at www.servicelinkauction.com. This sale is subject to a 5% or $2,500 minimum buyer's premium pursuant to the auction Terms & Conditions. All bids will be subject to seller approval (minimums may apply).

73-1536-B Hao Way, KAILUA KONA

Listing courtesy of Berkshire Hathaway HomeServices Hawaii Island Properties.

75-6100 Alii Dr Unit B26, KAILUA KONA
$375,000
1 Beds ⋅ 1 Baths ⋅ 732104 MLS ⋅ ['Fee Simple'] Tenure ⋅ Kona Isle BLDG.
Opportunity awaits in this 1BD/1BA condo at Kona Isle. Featuring ocean views from the private lanai, this unit has some original finishes and is ready for your personal updates and design vision. New carpet was just installed. Conveniently located near beaches, shopping, dining, and all that Kailua-Kona has to offer. Kona Isle is a 75-unit, oceanfront complex that is STVR-eligible (subject to county regulations), making it an excellent option for a primary residence, second home or a possible investment property. Reasonable HOA fees include water, sewer, trash, internet, basic cable and exterior maintenance. Bring your creativity and your vision and transform this condo into your own special piece of Kona. Come see the possibilities!

75-6100 Alii Dr Unit B26, KAILUA KONA

Listing courtesy of Hawaii Coast Realty, LLC.

73-1108 Nuuanu Pl Unit I202, KAILUA KONA
$429,000
2 Beds ⋅ 2 Baths ⋅ 733258 MLS ⋅ ['Fee Simple'] Tenure ⋅ Seascape Condominium BLDG.
LOCATION, LOCATION, LOCATION. OCEAN VIEW, MINUTES to Kona International Airport , Natural Energgy and OTEC businesses and BEACHS AND Texaco connivence store known for it's FRESH "ONO" poke. Lots of guest parking and a QUAINT BBQ area. Second floor, so no noise from above. The spacious, open-concept living area flows naturally into the kitchen, creating a welcoming space for everyday living and entertaining. The primary bedroom features an en-suite bathroom, generous closet space, a ceiling fan, and air conditioning. A comfortable guest bedroom and second full bathroom provide privacy for family and visitors. Conveniently located just minutes from Kona International Airport, beautiful beaches, the Natural Energy Laboratory and OTEC-area businesses, and the nearby Texaco convenience store—well known locally for its fresh, “ono” poke. Residents and guests can also enjoy ample guest parking and a quaint community B Enjoy comfortable island living in this inviting two-bedroom, two-bath home with beautiful ocean views and a convenient Kailua-Kona location. The spacious, open-concept living area flows into the kitchen, creating a welcoming space for relaxing and entertaining and there is a split AC unit. The primary bedroom features an en-suite bathroom, generous closet space, a ceiling fan, and air conditioning, while the guest bedroom and second full bathroom offer comfort and privacy for family or visitors. Ideally located just minutes from Kona International Airport, beautiful beaches, shopping, and major convenience stores, this property makes everyday living easy. A BBQ area provides the perfect setting for outdoor dining and enjoying Hawai‘i’s warm tropical climate. Whether you are searching for a full-time residence, island getaway, or investment opportunity, this home offers comfort, convenience, and the relaxed Kona lifestyle.

73-1108 Nuuanu Pl Unit I202, KAILUA KONA

Listing courtesy of Aloha Hawaiian Realty.

75-5766 Kuakini Highway Unit 310, KAILUA KONA
$325,000
1 Beds ⋅ 1 Baths ⋅ 733000 MLS ⋅ ['Fee Simple'] Tenure ⋅ Kailua Village BLDG.
Welcome to Kailua Village Complex, ideally located in the heart of Kailua-Kona. This 1 bedroom 1 bath, 639 square feet condo puts you close to the beach, shops, restaurants and businesses while offering the relaxed Kona lifestyle right outside your door. Step onto your private lanai and enjoy ocean views, beautiful Kona sunsets and passing ships. Start your morning with coffee and the sound of the waves, then come home and unwind as the sun sets over the Pacific. Offered unfurnished, this condo presents a wonderful opportunity for a new owner to update and personalize the space to their own taste. Whether you're looking for an Island home, a Kona getaway or an investment property, Kailua Village allows both short-term and long-term rentals. The complex features keyed elevator access for security, an on site-coin operated laundry, swimming pool, property manager and a BBQ area. Bring your vision and make this centrally located Kailua-Kona condo your own.

75-5766 Kuakini Highway Unit 310, KAILUA KONA

Listing courtesy of eXp Realty.

75-6081 Alii Dr Unit BB104, KAILUA KONA
$498,000
2 Beds ⋅ 2 Baths ⋅ 732102 MLS ⋅ ['Fee Simple'] Tenure ⋅ Alii Lani BLDG.
Welcome to Alii Lani , a popular condominium community conveniently located along Alii Drive! This desirable ground-floor corner unit offers easy access and a large private outdoor lanai, perfect for relaxing and enjoying our island living. The unit has been nicely updated with 2 fully remodeled bathrooms, new laminate wood flooring and tile, a new refrigerator (2022), washer/dryer (2023), and water heater (2021). Offered furnished and turnkey, it is ready for you to move right in or use as a 30+ day rental. One portable floor A/C unit is included. Alii Lani offers excellent resort-style amenities, including two swimming pools with hot tubs, covered BBQ and shaded seating areas, a community room with a library, and an on-site manager. Monthly association fees include water, trash, exterior building maintenance, landscaping, exterior pest control, and building exterior insurance. 30+ day minimum rentals are permitted. Pet policy allows one cat or one small bird. Two deeded parking stalls are included 364/710. Ideally located within walking distance of ocean access and approximately 2 miles from downtown Kailua-Kona, with its many restaurants, shopping, beaches, and activities. Whether you're looking for a full-time residence, island getaway, or investment property, this Alii Lani condo offers convenience with afordable monthly dues.

75-6081 Alii Dr Unit BB104, KAILUA KONA

Listing courtesy of Coldwell Banker Island Properties - Kona.

75-6026 Alii Dr Unit 5106, KAILUA KONA
$455,000
1 Beds ⋅ 1 Baths ⋅ 732923 MLS ⋅ ['Fee Simple'] Tenure ⋅ Kona Makai BLDG.
Turnkey Furnished 1BD STVR — Kona Makai Oceanfront Complex Fabulous opportunity to own this turnkey furnished one‑bedroom STVR condominium at Kona Makai, set along the beautiful shoreline of Kailua‑Kona. This oceanfront complex offers resort‑style amenities, tropical landscaping, and a convenient location close to town. This ground‑floor unit features only a few stairs from parking, tiled flooring throughout, AC units, two lanais, and 8 ft+ ceilings. Kona Makai is known for its solid construction, quiet atmosphere, and excellent maintenance. The unit has been remodeled with a custom kitchen, granite countertops, refrigerator, dishwasher, microwave, range/oven, kitchen island, and a pass‑through window to the lanai. It is well‑stocked for vacation renters. Both lanais are tiled and offer an ocean view through the palms along with a beautiful garden setting. The complex includes a large ocean‑view pool and spa, BBQ area, tennis courts, private exercise room, and ping‑pong tables. The gated property provides covered parking and enhanced security with evening gate closure. Maintenance Fees Include: Water, Landscaping, Resident Manager, Trash, Pool Service, Cable TV & WiFi, Sewer, Exterior Pest Control, and Photovoltaic System with Battery. Currently a leasehold property; Buyer’s purchase will include the Fee Simple interest. Website-Video: https://hawaiian-virtual-tours.aryeo.com/sites/rwndaxlm/unbranded

75-6026 Alii Dr Unit 5106, KAILUA KONA

Listing courtesy of KW Big Island.

75-5776 Kona Islander Inn Unit 305, KAILUA KONA
$220,000
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.

75-6016 Alii Dr Unit 339, KAILUA KONA
$449,000
1 Beds ⋅ 1 Baths ⋅ 732467 MLS ⋅ ['Fee Simple'] Tenure ⋅ Alii Villas BLDG.
Beautiful 1 bedroom 1 bath unit near the ocean in F building. Bright and airy with ocean and lovely Sunset views right from the lanai. Freshly painted with a comfortable layout. Partially furnished. Large walk-in closet in the bedroom and additional owner storage-room on the lanai. Vacation rentals allowed. STVR permit is not in hand but easily obtained. Pet allowed with board approval. Sold partially furnished.

75-6016 Alii Dr Unit 339, KAILUA KONA

Listing courtesy of Lava Luxury Realty.

77-296 Kalani Way Unit 11, KAILUA KONA
$400,000
2 Beds ⋅ 2 Baths ⋅ 733018 MLS ⋅ ['Fee Simple'] Tenure ⋅ Kona Westwind BLDG.
Discover an exceptional opportunity to own a condo in the heart of Kona, ideally located near beaches, shopping, dining, and all the best of island living. This desirable building offers the rare flexibility of vacation rentals, making it a strong choice for both personal enjoyment and investment potential. This short sale presents a unique chance to secure a property in a highly sought-after location at an incredible value. Whether you are looking for a second home, a full-time residence, or a vacation rental investment, this condo offers outstanding versatility and long-term appeal. Set in a great building with excellent amenities and a prime Kona location, this unit is perfectly positioned to take advantage of the island’s strong rental demand and relaxed coastal lifestyle. Don’t miss this rare opportunity to purchase in one of Kona’s most attractive communities.

77-296 Kalani Way Unit 11, KAILUA KONA

Listing courtesy of RE/MAX Honolulu - Kauai.

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