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$770,000
2 Beds ⋅ 2 Baths ⋅ 732132 MLS ⋅ ['Fee Simple'] Tenure ⋅ Kahaluu Reef BLDG.
Turnkey Vacation Rental Opportunity in the Heart of Kona! Welcome to 78-6665 Alii Drive #101, a proven, heavily booked short-term vacation rental just across the street from the Pacific Ocean. This desirable ground-floor condo offers easy access to world-class snorkeling, surfing, paddleboarding, and unforgettable Hawaiian sunsets. Ideally located just minutes from Keauhou Shopping Center, you'll enjoy convenient access to restaurants, shopping, a grocery store, movie theater, farmers market, golf, and more. Kona's beaches, outdoor adventures, and vibrant downtown are all within easy reach. Whether you're looking for a successful income-producing investment or your own island getaway, this turnkey property offers the perfect combination of location, lifestyle, and vacation rental income. Owners grossed $68,492 in 2024 and $83,149 in 2025. As of July 14th, 2026, the unit already brought in $44,970. The STVR permit is transferable to the new owner. Resort-Style Amenities in a low density complex. Enjoy the Kahaluu Reef common area amenities including a pool pavilion with an ocean view of Kahaluu Beach. Watch surfers ride the waves, host barbecues with family and friends or jump in the pool. The HOA fee covers trash, water, cable, exterior maintenance, and pool access

78-6665 Alii Dr Unit 101, KAILUA KONA

Listing courtesy of KW Big Island.

$499,000
2 Beds ⋅ 2 Baths ⋅ 729359 MLS ⋅ ['Fee Simple'] Tenure ⋅ Makolea BLDG.
This successful vacation rental offers a private lanai where you can soak up the serene tropical ambiance. The unit is fully furnished and features 2 bedrooms and 2 bathrooms, with a convenient washer and dryer in-unit. Located on the quiet side of a small, professionally managed complex, it provides a peaceful retreat while still being close to the action. Enjoy access to a community pool and barbecue area, enhancing your relaxation and entertainment options. The condo is just a short distance from the renowned Kahaluu Beach, Keauhou Shopping Center, and various shops, a movie theater, clothing stores, and restaurants. This property combines everything you need for an ideal vacation in Kailua Kona on the Big Island, all at a price that is sure to attract interest. Don’t miss out on this opportunity to own a slice of paradise! Monthly AOAO fees covers building insurance, grounds, pool, exterior, trash, water and internet is discounted.

78-216 Makolea St Unit 21, KAILUA KONA

Listing courtesy of First Island Realty, LLC.

$949,000
3 Beds ⋅ 2 Baths ⋅ 725199 MLS ⋅ ['Fee Simple'] Tenure ⋅ Beach Villas At Kahaluu BLDG.
Kahaluu Beach Villas #303 is an active STVR and a beautifully maintained top-floor 3-bedroom, 2-bath residence. Perfectly positioned across from Kahaluu Beach Park, it offers front-row access to one of Kona’s best snorkeling beaches. Step onto your spacious covered lanai to enjoy ocean and sunset views, and take in the ease of island living just minutes from restaurants, shopping, and surf. This turnkey unit offers approximately 1,200 sq. ft. of interior space with a large ocean-view lanai, central A/C, in-unit washer and dryer, granite countertops, and a detached storage unit. The gated Kahalu'u Beach Villas community features a resort-style infinity pool, spa, BBQ area, and lush tropical landscaping. Fully furnished and ready for immediate use, this property is ideal as a vacation rental, second home, or ocean-view retreat. Showings by appointment only. Please allow advance notice as viewings must be scheduled around guest stays.

78-6721 Alii Dr Unit 303, KAILUA KONA

Listing courtesy of eXp Realty.

$3,950,000
3 Beds ⋅ 4 Baths ⋅ 721460 MLS ⋅ ['Fee Simple'] Tenure
CUSTOM OCEANFRONT LUXURY! REMODELED! ! POOL AND SPA! GATED! SEPARATE GUEST HOUSE! An extraordinary oceanfront residence awaits you, as you enter this stunning oceanfront residence with the feeling of privacy and exclusivity! The main house is a 3 bedroom, 3 bathroom with an over-sized office that could be converted to bedroom if needed. The guest house is a wonderful addition! This oceanfront home captures the spectacular Kahalu'u beach coastline views as well as the captivating ocean just in front of you. During high surf peaks which have never affected this home due to a large reef for protection, famous surfers can been seen being towed out on occasion to enjoy the grand waves in the distance! Custom high ceilings of pure elegance await you in this amazing stunning oceanfront estate residence. The gourmet kitchen just off the pool is big and open, and laid with fine Koa cabinetry and stunning Quartz countertops! Newer fine appliances! The pool and oversized spa where redone in 2022-2023 are captivating and inviting as you lounge looking out to the whales (during whale season) , dolphins frolicking and checking out the fun ocean activity just in front of you! The primary bedroom and bathroom are wonderfully spacious, as well as luxurious and beautifully remodeled with stunning tile features and cabinetry. The other 2 bedrooms are nicely appointed and all the main house bathrooms have been beautifully remodeled! The office area has a fabulous ocean view as well! A Separate guest house is attached to the home. Beautiful granite, a combined living area/bedroom, bathroom, and a spacious lanai and very nice ocean views! Come see this beautifully gated oceanfront dream residence that the creator of the Boogie Board and a famous writer used to own! It truly is a warm and cozy, magical residence! New Septic approved 2015. Fabulous location on famous Ali'i Drive in Kailua-Kona!

78-6600 Alii Dr, KAILUA KONA

Listing courtesy of Premier Island Properties LLC.