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$755,000
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.

$899,000
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.