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$140,000
1 Beds 1 Baths 732427 MLS ['Leasehold'] Tenure Kona Kai BLDG.
This is a leasehold property. Own one of the area's most sought-after vacation rentals! This beautifully maintained top-floor condominium has been a consistently successful Airbnb property, generating an average of approximately $55,000 in annual gross rental revenue over the past five years. With an established rental history, outstanding guest reviews, and reservations already on the books through 2027, this is a rare opportunity to step into a proven, income-producing property from day one. Located on the top floor of a two-story building, the condominium enjoys peaceful privacy along with relaxing ocean and pool views from the lanai. Guests love the bright, open feel and the elevated vantage point that captures Kona's beautiful sunsets and tropical atmosphere. The location is one of the property's greatest assets. Situated in the heart of Kona, visitors can easily walk or take a short drive to beaches, restaurants, shopping, and local attractions. This highly desirable central location has been a major contributor to the property's exceptional occupancy and repeat guest business. The sale includes one assigned parking space, adding convenience for both owners and guests. Please note: This is a leasehold property and because of leasehold financing limitations a cash purchase is required. Whether you're looking to expand your vacation rental portfolio or own a tropical getaway with a proven income stream, this turnkey investment offers an exceptional combination of location, performance, and lifestyle.

74-5618 Palani Rd Unit A4, KAILUA KONA

Listing courtesy of Hawaii Real Estate Group LLC.

$115,000
1 Beds 1 Baths 732315 MLS ['Leasehold'] Tenure Kona Kai BLDG.
This is a leasehold property. A rare chance to own near the Kailua-Kona pier. This freshly updated one-bedroom leasehold condo at Kona Kai sits close to Alii Drive, downtown restaurants, and KTA Super Store, at a fraction of the cost of nearby fee-simple condos. Second-floor unit in one of Kailua-Kona's most central locations, just 0.3 miles from the pier and Alii Drive, so swimming, shopping, and strolling are right outside your door. This unit has an open lanai (although owners can screen in lanais) and an ultra prime parking spot right outside the door. Recently updated with new laminate flooring, fresh paint throughout, new bathroom vanity and shower surround, and new kitchen appliances — including a gas range which is a rare treat when it comes to condo living. Land lease through 2034, this is a cash-only purchase, not financeable. CV-10 zoning and HOA rules both allow short-term vacation rental use (STVR/TAR permit not yet obtained, to be secured separately by buyer), offering ultimate flexibly to cover carrying costs when not in use. Whether you're looking for a home base or a place to get away, this condo puts your Kona dream within reach. Kona Kai amenities: large community pool with expansive pool deck, BBQ area, on-site coin laundry, outdoor shower for rinsing off.

74-5618 Palani Rd Unit L2, KAILUA KONA

Listing courtesy of Knutson & Associates.

$195,000
1 Baths 732139 MLS ['Leasehold'] Tenure Kona Islander Inn BLDG.
This is a leasehold property. Welcome to this Top floor, End unit Studio which has been renovated and is offered fully furnished. The historic Kona Islander Inn has wonderful amenities, inviting lush tropical gardens and is centrally situated within Kailua-Kona village - a peaceful retreat with the convenience of being in the heart of town. - Enjoy this island-style condo as your own Hawaii getaway and as an investment property as well. The property is an existing vacation rental with solid rental history and future reservations which are assumable by Buyer. - Offered completely furnished with all that you'll need including a Queen bed plus sofa-sleeper, indoor and outdoor seating, TV, refrigerator / freezer, microwave, coffee-maker & more - Enjoy the covered outdoor lanai with garden views, ocean breeze - Air conditioning for warmer Hawaii climate plus tropical ceiling fan - Amenities include centrally located in-ground pool, spa, barbecue, charming open-air lobby with lounge and veranda, complimentary parking pass, lush mature landscaping and coin-operated laundry facility - Located adjacent to Alii Drive, Kona Islander Inn is just a short stroll to all that Kailua-Kona has to offer: ocean activities, historical sites, restaurants, shopping & farmer's market, personal services, churches and Kailua Public Library. - Monthly condo fees include all utilities: electricity, TV cable/internet, water, sewer, trash, maintenance of the grounds, pool, spa, barbecue, recycling.

75-5776 Kuakini Highway Unit 334, KAILUA KONA

Listing courtesy of NextHome Paradise Realty.

$199,000
1 Baths 731827 MLS ['Leasehold'] Tenure Kona Islander Inn BLDG.
This is a leasehold property. Incredible opportunity to own a turnkey, active short-term vacation rental in the heart of Kailua-Kona. Located on the third floor of the Oahu building at the Kona Islander Inn, suite #339 is a 372 sqft studio offering peaceful Plumeria garden views from its private lanai. Priced to sell, this unit features an established STVR track record with a 3-night minimum stay. Proven seasonal rates include a $140/night base rate. Step right into an operational investment asset or use it as your private tropical escape. The complex sits directly across the street from the ocean and is just steps from the historic dining, shopping, and entertainment along Alii Drive. Resort-style amenities include an in-ground pool, spa/hot tub, two BBQ grill areas, community laundry, and helpful onsite staff. The comprehensive $1,075/month maintenance fee completely streamlines your expenses by covering electricity, high-speed internet, cable TV, water, sewer, trash, and common area maintenance. This leasehold property is open to Cash or 1031 Exchange buyers, with furnishings negotiable. Pack your suitcase and take over this prime piece of Kona today. The information herein may contain inaccuracies and is provided without warranty of any kind. Agents and buyers must independently verify any info they deem material or important to their purchase or any offered price thereunder.

75-5776 Kuakini Hwy Unit 339, KAILUA KONA

Listing courtesy of eXp 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.

$340,000
1 Beds 1 Baths 731956 MLS ['Leasehold'] Tenure Kona Makai BLDG.
This is a leasehold property. Incredibly special and rare offering at Kona Makai — this top-floor unit with a spacious loft is STVR-CERTIFIED and an extremely successful vacation rental with a history of strong, consistent guest reviews. This is a proven income-producing property, not a hypothetical opportunity. One of the most valuable features is the installed split air-conditioning system, a very rare and highly sought-after upgrade in Kona Makai that dramatically enhances guest comfort and rental demand. The large loft functions as a true second sleeping area, allowing the unit to comfortably sleep up to six guests, maximizing flexibility and rentability. Beautifully decorated and exceptionally spacious, the unit enjoys ocean views from both the main lanai and the loft, creating an elevated island experience that guests consistently rave about. Kona Makai is a beautifully maintained, highly desirable oceanfront community located on iconic Alii Drive. Resort-style amenities include lush tropical landscaping, an oceanfront pool and spa, sunny lounging areas, two fitness rooms, gas BBQ and dining areas, tennis courts, ping-pong, ample parking, and nighttime gated security. Monthly maintenance fees include water, landscaping, resident manager, trash service, pool maintenance, cable TV, and high-speed internet (500+ Mbps) — a significant value add for both owners and guests. This is a turn-key, STVR-approved, high-performing vacation rental in one of Kona’s most sought-after oceanfront complexes — a rare opportunity that checks every box for lifestyle, income, and long-term value

75-6026 Alii Dr Unit 5305, KAILUA KONA

Listing courtesy of Knutson & Associates.

$110,000
1 Beds 1 Baths 731641 MLS ['Leasehold'] Tenure Alii Villas BLDG.
This is a leasehold property. Own Your Piece of Paradise at Oceanfront Aliʻi Villas! Unit #112, is a beautifully furnished 1-bedroom, 1-bath condominium in the highly desirable oceanfront Aliʻi Villas community. Located on the south side of the complex near the pool, this garden-view unit offers a tranquil island setting surrounded by lush tropical landscaping. The living, dining, and kitchen area flows out to a ground floor lanai - perfect for morning coffee, yoga, or additional storage. Being sold fully furnished, this move-in-ready condo features a full-size washer and dryer too. Aliʻi Villas is one of the few oceanfront communities in Kailua-Kona that allows short-term vacation rentals, making this an excellent opportunity for buyers seeking a future investment property, second home, or full-time residence. Community amenities include a solar-heated saltwater pool, oceanfront BBQ area, sunset viewing deck, library, and community gathering areas. Conveniently located just minutes all Kailua-Kona's has to offer, including restaurants, shopping, beaches, farmers markets, and ocean activities. Monthly maintenance fees include water, trash service, basic cable, internet, and exterior/common area maintenance. The current lease ends 2/28/29. The Fee is available for purchase for $450k. Buyers may purchase the fee simultaneously with the condominium purchase, providing the opportunity to get a loan and convert the property to fee simple ownership.

75-6016 Alii Dr Unit 112, KAILUA KONA

Listing courtesy of Hawaii Estates LLC.

$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.

$180,000
2 Beds 1 Baths 730692 MLS ['Leasehold'] Tenure Kona Kai BLDG.
This is a leasehold property. Discover island living in this beautifully updated, turnkey 2-bedroom, 1-bath condominium ideally located in the heart of Kailua-Kona. Enjoy ocean views and an unbeatable location just moments from the iconic Ironman finish line, Kona Pier, local markets, grocery stores, restaurants, shopping, and the sparkling Pacific Ocean. Currently operating as a successful vacation rental, this fully furnished condo presents an excellent opportunity for investors seeking income potential or buyers looking for their own private island getaway. Thoughtfully updated and move-in ready, it offers the perfect blend of comfort, convenience, and the Kona lifestyle. Residents and guests enjoy access to a community pool, and the monthly maintenance fee includes water, sewer, gas, trash service, landscaping, pool maintenance, and quarterly pest control. For added convenience, the property features newly installed coin-operated washers and dryers. Whether you're searching for a Hawaii retreat, a vacation rental investment, or both, this centrally located condo is ready to welcome you. 🌺

74-5618 Palani Rd Unit F7, KAILUA KONA

Listing courtesy of First Island Realty, LLC.

$197,100
1 Baths 731062 MLS ['Leasehold'] Tenure Kona Islander Inn BLDG.
This is a leasehold property. Conventional Financing is now available for qualified buyers—please inquire for details! Seller Financing Also Available! Beautifully remodeled and located on the top floor, Kona Islander Inn Unit 336 offers a unique opportunity to own an affordable slice of paradise in the heart of Kailua-Kona. One of the standout features of this exceptional studio is its thoughtfully designed and beautifully updated kitchen, creating a warm and inviting space rarely found within the complex. The bright and comfortable interior has been tastefully upgraded and features attractive flooring, a remodeled bathroom, air conditioning, and a private covered lanai overlooking the lush tropical grounds with peek-a-boo ocean views. Whether you're looking for a personal island retreat, a second home, or an investment opportunity, this unit provides comfort and convenience in an unbeatable location. Kona Islander Inn is known for its resort-style setting with a swimming pool, spa, barbecue areas, and beautifully landscaped grounds. Situated right in the center of Kailua-Kona, you're just steps away from Alii Drive and within walking distance to restaurants, coffee shops, farmers markets, shopping, beaches, and countless ocean activities. Enjoy island living at its best with this beautifully remodeled top-floor unit in one of Kona's most convenient locations. Leasehold property with financing options now available for qualified buyers—please inquire for details

75-5776 Kona Islander Inn Unit 336, KAILUA KONA

Listing courtesy of Knutson & Associates.

$129,000
1 Beds 1 Baths 730805 MLS ['Leasehold'] Tenure Kona Kai BLDG.
This is a leasehold property. CASH BUYERS ONLY Step into opportunity. Beautifully remodeled 1 bedroom, condo with courtyard views and a desirable Kona location. Currently a Popular and Profitable STVR with 2025 Gross rental income over $55,000. KEY FEATURES: PRIME LOCATION: Situated in the heart of Kailua-Kona, this condo offers unparalleled access to pristine beaches, vibrant nightlife, and shopping/dining options. Guests will delight in the convenience of exploring the area's top attractions within minutes. EXQUISITE REMODEL: Meticulously redesigned with modern elegance. From sleek bamboo floors in the kitchen to designer fixtures, every detail has been carefully chosen to offer an interior space comfort, and function. ACCOMMODATIONS: With a large bedroom, residents can unwind in comfort in the bedroom, which has a large closet and an individual air conditioner. KITCHEN: Fully-equipped kitchen, complete with new appliances, quartz countertops, and ample cabinet space. AMENITIES: A sparkling swimming pool, laundry center, assigned parking, and lush tropical landscaping. Whether seeking a lucrative investment opportunity or a personal retreat, this condo offers the best of both worlds. With a proven track record as a profitable vacation rental, you can maximize your returns while enjoying the flexibility to escape to paradise whenever you desire.

74-5618 Palani Rd Unit M6, KAILUA KONA

Listing courtesy of Hawaii Real Estate Group LLC.

$119,000
1 Beds 1 Baths 729290 MLS ['Leasehold'] Tenure Honalo Plaza BLDG.
This is a leasehold property. This beautifully maintained 1-bedroom, 1-bath condominium offers a private west-facing lanai where you can relax and enjoy colorful sunsets in a peaceful, private setting. Access to this second story unit can be obtained without the use of stairs!! Inside, you’ll find an upgraded kitchen, fresh interior paint, and a comfortable, functional layout that makes the most of the space. The HOA fee includes utilities and lease fees, providing exceptional value and predictable ownership costs. Whether you’re looking for a full-time residence, vacation getaway, or investment property, this condo offers an affordable opportunity to enjoy a low-maintenance lifestyle in a desirable location.

79-7261 Nahenahe Loop Unit 112, KAILUA KONA

Listing courtesy of Hawaii Real Estate Group LLC.

$322,500
1 Beds 1 Baths 730698 MLS ['Leasehold'] Tenure Kona Makai BLDG.
This is a leasehold property. The fee simple interest may be available soon. Kona Makai is a gated complex on the ocean side of Alii Drive, offering many amenities, including the oceanfront pool and spa, barbecue area, tennis courts, on-site parking and more! This air conditioned unit has a balcony that looks out to the ocean and the meticulously manicured landscaping. There is a a spacious loft with spacious closet overlooking the living area that can be used as a second bedroom. The kitchen comes equipped with a new stainless-steel refrigerator, new stove, dishwasher and a washer/dryer. There is a second balcony off the bedroom facing north ... The feeling of Hawaii at its best! This great unit also offers on-site parking and the security of a locked gate at night. Information contained herein is accurate, to the best belief of both the seller and listing brokers. Buyer and buyer's agent are to perform their own due diligence during the inspection period of any purchase contract.

75-6026 Alii Dr Unit 5302, KAILUA KONA

Listing courtesy of Hoku Star Realty.

$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.

$199,000
1 Baths 730577 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 brings a documented booking history to your portfolio on day one, with no guesswork and no waiting to see if the numbers work. They already do. Situated in the heart of Kailua Village, this 372 sqft studio puts guests exactly where they want to be: steps from Ali'i Drive waterfront, 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 with a sparkling pool, hot tub, lush tropical gardens, BBQ grills, and a professional front desk team managing every check-in and check-out, keeping guests comfortable, reviews glowing, and the calendar full. Then there's Unit 337 itself. Perched on the third floor of the Oahu building, the elevated position offers a sense of privacy and quiet that's hard to come by in the heart of Kailua Village. The covered lanai is generous and private, framed by swaying palms and the soft rustle of trade winds through the tropical canopy. Inside, Unit 337 offers something rare among Kona Islander Inn studios: an open, airy floor plan that flows freely between the living area and kitchenette, without the dividing wall found in most units. The result is a space that feels meaningfully larger than its square footage suggests, is easier to move through, is more inviting to come home to, and is noticeably more appealing to guests who've stayed in other units at the property. Warm neutral tones and tile floors set a relaxed island mood. Offered furnished and move-in ready. Monthly maintenance fees cover water, electricity, trash service, basic cable, and high-speed internet.

75-5776 Kuakini Highway Unit 337, KAILUA KONA

Listing courtesy of COMPASS.

$199,000
1 Baths 730580 MLS ['Leasehold'] Tenure Kona Islander Inn BLDG.
This is a leasehold property. This 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 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, 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 328 is a second-floor studio in the Lanai building, where swaying palms and the shimmer of the pool below greet you from your private lanai, one of the most serene settings in the complex. Inside, warm island-inspired interiors strike the perfect balance between comfort and style. The bright, open layout flows seamlessly to the lanai, where lush tropical garden views make it easy to linger over morning coffee or an evening glass of wine. 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 328, 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.

$340,000
1 Beds 1 Baths 729223 MLS ['Leasehold'] Tenure Kona Makai BLDG.
This is a leasehold property. Check out the virtual tour today! Welcome to the lovely oceanfront complex at Kona Makai! This is an adorable one bedroom, one bathroom unit with DOUBLE lanais and an upstairs loft for additional space! Enjoy the lovely ocean breeze when you open your sliding glass doors to your covered back lanai, with peekaboo ocean horizon views. Spacious bedroom with an additional covered lanai; step outside to enjoy your morning coffee or tea, or simply unwind in the evening. Upstairs loft is currently set up as a bedroom / office space, with two additional storage spaces. This unit has not been used as a short term vacation rental, so no additional wear & tear, but can easily be permitted as one if desired! Kona Makai is a wonderful complex with plenty of amenities to enjoy, which include the private pool, "beach" seating area by the ocean, barbecue area and tennis courts. Parking is both covered and uncovered; your unit is located closest to the covered parking! Kona Makai is located just minutes from Historic Kailua Kona Village where you can enjoy oceanside dining, shopping, and all sorts of water activities including relaxing on the beach or outrigger canoe paddling! Go on the famous manta ray dives, Body Glove Tours, UFO Parasailing, and so much more! Don't miss out the chance to see this unit today!

75-6026 Alii Dr Unit 3304, KAILUA KONA

Listing courtesy of COMPASS.

$175,000
1 Baths 729487 MLS ['Leasehold'] Tenure Kona West BLDG.
This is a leasehold property. Enjoy this Furnished and Updated Studio at Kona West #203 - A popular rental area, this unit has been nicely updated with Bamboo Flooring, Lots of Built-In furnishings including Murphy Bed, Kitchenette Cabinets, Full-Length & Designer Mirrors, Mounted TV, Air-Conditioning unit and so much more! Updated with Beautiful Granite Countertops at Kitchenette and Bath, plus a Refrigerator and Induction Cooktop, Tropical style furnishings including a Teak Bar-Style Dining, Laminate Flooring in the Bath area, Privacy awnings and Wardrobe cabinet, and much more! Lanai Views of the Ocean, Seasonal Sunsets, Sunrises over the Hualalai Mountain Slope, and Kona Town activities. Located in a popular Short Term Vacation Rental Resort zoned area, close to town, restaurants, shopping, Kailua Pier, and an exciting Outdoor Active Lifestyle, You and your guests are sure to enjoy this prime location! Maintenance Fees Include: Electricity, Water, Spectrum Cable/Wifi, Trash, Common Area/Building Maintenance including Pool Deck, BBQ Grill, Dining & Lounging Areas, Hot Tub, Landscaping, Coin-Operated Laundry Room, Community Bulletin Board, Mailbox Bank, and more! Open Parking area with One unassigned Parking Permit, Visitor Parking, Car Wash Stall, some Under-Building Stalls, and Video-Monitored areas.

75-5680 Kuakini Hwy Unit 203, KAILUA KONA

Listing courtesy of eXp Realty.

$80,000
1 Beds 1 Baths 728519 MLS ['Leasehold'] Tenure Alii Villas BLDG.
This is a leasehold property. Beautifully maintained 1 bedroom, 1 bath condo in Kailua-Kona's most sought after ocean front community. Meticulously cared for interior and recently remodeled kitchen and bath with new appliances. Open floorplan connects the living area to the kitchen and lanai area which overlooks the pool. Ample storage throughout the unit and the parking space is conveniently located a short distance from the unit. Fully furnished and move in ready. Zoned for STVR but the unit has never been a short term rental. A short distance to downtown Kailua-Kona where you can enjoy shops, restaurants, farmers market and beaches. Alii Villas is located on Alii Drive and it offers a well maintained tropical setting with heated pool, BBQ area, large sunset /ocean view viewing deck at the end of the complex and has direct access to the shoreline. Maintenance fees include, water, basic cable, sewer, garbage collection, internet and exterior/common area maintenance. Pet friendly ( one small dog or cat allowed with board approval) This leasehold property expires in 2029 but the fee is available for purchase as of June 2025for $404,000 with a $4000 monthly increase in price thereafter.

75-6016 Alii Dr Unit 118, KAILUA KONA

Listing courtesy of eXp Realty.

$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.

$845,000
3 Beds 3 Baths 726561 MLS ['Leasehold'] Tenure
This is a leasehold property. TOWN & COUNTRY--HAWAII LIVING AT ITS BEST! Great opportunity with 6.02 Acres conveniently located off Walua Rd with a 3BR, 2.5BA home just minutes from Keauhou shopping, restaurants, golf and harbor. This well manicured property includes numerous trees: 480 coffee, 69 mango, 18 avocado, 22 chico (sapote), 2 breadfruit, 8 soursop, and citrus, and no pesticides have been used in the last 10 years. Lots of income potential! In the center of the property is a 1,260 sq ft metal storage shed with its own gated entrance. The property is FULLY FENCED. The house is located at the top of the property with a gated driveway and boasts fantastic ocean and sunset views! There are 2 Bedrooms with 1 full bath, kitchen and living room on one side separated by a spacious laundry room and entry. On the other side of the laundry room is the 3rd bedroom and the 1 full bath and a half-bath, living room and kitchenette making it great for extended family or possible income. This is a Kamehameha Schools Bishop Estate leasehold property. The lease expires in 2045. COME AND LIVE THE HAWAII DREAM!

78-1100 Kahoolele St, KAILUA KONA

Listing courtesy of Paradise Found 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.

$1,800,000
3 Beds 2 Baths 724777 MLS ['Leasehold'] Tenure
This is a leasehold property. The Vanillerie was opened as a unique tourist attraction in 2016, after some 10 years of detailed and positive onsite research trials. Located on a 5.9 acre farm in the Keahole Agricultural Park just 5 minutes from the Ellison Onizuka Kona International Airport, the farm was previously the site of a major nursery operation producing seedling eucalyptus and sandal wood trees. The infra-structure of the nursery operation is still in place and could be reactivated if desired. The Vanillerie is an impressive and innovative working vanilla farm that occupies a relatively small portion of the total farm area. Included with the vanilla farm is an adjacent well presented gift shop that sells vanilla products along with other agricultural products produced on the island. The Vanillerie is a very popular tourist destination that is consistently ranked high on the list of Big Island attractions by Trip Advisor. Guided and narrated tours of the vanilla shade houses allow tourists to learn about this fascinating and intriguing vining orchid that requires hand pollination and produces a highly sought after spice. The Vanillerie offers an exciting opportunity to own a business with real growth potential. Utilization of the area previously used by the Tree Nursery could allow for a major expansion of the vanilla growing area. Included in the sale are:- *. 3bd/1.5ba manager's residence. *. 4 vanilla shade houses. *. 2 metal clad buildings--retail and storage. *. Nursery seeding building with workshop. *. Luxury safari camp. *. Office/warehouse building *. Nursery equipment--commercial seeder, Kubota tractor & Wallenstein chipper. *. Half acre of producing fruit orchard. *. Irrigation throughout the property. *. State Agricultural Lease: Yearly lease fee is $4,370.00. Lease renewed until 2067. Video of the property: https://player.vimeo.com/video/1138299502

73-4301 Laui St, KAILUA KONA

Listing courtesy of Sue Brown Realty and Associates.

$249,900
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.

$319,000
1 Beds 1 Baths 725079 MLS ['Leasehold'] Tenure Kona Makai BLDG.
This is a leasehold property. Kona Makai is an oceanfront complex that offers you relaxed Kona-style living. There is a large, inviting pool and spa area right on the coast. A private sandy spot to dig your toes in, a BBQ area for grilling, a fitness room, and even a ping pong table in the rec center. The tropical and lush landscaping, the easy breezes, and the sounds of the waves all add to the Hawaiian ambiance and enjoyment of being in Kona. This unit has been upgraded with new flooring and new paint throughout. It's being sold turnkey furnished. The unit is idealy located in Building 2. But it's the ocean views that really capture your attention. Enjoy morning coffee, dining, and pau hana cocktails on your lanai that looks directly at the ocean. This is a very special unit at an affordable price for personal enjoyment or as an investment property. It has an STVR license, which is transferable to the buyer. Kona Makai is a gated community that offers extra security. It's close to Kailua Town, beaches, Kona County Golf Club, movie theaters, restaurants, shopping and more. Enjoy all the pleasure and excitement of living along the famous Gold Coast.

75-6026 Alii Dr Unit 2203, KAILUA KONA

Listing courtesy of Kona Pacific Realty.