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74-5618 PALANI RD F7, Kailua Kona, HI 96740

KONA INDUSTRIAL SUBDIVISION · Hawaii County

Key Facts

2Beds
1Baths
614Sq Ft
1969Year Built

Description

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. 🌺

Property Information

Property Type

Residential

Sub-Type

Condominium

Year Built

1969

Living Area

614 sq ft

Ownership

CPR

Zoning

CV-10

MLS® Listing#

730692

Property Features

Interior

High Speed Internet

Appliances

DishwasherMicrowaveRangeRefrigerator

Flooring

Carpet

Pool

Gunite

Parking

Assigned

Lot Features

Gentle Sloping

Utilities

Cable AvailableElectricity AvailablePhone AvailableSewer Connected

Financial Details

HOA

$754 / Monthly

Annual Taxes

$1,822

Tax year 2025

Assessed Value

$148,300

Parcel Number

3740100360046

Affordability Calculator

$36,000

Estimated monthly payment

$958/mo

Principal $144,000 · Est. interest $200,893 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Kailua Kona, HI

$893,939
Median Listing Price
78
Median Days on Market
1,244
Median Sq Ft
$698
Median Price / Sq Ft
337
Active Listings
  • This home’s price is 80% below the area median.
  • Its price per sq ft is 58% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Kailua Kona, HI.

Location

Map showing the location of 74-5618 PALANI RD F7, Kailua Kona, HI 96740

Points of Interest in Kailua Kona, HI

Showing the Kailua Kona area map.

Nearby Schools

  • Alaka'I Academy

    School · 0.4 mi away

  • Innovations Public Charter School

    Elementary · 1.6 mi away

  • Kealakehe High School

    Secondary · 1.8 mi away

  • Kealakehe Elementary School

    Elementary · 1.9 mi away

  • Kealakehe Intermediate School

    Secondary · 2.0 mi away

  • Hawaii Montessori School

    Elementary · 2.2 mi away

  • Hualalai Academy

    School · 2.4 mi away

  • Makua Lani Christian Academy

    School · 2.4 mi away

  • Kahakai Elementary School

    Elementary · 2.6 mi away

  • Kona Christian Academy

    School · 2.9 mi away

  • Makua Lani Christian School

    Secondary · 3.0 mi away

  • Kuleana Education

    Secondary · 3.3 mi away

  • Holualoa Elementary School

    Elementary · 3.6 mi away

  • Nature School

    School · 4.1 mi away

  • Hawaii Community College Palamanui

    School · 6.8 mi away

  • University of Hawaii

    School · 8.4 mi away

  • Aloha Massage Academy

    School · 9.2 mi away

  • Kona Pacific Public Charter School

    Elementary · 10.0 mi away

  • Konawaena High School

    Secondary · 10.6 mi away

  • Konawaena Middle School

    Secondary · 10.6 mi away

Commute Calculator

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Nearby Homes

Similar Homes Nearby

Similar Home Values

Comparable nearby listings and their asking prices.

AddressPriceBedsBathsSq Ft
74-5618 PALANI RD M6, Kailua-Kona, HI$134,50011535

Moving Cost Estimate

EXIT Agents in Kailua Kona

Listing Courtesy: First Island Realty, LLC - 8082057720

Presented by: Lori McNeel

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by Hawaii. MLS® Listing#730692. © 2026EXIT Realty®. All rights reserved.