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Photo 1 of 21: Kona Islander Inn is in a prime location near the ocean, Alii Drive dining and shopping, and Kailua Village attractions.
Kona Islander Inn is in a prime location near the ocean, Alii Drive dining and shopping, and Kailua Village attractions.
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75-5776 KUAKINI HIGHWAY 349, Kailua Kona, HI 96740

Hawaii County

Key Facts

1Baths
372Sq Ft
1969Year Built

Description

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.

Property Information

Property Type

Residential

Sub-Type

Condominium

Year Built

1969

Living Area

372 sq ft

Ownership

CPR

Zoning

V-.75

MLS® Listing#

730578

Property Features

Appliances

MicrowaveRefrigerator

Pool

In GroundPool/Spa Combo

Parking

Unassigned

Laundry

Common Area

Lot Features

Landscaped

Community

Street Lights

Utilities

Cable AvailableElectricity AvailablePhone AvailableSewer Connected

Financial Details

HOA

$837 / Monthly

Annual Taxes

$3,136

Tax year 2025

Assessed Value

$255,300

Parcel Number

3750080030141

Affordability Calculator

$49,800

Estimated monthly payment

$1,325/mo

Principal $199,200 · Est. interest $277,902 over 30 yrs

Location

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Listing Courtesy: COMPASS - 8087659766

Presented by: Stacy A. Spilman

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#730578. © 2026EXIT Realty®. All rights reserved.