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78-261 Manukai St #201, 
Kailua-Kona, HI 96740

$685,000

2

Beds

2

Baths

1,321

Sq Ft

Single Family

Active

Listed by

Arllen Z K Matsuda

Hawaii'S Homegrown Realty LLC.

808-494-8122

Last updated:

March 12, 2026, 11:35 AM

MLS#

728320

Source:

HI HIS

About This Home

78-261 Manukai St #201

Welcome to Kanaloa at Kona #201, a light-filled island retreat where natural sunshine pours through expansive windows, creating a bright and airy atmosphere throughout. This desirable corner residence captures beautiful Kona light all day, enhancing the open layout and coastal finishes while inviting the outdoors in. The interior feels uplifting and spacious, with seamless indoor-outdoor flow that embodies relaxed island living. Beyond the unit itself, Kanaloa at Kona is one of Keauhou’s most sought-after oceanfront communities. Residents and guests enjoy: • Lush, meticulously maintained tropical landscaping • Three swimming pools, including an oceanfront pool overlooking the Pacific • Two lighted tennis/pickleball courts • Gated entry for privacy and security • Expansive greenbelts and walking paths along dramatic lava rock coastline • Close proximity to Keauhou Bay, snorkeling, golf, dining, and shopping Whether you’re enjoying morning coffee surrounded by tropical greenery or sunset views along the oceanfront lawns, the grounds create a true resort atmosphere. Proven Income Performance Kanaloa 201 is also a high-performing vacation rental with strong forward bookings: • $52,374.66 secured future 2026 gross revenue • $236.13 Average Daily Rate (ADR) • 68% Occupancy Rate • RevPAR: $161.03 • Substantial Q1–Q2 bookings in place Limited upcoming availability reinforces the desirability and demand for this unit, offering immediate income continuity for a new owner. Whether you are seeking a full-time residence, second home, or investment property with established performance, Kanaloa 201 delivers brightness, lifestyle, and revenue in one exceptional offering.

Home Facts

Single Family

2 Baths

2 Bedrooms

Built in 1980

Price Summary

685,000

$518 per Sq. Ft.

MLS #:

728320

Last Updated:

March 12, 2026, 11:35 AM

Added:

15 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

1,321 Sq. Ft.

Structure

Structure

Building Area:

1,321 Sq. Ft.

Year Built:

1980

Finances & Disclosures

Finances

Price:

$685,000

Price per Sq. Ft:

$518 per Sq. Ft.

Source:HI HIS
Listing information © 2021 MLS Hawaii, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants or the MLS from liability.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.