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74-5618 Palani Rd #K4, 
Kailua-Kona, HI 96740

$119,500


1

Bed


1

Bath


535

Sq Ft


Condo

Active

Listed by

Kevin Lewis

8089697863

Last updated:

May 2, 2025, 04:12 PM

MLS#

711037

Source:

HI HIS

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About This Home

74-5618 Palani Rd #K4

This is a leasehold property. Prime Location in Kailua Kona! Kona Kai Condominiums offer a highly sought-after central location, just minutes from shopping, the post office, and the bustling downtown pier. This one-bedroom, second-floor unit is located in the heart of Kona Kai and features a partial mountain view from the lanai. The condo has been recently updated with new propane range and refrigerator, freshly painted, and other minor repairs.

The zoning currently permits short-term vacation rentals, making this an ideal opportunity. The current land lease rent is $323 per month. Monthly maintenance fees are $707 (subject to change) covering landscaping, common area upkeep, trash removal, propane for cooking, hot water, and common area insurance.

Kona Kai residents enjoy a community pool, BBQ area with picnic tables, and a coin-operated laundry room equipped with new machines. This property is being sold for cash, as traditional financing is not available. A great value for a centrally located home or vacation rental in the heart of Kona!

?MLS listing details and public records are believed to be accurate, but cannot be guaranteed. Buyers should independently verify any information they consider essential or relevant to their purchase. Association Manager is Associa Hawaii.

Home Facts

Condo

1 Bath

1 Bedroom

Built in 1969

Price Summary

119,500

$223 per Sq. Ft.

MLS #:

711037

Last Updated:

May 2, 2025, 04:12 PM

Added:

a year ago


Rooms & Interior

Bedrooms

Total Bedrooms:

1

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

535 Sq. Ft.


Structure

Structure

Architectural Style:

Walk-Up

Building Area:

535 Sq. Ft.

Year Built:

1969


Finances & Disclosures

Finances

Price:

$119,500

Price per Sq. Ft:

$223 per Sq. Ft.

74-5618 Palani Rd #K4
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

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.