74 5618 Palani Rd Unit K4
Kailua-Kona, HI 96740
- 1 bed
- 1 bath
- 535 sqft
- $242 per sqft
- 1969 build
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.<br><br>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.<br><br>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!<br><br>​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.
Last checked:
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Last updated Apr 15, 2025
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MLS# 711037 —
The Building
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Year Built:1969
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Unit Number:K4
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Unit Description:Walk-Up
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Roofed Area Units:Square Feet
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Exterior Area Units:Square Feet
Interior
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Flooring:Carpet
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Living Area:535 Sqft
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Living Area Units:Square Feet
Financial & Terms
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Listing Terms:Cash
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Ownership:CPR
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Land Tenure:Leasehold
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Leasehold Rent:$323
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Leasehold Expires:2034
Location
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Region:North Kona
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Unparsed Address:74-5618 PALANI RD, #K4, KAILUA-KONA, HI 96740
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Longitude:-155.99599075
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Latitude:19.64397454
The Property
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Property Type:Residential
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Property Sub Type:Condominium
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Property Attached:true
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Zoning:CV-10
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Parcel Number:3740100360075
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Roads:County
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Elevation Units:Feet
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Flood Zone:X
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Lava Zone:4
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (808) 895-4956
- Office phone:
- (808) 969-7863
Taxes
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Tax Year:2024
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Tax Annual Amount:$1,504.67
Beds
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Bedrooms Total:1
Baths
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Bathrooms Full:1
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Bathrooms Total:1
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Bathrooms Total:1
Utilities
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Utilities:Cable Available, Electricity Available, Phone Available, Sewer Connected
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Water Heater:Gas
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Internet Access:DSL
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Solid Waste Disposal:Included with Maintenance Fees
Appliances
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Appliances:Dryer, Microwave, Range, Refrigerator, Washer
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Washer Dryer Type:Coin
The Community
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Subdivision Name:Kona Industrial Subdivision
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Association Fee:$707
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Association Fee Frequency:Monthly
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Pool:true
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Pool Features:In Ground
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Pets Allowed:No
Parking
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Parking Features:Assigned
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Garage Area Units:Square Feet
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Carport Area Units:Square Feet
Monthly cost estimate
Asking price
$129,500
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$693
|
| Taxes | $125 |
| Insurance | $35 |
| HOA fees | $707 |
| Utilities | $137 See report |
| Total | $1,697/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/11/25
Apr 11, 2025
|
Listed / Active | HISMLS | $129,500 | 29.5% (16.0% / YR) |
|
6/8/23
Jun 8, 2023
|
HISMLS | $100,000 |
