75-5855 WALUA RD Unit 12
KAILUA-KONA, HI 96740
- 1 bed
- 1.5 baths
- 800 sqft
- $686 per sqft
- 1972 build
This fully renovated, turnkey condo in Kona offers modern design, privacy, and exceptional rental potential with an active vacation rental permit. Nestled in the quiet back corner of the desirable Malia Kai complex, this stunning unit has no neighbors above or below, and only one shared wall. Upgraded Interior: The extensive renovation featured upgraded flooring, paint, artwork, ceiling fans, lighting fixtures, switches, baseboards and trim for a polished, modern aesthetic. The kitchen was remodeled with updated cabinetry, quartz counters, and premium appliances. Both bathrooms were updated with contemporary finishes, such as new vanities, shower tile, toilets and fixtures. High vaulted ceilings on the top floor enhance the open, airy island feel. Flexible Layout: The current 1-bedroom layout can easily be converted back to its original 2-bedroom design with Shoji doors or curtains, offering versatile options as a rental space or full-time occupancy. Two private lanais provide an ideal spot to relax and enjoy the tranquil surroundings, whether sipping morning Kona coffee or enjoying sunset mai tais. The condo is fully equipped with washer and dryer, conveniently located off the private carport, along with ample storage space. Investment Potential: This unit has an active Short-Term Vacation Rental (STVR) Permit, offering immediate rental opportunities. Exclusive Community: Malia Kai is a well-maintained boutique complex of only 20 units, creating an intimate and exclusive atmosphere. The gated property features a swimming pool, BBQ area with grills, and lush landscaping for residents and guests to enjoy. Prime Location: Situated across from the Royal Kona Resort and just moments from Kailua-Kona's shops, restaurants and waterfront activities, this condo offers the perfect mix of privacy and convenience. Association dues cover basic cable, water, sewer, trash and exterior maintenance, ensuring a hassle-free ownership experience.
Last checked:
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Last updated Mar 15, 2025
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MLS# 718808 —
The Building
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Building Units:12
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Unit Description:End Unit, No Unit Above or Below
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Min Year Built:1972
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Max Year Built:1972
Interior
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Floors:Carpet
Room Dimensions
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Interior (Total)/Living Area:800 Sqft
Financial & Terms
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Land Tenure:Fee Simple
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Assessed Value:$429,000
Location
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Latitude:19.6315968
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Longitude:-155.98816036
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Lava Zone:4
The Property
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Zoning:RM-1
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Oceanfront:N
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Roads:Paved
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Form:Condo
Listing Agent
- Contact info:
- Office phone:
- (808) 725-2794
Taxes
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Taxes:$5,019.30
Beds
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Bedrooms:1
Baths
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Baths:1.01
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Full Baths:1
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Half Baths:1
The Listing
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Tour:
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Tours:1
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Distressed Property:Standard Sale
Utilities
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Water:County
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Power:Overhead
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Sewer:Sewer-Connected
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Solid Waste Disposal (Trash):Included with Maintenance Fees
Appliances
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Washer & Dryer:Dryer, Washer
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Appliances:Disposal, Dishwasher, Microwave Hood, Refrigerator, Range/Oven
Schools
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School District:North Kona
The Community
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Subdivision:HIENALOLI 6TH - PUAA 2ND
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Project:Malia Kai
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Pool:No
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Monthly Fees:$900
Parking
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Vehicle Storage/Parking:Assigned, Covered
Monthly cost estimate
Asking price
$549,000
| 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. |
$2,939
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| Taxes | $418 |
| Insurance | $150 |
| HOA fees | $900 |
| Utilities | $238 See report |
| Total | $4,645/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 |
|---|---|---|---|---|
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3/14/25
Mar 14, 2025
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Listed / Active | HISMLS | $549,000 | 42.6% (15.6% / YR) |
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6/20/22
Jun 20, 2022
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HISMLS | $385,000 | ||
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5/28/22
May 28, 2022
|
HISMLS |
