Hawaii Living

Colony One #50 (Puna)

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95-789 Ninole Loop Rd #50, Naalehu

Description
Turn-key fully furnished Studio Condo with Kitchenette.

This lovely studio condo is located just a short walk from Punalu'u Black Sand Beach on the Southern Tip of the Big Island. It is located in Vacation Zoning which allows the property to be utilized as a STVR (pending an approved application and permit to be completed by the new buyer). This unit is furnished and has everything needed to be used as a vacation rental. A perfect relaxing getaway! The listing agent is also the Property Manager and can provide some financial information as this unit has done well during the last year even during the pandemic.

Wonderful tropical setting - the grounds are impeccably maintained with Palms, Flowers, Rock walls, Paths and manicured green lawns.

Included are Furniture, Kitchenware, Appliances, and it is ready to move in.

Colony One, Sea Mountain is a very special complex.. the only condo's in all of Kau, and are like an oasis in the Kau desert. Property complex features in-ground swimming pool and a Hot tub that is magic to sit in and watch the waves crashing on the shore. Also, Grills near pool for preparing evening meals.

Seller financing can be available with 25% down at full ask. For 740+fico and a strong balance sheet. Owner will carry $150K at 3.99% amortized over 30 ($715/mo plus Taxes and Insurance) with $50K down, with a 10 year balloon or renegotiation. Larger down payments or shorter amorts could buy down the rate a little bit.
Past Activity
More Details
  • HOA Fees / ft²: $1.11
  • Price / ft²: $469
  • Zoning: RM-2
  • Amenities: Microwave, Range, Refrigerator
  • TMK: 3950190320050
  • Tax Assessed Value: $146,000
  • Courtesy: The Land Office, LLC
  • MLS: 659107
Good to Know
  • Address: 95-788 Ninole Loop Rd, Pahala, HI 96777.
     
  • Built: 1976, 76 Units, Studio - 3 Bedrooms, 15 2-Story Buildings, 5.44 Acres.
     
  • Amenities: Pool, Hot Tub, BBQs.
     
  • Short-term Vacation Renting: Allowed.

As the only condominium complex in Hawaii Island’s rural Kau District, Colony One at Sea Mountain is a tranquil property located just 1,200 feet from the ocean.
It's mere moments from the renowned Punaluu Black Sand Beach, known locally as Turtle Beach for its frequent sea turtle sightings. This scenic spot is a favorite for snorkeli  .....
Read more.


MLS properties and information provided herein is deemed reliable but is not guaranteed by the Hawaii Information Service, Inc. Listing Service. © 2025 Hawaii Information Service. All Rights Reserved. This website is for personal, non-commercial use only. Listings last updated on February 15, 2025.
Other Colony One Listings
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$325,000
Colony One #5
Studio | 1 Ba
426 ft²
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$449,900
Colony One #17
1 Bd | 1 Ba
676 ft²
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$475,000
Colony One #15
2 Bds | 2 Ba
996 ft²
Other Hawaii Condos
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$195,000
Orchid Manor Hilo #312
Studio | 1 Ba
496 ft²
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$192,000
Waiakea Villas #9-2102
Studio | 1 Ba
380 ft²
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$180,000
Puueo Villa #16
2 Bds | 1 Ba
660 ft²
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$259,000
Wainaku Terrace #106
2 Bds | 1.5 Ba
706 ft²
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$200,000
Oahuan Ltd #218
Studio | 1 Ba
400 ft²
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$195,000
Makaha Surfside #C414
Studio | 1 Ba
337 ft²
  • Sold 5/5/22 at $200,000
    (List Price: $199,900)
Description
Turn-key fully furnished Studio Condo with Kitchenette.

This lovely studio condo is located just a short walk from Punalu'u Black Sand Beach on the Southern Tip of the Big Island. It is located in Vacation Zoning which allows the property to be utilized as a STVR (pending an approved application and permit to be completed by the new buyer). This unit is furnished and has everything needed to be used as a vacation rental. A perfect relaxing getaway! The listing agent is also the Property Manager and can provide some financial information as this unit has done well during the last year even during the pandemic.

Wonderful tropical setting - the grounds are impeccably maintained with Palms, Flowers, Rock walls, Paths and manicured green lawns.

Included are Furniture, Kitchenware, Appliances, and it is ready to move in.

Colony One, Sea Mountain is a very special complex.. the only condo's in all of Kau, and are like an oasis in the Kau desert. Property complex features in-ground swimming pool and a Hot tub that is magic to sit in and watch the waves crashing on the shore. Also, Grills near pool for preparing evening meals.

Seller financing can be available with 25% down at full ask. For 740+fico and a strong balance sheet. Owner will carry $150K at 3.99% amortized over 30 ($715/mo plus Taxes and Insurance) with $50K down, with a 10 year balloon or renegotiation. Larger down payments or shorter amorts could buy down the rate a little bit.
    MLS properties and information provided herein is deemed reliable but is not guaranteed by the Hawaii Information Service, Inc. Listing Service. © 2025 Hawaii Information Service. All Rights Reserved. This website is for personal, non-commercial use only. Listings last updated on February 15, 2025.
    • Address: 95-788 Ninole Loop Rd, Pahala, HI 96777.
       
    • Built: 1976, 76 Units, Studio - 3 Bedrooms, 15 2-Story Buildings, 5.44 Acres.
       
    • Amenities: Pool, Hot Tub, BBQs.
       
    • Short-term Vacation Renting: Allowed.

    As the only condominium complex in Hawaii Island’s rural Kau District, Colony One at Sea Mountain is a tranquil property located just 1,200 feet from the ocean.
    It's mere moments from the renowned Punaluu Black Sand Beach, known locally as Turtle Beach for its frequent sea turtle sightings. This scenic spot is a favorite for snorkeli  .....
    Read more.


    Other Colony One Listings
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    $325,000
    Colony One #5
    Studio | 1 Ba
    426 ft²
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    $449,900
    Colony One #17
    1 Bd | 1 Ba
    676 ft²
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    $475,000
    Colony One #15
    2 Bds | 2 Ba
    996 ft²
     
    You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
    Buyer and Seller have reached an agreement and are under contract. The sale may be subject to one or more contingencies.
    We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, we can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
    Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
    We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
    Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
    Other fees could be a special assessment, reserve contributions etc.
    DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
    Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
    Learn about property tax rates.