Hawaii Living

Kona Islander Inn #126 (Kona)

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Photo 1 of 75-5776 Kuakini Hwy #126, Kona
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75-5776 Kuakini Hwy #126, Kona

Description
This is a Leasehold Property with a Lease That Doesn't Expire Until 2079, Leaving Many Years for Your Enjoyment! A Great Ground Floor Garden Studio in the Heart of Kailua-Kona at The Kona Islander Inn Complex with Resort-Hotel Zoning! Perfectly Located between Ali'i Drive and Kuakini Hwy.Walk out your door to the Beach just a few hundred feet away. There are numerous Restaurants, Bars and Shops all around. The Kailua Pier is down the street as well with many Activities available including: Parasailing, Jet Skies, Paddle Boarding, Snorkeling, Fishing, Diving and more. Major shopping outlets are minutes away by car and the Airport is only a 15 minute ride.The Historic Mokuaikaua Church which was the first Christian Church Built in Hawaii and The Historic Hulihe'e Palace which was a vacation home for Hawaiian Royalty are just a short walk away. Both built in the early 1800's and awesome to see. Countless Big Island Activities and Adventures await you here on Hawaii Island with over 4,000 Square Miles of Geographic and Cultural Diversity.This Unit is a Perfect Vacation Rental Unit, Primary Residence if looking to downsize or an easy to maintain Island Getaway property for the traveler. It's Offered Turn-Key Furnished! Bring your suitcase and you're ready to go. There is a Comfortable Living Space and Lanai, Kitchenette and a full bath with easy access from your Lanai to the Pool, Hot Tub and Barbecue Area.The Kona Islander Inn Complex is well managed with a Front Desk for Check-in and well maintained with Beautiful Tropical Landscaping and a Grid Tied Solar System. The maintenance fee includes your Water, Sewer, Electricity, Cable, Wi-Fi, Trash Pickup and outside Maintenance. There's a Laundry Facility on the grounds as well.*Seller will Consider Owner Financing at a reasonable rate and term for a well qualified Buyer with Minimum of 33% Down. Seller is Firm on Price.
Past Activity
  • Jun 23, 2021 Sold for $149,999
  • Apr 29, 2021 Under Contract
  • Jun 19, 2020 Listed at $149,999
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $2.18
  • Price / ft²: $403
  • Zoning: V-.75
  • View: Garden
  • Security Features: Security Patrol
  • Amenities: Microwave, Other, Refrigerator
  • TMK: 3750080030056
  • Tax Assessed Value: $118,000
  • Courtesy: Kona Ka'u Realty / 8089376534
  • MLS: 639995
About Kona Islander Inn
  • Address: 75-5776 Kuakini Hwy, Kailua-Kona, HI 96740.
     
  • Built: 1969, 145 Studio & 1BR Units in 7 3-Story Buildings on 2.35 Acres.
     
  • Amenities: Pool, Hot Tub.
     
  • Short-term Vacation Renting: Allowed.
     
  • Developer: Kona Islander Inn Corp.

The Kona Islander Inn is just across the street from Kalaepaakai Beach, with only 50 yards between the condos closest to Alii Dr and the ocean waters.

The studio and one bedroom condos have interiors of 342 to 529 Sq Ft with one covered lanai on the outside. There are only two one bedroom floor


  ... Read more
MLS properties and information provided herein is deemed reliable but is not guaranteed by the Hawaii Information Service, Inc. Listing Service. © 2026 Hawaii Information Service. All Rights Reserved. This website is for personal, non-commercial use only. Listings last updated on January 30, 2026.
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$216,000
Kona Islander Inn #339
Studio | 1 Ba
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  • Sold 6/23/21 at $149,999
    (List Price: $149,999)
Description
This is a Leasehold Property with a Lease That Doesn't Expire Until 2079, Leaving Many Years for Your Enjoyment! A Great Ground Floor Garden Studio in the Heart of Kailua-Kona at The Kona Islander Inn Complex with Resort-Hotel Zoning! Perfectly Located between Ali'i Drive and Kuakini Hwy.Walk out your door to the Beach just a few hundred feet away. There are numerous Restaurants, Bars and Shops all around. The Kailua Pier is down the street as well with many Activities available including: Parasailing, Jet Skies, Paddle Boarding, Snorkeling, Fishing, Diving and more. Major shopping outlets are minutes away by car and the Airport is only a 15 minute ride.The Historic Mokuaikaua Church which was the first Christian Church Built in Hawaii and The Historic Hulihe'e Palace which was a vacation home for Hawaiian Royalty are just a short walk away. Both built in the early 1800's and awesome to see. Countless Big Island Activities and Adventures await you here on Hawaii Island with over 4,000 Square Miles of Geographic and Cultural Diversity.This Unit is a Perfect Vacation Rental Unit, Primary Residence if looking to downsize or an easy to maintain Island Getaway property for the traveler. It's Offered Turn-Key Furnished! Bring your suitcase and you're ready to go. There is a Comfortable Living Space and Lanai, Kitchenette and a full bath with easy access from your Lanai to the Pool, Hot Tub and Barbecue Area.The Kona Islander Inn Complex is well managed with a Front Desk for Check-in and well maintained with Beautiful Tropical Landscaping and a Grid Tied Solar System. The maintenance fee includes your Water, Sewer, Electricity, Cable, Wi-Fi, Trash Pickup and outside Maintenance. There's a Laundry Facility on the grounds as well.*Seller will Consider Owner Financing at a reasonable rate and term for a well qualified Buyer with Minimum of 33% Down. Seller is Firm on Price.
    MLS properties and information provided herein is deemed reliable but is not guaranteed by the Hawaii Information Service, Inc. Listing Service. © 2026 Hawaii Information Service. All Rights Reserved. This website is for personal, non-commercial use only. Listings last updated on January 30, 2026.
    • Jun 23, 2021 Sold for $149,999
    • Apr 29, 2021 Under Contract
    • Jun 19, 2020 Listed at $149,999
    • Address: 75-5776 Kuakini Hwy, Kailua-Kona, HI 96740.
       
    • Built: 1969, 145 Studio & 1BR Units in 7 3-Story Buildings on 2.35 Acres.
       
    • Amenities: Pool, Hot Tub.
       
    • Short-term Vacation Renting: Allowed.
       
    • Developer: Kona Islander Inn Corp.

    The Kona Islander Inn is just across the street from Kalaepaakai Beach, with only 50 yards between the condos closest to Alii Dr and the ocean waters.

    The studio and one bedroom condos have interiors of 342 to 529 Sq Ft with one covered lanai on the outside. There are only two one bedroom floor


      ... Read more
    Other Kona Islander Inn Listings
    Leasehold
    $189,000
    Kona Islander Inn #305
    Studio | 1 Ba
    372 ft²
    Leasehold
    $204,000
    Kona Islander Inn #123
    Studio | 1 Ba
    372 ft²
    Leasehold
    $210,000
    Kona Islander Inn #335
    Studio | 1 Ba
    372 ft²
    Leasehold
    $216,000
    Kona Islander Inn #339
    Studio | 1 Ba
    372 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, our network of agents 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.