This is a leasehold property. The Kona Kai Complex allows for Full-time living, second homes, and short-term vacation rentals. Comparable 2 bedroom units are currently renting for approximately $225 per night short term, $1,950 per month long term unfurnished, and $2,250 long term furnished. All rents are subject to the owner's discretion and Hawaii County does require a permit for short-term rentals. Please confirm any rental prices you may consider with your on-island property manager. Many chose to live here full time as it is central to all Kona has to offer, features a peaceful lanai to enjoy throughout the day, and has a pool and BBQ area to enjoy right on the property if a walk to the beach seems too much effort. This remodeled unit is convenient with just a few stairs to your front door and assigned parking very near your front door. The lanai and main bedroom have pool and distant Blue Pacific Ocean views. Because this is a leasehold property, most sales are cash. Financing would need to be short term of less than 10 years. Leasehold rent is set until 2029. Renegotiation is 2029 with the current lease expiring at the end of 2034. The lease rent is billed semi-annually at $2,340 which is $390 per month and is paid to the Queen Liliuokalani Trust and is separate from the AOAO dues. AOAO dues are billed monthly and include water, hot water, propane for cooking, rubbish removal, landscaping, insurance on the buildings, common area electric and pool mainte
This is a leasehold property. The Kona Kai Complex allows for Full-time living, second homes, and short-term vacation rentals. Comparable 2 bedroom units are currently renting for approximately $225 per night short term, $1,950 per month long term unfurnished, and $2,250 long term furnished. All rents are subject to the owner's discretion and Hawaii County does require a permit for short-term rentals. Please confirm any rental prices you may consider with your on-island property manager. Many chose to live here full time as it is central to all Kona has to offer, features a peaceful lanai to enjoy throughout the day, and has a pool and BBQ area to enjoy right on the property if a walk to the beach seems too much effort. This remodeled unit is convenient with just a few stairs to your front door and assigned parking very near your front door. The lanai and main bedroom have pool and distant Blue Pacific Ocean views. Because this is a leasehold property, most sales are cash. Financing would need to be short term of less than 10 years. Leasehold rent is set until 2029. Renegotiation is 2029 with the current lease expiring at the end of 2034. The lease rent is billed semi-annually at $2,340 which is $390 per month and is paid to the Queen Liliuokalani Trust and is separate from the AOAO dues. AOAO dues are billed monthly and include water, hot water, propane for cooking, rubbish removal, landscaping, insurance on the buildings, common area electric and pool mainte
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. However, the sale is still 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.
