SoldMay 7, 2026

Listed and Bought with Soraya Letournel

Source: Hawaii Information Service #720985

123/75-5776 Kuakini Highway, Kailua, HI, 96740

$199,000

1
372 sq. ft.

Condo

30+ days on the market

Sold: May 7, 2026

What's around 123/75-5776 Kuakini Highway

About this property

This is a leasehold property. With over $67,000 gross yearly income, this is a great investment property! Welcome to your tropical escape at the Kona Islander Inn! This charming condo offers a private lanai that opens to beautifully landscaped grounds, inviting you to relax and recharge in a serene setting. Whether you're sipping your morning coffee or unwinding after a day of adventure, this peaceful space is the perfect retreat. This unit is currently an active Short-Term Vacation Rental with a solid history of bookings—an ideal opportunity for those seeking an investment property in the heart of Kailua-Kona. The complex features resort-style amenities including a pool and hot tub, lush tropical gardens, BBQ grills, and a welcoming front desk team to assist with guest check-ins and check-outs. Perfectly situated on vibrant Alii Drive, you're just steps away from beaches, restaurants, shops, and local entertainment. Parking is available on a first-come, first-serve basis, and the on-site laundry room is accessible with a key card. Monthly maintenance fees cover water, electricity, trash service, basic cable, and high-speed internet, helping you keep your costs fixed and budgeting simple. The lease runs through 2079 with a renegotiation date set for 2029. Don’t miss this opportunity to own a slice of paradise in one of Kona’s most popular vacation destinations!

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