75-5782 KUAKINI HIGHWAY 512, Kailua-Kona, HI 96740
HIENALOLI 1ST - HIENALOLI 6TH · Hawaii County
Key Facts
Description
Kona Aliʻi, Unit 512 presents a rare and highly sought-after ownership opportunity in the heart of downtown Kailua-Kona. This exceptional end unit, seldom available in this size and configuration, offers a unique two-level, loft-style layout that sets it apart from the majority of units in the complex. Successfully operated as a Short-Term Vacation Rental (STVR), the property provides outstanding flexibility as an income-producing investment, primary residence, or part-time island retreat. Spanning two interior levels, the residence features an open and airy floor plan with soaring ceilings, abundant natural light, and a sense of space rarely found in Kona Aliʻi. The end-unit location enhances privacy and light, while the ocean view from the lanai creates the perfect backdrop for morning coffee or evening relaxation with Kona’s signature trade winds. The condo is thoughtfully equipped with split air conditioning, ensuring comfort throughout both levels. The functional, well-appointed open kitchen offers ample cabinetry and seamlessly connects to the living and dining areas—ideal for entertaining or relaxed everyday living. The lofted upper level adds architectural character and versatility, providing additional living, sleeping, or workspace options. Location truly defines this property. Kona Aliʻi is perfectly positioned just steps from Aliʻi Drive, the Kailua Pier, ocean activities, dining, shopping, and local entertainment—allowing owners and guests alike to enjoy a fully walkable, car-optional lifestyle. The complex is well maintained and offers a secure environment in one of Kona’s most vibrant settings. Elevator Access Secured as well. Whether you are seeking a proven STVR performer, a downtown primary residence, or a rare, spacious condo with unique character, Unit 512 stands out as one of the most distinctive offerings in Kona Aliʻi—a true blend of location, lifestyle, and long-term value.
Property Information
Property Type
Residential
Sub-Type
Condominium
Year Built
1972
Living Area
1,070 sq ft
Ownership
CPR
Zoning
V-.75
MLS® Listing#
729873
Property Features
Appliances
Cooling
Heating
Flooring
Pool
Parking
Lot Features
Utilities
Financial Details
HOA
$2,225 / Monthly
Annual Taxes
$7,986
Tax year 2025
Assessed Value
$650,200
Parcel Number
3750080010048
Affordability Calculator
$159,000
Estimated monthly payment
$4,231/mo
Principal $636,000 · Est. interest $887,277 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Kailua-Kona, HI
- $900,000
- Median Listing Price
- 79
- Median Days on Market
- 1,244
- Median Sq Ft
- $698
- Median Price / Sq Ft
- 331
- Active Listings
- This home’s price is 12% below the area median.
- Its price per sq ft is 6% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Kailua-Kona, HI.
Location
Points of Interest in Kailua-Kona, HI
Showing the Kailua-Kona area map.
Nearby Schools
Innovations Public Charter School
Elementary · 1.0 mi away
Alaka'I Academy
School · 1.1 mi away
Kahakai Elementary School
Elementary · 1.9 mi away
Kealakehe Elementary School
Elementary · 2.3 mi away
Kealakehe Intermediate School
Secondary · 2.4 mi away
Kealakehe High School
Secondary · 2.4 mi away
Hawaii Montessori School
Elementary · 2.7 mi away
Hualalai Academy
School · 2.9 mi away
Makua Lani Christian Academy
School · 2.9 mi away
Holualoa Elementary School
Elementary · 3.0 mi away
Kona Christian Academy
School · 3.3 mi away
Makua Lani Christian School
Secondary · 3.3 mi away
Kuleana Education
Secondary · 3.6 mi away
Nature School
School · 4.8 mi away
Hawaii Community College Palamanui
School · 7.4 mi away
University of Hawaii
School · 7.7 mi away
Aloha Massage Academy
School · 8.5 mi away
Kona Pacific Public Charter School
Elementary · 9.3 mi away
Konawaena High School
Secondary · 9.9 mi away
Konawaena Middle School
Secondary · 9.9 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 75-6040 ALII DR 504, Kailua-Kona, HI | $559,000 | 2 | 2 | 1,087 |
| 75-6016 ALII DR 309, Kailua Kona, HI | $559,000 | 1 | 1 | 647 |
| 76-6283 ALII DR A305, Kailua Kona, HI | $570,000 | 2 | 2 | 909 |
| 77-301 NOELANI WY 35, Kailua Kona, HI | $575,000 | 3 | 3 | 1,196 |
| 78-7039 KAMEHAMEHA III RD 27, Kailua Kona, HI | $575,000 | 1 | 1 | 743 |
| 75-5782 KUAKINI HIGHWAY 208, Kailua Kona, HI | $585,000 | 1 | 2 | 780 |
Moving Cost Estimate
EXIT Agents in Kailua-Kona
Listing Courtesy: Knutson & Associates - 8089879295
Presented by: Blake C Kessner