75-5855 WALUA RD #12, Kailua Kona, HI 96740
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75-5855 WALUA RD #12, Kailua Kona, HI 96740
75-5855 WALUA RD #12, Kailua Kona, HI 96740
75-5855 WALUA RD #12, Kailua Kona, HI 96740
75-5855 WALUA RD #12, Kailua Kona, HI 96740
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75-5855 WALUA RD #12 Kailua Kona, HI 96740

1 Bed

2 Baths

800 SqFt


UPDATED:

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 800 sqft

Price per Sqft $686

Subdivision Hienaloli 6Th - Puaa 2Nd

MLS Listing ID 728726

Bedrooms 1

Full Baths 1

Half Baths 1

HOA Fees $900/mo

HOA Y/N Yes

Year Built 1972

Annual Tax Amount $5,365

Tax Year 2025

Property Sub-Type Condominium

Source Hawaii Information Service

Property Description

Tucked away in the quiet back corner of the desirable Malia Kai complex, this Kona condo offers a great mix of privacy, modern upgrades, and vacation rental potential with an active STVR permit already in place. With no neighbors above or below and only one shared wall, the unit has a peaceful feel that's hard to find this close to town.

Recent updates throughout the condo include:

Flooring
Paint
Artwork
Ceiling fans
Lighting fixtures
Switches
Baseboards and trim
Updated kitchen cabinetry
Quartz counters
Premium appliances
New bathroom vanities
Shower tile
Toilets and fixtures

High vaulted ceilings on the top floor create an open and airy island feel throughout the space.

The current layout is configured as a one bedroom, but it can easily be converted back to the original two bedroom design, offering flexibility for either full-time living or vacation rental use. Two private lanais add to the indoor-outdoor feel of the space and provide plenty of room to relax outside.

The condo is fully equipped with a washer and dryer located off the private carport, along with ample storage space. The active Short-Term Vacation Rental permit creates immediate rental opportunities for either personal use or investment potential.

Malia Kai is a gated boutique complex with only 20 units, featuring a swimming pool, BBQ area with grills, and lush tropical landscaping.

Located in the heart of Kailua-Kona, this condo offers the convenience of being close to town while still feeling tucked away and private. Ocean access nearby and much of town within walking distance make it easy to enjoy the Kona lifestyle full time or as a vacation rental.

Location

State HI

County Hawaii Island (big Island)

Community Hienaloli 6Th - Puaa 2Nd

Area Hi

Building/Complex Name Malia Kai

Zoning RM-1

Region North Kona

City Region North Kona

Interior

Hot Water Electric

Flooring Carpet

Appliance Dishwasher, Disposal, Electric Cooktop, Microwave, Microwave Hood, Oven, Refrigerator, Washer/Dryer Stacked

Exterior

Parking Features Assigned, Attached, Covered

Pool Gunite, In Ground, Outdoor Pool

Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Connected

View Y/N No

Garage No

Private Pool Yes

Building

Unit Features End Unit,Even Number Unit,No Unit Above or Below

Others

Ownership CPR

Monthly Total Fees $900

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition Fee Simple, Standard


Hawaii Information Service (HIS)
Listed by Go Luxe Realty
NEARBY SCHOOLS & PROPERTIES
Chloe Marino

Chloe Marino

Agent | License ID: RS-82751

+1(808) 745-5255

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75-5855 WALUA RD #12