Top Floor Condo with Ocean Views in Kailua Bay Resort – Active Vacation Rental with over $95,000 in gross income in 2024!<br><br>Experience island living in this beautifully maintained 2-bedroom, 2-bath condo located on the top floor of Kailua Bay Resort. Enjoy ocean views from the living room and lanai, enhanced by soaring cathedral ceilings and clerestory windows that fill the space with natural light and tropical treetop views.<br><br>The spacious layout features a striking entry with varied ceiling heights, a well-appointed kitchen with abundant cabinet space and a functional pantry, and recent upgrades including luxury vinyl plank flooring, a stainless-steel French door refrigerator, slide-in range, full-size dishwasher, and a Tri-Zone AC—less than 3 years old—for efficient, customizable cooling throughout the unit.<br><br>The first-floor bedroom boasts large windows with serene mountain views and ample closet space. A full bathroom with a tub/shower combo and an in-unit washer/dryer add to the home’s functionality. The open-concept living area flows seamlessly to the lanai—perfect for relaxing or entertaining with panoramic ocean vistas.<br><br>This unit is being sold turnkey furnished and is ready for full-time living, a second home, or as a short-term vacation rental. Kailua Bay Resort allows vacation rentals and offers fantastic amenities including a swimming pool, spa, BBQ area, and convenient gated access to nearby shopping at Kopiko Plaza. One assigned parking space (#24) is included.<br><br>Pet-friendly with allowance for one dog or two cats per association guidelines. Smoking is permitted only in designated areas.<br><br>Conveniently located just minutes from Kailua Pier, beaches, restaurants, and the heart of Historic Kailua Village.
For sale
$675,000
75-5669 Kuakini Hwy #4302, Kailua Kona, HI 96740
2beds
943sqft
Est.:
Condominium
Built in 1982
-- sqft lot
$662,600 Zestimate®
$716/sqft
$782/mo HOA
What's special
Swimming poolOcean viewsPanoramic ocean vistasBbq areaTropical treetop viewsSoaring cathedral ceilingsClerestory windows
- 11 days
- on Zillow |
- 717 |
- 36 |
Zillow last checked: 7 hours ago
Listing updated: May 19, 2025 at 02:14am
Listed by:
Soraya Letournel 8083653528,
COMPASS
Source: Hawaii Information Service,MLS#: 720460
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Appliances
- Included: Dishwasher, Microwave, Range, Range Hood, Refrigerator
Features
- Flooring: Carpet
- Has fireplace: No
Interior area
- Total structure area: 943
- Total interior livable area: 943 sqft
Video & virtual tour
Property
Parking
- Parking features: Assigned
Details
- Parcel number: 3750040210067
- Zoning: V-1.25
- Special conditions: Fee Simple
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Condition
- Year built: 1982
Utilities & green energy
- Utilities for property: Cable Available, Electricity Available, Phone Available, Sewer Connected
Community & HOA
Community
- Subdivision: LANIHAU 1ST - HIENALOLI 1ST
HOA
- Has HOA: Yes
- HOA fee: $782 monthly
Location
- Region: Kailua Kona
Financial & listing details
- Price per square foot: $716/sqft
- Tax assessed value: $501,800
- Annual tax amount: $6,163
- Date on market: 5/13/2025
- Listing terms: 1031 Exchange,Cash,Conventional
- Ownership: CPR
- Electric utility on property: Yes
- Road surface type: Paved
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