Kona Plaza Penthouse: Luxury 3-Bedroom, 2-Bath Condo in the Heart of Kona Successful Vacation rental on track to do $140k in 2024 Turn-key self managed Welcome to your dream Hawaiian getaway or full-time paradise! This spacious, single-level penthouse at Kona Plaza offers 3 bedrooms, 2 baths, and unparalleled convenience in one of Kailua-Kona's most sought-after locations. Whether you're looking for a vacation rental with excellent income potential or a beautiful permanent residence, this condo has it all. Prime Location & Easy Access: Just steps away from Ali'i Drive and the Historic Kailua-Kona Village, you’ll be surrounded by beaches, oceanfront dining, shopping, and historical landmarks. Enjoy quick access to sandy shores, live music venues, and incredible dining options. Exclusive Features & Upgrades: Keyed Elevator Access: Enjoy the luxury of private elevator access directly to your unit, plus a gated underground parking space for convenience and security. Full-Width Double Lanai: Breathtaking views await! The expansive lanai allows for both sunrise views to the east and sweeping ocean vistas to the west—perfect for sunset watching. Modern Upgrades: Updated kitchen with granite countertops, full-size front-load washer and dryer, LED lighting, and energy-saving reverse osmosis system. New AC System installed in 2023 Resort-Style Amenities: Community Rooftop Gathering Space: Perfect for BBQs, sunset views, or enjoying the evening breeze. For morning coffee, take a stroll to the rooftop to watch Kailua-Kona come alive with the sunrise. Large Pool: Relax and unwind in the spacious pool area, ideal after a day at the beach or for casual lounging. Ideal for Investors or Owners: This unit is an established and popular vacation rental, with future bookings available for transfer to the new owner.
For sale
$899,000
75-5719 Alii Dr APT 409, Kailua Kona, HI 96740
3beds
1,199sqft
Est.:
Single Family Residence
Built in 1973
-- sqft lot
$883,200 Zestimate®
$750/sqft
$2,333/mo HOA
What's special
Large poolSpacious single-level penthouseModern upgradesCommunity rooftop gathering spaceBreathtaking viewsFull-width double lanaiKeyed elevator access
- 33 days
- on Zillow |
- 738 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: April 16, 2025 at 03:45pm
Listed by:
Cole Schlack 8087400555,
KW Big Island
Source: Hawaii Information Service,MLS#: 719491

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Cooling
- Central Air, Air Conditioning
Appliances
- Included: Microwave, Refrigerator, Range/Oven, Dryer, Washer
Features
- Elevator
- Flooring: Carpet, Ceramic Tile
- Windows: Drapes, Shutters
- Has fireplace: No
- Common walls with other units/homes: High Floor Unit,No One Above
Interior area
- Total structure area: 1,199
- Total interior livable area: 1,199 sqft
Property
Parking
- Parking features: Assigned
Features
- Levels: One
- Entry location: High Floor Unit
- Exterior features: Barbecue
- Pool features: Gunite, In Ground
- Has view: Yes
- View description: City, Mountain(s), Ocean, Sunrise
- Has water view: Yes
- Water view: Ocean
Lot
- Features: Trash Chute, Rim Lot
- Topography: Level
Details
- Parcel number: 3750070170071
- Zoning: V-.75
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Materials
- Concrete
Condition
- Year built: 1973
Details
- Builder model: Kona Plaza
Utilities & green energy
- Water: County
- Utilities for property: Sewer-Connected, Satellite, Cable Available, Cable, Other
Green energy
- Energy generation: Solar
Community & HOA
Community
- Features: Recreation Area
- Security: Keyed Elevator, Parking, Carbon Monoxide Detector(s)
- Subdivision: Honuaula 1st - Keopu 2nd
HOA
- Has HOA: Yes
- HOA fee: $2,333 monthly
Location
- Region: Kailua Kona
Financial & listing details
- Price per square foot: $750/sqft
- Tax assessed value: $340,400
- Annual tax amount: $5,405
- Price range: $989K - $899K
- Date on market: 3/19/2025
- Listing terms: 1031 Exchange,Cash
- Ownership: CPR,
- Road surface type: Paved
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