Discover your slice of paradise at Malia Kai, an exclusive 20-unit townhouse-style enclave in the vibrant heart of Kailua-Kona. Malia Kai #20 is a coveted 2-br end unit fully updated with modern elegance and island charm. It has ocean, mountain, and garden views. It is offered mostly furnished and ready for immediate enjoyment. Malia Kai is known for its unique multi-level design, providing excellent space utilization and privacy. The ground-floor entrance has a designated one-car carport, separate laundry and storage room, and direct access to the lush, tropically landscaped common area garden, relaxing pool, and BBQ area. *The unit’s private storage and laundry room can accommodate bicycles, surfboards, and beach essentials. The first floor welcomes you with a one-of-a-kind atmosphere gleaming with refined Hawaii elegance! Most everything has been updated and customized with high-end features and thoughtful design touches. This floor consists of the living room, a convenient guest bathroom, the kitchen, and the dining area with access to one of two lanais. The upper level consists of two bedrooms currently used as a large bedroom suite and living area. This space features high ceilings and is very flexible, offering an array of design configurations (two bedrooms, one large bedroom & living area, bedroom & office, etc.). *The rooms are partitioned by custom sliding curtains for privacy as needed. An additional, second lanai is accessible from the top floor and has fantastic views. FEATURES: - Secured (gated) complex w/ covered parking & swimming pool - Short-term rentals allowed - Ocean Views! - New tropical wood bar counters - New mini bar & fridge - New Samsung refrigerator - New MinkeAire ceiling fans (4) & kitchen fan (1) - New washer/dryer, + new water heater - New track lighting & pendants - Various new furniture - Plus, numerous additional updates!
Accepting backups
Price cut: $49K (3/4)
$595,000
75-5855 Walua Rd APT 20, Kailua Kona, HI 96740
2beds
800sqft
Est.:
Single Family Residence
Built in 1972
-- sqft lot
$589,100 Zestimate®
$744/sqft
$900/mo HOA
What's special
Swimming poolRelaxing poolBbq areaNew water heaterVarious new furnitureNew samsung refrigeratorThoughtful design touches
- 143 days
- on Zillow |
- 156 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: March 12, 2025 at 11:05pm
Listed by:
Penn Henderson 8083456214,
NextHome Paradise Realty
Source: Hawaii Information Service,MLS#: 716308

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Appliances
- Included: Dishwasher, Electric Cooktop, Microwave, Refrigerator, Range/Oven, Wine Cooler, Dryer, Washer
Features
- Vaulted Ceiling(s)
- Flooring: Laminate, Vinyl
- Windows: Blinds, Curtains
- Has fireplace: No
- Common walls with other units/homes: End Unit,No Unit Above or Below
Interior area
- Total structure area: 800
- Total interior livable area: 800 sqft
Video & virtual tour
Property
Parking
- Parking features: Assigned, Covered, Attached
- Has attached garage: Yes
Features
- Levels: Multi-Story
- Exterior features: Garden
- Pool features: Outdoor Pool, In Ground
- Has view: Yes
- View description: Ocean, Mountain(s), Sunrise, Sunset, Garden, City
- Has water view: Yes
- Water view: Ocean
Lot
- Topography: Fairly Level
Details
- Additional structures: Storage
- Parcel number: 3750090090020
- Zoning: RM-1
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Condition
- Year built: 1972
Details
- Builder model: Malia Kai
Utilities & green energy
- Water: County
- Utilities for property: Sewer-Connected, Cable Available, Cell, Overhead
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Hienaloli 6th - Puaa 2nd
HOA
- Has HOA: Yes
- HOA fee: $900 monthly
Location
- Region: Kailua Kona
Financial & listing details
- Price per square foot: $744/sqft
- Tax assessed value: $392,300
- Annual tax amount: $1,536
- Price range: $644K - $595K
- Date on market: 12/4/2024
- Listing terms: 1031 Exchange,Cash,Conventional
- Ownership: CPR,
- Electric utility on property: Yes
- Road surface type: Paved
- Loading