Nestled within an exclusive oceanfront community, this beautifully appointed one-bedroom, two-bathroom condo offers an incredible blend of comfort, charm, and investment potential. Boasting a highly successful vacation rental history, this fully furnished retreat is ready for its next owner—whether you're seeking a turnkey income-generating property or a private island getaway. From the moment you step inside, you’ll be captivated by the inviting coastal ambiance, inspired by a charming beach cottage aesthetic. Thoughtfully designed for relaxation and functionality, the open-concept living space is enhanced by split air conditioning, ensuring comfort. A modern Murphy bed in the living room provides additional sleeping space without compromising style. Large sliding doors invite in refreshing ocean breezes and lead out to an expansive lanai, where you can take in picturesque views of the He’eia Bay — perfect spot to sip your morning coffee in the warmth of the morning sun or unwind after a day of island adventures. The spacious bedroom serves as a tranquil retreat, complemented by a private lanai, ample storage and an ensuite bath. A second full bathroom adds extra convenience for guests. The fully equipped kitchen with brand new quartz countertops blends style and practicality. Kanaloa at Kona is celebrated as Kailua-Kona’s finest condo property, set on 16 park-like acres of meticulously maintained grounds. Its small, charming buildings evoke the essence of a Hawaiian village and are surrounded by the Pacific Ocean, He’eia Bay, and the lush Kona Country Club golf course. This tranquil retreat is just moments from Keauhou Bay, Kahaluu Beach Park, Magic Sands Beach Park, and the dining and shopping options at Keauhou Shopping Center. Resort-style amenities include: -Three swimming pools with Jacuzzis -Two lighted tennis/pickleball courts -Outdoor gas BBQ grills Your dream island retreat is waiting for you!
For sale
$895,000
78-261 Manukai St APT 3403, Kailua Kona, HI 96740
1beds
1,104sqft
Est.:
Single Family Residence
Built in 1980
-- sqft lot
$879,500 Zestimate®
$811/sqft
$1,406/mo HOA
What's special
Exclusive oceanfront communitySmall charming buildingsModern murphy bedBrand new quartz countertopsFully furnished retreatInviting coastal ambianceOpen-concept living space
- 22 days
- on Zillow |
- 430 |
- 39 |
Zillow last checked: 7 hours ago
Listing updated: 7 hours ago
Listed by:
Karine Wedemeyer 8087850240,
Aloha Sotheby's International Realty Inc.
Source: Hawaii Information Service,MLS#: 719061

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 2
Cooling
- Air Conditioning, Zoned
Appliances
- Included: Disposal, Dishwasher, Microwave, Refrigerator, Range/Oven, Dryer, Washer
Features
- Flooring: Carpet
- Windows: Curtains
- Has fireplace: No
Interior area
- Total structure area: 1,104
- Total interior livable area: 1,104 sqft
Property
Parking
- Parking features: Assigned, Detached
- Has garage: Yes
Features
- Pool features: Outdoor Pool, In Ground
- Has view: Yes
- View description: Bay, Ocean
- Has water view: Yes
- Water view: Bay,Ocean
Details
- Parcel number: 3780200280149
- Zoning: RM-.75
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Single Family Residence
Condition
- Year built: 1980
Details
- Builder model: Kanaloa At Kona
Utilities & green energy
- Water: County
- Utilities for property: Sewer-Connected, Cable Available, Cell, Underground Utilities
Community & HOA
Community
- Security: Gated Community
- Subdivision: Keauhou Subdivision
HOA
- Has HOA: Yes
- HOA fee: $1,406 monthly
Location
- Region: Kailua Kona
Financial & listing details
- Price per square foot: $811/sqft
- Tax assessed value: $770,300
- Annual tax amount: $9,012
- Price range: $895K - $895K
- Date on market: 3/6/2025
- Listing terms: 1031 Exchange,Cash,Construction Loan
- Ownership: CPR,
- Electric utility on property: Yes
- Road surface type: Paved
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