$860,000
$855,000
0.6%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
3 Baths
1,608 SqFt
SOLD DATE : 03/11/2025
Key Details
Sold Price $860,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 1,608 sqft
Price per Sqft $534
Subdivision Lanihau 1St - Hienaloli 1St
MLS Listing ID 716153
Sold Date 03/11/25
Bedrooms 3
Full Baths 3
HOA Fees $1,057/mo
HOA Y/N Yes
Year Built 1982
Annual Tax Amount $9,542
Tax Year 2024
Property Sub-Type Condominium
Source Hawaii Information Service
Property Description
PHOTOS coming soon -
Discover a rare gem in the heart of Kailua-Kona! Located just one block from the iconic oceanfront Ali‘i Drive, this exceptional condo offers the ultimate blend of island living and investment potential. Boasting an ocean view, community pool, hot tub, spacious BBQ common areas, and two dedicated parking spaces (one covered), this unit also includes two storage closets in the covered parking area—perfect for your beach and ocean gear.
Once the developer's personal residence, this is the only 3-bedroom, 3-bathroom unit in Kailua Bay Resort. Uniquely versatile, the property can be enjoyed as a single 3-bedroom home or divided into two separate units: a 2-bedroom, 2-bathroom and a 1-bedroom, 1-bathroom, each with private entrances. This dual-use design is ideal for flexible living - maximizing income potential.
A private gate connects directly to a nearby shopping center, offering convenient access to supermarkets, a drug store, bank, post office, and restaurants. Just steps from ocean activities and the vibrant scene of Kailua-Kona, this prime location makes it the perfect choice for an island getaway or an investment opportunity.
This is an active licensed STVR - short term vacation rental - with excellent reviews.
Buyer and Buyer's representatives to conduct all due diligence regarding Hawaii County STVR regulations and requirements.
Location
State HI
County Hawaii Island (big Island)
Community Lanihau 1St - Hienaloli 1St
Area Hi
Building/Complex Name Kailua Bay Resort
Zoning V-1.25
Region North Kona
City Region North Kona
Interior
Cooling HIS Air Conditioning
Flooring Carpet, Ceramic Tile, Vinyl
Appliance Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer/Dryer Stacked
Exterior
Parking Features Assigned, Covered
Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Connected, Underground Utilities, Water Available
View Y/N Yes
Water Access Desc Public
View City, HIS Sunset, Ocean
Garage No
Private Pool Yes
Others
Ownership CPR
Monthly Total Fees $1, 057
Acceptable Financing 1031 Exchange, Cash, Conventional, VA Loan
Listing Terms 1031 Exchange, Cash, Conventional, VA Loan
Special Listing Condition Fee Simple, Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP


"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
grant@betterislandlifestyle.com
68-1330 Mauna Lani Dr, Kamuela, HI, 96743-7752, USA






