About 75-5855 Walua Rd 15
Island Charm Meets Vacation Rental Opportunity — Turnkey Malia Kai Townhome
Experience the vibrant heart of Kailua Kona from this beautifully updated townhouse-style condo at Malia Kai — a boutique community where tropical landscaping, a quiet atmosphere, and prime location converge. Approved for short-term vacation rental (STVR) and boasting excellent online reviews, this turnkey-furnished, 1-bedroom, 1.5-bath residence is a rare find. Tranquility just minutes from the action, walkable to Honl’s Beach, Royal Kona Resort Luau, and Kona's oceanfront district
Thoughtfully upgraded for comfort and style, highlights include:
- Premium Vacation Rental Property — Unbeatable location steps to beaches, restaurants, and shops
- Active STVR Permit — Ideal for immediate rental income
- Split Air Conditioning System for year-round comfort
- Tastefully Furnished and ready for move-in or guests
- Preferred Lanai Orientation — Sheltered from the afternoon sun with refreshing breezes
- Peek-a-boo Ocean Views from both lanais
- Upgraded Kitchen featuring newer appliances and all-new flooring
- Designer-Renovated Main Bath
- Upgraded Copper Plumbing in both baths
- Fresh Interior Paint for a crisp, clean feel
- Rare Covered Carport Parking
- Private Laundry and Storage Room with direct access from inside the unit
- Resort-Style Amenities including a sparkling pool and shaded BBQ area
- Low-Density Complex
Savor morning coffee with ocean glimpses, spend lazy afternoons by the pool, and stroll to sunset dinners along Ali'i Drive — all from your island home base.
This is more than a condo — it’s a lifestyle and a rare opportunity to own a slice of paradise.
Features of 75-5855 Walua Rd 15
| MLS® # | 717138 |
|---|---|
| Price | $589,000 |
| Bedrooms | 1 |
| Bathrooms | 2.00 |
| Full Baths | 1 |
| Half Baths | 1 |
| Square Footage | 800 |
| Acres | 0.00 |
| Year Built | 1972 |
| Type | Residential |
| Sub-Type | Condominium |
| Status | Active |
Community Information
| Address | 75-5855 Walua Rd 15 |
|---|---|
| Subdivision | HIENALOLI 6TH - PUAA 2ND |
| City | Kailua-Kona |
| State | HI |
| Zip Code | 96740 |
| Project | Malia Kai |
Amenities
| Parking | Assigned, Covered |
|---|---|
| View | Sunset |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Dishwasher, Microwave, Range, Refrigerator, Washer/Dryer Stacked |
|---|---|
| Heating | Zoned |
| Cooling | Zoned |
Additional Information
| Date Listed | April 30th, 2025 |
|---|---|
| Days on Market | 35 |
| Zoning | RM-1 |
| Foreclosure | No |
| Short Sale | No |
| HOA Fees | 900 |
| HOA Fees Freq. | Monthly |
| Land Tenure | Fee Simple |
| In Use As Short Term Rental | Yes |
Listing Details
| Office | KW Big Island |
|---|