About 75-5766 Kuakini Highway 503
Prime Investment Opportunity – Ocean View Vacation Rental in Kailua-Kona
Seller offering $15,000 in concessions to help pay down mortgage points, HOA fees, upgrades, etc.
Seize the opportunity to own a high-performing vacation rental in the heart of Kailua-Kona! This turnkey, one-bedroom, one-bathroom condo boasts a top-floor view of Kailua Bay and an impressive 90% occupancy rate, making it a proven income-generating asset.
Meticulously maintained, this unit offers modern comfort with air conditioning and a thoughtfully designed interior that keeps guests returning. The spacious lanai provides views to breathtaking sunsets and the lively energy of Kailua Village, all while maintaining a serene retreat for visitors.
Location is unbeatable—just one block from the ocean, dining, shopping, and entertainment, ensuring strong rental demand year-round. Unit has assigned parking which provides the benefit of guests not having to pay for parking.
Benefits of condo:
Tropical breezes from ocean and mountain keep condo cool and A/C helps in summer.
Pull out couch for extra guest
Fully stocked for all needs for visitors - truly turn key
Whether you’re expanding your portfolio or seeking a personal island getaway with income potential, this condo has a great rental history.
Kailua Village Condominium offers:
Pets are allowed with Board approval.
Convenient assigned parking stall- #08
Pool and BBQ area
Secured building/elevator
On-site manager
Coined laundry room
The rental income history is available and the current leasing manager is willing to manage the property after sale.
Features of 75-5766 Kuakini Highway 503
| MLS® # | 719244 |
|---|---|
| Price | $475,000 |
| Bedrooms | 1 |
| Bathrooms | 1.00 |
| Full Baths | 1 |
| Square Footage | 639 |
| Acres | 0.00 |
| Year Built | 1972 |
| Type | Residential |
| Sub-Type | Condominium |
| Status | Active Under Contract |
Community Information
| Address | 75-5766 Kuakini Highway 503 |
|---|---|
| Subdivision | HIENALOLI 1ST - HIENALOLI 6TH |
| City | Kailua-Kona |
| State | HI |
| Zip Code | 96740 |
| Project | Kailua Village |
Amenities
| Parking | Assigned |
|---|---|
| View | Ocean |
| Is Waterfront | No |
| Has Pool | Yes |
Interior
| Interior Features | Elevator |
|---|---|
| Appliances | Dishwasher, Dryer, Microwave Hood, Range, Refrigerator, Washer |
| Heating | Heat Pump, Zoned |
| Cooling | Air Conditioning, Heat Pump, Zoned |
Exterior
| Windows | Blinds |
|---|---|
| Construction | Concrete |
Additional Information
| Date Listed | March 15th, 2025 |
|---|---|
| Days on Market | 81 |
| Zoning | V-.75 |
| Foreclosure | No |
| Short Sale | No |
| HOA Fees | 881 |
| HOA Fees Freq. | Monthly |
| Land Tenure | Fee Simple |
| In Use As Short Term Rental | Yes |
Listing Details
| Office | Real Broker LLC |
|---|