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1 Bed
1 Bath
480 sqft

$114,000

74-5618 PALANI RD A4, Kailua Kona HI, 96740

Price per sqft$237.50
Built in1969
Property size480 sqft
Property typeCondominium

Overview

Active

A

Listed Jul 31, 2026

Updated Aug 21

This is a leasehold property. Own one of the area's most sought-after vacation rentals! This beautifully maintained top-floor condominium has been a consistently successful Airbnb property, generating an average of approximately $55,000 in annual gross rental revenue over the past five years. With an established rental history, outstanding guest reviews, and reservations already on the books through 2027, this is a rare opportunity to step into a proven, income-producing property from day one. Now offered at it's rock bottom price and with the potential of transferring approx. $22,000 of future 2026 STVR bookings. Located on the top floor of a two-story building, the condominium enjoys peaceful privacy along with relaxing ocean and pool views from the lanai. Guests love the bright, open feel and the elevated vantage point that captures Kona's beautiful sunsets and tropical atmosphere. The location is one of the property's greatest assets. Situated in the heart of Kona, visitors can easily walk or take a short drive to beaches, restaurants, shopping, and local attractions. This highly desirable central location has been a major contributor to the property's exceptional occupancy and repeat guest business. The sale includes one assigned parking space, adding convenience for both owners and guests. Please note: This is a leasehold property and because of leasehold financing limitations a cash purchase is required. Whether you're looking to expand your vacation rental portfolio or own a tropical getaway with a proven income stream, this turnkey investment offers an exceptional combination of location, performance, and lifestyle.

$758/mo

Est. mortgage payment based on a $114,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
732427

Interior Features

Bedrooms
1
Bathrooms
1
Basement
No

Other Property Details

Taxes
$1,205
Tax Frequency
Annually
Association Fee Frequency
Monthly
View
Yes
Pets Allowed
Yes
Pool
Yes

 

Courtesy of Hawaii Real Estate Group LLC, Rebecca Clancy

Listing Contact: 8089900437 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Kris Hazard shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 12:28 AM UTC, 10/10/2026

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