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74-5618 Palani Rd K4, Kailua-kona, HI 96740

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For Sale

$129,500

1 beds • 1 baths • 535 sqft

Estimated Payment

$ 670 /mo. †

6.65% APR for 30 yrs.
$64 in taxes
Change Loan Terms

  • Condominium
    Property type

  • $242.06
    Price per square foot

  • Over 50 Years Old
    Age

  • Pool
    Amenities

Explore this Property

This is a leasehold property. Prime Location in Kailua Kona! Kona Kai Condominiums offer a highly sought-after central location, just minutes from shopping, the post office, and the bustling downtown pier. This one-bedroom, second-floor unit is positioned in the heart of Kona Kai and features a partial mountain view from the private deck. The condo has been recently updated with new propane range and refrigerator, freshly painted, and other repairs.<br><br>The zoning permits short-term vacation rentals, making this an ideal opportunity. The current land lease rent is $323 per month. Monthly maintenance fees are $529 (subject to change) covering landscaping, common area upkeep, trash removal, propane for cooking, hot water, and common area insurance.<br><br>Kona Kai residents enjoy a community pool, BBQ area with picnic tables, and a coin-operated laundry room equipped with new machines. This property is being sold for cash, as traditional financing is not available. A great value for a centrally located home or vacation rental in the heart of Kona!<br><br>?MLS listing details and public records are believed to be accurate, but cannot be guaranteed. Buyers should independently verify any information they consider essential or relevant to their purchase. Association Manager is Associa Hawaii.
MLS# 711037

Courtesy Of Coldwell Banker Island Properties

(808) 969-7863

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Pool
  • Appliances
    Microwave, Range, Refrigerator
  • Architecture Style
    Other
  • Floor Covering
    Carpet

Map and Directions

Directions to 74-5618 Palani Rd K4, Kailua-kona, HI 96740

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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $665
  • Property Taxes
    $5
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $670

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Kealakehe Elementary School

Grades PK-5 Public School

Kailua Kona, HI 96740 1.9 miles
74-5118 kealakaa st

862 total students
14:1 Student teacher ratio

School Rating: D-

School Details

Kealakehe Intermediate School

Grades 6-8 Public School

Kailua Kona, HI 96740 1.9 miles
74-5062 onipaa st

676 total students
14:1 Student teacher ratio

School Rating: B+

School Details

Kealakehe High School

Grades 9-12 Public School

Kailua Kona, HI 96740 1.7 miles
74-5000 puohulihuli st

1407 total students
17:1 Student teacher ratio

School Rating: D+

School Details
Other Nearby Schools Distance Type Grades School Rating
International Christian Schools Kona 1 miles Private PK-KG
Innovations - Public Charter School 1.6 miles Public KG-8 A
Makua Lani Christian Academy 2.4 miles Private PK-12
Kahakai Elementary School 2.4 miles Public PK-5 B+
Makua Lanii Christian Academy 2.9 miles Private PK-12
Kuleana Education Academy 3.3 miles Private KG-8
Holualoa Elementary School 3.6 miles Public PK-5 C+
West Hawaii Explorations Academy 5.5 miles Public 6-12 C+

International Christian Schools Kona

Distance: 1 miles

Type Private

Grades: PK-KG

Innovations - Public Charter School

Distance: 1.6 miles

Type Public

Grades: KG-8

A

Makua Lani Christian Academy

Distance: 2.4 miles

Type Private

Grades: PK-12

Kahakai Elementary School

Distance: 2.4 miles

Type Public

Grades: PK-5

B+

Makua Lanii Christian Academy

Distance: 2.9 miles

Type Private

Grades: PK-12

Kuleana Education Academy

Distance: 3.3 miles

Type Private

Grades: KG-8

Holualoa Elementary School

Distance: 3.6 miles

Type Public

Grades: PK-5

C+

West Hawaii Explorations Academy

Distance: 5.5 miles

Type Public

Grades: 6-12

C+

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Kailua-kona, HI 96740

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Kailua-kona, HI 96740

This community’s employment is highest in the administrative support and food industries. The area’s overall household expenses are above the national average.

79° August
Hottest Average Month
54° January
Coldest Average Month
14,762 Total Households in Area
3.9% Increase in population since the year 2010
30.8%
of households
have children
22 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Kailua-kona, HI 96740

Kailua-kona, HI 96740 has a population of 39,514 people in 14,762 households with a median age of 43.4 years old.

3.9%
Increase in population
since the year 2010
Population is Trending up
13,760
Total households as of 2010
6.8%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 43.4 years old. The smallest percentage group is 55-64 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 42%
Asian 29%
Hispanic 10%
Other 3%
Black <1%
Native American <1%
The most prevalent ethnicity is White at 42%, followed by Asian at 29%, Hispanic at 10%, and Other at 3%.

Economics
for Kailua-kona, HI 96740

124 /sq mi
Population Density
$85,294 /yr
Median Household Income
$851,937
Median Sales Price
22 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 17.18% of the households.

Transportation to Work

  • Drive 85%
  • Work from Home 10%
  • Walk or Bike 5%
  • Public Transit 0%

Occupancy by Type

Owned 10,148 53%
Rented 4,613 24%
Vacant 4,328 23%

White vs Blue Collar Jobs







White Collar 74%
Blue Collar 26%

Family & Education Facts
for Kailua-kona, HI 96740

43.4 Median Age

Average Household Size

2.7
persons per
household

53.8%

Married Households

Community Population By Education

High School Graduate 27%
Some College 25%
Bachelors Degree 21%
Graduate Degree 11%
Associates Degree 10%
Some High School 6%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 26.58% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
30.9% of households have children

Weather
for Kailua-kona, HI 96740

The weather for this area ranges from a high of 79° F in August to a low of 54° F in January

79° August
Hottest Average Month
54° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
54°
73°
Feb
54°
74°
Mar
55°
74°
Apr
57°
74°
May
58°
75°
Jun
59°
76°
Jul
60°
78°
Aug
61°
79°
Sep
61°
78°
Oct
60°
78°
Nov
58°
76°
Dec
56°
74°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 Hawaii Information Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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