$129,500

74-5618 Palani Rd Unit K4 Kailua-Kona, HI 96740

$1,538
Closing credit¹
1 bed
1 full
535 sqft
$242 / sqft
Condo

Property details

About 74-5618 Palani Rd Unit K4

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 located in the heart of Kona Kai and features a partial mountain view from the lanai. The condo has been recently updated with new propane range and refrigerator, freshly painted, and other minor repairs.<br><br>The zoning currently permits short-term vacation rentals, making this an ideal opportunity. The current land lease rent is $323 per month. Monthly maintenance fees are $707 (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.

Highlights

Home typeCondominium
StatusActive
Size535 sqft
Year built1969
ParkingAssigned
MLS #711037
Private poolYes

Summary

  • Full Bathrooms: 1
  • Appliances: Microwave, Refrigerator, Range, Oven
  • Flooring Type: Carpet
  • Total Bedroom Count: 1
  • Private Pool: Yes
  • Parking: Assigned
  • List Price: $129,500
  • Price/SqFt: $242
  • HOA Amount: $0
  • HOA Frequency: Monthly
  • Year Built: 1969
  • Living Area: 535 SqFt
  • MLS Number: 711037
  • Office Name: Coldwell Banker Island Properties - Hilo
  • Office Phone: (808) 895-4956

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Those properties marked with Hawaii Information Service's icon are provided courtesy of Hawaii Information Service Multiple Listing Service™ system. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2025, 3:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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kitchen with sink, appliances with stainless steel finishes, white cabinetry, a textured ceiling, and dark tile patterned flooring

$129,500

74-5618 Palani Rd Unit K4

$1,538

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

2

Kealakehe Elementary School

Public District PK-5

1.9 mi

74-5118 Kealakaa St

7

Kahakai Elementary School

Public District PK-5

2.4 mi

76-147 Royal Poinciana Dr

5

Holualoa Elementary School

Public District PK-5

3.6 mi

76-5957 Mamalahoa Hwy

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $62,376. The most common annual income of people living in Kailua-Kona, HI is between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

28%
<35k
46%
35k-100k
12%
100k-200k
14%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

33%
Single, No Kids
10%
Single, with Kids
27%
Married, No Kids
30%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

19%
<11 yrs old
9%
12-17 yrs old
20%
18-34 yrs old
41%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • NASCARNASCAR
  • PGA/LPGAPGA/LPGA
  • MotocrossMotocross

Where do the neighbors shop?

  • Dollar GeneralDollar General
  • Stein MartStein Mart
  • GameStopGameStop

Where do the neighbors go to eat?

  • Cracker BarrelCracker Barrel
  • SonicSonic
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • RamRam
  • LexusLexus
  • JeepJeep

What do the neighbors listen to?

  • Classic CountryClassic Country
  • OldiesOldies
  • CountryCountry
All data provided by Home Junction and Claritas

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Frequently asked questions

About 74-5618 Palani Rd Unit K4

The listing price of 74-5618 Palani Rd Unit K4 property is $129,500.

The property 74-5618 Palani Rd Unit K4 is a condo located in Kailua-Kona, Hawaii, 96740.

Active Listing: 74-5618 Palani Rd Unit K4 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 74-5618 Palani Rd Unit K4 are: Kealakehe Elementary School (GreatSchools Rating 2/10), Kahakai Elementary School (GreatSchools Rating 7/10), Holualoa Elementary School (GreatSchools Rating 5/10), Innovations - Public Charter School (GreatSchools Rating 8/10), Kealakehe Intermediate School (GreatSchools Rating 7/10), Kona Pacific - Public Charter School (GreatSchools Rating 6/10), Kealakehe High School (GreatSchools Rating 3/10), West Hawaii Explorations Academy (GreatSchools Rating 5/10), Ke Kula O Ehunuikaimalino (GreatSchools Rating 10/10).

The property at 74-5618 Palani Rd Unit K4 has 1 bedroom and 1 bathroom.

The property 74-5618 Palani Rd Unit K4 is 535 SqFt (source: MLS/tax record).

The year of construction for 74-5618 Palani Rd Unit K4 is 1969.

This home is located at 74-5618 Palani Rd Unit K4 in Kailua-Kona, HI and zip code 96740. This 535 square foot home was built in 1969. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since June 11, 2024 and is currently priced at $129,500.

The number of listings in Kailua-Kona, HI increased by 15.6% between February and March 2025. While the average time on the market in March 2025 was 215 days, the median list price was $1,045,000.

From Rocket Homes Real Estate and based on county public records data.

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