$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 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.

Highlights

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

Summary

  • MLS Number: 711037
  • Office Name: Coldwell Banker Island Properties - Hilo
  • Office Phone: (808) 895-4956

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Last updated on: 4/7/2025, 7:20:51 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

2.1 mi

74-5118 Kealakaa St

7

Kahakai Elementary School

Public District PK-5

2.2 mi

76-147 Royal Poinciana Dr

5

Holualoa Elementary School

Public District PK-5

3.5 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 $64,605. The majority of Kailua-Kona, HI residents have income between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

22%
<35k
57%
35k-100k
20%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

58%
Single, No Kids
9%
Single, with Kids
21%
Married, No Kids
12%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
6%
12-17 yrs old
26%
18-34 yrs old
46%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • Pro WrestlingPro Wrestling
  • PGA/LPGAPGA/LPGA
  • College FootballCollege Football

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Stein MartStein Mart
  • Express/Express For MenExpress/Express For Men

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • Cracker BarrelCracker Barrel
  • SonicSonic

What do the neighbors drive?

  • FordFord
  • LexusLexus
  • KiaKia

What do the neighbors listen to?

  • New CountryNew Country
  • OldiesOldies
  • News/Talk/InformationNews/Talk/Information
All data provided by Home Junction and Claritas

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Frequently asked questions

About 74-5618 Palani Rd Unit K4

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.

Between February and March 2025, Kailua-Kona, HI real estate market has seen increase in the number of listings by 15.6%. In March 2025, listings were on the market for 215 days. During the same period, the median list price in this real estate market was $1,045,000.

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

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