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75-5855 WALUA RD 12
75-5855 WALUA RD 12
75-5855 WALUA RD 12
75-5855 WALUA RD 12
75-5855 WALUA RD 12
75-5855 WALUA RD 12
75-5855 WALUA RD 12
75-5855 WALUA RD 12
75-5855 WALUA RD 12
75-5855 WALUA RD 12
75-5855 WALUA RD 12
75-5855 WALUA RD 12
75-5855 WALUA RD 12
75-5855 WALUA RD 12
75-5855 WALUA RD 12
75-5855 WALUA RD 12
75-5855 WALUA RD 12
75-5855 WALUA RD 12
75-5855 WALUA RD 12
75-5855 WALUA RD 12
75-5855 WALUA RD 12
75-5855 WALUA RD 12
75-5855 WALUA RD 12
75-5855 WALUA RD 12
75-5855 WALUA RD 12
75-5855 WALUA RD 12
75-5855 WALUA RD 12
75-5855 WALUA RD 12
75-5855 WALUA RD 12
75-5855 WALUA RD 12
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$549,000

75-5855 WALUA RD 12

1 Bed 2 Baths 800 Sq.Ft.

Description

This fully renovated, turnkey condo in Kona offers modern design, privacy, and exceptional rental potential with an active vacation rental permit. Nestled in the quiet back corner of the desirable Malia Kai complex, this stunning unit has no neighbors above or below, and only one shared wall.

Upgraded Interior: The extensive renovation featured upgraded flooring, paint, artwork, ceiling fans, lighting fixtures, switches, baseboards and trim for a polished, modern aesthetic. The kitchen was remodeled with updated cabinetry, quartz counters, and premium appliances. Both bathrooms were updated with contemporary finishes, such as new vanities, shower tile, toilets and fixtures. High vaulted ceilings on the top floor enhance the open, airy island feel.

Flexible Layout: The current 1-bedroom layout can easily be converted back to its original 2-bedroom design with Shoji doors or curtains, offering versatile options as a rental space or full-time occupancy. Two private lanais provide an ideal spot to relax and enjoy the tranquil surroundings, whether sipping morning Kona coffee or enjoying sunset mai tais. The condo is fully equipped with washer and dryer, conveniently located off the private carport, along with ample storage space.

Investment Potential: This unit has an active Short-Term Vacation Rental (STVR) Permit, offering immediate rental opportunities.

Exclusive Community: Malia Kai is a well-maintained boutique complex of only 20 units, creating an intimate and exclusive atmosphere. The gated property features a swimming pool, BBQ area with grills, and lush landscaping for residents and guests to enjoy.

Prime Location: Situated across from the Royal Kona Resort and just moments from Kailua-Kona's shops, restaurants and waterfront activities, this condo offers the perfect mix of privacy and convenience. Association dues cover basic cable, water, sewer, trash and exterior maintenance, ensuring a hassle-free ownership experience.

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Location

75-5855 WALUA RD 12, Kailua - Kona, HI 96740

Status

Sold

Date Sold

May 2, 2025

Property Amenities

Interior
Appliances Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer
Flooring Carpet
Total Bedrooms: 1
Half Bathrooms: 1
Full Bathrooms: 1
Area & Lot
Living area 800 Sq.Ft.
MLS® ID 718808
Year Built 1972
Type Condo
Status Sold
Exterior
Parking Assigned, Covered
Utilities Electricity Available, Sewer Connected
Finance
Sales Price $549,000
HOA Fees $900 monthly
Real Estate Tax $5,019 yearly

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Kailua Kona

Kailua-Kona is one of the most vibrant and sought-after areas on Hawai‘i Island, known for its beautiful coastline, sunny weather, and relaxed yet upscale lifestyle.

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