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1 Bed
2 Baths
800 sqft

$549,000

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

Price per sqft$686.25
Built in1972
Property size800 sqft
Property typeCondominium

Overview

Active

A

Listed Jun 2, 2026

Updated Jul 2

Tucked away in the quiet back corner of the desirable Malia Kai complex, this Kona condo offers a great mix of privacy, modern upgrades, and vacation rental potential with an active STVR permit already in place. With no neighbors above or below and only one shared wall, the unit has a peaceful feel that’s hard to find this close to town. Recent updates throughout the condo include: Flooring Paint Artwork Ceiling fans Lighting fixtures Switches Baseboards and trim Updated kitchen cabinetry Quartz counters Premium appliances New bathroom vanities Shower tile Toilets and fixtures High vaulted ceilings on the top floor create an open and airy island feel throughout the space. The current layout is configured as a one bedroom, but it can easily be converted back to the original two bedroom design, offering flexibility for either full-time living or vacation rental use. Two private lanais add to the indoor-outdoor feel of the space and provide plenty of room to relax outside. The condo is fully equipped with a washer and dryer located off the private carport, along with ample storage space. The active Short-Term Vacation Rental permit creates immediate rental opportunities for either personal use or investment potential. Malia Kai is a gated boutique complex with only 20 units, featuring a swimming pool, BBQ area with grills, and lush tropical landscaping. Located in the heart of Kailua-Kona, this condo offers the convenience of being close to town while still feeling tucked away and private. Ocean access nearby and much of town within walking distance make it easy to enjoy the Kona lifestyle full time or as a vacation rental.

$3,653/mo

Est. mortgage payment based on a $549,000 home price.

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

Additional information

MLS® ID
728726

Interior Features

Bedrooms
1
Bathrooms
2
Basement
No

Other Property Details

Taxes
$5,366
Tax Frequency
Annually
Association Fee Frequency
Monthly
Garage
Yes
Pool
Yes

 

Courtesy of COMPASS, Zoey Malika Kemp-Haxby

Listing Contact: 8087673307 

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Data last updated 3:34 AM UTC, 10/10/2026

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