75-5855 WALUA RD # Kailua Kona HI 96740

HIENALOLI 6TH - PUAA 2ND

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1 bd

1 | 1 | ba

Sq ft: 800

HOUSE

1972

A$54900075-5855 WALUA RD # Kailua Kona HI 96740

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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.

LOCATION INFORMATION
Project: Malia Kai	District: North Kona
Latitude: 19.6315968
Subdivision: HIENALOLI 6TH - PUAA 2ND

INTERIOR FEATURES
Floors: Carpet
Laundry: Stacked Washer/Dryer	Appliances: Dishwasher, Disposal, Electric Cooktop, Microwave, Microwave Hood, Oven, Refrigerator, Washer/Dryer Stacked
1/2 Baths: 1

EXTERIOR FEATURES
Has a Pool: No
Zoning: RM-1
Road Description: Paved
Lot Description: Renovated 1 BR STVR condo near the ocean!

FEATURES

Additional Information
Tax Key: 375009009	Property Type: HOUSE
Year Built: 1972	Unit Description: End Unit, Even Number Unit, No Unit Above or Below
Monthly Association/Maintenance Fees: $900	Taxes: 5365.62
Land Tenure: Fee Simple

$ 3,151 per month
30 Year Fixed. 3.525% Interest Rate.

Principal + Interest:	$
Monthly Tax:	$
Monthly Insurance:	$ 157

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Listed by: COMPASS

Seller’s Representative:

Provided Courtesy of Hawaii Information Service. In this page not only will you see properties represented by Kohala Coast Properties, but also properties represented by other members of Hawaii Information Service. This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. IDX information is provided exclusively 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 is updated approximately every two hours. The last update time is shown below.

HIS data last updated at July 24, 2026 8:54 PM HAST

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