Active · MLS 728247

Kona Plaza
222

Renovated, Turnkey, and in the Middle of Kailua Village

75-5719 Aliʻi Dr #222 · Kailua-Kona, HI 96740

$345,000
Bedrooms
1
Bathrooms
1
Interior
623sf
Built
1973
Furnished
Turnkey
Rentals
STVRlicensed

About This Property

The Middle
of Kailua
Village

A fully renovated, turnkey furnished one-bedroom condominium in the center of Kailua Village, with a wraparound lanai looking across to Mokuaikaua Church and up the slope to Hualālai.

The 623 square feet here work harder than the number suggests. The interior walls were opened up during the renovation, so the kitchen, dining, and living areas read as one bright room rather than a series of small ones. Sliding doors run off both the living room and the bedroom onto the lanai, which wraps the corner of the unit and is deep enough for a full seating group and a dining table at the same time. Ceiling fans hang in the living room, the bedroom, and out on the lanai.

The renovation was thorough rather than cosmetic. The kitchen and bath were taken back and rebuilt, with granite counters, cherry cabinetry, a wall oven and cooktop, and a tiled glass-block shower in the bath. Behind the finishes, the unit has a new electrical panel, updated plumbing throughout, a new dishwasher, and a multi-split air conditioning system installed in 2022. It is sold turnkey furnished, so a Buyer takes the keys and the contents together.

Kona Plaza itself is a secure building with elevator access and covered underground parking. Residents have a community swimming pool and two BBQ decks, which happen to sit directly above the Aliʻi Drive parade route and the Ironman World Championship course. One assigned storage locker comes with the unit, and there is a separate locked storage area for paddle boards, kayaks, and bicycles at a nominal per-item fee.

The unit carries a County-approved Short Term Vacation Rental license and has operated as a vacation rental. For a Buyer, that license is the part worth paying attention to. New STVR permits are not being issued across most of Kona, so a legally licensed unit in the heart of Kailua Village is a genuinely limited commodity. It works as a full-time residence, a second home, or a rental, and the ability to move between those is much of what a Buyer is really acquiring.

Fully renovated  ·  Turnkey furnished  ·  County-approved STVR license

What Sets It Apart

Three Reasons
This One Moves

There is a fair amount of inventory under $400,000 on the Big Island. Very little of it is renovated to this standard, furnished and ready to use, and licensed to rent short term in the middle of Kailua Village.

One

The STVR License

A County-approved Short Term Vacation Rental license, with a track record as a rental behind it. New permits are largely unavailable in this part of Kona, which makes an existing licensed unit difficult to replace at any price.

Two

A Real Renovation

Kitchen and bath rebuilt, interior walls opened, a new electrical panel, updated plumbing, and a multi-split air conditioning system put in during 2022. The work that costs money and never photographs well has already been done.

Three

The Lanai

It wraps the corner of the building with sliders off both the living room and the bedroom, and it faces Mokuaikaua Church with Hualālai behind. On a 623 square foot unit, a lanai this size is not a detail. It is most of the living space.

Specifications

What Comes With It

Interior

  • One bedroom, one bath
  • 623 square feet, open floor plan
  • Interior walls opened during renovation
  • Granite counters and cherry cabinetry
  • Wall oven and cooktop
  • Tiled glass-block shower
  • In-unit stacked washer and dryer
  • Ceiling fans in living room and bedroom
  • Sold turnkey furnished

Systems & Upgrades

  • New electrical panel
  • Updated plumbing throughout
  • Multi-split A/C installed 2022
  • New dishwasher
  • Kitchen fully remodeled
  • Bathroom fully remodeled

Lanai & Views

  • Spacious wraparound lanai
  • Sliding doors off the living room
  • Sliding doors off the bedroom
  • Views to Hualālai
  • Mokuaikaua Church outlook
  • Ceiling fans on the lanai

Building & Ownership

  • Secure building with elevator access
  • Covered underground parking
  • Community swimming pool
  • Two BBQ decks
  • One assigned storage locker
  • Locked board, kayak, and bike storage
  • County-approved STVR license
  • Built 1973 · MLS 728247

The Lanai

Where the
Unit Actually
Lives

The lanai wraps the corner of the building, with sliders off both the living room and the bedroom. Open them and the interior effectively doubles. It holds a full seating group and a dining table without either crowding the other, and it faces the stone walls and steeple of Mokuaikaua Church with Hualālai rising behind.

It is also, twice a year, one of the better seats in Kailua-Kona. The Aliʻi Drive parade route and the Ironman World Championship course run directly below the building.

  • Sliding doors from both the living room and bedroom
  • Deep enough for seating and dining together
  • Hualālai and Mokuaikaua Church outlook
  • Ceiling fans overhead

The Setting

Kailua Village

Kailua Village is the historic center of Kailua-Kona, the stretch of Aliʻi Drive where the shops, restaurants, the seawall, and the oceanfront all sit together. Kona Plaza is in the middle of it, beside Mokuaikaua Church, with Huliʰeʻe Palace, Kailua Pier, and Kamakahonu Beach along the same few blocks.

For Buyers looking at Big Island real estate as a second home or a rental rather than a full-time residence, this is the address that needs the least explanation to a guest. It is also the part of Kona where inventory is genuinely constrained: the village is built out, and licensed short term rental units inside it do not return to the market often.

  • DistrictNorth Kona
  • ComplexKona Plaza
  • NeighborhoodKailua Village, Kailua-Kona
  • Interior623 Sq Ft
  • Year Built1973
  • MLS Number728247

Kailua-Kona, HI 96740

75-5719 Aliʻi Dr #222

Open in Maps

Questions

About This Condo

Unit 222 is a one-bedroom, one-bath condominium at Kona Plaza, 75-5719 Aliʻi Dr, in the heart of Kailua Village, offered at $345,000. It is 623 square feet with an open floor plan, a wraparound lanai, and views to Hualālai and Mokuaikaua Church. Built in 1973 and fully renovated, it is sold turnkey furnished.
The kitchen and bathroom were fully remodeled and the interior walls were opened up to maximize space and light. Recent improvements include a new electrical panel, updated plumbing throughout, a new dishwasher, and a multi-split air conditioning system installed in 2022.
Yes. The unit holds a County-approved Short Term Vacation Rental (STVR) license and has operated as a vacation rental. Because new STVR permits are largely unavailable across most of Kona, an existing licensed unit carries real scarcity value. Buyers should confirm the current status of the license and any County requirements during due diligence.
Kona Plaza is a secure building with elevator access and covered underground parking. Residents have a community swimming pool and two BBQ decks overlooking the Aliʻi Drive parade route and the Ironman World Championship course. One assigned storage locker comes with the unit, and there is a locked storage area for paddle boards, kayaks, and bicycles at a small per-item fee.
Yes. Unit 222 is offered turnkey furnished, so it is ready to occupy or to put straight back into the rental pool. Marco can provide the inventory list and confirm exactly what conveys with the sale.
Contact Marco A. Silva directly at 808.557.8921 or Marco@KonaLuxuryRealEstate.com. Marco is a Coldwell Banker Global Luxury specialist and REALM member representing Buyers and Sellers across Kailua-Kona, Keauhou, Holualoa, and the Kohala Coast.

Private Showings

See Unit 222
in Person

At this price, in this location, with a license attached, units like this do not tend to sit. Marco would be glad to walk you through the condo, the building, and what the rental side actually looks like.

Marco A. Silva · R(B) · RB 20599 808.557.8921 Marco@KonaLuxuryRealEstate.com

Listing by: Coldwell Banker Island Properties, Kona

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HIS data last updated at August 28, 2026, 5:07 AM HAST · Real Estate IDX Powered by iHomefinder