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.