Island Charm Meets Vacation Rental Opportunity - Turnkey Malia

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Condo For Sale

75-5855 WALUA RD unit: 15

Kailua Kona, Hawaii 96740

Ocean View: Yes

Community: HIELOLI 6TH - PUAA 2ND

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$515,000 1 br, 2.0 bath 800 sq. ft. 0.000 acres

Island Charm Meets Vacation Rental Opportunity - Turnkey Malia Kai Townhome Experience the vibrant heart of Kailua Kona from this beautifully updated townhouse-style condo at Malia Kai - a boutique community where tropical landscaping, a quiet atmosphere, and prime location converge. Approved for short-term vacation rental (STVR) and boasting excellent online reviews, this turnkey-furnished, 1-bedroom, 1.5-bath residence is a rare find. Tranquility just minutes from the action, walkable to Honl's Beach, Royal Kona Resort Luau, and Kona's oceanfront district Thoughtfully upgraded for comfort and style, highlights include: Vacation Rental Property - Unbeatable location steps to beaches, restaurants, and shops Active STVR Permit Split Air Conditioning System for year-round comfort Tastefully Furnished and ready for move-in or guests Preferred Lanai Orientation - Sheltered from the afternoon sun with refreshing breezes Peek-a-boo Ocean Views from both lanais Upgraded Kitchen featuring newer appliances and all-new flooring Renovated Main Bath Upgraded Copper Plumbing in both baths Fresh Interior Paint for a crisp, clean feel Rare Covered Carport Parking Private Laundry and Storage Room with direct access from inside the unit Malia Kai Amenities include a sparkling pool and shaded BBQ area Low-Density Complex - Boutique complex with only 20 units Savor morning coffee with ocean glimpses, spend lazy afternoons by the pool, and stroll to sunset dinners along Ali'i Drive - all from your island home base. This is more than a condo - it's a lifestyle and a rare opportunity to own a slice of paradise.

Interior:
  • Bedrooms: 1
  • Baths: 2.0
  • Sq Ft: 800
  • Year Built: 1972
  • Utilities: 
  • Fireplaces: 
  • Stories: 
  • Heat/AC: Zoned
  • Garage: Covered, Assigned
Exterior:
  • Lot Size: 0.000 acre
  • Lot Dimensions: 
  • View Types: Ocean
  • Yard: 
  • Siding: 
  • Roof: 
  • Property Taxes: $5,366
  • MLS #: 724166
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Contact Information:
Beach Condo For Sale in Kailua Kona, Hawaii
Listing Agent: Jenni Lee, KW Big Island, 808-430-3022, 808-930-5900 Listing Site, Listing Status: Active
Copyright © 2026 Hawaii Information Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 7269341
Viewed 20 times.
Updated: Mar 14, 2026

This property is a Condo located at 75-5855 WALUA RD unit: 15, Kailua Kona, Hawaii 96740, and is currently For Sale at $515,000. This Condo has 1 bedrooms, 2.0 baths, 800 sq ft.