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$770,000
2 Beds ⋅ 2 Baths ⋅ 732132 MLS ⋅ ['Fee Simple'] Tenure ⋅ Kahaluu Reef BLDG.
Turnkey Vacation Rental Opportunity in the Heart of Kona! Welcome to 78-6665 Alii Drive #101, a proven, heavily booked short-term vacation rental just across the street from the Pacific Ocean. This desirable ground-floor condo offers easy access to world-class snorkeling, surfing, paddleboarding, and unforgettable Hawaiian sunsets. Ideally located just minutes from Keauhou Shopping Center, you'll enjoy convenient access to restaurants, shopping, a grocery store, movie theater, farmers market, golf, and more. Kona's beaches, outdoor adventures, and vibrant downtown are all within easy reach. Whether you're looking for a successful income-producing investment or your own island getaway, this turnkey property offers the perfect combination of location, lifestyle, and vacation rental income. Owners grossed $68,492 in 2024 and $83,149 in 2025. As of July 14th, 2026, the unit already brought in $44,970. The STVR permit is transferable to the new owner. Resort-Style Amenities in a low density complex. Enjoy the Kahaluu Reef common area amenities including a pool pavilion with an ocean view of Kahaluu Beach. Watch surfers ride the waves, host barbecues with family and friends or jump in the pool. The HOA fee covers trash, water, cable, exterior maintenance, and pool access

78-6665 Alii Dr Unit 101, KAILUA KONA

Listing courtesy of KW Big Island.

$799,000
2 Beds ⋅ 2 Baths ⋅ 730135 MLS ⋅ ['Fee Simple'] Tenure ⋅ Kahaluu Reef BLDG.
Enjoy the tranquil sounds of the crashing waves and the epic ocean/sunset views from this rarely available top floor unit at the "boutique" Kahaluu Bay condominium complex. This unit is a very successful STVR and is being sold furnished / turnkey. The Kahaluu Reef Condo Complex is a hidden treasure and is located within a vacation/resort zoning node, V-1.25, allowing for the ability to be used as a Short Term Vacation Rental. This unit has recently been remodeled and boasts the following features: * New flooring * New doors * Fresh paint through-out the unit * New appliances through-out the unit * New central A/C system installed * Beautiful kitchen sink with double drainboards * Granite counter tops in kitchen and bathrooms * Prime rental location * Transferable STVR license * Transferable future bookings At this property you will be within walking distance of world class surf and snorkel/scuba spots. Property amenities include a large pool, pavilion, and BBQ area. This is a great opportunity to own a very unique income producing property in the heart of the Kona Coast. VIDEO TOUR LINK BELOW!! https://player.vimeo.com/video/1165747553?badge=0&autopause=0&player_id=0&app_id=58479

78-6665 Alii Dr Unit 302, KAILUA KONA

Listing courtesy of Koa Realty, Inc..

$949,000
3 Beds ⋅ 2 Baths ⋅ 725199 MLS ⋅ ['Fee Simple'] Tenure ⋅ Beach Villas At Kahaluu BLDG.
Kahaluu Beach Villas #303 is an active STVR and a beautifully maintained top-floor 3-bedroom, 2-bath residence. Perfectly positioned across from Kahaluu Beach Park, it offers front-row access to one of Kona’s best snorkeling beaches. Step onto your spacious covered lanai to enjoy ocean and sunset views, and take in the ease of island living just minutes from restaurants, shopping, and surf. This turnkey unit offers approximately 1,200 sq. ft. of interior space with a large ocean-view lanai, central A/C, in-unit washer and dryer, granite countertops, and a detached storage unit. The gated Kahalu'u Beach Villas community features a resort-style infinity pool, spa, BBQ area, and lush tropical landscaping. Fully furnished and ready for immediate use, this property is ideal as a vacation rental, second home, or ocean-view retreat. Showings by appointment only. Please allow advance notice as viewings must be scheduled around guest stays.

78-6721 Alii Dr Unit 303, KAILUA KONA

Listing courtesy of eXp Realty.

Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.