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$672,000
3 Beds ⋅ 3 Baths ⋅ 732129 MLS ⋅ ['Leasehold'] Tenure
This is a leasehold property. Located in Keauhou Mauka, the heart of the Kona Coffee Belt, this property offers a lifestyle that most would envy. The farm is 19.5 acres, with approximately 11.5 acres of planted coffee, with over 3000 trees that are fully accessible by machine. The house is open and airy, with Brazillian Cherry wood floors in the main living area, skylights and sweeping ocean views. There are 3 bedrooms on the second level as well as an office, full sized bathroom, a dining area and a living room. Upstairs on the third level is a large primary bedroom and its own bathroom. On the ground floor level is a one car garage, a bonus room and Farmhand quarters with a full bathroom. Make your Kona Coffee dreams a reality! **Agricultural land and county water. Property is being sold AS IS. Farm equipment is not included in the sale. Verification of funds is required prior to showing. Property is owner occupied and 48 hours notice is preferred. Home inspection available.

78-1134 Bishop Road, HOLUALOA

Listing courtesy of Coldwell Banker Island Properties - Kona.

$195,000
1 Baths ⋅ 732139 MLS ⋅ ['Leasehold'] Tenure ⋅ Kona Islander Inn BLDG.
This is a leasehold property. Welcome to this Top floor, End unit Studio which has been renovated and is offered fully furnished. The historic Kona Islander Inn has wonderful amenities, inviting lush tropical gardens and is centrally situated within Kailua-Kona village - a peaceful retreat with the convenience of being in the heart of town. - Enjoy this island-style condo as your own Hawaii getaway and as an investment property as well. The property is an existing vacation rental with solid rental history and future reservations which are assumable by Buyer. - Offered completely furnished with all that you'll need including a Queen bed plus sofa-sleeper, indoor and outdoor seating, TV, refrigerator / freezer, microwave, coffee-maker & more - Enjoy the covered outdoor lanai with garden views, ocean breeze - Air conditioning for warmer Hawaii climate plus tropical ceiling fan - Amenities include centrally located in-ground pool, spa, barbecue, charming open-air lobby with lounge and veranda, complimentary parking pass, lush mature landscaping and coin-operated laundry facility - Located adjacent to Alii Drive, Kona Islander Inn is just a short stroll to all that Kailua-Kona has to offer: ocean activities, historical sites, restaurants, shopping & farmer's market, personal services, churches and Kailua Public Library. - Monthly condo fees include all utilities: electricity, TV cable/internet, water, sewer, trash, maintenance of the grounds, pool, spa, barbecue, recycling.

75-5776 Kuakini Highway Unit 334, KAILUA KONA

Listing courtesy of NextHome Paradise Realty.

$199,000
1 Baths ⋅ 731827 MLS ⋅ ['Leasehold'] Tenure ⋅ Kona Islander Inn BLDG.
This is a leasehold property. Incredible opportunity to own a turnkey, active short-term vacation rental in the heart of Kailua-Kona. Located on the third floor of the Oahu building at the Kona Islander Inn, suite #339 is a 372 sqft studio offering peaceful Plumeria garden views from its private lanai. Priced to sell, this unit features an established STVR track record with a 3-night minimum stay. Proven seasonal rates include a $140/night base rate. Step right into an operational investment asset or use it as your private tropical escape. The complex sits directly across the street from the ocean and is just steps from the historic dining, shopping, and entertainment along Alii Drive. Resort-style amenities include an in-ground pool, spa/hot tub, two BBQ grill areas, community laundry, and helpful onsite staff. The comprehensive $1,075/month maintenance fee completely streamlines your expenses by covering electricity, high-speed internet, cable TV, water, sewer, trash, and common area maintenance. This leasehold property is open to Cash or 1031 Exchange buyers, with furnishings negotiable. Pack your suitcase and take over this prime piece of Kona today. The information herein may contain inaccuracies and is provided without warranty of any kind. Agents and buyers must independently verify any info they deem material or important to their purchase or any offered price thereunder.

75-5776 Kuakini Hwy Unit 339, KAILUA KONA

Listing courtesy of eXp Realty.

$280,000
1 Baths ⋅ 731984 MLS ⋅ ['Leasehold'] Tenure ⋅ Kona Islander Inn BLDG.
This is a leasehold property. Enjoy the convenience of in-town living at the Kona Islander Inn. This turnkey, leasehold studio is currently operating as a successful short-term vacation rental and features a private lanai overlooking the pool area, and beautifully maintained tropical landscaping. The unit offers a blend of modern and island-style furnishings, air conditioning, blackout drapes, a kitchenette, and everything needed for a comfortable island getaway. Resort amenities include a pool, hot tub, BBQ area, parking lot, trash service, and on-site laundry. Ideally located along Ali‘i Drive, the Kona Islander Inn is just a short walk to the ocean, Kailua-Kona town, restaurants, shops, and popular attractions. Monthly HOA fees include leasehold rent, water, electricity, basic cable, trash, and high-speed internet. Lease runs through 2079 with renegotiation scheduled for 2029. Buyers utilizing lending are welcome to submit offers.

75-5776 Kona Islander Inn Unit 201, KAILUA KONA

Listing courtesy of eXp Realty.

$250,000
2 Baths ⋅ 731795 MLS ⋅ ['Leasehold'] Tenure
This is a leasehold property. Unique and spacious location overlooking Kalakaua Park in downtown Hilo. This space has been home to a successful restaurant for many years and now it's ready for your dream of running your own restaurant to come true. Space comes fully furnished along with full kitchen set up and equipment.

110 Kalakaua St, HILO

Listing courtesy of Coldwell Banker Island Properties - Hilo.

$340,000
1 Beds ⋅ 1 Baths ⋅ 731956 MLS ⋅ ['Leasehold'] Tenure ⋅ Kona Makai BLDG.
This is a leasehold property. Incredibly special and rare offering at Kona Makai — this top-floor unit with a spacious loft is STVR-CERTIFIED and an extremely successful vacation rental with a history of strong, consistent guest reviews. This is a proven income-producing property, not a hypothetical opportunity. One of the most valuable features is the installed split air-conditioning system, a very rare and highly sought-after upgrade in Kona Makai that dramatically enhances guest comfort and rental demand. The large loft functions as a true second sleeping area, allowing the unit to comfortably sleep up to six guests, maximizing flexibility and rentability. Beautifully decorated and exceptionally spacious, the unit enjoys ocean views from both the main lanai and the loft, creating an elevated island experience that guests consistently rave about. Kona Makai is a beautifully maintained, highly desirable oceanfront community located on iconic Alii Drive. Resort-style amenities include lush tropical landscaping, an oceanfront pool and spa, sunny lounging areas, two fitness rooms, gas BBQ and dining areas, tennis courts, ping-pong, ample parking, and nighttime gated security. Monthly maintenance fees include water, landscaping, resident manager, trash service, pool maintenance, cable TV, and high-speed internet (500+ Mbps) — a significant value add for both owners and guests. This is a turn-key, STVR-approved, high-performing vacation rental in one of Kona’s most sought-after oceanfront complexes — a rare opportunity that checks every box for lifestyle, income, and long-term value

75-6026 Alii Dr Unit 5305, KAILUA KONA

Listing courtesy of Knutson & Associates.

$199,500
1 Baths ⋅ 732011 MLS ⋅ ['Leasehold'] Tenure ⋅ Kona Islander Inn BLDG.
This is a leasehold property. LOCATION, LOCATION, LOCATION!!! 52 YEARS REMAINING on this leasehold condo!!! STVR permitted!!! Right in the middle of the OCEANFRONT action, however quiet and secluded at the same time. CHARMING mid-century atmosphere amid tropical garden with POOL, HOT TUB, and outdoor BBQ GRILL. Perfect for the owner occupant, where with a SMALL downpayment first time buyers can own their home for possibly less then what they are currently paying for rent and as owner occupants enjoy a lower real property tax. Current real property tax only $2,462.72. Coin laundry on the premise.

75-5776 Kuakini Highway Unit 221, KAILUA KONA

Listing courtesy of Aloha Hawaiian Realty.

$325,000
3 Beds ⋅ 3 Baths ⋅ 731783 MLS ⋅ ['Leasehold'] Tenure
This is a leasehold property. This newly constructed home is ready for move in day! Really the only thing left to do is create your oasis with whatever landscaping suits you best. The interior was designed with modern living in mind. From the open concept living area with kitchen island, to the durable luxury vinyl plank flooring, this home is beautiful and practical all at the same time. The fresh clean color pallet is enhanced by all of the natural light coming through home's windows. Washer and dryer hookups are in the covered carport. This is an affordable housing property and buyers must qualify financially by being in the income range of 80% - 140% of the Hawai'i County median income. Call for more information, or visit https://haleohawaii.org

11-3319 Pa Alii St, VOLCANO

Listing courtesy of COMPASS.

$110,000
1 Beds ⋅ 1 Baths ⋅ 731641 MLS ⋅ ['Leasehold'] Tenure ⋅ Alii Villas BLDG.
This is a leasehold property. Own Your Piece of Paradise at Oceanfront Aliʻi Villas! Unit #112, is a beautifully furnished 1-bedroom, 1-bath condominium in the highly desirable oceanfront Aliʻi Villas community. Located on the south side of the complex near the pool, this garden-view unit offers a tranquil island setting surrounded by lush tropical landscaping. The living, dining, and kitchen area flows out to a ground floor lanai - perfect for morning coffee, yoga, or additional storage. Being sold fully furnished, this move-in-ready condo features a full-size washer and dryer too. Aliʻi Villas is one of the few oceanfront communities in Kailua-Kona that allows short-term vacation rentals, making this an excellent opportunity for buyers seeking a future investment property, second home, or full-time residence. Community amenities include a solar-heated saltwater pool, oceanfront BBQ area, sunset viewing deck, library, and community gathering areas. Conveniently located just minutes all Kailua-Kona's has to offer, including restaurants, shopping, beaches, farmers markets, and ocean activities. Monthly maintenance fees include water, trash service, basic cable, internet, and exterior/common area maintenance. The current lease ends 2/28/29. The Fee is available for purchase for $450k. Buyers may purchase the fee simultaneously with the condominium purchase, providing the opportunity to get a loan and convert the property to fee simple ownership.

75-6016 Alii Dr Unit 112, KAILUA KONA

Listing courtesy of Hawaii Estates LLC.

$699,000
5 Beds ⋅ 3 Baths ⋅ 731103 MLS ⋅ ['Leasehold'] Tenure
This is a leasehold property. The lease is a Kamehameha Schools/Bishop Estate Agricultural Productive Lease which is set to expire on 10/31/2051. Gracing this productive 5.53 acre macadamia and coffee farm is an impressive and well maintained two story 5 bedroom/3 bath home located at the lower end of the property. The home is situated at an approximate elevation of 1,100' and overlooks a beckoning and picturesque stretch of the South Kona District coastline. Notable features of the home include * An upper level with 1,672sqft of living area that includes 3 bedrooms and 2 bathrooms was completed in 1983. * A lower level with 2 bedrooms and 1 bathroom was added and finalized in 1993. * Covered lanais of 546sqft on the upper level and 80sqft on the lower level. * A spacious kitchen area with plenty of counter space and cabinetry. * Bathrooms were updated in 2011. * Solar hot water system installed in 2008. * An attached 3 car carport of 930 sqft that includes a lockable storage area as well as a family recreation area. Residential Landscape: * Large well maintained lawn area on the northern side with rock retaining walls. * An attractive garden area containing anthuriums and hapuu. * Plenty of room for raised garden beds. Farm Area: * Has approximately 100 producing and mature macadamia trees. Approximately 300 coffee trees have planted in the past 5 years. * Miscellaneous fruit trees. * A neighbor owned fence forms the northern boundary while an intermittent rockwall bounds the southern boundary. * A 4*4 road provides access to the upper end of the farm. * A processing and storage shed is conveniently located at the lower end of the farm. This special property is conveniently located 5 miles from Captain Cook and just over a mile from the Honaunau Elementary School. Kailua-Kona and the Kona Airport are within 17 and 24 driving miles respectively. https://player.vimeo.com/video/1205189352

84-5084 Hawaii Belt Rd, CAPTAIN COOK

Listing courtesy of Sue Brown Realty and Associates.

$229,000
1 Baths ⋅ 730813 MLS ⋅ ['Leasehold'] Tenure ⋅ Kona Islander Inn BLDG.
This is a leasehold property. Rarely available View Unit in Kona Islander Inn. Enjoy the beautiful Ocean Horizon Views from this Upper Floor Corner Unit!!! Situated in the highly sought after Maui Building, tucked away from traffic and road noise this 3rd floor corner unit is a tranquil escape while still being in the heart of the action in Kailua Kona with easy access to Alii Drive Beaches & Restaurants. This artistically decorated retreat boasts an updated kitchenette, new sliding door, new AC unit and pride of ownership through out. Whether you're looking for a relaxing vacation or a remote working experience, this is the ultimate destination to create your piece of Hawaiian Paradise. Unit #322 is a highly successful Short Term Vacation Rental, and comes turnkey with everything you need to continue this revenue generating investment. Monthly HOA Fees Include: Water / Electric / Trash / Cable / Internet / Resident Manager in addition to the maintenance of the grounds and pool & spa and BBQ area

75-5776 Kuakini Hwy Unit 322, KAILUA KONA

Listing courtesy of Coldwell Banker Island Properties - Kona.

$849,000
3 Beds ⋅ 2 Baths ⋅ 731416 MLS ⋅ ['Leasehold'] Tenure
This is a leasehold property. Rare opportunity to acquire the former Hawaiian Host South Kona facility, a landmark property in the heart of the Kona Coffee Belt. Situated on approximately 3.1 acres along Lower Napoʻopoʻo Road, this Kamehameha Schools Bishop Estate leasehold property includes a 3-bedroom, 2-bath caretaker residence, approximately 11,000+ square feet of warehouse, manufacturing, office, storage, and retail/showroom space. Existing infrastructure provides a rare combination of operational capacity, flexibility, and expansion potential in one of Hawaiʻi Island's most desirable agricultural regions. Leasehold interest extends through February 29, 2052. Properties of this size, infrastructure, and potential rarely become available in South Kona. Property is being sold As-Is. Buyers are encouraged to conduct their own due diligence regarding lease terms, assignment requirements, permitted uses, and all matters material to their purchase. All information herein is deemed reliable but not guaranteed. Buyers and their agents should independently verify any information they deem material or important to their purchase.

83-5711 Lower Napoopoo Rd, CAPTAIN COOK

Listing courtesy of eXp Realty.

$160,000
2 Beds ⋅ 1 Baths ⋅ 731309 MLS ⋅ ['Leasehold'] Tenure ⋅ Hilo Terrace BLDG.
This is a leasehold property. Welcome to this gorgeous two-bedroom, one-bathroom condo in the desirable Hilo Terrace community, offering the perfect mix of island charm and city convenience. The living room glows with gorgeous natural light, leading into a super cute kitchen layout complete with hardwood cabinets, a fridge and a stove, and plenty of room to whip up your favorite meals. Enjoy spacious bedrooms with large closets and windows that open. There are an additional two closets in the condo to help handle all your storage goals. Location perks abound as you are situated directly across the street from local schools and just minutes from the bustling shops and eateries of downtown Hilo. Combining comfort with practicality, the property also features a pool, on-site trash disposal, municipal water, available mail service and a laundry facility. Fully furnished and move-in ready. Furniture can be purchased for an additional fee. HOA fees are about $750, which includes: HOA fees, reserve fee, gas, water, trash, and leasehold fee. Electrical is additional but billed through the monthly HOA statement Leasehold: This is a leasehold, meaning there is a $100/month leasehold fee to cover the lease fee, which can be purchased for an additional $55,000 +/-

485 Waianuenue Ave Unit 122, HILO

Listing courtesy of Bizwala.

$180,000
2 Beds ⋅ 1 Baths ⋅ 730692 MLS ⋅ ['Leasehold'] Tenure ⋅ Kona Kai BLDG.
This is a leasehold property. Discover island living in this beautifully updated, turnkey 2-bedroom, 1-bath condominium ideally located in the heart of Kailua-Kona. Enjoy ocean views and an unbeatable location just moments from the iconic Ironman finish line, Kona Pier, local markets, grocery stores, restaurants, shopping, and the sparkling Pacific Ocean. Currently operating as a successful vacation rental, this fully furnished condo presents an excellent opportunity for investors seeking income potential or buyers looking for their own private island getaway. Thoughtfully updated and move-in ready, it offers the perfect blend of comfort, convenience, and the Kona lifestyle. Residents and guests enjoy access to a community pool, and the monthly maintenance fee includes water, sewer, gas, trash service, landscaping, pool maintenance, and quarterly pest control. For added convenience, the property features newly installed coin-operated washers and dryers. Whether you're searching for a Hawaii retreat, a vacation rental investment, or both, this centrally located condo is ready to welcome you. 🌺

74-5618 Palani Rd Unit F7, KAILUA KONA

Listing courtesy of First Island Realty, LLC.

$358,800
2 Beds ⋅ 1 Baths ⋅ 730721 MLS ⋅ ['Leasehold'] Tenure
This is a leasehold property. This nearly 10 acre property offers the sustainable, off-grid lifestyle many dream of and now available for the first time on the market! Perfect for a family or individual seeking to live the farming lifestyle, it combines a solid home, income-producing orchards, and panoramic coastline views with year-round sunsets. The 2-bedroom, 1-bath 1975 home is well-built, with an additional large room (formerly an office, now storage), a separate carport and attached tool shed housing the off-grid system. A second detached structure provides a covered workspace and secure storage. Off-Grid Systems Include: * 2 catchment tanks: steel tank at the top of the property gravity-feeds the home and a second tank supplies the orchards * 6 PV panels * 2 Outback solar inverters & 2 Signature Solar EG4 batteries * Propane on-demand hot water, range, and refrigerator The property is fully fenced and thoughtfully laid out for farming and homesteading. Mature plantings include 2.5 acres of Kona coffee, lychee, and mixed crops ( *see attached fruit tree list ), plus two large vegetable garden plots, and areas previously planted with taro, sweet potato, and asparagus. With daily farmers markets nearby, there’s ample opportunity to generate a comfortable income from the land. Located 1 mile up Telephone Exchange Road, directly above Pu‘uhonua O Hōnaunau, the property enjoys sweeping ocean views spanning from Kealakekua Bay to Hōnaunau. This is a rare offering where sustainable living, income potential, privacy and breathtaking Kona coast scenery come together. The property overlooks Pu’uhonua O’Honaunau, The City Of Refuge; a National Historical Park, which is a culturally significant Hawai’i landmark. Other nearby beaches include Ho’okena, Manini, Ke’ei and Kealakekua Bay. * KSBE LH properties require a cash purchase and take approximately 6 months to Close escrow * Lease to 12/31/2055.

84-539 Telephone Exchange Rd, CAPTAIN COOK

Listing courtesy of Hawaii Life.

$125,000
1 Beds ⋅ 1 Baths ⋅ 730968 MLS ⋅ ['Leasehold'] Tenure ⋅ Kona Kai BLDG.
This is a leasehold property. This well-maintained beautiful condo boasts many upgrades. Perfect location in Kona Town. Short walk to restaurants, shopping and waterfront. This unit located on the 1st floor has newer AC units, Dishwasher, Ceiling Fans, Garbage disposal. This property is approved for short term vacation rentals. This cozy dual-purpose unit is turnkey and ready to move in and/or renting on Airbnb immediately. Snowbird owners live here January through March, and it is currently Airbnb rented with a 4.7 rating.

74-5618 Palani Rd Unit I5, KAILUA KONA

Listing courtesy of Transworld Realty LLC.

$197,100
1 Baths ⋅ 731062 MLS ⋅ ['Leasehold'] Tenure ⋅ Kona Islander Inn BLDG.
This is a leasehold property. Conventional Financing is now available for qualified buyers—please inquire for details! Seller Financing Also Available! Beautifully remodeled and located on the top floor, Kona Islander Inn Unit 336 offers a unique opportunity to own an affordable slice of paradise in the heart of Kailua-Kona. One of the standout features of this exceptional studio is its thoughtfully designed and beautifully updated kitchen, creating a warm and inviting space rarely found within the complex. The bright and comfortable interior has been tastefully upgraded and features attractive flooring, a remodeled bathroom, air conditioning, and a private covered lanai overlooking the lush tropical grounds with peek-a-boo ocean views. Whether you're looking for a personal island retreat, a second home, or an investment opportunity, this unit provides comfort and convenience in an unbeatable location. Kona Islander Inn is known for its resort-style setting with a swimming pool, spa, barbecue areas, and beautifully landscaped grounds. Situated right in the center of Kailua-Kona, you're just steps away from Alii Drive and within walking distance to restaurants, coffee shops, farmers markets, shopping, beaches, and countless ocean activities. Enjoy island living at its best with this beautifully remodeled top-floor unit in one of Kona's most convenient locations. Leasehold property with financing options now available for qualified buyers—please inquire for details

75-5776 Kona Islander Inn Unit 336, KAILUA KONA

Listing courtesy of Knutson & Associates.

$129,000
1 Beds ⋅ 1 Baths ⋅ 730805 MLS ⋅ ['Leasehold'] Tenure ⋅ Kona Kai BLDG.
This is a leasehold property. CASH BUYERS ONLY Step into opportunity. Beautifully remodeled 1 bedroom, condo with courtyard views and a desirable Kona location. Currently a Popular and Profitable STVR with 2025 Gross rental income over $55,000. KEY FEATURES: PRIME LOCATION: Situated in the heart of Kailua-Kona, this condo offers unparalleled access to pristine beaches, vibrant nightlife, and shopping/dining options. Guests will delight in the convenience of exploring the area's top attractions within minutes. EXQUISITE REMODEL: Meticulously redesigned with modern elegance. From sleek bamboo floors in the kitchen to designer fixtures, every detail has been carefully chosen to offer an interior space comfort, and function. ACCOMMODATIONS: With a large bedroom, residents can unwind in comfort in the bedroom, which has a large closet and an individual air conditioner. KITCHEN: Fully-equipped kitchen, complete with new appliances, quartz countertops, and ample cabinet space. AMENITIES: A sparkling swimming pool, laundry center, assigned parking, and lush tropical landscaping. Whether seeking a lucrative investment opportunity or a personal retreat, this condo offers the best of both worlds. With a proven track record as a profitable vacation rental, you can maximize your returns while enjoying the flexibility to escape to paradise whenever you desire.

74-5618 Palani Rd Unit M6, KAILUA KONA

Listing courtesy of Hawaii Real Estate Group LLC.

$119,000
1 Beds ⋅ 1 Baths ⋅ 729290 MLS ⋅ ['Leasehold'] Tenure ⋅ Honalo Plaza BLDG.
This is a leasehold property. This beautifully maintained 1-bedroom, 1-bath condominium offers a private west-facing lanai where you can relax and enjoy colorful sunsets in a peaceful, private setting. Access to this second story unit can be obtained without the use of stairs!! Inside, you’ll find an upgraded kitchen, fresh interior paint, and a comfortable, functional layout that makes the most of the space. The HOA fee includes utilities and lease fees, providing exceptional value and predictable ownership costs. Whether you’re looking for a full-time residence, vacation getaway, or investment property, this condo offers an affordable opportunity to enjoy a low-maintenance lifestyle in a desirable location.

79-7261 Nahenahe Loop Unit 112, KAILUA KONA

Listing courtesy of Hawaii Real Estate Group LLC.

$322,500
1 Beds ⋅ 1 Baths ⋅ 730698 MLS ⋅ ['Leasehold'] Tenure ⋅ Kona Makai BLDG.
This is a leasehold property. Kona Makai is a gated complex on the ocean side of Alii Drive, offering many amenities, including the oceanfront pool and spa, barbecue area, tennis courts, on-site parking and more! This air conditioned unit has a balcony that looks out to the ocean and the meticulously manicured landscaping. There is a a spacious loft with spacious closet overlooking the living area that can be used as a second bedroom. The kitchen comes equipped with a new stainless-steel refrigerator, new stove, dishwasher and a washer/dryer. There is a second balcony off the bedroom facing north ... The feeling of Hawaii at its best! This great unit also offers on-site parking and the security of a locked gate at night. Information contained herein is accurate, to the best belief of both the seller and listing brokers. Buyer and buyer's agent are to perform their own due diligence during the inspection period of any purchase contract.

75-6026 Alii Dr Unit 5302, KAILUA KONA

Listing courtesy of Hoku Star Realty.

$249,000
1 Baths ⋅ 730578 MLS ⋅ ['Leasehold'] Tenure ⋅ Kona Islander Inn BLDG.
This is a leasehold property. Already performing and ready for its next owner. This active Short-Term Vacation Rental at the Kona Islander Inn carries a documented booking history into your portfolio on day one. Situated in the heart of Kailua Village, this 372 sqft studio puts guests exactly where they want to be: steps from the waterfront energy of Ali'i Drive, walkable to some of the best dining and boutique shopping on the Big Island, and moments from manta ray night dives, Kona Pier, and the kind of sunset happy hours that make people extend their trips. No car needed. Resort-style amenities, pool, hot tub, lush tropical gardens with winding pathways, BBQ grills, and a professional front desk team managing every check-in and check-out. Then there's Unit 349 itself. Perched on the third floor of the Niihau building, the closest building to the ocean at Kona Islander Inn, this is one of the most coveted positions in the entire complex, and the views prove it. Step onto your private lanai and take in the Pacific stretching to the horizon on one side and the vibrant pulse of Ali'i Drive below on the other. It's the kind of view that stops guests mid-sentence and keeps them booking year after year. Inside, bright and airy interiors with cool-toned walls and tile floors create a clean, calming retreat. Offered furnished and move-in ready. For the investor who wants proof before purchase. For the dreamer who's finally ready to make it real. With ocean views, Alii Drive at your feet, and a booking history already in place, Unit 349 is the one guests remember. Monthly maintenance fees cover water, electricity, trash service, basic cable, and high-speed internet.

75-5776 Kuakini Highway Unit 349, KAILUA KONA

Listing courtesy of COMPASS.

$225,000
1 Baths ⋅ 730577 MLS ⋅ ['Leasehold'] Tenure ⋅ Kona Islander Inn BLDG.
This is a leasehold property. Already performing and ready for its next owner. This active Short-Term Vacation Rental at the Kona Islander Inn brings a documented booking history to your portfolio on day one, with no guesswork and no waiting to see if the numbers work. They already do. Situated in the heart of Kailua Village, this 372 sqft studio puts guests exactly where they want to be: steps from Ali'i Drive waterfront, walkable to some of the best dining and boutique shopping on the Big Island, and moments from manta ray night dives, Kona Pier, and the kind of sunset happy hours that make people extend their trips. No car needed. Resort-style amenities with a sparkling pool, hot tub, lush tropical gardens, BBQ grills, and a professional front desk team managing every check-in and check-out, keeping guests comfortable, reviews glowing, and the calendar full. Then there's Unit 337 itself. Perched on the third floor of the Oahu building, the elevated position offers a sense of privacy and quiet that's hard to come by in the heart of Kailua Village. The covered lanai is generous and private, framed by swaying palms and the soft rustle of trade winds through the tropical canopy. Inside, Unit 337 offers something rare among Kona Islander Inn studios: an open, airy floor plan that flows freely between the living area and kitchenette, without the dividing wall found in most units. The result is a space that feels meaningfully larger than its square footage suggests, is easier to move through, is more inviting to come home to, and is noticeably more appealing to guests who've stayed in other units at the property. Warm neutral tones and tile floors set a relaxed island mood. Offered furnished and move-in ready. Monthly maintenance fees cover water, electricity, trash service, basic cable, and high-speed internet.

75-5776 Kuakini Highway Unit 337, KAILUA KONA

Listing courtesy of COMPASS.

$205,000
1 Baths ⋅ 730580 MLS ⋅ ['Leasehold'] Tenure ⋅ Kona Islander Inn BLDG.
This is a leasehold property. This active Short-Term Vacation Rental at the Kona Islander Inn has a documented booking history and steps into your portfolio on day one. Perfectly positioned in the heart of Kailua Village, this 372 sqft studio delivers the authentic Kona lifestyle in one of the most walkable locations on the Big Island. Guests walk to everything: waterfront dining, boutique shops, manta ray night dives, and the iconic energy of Alii Drive. No car needed. Resort-style amenities, a sparkling pool, hot tub, lush tropical gardens, BBQ grills, and a front desk team that handles guest check-ins and check-outs, keeping reviews strong and guests coming back. Whether you're building a portfolio or searching for your own piece of paradise, this turnkey opportunity checks every box. Unit 328 is a second-floor studio in the Lanai building, where swaying palms and the shimmer of the pool below greet you from your private lanai, one of the most serene settings in the complex. Inside, warm island-inspired interiors strike the perfect balance between comfort and style. The bright, open layout flows seamlessly to the lanai, where lush tropical garden views make it easy to linger over morning coffee or an evening glass of wine. Offered furnished and move-in ready. Monthly maintenance fees cover water, electricity, trash service, basic cable, and high-speed internet.

75-5776 Kona Islander Inn Unit 328, KAILUA KONA

Listing courtesy of COMPASS.

$249,000
1 Baths ⋅ 730579 MLS ⋅ ['Leasehold'] Tenure ⋅ Kona Islander Inn BLDG.
This is a leasehold property. This nearly oceanfront active Short-Term Vacation Rental at the Kona Islander Inn has a documented booking history and steps into your portfolio on day one. Perfectly positioned in the heart of Kailua Village, this 372 sqft studio delivers the authentic Kona lifestyle in one of the most walkable locations on the Big Island. Guests wake up steps from the Pacific and walk to everything: waterfront dining, boutique shops, manta ray night dives, and the iconic energy of Alii Drive. No car needed. Resort-style amenities, a sparkling pool, a hot tub, lush tropical gardens, BBQ grills, and a front desk team that handles guest check-ins and check-outs, keeping reviews strong and guests coming back. Whether you're building a portfolio or searching for your own piece of paradise, this turnkey opportunity checks every box. Unit 144 sits in the coveted Kauai building, ground floor, nearly oceanfront, with the sound of the Pacific greeting you before you've opened your eyes. Step onto your private lanai and take in the ocean views with your morning coffee. Waterfront dining, boutique shopping, beaches, and the energy of Kailua Village are all at your feet. Kona Pier is just a stroll away, perfect for sunset happy hours, fishing charters, and everything in between. Whether this becomes your highest-performing asset or your personal island escape, Unit 144 delivers both without compromise. Offered furnished and move-in ready. Monthly maintenance fees cover water, electricity, trash service, basic cable, and high-speed internet.

75-5776 Kona Islander Inn Unit 144, KAILUA KONA

Listing courtesy of COMPASS.

$340,000
1 Beds ⋅ 1 Baths ⋅ 729223 MLS ⋅ ['Leasehold'] Tenure ⋅ Kona Makai BLDG.
This is a leasehold property. Check out the virtual tour today! Welcome to the lovely oceanfront complex at Kona Makai! This is an adorable one bedroom, one bathroom unit with DOUBLE lanais and an upstairs loft for additional space! Enjoy the lovely ocean breeze when you open your sliding glass doors to your covered back lanai, with peekaboo ocean horizon views. Spacious bedroom with an additional covered lanai; step outside to enjoy your morning coffee or tea, or simply unwind in the evening. Upstairs loft is currently set up as a bedroom / office space, with two additional storage spaces. This unit has not been used as a short term vacation rental, so no additional wear & tear, but can easily be permitted as one if desired! Kona Makai is a wonderful complex with plenty of amenities to enjoy, which include the private pool, "beach" seating area by the ocean, barbecue area and tennis courts. Parking is both covered and uncovered; your unit is located closest to the covered parking! Kona Makai is located just minutes from Historic Kailua Kona Village where you can enjoy oceanside dining, shopping, and all sorts of water activities including relaxing on the beach or outrigger canoe paddling! Go on the famous manta ray dives, Body Glove Tours, UFO Parasailing, and so much more! Don't miss out the chance to see this unit today!

75-6026 Alii Dr Unit 3304, KAILUA KONA

Listing courtesy of COMPASS.

$499,000
5 Beds ⋅ 3 Baths ⋅ 727411 MLS ⋅ ['Leasehold'] Tenure
This is a leasehold property. Set on approximately 0.7 acres, this 2,168 sq ft home is surrounded by mature vegetation, offering privacy with no neighbors in sight. Located at the end of a shared driveway, the setting provides a peaceful atmosphere while remaining just minutes from town conveniences. The home features two distinct living areas, creating flexibility for extended family, guests, or rental potential. Upstairs, a freshly painted, spacious 3-bedroom, 2-bath layout includes two large flex rooms ideal for an office, gym, or additional living space. The kitchen is appointed with granite countertops and opens to a generous covered lanai for outdoor living and enjoying the ocean breeze and year-round temperate climate. The easily fenced side yard is ideal for pets. The ground level offers a comfortable 2-bedroom, 1-bath configuration with a large living area and full kitchen, also recently painted. This level opens directly to a lush, wooded yard with excellent elevation for gardening and growing a variety of tropical fruits. Exterior stairs on the mauka side connect both levels. Additional features include a 2-car carport with ample storage, laundry area, and workshop space. Conveniently located in Keauhou Mauka, just minutes from the amenities of Keauhou, Kona Community Hospital, and ocean access offered at Keauhou Bay, Kahaluʻu Beach Park, and Magic Sands Beach Park. Approximately 15 minutes to the airport and Costco. Leasehold: Privately held lease with expiration on May 30, 2040 (non-renewable). Current lease rent is $6,000 annually. This presents a unique opportunity to secure fixed housing costs while enjoying the benefits of homeownership in a highly desirable Kona location. **Check out the fly-through video: https://player.vimeo.com/video/1189121870

78-6929 Mamalahoa Hwy, HOLUALOA

Listing courtesy of Hawaii Life.

$1,200,000
5 Beds ⋅ 4 Baths ⋅ 729664 MLS ⋅ ['Leasehold'] Tenure
This is a leasehold property. This exceptionally private 8-acre agricultural estate blends refined living with a fully established, income-producing coffee and macadamia nut farm. Set at the end of a double-gated road running the length of the property, with no neighbors in sight. The complex features 5 bedrooms and 4 bathrooms across thoughtfully designed ground-level structures connected by covered walkways. Five outdoor lanais, a hot tub, and a 42-foot lap pool with Trex decking create a resort-like setting ideal for daily living and entertaining. The land is level, fully fenced, and enhanced by mature landscaping, including ~ 50 stately palms, irrigated lawns, and productive orchards—creating a park-like setting year-round. Designed for both lifestyle and agricultural use, the property includes dedicated spaces: a coffee roasting room, packing and shipping area, bakery, shop, and equipment storage. Three covered parking spaces and room for additional farm vehicles. Ag inventory includes 4,000+ coffee trees, 120 macadamia nut trees, and fruit trees including avocado, mango, banana, breadfruit, and guava. Recent improvements include a remodeled kitchen and select bathrooms with granite countertops, fresh interior and exterior paint, new appliances, and updated lighting and fixtures. Multiple water heating systems and extensive outdoor lighting enhance efficiency and usability. The long-term farm manager is available for continuity. A unique opportunity for those seeking privacy and an estate suited for multi-generational living, agricultural income, or a retreat lifestyle. Minutes from the City of Refuge and some of the best ocean access for water sports in the state. Nearby beaches include Ho‘okena, Manini, Ke‘ei, and Kealakekua Bay. ** KSBE Ag LH properties require a 100% cash purchase ** Escrows typically take approximately 6 months to close ** Check out the fly-through video: https://player.vimeo.com/video/1187813841

83-5369 Manako Rd, CAPTAIN COOK

Listing courtesy of Hawaii Life.

$395,000
6 Beds ⋅ 4 Baths ⋅ 730020 MLS ⋅ ['Leasehold'] Tenure
This is a leasehold property. Two houses on 3.8 Acre Farm with Coffee and various fruit trees. Located high up near the end of Rabbit Hill Rd. Fantastic ocean views. The lower house is 3 bedroom, 2 bathroom recently remodeled. The middle level has a small 1 bedroom, 1 bathroom unit that has bee used for worker's quarters. The upstairs house is 2 bedroom, 1 bathroom recently remodeled. Annual lease rent is only $2,152. The lease goes on to July 1, 2044. Seller has installed a new Septic system that was required by the Lessor.

83-5749 Rabbit Hill Rd, CAPTAIN COOK

Listing courtesy of Kona Resort Properties.

$250,000
729770 MLS ⋅ ['Leasehold'] Tenure
This is a leasehold property.Rare opportunity to acquire a 5-acre leasehold agricultural property in Pāhoa Agricultural Park, fully developed and previously operated as a successful orchid nursery with established infrastructure and production capacity. The property features approximately 25,000 sq ft of greenhouse space across 12 covered structures, along with 50 State of Hawaiʻi-certified benches. All greenhouses are connected to an automated irrigation system with a Dosatron fertilizer proportioner, creating an efficient, turnkey setup for continued nursery or agricultural operations. Additional improvements include a 40' shipping container and multiple outbuildings, including a common area and outdoor kitchen equipped with two refrigerators, washing machine, and multiple on-demand hot water heaters. Established inventory includes over 40,000 orchid plants (Dendrobium, Vanda, Oncidium, and Cattleya), approximately 2,000 white pineapples, mature fruit trees, and a vegetable garden, offering immediate production potential. Level, usable land with paved access and convenient proximity to Pāhoa town. Property is serviced by HELCO electricity and county water (Buyer to verify). This is a State of Hawaiʻi Department of Agriculture leasehold property (General Lease) with base lease rent of approximately $1,800 per year. Lease term commenced in 2007 for 45 years, with rent reopening provisions. Buyer to verify all lease terms, permitted uses, and requirements. Use is restricted to agricultural purposes. Assignment subject to State approval, and Buyer must meet qualification requirements.

15-1300 Auina St, PAHOA

Listing courtesy of eXp Realty.

$175,000
1 Baths ⋅ 729487 MLS ⋅ ['Leasehold'] Tenure ⋅ Kona West BLDG.
This is a leasehold property. Enjoy this Furnished and Updated Studio at Kona West #203 - A popular rental area, this unit has been nicely updated with Bamboo Flooring, Lots of Built-In furnishings including Murphy Bed, Kitchenette Cabinets, Full-Length & Designer Mirrors, Mounted TV, Air-Conditioning unit and so much more! Updated with Beautiful Granite Countertops at Kitchenette and Bath, plus a Refrigerator and Induction Cooktop, Tropical style furnishings including a Teak Bar-Style Dining, Laminate Flooring in the Bath area, Privacy awnings and Wardrobe cabinet, and much more! Lanai Views of the Ocean, Seasonal Sunsets, Sunrises over the Hualalai Mountain Slope, and Kona Town activities. Located in a popular Short Term Vacation Rental Resort zoned area, close to town, restaurants, shopping, Kailua Pier, and an exciting Outdoor Active Lifestyle, You and your guests are sure to enjoy this prime location! Maintenance Fees Include: Electricity, Water, Spectrum Cable/Wifi, Trash, Common Area/Building Maintenance including Pool Deck, BBQ Grill, Dining & Lounging Areas, Hot Tub, Landscaping, Coin-Operated Laundry Room, Community Bulletin Board, Mailbox Bank, and more! Open Parking area with One unassigned Parking Permit, Visitor Parking, Car Wash Stall, some Under-Building Stalls, and Video-Monitored areas.

75-5680 Kuakini Hwy Unit 203, 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.