1 Bed
1 Bath
615 SqFt
1 Bed
1 Bath
615 SqFt
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 615 sqft
Price per Sqft $177
Subdivision Kahului 1St & 2Nd
MLS Listing ID 722620
Bedrooms 1
Full Baths 1
HOA Fees $1,104/mo
HOA Y/N Yes
Rental Info 412
Year Built 1973
Annual Tax Amount $5,321
Tax Year 2024
Property Sub-Type Condominium
Source Hawaii Information Service
Property Description
Tiki Ali‘i Retreat – Ali‘i Villas #216
Kailua-Kona, Hawai‘i – Big Island
Leasehold | Active Short-Term Vacation Rental (STVR License Transferable)
Own a slice of paradise at the popular oceanfront Ali‘i Villas in Kailua-Kona!
Welcome to Unit #216, affectionately known as the Tiki Ali‘i Retreat – a busy, licensed vacation rental being sold turnkey furnished. This 1-bedroom, 1-bath walk-up condo is located on the quiet south side of the complex and features a relaxing garden view, perfect for enjoying Kona's breathtaking sunsets.
This is a leasehold property, with the current lease expiring in 2029. The fee is available for purchase as of June 2025 for $404,000, with a $4,000 monthly increase in price thereafter if not purchased by the seller or new owner. Lease fee purchase can be completed simultaneously with the condo purchase.
Step into an open-concept living, kitchen, and dining area, where sliding doors open to a spacious lanai that welcomes ocean breezes and island vibes. Enjoy al fresco dining, morning coffee, or sunset cocktails on the private lanai.
Features include:
Full-size washer & dryer
Updated ceiling fans
Ample storage for beach gear
Pet-friendly (one small dog or cat allowed w/ board approval)
Fully licensed and transferable STVR – start earning income immediately
Ali‘i Villas Amenities:
Solar-heated saltwater pool
Oceanfront BBQ area & sunset viewing deck
Lush tropical landscaping
Library & common areas
Walking distance to restaurants, shops & activities in Kona town
Monthly HOA Fees Include:
Water, garbage collection, basic cable, internet, and exterior/common area maintenance.
Don't miss this rare opportunity to own a turnkey vacation rental or your own personal getaway along the famous Ali‘i Drive!
Location
State HI
Community Kahului 1St & 2Nd
Area Hi
Building/Complex Name ALII VILLAS
Zoning V-1.25
Region North Kona
City Region North Kona
Interior
Flooring Carpet
Appliance Dishwasher, Microwave, Other, Range, Refrigerator
Exterior
Parking Features Assigned
Pool Gunite, In Ground
Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Connected
View Y/N Yes
View Garden
Garage No
Private Pool Yes
Land Tenure Leasehold
Waterfront YN false
Building
Project ALII VILLAS
Others
Ownership CPR
Monthly Total Fees $1, 104
Acceptable Financing 1031 Exchange, Cash
Listing Terms 1031 Exchange, Cash
Special Listing Condition Leasehold, Standard
