Island of Hawaii > North Kona > Malia Kai #12, Kailua Kona 96740

MALIA KAI #12, KAILUA KONA 96740

North Kona | HIENALOLI 6TH - PUAA 2ND
$549,000 FS MLS# 728726 | ACTIVE
  • CondoType
  • 1Bed
  • 1 Full, 1 HalfBaths
  • 1972Built
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    Malia Kai #12, Kailua Kona 96740

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PROPERTY DESCRIPTION

Tucked away in the quiet back corner of the desirable Malia Kai complex, this Kona condo offers a great mix of privacy, modern upgrades, and vacation rental potential with an active STVR permit already in place. With no neighbors above or below and only one shared wall, the unit has a peaceful feel that’s hard to find this close to town.

Recent updates throughout the condo include:

Flooring
Paint
Artwork
Ceiling fans
Lighting fixtures
Switches
Baseboards and trim
Updated kitchen cabinetry
Quartz counters
Premium appliances
New bathroom vanities
Shower tile
Toilets and fixtures

High vaulted ceilings on the top floor create an open and airy island feel throughout the space.

The current layout is configured as a one bedroom, but it can easily be converted back to the original two bedroom design, offering flexibility for either full-time living or vacation rental use. Two private lanais add to the indoor-outdoor feel of the space and provide plenty of room to relax outside.

The condo is fully equipped with a washer and dryer located off the private carport, along with ample storage space. The active Short-Term Vacation Rental permit creates immediate rental opportunities for either personal use or investment potential.

Malia Kai is a gated boutique complex with only 20 units, featuring a swimming pool, BBQ area with grills, and lush tropical landscaping.

Located in the heart of Kailua-Kona, this condo offers the convenience of being close to town while still feeling tucked away and private. Ocean access nearby and much of town within walking distance make it easy to enjoy the Kona lifestyle full time or as a vacation rental.

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Listed By: Go Luxe Realty

Price $549,000 FS
Bedrooms 1
Bathrooms 1 Full, 1 Half
Property Type Condo
Interior Area 800
Annual Tax $5,366
MLS (Active) 728726
Tax Key 3-7-5-9-9
Year Built 1972
Zone RM-1
Days On Market 1
Pool 1
Assessed Value $458,600
Price sq/ft $686.25
ASSOCIATION Fee $900
Previous Price $549,000

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PROPERTY LOCATION

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Updated: 06/11/2026

LET'S TALK

We are well known along the Kohala Coast for informed and experienced guidance—not only to buyers and sellers but to the development and investor communities as well.

CONTACT US

LET US SHOW YOU THE BIG ISLAND

INQUIRY

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.