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74-5618 Palani Rd Unit E8, Kailua-Kona, HI, 96740

$275,000

Home List Price

$3,266*

Closing Credit

2 Bedrooms
1 Full Bath
616 SqFt
$446/SqFt
Condo
Schools Nearby

Location

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74-5618 Palani Rd Unit E8, North Kona$275,000

Buyer Closing Credits

$3,266*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned
Year Built1969
ViewOcean, City
Private PoolYes
MLS #709212
StatusActive

About 74-5618 Palani Rd Unit E8

This is a LEASEHOLD property.<br>CASH BUYERS ONLY<br>Step into opportunity. Beautifully remodeled 2-bedroom, condo with ocean views and a desirable Kona location. Currently a Popular and Profitable STVR with 2023 Gross rental income over $70,000.<br>KEY FEATURES:<br>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.<br>OCEAN VIEWS: Enjoy awe-inspiring vistas of the sparkling ocean from the comfort of your private balcony. Each sunrise and sunset paints a picturesque scene, creating unforgettable moments for guests to cherish.<br>EXQUISITE REMODEL: Meticulously redesigned with modern elegance. From sleek luxury vinyl plank floors to designer fixtures, every detail has been carefully chosen to offer an interior space of luxury, comfort, and function.<br>ACCOMMODATIONS: With two bedrooms, including a primary bedroom overlooking the ocean, guests can unwind in comfort. Each bedroom has a large closet and an individual air conditioner.<br>KITCHEN: Fully-equipped kitchen, complete with stainless steel appliances, granite countertops, and ample cabinet space.<br>AMENITIES: A sparkling swimming pool, laundry center, assigned parking, and lush tropical landscaping.<br><br>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.

Property Details

Property Features

Property Information:

  • Year Built: 1969
  • Living Area: 616 SqFt

Listing Office:

  • Office Name: Hawaii Real Estate Group LLC

Interior Features

Interior Information:

  • Appliances: Microwave, Refrigerator, Range Hood
  • Flooring Type: Carpet

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: Ocean, City

Parking Information:

  • Parking: Assigned

School Info

Assigned Schools Information:

  • Kealakehe High School, Public District Grades 9-12
  • Kealakehe Intermediate School, Public District Grades 6-8
  • Kahakai Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $275,000
  • Price Per SqFt: $446/SqFt

HOA Fees:

  • Amount: $0
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in North Kona, HI.

Med. List Price

$875K

Med. Price/SqFt

$595

Avg. Days On Market

739

# of Sold Homes

1

74-5618 Palani Rd Unit E8 vs North Kona

32 DAYS ON ROCKET

-707 Days

$275,000

-$600K Less

$446/SqFt

-$150 Less

KEY TAKEAWAY

This property is $600K less than the Median List Price and $150/SqFt less than other homes in North Kona, HI.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #709212

Listing Office:

  • Office Name: Hawaii Real Estate Group LLC

IDX © 2024 MLS Hawaii, Inc. All rights reserved.
By searching, you agree to the EULA Terms Agreement.

Those properties marked with Hawaii Information Service's icon are provided courtesy of Hawaii Information Service Multiple Listing Service™ system. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 7:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,440

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$891

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4093478
5
/10
  • Kahakai Elementary School

  • 76-147 Royal Poinciana Dr

  • 2.47 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4093479
3
/10
  • Kealakehe Intermediate School

  • 74-5062 Onipaa St

  • 2.15 miles

  • Public District Grades 6-8

High School

school-card-donut-4093480
3
/10
  • Kealakehe High School

  • 74-5000 Puohulihuli St

  • 1.93 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $64,605. Most North Kona, HI residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 74-5618 Palani Rd Unit E8

What is the listing price of this property?

The listing price of 74-5618 Palani Rd Unit E8 property is $275,000.

What type of property is this?

The property 74-5618 Palani Rd Unit E8 is a condo located in Kailua-Kona, Hawaii, 96740.

Is this property for sale now?

Active Listing: 74-5618 Palani Rd Unit E8 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 74-5618 Palani Rd Unit E8 are:
Kahakai Elementary School: GreatSchools Rating 5/10
Kealakehe Intermediate School: GreatSchools Rating 3/10
Kealakehe High School: GreatSchools Rating 3/10

How many bedrooms and bathrooms does this property have?

The property at 74-5618 Palani Rd Unit E8 has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 74-5618 Palani Rd Unit E8 is 616 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 74-5618 Palani Rd Unit E8 is 1969.

Rocket HomesHawaiiHawaii CountyNorth Kona9674074-5618 Palani Rd Unit E8

This home is located at 74-5618 Palani Rd Unit E8 in Kailua-Kona, HI and zip code 96740. This 616 square foot home was built in 1969. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 30, 2024 and is currently priced at $275,000.

The number of homes for sale in North Kona, HI increased by 1.1% between February 2024 and March 2024. The median list price of listings available in March 2024 was $875,027, while the average time on the real estate market was 739 days.

From Rocket Homes Real Estate and based on county public records data.

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