Real Estate Investment Properties for Sale in Kailua Kona, HI

Looking for investment property in Kailua Kona, HI with high ROI ?

Explore a variety of short-term homes & houses in Kailua Kona, HI. Invest wisely with VRBO & Kailua Kona, HI Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Kailua Kona, HI

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
77-153 Hooilina Ct Kailua Kona, HI Just a short distance from Magic Sands Beach and the shoreline, this home offers comfortab...	3 beds \| 2 baths \| 1,360 sq.ft.	$1,299,000	Airbnb cash on cash: 1.04% Traditional cash on cash: 1.24% Airbnb Rental Income: $3914 Traditional Rental Income: $3306 Airbnb ROI: 1.04% Traditional ROI: 1.24%
75-665 KULA KAI PL Kailua Kona, HI Seller is also the listing agent. Seller may finance at 4.85% with 55% down payment. See n...	4 beds \| 3 baths \| 2,696 sq.ft.	$2,695,000	Airbnb cash on cash: 0.69% Traditional cash on cash: 0.43% Airbnb Rental Income: $6738 Traditional Rental Income: $4763 Airbnb ROI: 0.69% Traditional ROI: 0.43%
75-6040 ALII DR unit: 108 #108 Kailua Kona, HI Here is a rare opportunity to own one of the largest, rarely available, fully furnished re...	3 beds \| 3 baths \| 2,546 sq.ft.	$2,399,000	Airbnb cash on cash: -2.41% Traditional cash on cash: -1.37% Airbnb Rental Income: $3914 Traditional Rental Income: $5377 Airbnb ROI: -2.41% Traditional ROI: -1.37%
75-6060 Kuakini Hwy #G2 Kailua Kona, HI Welcome to your slice of paradise â an ocean view retreat! Nestled in a low-density, gat...	2 beds \| 2 baths \| 981 sq.ft.	$595,000	Airbnb cash on cash: 1.57% Traditional cash on cash: 2.79% Airbnb Rental Income: $2958 Traditional Rental Income: $2953 Airbnb ROI: 1.57% Traditional ROI: 2.79%
78-7018 MOLOLANI ST Kailua Kona, HI Set within prestigious Bayview Estates, this home blends luxury, privacy, and effortless i...	3 beds \| 5 baths \| 2,679 sq.ft.	$2,700,000	Airbnb cash on cash: -0.2% Traditional cash on cash: 0.89% Airbnb Rental Income: $3914 Traditional Rental Income: $5795 Airbnb ROI: -0.2% Traditional ROI: 0.89%
78-6984 KEWALO PL Kailua Kona, HI Elegant single-level luxury home in the prestigious Bayview Estates! This luxury home gree...	3 beds \| 3 baths \| 2,000 sq.ft.	$2,200,000	Airbnb cash on cash: -0.53% Traditional cash on cash: 0.11% Airbnb Rental Income: $3914 Traditional Rental Income: $4388 Airbnb ROI: -0.53% Traditional ROI: 0.11%
75-5865 WALUA RD unit: E631 #E631 Kailua Kona, HI Discover the charm of Kona Pacific, where convenience meets tranquility! Just a short stro...	1 beds \| 2 baths \| 829 sq.ft.	$655,000	Airbnb cash on cash: -0.51% Traditional cash on cash: 0.78% Airbnb Rental Income: $2240 Traditional Rental Income: $2462 Airbnb ROI: -0.51% Traditional ROI: 0.78%
77-6471 KILOHANA ST Kailua Kona, HI Immerse yourself in breathtaking ocean views from this Sunset View Terrace home. Perched a...	3 beds \| 2 baths \| 1,774 sq.ft.	$1,175,000	Airbnb cash on cash: 0.9% Traditional cash on cash: 1.58% Airbnb Rental Income: $3914 Traditional Rental Income: $3814 Airbnb ROI: 0.9% Traditional ROI: 1.58%
75-6222 HOOKUKU MOHO PL Kailua Kona, HI Modern Single-level home in Pualani Estates. Perched on a hillside roughly 2.5 miles south...	3 beds \| 2 baths \| 1,265 sq.ft.	$950,000	Airbnb cash on cash: 1.98% Traditional cash on cash: 2.2% Airbnb Rental Income: $3914 Traditional Rental Income: $3268 Airbnb ROI: 1.98% Traditional ROI: 2.2%
73-4368 Kapuahi St Kailua Kona, HI Welcome to 73-4368 Kapuahi Street, a beautiful Big Island home in Kona with a prime locati...	3 beds \| 2 baths \| 1,528 sq.ft.	$1,410,000	Airbnb cash on cash: 1.14% Traditional cash on cash: 1.51% Airbnb Rental Income: $3914 Traditional Rental Income: $3552 Airbnb ROI: 1.14% Traditional ROI: 1.51%
75-5781 IUNA PL Kailua Kona, HI If you are looking for a home that offers many opportunities in a comfortable and convenie...	4 beds \| 4 baths \| 2,258 sq.ft.	$1,150,000	Airbnb cash on cash: 2.95% Traditional cash on cash: 2.18% Airbnb Rental Income: $6738 Traditional Rental Income: $4605 Airbnb ROI: 2.95% Traditional ROI: 2.18%
76-6246 Alii Dr #224 Kailua Kona, HI RARELY AVAILABLE Oceanfront 1-Bedroom Condo at Kona Bali Kai on Historic Alii Drive! Wake ...	1 beds \| 1 baths \| 651 sq.ft.	$725,000	Airbnb cash on cash: 0.63% Traditional cash on cash: 1.17% Airbnb Rental Income: $2240 Traditional Rental Income: $2041 Airbnb ROI: 0.63% Traditional ROI: 1.17%
71-1769 PUU LANI DR Kailua Kona, HI At a comfortably cool 2260' elevation w/ breathtaking views of Mauna Kea, you can watch th...	4 beds \| 4 baths \| 3,056 sq.ft.	$1,549,000	Airbnb cash on cash: 2.21% Traditional cash on cash: 2.43% Airbnb Rental Income: $6738 Traditional Rental Income: $5748 Airbnb ROI: 2.21% Traditional ROI: 2.43%
78-124 HOLUAKAI ST Kailua Kona, HI Fronting the lush fairway of Kona Country Club's course, this beautifully finished 3-bed /...	3 beds \| 3 baths \| 2,758 sq.ft.	$2,795,000	Airbnb cash on cash: -0.32% Traditional cash on cash: 0.43% Airbnb Rental Income: $3914 Traditional Rental Income: $5025 Airbnb ROI: -0.32% Traditional ROI: 0.43%
75-5521 KONA BAY DR Kailua Kona, HI Seize the opportunity to acquire a custom-built, three-level luxury residence holding a tr...	4 beds \| 4 baths \| 3,998 sq.ft.	$3,798,000	Airbnb cash on cash: -0.27% Traditional cash on cash: 0.09% Airbnb Rental Income: $6738 Traditional Rental Income: $6697 Airbnb ROI: -0.27% Traditional ROI: 0.09%
71-1757 Puu Lani Dr Kailua Kona, HI Perfection in Puu Lani Ranch! Immaculate 3 Bedroom, 2.5 Bath single-level custom home is...	3 beds \| 3 baths \| 2,364 sq.ft.	$1,450,000	Airbnb cash on cash: 1.19% Traditional cash on cash: 2.22% Airbnb Rental Income: $3914 Traditional Rental Income: $4468 Airbnb ROI: 1.19% Traditional ROI: 2.22%
77-277 WIKOLIA ST Kailua Kona, HI Welcome home to your tropical Hawaii paradise. Every detail of the home has been thoughtfu...	3 beds \| 2 baths \| 2,172 sq.ft.	$1,199,000	Airbnb cash on cash: 1.2% Traditional cash on cash: 2.41% Airbnb Rental Income: $3914 Traditional Rental Income: $4416 Airbnb ROI: 1.2% Traditional ROI: 2.41%
75-195 ALA ONAONA ST Kailua Kona, HI INVESTMENT OPPORTUNITY - 6% CAP RATE Rare Multi-Building Income Property in the Heart of K...	4 beds \| 4 baths \| 3,467 sq.ft.	$1,195,000	Airbnb cash on cash: 1.2% Traditional cash on cash: 4.15% Airbnb Rental Income: $3914 Traditional Rental Income: $6347 Airbnb ROI: 1.2% Traditional ROI: 4.15%
78-7030 ALII DR unit: 405 #405 Kailua Kona, HI Seller is motivated!! Ocean View 2 Bed, 2 Bath Condo located in Keauhou Escape to a peacef...	2 beds \| 2 baths \| 932 sq.ft.	$626,000	Airbnb cash on cash: 0.3% Traditional cash on cash: 0.92% Airbnb Rental Income: $2958 Traditional Rental Income: $2642 Airbnb ROI: 0.3% Traditional ROI: 0.92%
75-5681 KUAKINI HWY unit: 305 #305 Kailua Kona, HI Discover modern island living in this beautifully upgraded top-floor one-bedroom, one-bath...	1 beds \| 1 baths \| 753 sq.ft.	$515,000	Airbnb cash on cash: -0.48% Traditional cash on cash: 0.63% Airbnb Rental Income: $2240 Traditional Rental Income: $2212 Airbnb ROI: -0.48% Traditional ROI: 0.63%
74-5156 PUUHALO ST Kailua Kona, HI Welcome to this charming and well-maintained 3 bedroom, 1 bathroom home ideally located ne...	3 beds \| 2 baths \| 1,344 sq.ft.	$749,900	Airbnb cash on cash: 2.32% Traditional cash on cash: 2.76% Airbnb Rental Income: $3914 Traditional Rental Income: $3380 Airbnb ROI: 2.32% Traditional ROI: 2.76%
75-5855 Walua Rd APT 20 Kailua Kona, HI	1 beds \| 1 baths \| 800 sq.ft.	$399,900	Airbnb cash on cash: 1.25% Traditional cash on cash: 0.85% Airbnb Rental Income: $2240 Traditional Rental Income: $1528 Airbnb ROI: 1.25% Traditional ROI: 0.85%
75-5811 NANI KAILUA PL Kailua Kona, HI Situated on a large beautifully maintained lot this exceptional residence captures the ess...	2 beds \| 2 baths \| 1,388 sq.ft.	$1,050,000	Airbnb cash on cash: 0.84% Traditional cash on cash: 1.94% Airbnb Rental Income: $2958 Traditional Rental Income: $3353 Airbnb ROI: 0.84% Traditional ROI: 1.94%
75-6106 Alii Dr Kailua Kona, HI Excellent vacation rental, and ready to become yours! Best priced unit in popular Kona By ...	2 beds \| 2 baths \| 920 sq.ft.	$670,000	Airbnb cash on cash: 0.85% Traditional cash on cash: 0.42% Airbnb Rental Income: $2958 Traditional Rental Income: $2004 Airbnb ROI: 0.85% Traditional ROI: 0.42%
76-6176 HOLUALOA BEACH RD Kailua Kona, HI A chance to own a Lovely Beach house, set off of Alii Drive yet close to the ocean with po...	3 beds \| 3 baths \| 1,481 sq.ft.	$1,250,000	Airbnb cash on cash: 1.24% Traditional cash on cash: 1.71% Airbnb Rental Income: $3914 Traditional Rental Income: $3619 Airbnb ROI: 1.24% Traditional ROI: 1.71%
75-6124 ALII DR unit: 208 #208 Kailua Kona, HI Welcome Home! This condo has been lovingly cared for by the same owner for over 20 years. ...	1 beds \| 1 baths \| 830 sq.ft.	$599,000	Airbnb cash on cash: -0.83% Traditional cash on cash: 0.27% Airbnb Rental Income: $2240 Traditional Rental Income: $2296 Airbnb ROI: -0.83% Traditional ROI: 0.27%
78-216 MAKOLEA ST unit: 32 #32 Kailua Kona, HI Welcome to your slice of paradise at your condo in Makolea in sunny Keauhou! This fully fu...	1 beds \| 1 baths \| 480 sq.ft.	$450,000	Airbnb cash on cash: 0.08% Traditional cash on cash: -0.28% Airbnb Rental Income: $2240 Traditional Rental Income: $1523 Airbnb ROI: 0.08% Traditional ROI: -0.28%
78-122 HOLUAKAI ST Kailua Kona, HI Welcome to 78-122 Holuakai, a resort zoned, short term vacation rental property in the gat...	3 beds \| 3 baths \| 1,887 sq.ft.	$2,450,000	Airbnb cash on cash: -0.62% Traditional cash on cash: -0.61% Airbnb Rental Income: $3914 Traditional Rental Income: $3080 Airbnb ROI: -0.62% Traditional ROI: -0.61%
73-1402 HIKIMOE ST Kailua Kona, HI Enter via a gated Palm Tree lined drive to a dramatic custom home with soaring ceilings, 2...	5 beds \| 6 baths \| 4,140 sq.ft.	$2,900,000	Airbnb cash on cash: -0.03% Traditional cash on cash: 1.29% Airbnb Rental Income: $4723 Traditional Rental Income: $7278 Airbnb ROI: -0.03% Traditional ROI: 1.29%
77-6585 SEAVIEW CIRCLE unit: 104 #104 Kailua Kona, HI Recently, the complex underwent a significant upgrade, including the installation of a bra...	2 beds \| 2 baths \| 1,050 sq.ft.	$489,000	Airbnb cash on cash: 1.38% Traditional cash on cash: 1.08% Airbnb Rental Income: $2958 Traditional Rental Income: $2142 Airbnb ROI: 1.38% Traditional ROI: 1.08%
77-422 PELENIKE DR Kailua Kona, HI Experience refined island living in this exceptional 3 bedroom and 3 bath residence. This ...	3 beds \| 3 baths \| 3,041 sq.ft.	$2,375,000	Airbnb cash on cash: -0.04% Traditional cash on cash: 0.07% Airbnb Rental Income: $3914 Traditional Rental Income: $3321 Airbnb ROI: -0.04% Traditional ROI: 0.07%
74-5618 PALANI RD unit: K4 #K4 Kailua Kona, HI This is a leasehold property. Prime location! Kona Kai condominiums is in walking distance...	1 beds \| 1 baths \| 535 sq.ft.	$110,000	Airbnb cash on cash: 5.1% Traditional cash on cash: 8.2% Airbnb Rental Income: $2240 Traditional Rental Income: $2008 Airbnb ROI: 5.1% Traditional ROI: 8.2%
73-1749 HAO ST Kailua Kona, HI Estate property on 6.5 acres of rare cloud forest in Kailua Kona, Hawaii. Located at an el...	5 beds \| 5 baths \| 4,171 sq.ft.	$3,700,000	Airbnb cash on cash: -0.31% Traditional cash on cash: 0.33% Airbnb Rental Income: $4723 Traditional Rental Income: $5942 Airbnb ROI: -0.31% Traditional ROI: 0.33%
78-7043 Mololani St Kailua Kona, HI Perched above the Kona coast in the gated community of Bayview Estates, this single-level ...	3 beds \| 4 baths \| 3,049 sq.ft.	$3,160,000	Airbnb cash on cash: -0.28% Traditional cash on cash: 0.76% Airbnb Rental Income: $3914 Traditional Rental Income: $6109 Airbnb ROI: -0.28% Traditional ROI: 0.76%
73-1153 Ahikawa Street Kailua Kona, HI Are you looking for a Multi-Family and/or an Income Property? One Lot with Two Updated Hom...	N/A beds \| N/A baths \| N/A	$1,675,000	Airbnb cash on cash: -0.59% Traditional cash on cash: -0.59% Airbnb Rental Income: $2705 Traditional Rental Income: $2060 Airbnb ROI: -0.59% Traditional ROI: -0.59%
77-6451 MARLIN RD Kailua Kona, HI Gorgeous custom built, this home sits tall in the birds view with expansive ocean views fr...	5 beds \| 4 baths \| 3,472 sq.ft.	$1,700,000	Airbnb cash on cash: 0.47% Traditional cash on cash: 2.3% Airbnb Rental Income: $4723 Traditional Rental Income: $6631 Airbnb ROI: 0.47% Traditional ROI: 2.3%
73-4568 OHIANANI PL Kailua Kona, HI Nestled within the lush embrace of Kaloko, Pa'ina Place offers a serene escape on the slop...	3 beds \| 5 baths \| 2,844 sq.ft.	$3,300,000	Airbnb cash on cash: -0.11% Traditional cash on cash: 0.68% Airbnb Rental Income: $3914 Traditional Rental Income: $5498 Airbnb ROI: -0.11% Traditional ROI: 0.68%
75-123 LUNAPULE RD unit: 107 #107 Kailua Kona, HI Welcome home to this beautifully maintained and recently renovated 2-bedroom, 2-bathroom c...	2 beds \| 2 baths \| 882 sq.ft.	$615,000	Airbnb cash on cash: -0.05% Traditional cash on cash: 0.9% Airbnb Rental Income: $2958 Traditional Rental Income: $2822 Airbnb ROI: -0.05% Traditional ROI: 0.9%
78-6920 ALII DR unit: 219 #219 Kailua Kona, HI Discover tranquility just moments away from the vibrant heart of Kailua-Kona, in this char...	2 beds \| 2 baths \| 1,000 sq.ft.	$775,000	Airbnb cash on cash: -0.72% Traditional cash on cash: 0.13% Airbnb Rental Income: $2958 Traditional Rental Income: $2897 Airbnb ROI: -0.72% Traditional ROI: 0.13%
71-1410 PUU KAMANU LN Kailua Kona, HI FANTASTIC VALUE- ADDITIONAL PRICE REDUCTION OF $50,900!! NOW LISTED AT $1,849,000!! TURNKE...	4 beds \| 6 baths \| 4,676 sq.ft.	$1,849,000	Airbnb cash on cash: 1.17% Traditional cash on cash: 3.48% Airbnb Rental Income: $6738 Traditional Rental Income: $9385 Airbnb ROI: 1.17% Traditional ROI: 3.48%

Real Estate investment in Kailua-kona, HI

There are 160 properties for sale in the city of Kailua Kona . The median list price in Kailua Kona is $1,050,000 and the average price per square foot is $607. In December 2025, the average monthly cash on cash return in Kailua Kona is 2.00%. The average monthly rental income in Kailua Kona is $3,434.

Kailua-kona, HI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 160 investment properties available for sale in Kailua-kona.

In 2025, the best neighborhood to buy investment property is Kailua Kona.

The ROI for Long-Term is higher than the Short-Term in Kailua-kona with average rental income of $3,434.

Your search for investment property begins and ends here

Investment Property for Sale in Kailua Kona, HI

77-153 Hooilina Ct

Kailua Kona, HI

3 beds | 2 baths | 1,360 sq.ft.

$1,299,000

Airbnb cash on cash: 1.04%

Traditional cash on cash: 1.24%

Airbnb Rental Income: $3914

Traditional Rental Income: $3306

Airbnb ROI: 1.04%

Traditional ROI: 1.24%

75-665 KULA KAI PL

Kailua Kona, HI

4 beds | 3 baths | 2,696 sq.ft.

$2,695,000

Airbnb cash on cash: 0.69%

Traditional cash on cash: 0.43%

Airbnb Rental Income: $6738

Traditional Rental Income: $4763

Airbnb ROI: 0.69%

Traditional ROI: 0.43%

75-6040 ALII DR unit: 108 #108

Kailua Kona, HI

3 beds | 3 baths | 2,546 sq.ft.

$2,399,000

Airbnb cash on cash: -2.41%

Traditional cash on cash: -1.37%

Airbnb Rental Income: $3914

Traditional Rental Income: $5377

Airbnb ROI: -2.41%

Traditional ROI: -1.37%

75-6060 Kuakini Hwy #G2

Kailua Kona, HI

2 beds | 2 baths | 981 sq.ft.

$595,000

Airbnb cash on cash: 1.57%

Traditional cash on cash: 2.79%

Airbnb Rental Income: $2958

Traditional Rental Income: $2953

Airbnb ROI: 1.57%

Traditional ROI: 2.79%

78-7018 MOLOLANI ST

Kailua Kona, HI

3 beds | 5 baths | 2,679 sq.ft.

$2,700,000

Airbnb cash on cash: -0.2%

Traditional cash on cash: 0.89%

Airbnb Rental Income: $3914

Traditional Rental Income: $5795

Airbnb ROI: -0.2%

Traditional ROI: 0.89%

78-6984 KEWALO PL

Kailua Kona, HI

3 beds | 3 baths | 2,000 sq.ft.

$2,200,000

Airbnb cash on cash: -0.53%

Traditional cash on cash: 0.11%

Airbnb Rental Income: $3914

Traditional Rental Income: $4388

Airbnb ROI: -0.53%

Traditional ROI: 0.11%

75-5865 WALUA RD unit: E631 #E631

Kailua Kona, HI

1 beds | 2 baths | 829 sq.ft.

$655,000

Airbnb cash on cash: -0.51%

Traditional cash on cash: 0.78%

Airbnb Rental Income: $2240

Traditional Rental Income: $2462

Airbnb ROI: -0.51%

Traditional ROI: 0.78%

77-6471 KILOHANA ST

Kailua Kona, HI

3 beds | 2 baths | 1,774 sq.ft.

$1,175,000

Airbnb cash on cash: 0.9%

Traditional cash on cash: 1.58%

Airbnb Rental Income: $3914

Traditional Rental Income: $3814

Airbnb ROI: 0.9%