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    76-6271 Alii Dr Kailua Kona, HI 96740

    New
    For Sale
    $3,888,888

    Residential Multi Family, Other - Kailua-Kona, HI

    Property size:
    5,520 SF
    Lot size:
    0.28 Acres
    Days on Market:
    4
    Last Refresh:
    Dec 6 at 3:06 am

    Property Features for 76-6271 Alii Dr

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    16
    Bathrooms
    8
    Size
    5,520 SF
    Lot size
    0.28 Acres

    Building Details

    Year built
    1971
    Architectural style
    Other

    NextHome, Inc

    Listing agent Mike Drutar (808) 731-5242 License #RB-22119,PersonLicenseNumber

    Listing date Dec 3, 2025

    MLS# 725761 Listing URL

    Copyright © 2025 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Alii Drive Multi-Unit Rental

    This multi-unit residential property is located on Alii Drive in Kailua-Kona, Hawaii. The apartment building features 8 units, each containing 2 bedrooms and one bath. The property has a high occupancy rate, with rents approximately ranging from $2,300 to $2,500 per month. Known as Banya Surf, the building is situated across from Banyan's Surf break, near Kona Bali Kai and Banyan Tree Condos. A new ocean access point is currently being created across the street. Each unit is equipped with its own electric meter. Water is included in the monthly rent, as there is one water meter for the entire building. On-site parking is available. The lot size is 0.28 acres and the building size is 5,520 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    Kailua Kona
    County
    Hawaii
    State
    Hawaii
    Longitude
    -155.9758919
    Latitude
    19.606398

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    FAQs

    What type of property is this?
    Apartment building - Multi-unit rental property on Alii Drive in Kailua-Kona, Hawaii.
    Where is this apartment building located?
    The property is located at 76-6271 Alii Dr Kailua Kona, HI.
    What is the asking price?
    The asking price for this property is $3,888,888.
    What are key features of this property?
    This property features: - Rare multi-unit rental property on Alii Drive in Kona.; - Eight 2-bedroom, 1-bath units.; - High occupancy with monthly rents approximately $2,300-$2,500 per unit.
    (808) 731-5242
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    76-6271 Alii Dr Kailua Kona, HI 96740
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