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75-5776 Kuakini Hwy #223 Ka...
Property

1 Ba  372 sf  

Market $no data  

$no data

Assessed$134K
Asking$153K
Market$161K
  1. HI
  2. Big Island
  3. North Kona
  4. Kailua Kona

75-5776 Kuakini Hwy #223 Kailua-Kona HI 96740

This is a leasehold property. Kona Islander Inn is located across from the ocean on Alii Drive!! Superior downtown location! The main entrance is on Kuakini Hwy, but the project also fronts Alii Dr with easy access to nearby shopping, restaurants & entertainment along Alii Dr. The Kailua Post Office, Bowling Alley, Library and the Old Airport beaches are also close! Very convenient, so you really don't need to own a car if you don't want to. The Kona Trolley runs right along Alii Drive too, so you can hitch a ride all the way to Keauhou Shopping Center, as well as up Henry Street to Walmart & Safeway.
This particular unit has not been used as a rental, but the complex does have the coveted resort-hotel zoning, if you choose to use it that way. It is an end unit in the "Lanai" building, which is located nearest to the Lobby. It's been tastefully renovated and is easy to maintain. The floors look like wood but are actually tile. One wall is fully mirrored, giving the illusion of more space, and also reflects the natural light and tropical gardens that wrap around your lanai. It has a convenient kitchenette with a good size fridge, microwave and extendable countertop, if you need a bit more work space. Very clever! The bathroom has mirrored closet doors, a granite vanity countertop and a fully tiled walk-in shower, with nice accent tile and pebble stone floor.
You'll enjoy the pleasant feeling of this studio condominium and the good use of its space. The coin operated laundry facility is nearby too, so everything is quite conveniently located within the Islander complex. Your monthly homeowners dues include: water, sewer, electricity, hot water, cable TV, trash service, landscape & pool maintenance, complex insurance and Leasehold fee, so it's pretty much all inclusive.

Financial

Status
hidden
Asking Price
$169,000 $152,900
Assessed Value
$133,900
Year Assessed
2019
HOA Fees
$811/mo
Property Taxes
$6/mo
Lease Fees
$203/mo
Parcel #
750080030060
Special Assessment
$0/mo

The Basics

Status
Off Market
Property Type
Condo
View
Garden, Remarks
Pool
In Ground, Spa/HotTub
Unit Description
End Unit,Garden

Building

Property Type
Condo
Unit #
223
Baths
1
Living Area
372 sf
Pool
In Ground, Spa/HotTub
Year Built
1969
Design
Concrete
Waste Water
Sewer-Connected
Water
Municipal
Power
Underground
Trash Disposal
Included with Maintenance Fees
Rent Expire
2079

Land

Tenure
Leasehold
Frontage
None, Almost Oceanfront
Elevation
No data
Latitude
19.63650578
Longitude
-155.98986139
Topography
Fairly Level
Roads
County
Zoning
V-.75 - Resort-Hotel District (required land area of 750 square feet, for each dwelling unit, or for each separate rentable unit, or other similar rentable units)
Flood Zone
AE,X
  • Zones beginning with “A” or “V” are high risk. There is at least a 1 in 4 chance of flooding during a 30-year mortgage.
  • Zones beginning with “B”, “C” or “X” are moderate-risk flood zones. The risk of flooding is reduced, but not completely removed.
  • Zones beginning with “D” have undetermined flood hazards or unstudied areas.
Lava Zone
Zone 4 - Includes all of Hualalai, where the frequency of eruptions is lower than that for Kilauea or Mauna Loa. Lava coverage is proportionally smaller, about 5% since 1800, and less than 15% within the past 750 years.
CC&Rs Covenants, Conditions & Restrictions are rules that govern residences.
Yes
Project
Kona Islander Inn
Recordation
Dual
Leasehold Expires
2079

Parking

Vehicle Storage
Unassigned

Amenities

Flooring
Other (remarks)
Inclusions
Blinds, Coin, Microwave, Refrigerator
Internet
Cable
Telephone
Cable
TV
Cable
Heating/Cooling
Window/Wall units