69-1000 KOLEA KAI CIR #1E WAIKOLOA HI 96738

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For Sale: fair Deal

Asking Price

$1,599,000

$745/sf

0/ac

Smart Price

$1,440,632

$671/sf

0/ac

Assessed Value

$1,188,900

$554/sf

0/ac

Leave your mainland cares behind when you step through double mahogany doors into “Tropical Paradise” also know as Villa 1E! This property is truly one of a kind it stands-out among the crowd! New stone floors in the bedrooms, along with new area rugs, were installed 10/2020. The decor features “Hawaiian Pacific Rim Fusion” - with whimsical murals that depict tropical flora, fauna, and wildlife. Custom-built furniture includes a pune'ee on the lanai, several items in the great room, & canopied beds. Custom stone flooring and lighting. Spectacular Sunsets with a beautiful view corridor to the Pacific Ocean completes this outstanding package.


This second floor, 3 bedroom, 3 & 1/2 bath unit includes all of the features which make Kolea one of the premier destinations on the Kohala Coast. A semi-private elevator that opens directly into the unit, 9' retractable pocket doors, steel frame construction, African Mahogany trim, a spacious great room with upscale appliances and stone floors, and an outdoor kitchen are all standard features of a Kolea Condominium. There is also a spacious lanai off the great room, as well as a smaller lanai off the master bedroom. The attractive, plantation-style properties are designed for indoor/outdoor living.

Kolea is the only beachfront development in the world-famous Waikoloa Beach Resort. Located adjacent to Anaeho'omalu Bay, the Kolea Beach Club provides owners and guests direct beach access. Within the Beach Club is an infinity pool, workout facility, a children's beach, and the Guest Hales should you require additional space for visitors. Kolea is within walking distance of world-class golf, dining, & shopping. There are two 18 hole golf courses, two shopping centers, as well as an outdoor amphitheater. A short stroll down the beach is the LavaLava Club, a great place to take in the sunset.

1E is a successful vacation rental with a large repeat clientele. Don't miss this opportunity. Live your dream today!

The Basics
Status
For Sale
Property Type
Condo
Beds
3
Full Baths
3
Half Baths
1
Living Area
2,147 sf
Other Sqft
Square Footage of Porch, Lanai, Deck, or other usable floor space
429 sf
Lot Size
0.0 acres
Days on Market
27
View
Coastline, Ocean, Sunset
Land Tenure
Fee Simple
Financial
Tax Assessed Value
$1,188,900
Year Assessed
2020
Terms Acceptable
1031 Exchange, Cash, Conventional
HOA Fees
$2,423/mo
Property Taxes
$1,159/mo
Parcel #
690110190005
Special Assessment
$0/mo
Amenities
Flooring
Stone
Inclusions
Blinds, Dryer, Front Load, Washing Machine, Disposal, Dishwasher, Microwave, Refrigerator, Range/Oven, Wine Cooler
Features
Ceilings-9'+, Elevator, Kitchen-Outdoor, Smoke/Heat Detector
Heating/Cooling
Air Conditioning, Split/Zoned
Land
Elevation
No data
Latitude
19.91906143
Longitude
-155.88795842
Subdivision
KOLEA SUBDIVISION
Roads
Private
Zoning
V-1.25 - Resort-Hotel District (required land area of 1,250 square feet, for each dwelling unit, or for each separate rentable unit, or other similar rentable units)
Flood Zone
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 3 - Areas less hazardous than zone 2 because of greater distance from recently active vents and (or) because of topography. 1-5% of zone 3 has been covered since 1800, and 15-75% has been covered within the past 750 years.
CC&Rs
Covenants, Conditions & Restrictions are rules that govern residences.
Yes
Project
Kolea Condo Villas
Recordation
Regular
Building
Property Type
Condo
Unit #
1E
Beds
3
Full Baths
3
Half Baths
1
Year Built
2003
Waste Water
Sewer-Connected
Water
Private
Power
Underground
Trash Disposal
Included with Maintenance Fees
Parking
Vehicle Storage
Attached
Garage Area
245 sf
MLS Data
MLS #
643996
Listing Agent
Johnny McElree RB-21079
Brokerage
No data
Source
Hawaii Information Service
Listing Date
2020-10-29
Other
Special Assessment
No
Contact Agent

Buy through a Nalula Preferred agent for incredible service and a tremendous rebate of roughly $9,994 on the asking price of this property!