69-1000 KOLEA KAI CIR #2F WAIKOLOA HI 96738

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For Sale: fair Deal

Asking Price

$1,875,000

$873/sf

0/ac

Smart Price

$1,906,825

$888/sf

0/ac

Assessed Value

$1,566,300

$730/sf

0/ac

This property has a pending offer.
A contingent listing means a seller has accepted an offer from a buyer. In some cases, the seller will accept backup offers.

Fully furnished and highly upgraded Kolea Penthouse. This villa has been professionally decorated and furnished by Mealani Morgan, a prominent local interior designer. Special features in the unit include Tommy Bahama ceiling fans, grasscloth wall coverings and ceiling treatments in the great room, custom stone floors, Sochi artwork, and many other special touches that create a relaxed and upscale feel to the property. The Penthouse also includes all the standard items that make Kolea condominiums such a highly desired luxury property on the Kohala Coast of the Big Island. These include an outdoor kitchen, 9' retractable pocket doors leading to the spacious lanai, steel frame construction, concrete floors, Viking and Subzero appliances, a wine cooler, and extensive African mahogany trim. A panoramic ocean view with beautiful Hawaiian sunsets completes this upscale and very desirable resort property.

Kolea is the only beachfront condominium development within the world-famous Waikoloa Beach Resort. Within easy walking distance are world-class golf, shopping, dining, entertainment, and water sports facilities. The Kolea Beach Club includes an infinity pool, hot tub, exercise facility, and children's pool with a sandy beach & waterfall, as well as a kitchen that can be used by Kolea owners for special events. A unique feature of the Beach Club at Kolea is the guest hales which can accommodate additional friends and family in a truly awesome setting. The Beach Club is adjacent to Anaeho'omalu Bay, with its sandy beach and numerous watersport activities. A short stroll down the beach is the Lava Lava Beach Club restaurant, where you can sip your favorite beverage with your feet in the sand while watching the sunset over the A-Bay.

2F is a successful vacation rental, with a robust repeat clientele. Don't miss out on this exceptional opportunity to own your slice of Hawaiian paradise. Come live your dreams in Hawaii today!

The Basics
Status
Contingent/Under Contract
Property Type
Condo
Beds
3
Full Baths
3
Half Baths
1
Living Area
2,147 sf
Lot Size
0.0 acres
Days on Market
38
View
Coastline, Ocean, Sunset
Land Tenure
Fee Simple
Financial
Tax Assessed Value
$1,566,300
Year Assessed
2020
Terms Acceptable
1031 Exchange, Cash, Conventional
HOA Fees
$2,423/mo
Property Taxes
$1,527/mo
Parcel #
690110190012
Special Assessment
$0/mo
Amenities
Flooring
Carpet, Stone
Inclusions
Drapes, Dryer, Washing Machine, Disposal, Dishwasher, Microwave, Refrigerator, Wine Cooler
Internet
Cable
Features
Ceilings-9'+, Built-in-Book Shelves, Ceiling-Vaulted, Elevator, Smoke/Heat Detector, Skylight
Telephone
Cable, Land Line
TV
Cable
Heating/Cooling
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 #
2F
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
Exterior Area Total
429 sf
Parking
Vehicle Storage
Attached
Garage Area
245 sf
MLS Data
MLS #
643751
Listing Agent
Johnny McElree RB-21079
Brokerage
No data
Source
Hawaii Information Service
Listing Date
2020-10-22
Other
Special Assessment
No
Contact Agent

Buy through a Nalula Preferred agent for incredible service and a tremendous rebate of roughly $11,719 on the asking price of this property!