75-324 MALULANI DR KAILUA-KONA HI 96740

SHARE
For Sale: fair Deal

Asking Price

$799,000

$610/sf

$8m/ac

Smart Price

$758,652

$580/sf

$7.6m/ac

Assessed Value

$607,600

$464/sf

$6.1m/ac

Gently lived in 3 bedroom 2 bath home, enviably positioned at the very top (approximate elevation of 500') of gated, well planned and maintained Malulani Gardens. A magnificent ocean view greets you from the front lanai and living room while an immaculately maintained landscape surrounds the eastern, northern and southern sides of the house.
Of special importance is the close proximity of this special property to downtown Kailua-Kona which is less than a road mile away. Kona International Airport, beaches, big box stores and other amenities are all within a 10 minute drive.
Notable features of the Home include:-
* 1,309 sq ft of living area.
* Covered lanai and front porch totaling 332 sq ft.
* The house has an east to west facing orientation which is rare in Malulani Gardens.
* Granite kitchen counters and bathroom vanities.
* Stainless steel appliances.
* Refurbished kitchen cabinetry.
* Bamboo flooring in the living room and master bedroom. Tiled floors in the kitchen, dining area, bathrooms, lanai and porch.
* A fully owned roof mounted 18 panel net metered PV system.
* Central air-conditioning plus overhead fans.
* Two panel solar hot water system with 80 gallon reservoir.
* 438 sq ft 2 car garage with laundry area and shelving.

Notable Landscape features:-
* Rock walls.
* Citrus trees.
* Low monthly landscape maintenance—currently $225.

Other:-
* Private water system.
* Served by sewer system.
* Current HOA fee breakdown——Maintenance—$101.36—Sewer—-$35—-Utility Administration fee—$25—Reserve Assessment—$15. It should be noted that the variable cost of water is also included in the monthly HOA billing.
* Survey Map and Report dated September 9th, 2020 attached.

Virtual Tour: https://mls.ricohtours.com/4f9ec0f8-5552-4718-89f3-c966163f9b29

The Basics
Status
For Sale
Property Type
House
Beds
3
Baths
2
Living Area
1,309 sf
Lot Size
0.1 acres
Days on Market
38
View
Garden, Ocean, Ocean Horizon, Sunset
Land Tenure
Fee Simple
Financial
Tax Assessed Value
$607,600
Year Assessed
2020
Common Area Expenses
Yes
Terms Acceptable
1031 Exchange, Cash, Conventional
HOA Fees
$176/mo
Property Taxes
$562/mo
Parcel #
750390210000
Special Assessment
$15/mo
Road Maintenance
$0.00/yr
Amenities
Flooring
Carpet, Ceramic Tile, Laminate
Inclusions
Blinds, Dryer, Washing Machine, Disposal, Dishwasher, Microwave, Refrigerator, Range/Oven
Internet
Wireless
Features
Ceilings-9'+, Ceiling-Vaulted, Exterior Lighting, Landscaped, Sprinkler System-Lawn, Smoke/Heat Detector, Skylight, Walking/Jogging Path
Telephone
Cable, Cell, Land Line
TV
Cable
Fence or Wall
Rock/Stone
Heating/Cooling
Central, Air Conditioning
Land
Frontage
None, Road/Street
Lot Number
97
Lot Description
Inside
Land Sqft
5,147
Lot Length
94 sf
Lot Width
55 sf
Elevation
208 ft
Latitude
19.64699358
Longitude
-155.97862038
Subdivision
MALULANI GARDENS
Topography
Gentle Slope
Roads
Private, Paved, Street Lights, Other (remarks)
Zoning
RS-7.5 - Single-Family Residential District (minimum building site area of 7,500 square feet)
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 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
Recordation
Regular
Building
Property Type
House
Beds
3
Baths
2
Year Built
2002
Waste Water
Sewer-Connected
Water
Meter Installed, Private
Power
Solar/Photovoltaic, Underground
Trash Disposal
County-No Charge
Roofed Areas
2,069 sf
Design
Double Wall, Wood Frame
Exterior Area Total
332 sf
Stories Number
1
Schools
Schools
Holualoa, Kealakehe, Palamanui
Parking
Vehicle Storage
Covered, Attached
Garage Area
438 sf
MLS Data
MLS #
641017
Listing Agent
Sue Brown RB-20413
Brokerage
Sue Brown Realty and Associates
Source
Hawaii Information Systems
Listing Date
2020-08-14
Other
Special Assessment
Yes
Contact Agent