69-1000 Kolea Kai Cir, Waikoloa

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Property Description

  • Remarks: Ownership options abound for this nicely furnished and appointed Kolea Penthouse. The property has been a long- term rental with the same tenants since 2015, and that lease expires on 11-30-2019. As a first option, the new owner could negotiate a new long-term lease with these tenants. Long-term rentals have been exceedingly rare in the history of Kolea, which is a highly sought after luxury beachfront community in the world famous Waikoloa Beach Resort. Another alternative would be to simply move in at the termination of the lease, and make the property a principal residence or a second home, without having to accommodate existing vacation rentals. A third possibility would be to begin booking short-term vacation rentals after closing, which would allow you to take advantage of the peak occupancy season in the winter and spring of 2020.

    This Penthouse Villa has numerous upgrades, with tastefully chosen furnishings and artwork as well as tile floors in the great room, kitchen, entryway and bathrooms. The floor plan is perfectly designed for two couples with its dual master suites. The vaulted ceiling in the great room, the retractable 9′ pocket doors leading to the lanai with an outdoor kitchen, steel frame construction with concrete floors, and African mahogany trim complete this very appealing package.

    Kolea is located adjacent to the sandy beach and tropical ocean waters of Anaeho’omalu Bay on the sunny Kohala Coast of the Big Island of Hawaii. Located in the Waikoloa Beach Resort, this property is within walking distance to world-class golf, dining, shopping, and entertainment.


    Information herein may contain inaccuracies and is provided without warranty or guarantee of any kind. Agents and buyers must independently verify any information they deem material or important to their purchase or any offered price there under, including but not limited to, square footage, property taxes, permits, condition of the property and applicable h
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Interior Features

  • Features: Ceilings-9’+,Ceiling-Vaulted,Kitchen-Outdoor,Storage Area
  • Appliances: Disposal,Dishwasher,Gas Grill,Microwave,Refrigerator
  • Floor Covering: Carpet,Stone
  • Telephone Availability: Cell,Land Line
  • TV Availability: Cable
  • Unit Description: End Unit,Penthouse,Single Level
  • Washer/Dryer: Dryer,Washer

Exterior Features

  • Bldg Units: 14C
  • Vehicle Storage/Parking: Assigned
  • Exterior Area (Sq Ft): 150
  • Oceanfront Parcel: N
  • Garage Area (Total): 0
  • Heating/Cooling: Air Conditioning
  • Land Area (Sq Ft): 0
  • Land Tenure: Fee Simple
  • Lava Zone: 3
  • Pool: N
  • Power: Underground
  • Roads: Private
  • Wastewater: Sewer-Connected
  • Solid Waste Disposal (Trash): Included with Maintenance Fees
  • View: Mountain,Ocean
  • Water: Private

School Information

    Financial Details

    • Monthly Association/Maintenance Fees: 0
    • Assessed Value: 945900
    • Fees-Total (Monthly) (sum of Assn,Maint and Other): 1745
    • Tax Key 9: 369011019
    • Taxes (Annual): 11067
    • Tax Key: 3690110190081
    • District: South Kohala
    • Zoning: V-1.25
    • Assessment Year: 2018

    Listing Agent

      Property Details

      • MLS #: 628150
      • Price: $950,000
      • Interior Area (Sq Ft): 1554
      • Bedrooms (Total): 2
      • Bathrooms (Total): 2
      • Baths Full (Total): 2
      • Baths 3/4 (Total): 0
      • Baths 1/2 (Total): 0
      • Baths 1/4 (Total): 0
      • Subdivision: Kolea Subdivision
      • Zip Code: 96738

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