MLS# 606010 – 69-1000 Kolea Kai Cir Unit 5e, Waikoloa, HI 96738

Price: $1,799,000
Beds: 3
Baths: 3 full, 1 half
Living Area SqFt: 2,147
Status: Active
Property Type: Condo
Year Built: 2003
Neighborhood: Kolea Subdivision
Days on Website: 187

Courtesy of Hawaii Luxury Listings LLC.

Property Description

PRICED TO SELL! This very nicely appointed front row unit boasts a very private location with a nice ocean view as well. The Sellers enjoyed Kolea 5E as a sparingly used 2nd home for approximately 8 years until they purchased the Penthouse unit directly above 5E. After their renovation of the Penthouse was complete, they converted 5E into a rental in 2015. In 2016, the first full year 5E was in the Waikoloa Vacation Rental program, this unit had a gross income of over $100,000. Future bookings are just as strong. 5E already has significant bookings in 2018, including one booking for 2 months in the winter of 2018. With the purchase of 5E, a discriminating buyer will obtain the best of both worlds, a beautiful property that has been relatively sparingly used for most of its history that has been converted into a very successful vacation rental. This villa, with it’s stellar rental history achieved in a short period of time, should provide for its new owners an increasing revenue stream in the future.

And of course, this villa is located within Kolea, the premier development in the Waikoloa Beach Resort, and the only one with direct beach access. This Villa has an expansive ocean view over the roofs of the homes across the street, each of which are certainly among the finest single family residences in the Resort. Other features include: 9′ retractable doors, 422 SF of lanai, steel frame construction, an outdoor kitchen, African mahogany trim, tile floors, Viking and Subzero appliances. Within easy walking distance is the Kolea Beach Club, with its guest hales, workout facility, hot tub, children’s pool, and most importantly direct beach access to beautiful Anaeho’omalu Bay. A short stroll away are the King’s Shops and the Queen’s Marketplace, with their world class dining and shopping facilities. A new deluxe movie theater is scheduled to open this summer in the Queen’s Marketplace. Come live your dreams today!

Property Details and Features

  • Property Access
  • Private
  • Appliances and Equipment
  • Disposal
  • Dishwasher
  • Gas Grill
  • Microwave
  • Refrigerator
  • Wine Cooler
  • Water Heater
  • Front Load
  • Washer
  • Bathrooms
  • 3 total bathrooms
  • 3 full bathrooms
  • 1 half bathroom
  • Bedrooms
  • 3 bedrooms
  • House
  • Built in 2003 (maximum)
  • Built in 2003 (minimum)
  • Steel Frame
  • End Unit
  • Single Level
  • Floors
  • Carpet
  • Stone
  • Garage
  • Total garage area: 220 square feet
  • Water
  • Private
  • Home Owner’s Association
  • Monthly fees: $2,010
  • Heating & Cooling
  • Air Conditioning
  • Split/Zoned
  • Interior Features
  • Interior area: 2,147 square feet
  • Listing
  • $838 per square foot
  • Standard Sale
  • Location
  • District: South Kohala
  • Subdivision: Kolea Subdivision
  • Parking
  • Auto Garage Door Opener
  • Attached
  • Property
  • Other square footage: 429
  • Ceilings-9’+
  • Built-in-Book Shelves
  • Ceiling Fan
  • Inventory
  • Kitchenware
  • Kitchen Window
  • Open Lanai
  • Storage Area
  • Smoke/Heat Detector
  • Condo
  • Bay
  • Coastline
  • Mountain
  • Ocean
  • Ocean Horizon
  • Sunset
  • Security System
  • Gated Community
  • Security Guard
  • Sewer
  • Sewer-Connected
  • Taxes
  • $18,244 annual taxes
  • Utilities
  • Trash disposal: Included with Maintenance Fees
  • Cable
  • DSL
  • Cable
  • Cell
  • Land Line
  • Underground
  • Cable
  • Windows
  • Blinds

Property Map

$1,799,000 – 69-1000 Kolea Kai Cir Unit 5e, Waikoloa, HI 96738

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