Hawaii Living

Kailua Bay Resort #3205 (Kona)

75-5669 KUAKINI HWY #3205, Kona

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Description
Want to own a piece of paradise just one block from ocean front? Want to walk to all you need? And do you want to own a property with income potential? This property was the developer's personal unit, the only 3 BR in the complex. It was successfully divided into 2 separate units with separate entrance; There is one for you.

This is the only 3BR/3BA unit in this hidden gem of Kona;
2 separate units (one unit 2B/2B, the other 1B/1B).
1 TMK and 1 HOA fee.

Rental history: $2200/mo and $1600/mo prior to renovation.
Currently used for vacation rental: $100 to $123/day.
In October and November 2018, the two units earned $11534 through Airbnb according to the current owner.
If you are an investor, this property is like buying two successful vacation rental units with price of one.

Live in one and rent the other to cover your mortgage!
Enjoy the well maintained pool and hot tub facility as well as a spacious family BBQ and picnic area.

Thorough renovation was completed in Aug, 2018 for you and is ready to move in. The 2 BR unit has a very high vaulted, beamed ceiling and an upper loft bedroom with private bath. Both units have peaceful lanais with ocean and mountain views. The renovation includes: bathrooms, kitchens, flooring, carpet, fresh paint, replaced ceiling fans, A/C in the bedroom and modern light fixtures. Kailua Bay Resort is a hidden gem of Kailua Kona - close to everything yet away from the street. It is one block from t
Past Activity
  • Dec 04, 2024 Under Contract
  • Nov 29, 2024 Listed at $855,000
  • Dec 27, 2018 Sold for $465,000
  • Nov 20, 2018 Under Contract
  • Apr 26, 2018 Listed at $477,000
  • Dec 15, 2017 Under Contract
  • Nov 17, 2017 Listed at $350,000
More Details
  • HOA Fees / ft²: $0.45
  • Price / ft²: $289
  • Zoning: V-1.25
  • View: Mountain(s), Ocean, Ocean Horizon
  • Amenities: Dishwasher, Disposal, Freezer, Microwave, Range, Range Hood, Refrigerator, Trash Compactor, Washer/Dryer Stacked
  • TMK: 3750040210047
  • Tax Assessed Value: $271,700
  • Courtesy: Premier Island Properties LLC
  • MLS: 617379
Good to Know
Note: This page displays all condos for sale in Kailua Bay Resort.
MLS properties and information provided herein is deemed reliable but is not guaranteed by the Hawaii Information Service, Inc. Listing Service. © 2024 Hawaii Information Service. All Rights Reserved. This website is for personal, non-commercial use only. Listings last updated on December 25, 2024.
Other Kailua Bay Resort Listings
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$520,000
Kailua Bay Resort #1203
1 Bd | 1 Ba
665 ft²
Other Kona Condos
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$485,000
Seascape (Kona) Condominium #I103
2 Bds | 2 Ba
1,010 ft²
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$465,000
Alii Lani #JJ204
2 Bds | 2 Ba
810 ft²
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$459,500
Kona Coffee Villas #122
2 Bds | 2 Ba
853 ft²
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$443,100
Kona Westwind #4
2 Bds | 2 Ba
906 ft²
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$525,000
Kona Plaza #201
2 Bds | 2 Ba
858 ft²
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$559,000
Kona Sunset Villas #101
2 Bds | 2 Ba
1,050 ft²
  • Sold 12/27/18 at $465,000
    (List Price: $477,000)
Description
Want to own a piece of paradise just one block from ocean front? Want to walk to all you need? And do you want to own a property with income potential? This property was the developer's personal unit, the only 3 BR in the complex. It was successfully divided into 2 separate units with separate entrance; There is one for you.

This is the only 3BR/3BA unit in this hidden gem of Kona;
2 separate units (one unit 2B/2B, the other 1B/1B).
1 TMK and 1 HOA fee.

Rental history: $2200/mo and $1600/mo prior to renovation.
Currently used for vacation rental: $100 to $123/day.
In October and November 2018, the two units earned $11534 through Airbnb according to the current owner.
If you are an investor, this property is like buying two successful vacation rental units with price of one.

Live in one and rent the other to cover your mortgage!
Enjoy the well maintained pool and hot tub facility as well as a spacious family BBQ and picnic area.

Thorough renovation was completed in Aug, 2018 for you and is ready to move in. The 2 BR unit has a very high vaulted, beamed ceiling and an upper loft bedroom with private bath. Both units have peaceful lanais with ocean and mountain views. The renovation includes: bathrooms, kitchens, flooring, carpet, fresh paint, replaced ceiling fans, A/C in the bedroom and modern light fixtures. Kailua Bay Resort is a hidden gem of Kailua Kona - close to everything yet away from the street. It is one block from t
    MLS properties and information provided herein is deemed reliable but is not guaranteed by the Hawaii Information Service, Inc. Listing Service. © 2024 Hawaii Information Service. All Rights Reserved. This website is for personal, non-commercial use only. Listings last updated on December 25, 2024.
    • Dec 04, 2024 Under Contract
    • Nov 29, 2024 Listed at $855,000
    • Dec 27, 2018 Sold for $465,000
    • Nov 20, 2018 Under Contract
    • Apr 26, 2018 Listed at $477,000
    • Dec 15, 2017 Under Contract
    • Nov 17, 2017 Listed at $350,000
    Note: This page displays all condos for sale in Kailua Bay Resort.
    Other Kailua Bay Resort Listings
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    $520,000
    Kailua Bay Resort #1203
    1 Bd | 1 Ba
    665 ft²
     
    You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
    Buyer and Seller have reached an agreement and are under contract. However, the sale is still subject to one or more contingencies.
    We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, we can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
    Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
    We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
    Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
    Other fees could be a special assessment, reserve contributions etc.
    DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
    Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.