Hawaii Living

Kolea Condo Villas (Kolea Kai) #14C (Waikoloa)

69-1000 KOLEA KAI CIR #14C, Waikoloa

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Description
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 th
Past Activity
  • Oct 25, 2019 Sold for $808,000
  • Sep 27, 2019 Under Contract
  • Apr 25, 2019 Listed at $859,000
More Details
  • HOA Fees / ft²: $1.12
  • Price / ft²: $520
  • Zoning: V-1.25
  • View: Mountain(s), Ocean
  • Amenities: Dishwasher, Disposal, Dryer, Indoor Grill, Microwave, Refrigerator, Washer
  • TMK: 3690110190081
  • Tax Assessed Value: $945,900
  • Courtesy: Hawaii Luxury Listings LLC
  • MLS: 628150
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 November 21, 2024.
  • Sold 10/25/19 at $808,000
    (List Price: $859,000)
Description
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 th
    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 November 21, 2024.
    • Oct 25, 2019 Sold for $808,000
    • Sep 27, 2019 Under Contract
    • Apr 25, 2019 Listed at $859,000
    Other Kolea Condo Villas (Kolea Kai) Listings
     
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