This condo has extensive upgrades and is considered by many guests and owners to be the nicest of all ocean view units at the Kona Reef. Totally remodeled just a few years ago. In use as a vacation rental, with a good history, and numerous future bookings. Owners may rent through a rental management company, or may rent out by themselves (in compliance with Hawaii regulations). The Kona Reef is a popular vacation rental location due to its close proximity to town, and is a nicely maintained property with pool, spa and very nice BBQ area. ** Important note regarding fee simple status. Listed price reflects acquisition as fee simple, with the cost of acquiring fee included in price and paid by seller. This unit MAY be purchased leasehold if desired at a price of 279,500 and buyer can acquire the fee at a later date.
This is a very busy vacation rental, showings may be conducted between check out and check in only. often the check out and check in is the same day, sometimes there is a day in between check out, and the next check in. This unit is completely turn key, includes all furnishings, appliances, cookware, linens, etc. as well as future rentals. The low association fees include water, trash, sewage, cable and building insurance.
Past Activity
May 10, 2017 Sold for $425,000
Feb 06, 2017 Under Contract
Jan 13, 2017 Listed at $439,000
More Details
HOA Fees / ft²: $0.72
Price / ft²: $675
Zoning: V-.75
View: Ocean
Security Features: Security Patrol
Amenities: Dishwasher, Disposal, Dryer, HIS Microwave Hood, Microwave, Range, Refrigerator, Washer, Water Heater
TMK: 3750180710062
Tax Assessed Value: $335,700
Courtesy: Kenneth C. Peters
MLS: 603173
Good to Know
Note: This page displays all condos for sale in Kona Reef.
This condo has extensive upgrades and is considered by many guests and owners to be the nicest of all ocean view units at the Kona Reef. Totally remodeled just a few years ago. In use as a vacation rental, with a good history, and numerous future bookings. Owners may rent through a rental management company, or may rent out by themselves (in compliance with Hawaii regulations). The Kona Reef is a popular vacation rental location due to its close proximity to town, and is a nicely maintained property with pool, spa and very nice BBQ area. ** Important note regarding fee simple status. Listed price reflects acquisition as fee simple, with the cost of acquiring fee included in price and paid by seller. This unit MAY be purchased leasehold if desired at a price of 279,500 and buyer can acquire the fee at a later date.
This is a very busy vacation rental, showings may be conducted between check out and check in only. often the check out and check in is the same day, sometimes there is a day in between check out, and the next check in. This unit is completely turn key, includes all furnishings, appliances, cookware, linens, etc. as well as future rentals. The low association fees include water, trash, sewage, cable and building insurance.
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.
