Kukilakila #C | 539 Keolu Dr #C

Asking Price: $284,500
Beds: 4
Baths: 2.5
Living: 1,625 ft²
Tenure:Leasehold ?
Leasehold Expiry: 06/01/30
Lease Rent: $ 784 / month
Fee Purchase: $1,050,000
Built: 1974
Parking: 2
Maint. (HOA) Fees: $758 / month
Property Taxes: $320 / month ?
Est. Mortgage: 0 $1,439 / mo - adjust loan
Time Listed for Sale: 406 days
Status: Active
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All Kukilakila condos for sale »
All Kukilakila condos for sale »

539 Keolu Dr #C, Kailua

Agency Info

We regret, Hawaii Living is currently unable to assist you with this listing. Feel free to contact listing agent directly:
Drew Hershey (R)
RB-22404
REALHome Services & Solutions
Phone: (855) 882-1314

Description

*LEASEHOLD w/fee available* Welcome to a remarkable investment opportunity in Kailua's picturesque Enchanted Lakes neighborhood! This leasehold, two-story townhome boasts four bedrooms and two-and-a-half bathrooms. The property includes a two-car garage for convenient parking and storage and a large lanai facing Ka’elepulu Pond, perfect for enjoying stunning views and outdoor relaxation. With its spacious layout and prime waterfront location, this townhome is ideal for investors looking to flip or rent out and owner-occupants seeking a serene and stylish residence. This is a haven for outdoor recreational activities, shopping enthusiasts, and culinary adventures. A leasehold property in Hawaii means that you own the structure but lease the land it sits on for a specified period, making it an affordable way to own property in this desirable location. All buyers are responsible for confirming City, County, Zoning, Tax, Association, Leasehold, Schools, and other records to their satisfaction before bidding. This property is sold AS-IS. There are no inspection contingencies in the contract. The Seller will not turn on utilities. This is an auction property.

Recent Activity

Oct 14, 2024 Price ↓ $284,500
Sep 27, 2024 Price ↓ $286,000
Sep 11, 2024 Price ↓ $287,500
Aug 27, 2024 Price ↓ $289,000
Aug 09, 2024 Price ↓ $291,500
Jul 24, 2024 Price ↓ $293,000
Jul 05, 2024 Price ↓ $294,500
Jun 17, 2024 Price ↓ $296,000
May 20, 2024 Price ↓ $297,500
May 03, 2024 Price ↓ $299,000
Apr 12, 2024 Price ↓ $301,800
Mar 20, 2024 Price ↓ $303,400
Feb 27, 2024 Price ↓ $307,400
Feb 12, 2024 Price ↓ $309,000
Jan 25, 2024 Price ↓ $311,700
Jan 08, 2024 Price ↓ $319,100
Dec 11, 2023 Price ↓ $326,400
Nov 21, 2023 Price ↓ $328,100
Oct 30, 2023 Price ↓ $331,100
Oct 12, 2023 Listed at $339,000
Oct 03, 2023 Off Market
Oct 03, 2023 Back to Active
Aug 10, 2023 Under Contract
Jul 31, 2023 Price ↓ $352,800
Jul 13, 2023 Price ↓ $356,700
Jun 15, 2023 Price ↓ $359,000
May 30, 2023 Price ↓ $369,000
May 05, 2023 Price ↓ $391,400
Apr 20, 2023 Price ↓ $417,500
Apr 04, 2023 Price ↓ $459,200
Mar 13, 2023 Price ↓ $489,000
Feb 21, 2023 Price ↓ $527,300
Feb 10, 2023 Back to Active
Jan 31, 2023 Under Contract
Jan 23, 2023 Back to Active
Jan 20, 2023 Off Market
Jan 20, 2023 Listed at $530,000

Past Sales

#H: 2 Bds | 1.5 Ba @ $1.01M (11/6/24)
#E: 2 Bds | 1.5 Ba @ $998K (8/30/24)
#F: 2 Bds | 2 Ba @ $1.242M (8/9/24)
#C: 3 Bds | 2.5 Ba @ $1.3M (6/27/24)
#D: 2 Bds | 1.5 Ba @ $990K (5/21/24)
#B: 4 Bds | 3.5 Ba @ $1.5M (10/12/23)
#A: 3 Bds | 2.5 Ba @ $1.389M (9/11/23)
#G: 4 Bds | 2.5 Ba @ $1.255M (11/18/22)
#hidden: 2 Bds | 2 Ba @ $801K (4/18/19)
#c: 3 Bds | 2.5 Ba @ $970K (6/8/18)

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More Details

Owner, Tax & Resale History
HOA Fees / ft²: $0.47
Price / ft²: $175
Zoning: 05 - R-5 Residential District
Flood Zone: Zone X
Elementary School: Kailua
Middle School: Kailua
High School: Kailua
View: Other
Property Condition: Fair
Owner Occupancy: 77%
Management Company: Hawaiiana
Amenities: BBQ, Club House, Community Association Pool, Exercise Room, Other, Pool on Property, Resident Manager, Walking/Jogging Path
TMK: 1-4-2-94-41-0
Tax Assessed Land: $469,400
Tax Assessed Improvements: $853,800
Tax Assessed Total: $1,323,200
Courtesy: REALHome Services & Solutions / (855) 882-1314
MLS: 202323758

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Good to Know

Built in 1973-1974, 2 - 4BR, Pets: OK (verify).
Ameneties include BBQ, Club House, Recreation Area, Resident Manager.
Lake front project in Kailua.

See this aerial video of the Kukilakila townhomes.

About Kukilakila Townhomes
Kukilakila is a stand-out part of the envied Enchanted Lake neighborhood that bridges busy Kalanianaole Hwy and the local style elegance of Kailua Town. Constructed between 1973 and 1974, the townhomes are divided up between both single and dual level residences right off the main drag of Keolu Drive.

The homes right on the lakefront itself .....
Read more.

The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on November 21, 2024.Information is deemed reliable but not guaranteed.

Other Kukilakila Listings

Map

$988,000

Kukilakila #D

2 Bds | 2 Ba
931 ft²

Map

$1,225,000

Kukilakila #C

4 Bds | 2.5 Ba
1,560 ft²

Map

$1,274,000

Kukilakila #B

3 Bds | 2.5 Ba
1,380 ft²

All Kukilakila condos for sale »

Other Kailua Condos

Map

$375,000

75 Kihapai #12

1 Bd | 1 Ba
480 ft²

All Kailua condos for sale »

Asking Price: $284,500

Description

More Details

The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on November 21, 2024.Information is deemed reliable but not guaranteed.

Recent Activity

Oct 14, 2024 Price ↓ $284,500
Sep 27, 2024 Price ↓ $286,000
Sep 11, 2024 Price ↓ $287,500
Aug 27, 2024 Price ↓ $289,000
Aug 09, 2024 Price ↓ $291,500
Jul 24, 2024 Price ↓ $293,000
Jul 05, 2024 Price ↓ $294,500
Jun 17, 2024 Price ↓ $296,000
May 20, 2024 Price ↓ $297,500
May 03, 2024 Price ↓ $299,000
Apr 12, 2024 Price ↓ $301,800
Mar 20, 2024 Price ↓ $303,400
Feb 27, 2024 Price ↓ $307,400
Feb 12, 2024 Price ↓ $309,000
Jan 25, 2024 Price ↓ $311,700
Jan 08, 2024 Price ↓ $319,100
Dec 11, 2023 Price ↓ $326,400
Nov 21, 2023 Price ↓ $328,100
Oct 30, 2023 Price ↓ $331,100
Oct 12, 2023 Listed at $339,000
Oct 03, 2023 Off Market
Oct 03, 2023 Back to Active
Aug 10, 2023 Under Contract
Jul 31, 2023 Price ↓ $352,800
Jul 13, 2023 Price ↓ $356,700
Jun 15, 2023 Price ↓ $359,000
May 30, 2023 Price ↓ $369,000
May 05, 2023 Price ↓ $391,400
Apr 20, 2023 Price ↓ $417,500
Apr 04, 2023 Price ↓ $459,200
Mar 13, 2023 Price ↓ $489,000
Feb 21, 2023 Price ↓ $527,300
Feb 10, 2023 Back to Active
Jan 31, 2023 Under Contract
Jan 23, 2023 Back to Active
Jan 20, 2023 Off Market
Jan 20, 2023 Listed at $530,000

About Kukilakila

Built in 1973-1974, 2 - 4BR, Pets: OK (verify).
Ameneties include BBQ, Club House, Recreation Area, Resident Manager.
Lake front project in Kailua.

Blog

Other Kukilakila Listings

Map

$988,000

Kukilakila #D

2 Bds | 2 Ba
931 ft²

Map

$1,225,000

Kukilakila #C

4 Bds | 2.5 Ba
1,560 ft²

Map

$1,274,000

Kukilakila #B

3 Bds | 2.5 Ba
1,380 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.
Leasehold Expiry: 06/01/30

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.

Learn about property tax rates.

Property Taxes	$ 320 / month
Maint Fees	$ 758 / month

Total

Kukilakila #C (Kukilakila)

539 Keolu Dr #C, Kailua