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Maui Eldorado #A-204 (Kaanapali)

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2661 Kekaa Dr #A-204, Lahaina

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Description
Superb location within the popular Maui Eldorado Resort. This is a leasehold property with the owner having a 10% in Fee Simple and the other 90% is controlled by the Ralph Hoyle Jr etal Trust. Living on the Golf Course in Kaanapali has its health benefits! Ocean views from the oversized lanai in this spacious 1 bed 1 bath second floor location. New vinyl flooring throughout and new counter tops in the kitchen. Currently in a private rental program. Buyer will have to honor short term rental reservations. Maintenance fees for the property include electricity, water, sewer, trash, local telephone, basic cable, wifi. Lease was just renegotiated in 2019 and is set at the current level until 2029. Current lease for the 90% is due to expire 12/31/2043.
Past Activity
  • Jun 26, 2020 Sold for $420,000
  • May 27, 2020 Under Contract
  • Apr 07, 2020 Listed at $449,000
More Details
  • HOA Fees / ft²: $1.52
  • Price / ft²: $438
  • View: Ocean
  • TMK: 2440080210015
  • Courtesy: Keller Williams Realty Maui-L / 808-250-5948
  • MLS: 386673
Good to Know
  • Address: 2661 Kekaa Dr, Lahaina, HI 96761.
     
  • Built: 1968, 204 Studio – 2BR Units in 12 2-Story Buildings on 10.2 Acres.
     
  • Amenities: 3 Pools, Fitness Center, Recreation Area, Beach Cabana Club House, BBQs.
     
  • Short-term Vacation Renting: Allowed.
     
  • Mostly Leasehold Units: Lease expires in 2043.

The Maui Eldorado property sits just on the shoreline side of the Honoapiilani Hwy, bordered by golf course fairways on its north, west and south. The fairways in front of the property go all the way to the shoreline, providing an   .....
Read more.





The MLS properties are based on information from the Multiple Listing Service of REALTORS® Association of Maui. Listings last updated on December 21, 2024.Information is deemed reliable but not guaranteed.
Other Maui Eldorado Listings
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Leasehold
$585,000
Maui Eldorado #K210
Studio | 1 Ba
570 ft²
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Leasehold
$625,000
Maui Eldorado #D103
1 Bd | 2 Ba
960 ft²
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Leasehold
$699,000
Maui Eldorado #J113
1 Bd | 1 Ba
960 ft²
Other Kaanapali Condos
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$475,000
Paki Maui #114
1 Bd | 1 Ba
506 ft²
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$410,000
Maui Lani Terraces #F305
1 Bd | 1 Ba
530 ft²
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$469,000
Honokowai East #112
2 Bds | 1 Ba
793 ft²
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$480,000
Paki Maui #317
1 Bd | 1 Ba
506 ft²
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$370,000
Hale Royale #A-205
Studio | 1 Ba
486 ft²
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$535,000
Valley Isle Resort #506
Studio | 1 Ba
480 ft²
  • Sold 6/26/20 at $420,000
    (List Price: $449,000)
Description
Superb location within the popular Maui Eldorado Resort. This is a leasehold property with the owner having a 10% in Fee Simple and the other 90% is controlled by the Ralph Hoyle Jr etal Trust. Living on the Golf Course in Kaanapali has its health benefits! Ocean views from the oversized lanai in this spacious 1 bed 1 bath second floor location. New vinyl flooring throughout and new counter tops in the kitchen. Currently in a private rental program. Buyer will have to honor short term rental reservations. Maintenance fees for the property include electricity, water, sewer, trash, local telephone, basic cable, wifi. Lease was just renegotiated in 2019 and is set at the current level until 2029. Current lease for the 90% is due to expire 12/31/2043.
    The MLS properties are based on information from the Multiple Listing Service of REALTORS® Association of Maui. Listings last updated on December 21, 2024.Information is deemed reliable but not guaranteed.
    • Jun 26, 2020 Sold for $420,000
    • May 27, 2020 Under Contract
    • Apr 07, 2020 Listed at $449,000
    • Address: 2661 Kekaa Dr, Lahaina, HI 96761.
       
    • Built: 1968, 204 Studio – 2BR Units in 12 2-Story Buildings on 10.2 Acres.
       
    • Amenities: 3 Pools, Fitness Center, Recreation Area, Beach Cabana Club House, BBQs.
       
    • Short-term Vacation Renting: Allowed.
       
    • Mostly Leasehold Units: Lease expires in 2043.

    The Maui Eldorado property sits just on the shoreline side of the Honoapiilani Hwy, bordered by golf course fairways on its north, west and south. The fairways in front of the property go all the way to the shoreline, providing an   .....
    Read more.





    Other Maui Eldorado Listings
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    Leasehold
    $585,000
    Maui Eldorado #K210
    Studio | 1 Ba
    570 ft²
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    Leasehold
    $625,000
    Maui Eldorado #D103
    1 Bd | 2 Ba
    960 ft²
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    Leasehold
    $699,000
    Maui Eldorado #J113
    1 Bd | 1 Ba
    960 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: 12/31/43
    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.