$950,000
$969,000
2.0%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
2 Baths
1,033 SqFt
SOLD DATE : 03/13/2024
Key Details
Sold Price $950,000
Property Type Condo
Listing Status Sold
Purchase Type For Sale
Square Footage 1,033 sqft
Price per Sqft $919
Subdivision Waikoloa Beach Resort
MLS Listing ID 707366
Sold Date 03/13/24
Bedrooms 2
Full Baths 2
HOA Fees $928/mo
Year Built 2002
Annual Tax Amount $8,203
Property Description
Welina mai i kou wahi hua’oli. Welcome to your Happy Place!
Fairway Villas G3 - Of 1,000 condos in Waikoloa Beach Resort, this is the only 2 bedroom, 2 bath unit on the market with a golf course view and carport for under $2 million.
Exceptionally well-maintained ground floor unit with the most-desired qualities of a vacation rental, second home or primary residence
FEATURES
- View Lakes Course Fairway #5 from shaded lanai lounges as golfers, nene, love birds, saffron finches, colorful sunset skies pass by
- Magnificent floating entertainment center custom-crafted by a Big Island artisan using beloved Koa wood, endemic to Hawaii, considered the wood of Hawaiian Royalty and one of the most valuable hardwoods in the world
- BONUS - Covered Carport - only 21% of units in the complex have one!
- Central Air Conditioning 2023. High efficiency 16 SEER
- Turnkey furnished
- 75” TV
- Dishwasher, washer/dryer, living room blinds, plumbing valves 2023
- Replaced faucets, fixtures
- Newer queen mattress in guest room
- HOAs include expanded cable, Wi-fi, Internet, landscaping, trash removal, building insurance, reserves
RENTAL INFO
- Seller’s Short-Term Vacation Rental STVR registration transferable at no expense to Buyer
- Housekeeper may agree to continue with new owners if desired
- “Superhost” Seller is happy to give Buyer vacation rental tips to start
- Heavily rented through April 2024. New bookings have been blocked after that time in case Buyer does not want to rent
- Nightly rate average $250
- 70% occupancy in only 11 months of rental start-up 2023
- Rental financials available
Well-positioned in the center of the complex near all amenities — heated saltwater pool, hot tub, fitness center, community BBQ, clubhouse, cabana baths.
Thisclose to resort restaurants, shops, movies, entertainment, trails, petroglyphs, ’Anaeho’omalu Beach - A Bay.
Location
State HI
Area South Kohala
Building/Complex Name Fairway Villas At Waikoloa Beach Resort
Zoning RM-1.5
Interior
Flooring Carpet, Ceramic Tile
Exterior
Garage Covered, DE
Pool Yes
Waterfront N
View Golf Course
Building
Sewer Sewer-Connected
Water Private
Others
Monthly Total Fees $1, 007
Acceptable Financing 1031 Exchange, Cash, Conventional, VA
Listing Terms 1031 Exchange, Cash, Conventional, VA
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