Selling or Buying in Kolea Condo Villas (Kolea Kai)?
Description
Rare opportunity to purchase a large 3 bedroom Kolea condominium as a short sale. Villa 2E is being sold strictly as is. A new owner can rehabilitate this condominium and enjoy the exclusive community of Kolea at a relatively affordable price. The pictures in this listing are virtually staged and represent what the Villa could look like when furnished and appointed. PRICED TO SELL-over $500K less than the average selling price of the last four Kolea condominium sales in this floor plan. The last short sale of a Kolea condominium occurred in March of 2017.
Kolea is the premier property in the Waikoloa Beach Resort, and one of the finest developments on the Kohala Coast of the Big Island of Hawaii. The community is located adjacent to Anaehoomalu Bay, and is the only beach front development in the Resort. Within walking distance is world class shopping, golf, and dining. Entertainment options at the Resort include a luxury movie theater and an outdoor amphitheater which hosts cultural and musical events. The community consists of 126 condominiums and 17 single family lots. All Kolea owners can enjoy the Beach Club, which includes a workout facility, an infinity edge pool, spa, and two guest hales. The guest hales are a unique feature of Kolea. Owners can reserve these two structures for friends and family visits.
Villa 2E includes all of the features that combine to make a these condominiums among the finest on the Kohala Coast of the Big Island. Standard features include spacious lanais, steel frame construction with concrete floors, 9' retractable doors leading to the lanais, African mahogany trim, outdoor kitchens on the lanais, African Mahogany trim, and upscale appliances. This 2147 SF, 3 bedroom 3 & 1/2 bath second floor unit boasts 429 SF of lanais, an ocean view, is served by a semi-private elevator, and includes a one car garage.
2E is an opportunity as an investment, second home or primary residence. Come live your dreams today!
Built: 2004, 126 2 & 3BR Units in 16 3-Story Buildings on 30 Acres.
Amenities: Pool, Kids Pool, Jacuzzi, Fitness Center, Event Pavilion, BBQs.
Short-term Vacation Renting: Allowed.
Developer: Centex Destination Properties.
Kolea Kai (also called Kolea Condo Villas) is part of the gated, oceanfront Kolea community in Waikoloa Beach Resort. Kolea is the only beachfront residential area in Waikoloa.
The two and three bedroom condos have interiors measuring from 1,270 ..... Read more.
Sold 6/27/24 at $2,500,000 (List Price: $2,800,000)
Description
Rare opportunity to purchase a large 3 bedroom Kolea condominium as a short sale. Villa 2E is being sold strictly as is. A new owner can rehabilitate this condominium and enjoy the exclusive community of Kolea at a relatively affordable price. The pictures in this listing are virtually staged and represent what the Villa could look like when furnished and appointed. PRICED TO SELL-over $500K less than the average selling price of the last four Kolea condominium sales in this floor plan. The last short sale of a Kolea condominium occurred in March of 2017.
Kolea is the premier property in the Waikoloa Beach Resort, and one of the finest developments on the Kohala Coast of the Big Island of Hawaii. The community is located adjacent to Anaehoomalu Bay, and is the only beach front development in the Resort. Within walking distance is world class shopping, golf, and dining. Entertainment options at the Resort include a luxury movie theater and an outdoor amphitheater which hosts cultural and musical events. The community consists of 126 condominiums and 17 single family lots. All Kolea owners can enjoy the Beach Club, which includes a workout facility, an infinity edge pool, spa, and two guest hales. The guest hales are a unique feature of Kolea. Owners can reserve these two structures for friends and family visits.
Villa 2E includes all of the features that combine to make a these condominiums among the finest on the Kohala Coast of the Big Island. Standard features include spacious lanais, steel frame construction with concrete floors, 9' retractable doors leading to the lanais, African mahogany trim, outdoor kitchens on the lanais, African Mahogany trim, and upscale appliances. This 2147 SF, 3 bedroom 3 & 1/2 bath second floor unit boasts 429 SF of lanais, an ocean view, is served by a semi-private elevator, and includes a one car garage.
2E is an opportunity as an investment, second home or primary residence. Come live your dreams today!
Built: 2004, 126 2 & 3BR Units in 16 3-Story Buildings on 30 Acres.
Amenities: Pool, Kids Pool, Jacuzzi, Fitness Center, Event Pavilion, BBQs.
Short-term Vacation Renting: Allowed.
Developer: Centex Destination Properties.
Kolea Kai (also called Kolea Condo Villas) is part of the gated, oceanfront Kolea community in Waikoloa Beach Resort. Kolea is the only beachfront residential area in Waikoloa.
The two and three bedroom condos have interiors measuring from 1,270 ..... Read more.
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. The sale may be 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.
