Island of Hawaii > South Kohala > Kolea Condo Villas #9K, WAIKOLOA 96738

KOLEA CONDO VILLAS #9K, WAIKOLOA 96738

Waikoloa Beach Resort Real Estate
SOLD FOR $1,895,000 FS ON 01/14/2022
  • CondoType
  • 3Bed
  • 2 FullBaths
  • 2003Built

PROPERTY DESCRIPTION

Kolea 9K is a 3 bedroom, 2 bath, 1554 SF Garden Villa with a convenient location within the Kolea condominium complex. The property is located very near Kolea’s Beach Club. The Beach Club has direct access to the sandy beach at Anaeho’omalu Bay and its various watersports activities. Kolea is the only beachfront development in the Waikoloa Beach Resort, which is consistently ranked among the best destinations in Hawaii by popular travel publications.

This property is a successful vacation rental, with a robust repeat clientele. Gross rental income in 2022 should easily top $100K, with $57K in bookings already received. There are only 10 condominiums in this floor plan at Kolea, and these units tend to be very popular rentals for young families. The property is being sold fully furnished and ready to either rent or enjoy.

All Kolea condominiums are steel-framed with concrete floors, with many features that set this development apart from the other communities on the Kohala Coast of the Big Island of Hawaii. These include 9′ retractable pocket doors, an outdoor kitchen, Pella windows, upscale appliances, as well as African mahogany trim. Want to BBQ on your lanai? Do that in your summer kitchen. Need more room? Put your guests up in the hales at the Beach Club, a unique feature of Kolea. Like to snorkel? Take the sandy path from the Beach Club to the A-Bay.

Within walking distance of Kolea are world-class dining, shopping, and golf. Entertainment options at the Waikoloa Beach Resort include a luxury movie theater and an outdoor amphitheater that hosts concerts and cultural events. There are two shopping centers in the resort, as well as 2 golf courses.

A popular adage in real estate is that it is often best to purchase the least expensive house on the block. This property is an opportunity to just that, with Kolea’s multi-million dollar ocean front houses right across the street from 9A. Better hurry! Come live your dreams today!

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Listed By: Hawaii Luxury Listings LLC

Sold Price $1,895,000 FS
Bedrooms 3
Bathrooms 2 Full
Property Type Condo
Interior Area 1,554
Annual Tax $9,047
MLS (Sold) 656241
Tax Key 3-6-9-11-19-100
Year Built 2003
Zone V-1.25
Days On Market 5
Assessed Value $773,300
Price sq/ft $1,219.43
ASSOCIATION Fee $1,900
Previous Price $1,895,000

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PROPERTY LOCATION

Disclaimer

MLS listing information is deemed reliable but is not guaranteed by the service.

Updated

01/14/2022

LET'S TALK

We are well known along the Kohala Coast for informed and experienced guidance—not only to buyers and sellers but to the development and investor communities as well.

CONTACT US

LET US SHOW YOU THE BIG ISLAND

INQUIRY

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.