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MLS: 703651 (Active - For Sale)
Condo: Kolea Condo Villas #1C
 
Asking Price: $3,695,000 Fee Simple
Type: Condo/Residential Condo
District: South Kohala
Street: 69-1000 Kolea Kai Circle
Neighborhood: Kolea Subdivision
Monthly Association Fee: $742.2
Beds: 3   Baths: 3 Full / 1 Half
Living Area: 2,147 SF

Parking: Attached
Amenities: Ceilings-9'+,Club House,Elevator,Inventory,Landscaped,Kitchen-Outdoor,Storage Area,Smoke/Heat Detector
Days on Market: 486
(The Price of the property was lowered by $100,000 on 06/05/2024)
Year Built: 2003
Easements: Electric
Zoning: V-1.25
Roads: Private
Land Recorded: Regular
Property Taxes: $32,998,.68
Assessed Value: $2,820,400
Assessed Ratio: 131.01%
Listing Courtesy: Aloha Sotheby's International Realty Inc.
Terms Acceptable: Cash,Conventional
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All Units For Sale in Kolea Condo Villas

KOLEA KAI PENTHOUSE

Rarely available and highly desirable Kolea Penthouse 1C is being offered to discerning Buyers. Superbly maintained, and considered one of the most well constructed developments in Waikoloa, the timeless 3 Bedroom, 3 1/2 Bath condo is located in the only beachfront community within sunny Waikoloa Resort. 1C is a Penthouse unit that has been fully upgraded with Viking and Subzero appliances that also includes a wine cooler. A generous lanai, for al fresco dining, has ocean and sunset views as well as Haleakala on Maui. Pocket doors afford the indoor outdoor lifestyle the Kohala Coast is known for. Superior construction; concrete floors (any neighbor noise reduced) steel frame, vaulted ceilings, African Mahogany trim and shared, private owner elevator.
While not currently in use as a rental, consider using the property as a rental to offset your costs.
Amenities for the Kolea Beach Club include an infinity pool, wading pool for kids, hot tub, workout facility and 2 guest cottages for the dedicated use of Kolea Owners as a rental for overflow guests (while the owners are in residence) and OCEAN access!
The Kolea Community is adjacent to Anaeho'omalu (A-Bay) Bay; a go-to for water sports along the Kohala Coast. Golf, shopping, Lava Lava Beach Club, movies, groceries are all within walking distance.


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2 Transaction(s) Found in Sales History
MLS List Date Sold Date List Price Sold Price
63746703/03/202004/20/2021$1,775,000$1,725,000
66024804/04/202205/26/2022$3,895,000$3,795,000

4 Comparable Units Sold in Kolea Condo Villas (Last 12 months)
Description List Date Sold Date List Price Sold Price
3 Bed 2 Bath05/30/202302/22/2024$1,750,000$1,685,000
3 Bed 3.5 Bath
(Short Sale)
07/08/202206/27/2024$2,800,000$2,500,000
3 Bed 3.5 Bath03/09/202405/01/2024$3,550,000$3,100,000
3 Bed 3.5 Bath03/08/202405/01/2024$3,599,000$310,000,000
Average Price:  $79,321,250

 
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