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SOLD
MLS: 611225
Condo: Fairways At Mauna Lani #1804
 
Asking Price: $638,000 Fee Simple
Sold Price: $620,000
Sold Date: 03/06/2018
Type: Condo/Residential Condo
District: South Kohala
Street: 68-1125 N Kaniku Dr
Neighborhood: Mauna Lani Resort
Monthly Association Fee: $1032
Beds: 2   Baths: 2 Full / 1 Half
Living Area: 1,646 SF

Parking: Attached,Unassigned
Days on Market: 2327
Year Built: 2005
Zoning: RM-4
Roads: Private,Paved,Street Lights
Property Taxes: $7,259
Assessed Value: $620,500
Assessed Ratio: 102.82%
Listing Courtesy: Hawaii Palm Properties, Inc.
Terms Acceptable: 1031 Exchange,Cash,Conventional,Open,PMM
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Well loved Villa

This beautiful villa being sold turnkey furnished per inventory has more than 6 years of very successful vacation rental occupancy/income.(47 5-star reviews on HomeAway.com and typically about 70% occupancy. The Fairways is ideally situated within the world class Mauna Lani Resort, walking distance to the Fairmont Hotel and the grocery store, shops and restaurants at the Shops at Mauna Lani. Besides the amazing weather year-round, there is everything you could wish for on a vacation or full-time living: tennis, golf courses, cycling, world class spa, fine restaurants & aloha!. At the private Beach Club (gem of the island) enjoy snorkeling, sailing, standup paddle board, walks along the ocean and the beachside restaurant. The Fairways has its own large pool, jacuzzi, fitness center, and BBQ gathering space by the pool. #1804 is tastefully furnished and the kitchen is very well equipped. The lanai with its Viking BBQ overlooks a beautifully landscaped garden with a path leading to the recreation area.
Note: In Aug. 2017 the ML resort was sold to new owners (Diamond Head Land) who intend to to do a significant infusion of capital into upgrades at this classy resort. Buyer to honor existing bookings. (enjoy that income!)


 
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