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MLS: 664781 (Active - For Sale)
 
Asking Price: $8,695,000 Fee Simple
Type: Residential
District: South Kohala
Street: 68-1002 Papakonane Ct
Neighborhood: Mauna Lani Point Estates
Monthly Association Fee: $536
Beds: 4   Baths: 4 Full / 1 Half
Living Area: 3,410 SF
Land Area: 18,449 SF
Parking: Covered
Days on Market: 105
(The Price of the property was lowered by $300,000 on 11/19/2022)
Year Built: 2017
Zoning: RM-3
Roads: Private,Paved
Property Taxes: $69,367
Assessed Value: $5,468,200
Assessed Ratio: 159.01%
Listing Courtesy: La'alei Properties
Terms Acceptable: 1031 Exchange,Cash,Conventional
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All Homes For Sale in Mauna Lani Point Estates

Successful Vacation Rental with ocean view in Mauna Lani Resort!!

Stunning 4 Bedroom 4.5 Bathroom home with ocean view in Mauna Lani Resort!! Prime location privately situated in a quiet cul de sac overlooking golf course frontage & separated by a calming water feature on the 17th hole of the Mauna Lani South Course, & a very short distance to the exclusive Mauna Lani Residents Beach Club. Boasting over 3,400 square feet of living area on over 18,000 square feet of land, this masterfully designed resort style home has a koi pond with water lilies & floating steps to greet you upon entering the gated courtyard, & is graced with mature tropical landscaping with many swaying palm trees including brilliant sealing wax palms. The large open floor plan is perfect for entertaining & connects to the spacious covered lanai & pool deck area with solar heated lagoon style pool & spa. This property is a successful vacation rental with over 600K expected revenue in 2022. Sold fully furnished!
SPECIAL FEATURES:
Primary suite with views of golf course & ocean through sliding glass doors
2 detached guest suites
Hand plastered walls
Mahogany trim cabinets & doors
Large sliding pocket door panels in main living area
Chef's kitchen with high end appliances including Wolf, Sub Zero, & Miele
Synthetic slate roof
Cedar shiplap siding
Outdoor showers
Extensive rock walls surrounding property
Mauna Lani is master planned resort community situated on the finest stretch of shoreline on the sunny Kohala Coast. Located 23 miles North of the Kona International Airport, this 3,200-acre resort features 29 oceanfront acres & several miles of secluded shoreline, 2 world class hotels, including Fairmont Orchid & Mauna Lani Auberge Resorts Collection, & the Shops at Mauna Lani. Owners enjoy access to the Mauna Lani Residents Beach Club featuring a fabulous restaurant, a pristine white sand beach & use of lounge chairs. Amenities include two 18 hole championship golf courses, Fitness Center, Tennis complex & 25 meter Lap pool.


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5 Transaction(s) Found in Sales History
MLS List Date Sold Date List Price Sold Price
2358009/27/200005/12/2003$795,000$575,000
25291003/08/201209/16/2013$1,295,000$1,150,000
15771506/10/200509/08/2005$1,395,000$1,100,000
64711902/15/202108/03/2021$5,450,000$5,450,000
63050407/16/201911/25/2019$5,500,500$5,100,000

 
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