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MLS: 705724 (Active - For Sale)
Condo: Kolea Condo Villas #4A
 
Asking Price: $3,300,000 Fee Simple
Type: Condo/Residential Condo
District: South Kohala
Street: 69-1000 Kolea Kai Circle
Neighborhood: Kolea Subdivision
Monthly Association Fee: $743.2
Beds: 3   Baths: 3
Living Area: 1,716 SF

Parking: Assigned,Attached
Days on Market: 155
Year Built: 2003
Zoning: V-1.25
Roads: Paved,Private
Land Recorded: Regular
Property Taxes: $23,942,.88
Assessed Value: $2,046,400
Assessed Ratio: 161.26%
Listing Courtesy: Hawaii Life
Terms Acceptable: 1031 Exchange,Cash,Conventional
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All Units For Sale in Kolea Condo Villas

Kolea Villa 4A, ground floor, 3 bed/3 bath condo with privacy

Kolea at Waikoloa Beach Resort is the only beachfront resort development on the Kohala Coast that includes condominiums as well as single family homes. Kolea Villa 4A is a ground floor, 3 bedroom/3 bath condo in one of the best buildings, its front row corner location providing privacy from the busy Beach Club and from the main Waikoloa resort road. The only neighbors you see are the front gates of the luxury homes across your grassy "back yard." The ocean is close enough you can hear the waves crashing when the surf is up!

This villa has many original developer upgrades including the kitchen appliance package, travertine flooring, and electronic shades on the oversized pocket doors that roll back along the entire length of the great room. Cook in the well-appointed kitchen or outdoors on the built in summer kitchen. Carefully chosen furnishings complement the resort lifestyle, both inside and on the large covered lanai, with plenty of comfy couches and lounges for reading, chatting or napping.

This condo has an established vacation rental history and future bookings. Many guests return year after year to this desirable home, leaving rave reviews in the guest book. Only the ground floor units like this one have an attached garage. You can lock the garage when guests are in residence, keeping personal items and even a vehicle there for your use. Owners have also outfitted a locked interior closet for their personal use.

Kolea owners and their guests share the Beach Club amenities: clubhouse, exercise room, infinity edge pool, kiddy pool, hot tub. Unique to Kolea are the gate allowing direct access to the beach at Anaihoomalu Bay (or walking across the sand to Lava Lava Beach Club), and guest cottages that can be rented for a nominal nightly rate by owners with overflow guests. Kolea has an ideal location between the two Waikoloa Beach Resort hotels and near Kings Shops and Queens Marketplace for more shopping and dining options.


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2 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 Bath12/13/202206/30/2023$2,320,000$2,270,000
Average Price:  $1,977,500

 
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