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SOLD
MLS: 246366
 
Asking Price: $349,000 Fee Simple
Sold Price: $290,000
Sold Date: 04/13/2012
Type: Land
District: Hanalei
Street: 4124 Aloali\'i Drive
Neighborhood: Queen Emma Bluffs
Monthly Association Fee: $104.08
Style: Vacant
Land Area: 8,908 SF
Days on Market: 4659
(The Price of the property was lowered by $40,000 on 10/24/2011)
Zoning: R-6
Roads: Private
Land Recorded: Regular
Property Taxes: $1,230
Assessed Value: $311,300
Assessed Ratio: 112.11%
Listing Courtesy: Coldwell Banker Bali Hai Realty, Inc.
Terms Acceptable: Cash,Conventional
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4124 Aloali\'i Drive at Queen Emma\'s Bluff in Princeville

4124 Aloali’i Drive represents a great opportunity to secure one of the remaining vacant lots at Queen Emma’s Bluff in Princeville. The lot fronts the 5th hole of the Prince Golf Course, which is undergoing a multi-million dollar renovation scheduled to be completed in October of 2011. The lot’s western exposure towards Bali Hai sets up well for sunset views.

Aloali’i Drive’s two most recent residential sales were $1.8M and $1.675M and the last two lot sales were $600K and $435K. Across the street from 4124 Aloali’i Drive sits one of the largest homes in all of Princeville, which is located on two lots. There are also two new custom homes being built on Aloali’i Drive. The sale of the property includes 20-hours of design consulting with Lincoln Design. There is the potential for Seller-financing, which would be available for qualified Buyers with a substantial down payment.

Queen Emma’s Bluff is one of the most popular and sought after neighborhoods in Princeville. The gated cul-de-sac is walking distance to shops, restaurants and the beach path to Anini.


 
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