Sold MLS: 379744   Condo: Maui Eldorado I #K-107 (Floor: 1)   Asking Price: $249,000 Leasehold Lease Expires: 01/01/2043 Sold Price: $240,000 Sold Date: 02/08/2019 District: Kaanapali City: Lahaina Street: 2661 Kekaa Dr Maintenance Fee: $707.00 Beds: 0   Baths: 1 Living Area: 570 SF Land Area: 10.2 Acres Vacation Rentable: Yes Features: Garden View, Pool Days on Market Until Sold: 161

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The Maui Eldorado resort is right in the heart of Kaanapali - one of the most recognized resort names in the world. With slightly over 200 studio, one bedroom and two bedroom units, three pools and a private beach cabana (for the exclusive use of owners and Eldorado guests), the two story resort is well designed to provide owners and guests with a piece of paradise on the island of Maui. This spacious studio (570 interior square feet and an additional 92 square feet of covered lanai) has been renovated and is fully furnished, including central a/c and a washer/dryer in the unit. Maui Eldorado is "part fee simple/part leasehold", meaning the owners collectively possess 10% of the common land and the remainder is held by the Hoyle Trust. Ownership at the Maui Eldorado allows you to live there full time, use it as a second home or rent it on a short term (as little as one night at a time) or long term basis, giving you the ultimate in owner usage flexibility. Please do not miss this opportunity... it is "simply wow"! Ask your Realtor to share how this unit can provide positive pre-tax cash flow, even with a mortgage and a rental manager!

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