57-020 Kuilima Dr #207

Ocean Villas
57-020 Kuilima Dr #207
Kahuku, HI 96731

For Sale

Sold

Sold Price

$2,550,000 (FS)

List Price

$2,700,000 (FS)

Property Type:: Condo/Townhouse
Bedrooms:: 3
Full Baths:: 2
Half Baths:: 0

Land Area (sf):: --
Living (sf):: 1,538
Lanai (sf):: 160
Other (sf):: --

Parking Stalls:: 1 - Assigned, Guest, Open - 1, Secured Entry

MLS #:: 202107091
Island:: Oahu
Region:: North Shore
Neighborhood:: KUILIMA
TMK:: 1-5-7-001-013-0028

List Date:: March 16, 2021
Date Sold:: July 30, 2021

REMARKS:

Enjoy the North Shore at it's finest. Ocean Villas at Turtle Bay offers so many options... Live in an oceanfront building with world class amenities and activities nearby or enjoy part time or place in vacation rental pool. This legally zoned vacation rental complex has so many options! Since the advent of Bill 89, it's nearly impossible to find a legal vacation rental on the North Shore. These seldom become available as they cash flow well and owners tend to keep them for a long time. With no new vacation rentals on the horizon, demand is high for such limited supply. Great opportunity for such a treasured property and location.

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PROPERTY INFORMATION:

Zoning:: 21 - Resort
Furnished:: Negotiable

Year Built:: 1972
Year Remodeled:: 2005

FINANCIAL INFORMATION:

Assd. Val. Land:: $548,000
Assd. Val. Imprv:: $1,534,400
Assd. Val. Total:: $2,082,400

Tax Year:: 2020
Monthly Taxes:: $2,412
Home Exempt.:: $0

Maintenance Fees:: $1,693/mo.
Association Fees:: --/mo.
Other Fees:: --/mo.

SCHOOLS:

Elem. School:: Kahuku
Middle School:: Kahuku
High School:: Kahuku

OTHER PROPERTY FEATURES:

Frontage:: Ocean, Sandy Beach, Waterfront
View:: Coastline, Garden, Ocean
Pool:: --
Amenities:: BBQ, Heated Pool, Pool on Property, Security Guard, Storage, Wall/Fence, Whirlpool
Inclusions:: AC Central, Book Shelves, Cable TV, Ceiling Fan, Chandelier, Convection Oven, Dishwasher, Disposal, Drapes, Dryer, Kitchenware, Linens, Microwave, Range Hood, Range/Oven, Refrigerator, Security System, Smoke Detector, Washer, Water Heater
Security:: Gated Community, Key, Security Patrol
Assn. Fee Inclusions:: Cable TV, Internet Service, Other Common Expenses, Sewer, Water
Other Fee Inclusions:: --

Lot Description:: --
Topography:: --
Number of Stories:: Three
Building Style:: Condotel, Low-Rise 6 or Less Stories
Property Condition:: Excellent
Construction:: Concrete, Masonry/Stucco, Steel Frame, Wood Frame
Roofing:: --
Floor Covering:: Ceramic Tile, Hardwood, Other

Disclosures:: 1031 Exchange, Property Disclosure Stmt
Possession:: 45 Days or Less, At Closing, Negotiable
Terms Accept.:: Cash, Conventional
Land Recorded:: Dual Systems

Exclusions:: --
Easements:: --
Set-Backs:: --

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Sunday, September 19, 2021. Information is deemed reliable but not guaranteed. Copyright: 2021 by HiCentral MLS, Ltd. Listing courtesy of Harcourts Island Real Estate