57-020 Kuilima Dr #114

Ocean Villas at Turtle Bay
57-020 Kuilima Dr #114
Kahuku, HI 96731

For Sale

Sold

Sold Price

$3,738,000 (FS)

List Price

$3,988,888 (FS)

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

Land Area (sf):: --
Living (sf):: 1,411
Lanai (sf):: 135
Other (sf):: --

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

MLS #:: 202201947
Island:: Oahu
Region:: North Shore
Neighborhood:: KUILIMA
TMK:: 1-5-7-001-013-0014

List Date:: February 02, 2022
Date Sold:: March 29, 2022

REMARKS:

Ocean Villa #114 is one of the most beautiful & luxuriously renovated properties on the North Shore of Oahu. This rarely available 3 Bed 2 Bath Villa comes fully furnished rents nightly for $1, 000/nt to $2, 500/nt. (Most other homes and condos require a 30 day min rental.) With it's very high occupancy rate & high cap rate, Ocean Villas #114 is the rare unicorn in its cash flow potential. With high-end finishes, chestnut hardwood floors, travertine marble, granite counters, 2 large bunk beds, 6 beds in total, & a living room pull out queen sofa, Ocean Villas #114 can easily & luxuriously sleep 10 people. All luxury appliances, furnishings, artwork, kitchenware, linens, & future bookings are included. Turn-key! Situated seconds away to a playful swimming beach & cove, Ocean Villas is gated and also has direct access to a heated pool, jacuzzi, and BBQ's. Within the resort is the beautiful 5 Star Turtle Bay Hotel, world class golf, restaurants with fine dining, surf, heli tours, 15min helicopter shuttle to HNL, & oceanfront horse trail rides. Very close to Pipeline, Waimea, & Haleiwa town. Welcome home to paradise!

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PROPERTY INFORMATION:

Zoning:: 21 - Resort
Furnished:: Full

Year Built:: 2005
Year Remodeled:: 2020

FINANCIAL INFORMATION:

Assd. Val. Land:: $406,400
Assd. Val. Imprv:: $1,604,100
Assd. Val. Total:: $2,010,500

Tax Year:: 2021
Monthly Taxes:: $2,220
Home Exempt.:: No

Maintenance Fees:: $1,495/mo.
Association Fees:: --/mo.
Other Fees:: $38/mo.

SCHOOLS:

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

OTHER PROPERTY FEATURES:

Frontage:: Ocean
View:: Coastline, Ocean
Pool:: --
Amenities:: BBQ, Heated Pool, Pool on Property, Security Guard, Storage, Wall/Fence, Whirlpool
Inclusions:: AC Central, Cable TV, Ceiling Fan, Chandelier, Dishwasher, Disposal, Drapes, Dryer, Kitchenware, Linens, Microwave, Range Hood, Refrigerator, Washer, Water Heater
Security:: Gated Community, Security Patrol, Video
Assn. Fee Inclusions:: Cable TV, Internet Service, Other Common Expenses, Sewer, Water
Other Fee Inclusions:: Association, Maintenance

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

Disclosures:: 1031 Exchange, Property Disclosure Stmt
Possession:: At Closing
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 Monday, June 30, 2025. Information is deemed reliable but not guaranteed. Copyright: 2025 by HiCentral MLS, Ltd. Listing courtesy of HomeSmart Island Homes