57-020 Kuilima Dr #306

Ocean Villas at Turtle Bay
57-020 Kuilima Dr #306
Kahuku, HI 96731

For Sale

Active

List Price

$4,650,000 (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

Sale Conditions:

Subject To Replacement Property

MLS #:: 202214682
Island:: Oahu
Region:: North Shore
Neighborhood:: KUILIMA
TMK:: 1-5-7-001-013-0045

List Date:: August 01, 2022

REMARKS:

This LEGAL SHORT TERM RENTAL direct oceanfront luxury 3 bedroom 2 bath condominium unit is located on the third floor of building “A” with direct ocean views. With new, extremely robust and rigid city and county regulations being enacted on short term rental properties all over Oahu, this property and the solid history of income stands out among all investment properties on Oahu. Perched on the 3rd floor, this premium unit has direct ocean views across the pool and highly manicured garden area. With world-class golf, surfing, amenities, restaurants and the entire resort lifestyle, this is one of the only LEGAL short term rental opportunities on the North Shore. Please feel free to reach out for information on the income history of this LEGAL short term rental property.

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PROPERTY INFORMATION:

Zoning:: 21 - Resort
Furnished:: Full

Year Built:: 2005
Year Remodeled:: --

FINANCIAL INFORMATION:

Assd. Val. Land:: $435,500
Assd. Val. Imprv:: $1,747,700
Assd. Val. Total:: $2,183,200

Tax Year:: 2021
Monthly Taxes:: $2,528
Home Exempt.:: $0

Maintenance Fees:: $1,691/mo.
Association Fees:: --/mo.
Other Fees:: $43/mo.

SCHOOLS:

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

OTHER PROPERTY FEATURES:

Frontage:: Ocean, Sandy Beach
View:: Coastline, Garden, Ocean
Pool:: --
Amenities:: BBQ, Condo Association Pool, Heated Pool, Security Guard, Walking/Jogging Path, Wall/Fence, Whirlpool
Inclusions:: AC Central, Auto Garage Door Opener, Cable TV, Convection Oven, Dishwasher, Disposal, Drapes, Dryer, Kitchenware, Linens, Microwave, Range/Oven, Refrigerator, Smoke Detector, Washer
Security:: Key, Security Patrol
Assn. Fee Inclusions:: Cable TV, Internet Service, Sewer, Water
Other Fee Inclusions:: Special Assessment

Lot Description:: --
Topography:: --
Number of Stories:: Three
Building Style:: Low-Rise 6 or Less Stories
Property Condition:: Excellent
Construction:: Double Wall, Hollow Tile, Wood Frame
Roofing:: --
Floor Covering:: Hardwood, Marble/Granite

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

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

Compensation*:: 2.5

* The offer of compensation to cooperating brokers is made only to the Participants and MLS Subscribers of HICMLS or Participants and MLS Subscribers of other Reciprocating Boards as set forth in that certain Multiple Listing Service Reciprocal Agreement, as amended from time to time, which is incorporated herein by reference.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Monday, August 8, 2022. Information is deemed reliable but not guaranteed. Copyright: 2022 by HiCentral MLS, Ltd. Listing courtesy of Compass