Ocean Villas at Turtle Bay
57-020 Kuilima Dr #218
Kahuku, HI 96731

For Sale
Active Under Contract
List Price
$5,400,000 (FS)
Property Type:
Condo/Townhouse
Bedrooms:
4
Full Baths:
3
Half Baths:
0
Land Area (sf):
--
Living (sf):
2,391
Lanai (sf):
158
Other (sf):
--
Parking Stalls:
1 - Assigned, Guest, Unassigned
MLS #:
202301420
Island:
Oahu
Region:
North Shore
Neighborhood:
KUILIMA
TMK:
1-5-7-001-013-0039
List Date:

REMARKS:

The 4Bed/3Bath Ocean Villas 218 is one of the most beautiful & luxurious turnkey oceanfront vacation rentals on Oahu. Located adjacent to Turtle Bay Resort on the North Shore, OV218 is just seconds away from the Ocean Villas swimming pool, hot tub, and a beautiful & playful white sandy beach cove next to Roy's Beach House restaurant. With its high occupancy, high nightly rate, & correspondingly high cap rate, OV218 has excellent cashflow potential. One could self-manage, hire a property manager, or have Turtle Bay Resort manage OV218, the latter of which would include perks such as free hotel stays & access to the hotel pool & gym. Located in the the most desirable building in the gated Ocean Villas, OV218 has spectacular direct ocean views from its serene and spacious lanai and also both master bedrooms. All luxury appliances, high-end furnishings, artwork, kitchenware & future bookings can be included. Within the resort is a beautiful 5 Star hotel, world class golf, fine dining, surf, & heli tours. Minutes away from North Shore beaches, Pipeline, Waimea Bay, Haleiwa, & less than an hour from Honolulu. Very easy to view on short notice. Welcome home to paradise. Aloha!

PROPERTY INFORMATION:

Zoning:
21 - Resort
Furnished:
Full
Year Built:
2005
Year Remodeled:
2021

FINANCIAL INFORMATION:

Assd. Val. Land:
$696,800
Assd. Val. Imprv:
$2,480,800
Assd. Val. Total:
$3,177,600
Tax Year:
2022
Monthly Taxes:
$3,681
Home Exempt.:
No
Maintenance Fees:
$2,596/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, Sunrise
Pool:
--
Amenities:
BBQ, Heated Pool, Patio/Deck, Pool on Property, Security Guard, Storage, Wall/Fence, Whirlpool
Inclusions:
AC Central, Book Shelves, Cable TV, Ceiling Fan, Dishwasher, Disposal, Drapes, Dryer, Kitchenware, Linens, Microwave, Range Hood, Range/Oven, Refrigerator, 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:
Association, Maintenance, Sewer
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
Roofing:
--
Floor Covering:
Ceramic Tile, Hardwood
Disclosures:
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 Saturday, June 3, 2023.  Information is deemed reliable but not guaranteed.  Copyright: 2023 by HiCentral MLS, Ltd.  Listing courtesy of HomeSmart Island Homes