Kukilakila
539 Keolu Dr #C
Kailua, HI 96734

For Sale
Active
List Price
$293,000 (LH)
Property Type:
Condo/Townhouse
Bedrooms:
4
Full Baths:
2
Half Baths:
1
Land Area (sf):
1,942
Living (sf):
1,625
Lanai (sf):
--
Other (sf):
--
Parking Stalls:
2 - Garage, Guest

Sale Conditions:

Lender Sale

MLS #:
202323758
Island:
Oahu
Region:
Kailua
Neighborhood:
KUKILAKILA
TMK:
1-4-2-094-041-0000
List Date:

REMARKS:

*LEASEHOLD w/fee available* Welcome to a remarkable investment opportunity in Kailua's picturesque Enchanted Lakes neighborhood! This bank-owned, leasehold, two-story townhome boasts four bedrooms and two-and-a-half bathrooms. The property includes a two-car garage for convenient parking and storage and a large lanai facing Ka’elepulu Pond, perfect for enjoying stunning views and outdoor relaxation. With its spacious layout and prime waterfront location, this townhome is ideal for investors looking to flip or rent out and owner-occupants seeking a serene and stylish residence. This is a haven for outdoor recreational activities, shopping enthusiasts, and culinary adventures. A leasehold property in Hawaii means that you own the structure but lease the land it sits on for a specified period, making it an affordable way to own property in this desirable location. All buyers are responsible for confirming City, County, Zoning, Tax, Association, Leasehold, Schools, and other records to their satisfaction before bidding. There are no inspection contingencies in the contract. No repairs before closing. This property is sold AS-IS. This is a REO auction property.

PROPERTY INFORMATION:

Zoning:
5 - R-5 Residential
Furnished:
--
Year Built:
1974
Year Remodeled:
--

FINANCIAL INFORMATION:

Assd. Val. Land:
$469,400
Assd. Val. Imprv:
$853,800
Assd. Val. Total:
$1,323,200
Tax Year:
2023
Monthly Taxes:
$320
Home Exempt.:
$0
Maintenance Fees:
$758/mo.
Association Fees:
--/mo.
Other Fees:
--/mo.
Land Tenure
Leasehold
Fee Options
Fee Available
Lessor:
David Bangert
Lease Rent:
784.00/2030
Next Step-Up:
--/--
2nd Step-Up:
--/--
Fee Purchase:
$1,050,000
Reneg Date:
--
Lease Exp:
--

SCHOOLS:

Elem. School:
Kailua
Middle School:
Kailua
High School:
Kailua

OTHER PROPERTY FEATURES:

Frontage:
Lake/Pond, Waterfront
View:
Other
Pool:
--
Amenities:
BBQ, Club House, Community Association Pool, Exercise Room, Other, Pool on Property, Resident Manager, Walking/Jogging Path
Inclusions:
Ceiling Fan, Other
Security:
--
Assn. Fee Inclusions:
--
Other Fee Inclusions:
--
Lot Description:
--
Topography:
--
Number of Stories:
Two
Building Style:
Townhouse
Property Condition:
Fair
Construction:
Double Wall, Slab
Roofing:
--
Floor Covering:
Other
Disclosures:
None, See Remarks
Possession:
At Closing
Terms Accept.:
Cash, Other
Land Recorded:
Regular System
Exclusions:
--
Easements:
--
Set-Backs:
--
Compensation*:
3
Compensation Type:
%

* 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, July 27, 2024.  Information is deemed reliable but not guaranteed.  Copyright: 2024 by HiCentral MLS, Ltd.  Listing courtesy of REALHome Services & Solutions