75-5888 ALII DRIVE Unit F23, KAILUA KONA, HI 96740

$769,000
1
BD
1
BA
651
SqFt
List Price
$769,000
MLS#
711880
Days on Market
26
Status
ACTIVE
Type
Condo
Building
Kona Reef
Bedrooms
1
Bathrooms
1
Living Area
651
Land Tenure
Fee Simple

Property Description

Don’t miss this rare opportunity to own an established income-producing unit at Kona Reef, the best oceanfront condo complex in Kona. Its prime location is a major attraction for vacation renters looking for luxury and value. This updated penthouse features top-of-the line stainless appliances, contemporary designer furnishings & curated vintage pieces to create the perfect island vacation experience. With true elevator access (no stairs!) F building is highly sought after for its ease of accessibility. Mini-split air-conditioning with separate controls for both living area and bedroom plus double paned windows and sliding door upgrades guarantee quiet and cool enjoyment. A stacked in-unit washer and dryer add to all the comforts of home. The spacious private lanai features captivating views of dolphins, whales, surfers, and Kailua Bay’s spectacular sunsets. Kona Reef is located in the heart of the resort district just a short walk to exquisite dining choices, nighttime entertainment, farmer’s markets, boutique shopping, and captivating seasonal events. Easy access to charming, tree-shaded Honl’s beach is right next door. A wide-range of amenities and services enhance the guest experience: heated resort-style pool w/ in-ground jacuzzi, new loungers, covered outdoor dining area with stainless steel BBQ's, and well-maintained lush grounds including an expansive grassy area overlooking the ocean. A wide range of outdoor activities await, including snorkeling, surfing, hiking, scuba-diving, and relaxing at The Big Island’s famous world-class beaches. Hawaii continues to be a popular vacation destination drawing millions of visitors a year and owners of updated units in prime locations such as F-23 command premium, year round rental rates. High-speed wi-fi and complimentary parking for guests add to the value of this very special unit. This is truly an exceptional, not-to-be-missed investment opportunity for a ready-to-rent turnkey unit.

Additional Information

Monthly Maint Fee
$946
Solid Waste Disposal Trash
Included with Maintenance Fees
Roads
County
Parking
Unassigned
Taxes Annual
$6478
View
Ocean Horizon, Ocean, Coastline
Appliances
Disposal, Dishwasher, Microwave, Refrigerator, Range/Oven
Zoning
V-.75
Security
Security Guard, Security Systems
Water
County
Power
Underground
Window Coverings
Drapes
Frontage
Almost Oceanfront, Ocean, Ocean
Heating Cooling
Split/Zoned
Sewer
Sewer-Connected
Assessed Value
646700
Topography
Fairly Level
Floor Covering
Carpet
Unit
F23
Washer Dryer
Stacked Washer/Dryer
District
North Kona
Pool
Yes
Unit Description
Penthouse
Year Built
1980

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of COMPASS.

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