Beds: 3
Baths: 3 | 1
Sq. Ft.: 2,147
Listing #606010
PRICED TO SELL! This very nicely appointed front row unit boasts a very private location with a nice ocean view as well. The Sellers enjoyed Kolea 5E as a sparingly used 2nd home for approximately 8 years until they purchased the Penthouse unit directly above 5E. After their renovation of the Penthouse was complete, they converted 5E into a rental in 2015. In 2016, the first full year 5E was in the Waikoloa Vacation Rental program, this unit had a gross income of over $100,000. Future bookings are just as strong. 5E already has significant bookings in 2018, including one booking for 2 months in the winter of 2018. With the purchase of 5E, a discriminating buyer will obtain the best of both worlds, a beautiful property that has been relatively sparingly used for most of its history that has been converted into a very successful vacation rental. This villa, with it's stellar rental history achieved in a short period of time, should provide for its new owners an increasing revenue stream in the future.

And of course, this villa is located within Kolea, the premier development in the Waikoloa Beach Resort, and the only one with direct beach access. This Villa has an expansive ocean view over the roofs of the homes across the street, each of which are certainly among the finest single family residences in the Resort. Other features include: 9' retractable doors, 422 SF of lanai, steel frame construction, an outdoor kitchen, African mahogany trim, tile floors, Viking and Subzero appliances. Within easy walking distance is the Kolea Beach Club, with its guest hales, workout facility, hot tub, children's pool, and most importantly direct beach access to beautiful Anaeho'omalu Bay. A short stroll away are the King's Shops and the Queen's Marketplace, with their world class dining and shopping facilities. A new deluxe movie theater is scheduled to open this summer in the Queen's Marketplace. Come live your dreams today!
Property Features
Location Information
District: South Kohala
Latitude: 19.9190585008
Longitude: -155.887961937
Subdivision: Kolea Subdivision
Interior Features
1/2 Baths: 1
Heating/Cooling: Air Conditioning, Split/Zoned
Floors: Carpet, Stone
Laundry: Front Load, Washer
Appliances: Disposal, Dishwasher, Gas Grill, Microwave, Refrigerator, Wine Cooler, Water Heater
Features: Ceilings-9'+, Built-in-Book Shelves, Ceiling Fan, Inventory, Kitchenware, Kitchen Window, Open Lanai, Storage Area, Smoke/Heat Detector
Exterior Features
Design: Steel Frame
Septic or Sewer: Sewer-Connected
Water: Private
Security: Gated Community, Security Guard
Parking Description: Auto Garage Door Opener, Attached
Has a Pool: No
Lot Size in Acres: 0
Lot Size in Sq. Ft.: 0
Zoning: V-1.25
Road Description: Private
Is Oceanfront Parcel: No
View Description: Bay, Coastline, Mountain, Ocean, Ocean Horizon, Sunset
Additional Information
Property Type: CND
Year Built: 2003
Unit Description: End Unit, Single Level
Taxes: 18243.81

$ per month
Year Fixed. % Interest Rate.
Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $
Interest Rate
Down Payment
List Price:
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Courtesy of:
Hawaii Luxury Listings LLC
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© 2017 MLS Hawaii, Inc. All rights reserved.
Provided Courtesy of Hawaii Information Service. In this page not only will you see properties represented by Hawaii International Real Estate Services, LLC , but also properties represented by other members of Hawaii Information Service. This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is updated approximately every two hours. The last update time is shown below.
HIS data last updated at November 21, 2017 6:59 PM HAST
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