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75-5888 ALII DRIVE #F23 Kailua-Kona, HI 96740
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Key Details
Sold Price $765,000
Property Type Condo
Listing Status Sold
Purchase Type For Sale
Square Footage 651 sqft
Price per Sqft $1,175
MLS Listing ID 711880
Sold Date 11/04/24
Bedrooms 1
Full Baths 1
Year Built 1980
Annual Tax Amount $6,478
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.
Location
State HI
Area North Kona
Building/Complex Name Kona Reef
Zoning V-.75
Interior
Heating Split/Zoned
Cooling Split/Zoned
Flooring Carpet
Exterior
Garage Unassigned
Fence Rock/Stone
Pool Yes
Waterfront N
View Ocean Horizon, Ocean, Coastline
Building
Sewer Sewer-Connected
Water County
Others
Monthly Total Fees $946
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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