Overview
*LEASEHOLD w/fee available* Welcome to a remarkable investment opportunity in Kailua's picturesque Enchanted Lakes neighborhood! This 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 Kaâelepulu 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. This property is sold AS-IS. There are no inspection contingencies in the contract. The Seller will not turn on utilities. This is an auction property.
Property Details
- Amenities
- BBQ, Club House, Community Association Pool, Exercise Room, Other, Pool on Property, Resident Manager, Walking/Jogging Path
- Building Name
- Kukilakila
- Construction Materials
- Double Wall, Slab
- Floor Number
- 1
- Flooring
- Other
- Neighborhood
- Kukilakila
- Parking Features
- Garage, Guest
- Parking Total
- 2
- Property Frontage
- Lake/Pond, Waterfront
- Property Type
- Condo/Townhouse
- Garage Carport SqFt
- 460
- Living Area SqFt
- 1,625
- Total SqFt
- 1,625
- Status
- Active
- Stories
- 2
- Unit Features
- Multi Level, Yard
- View
- Other
- Year Built
- 1974
Additional Property Info
- Disclosures
- None, See Remarks
- Days on Market
- 627
- Elementary School
- Kailua
- Fee Purchase
- $1,050,000
- Flood Zone
- Zone X
- High School
- Kailua
- Lease Expiration Date
- 06/01/2030
- Lease Fee Month
- $784
- Maintenance Expense
- $758
- Middle/Junior School
- Kailua
- Property Condition
- Fair
- Tax Amount
- $320
- Tax Assessed Value
- $1,323,200
- Tax Assessed Value Improvements
- $853,800
- Tax Assessed Value Land
- $469,400
- Zoning
- 05 - R-5 Residential District
Courtesy of Drew Hershey, REALHome Services & Solutions.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright 2024 by HiCentral MLS, Ltd.
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