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SOLD
MLS: 710899
Condo: Fairway Terrace #L205
 
Asking Price: $439,000 Fee Simple
Sold Price: $420,111
Sold Date: 09/24/2024
Type: Condo/Residential Condo
District: South Kohala
Street: 68-3831 Lua Kula St
Neighborhood: Waikoloa Village
Monthly Association Fee: $87.5
Beds: 2   Baths: 2
Living Area: 785 SF

Pool: Yes
Parking: Assigned
Days on Market: 127
Year Built: 1989
Zoning: RM-1.5
Roads: County
Land Recorded: Regular
Property Taxes: $3,584,.88
Assessed Value: $306,400
Assessed Ratio: 143.28%
Listing Courtesy: KW Big Island
Terms Acceptable: 1031 Exchange,Cash,Conventional,FHA,USDA-Rural Dev,VA
Google Map   County Records
 
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Charming 2-bed, 2-bath condo - own your own slice of Paradise!

Welcome to Fairway Terrace, a gated community in the heart of Waikoloa Village.

This beautifully upgraded 2-bedroom, 2-bath upstairs condo offers 785 square feet of stylish living space. The unit has been thoughtfully upgraded with modern finishes and fixtures, creating an inviting atmosphere you'll love coming home to.

Enjoy the open floor plan, perfect for comfortable living and entertaining. The contemporary kitchen , with full size washer and dryer, flows seamlessly into the bright and airy living and dining areas. Both bedrooms provide ample space and comfort, while the bathrooms feature modern fixtures and finishes.

Situated in a desirable community, Fairway Terrace offers a fantastic opportunity to own a stunning condo priced under $450K – a rare find! Short Term Vacation Rentals are allowed in this complex, with a 6 day minimum.

Fairway Terrace has a lovely recreation area, which includes:
* Large swimming pool, hot tub, gym, BBQ area with shaded gazebo
* Small library
* On-site Management office

The entire complex has solar, and the cost savings on electricity are passed along to owners and tenants. The solar panels also create covered parking, which is a plus to have on those warm Hawaiian summer days.

The Master Association offices, pool, bookmobile, golf and Johnny’s Restaurant are in close proximity, with the Highlands Shopping Center a short stroll away. It’s an easy 15 minute drive down to the Kohala Coast with its’ world class shopping, dining and white sand beaches.

A pre-listing home inspection was conducted by Top Notch Home Inspections – see attached. It scored well, and suggested minor repairs have been made.
(Note: The unit is staged, and furnishings do not convey.)


 
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