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For sale
  • Price cut: $5K (7/12)
    $425,000

    68-3831 Lua Kula St #L208, Waikoloa, HI 96738

    2beds
    785sqft
    : 
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    Condominium
    Built in 1989
    -- sqft lot
    $420,100 Zestimate®
    $541/sqft
    $958/mo HOA

    What's special

    Freshly painted second-floor unitVinyl wood flooringPfister fixturesKohler sinkPrivate serene lanai viewCordless blindsRecessed and pendant lighting
    Offering strong value within Waikoloa Village, this upgraded and partially furnished 2-bedroom, 2-bath condo offers a versatile opportunity for full-time living, second home use, or income-producing investment. Located within the private, gated community of Fairway Terrace, Unit L208 sits in the desirable upper section of the complex, offering a peaceful setting with nearby open green space and a private serene lanai view. This freshly painted second-floor unit has been thoughtfully refreshed with upgrades completed in recent years, including granite countertops in the kitchen and bathrooms, custom African Mahogany and Mango wood cabinetry with soft-close hinges, Kohler sink, Pfister fixtures, recessed and pendant lighting, ceiling fans, vinyl wood flooring, newer screened windows and lanai door, cordless blinds. Additional updates include a new water heater and leak alarm, new television and interior paint. Sold partially furnished, the unit includes a newer sofa, TV, bar stools, bed frames with Sealy mattresses, desk, side tables, lamps, and kitchenware—making it move-in or rental ready. Zoned for short-term vacation rentals (STVR), this property provides flexibility to generate rental income now while securing your future place in Hawai‘i. Additional features include one covered, deeded parking stall (#72), solar panels for reduced electric costs, and upcoming exterior paint improvements within the complex. Fairway Terrace amenities include a pool, spa, fitness center, BBQ area, car wash station, and community laundry. Conveniently located near Waikoloa Highlands Shopping Center, Waikoloa Plaza, and Waikoloa Village Golf Course as well as a short drive to some of most beautiful beaches Hawai'i has to offer. Waikoloa Village Association membership offers added benefits, including discounted golf, community pool, tennis, and more.
    71 days
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    291
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    7
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    Zillow last checked:

    Listing updated:

    Listed by:

    Linda L Hussey 8086406972,

    Hawaii Life

    Source: Hawaii Information Service,MLS#: 729410MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Appliances
      • Included: Dishwasher, Microwave Hood, Range, Washer/Dryer Stacked
      Features
      • Flooring: Carpet, Vinyl
      • Windows: Blinds
      • Has fireplace: No
      Interior area
      • Total structure area: 785
      • Total interior livable area: 785 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Assigned, Detached
      Features
      • Pool features: Outdoor Pool, Pool/Spa Combo
      • Has spa: Yes
      Details
      • Parcel number: 3680030020175
      • Zoning: RM-1.5
      • Special conditions: Fee Simple,Standard

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Condition
      • Year built: 1989

      Utilities & green energy

      • Water: Private
      • Utilities for property: Cable Available, Electricity Available, Phone Available, Sewer Connected, Underground Utilities

      Community & HOA

      Community
      • Subdivision: WAIKOLOA VILLAGE
      HOA
      • Has HOA: Yes
      • HOA fee: $958 monthly
      Location
      • Region: Waikoloa

      Financial & listing details

      • Price per square foot: $541/sqft
      • Tax assessed value: $442,600
      • Annual tax amount: $5,467
      • Date on market: 5/7/2026
      • Listing terms: Cash,Conventional
      • Ownership: CPR
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $420,100

        $399,000 - $441,000

        $2,785/mo

        Price history

        DateEventPrice
        7/12/2026Price change$425,000-1.2%$541/sqft
        Source: Hawaii Information Service #729410 Report a problem
        5/7/2026Listed for sale$430,000+62.3%$548/sqft
        Source: Hawaii Information Service #729410 Report a problem
        7/24/2020Sold$265,000+40.2%$338/sqft
        Source: Hawaii Information Service #637952 Report a problem
        3/31/2018Sold$189,000$241/sqft
        Source: Hawaii Information Service #613275 Report a problem
        1/2/2018Pending sale$189,000$241/sqft
        Source: Hawaiis4me Vacation Rental & Property #613275 Report a problem
        12/18/2017Listed for sale$189,000+92.9%$241/sqft
        Source: Hawaiis4me Vacation Rental & Property #613275 Report a problem
        10/23/2002Sold$98,000$125/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $467,300 +9.3%
        2024$5,002 +13.8%$427,500 +13.8%
        2023$4,396 +22.6%$375,700 +22.6%
        2022$3,585 +20.8%$306,400 +20.8%
        2021$2,967 +392.5%$253,600 +38.5%
        2020$603 $183,100 +3%
        2019-- $177,800 +8%
        2018$1,689 +15.7%$164,600 +14%
        2017$1,460 +47.7%$144,400 +7.3%
        2016$989 $134,600 +13.8%
        2015$989 $118,300 +9.1%
        2014$989 $108,400
        Find assessor info on the county website

        Monthly payment

        Est. payment

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 96738

        Getting around

        36 / 100
        Car-Dependent
        32 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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