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Sold for $2,500,000
  • $2,500,000

    69-1000 Kolea Kai Cir Unit 2E, Waikoloa, HI 96738

    3beds
    2,147sqft
    Condominium
    Built in 2003
    -- sqft lot
    $2,498,200 Zestimate®
    $1,164/sqft
    $4,703 Estimated rent

    Home value

    $2,498,200

    $2.30M - $2.72M

    $4,703/mo

    Zestimate® history
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    What's special

    Ocean viewWorkout facilityLuxury movie theaterSpacious lanaisInfinity edge poolSemi-private elevatorOutdoor amphitheater
    Rare opportunity to purchase a large 3 bedroom Kolea condominium as a short sale. Villa 2E is being sold strictly as is. A new owner can rehabilitate this condominium and enjoy the exclusive community of Kolea at a relatively affordable price. The pictures in this listing are virtually staged and represent what the Villa could look like when furnished and appointed. PRICED TO SELL-over $500K less than the average selling price of the last four Kolea condominium sales in this floor plan. The last short sale of a Kolea condominium occurred in March of 2017. Kolea is the premier property in the Waikoloa Beach Resort, and one of the finest developments on the Kohala Coast of the Big Island of Hawaii. The community is located adjacent to Anaehoomalu Bay, and is the only beach front development in the Resort. Within walking distance is world class shopping, golf, and dining. Entertainment options at the Resort include a luxury movie theater and an outdoor amphitheater which hosts cultural and musical events. The community consists of 126 condominiums and 17 single family lots. All Kolea owners can enjoy the Beach Club, which includes a workout facility, an infinity edge pool, spa, and two guest hales. The guest hales are a unique feature of Kolea. Owners can reserve these two structures for friends and family visits. Villa 2E includes all of the features that combine to make a these condominiums among the finest on the Kohala Coast of the Big Island. Standard features include spacious lanais, steel frame construction with concrete floors, 9' retractable doors leading to the lanais, African mahogany trim, outdoor kitchens on the lanais, African Mahogany trim, and upscale appliances. This 2147 SF, 3 bedroom 3 & 1/2 bath second floor unit boasts 429 SF of lanais, an ocean view, is served by a semi-private elevator, and includes a one car garage. 2E is an opportunity as an investment, second home or primary residence. Come live your dreams today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Chad Weigle 8087562038,

    Hawaii Luxury Listings

    Bought with:

    Katharine E Howard, RS-45349

    Hawaii Life

    Source: Hawaii Information Service,MLS#: 663190MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Cooling
    • Air Conditioning, Central Air
    Appliances
    • Included: Dishwasher, Disposal, Electric Cooktop, Indoor Grill, Microwave, Oven, Wine Cooler
    Features
    • High Ceilings
    • Flooring: Carpet
    • Windows: Blinds
    • Has fireplace: No
    • Common walls with other units/homes: End Unit
    Interior area
    • Total structure area: 2,147
    • Total interior livable area: 2,147 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Detached
    • Garage spaces: 1
    Features
    • Has view: Yes
    • View description: Coastline, Ocean, Sunset
    • Has water view: Yes
    • Water view: Ocean
    Details
    • Parcel number: 3690110190011
    • Zoning: V-1.25
    • Special conditions: Fee Simple,Short Sale

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Steel Frame
    Condition
    • Year built: 2003

    Utilities & green energy

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

    Community & HOA

    Community
    • Security: Gated Community, Smoke Detector(s)
    • Subdivision: KOLEA SUBDIVISION
    HOA
    • Has HOA: Yes
    • HOA fee: $3,002 monthly
    Location
    • Region: Waikoloa

    Financial & listing details

    • Price per square foot: $1,164/sqft
    • Tax assessed value: $2,116,400
    • Annual tax amount: $24,761
    • Date on market: 7/8/2022
    • Listing terms: 1031 Exchange,Cash,Conventional
    • Ownership: CPR
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    6/27/2024Sold$2,500,000-10.7%$1,164/sqft
    Source: Hawaii Information Service #663190 Report a problem
    7/8/2022Listed for sale$2,800,000+115.4%$1,304/sqft
    Source: Hawaii Information Service #663190 Report a problem
    6/22/2022Listing removed--
    Source: Zillow Rental Network Premium Report a problem
    6/15/2022Listed for rent$4,200+13.5%$2/sqft
    Source: Zillow Rental Network Premium Report a problem
    6/24/2020Listing removed$3,700$2/sqft
    Source: Hawaiian Dream Properties LLC Report a problem
    4/8/2020Listed for rent$3,700$2/sqft
    Source: Hawaiian Dream Properties LLC Report a problem
    9/14/2019Listing removed$1,300,000$605/sqft
    Source: Sonoma Creek Realty, LLC #620572 Report a problem
    2/13/2019Listed for sale$1,300,000$605/sqft
    Source: Sonoma Creek Realty, LLC #620572 Report a problem
    10/3/2018Pending sale$1,300,000$605/sqft
    Source: Sonoma Creek Realty, LLC #620572 Report a problem
    8/13/2018Price change$1,300,000+62.5%$605/sqft
    Source: Sonoma Creek Realty, LLC #620572 Report a problem
    6/20/2018Pending sale$800,000$373/sqft
    Source: Sonoma Creek Realty, LLC #617907 Report a problem
    6/20/2018Listed for sale$800,000-48.8%$373/sqft
    Source: Sonoma Creek Realty, LLC #617907 Report a problem
    3/11/2005Sold$1,561,000$727/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $2,243,400 +6%
    2024$24,762 $2,116,400
    2023$24,762 +43.8%$2,116,400 +43.8%
    2022$17,217 +21.8%$1,471,500 +21.8%
    2021$14,131 +1.6%$1,207,800 +1.6%
    2020$13,910 $1,188,900
    2019-- $1,188,900
    2018-- $1,188,900 +2.9%
    2017$11,407 $1,155,400 +12.1%
    2016$11,407 $1,031,100 +4.6%
    2015$11,407 $985,800 +8.8%
    2014$11,407 $905,700
    Find assessor info on the county website

    Neighborhood: Waikoloa Beach Resort

    Nearby schools

    GreatSchools rating
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    $2,498,200
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    $2,548,164