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    3811 Edward Rd

    Princeville, HI 96722
    • $17,000
    • STATUS: Active
    • ON SITE: 77 days
    • MLS #: 645303
    Foreclosure
    UPDATED: 63 min ago
    $17,000
    • 4
      BEDS
    • 27.46
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 1,864
      SQFT
    • $9
      $/SQFT
    Neighborhood:
    Type:
    Condo
    Built:
    1980
    Area:

    School Ratings & Info

    Description

    MOTIVATED SELLER! The $17,000 List Price is far below the Developer's current sale price of $42,000+. This could be a multiple offer situation.THIS IS A FRACTIONAL OWNERSHIP PROPERTY. Owners receive a fee-simple undivided interest in a condominium with use rights for the four-bedroom unit for two-weeks each year, beginning 2021. This ownership comes with points which can be used to reserve other units, outside their deeded season, residence type and home resort.THE PROPERTY IS ZONED AND APPROVED FOR NIGHTLY RENTALS. In 2019 the average rental rate was approximately $500-$1,000/night. The Cliffs is the perfect island retreat. Located on adjacent to Hanalei Bay beaches, this spacious villa includes private lanais, full-sized kitchen, washer and dryer, generous living and dining areas, and Wi-Fi. The beachfront resort includes on site amenities including multiple pools, spa, tennis, restaurant, gym, full concierge, security, spa and other services.PAYMENT IS MADE VIA CREDIT CARD OR PAYPAL. Due to the extremely low price, payment is accepted via Credit Card or PayPal. Financial may be available to buyers through outside sources such as personal loans or low-interest credit cards. Seller does not provide any financing options. The Maintenance Fee includes all property taxes, HOA fees, common area fees, maintenance fees, housekeeping and a reserve to upgrade all furniture, fixtures and appliances, typically every 5 years. Maintenance fees are due on January 1 of each year. The total maintenance fee for this property is $4,818 per year ($2,409 per week). Some buyers purchase these for personal use. Others add this to their commercial rental portfolio with significantly above-market rental returns.*Disclaimers: Prices quoted are deemed accurate, but may fluctuate according to developer marketing strategies, individual sales, or changes in developer and resale market conditions. Past rental performance is no guarantee of future revenue.

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    © 2021 MLS Hawaii, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Iokua Real Estate, Inc.. Data last updated: 2021-03-04T19:34:22.617.
    www.iokuasales.com/homes/112647066
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    3811 Edward Rd Princeville, HI 96722

    • Price: $17,000
    • Status: Active
    • Updated: 63 min ago
    • MLS #: 645303
    4
    Beds
    4
    Baths
    0
    ½ Baths
    27.46
    Acres
    1,864
    SQFT
    $9
    $/SQFT
    1980
    Built
    Neighborhood:
    Princeville
    Area:
    Hanalei
    Property Description
    MOTIVATED SELLER! The $17,000 List Price is far below the Developer's current sale price of $42,000+. This could be a multiple offer situation.THIS IS A FRACTIONAL OWNERSHIP PROPERTY. Owners receive a fee-simple undivided interest in a condominium with use rights for the four-bedroom unit for two-weeks each year, beginning 2021. This ownership comes with points which can be used to reserve other units, outside their deeded season, residence type and home resort.THE PROPERTY IS ZONED AND APPROVED FOR NIGHTLY RENTALS. In 2019 the average rental rate was approximately $500-$1,000/night. The Cliffs is the perfect island retreat. Located on adjacent to Hanalei Bay beaches, this spacious villa includes private lanais, full-sized kitchen, washer and dryer, generous living and dining areas, and Wi-Fi. The beachfront resort includes on site amenities including multiple pools, spa, tennis, restaurant, gym, full concierge, security, spa and other services.PAYMENT IS MADE VIA CREDIT CARD OR PAYPAL. Due to the extremely low price, payment is accepted via Credit Card or PayPal. Financial may be available to buyers through outside sources such as personal loans or low-interest credit cards. Seller does not provide any financing options. The Maintenance Fee includes all property taxes, HOA fees, common area fees, maintenance fees, housekeeping and a reserve to upgrade all furniture, fixtures and appliances, typically every 5 years. Maintenance fees are due on January 1 of each year. The total maintenance fee for this property is $4,818 per year ($2,409 per week). Some buyers purchase these for personal use. Others add this to their commercial rental portfolio with significantly above-market rental returns.*Disclaimers: Prices quoted are deemed accurate, but may fluctuate according to developer marketing strategies, individual sales, or changes in developer and resale market conditions. Past rental performance is no guarantee of future revenue.
    Exterior Features

    Frontage Almost OceanfrontRocky Beach Land Tenure Fee Simple Ocean Front Y Pool Y Roads Paved View CoastlineGardenOceanOcean HorizonSunsetSunriseWaterfall

    Interior Features

    Appliances DisposalDishwasherElectric CooktopFreezerGas GrillMicrowave HoodMicrowaveOvenRefrigeratorRange Hood Floors Carpet Washer Dryer Stacked Washer/Dryer

    Property Features

    Assessed Value 1523200 Assessment Year 2020 Building Units 7204 Distressed Reo/Lender Features ConciergeClub HouseKitchen-OutdoorPutting GreenPark/PlaygroundRecreation AreaTennis Courts Lot Number 3 Monthly Association Fees 0.00 Power Solar/Photovoltaic Property Type Condo Sewer Sewer-Connected Solid Waste Disposal Included With Maintenance Fees Tax Key 454005037 Taxes 9215.00 Terms Cash Total Monthly Fees 4818.00 Vehicle Parking Unassigned Water Municipal Zoning R-10

    Listing information © 2021 MLS Hawaii, Inc. All rights reserved.
    Listing courtesy of Timeshare Resales Hawaii.


    © 2021 MLS Hawaii, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Iokua Real Estate, Inc.. Data last updated: 2021-03-04T19:34:22.617.
     
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