I've blogged about the first foreclosures at oceanfront Halii Kai and beachfront Kolea, two of the most attractive condominium communities recently constructed on the Big Island's Kohala "Gold" Coast. At Halii Kai, there is still only one REO on the market, but another unit became bank-owned last month and several more are headed to auction. Two of these are direct oceanfront --the larger of the two has recently taken a price reduction to $839,995. You can buy this for HALF what the original owner paid two years ago! This is an outside, upstairs two bedroom and the back bedroom has a golf course and mountain views.
Another half-price special is a third-floor (yes, there is an elevator) two-bedroomn condo at Kolea, the only property with its own path to the beach at Anaehoomalu Bay. Now reduced to $578,900, the original owner paid almost $1.2million. Kolea condos have the quality of construction that compares with projects like VIllages at Mauna Lani and Wai'ula'ula at Mauna Kea. Talk about a best buy!
Contact me directly if you want the inside scoop on what's in the pipeline at either Waikoloa Beach Resort community.
A hui hou,
Beth Thoma Robinson R(S)
Direct: 808.443.4588
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