Ocean Front Foreclosures, Short Sales, REO, Bank Owned, property, Condos, Homes, under $400,000

Real Estate Agent with Kona Home Team (luva llc) RS 62947
Lance Owens Realtor, Kailua Kona, Hawaii, specializing in Short Sales, Foreclosure's, and Bank Owned Property.
Lance Owens | Aloha Kona Realty Inc | lance@konahometeam.com | 808-936-8383
78-6800 Alii Drive, Kailua Kona, Hi, HI
Direct Ocean Front - best priced unit since 2003 !
2BR/2BA Townhouse
offered at $299,000
Year Built 1971
Sq Footage 961
Bedrooms 2
Bathrooms 2 full, 0 partial
Floors 2
Parking 1 Uncovered spaces
Lot Size Unspecified
HOA/Maint $765 per month


Direct Ocean Front Townhouse - nobody above you, nobody below you, Pacific Ocean in front of you, pool and tennis courts behind you? Kona Country Club borders the complex, at the Keauhou end of Alii Drive

Disclaimer: I am not an investment professional, I make no claim that you can produce the same numbers below - seek professional advice if these numbers affect your purchase decision! These are only the numbers the owner provided for 2009.
The only thing being sold here is - Real Property - NOTHING else

Seller had in vacation pool, maintained - 65% occupancy last year - Probably the worst year since the complex was built.
First quarter of 2010 - 74 % booked!

$1,389.00 Loan payment - 30% down @ 5.5%
$ 765.00 Maintenance fees
$ 299.00 Monthly Property Tax
$2,453.00 Monthly Totals - Based on 2009 figures

$2,550.00 Last year’s average - and that's
probably the worst since the Great Depression! 65% average! That gives you a 35% vacancy to enjoy it yourself.

Why aren’t you pulling out your checkbook right now?

Complex amenities include
� Gated Community
� 3 Tennis Courts
� 1 Volleyball Court
� Swimming Pool
� Gathering area
� Mature Landscaping
� Archaeological Sites on property � and property adjoining complex
� Walking paths along Ocean
� Sandy Beach at North End
� On a Walking meter of 1- 10, I would give this one a - 9.8 -
� .5 miles to Kahaluu Beach (best snorkel place in Kona)
� .4 miles to Keauhou Shopping center (shopping/dining/entertainment)
� .3 miles to Outrigger Keauhou Beach Hotel (Dining/entertainment)
Private: This is a REGULAR sale that is just priced right for today's economy

see additional photos below

- Living room - Refrigerator - Stove/Oven
- Washer - Dryer - Laundry area - inside
- Balcony, Deck, or Patio - Swimming pool


- Guest parking - Clubhouse - Storage space(s)
- Swimming pool(s) - Tennis court(s) - Gated property


- Direct Ocean Front - 2/2 Townhouse
- Gated Resort Community - Pool, Tennis Courts, Vollyball
- Keauhou Kona Surf and Racquet Club


Looking Left

Looking right

Ocean outside Kitchen Win

Photo 4

Photo 5

Photo 6
Contact info:
Lance Owens
Aloha Kona Realty Inc
For sale by agent/broker

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Posted: Jun 6, 2010, 7:26am PDT
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Aloha, and have a great day 

Lance Owens (RS)

(808) 936-8383



LUVA Real Estate 

75-240 Nani Kailua Dr #8 , Kailua Kona, HI. 96740 (Pines Plaza

Comments (4)

Raymond Croteau

We are looking  at forclosed waterfront Condos on the Big Island. Please send listings. 

Nov 10, 2010 12:40 PM
Kona Home Team (luva llc) Lance Owens (RS)
Kona Home Team (luva llc) - Kailua-Kona, HI
Getting transactions done, when nobody else can!

Aloha Raymond - please send me an email adress - I have a few listings for you

Nov 11, 2010 07:06 AM
Raymond Croteau


Thanks for the help. We believe this might be a good time to look at some different opportunities. Ocean front condos on water for mom to hear the waves Big 1 Bedrooms first or third floor with elevator. 2bed/ two bath. Other forclosed or bargain waterfront houses or rental possibilities.





Nov 12, 2010 03:21 AM
Kona Home Team (luva llc) Lance Owens (RS)
Kona Home Team (luva llc) - Kailua-Kona, HI
Getting transactions done, when nobody else can!

Aloha Raymond

Still need a way to contact you - I have the listings ready.

Aloha and Mahalo

Nov 12, 2010 09:58 AM