Islander on the Beach is a low-rise resort condominium complex on Kauai's East Side in an area called the Coconut Coast. It's an oceanfront complex with 8 buildings and 203 units, most all with 372 square feet of living space. It's located within a short stroll to the Coconut Marketplace with restaurants, night clubs, gift shops, clothing boutiques, jewelry, and art galleries. A nice sandy beach is in front of the complex and many sights and attractions are just a short drive away.
These are converted hotel units that were gutted, very nicely refurbished with tropical decor, and sold to individual owners in 2005, a renovation of approximately $10 million. Most lenders classify these units as "lodging units" because they don't have a full kitchen and have quit making loans on these types of condos. Thus today's buyers (2010) must usually pay cash. Even so these units are within easy reach of many due to a precipitous drop in prices to as low as $78,500 (see below for current median sales price).
Islander on the Beach Complex Map
Islander on the Beach Sales and Listings Information
Summary of Listings (August 2010, includes units in escrow)
Summary of 2010 Sales (August 2010)
Information is deemed reliable but has not been independently verified and is not guaranteed.
Richard T. Dolbeare (RA), ABR, CRS, e-PRO, RSPS, SFR, BS/MS | Keller Williams Realty, 1819 S. Kihei Rd, Ste. D-110, Kihei, HI 96753 | (808) 651-4550 |Aloha@RichardDolbeare.com