Princeville, Kauai - Condo for Sale - Fractional Share -Cliffs at Princeville

By
Real Estate Agent with HomeSmart Island Homes RB 20260

Cliffs Of Princeville 3304 Living Room Cliffs Of Princeville 3304 KitchenCliffs Of Princeville 3304 Sunset Cliffs Of Princeville 3304 Pool

 Cliffs of Princeville 2 bed/2 bath condominium  $79,000

Eight week (1/6th) ownership where Owners select Property use on a rotational basis. The ownership Deed and Title of this Princeville condo for sale are held in an LLC, a Limited Liability Corporation. All costs of operating this fractional condo for sale are shared equally by the six share owners. Operating costs are $2,700 per share in 2010 and will reamin at $2,700 in 2011. Costs include all Homeowners Association Dues, Taxes, Utilities, and Insurance.

This top floor Cliffs condo for sale has over 1,100 square feet with 2 bedrooms and 2 bathrooms. The main floor master bedroom has a king sized bed and its own master bath and its own private lanai. Also located on this main floor of this condo for sale is the kitchen, living and dining area, second bath, laundry closet and large covered lanai. The second floor loft bedroom has two queen beds.

Cliffs at Princeville with all the amenities: club house, NEW swimming pool, tennis courts, sports court, hot tubs and barbeques. Enoy the Princeville Golf Courses or Hanalei Bay just minutes away.

The owners of this condo for sale select their time useage on a rotational basis as follows:

Share Selection Rotation:

  • 2011  6,1,2,3,4,5
  • 2012  1,2,3,4,5,6
  • 2012  2,3,4,5,6,1
  • 2013 3,4,5,6,1,2,

Here is what they selected for 2010:

Dec 29 to Jan 12    Manager
Jan 12 to March 9  Share #6
March 9 to May 4    Share #2
May 4 to June 29    Share #4
June 29 to July 13   Manager
July 13 to Sept 7    Share #1
Sept 7 to Nov 2     Share #5
Nov 2 to Dec 28     Share #3

And for 2011:

Dec 28 to Feb 22  Share #6
Feb 22 to Mar 8 Manager
Mar 8 to May 3 Share #2
May 3 to June 28 Share #5
June 28 to Aug 23 Share #1
Aug 23 to Sept 6 Manager
Sept 6 to Nov 1 Share #4
Nov 1 to Dec 27 Share #3

Share #4 and Share #6 are currently offered for sale. For more photos visit Cliffs at Princeville 3304

Posted by

 

Carol L Skon, Realtor Broker, GRI, e-Pro  

HomeSmart Island Homes Kauai, Hawaii

Main office: 1888 Kalakaua Avenue Suite C312, Honolulu, HI 96815  

808.634.2945         www.carolskon.com    

Kauaihawaiirealestateblog.com

Comments (3)

Vickie Nagy
Coldwell Banker Residential Real Estate - Palm Springs, CA
Vickie Jean the Palm Springs Condo Queen

This is an awesome post, has all the details on the fractional opportunities AND the property. Shucks, I'm tempted myself. I love Princeville...headed there in 6 weeks!

Sep 14, 2010 02:03 PM
Carol Skon
HomeSmart Island Homes - Princeville, HI
RB, Kauai, Hawaii Real Estate

Vickie,  This is a great opportunity and a great buy.  I will be happy to write up an offer for you!

When was the last time you were here?  The St Regis Hotel opened less than a year ago and the Makai Golf Couse has been renovated and looks great.

Sep 14, 2010 02:24 PM
Connie Lou Barnett
Real Living/Home Realty - Owensboro, KY
GRI,CRS,CRB,SRMM,ARA,PRS,SFR,QSC

Hi Carol,

  Nice condo complex with beautiful pool and views.  I'm sure you won't have a problem selling this one.

Connie Lou

Sep 14, 2010 06:17 PM