Sep 25, 2020 at 10:00pm (EDT)
SOLD | $1.96M
DescriptionStep inside your gated, private oceanfront oasis. With three levels of outdoor living space, 75-112 Kaiolu Drive offers an unparalleled indoor-outdoor lifestyle on the Big Island’s west coast. Enormous second and third-floor lanais are perfect for enjoying meals, lounging with friends, or kicking your feet up to catch the sun as it sets over the Hawaiian Islands. Your beachfront vantage point affords you a front-row seat. A poolside cabana is an ideal spot to entertain, as guests relax in the sparkling pool or spa. Inside, a thoughtfully-designed kitchen opens to a bright living room. Swing open the wall of French doors and louvered windows and let clean, tropical breezes flow throughout. Serene bedrooms all have access to a lanai or patio while an elevator can conveniently transport you to each level. A guest apartment with a separate entrance awaits friends and family for a private getaway or utilize the quaint space for rental income. With its dedicated garage, the apartment also provides extra space and security for its welcomed guests. Schedule Your Own Private Showing (Virtual Available): https://calendly.com/josh\_hawkins
Deposit
$100,000 bidder deposit required
Total
2,496sf | 0.25ac | 4 bedrooms | 3 full bathrooms and 1 half bath
Architectural Features
Private, gated compound; Open layout; Large windows, and French doors; Tile floors; Tropical ceilings; Elevator access on all floors
Master Sanctuary
Airy and spacious with spa bath, sitting area, and access to the lanai
Chef’s Kitchen
Custom cabinetry; Natural stone countertops; Island with bar seating; Top-of-the-line appliances
Outdoor Features
3 levels of outdoor living; 2 huge covered lanais; Third-floor lanai on both ocean and mountain side of the property; Swimming pool with lava rock water feature and hot tub; Cabana and wet bar/outdoor kitchen with palapa roof; Steps to the ocean; Stunning ocean views
Additional Spaces
Guest apartment (ohana) with separate entrance and a 1-car garage; Rental income potential; Bedrooms all have access to outdoor living space
Other Amenities
Louvered clerestory windows throughout maximize airflow; Interior elevator; 2-car garage
Location
Couple miles from the heart of Kailua-Kona, overlooking Kahalui Bay; 10 miles from Kona International Airport; 65 miles from the Waipio Valley; 2 hours from Hawaii Volcanoes
Royal Sea-Cliff Club, Residences #706 & #401 are selling separately or collectively
Buyer's Premium
12%
Buyer shall pay to Concierge a “Buyer's Premium” in addition to the Purchase Price for the Property. The Buyer's Premium is not a real estate commission; it is the fee that Concierge charges to bidders for bringing the Property to auction.
Co-Broker Compensation
2.5%
Compensation will be paid to any properly registered Broker whose client is the successful Buyer at the Auction and whose client completes the purchase of the Property pursuant to Concierge Auctions' Bidder Terms and Conditions.
Payment of Taxes
If any VAT (value added tax), General Excise Tax (GET), or similar tax is due in connection with the payment of the Buyer's Premium, it shall be Buyer's sole obligation to pay all taxes. If the Property is located in the state of Hawaii, Concierge shall add any Hawaii GET tax to the total of the Buyer's Premium at the then-applicable maximum pass-on rate(s) as promulgated by the state and local jurisdictions, found here: tax.hawaii.gov
Starting Bid Incentive
6%
If you are the high bidder, Concierge offers a Starting Bid Incentive, a credit to reduce the Buyer's Premium by up to 50% related to the Starting Bid Amount, encouraging buyers to submit a starting bid prior to the start of the auction. All Starting Bids are binding and subject to being received by the deadline.
75-112 Kaiolu Drive, Kailua-Kona, Big Island, Hawaii 96740
This property is listed for sale by Justin Marshall (80144) of Premier Island Properties (22237) – 75-5995 Kuakini Hwy STE 605, Kailua Kona, HI 96740; 888-444-3946. Concierge Auctions, LLC is a marketing service provider for auctions and is not a licensed Real Estate broker - 800 Brazos Street, Suite 220, Austin, TX 78701; +1 (212) 202-2940. The services referred to herein are not available to residents of any state where prohibited by applicable state law. Concierge Auctions, LLC, its agents and affiliates, broker partners, auctioneer, and sellers do not warrant or guarantee the accuracy or completeness of any information and shall have no liability for errors or omissions or inaccuracies under any circumstances in this or any other property listings or advertising, promotional or publicity statements and materials. This is not meant as a solicitation for listings. Brokers are protected and encouraged to participate. Equal Housing Opportunity. See Auction Terms and Conditions for full details.
