539 Keolu Drive, Unit C

Kailua, HI 96734

$284,500
Price
4
Beds
2
Baths
1
1/2 Bath
1,625 Sq. Ft.
$175 / Sq. Ft.
1,625
Sq. Ft.
$175
per Sq. Ft.

Description

LEASEHOLD w/fee available Welcome to a remarkable investment opportunity in Kailua's picturesque Enchanted Lakes neighborhood! This leasehold, two-story townhome boasts four bedrooms and two-and-a-half bathrooms. The property includes a two-car garage for convenient parking and storage and a large lanai facing Ka’elepulu Pond, perfect for enjoying stunning views and outdoor relaxation. With its spacious layout and prime waterfront location, this townhome is ideal for investors looking to flip or...LEASEHOLD w/fee available Welcome to a remarkable investment opportunity in Kailua's picturesque Enchanted Lakes neighborhood! This leasehold, two-story townhome boasts four bedrooms and two-and-a-half bathrooms. The property includes a two-car garage for convenient parking and storage and a large lanai facing Ka’elepulu Pond, perfect for enjoying stunning views and outdoor relaxation. With its spacious layout and prime waterfront location, this townhome is ideal for investors looking to flip or rent out and owner-occupants seeking a serene and stylish residence. This is a haven for outdoor recreational activities, shopping enthusiasts, and culinary adventures. A leasehold property in Hawaii means that you own the structure but lease the land it sits on for a specified period, making it an affordable way to own property in this desirable location. All buyers are responsible for confirming City, County, Zoning, Tax, Association, Leasehold, Schools, and other records to their satisfaction before bidding. This property is sold AS-IS. There are no inspection contingencies in the contract. The Seller will not turn on utilities. This is an auction property.
  1. Listed by Drew Hershey • License #RB-22404 • REALHome Services & Solutions • (855) 882-1314

Property Details for 539 Keolu Drive, Unit C

Architectural Style
Townhouse
View
Other
Zoning
05 - R-5 Residential District
Neighbourhood
KUKILAKILA
Flood Zone
Zone X
Stories/Levels
Two
Land Tenure
LH - Leasehold
LISTING UPDATED: 11/12/2024 05:13 AM

Property Details for 539 Keolu Drive, Unit C

StatusActive
MLS #202323758
Days on Market623
Taxes$320 / month
HOA Fees$758 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeCondo/Townhouse
Year Built1974
CountyHonolulu County

Building Information for 539 Keolu Drive, Unit C

Building/ComplexKukilakilaFloor-Stories-Residences-Pet Policy-Year Built1974

Property Information for 539 Keolu Drive, Unit C

Summary
Location and General Information
  • City: Kailua
  • County Or Parish: Oahu
  • State Or Province: HI
Taxes and HOA Information
  • Association Fee Total: $758
  • Fee Options: Fee Available
  • Fee Purchase: $1,050,000
  • Tax Amount: $320.17
  • Tax Assessed Value: $1,323,200.00
  • Tax Assessed Value Improvements: $853,800.00
  • Tax Assessed Value Land: $469,400.00
  • Tax Excemption Owner Occupancy: 0
  • Tax Year: 2023
  • Parcel Number: 1-4-2-094-041-0000
  • HOA YN: Yes
School Information
  • Elementary School: Kailua
  • High School: Kailua
  • Middle Or Junior School: Kailua
Parking
  • Parking Additional: 0
  • Parking Features: Garage, Guest
  • Parking Total: 2
  • Condo Parking Unit: n/a
Property
Lot Information
  • Building Name: Kukilakila
  • Floor Number: 1
  • Property Frontage: Lake/Pond, Waterfront
  • Property Type: Condo/Townhouse
  • SQFT Garage Carport: 460.0
  • SQFT Roofed Living: 1625.0
  • Sqft Total: 1625.0
  • Land Recorded: Regular System
  • Lot Size Area: 1942.0
  • Year Built: 1974
Property and Assessments
  • Appliances: Ceiling Fan, Other
  • Photo Count: 24
  • New Development Construction: No
  • Property Condition: Fair
  • Special Listing Conditions: Lender Sale
  • Disclosures: None, See Remarks
  • Foreclosure: No
  • Fractional Ownership: No
  • Supplement Count: 0
  • TMK Area: 142
  • TMK Condo Property Regime Number: 0
  • TMK Division: 1
  • TMK Parcel: 41
  • TMKPLAT: 94
  • TMK Section: 2
  • TMK Zone: 4
Interior and Exterior Features
Exterior Features
  • Amenities: BBQ, Club House, Community Association Pool, Exercise Room, Other, Pool on Property, Resident Manager, Walking/Jogging Path
  • Construction Materials: Double Wall, Slab
  • Flooring: Other
Interior Features
  • Baths Full: 2
  • Baths Half: 1
  • Baths Total: 2.01
  • Beds Total: 4.0
  • Room Count: 0
Multi Family
Multi-Family Information
  • Unit Features: Multi Level, Yard
  • Unit Number: C
Income & Expenses
  • Maintenance Fee Amount: $757.85
Agent
Sale and Listing
  • DOM: 613
  • Listing Service: Limited Service
  • Management Company Name: Hawaiiana
  • Management Company Phone: 808-593-9100
  • MLS: HI Central
  • MLS Area Major: Kailua
  • Status: Active
  • Public Remarks: *LEASEHOLD w/fee available* Welcome to a remarkable investment opportunity in Kailua's picturesque Enchanted Lakes neighborhood! This leasehold, two-story townhome boasts four bedrooms and two-and-a-half bathrooms. The property includes a two-car garage for convenient parking and storage and a large lanai facing Ka’elepulu Pond, perfect for enjoying stunning views and outdoor relaxation. With its spacious layout and prime waterfront location, this townhome is ideal for investors looking to flip or rent out and owner-occupants seeking a serene and stylish residence. This is a haven for outdoor recreational activities, shopping enthusiasts, and culinary adventures. A leasehold property in Hawaii means that you own the structure but lease the land it sits on for a specified period, making it an affordable way to own property in this desirable location. All buyers are responsible for confirming City, County, Zoning, Tax, Association, Leasehold, Schools, and other records to their satisfaction before bidding. This property is sold AS-IS. There are no inspection contingencies in the contract. The Seller will not turn on utilities. This is an auction property.
  • Possession: At Closing
Showing and Remarks
  • Showing Instructions: Use ShowingTime
Rental
Rent Information
  • Lease Expiration Year: 2030
  • Lease Fee Month: $784.00
  • Lessor Name: David Bangert

Property History for 539 Keolu Drive, Unit C

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 539 Keolu Drive, Unit C

Taxable ValueLand$469,400Additions$945,000Total$1,414,400
Tax Record2023$7,684 ($640 / month)
Home Facts
Beds4Baths2.5Total Finished SqFt1,625 SqFtAbove Grade Finished SqFt1,625 SqFtStories1Lot Size1,942 SqFtStyleSingle Family ResidenceYear Built1974ZoningR-5 RESIDENTICountyHONOLULUAPN1-4-2-094-041

Schools near 539 Keolu Drive, Unit C

This home is within Hawaii Department Of Education.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
Kaelepulu Elementary School
PublicPK to 6

Kailua Intermediate School
Public7 to 8

Kailua High School
Public9 to 12

Olomana School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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539 Keolu Drive, Unit C is a condo for sale in Kailua, HI 96734. This property was listed for sale on March 10, 2023 by REALHome Services & Solutions, it's currently listed at $284,500. It has been on the market for a total of 623 days and was last sold on September 23, 2010. This listing's school district is Hawaii Department Of Education. Nearby schools include Kaelepulu Elementary School, Kailua Intermediate School and Kailua High School. 539 Keolu Drive, Unit C is a 4-bed, 2.5-bath, 1,625 sqft condo built in 1974.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of REALHome Services & Solutions, Drew Hershey, License #RB-22404