3543 Lower Honoapiilani Rd, Unit E106, Napili/Kahana/Honokowai, 96761

REDUCED 5% Residential - Condominium For Sale in Papakea Resort

$999,000

1Bed
1Bath
597Sqft
12.28Acres
1977Built
156DOM
MLS® #: 400344
Active, 156 Days on Market

This well located and updated short term rental investment opportunity has a 92%+ occupancy rate, solid 5 star reviews on Airbnb and VRBO and grossed $110,000 in 2022. It includes all furnishings and kitchen items ready to take over with new buyer. Professionally decorated to the highest standard. Enjoy beautiful ocean and lush resort views from this one bedroom, highly upgraded condo. Papakea E106 is in a great location, 20 steps to the ocean, right next to pool and putting green and a short distance to shopping and recreational activities. The upgrades include upgraded maple cabinets, tile flooring throughout along with recessed lighting, newer stainless steel appliances, granite countertops and backsplash, and a newer frameless glass, walk-in shower. Upgraded lanai glass doors, a new split A/C system. New king mattress, new queen pullout sofa bed, arm chair, rug and art. Papakea is close to 3-mile-long N. Kaanapali white sandy beach with great swimming and snorkelling. Enjoy ocean-front sunsets after a day at the beach, as the magical tiki lights reflect across the koi ponds on the property at dusk. The amenities include 2 ocean-side swimming pools, 2 whirlpool spas, 2 tennis courts, 2 ocean-side cabanas, 2 pickle ball courts, 2 twelve-hole putting greens, poolside barbeques and ample parking. Papakea’s location is as good as it gets! Within minutes to Duke’s restaurant, grocery store and farmers market. Seller’s have a Real Estate license in Canada.

Price & Status History

Date Details
Price Reduced from $1,049,000 to $999,000

Essential Information

MLS® #: 400344
Price: $999,000
Bedrooms: 1
Bathrooms: 1.00
Square Footage: 597
Acres: 12.28
Year Built: 1977
Type: Residential
Sub-Type: Condominium
Land Tenure: Fee Simple
Style: High-Rise 4+ Stories
Status: Active

Community Information

Address: 3543 Lower Honoapiilani Rd, Unit E106
Area: Napili/Kahana/Honokowai
Subdivision: Papakea Resort
Building Name: Papakea Resort I II
City: Napili/Kahana/Honokowai
State: HI
Zip Code: 96761

Amenities

View: Ocean
Is Waterfront: Yes
Waterfront: Ocean Front
Has Pool: Yes
Pool: In Ground

Interior

Interior Features: Ceiling Fan(s), Furnished, Inventory, Kitchen Ware, TV Cable
Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer

Exterior

Exterior Features: Barbecue, Putting Green, Tennis Court(s)
Windows: Blinds, Drapes
Roof: Monier Tile/Tile

Additional Information

Listed By: Coldwell Banker Island Prop-KP
Date Listed: November 24th, 2023
Days on Market: 156
Zoning: Apartment District
Monthly Maintenance Fees: $1105.59
Division: 2
Zone: 4
Section: 4
Plat: 001

Listing Details

Office Contact: Cell: 808-281-7313

Financials

$/SqFt: $1,673

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