Foreclosure - Waterfront
Address
Cliffs At Princeville Princeville, HI
Price
$ 12,500
Property Attributes
  • MLS#645306
  • TypeCondos
  • CountyKAUAI
  • CityPrinceville
  • AreaHanalei
  • NeighborhoodPRINCEVILLE
  • Zip96722
  • Style
  • Price$ 12,500
  • Bedrooms1
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage963
  • Lot Size21.16 Acres
Listing Provided Courtesy Of:
Timeshare Resales Hawaii
Property Description

MOTIVATED SELLER! The $12,500 List Price is far below the Developer's current sale price of $42,000+. This could be a multiple offer situation.THIS IS A FRACTIONAL OWNERSHIP PROPERTY. Owners receive a fee-simple undivided interest in a condominium with use rights for the one-bedroom two-bathroom unit for four weeks (one month) each year in the summer/fall season, beginning 2021.THE PROPERTY IS ZONED AND APPROVED FOR NIGHTLY RENTALS. In 2019 the average rental rate for non-shoulder seasons was approximately $300/night. The Cliffs is the perfect island retreat. Located on adjacent to Hanalei Bay beaches, this spacious villa includes private lanais, full-sized kitchen, washer and dryer, generous living and dining areas, and Wi-Fi. The beachfront resort includes on site amenities including multiple pools, spa, tennis, restaurant, gym, full concierge, security, spa and other services.PAYMENT IS MADE VIA CREDIT CARD OR PAYPAL. Due to the extremely low price, payment is accepted via Credit Card or PayPal. Financial may be available to buyers through outside sources such as personal loans or low-interest credit cards. Seller does not provide any financing options. The Maintenance Fee includes all property taxes, HOA fees, common area fees, maintenance fees, housekeeping and a reserve to upgrade all furniture, fixtures and appliances, typically every 5 years. Maintenance fees are due on January 1 of each year. The total maintenance fee for this property is $4,224 per year. Some buyers purchase these for personal use. Others add this to their commercial rental portfolio with significantly above-market rental returns.*Disclaimers: Prices quoted are deemed accurate, but may fluctuate according to developer and resale market conditions. Past rental performance is no guarantee of future revenue.

Price History
12/16/2020 Listed $12,500

General Features

Appliances Disposal, Dishwasher, Electric Cooktop, Freezer, Gas Grill, Microwave Hood, Microwave, Oven, Refrigerator, Range Hood
District Hanalei
Features Concierge, Club House, Kitchen-Outdoor, Putting Green, Park/Playground, Recreation Area, Tennis Courts
Flood Zone X
Land Tenure Fee Simple
Location Cliffs At Princeville
Power Solar/Photovoltaic
Property Type Condo
Subdivision PRINCEVILLE
Subdivision Abbreviated Name PRINCEVILLE
View Coastline, Garden, Ocean, Ocean Horizon, Sunset, Sunrise, Waterfall
Wastewater Sewer-Connected
Water Municipal
Zoning R-10

Interior Features

Floor Covering Carpet
Washer/dryer Stacked Washer/Dryer

Exterior Features

Frontage Almost Oceanfront, Rocky Beach
Land Area 921817
Pool Type In Ground, Spa/Hot Tub
Pool Y/N Yes
Roads Paved
Vehicle Storage/parking Unassigned

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 96722

Price
AVG $880K
$10K
Visits
AVG 90
70
Year Built
AVG 1983
1980

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