$1,699,900
MORTGAGE CALCULATOR
Fee Simple LAND TENURE
4 BEDROOMS
3 BATHROOMS
Residential
CLASS
Kihei Kauhale
DEVELOPMENT
1079 Kahaapo Loop
PRICE: $1,699,900 Fee Simple
BEDROOMS: 4
BATHROOMS: 3
CLASS: Residential
DEVELOPMENT: Kihei Kauhale
| MORTGAGE AMOUNT | $0 |
| DOWN PAYMENT AMOUNT | $254,985 |
| MONTHLY MORTGAGE PAYMENT | $0 |
| TOTAL MONTHLY PAYMENT | $0 |
MLS#: 401877
Bedrooms: 4
Bathrooms: 3
Interior Area: 2396
Days on Market: 15
Type: Residential
Status: PENDING - CONT. TO SHOW
Lot Size: 0.2468
Offer Price: $1,699,900
MLS#: 401877
Development: Kihei Kauhale
Posting Date: 04-22-2024 7:46am
LISTING PROVIDED BY
Travis T Speck RB-23331
808-344-1917
travis.speck@redfin.com
Redfin Corporation
808-518-3429
john.webb@redfin.com
https://www.redfin.com
808-344-1917
travis.speck@redfin.com
Redfin Corporation
808-518-3429
john.webb@redfin.com
https://www.redfin.com
PROPERTY DESCRIPTION
Unique opportunity to buy a 4/3 nicely constructed stucco house for $1,199,990 million dollars with a private in ground pool & a FREE detached 2 bed 1 bath cottage when rented at prevailing rates, as the rental income from the cottage pays down $500,000 of the purchase price with a 7.5% 30 year fixed mortgage. Both House & Cottage have 50 year Presidential roofs ($100K wall)(low water, due to almost zero ground maintenance and low electric due to solar for house) No carpet (3/4†plank solid wood, travertine & granite floors, with a private in ground pool & Gazebo. The entire property is now completely vacant. Property is back on the market due to no fault of the seller! A sprawling 10,750 sq. ft stamped & pigmented cement design with a Wailea style wall and Hawaii inspired curb appeal garden. The Main House is a testament to quality construction with features such as copper piping, stucco siding, and tastefully Natural Stone tiled bathrooms and flooring throughout. The entire 1st level and entry stairs consist of travertine and the 2nd level floors are 3/4" solid oak plank flooring. All countertops, kitchen flooring, and bathroom flooring are matching granite. The entire yard inside of the 6` stucco wall is 100% concrete with solid pigmented terracotta accent strips that tie in the colors of the property. Stay cool during the summer months with the 2-zone independent A/C systems. The upstairs system has a 18 SEER Bosch compressor. The Main House has Solar Panels (owned not leased) that are Net Metered on the grid. The Detached Cottage has both meters on it and the Solar Panels for the Main House are on two sides of the roof on the detached cottage fed into the meter for the Main House, which is on the detached cottage, next to the separate electric meter to the detached cottage. Keep your vehicles protected and cool from the sun in the 2-car garage. The detached cottage has a full-sized kitchen with granite countertops that match the bathroom countertop and all of the100% of the granite tile flooring. The cottage comes with its own separate driveway and fully covered lighted carport and is fully enclosed by 6 ft stucco privacy walls. One might assume the cottage is a separate property, since there is so much privacy and distance between the main house and it even has its own separate address (1081 Kahaapo Loop). The cottage also has plenty of exterior space that is entirely concrete and is perfect for maximal rental income. The cottage comes with its own central A/C system. Enjoy the tranquility of Kahaapo Loop, as some call this small, 23 lot subdivision the "Shangri-La" Loop, due to its custom homes and quiet intimate Loop. Lounge out by hot tub and under the gazebo for the ultimate relaxation. This outdoor oasis boasts zero maintenance landscaping, providing a private and serene escape. There is a narrow band of lush tropical plants and grass outside the 6` tall stucco wall for lovely curb appeal. The prime location in Central Kihei, is walking distance along a paved County created path to Piilani Shopping Center, which has the Kihei Safeway. Waipulani Park with beach access, county pickleball courts, the Kihei-Wailea post office, shops, restaurants, and gyms less than a five-minute drive. All appliances and furniture are included at no additional cost if desired.
PRICE HISTORY
| Date | Days Ago | Event | Price |
|---|---|---|---|
Last update: 7:46am 4/22/2024
Disclaimer - This information is believed to be accurate. It has been provided by sources other than the Realtors Assoc. of Maui and should not be relied upon without independent verification. You should conduct your own investigation and consult with appropriate professionals to determine the accuracy of the information provided and to answer any questions concerning the property and structures located thereon. Featured properties may or may not be listed by the office/agent presenting this brochure.
