NOT LISTED FOR SALE

73-2608 Niu Place Kailuia-Kona, HI 96740

Estimated Value: $1,573,281 - $2,020,000

0.28 Acre
$6,518,107 Price per Acre
12,197 Sq Ft Lot

Last Sold April 11, 2023

Last sale price $1,525,000

Est. 20% increase in value since last sale

Current estimated payment $12,300/month

139 Days on Market

Highlights

  • Ocean Front
  • Cul-De-Sac
  • Level Lot
  • Golf Course View

About This Lot

As of April 2023

Kohanaiki is a LIFESTYLE property. Could you ever tire of looking across the bottle green golf course dotted with palms? A view made more vibrant by the lacing of black lava fields. In the distance, watch the ever-changing moods of Hualalai, clear in the early morning as the sun rises then afternoon clouds cover the upper slopes and make it possible for fragile coffee blooms to set. Design your own custom home or build the four-bedroom home with spacious lanais and infinity edge pool already drawn for the current owner.
KOHANAIKI SHORES is a 450 acre community situated on Kona’s sunny shoreline. Homes, homesites and condominiums have been carefully situated along the Rees Jones-designed golf course to take advantage of open vistas, while protecting view planes and the privacy of each homesite. Careful attention has been given to respect the cultural heritage of the land and its people. Good stewardship has made our anchialine ponds some of the healthiest in Hawaii. Ongoing efforts continue to encourage a low impact living environment. Residents and guests move throughout the community on electric golf carts.
THE NEW OWNER will have an opportunity to apply for club membership in this unique community which epitomizes the evolution of the private club experience. Members enjoy use of the golf course, special golf events, daily planned activities and an active social life. The spectacular 67,000-square-foot Clubhouse is rather Zen on the upper level where it features fine dining with coastline views, an elegant infinity edge pool, pristine exercise facilities and a tranquil reflecting pool as well as a fully staffed Spa and Salon. The lower clubhouse level is fun for all. It houses a theater, game room with bowling alley, bar, private humidor lockers, member wine lockers and wine tasting rooms that can be booked for private events. All that is just the beginning. There is an oceanside Ohana Pool and a Water Sports Center where staff arrange water activities.

Last Agent to Sell the Property

Cindy Corbin

Hawaii 5 0 Realty Brokerage Phone: 9499033068 License #RB-23068 Listed on: 10/28/2022

Last Buyer's Agent

Cindy Corbin

Hawaii 5 0 Realty Brokerage Phone: 9499033068 License #RB-23068 Listed on: 10/28/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,821

Lot Details

  • Ocean Front
  • Property fronts a private road
  • Cul-De-Sac
  • Level Lot
  • Cleared Lot
  • Property is zoned CV-10

HOA Fees

  • $1,265 Monthly HOA Fees

Property Views

  • Golf Course
  • Mountain

Utilities

  • Underground Utilities
  • Phone Available
  • Cable TV Available

Community Details

  • Kohanaiki/Shores Of Kohanaiki Resort S/D Subdivision

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 3730680260000

Property Details

Property Type

Land

Est. Annual Taxes

$8,821

Lot Details

0

HOA Fees

$1,265 per month

Listing Details

  • Prop. Type: Land
  • Property Sub-Type: HIS Vacant Land
  • Road Frontage Type: HIS Almost Oceanfront
  • ResoLotFeatures: Cleared, Cul-De-Sac
  • Attribution Contact: 9499033068
  • Co List Office Phone: 8083295599
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: KOHANAIKI/SHORES OF KOHANAIKI RESORT S/D
  • Tax Year: 2022
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: Cable
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 0

Exterior Features

  • Topography: Fairly Level
  • View: Golf Course, Mountain(s)
  • Waterfront: No
  • Roads: Paved, Private

Utilities

  • Cooling: Cash
  • Utilities: Cable Available, Electricity Available, Other, Phone Available, Sewer Connected, Underground Utilities, Water Available
  • Water Source: Other, Public

Condo/Co-op/Association

  • Association Fee: 1265.0
  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: CV-10
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3730680260000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 8821.0
  • Tax Lot: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2022
Closed on
Mar 28, 2023
Sold by
Petasky Stephen and Petasky Carrie
Bought by
Southland Trailer America Corp
Seller's Agent
Cindy Corbin
Hawaii 5 0 Realty
Buyer's Agent
Cindy Corbin
Hawaii 5 0 Realty
List Price
$1,950,000
Sold Price
$1,525,000
Premium/Discount to List
-$425,000
-21.79%
Current Estimated Value
$1,825,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$300,070
Avg. Annual Appreciation
7.42%

Purchase Details

Listed on
Mar 12, 2021
Closed on
Mar 12, 2021
Sold by
Kohanaiki Shores Llc
Bought by
Petasky Stephen and Petask Carrie
Seller's Agent
Sherry DePew
Sherry J DePew, Sole Proprietor
Buyer's Agent
Molly Harris
COMPASS
List Price
$800,000
Sold Price
$800,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.99%
Original Mortgage
$640,000
Interest Rate
2.7%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Southland Trailer America Corp -- Fidelity National Title
Petasky Stephen -- Tg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Petasky Stephen $640,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/10/2023 07/10/23 Off Market $1,525,000 -- --
04/11/2023 04/11/23 Sold $1,525,000 -21.8% --
03/16/2023 03/16/23 Pending -- -- --
10/28/2022 10/28/22 For Sale $1,950,000 +143.8% --
03/22/2021 03/22/21 Sold $800,000 0.0% -- View Prior Sale
03/12/2021 03/12/21 Pending -- -- --
03/12/2021 03/12/21 For Sale $800,000 -- --
Source: Hawaii Information Service (MLS Hawaii)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $16,309 $1,469,300 $1,469,300 --
2024 $16,309 $1,469,300 $1,469,300 --
2023 $13,047 $1,175,400 $1,175,400 $0
2022 $8,821 $794,700 $794,700 $0
2021 $9,173 $826,400 $826,400 $0
2020 $8,574 $772,400 $772,400 $0
2019 $8,574 $772,400 $772,400 $0
2018 $9,525 $858,100 $858,100 $0
2017 $10,452 $941,600 $941,600 $0
2016 $9,463 $941,600 $941,600 $0
2015 -- $905,100 $905,100 $0
2014 -- $686,600 $686,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 666091

Hawaii Information Service (MLS Hawaii)

APN: 3-7-3-068-026-0000