Papakea Direct Ocean Fronting Opportunity!! A-108, 1/1, $575,000 (FS)
There are few properties in West Maui that enjoy the location and the “HAWAIIANA FEEL” this enchanting property has to offer.
These low-rise, four-story concrete buildings were designed with smart floor plans that optimize ocean views and enjoy the terrific tropical trade wind circulation.
The resort was built in two phases. They are nearly identical and sit side by side – 12.2 acres of scrumptious tropical real estate!
There are 364 units in 11 buildings that boast lovely swimming pools, spas, tennis courts, putting greens and beautifully landscaped, mature tropical vegetation.
The exterior sides of the buildings are of lava rock, adding to the dreamy island styling and design of the property.
We are currently offering our unit, A-108, a 1/1 (FS) direct ocean fronting unit for $575,000.
The sellers have owned several units onsite and are offering this particular one, as they also own the one next to it.
Papakea is going through a seawall and ocean fronting grounds repair project at this time. The amounts per unit toward that project have been disclosed, and this seller has paid their share.
The project was expected to take about a year and has been underway for the past several months.
This is an opportune time to pick up a beautifully located unit that will be enjoying the location, fully renovated wall and surrounding areas.
The unit has been in the ASTON rental program, and income figures are available for your review.
For information on this or any other prime Maui Real Estate, please give me a call. Contact Elizabeth R. Quayle, (Broker) R, at (808) 276-6061 (cell), or e-mail Quayle@maui.net.