What's Happening?
A 3-bedroom, 2-bathroom ground-floor end unit condo, Alii Lani RR101, located at 75-6081 Alii Dr, Kailua Kona, HI 96740, has been listed for sale at $575,000. The property, with an interior area of 976 square feet, was built in 2000 and has been on the
market for one day. It features an updated kitchen with modern solid surface countertops and matching appliances, laminate flooring, track lighting, and ceiling fans. The main bedroom includes a bay window with garden and partial ocean views, and an updated 3/4 main bath. The unit also has two guest bedrooms, an updated full guest bath, and air conditioning window units in the living area and bedrooms. A stack washer/dryer is located in the hallway closet, and a spacious ground-floor lanai offers garden views. Maintenance fees are $782 per month and cover two swimming pool decks, water, trash, sewer-connection, landscaping, onsite administrative office, common area and parking lot maintenance, and association management.
Why It's Important?
This property listing is significant for the Kailua Kona real estate market, offering a specific insight into current housing availability and pricing. For potential homebuyers, it represents an opportunity to acquire a renovated condo with desirable amenities, including access to two swimming pools and proximity to the ocean and local conveniences. The detailed breakdown of maintenance fees provides transparency for prospective buyers, allowing them to understand the full cost of ownership. For the local economy, active real estate listings contribute to market liquidity and can influence property values. The quick listing time of one day suggests a potentially active market, which can be beneficial for real estate agents, lenders, and related service providers in the area.
What's Next?
Given that the property has only been on the market for one day, it is likely to attract interest from potential buyers in the coming weeks. Interested parties will likely schedule viewings, and offers may be submitted. The listing agent, eXp Realty, will manage inquiries and negotiations. The sale of this condo could set a precedent for similar properties in the Alii Lani complex or the broader Kailua Kona area, influencing future pricing and market trends. The property's features and amenities, combined with its location, will be key factors in its market performance. The outcome of this sale will be closely watched by other sellers and buyers in the local real estate community.
Beyond the Headlines
The sale of properties like this condo in Kailua Kona reflects broader demographic and economic shifts in Hawaii. The demand for housing, particularly in desirable coastal areas, often outstrips supply, leading to competitive markets. This listing also highlights the appeal of resort-style living, with amenities such as swimming pools and managed common areas, which cater to both permanent residents and those seeking vacation homes. The detailed maintenance fees underscore the increasing complexity of homeowners' association management and the costs associated with maintaining shared community infrastructure. Furthermore, the presence of real estate activity in Kailua Kona contributes to the overall economic health of the Big Island, impacting local businesses and employment.
