Big Island

$332,800 REO Foreclosure – 3 Bed/3 Bath Kaloko Houselots Home with Ocean Views

Located at a cool elevation in Kailua-Kona, above Mamalahoa Hwy. in Kaloko, is this nice 3 bedroom, 3 bathroom house (MLS# 242692) with ocean views.

Come home to this contemporary-style home in the desirable area of Lower Kaloko. Located just minutes from Costco, the airport, Makalei Golf Course, and Kona Town, this property has great value because of its convenient location, and is also desirable because of the cool elevation of this area.

The mornings here are crisp and perfect walking weather, and when enjoying the sunset, you can feel the coolness of the mauka breezes coming down Mount Hualalai.

Kaloko is a very desirable area—it’s conveniently located and at a cool elevation

Built in 2003, this home is in an REO foreclosure situation and was bought by the bank for $471,191 back in November. The living area is 1,736 sq. ft., and it’s nestled on a 10,609 sq. ft. lot overlooking the highway and gorgeous Kona sunsets beyond.

Back lanai view overlooking the highway and sunsets beyond

If you are looking at purchasing a home in an area that holds its value, consider this property in Lower Kaloko! I can run a Comparative Market Analysis for you, so you can review the sales in the area to understand the value of this property.

This home has very nice features as well, like this gorgeous custom wood ceiling, spacious lanai with see-through glass railings, so you can see the sunset while dining, and more!

This home in Kaloko has quality features throughout

Because this property is located on a quiet side street off the Old Mamalahoa Hwy., you will have great side streets to walk. This area has nice trees, and up the street near the veterinary clinic are some wild roseapple trees…this rose-smelling guava-like fruit is so yummy! A great treat while enjoying the beauty of this area!

This floor plan is very functional, as the rooms are a nice size, and this spacious room (above) with its balcony and see-through glass railing make this room a wonderful master suite. No need to get out of bed to see the view—this is a great design feature, one of many in this home. 3 full bathrooms are also a bonus at this price!

This property qualifies for the Fannie Mae Home Path Program, so you can purchase this property for just 3% down! If you need to speak with a lender to help you consider your financing options, please give me a call! I have a list of trusted mortgage brokers and bankers that can assist in your path to owning the home of your dreams!

Buy your own new appliances for this open kitchen! Entertain with ease here!

Your family and friends will love coming over for family gatherings…with lots of room in the open kitchen and the way it flows into the living area—you won’t be far from guests when you entertain for the holidays! You get to catch all the jokes and special moments even though you’re checking the potatoes!

A home to enjoy, you will create the best of times in this special home in Kaloko!

Please let me know how I can be of service in helping you fulfill your desires of home ownership in Hawaii! There are great deals coming on the market, and I would be happy to include you on the auto-search program of homes within your desire and price range! This system will notify you anytime a home comes on the market with your needs, wants, and ultimate desires and price range!

Please contact me anytime for more information. Blessings for a great Hawaii life, and I look forward to meeting you soon! Mahalo and Aloha!

Claire K. Bajo, RS

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