This APPROVED short sale at Keonekai Heights is a tremendous value at $520K!
This 4 bedroom/3 bath Kihei home sits on a large lot
Looking for an amazing value in Maui real estate? How about a home that sold for $735K in 2004 and is now listed for sale at $520K? That’s $215K off this Kihei short sale (MLS# 339677).
Asking Price: $520,000
County Assessed Value: $667,000
Previous Sales Price (2004): $735,000
Keonekai Heights is a highly desirable Kihei neighborhood, popular among residents and investors. Boasting 2,641 spacious feet of living space, this 4 bedroom/3 bathroom home sits on large 10,062 square feet lot.
For many potential buyers, the lure of offering on a short sale property is lost when taking into account the lengthy and complex process. However, this is an APPROVED short sale, as the lender has accepted the listing price and the property can be sold relatively quickly, provided that pertinent contingencies are met.
This area is great for those looking for more individual homes with character, away from the cookie-cutters designs. Homes in Keonekai Heights typically sell for well over $600K, making this listing a tremendous value.