Oahu Real Estate Best Buy – Maunalani Heights Home For Sale with Panoramic Ocean Views
Oahu Real Estate Best Buy—August 17, 2011.
When something good comes on the market, it is always good to know about it. This one came on the market today. I have been watching this property, and I have to say, it is a great buy for Oahu real estate. The land alone is amazing—12,376 square feet with panoramic ocean views. Those are 2 of the most precious items to maximize value in Hawaii real estate—land and view—everything else can be improved.
4717 Halepoola Place on Maunalani Heights (MLS# 1110126) at $1,290,000 is the best value in the area. We are just talking value here—not the prettiest, or the best layout or materials—just a great value; it is for the savvy investor. It is a bank owned property in Maunalani Heights. It may not be the nicest, or the most updated, but with some remodeling and vision, it can be turned into a gem.
It has 3,391 interior living space and again—that 12,376 sq. feet of land, and it has 5 bedrooms and 3 bathrooms. It is set up with 3 living spaces, but could be unified into a single living space. There are countless upgrades and renovations that could be done to make this a great property. This is a bank owned property, so the buying process is a bit different than the normal purchase process. Luckily, I have done several of those, so it is no problem navigating the bank owned property purchase.
Kelly A. Lee, (R)
Hawaii Life Real Estate Brokers, LLC