REO Condo Deal at Kona Bali Kai

This home sold for $279,000 (2005), and is now available for $79,900

Kona Bali Kai consists of 3 separate buildings on Kona’s premier Alii Drive. 2 of the buildings are on the Mauka (mountain) side, and 1 building is on the oceanfront. 154 units total. On site is a relaxing pool and hot tub along with a spacious barbecue area.

Nearby is the Historic Kona town, with shopping, dining, and across the street is the one of Kona’s well known surf spot, and possibly the best surf in town, “Banyan’s,” where you can catch the waves, hit the lip, and even ride in the barrel. You might even get lucky to see the hosted local pro-surfer Shane Dorian’s surf classic that is held every year.

At the peak of the market in 2005, this home (MLS# 239514) sold for $279,000. Now available for $79,900, and don’t blink this is not a typo. This end unit studio has a full kitchen, ample storage, tile flooring, and the best part, an unobstructed and stunning ocean view from your large sliding glass door and lanai. Monthly HOA’s fees are priced at $355.00. At this price this home will sell FAST. Use as your full-time residence, or as a vacation rental.

Contact me today to make your Hawaiian ohana (home) dream come true. Tara Kelly, RS, for more information at (808)-542-6014.

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