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Big Island

Deal – Kailua-Kona REO Pick of the Week

This newly listed (MLS# 243174) REO is my deal pick of the week. Newly built in 2007, this 3 bedroom, 2.5 bathroom home offers 2,012 living square feet, all on 1 acre. A separate 1 bedroom, 1 bathroom is located on the other side of the 2 car garage. Possible mother-in-law apartment? Priced at $450,135 and the current assessed value is at $651,000, this is a great value!

Assessed Value: $651,000
Asking Price: $450,135

Have the benefit of the circular driveway and heaps of concrete. Maybe extra parking for your boat? You can make this yard shine with various landscaping. Inside this open-style floor plan you will notice the cathedral ceilings and concrete flooring. There are granite counter tops in the kitchen along with stainless steel appliances. The travertine showers are large enough for two. Just add some paint and a little minor cabinet fixes, and this home will be back like new.

In this development you will enjoy being close to Honokohau Boat Harbor, the airport, and easy access to North and South Kona. Also, near the new industrial area is where you will find shops, Home Depot, a small post office, a bank and, my favorite, Costco.

For more information about living at Kalaoa, or better known as “Palisades,” contact me, Tara Kelly, RS, for more information (808) 542-6014.

View my favorite Big Island Foreclosures.

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