Linda McCabe and Erin McCabe with Coldwell Banker Island Properties - 808-225-1048
Hawaii Condo ManiaMLS: 202516442 $935,000
3 Bedrooms with 3 Baths599 KEOLU DRIVE B
KAILUA HI 96734MLS: 202516442
Status: ACTIVE
List Price: $935,000
Price per SQFT: $678
Square Footage: 13803 Bedrooms
3 Baths
Year Built: 1973
Zip Code: 96734
Listing Remarks
Price Reduction. Court Ordered Sale. Investors Only as tenant occupied until May 31, 2026. Looking for an investment property with a potential steady cash flow in very good condition. Consider this unit at the waterfront community of Enchanted Lake in Kailua which is peaceful, pet friendly, has resort like amenities and is just minutes to Kailua Town shops and restaurants. For the investor, this townhouse comes with multiple tenants previously earning $8670 per month in gross monthly income.The property floorplan has been modified from current tax records and renovated to maximize rental income (4 beds and 4 associated baths with each room equipped with WIFI enabled security keypad locks). The renovations were completed with high quality materials and substantially performed by licensed contractors. However, the unit is being Sold "As-Is" and is priced accordingly to reflect the unpermitted and non-conforming status of the renovations. Maintenance fees are low and cover a lot including exterior maintenance, roof, siding, lanais and fences, plus common area landscaping, and resort-like amenities such as heated pool, small workout area, and more. HOA has 100% hurricane insurance.
Address: 599 KEOLU DRIVE B KAILUA HI 96734
Listing Courtesy of HAWAII LIFE
Condo Mania Agent
Linda McCabe
Coldwell Banker Island Properties
REALTOR®
Phone: 808-225-1048
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Listing Details
STATUS: Active SPECIAL LISTING CONDITIONS: None LISTING CONTRACT DATE: 2025-07-18 BEDROOMS: 3 BATHROOMS FULL: 2 BATHROOMS HALF: 1 LIVING AREA SQ FT: 1380 BUILDING AREA TOTAL: 1716 YEAR BUILT: 1973 TAXES: $3,760 HOA/MGMT CO: Kukilakila HOA INCLUDES: CommonAreas, MaintenanceGrounds, MaintenanceStructure, None HOA AMENITIES: Management ARCHITECTURAL STYLE: MultiLevel BUILDING NAME: Kukilakila CONSTRUCTION: DoubleWall, WoodFrame COMMUNITY FEATURES: Barbecue, Clubhouse, CommunityPool, DeckPorch, Dock, Fitness, Patio, Pool, RecreationArea, TrailsPaths FLOORING: CeramicTile, Vinyl FURNISHED: Unfurnished INTERIOR FEATURES: BedroomOnMainLevel, FullBathOnMainLevel, Storage LOT FEATURES: Yard PARKING FEATURES: Garage, Guest, TwoSpaces, OnStreet PROPERTY TYPE: Residential PROPERTY SUB TYPE: Condominium POOL FEATURES: Heated VIEW: Mountains, Sunset, Sunrise LISTING AGENT: JON S MANN LISTING OFFICE: HAWAII LIFE LISTING CONTACT: (800) 667-5028
Estimated Monthly Payments
List Price: $935,000 20% Down Payment: $187,000 Loan Amount: $748,000 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $4,728 Estimate does not include taxes, fees, insurance.
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Property Location: 599 KEOLU DRIVE B KAILUA HI 96734
This Listing
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Condo Mania Agent
Erin McCabe
Coldwell Banker Island Properties
Real Estate Associate
Phone: 808.485.9955
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Last Updated: 2025-08-15