$299,000
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2253 Poipu Rd Unit 311 Koloa, HI 96756
Condo
Residence
1
Beds
1
Baths
...
Bed/Bath
640
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
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This is a leasehold property. Investor Opportunity – Phase 3 Unit with Lower Land Lease & Strong Rental Potential Outstanding investment opportunity at Kiahuna Plantation Resort in Po?ipu. This turnkey garden-view condominium is located in Phase 3, offering a significant financial advantage with ...a lower land lease of approximately $1,000/month versus roughly $1,700/month in Phase 2 units. This savings directly enhances cash flow, cap rate performance, and overall ROI. A brand-new air conditioning system (installed January 2024) increases guest appeal, extends rental season value, and improves nightly rate potential. Located within the Visitor Destination Area (VDA), this unit is fully eligible for legal vacation rental use. Beautifully furnished and move-in ready, it offers investors an immediate income-producing asset. Investment Highlights • Phase 3 = lower land lease = stronger cash flow • High rental desirability with new A/C • Fully furnished & turnkey with garden views • Remodeled bathroom + granite countertops • Spacious lanai with sliding doors & wood shutters • Proven vacation rental location steps to Po?ipu Beach Guests love the resort experience—lush tropical grounds, koi ponds, orchid gardens, BBQ areas, and short walk to world-renowned Po?ipu Beach for snorkeling, swimming, and sunsets. HOA includes: Access to Po?ipu Beach Athletic Club, utilities, resort amenities, security, parking, food/beverage/pool towel service, fitness center, waterslide, spa, tennis, pickleball & basketball courts. Nearby: The Shops at Kukui?ula, restaurants, golf, and premier South Shore attractions—ideal for high occupancy and premium nightly rates. A rare opportunity to secure a well-maintained, fully turnkey property in a premium phase with meaningful lease-cost advantage, delivering superior rental performance and long-term return potential.
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MLS#
725844
Property Type
Condo
Bedrooms
1
Bathrooms
1 Full
Year Built
1978
HOA Fee
$2,066
Monthly
Square Feet
640
sq. ft
Price per Sq. Ft.
$467.19
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