Fairway Terrace Two Bed/Two Bath in Waikoloa Village

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Waikoloa Village · South Kohala

Fairway Terrace Two Bed/Two Bath in Waikoloa Village

68-3831 Lua Kula St, Waikoloa, HI, 96738

$409,900

Bedrooms
2
Baths
2
Interior
793 Sq. Ft.
MLS
730217

See MLS Listing(opens in a new tab)

Pleasantly updated ground-floor 2-bedroom, 2-bathroom condominium in the heart of Waikoloa Village! Located within the gated Fairway Terrace community, this centrally located unit offers convenient access to the Waikoloa Village Golf Course, clubhouse, aquatic center, courts & community shopping centers. Just a short drive to the world-renowned Kohala Coast resorts, white sand beaches, restaurants, shopping and ocean activities.

Some of the recent improvements, making this unit move-in ready, include: * a large stackable washer and dryer * updated water heater * all new appliances (note that white oven/range in photos has been replaced with black/stainless) * new toilets and seats * fresh interior paint with new outlets and switches throughout * new bedroom blinds

The HOA has also recently painted the exterior of the building, enhancing the community’s appeal and value.

Fairway Terrace amenities include a pool, spa, fitness center, BBQ area, car wash station and solar panels for reduced electric costs.

Enjoy comfortable island living in a well-maintained complex featuring convenience, and easy access to both mauka and coastal destinations. Whether you’re seeking a primary residence, long-term rental, short term rental or Hawaii retreat, this upgraded condo offers an excellent opportunity in one of the Big Island’s most convenient locations.

The Property

Property Type
Condo
Bedrooms
2
Bathrooms
2
Living Area
793 Sq. Ft.
Year Built
1989
Tenure
Fee Simple

Features and Amenities

Appliances
Dishwasher, Disposal, Microwave Hood, Range / Oven, Refrigerator
Water Heater
Electric
Laundry
Stacked Washer and Dryer
Security
Gated Community
Other Features
Smoke and Heat Detector

Zoning, Hazard and Records

Tax Map Key
3-6-8-3-2-64
Subdivision
Waikoloa Village
Zoning
RM-1.5 - Multi-Family, 1,500 Sq. Ft. / unit
Lava Hazard
Zone 8
Flood Zone
Zone X

Monthly and Annual Costs

Condo Maintenance (AOAO)
$902.46 / Month
Homeowners Association
$93.33 / Month
Total Monthly Fees
$995.79 / Month
Property Tax
$5,158.53 / Year
Tax Year
2025

Currently used as a vacation rental. The seller reports that this property is operated as a short-term vacation rental, and the listing sheet records that use as non-conforming. This page advertises the property for sale, not for rent. A county registration or nonconforming use certificate does not automatically transfer with a sale, and rules for transient vacation rentals on Hawaii Island are changing under Ordinance 25-50. Any buyer intending to continue this use must verify current eligibility, registration status and transferability directly with the County of Hawaii Planning Department before relying on it.

Listed by Island Boutique Realty, Inc., licensed in Hawaii, license RB-22087. All information is from the seller, the Hawaii Information Service multiple listing service and county records. It is deemed reliable but is not guaranteed and is subject to change or withdrawal without notice. Square footage, land area, bedroom and bathroom counts, year built, zoning, lava hazard zone, association fees, assessed values and tax figures are approximate and are not warranted. Nothing here is an offer, a survey, a flood or lava determination, a zoning verification or advice on the legality of any use. Buyer to independently verify all material facts, including permitted use, with qualified professionals and the County of Hawaii. We do not display automated valuation estimates on this listing. Island Boutique Realty, Inc. is an Equal Housing Opportunity brokerage and supports the Fair Housing Act and Hawaii's fair housing law, HRS chapter 515. See our full disclosures.