3890 Kamehameha Rd Unit 7, PRINCEVILLE, HI 96722

Property Description

Paliuli cottage #7 is a turnkey paradise with private pool and built-in income. One of only eight free standing condominiums on a lush, secluded two acre enclave. No shared walls. No compromise. Complete privacy. 2 bedroom with 2 baths offered fully furnished filled with original artworks and vintage Hawaiian antique furnishings throughout. Tastefully curated with bamboo flooring, travertine tile in baths, granite countertops atop cherry wood cabinetry, stainless steel appliances including a wine cooler, and plantation shutters. Unit has zoned A/C to keep you perfectly comfortable during warmer summer months. You can also cool off by stepping outside to your completely private walled terrace lanai area with your own private in-ground plunge pool. A very rare additional feature is that all eight Paliuli owners collectively own a separate ninth unit generating roughly $3,500/month in rental income which helps to keep the month HOA fee stable and lower than other comparable units. With the vacation rental income and the shared unit, you're buying into a tidy revenue stream from day one. More Details: assigned covered parking, HOA includes weekly pool maintenance, detached standalone design, and manicured grounds that feel more like a private park than a development. Currently a very busy and popular vacation rental. Seller may consider seller financing - conditional upon acceptable terms. Second home, vacation rental, or full-time residence - a boutique turnkey retreat with a plunge pool and built-in income. Very rare offering. Only eight exist. This one's ready.