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Compare these "lodging units" with those at the nearby Kauai Beach Resort.
Islander on the Beach is a low-rise resort condominium complex on Kauai's East Side in an area called the Coconut Coast. It's an oceanfront complex with 8 buildings and 203 units, most all with 372 square feet of living space. It's located within a short stroll to the Coconut Marketplace with restaurants, night clubs, gift shops, clothing boutiques, jewelry, and art galleries. A nice sandy beach is in front of the complex and many sights and attractions are just a short drive away.
These are converted hotel units that were gutted, very nicely refurbished with tropical decor, and sold to individual owners in 2005, a renovation of approximately $10 million. Most lenders classify these units as "lodging units" because they don't have a full kitchen and have quit making loans on these types of condos. Fortunately the price point is much more affordable compared to Kauai's luxury resorts so an all-cash purchase is within reach of many. Price history for this project is shown below.
Recent AOAO Management was by Aston Hotels & Resorts (formerly ResortQuest) but this may be dated. Their number is 808-931-1400.
Play Islander Slide Show in window above (allow a moment for download)
The floor plan for all units but two is available for your review
The Islander on the Beach website is available, much of the content requires owner login.
NOTICE: Listings are from the Maui Multiple List Service. Listing descriptions & photos have not been reviewed, approved, or endorsed by this REALTOR.
|Disclaimer: Information herein is deemed reliable at time of publication but due to extensive content is likely to contain some inaccuracies; information deemed important to a decision to buy or sell must be independently verified.|
Richard Dolbeare, R(B), ABR, CRS, e-PRO, RSPS, BS/MS (808) 651-4550 Aloha@eXp808.com | HI Lic. # RB-20941
eXp Realty, 500 Ala Moana Blvd., #7-400, Honolulu, HI 96813