$2,395,000

1 Ritz Carlton Dr #4-1616

Lahaina HI, 96761

Description

The Ritz-Carlton Residences Kapalua 1614-1616 is a 2-bedroom, 2-bathroom fully furnished condominium with excellent ocean views from every room. 1614-1616 is in the Ritz Carlton Hotel Rental Program. The residence, offered fully furnished, was completely refurbished by Ritz Carlton in 2016 and is maintained to Ritz Carltons exacting standards. The Rental Program is fully integrated into the Ritz Carlton Hotel in every respect, including the reservations system and all front-desk operations. Owners can use the condominium for up to 60-days per year while it is in the program. This unit is classified as the best "ocean view" category residence which greatly impacts the rental income. Owner benefits include special discounts for restaurants, spa, fitness classes, golf, laundry, pool cabana rentals and retail. The Ritz-Carlton Residences Kapalua is located in Kapalua Resort, which is nestled in one of Hawaiis largest nature preserves. The resort features award-winning white sand beaches, two marine sanctuaries, award-winning accommodations, premier real estate, and two legendary world-class golf courses, the Plantation Course and the Bay Course. Kapalua Resort has been recognized worldwide through the receipt of numerous awards from the publications such as TRAVEL + LEISURE, Golf Digest and CONDE NAST TRAVELER. The Ritz-Carlton Residences 1614-1616 is not just an ordinary investment property, but more of an income-producing lifestyle asset that you and your family get to enjoy as a vacation home at the same time for years to come.

Details

MLS#385025
Listing TypeFor Sale
StyleCondominium
Building NameThe Ritz Carlton Residences
Sub-TypeResale
StatusActive
Year1992
Days On Site297

Features

Bed(s)2
Bath(s) 2 Total
SQ Feet1,333
PoolYes
Acreage2.15
Water FrontYes
Property ViewYes

Market Activity 96761

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Area Information
StateHI
CityLahaina
Zip Code96761
AreaKapalua
Community NameThe Ritz Carlton Residences
Listing VS Median (in The Ritz Carlton Residences)
Price:
$2,395,000
low | high
Med:
$1,850,000
72.755741127349% of Average
SqFt:
1,333
low | high
Med:
1,323
50.750187546887% of Average
$ / SqFt:
$1,797
low | high
Med:
$1,398
72.171884295356% of Average
On Site:
297
low | high
Med:
188
100% of Average
Listing Updated: 10/25/2020
Tomoko Matsumoto LogoMLS Number: 385025
Listing Provided By:
Tomoko Matsumoto  of  Hapuna Realty

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