1 Ritz Carlton Dr , 1614-1616

    Lahaina, HI 96761
    • $2,250,000
    • STATUS: Active
    • ON SITE: 165 days
    • MLS #: 380100
    UPDATED: 13 min ago
    $2,250,000
    • 2
      BEDS
    • 28.04
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 1,333
      SQFT
    • $1,688
      $/SQFT
    Type:
    Condo
    Area:
    Land Tenure: Fee Simple

    School Ratings & Info

    Listing courtesy of Kapalua Realty Co Ltd.





    Description

    Ritz Carlton Residence 1614-1616 is a two bedroom three bath condominium, including a den and kitchen, with premium ocean views from every room. The air-conditioned space is 1333 square feet, plus an additional 317 square feet of lanai space. The property is fully furnished and maintained to Ritz Carlton's exacting standards and includes everything down to linens and kitchen utensils. The unit was completely updated with new finishes and all new furniture in late 2016 at a cost of $125,192. This condominium is in the Ritz Carlton Hotel rental program which allows owners up to 60 days of usage annually as a personal vacation home, with many exclusive benefits. The property generated Gross Revenues of $328,296 in the 12 months from August 1, 2017 to July 31, 2018 with approximately 30 days of owner usage. After paying splits to Ritz Carlton, all HOA dues, all Furniture Reserves, all utilities, all maid services, ALL other expenses (except property taxes and property insurance), net revenues to owner for this period were $108,873. This property is classified as Ocean View (the highest occupancy category) by the Ritz Carlton Hotel Rental program and as such generates good revenues. This is a fully turnkey property providing owners and guests with superb accommodations and world class services, within the splendor of Kapalua Resort with its unmatched Golf Courses, pristine beaches and scenic hiking. Contact listing agents for further details and a list owner of benefits.

    Monthly Payment Calculator

    This information is believed to be accurate. It has been provided by sources other than the Realtors Assoc. of Maui and should not be relied upon without independent verification. You should conduct your own investigation and consult with appropriate professionals to determine the accuracy of the information provided and to answer any questions concerning the property and structures located thereon. Featured properties may or may not be listed by the office/agent presenting this brochure. Copyright, 1995-2019, REALTORS® Association of Maui, Inc. All Rights Reserved. Data last updated: 2019-03-19T17:06:33.59.
    maui.elitepacific.com/homes/88220405

    1 Ritz Carlton Dr , 1614-1616 Lahaina, HI 96761

    • Price: $2,250,000
    • Status: Active
    • Updated: 13 min ago
    • MLS #: 380100
    2
    Beds
    2
    Baths
    0
    ½ Baths
    28.04
    Acres
    1,333
    SQFT
    $1,688
    $/SQFT
    Neighborhood:
    The Ritz Carlton Residenc
    Area:
    Kapalua
    Property Description
    Ritz Carlton Residence 1614-1616 is a two bedroom three bath condominium, including a den and kitchen, with premium ocean views from every room. The air-conditioned space is 1333 square feet, plus an additional 317 square feet of lanai space. The property is fully furnished and maintained to Ritz Carlton's exacting standards and includes everything down to linens and kitchen utensils. The unit was completely updated with new finishes and all new furniture in late 2016 at a cost of $125,192. This condominium is in the Ritz Carlton Hotel rental program which allows owners up to 60 days of usage annually as a personal vacation home, with many exclusive benefits. The property generated Gross Revenues of $328,296 in the 12 months from August 1, 2017 to July 31, 2018 with approximately 30 days of owner usage. After paying splits to Ritz Carlton, all HOA dues, all Furniture Reserves, all utilities, all maid services, ALL other expenses (except property taxes and property insurance), net revenues to owner for this period were $108,873. This property is classified as Ocean View (the highest occupancy category) by the Ritz Carlton Hotel Rental program and as such generates good revenues. This is a fully turnkey property providing owners and guests with superb accommodations and world class services, within the splendor of Kapalua Resort with its unmatched Golf Courses, pristine beaches and scenic hiking. Contact listing agents for further details and a list owner of benefits.
    Exterior Features

    Lanai Sq Ft Uncovered 317 Pool Yes Pool Description In-Ground View Ocean Waterfront Beachfront

    Interior Features

    Floor Level 6

    Property Features

    Building Name The Ritz Carlton Residences Central AC Y Complex Name The Ritz Carlton Residences Condominium Type Condo County Zoning H-1 Hotel District Land Tenure Fee Simple Monthly Maintenance Fee 3259 Neighborhood Kapalua Other Features Exercise RoomSpa/Hot Tub Photo Voltaic Installed No Potential Short Sale No REO No State Zoning Urban Utilities To Site Private WaterUnderground Electricity

    Listing information © 2019 REALTORS® Association of Maui, Inc.
    Listing provided courtesy of Kapalua Realty Co Ltd.

    This information is believed to be accurate. It has been provided by sources other than the Realtors Assoc. of Maui and should not be relied upon without independent verification. You should conduct your own investigation and consult with appropriate professionals to determine the accuracy of the information provided and to answer any questions concerning the property and structures located thereon. Featured properties may or may not be listed by the office/agent presenting this brochure. Copyright, 1995-2019, REALTORS® Association of Maui, Inc. All Rights Reserved. Data last updated: 2019-03-19T17:06:33.59.
     
    Elite Pacific Properties LLC
    75 Kupuohi St., Ste. 203
    Lahaina HI, 96761
    Listing courtesy of Kapalua Realty Co Ltd.