110 Kaanapali Shores Pl Unit 1202, Lahaina, HI 96761

Property Description

Penthouse studio at the Mahana at Kaanapali! Unobstructed panoramic ocean views, year-round sunsets and views of the neighbor islands of Lana'i and Moloka'i. Picture perfect spot to watch the humpback whales breaching in winter, dolphins and the turtles playing in the surf below. Tastefully decorated and finished with granite counter tops, hardwood cabinetry in the kitchen and bath, travertine shower, custom lighting and stainless-steel appliances. Mahana offers a quiet beachfront location at the northern end of Kaanapali Beach under the shade of the giant Monkeypod Trees. Amenities include a beachfront swimming pool, hot tub, grilling facilities, shuffleboard, and tennis court; adjacent to the 3-mile beachfront boardwalk that connects several Kaanapali resorts, restaurants and ocean activities. Unit is in a self-managed vacation rental program and future bookings can be transferred to the buyer. AAAO monthly dues: $722.19 maintenance + 336.18 utilities + 397.05 reserve = $1,455.42. Additionally, there is a special assessment of $981.08 per month with a remaining balance of $36,000. Seller will pay this balance prior to close of escrow. Buyer hereby acknowledges that it is the intent of Seller to effect an IRC §1031 tax deferred exchange, which will not delay the closing or cause additional expense to Buyer. Seller’s rights under this agreement may be assigned to a Qualified Intermediary, for the purpose of completing such an exchange. Buyer agrees to cooperate with Seller and Qualified Intermediary in a manner necessary to complete the exchange. Check out the outstanding reviews of Mahana 1202 on VRBO.