Discover the perfect blend of modern comfort and island living at Fairway Terrace Unit #I208 - a recently renovated condo conveniently located in the heart of Waikoloa Village. Whether you're looking for a full-time residence, vacation getaway, or income-producing rental, this turnkey, fully-furnished, active short-term rental (STVR) property is a fantastic opportunity! Ideally located on the back perimeter of the complex, this second-floor unit offers a private setting with easy access to community amenities and all the conveniences of Waikoloa Village. Centrally located, just 15-20 minutes to many world-class beaches along the Kohala Coast! Fully remodeled in 2022, featuring: • Luxury vinyl wood flooring • Freshly painted interior • Granite kitchen countertops • Sleek kitchen cabinetry with ample storage • Stainless steel appliances • Deep stainless-steel farmhouse-style sink • Contemporary light fixtures and ceiling fans • Full-sized Washer & Dryer (stacked) • Modern walk-in bathroom shower • Contemporary bathroom vanity & sink • Backlit LED bathroom mirror Fairway Terrace is a gated community with a variety of amenities. The complex utilizes a large photovoltaic solar system to help reduce electricity costs while also providing partial cover for parking (Unit I208 comes with one assigned stall). Residents enjoy access to Fairway Terrace’s private pool, spa, fitness room, and BBQ area. The complex has also undergone recent improvements, including a new roof in 2024 and ongoing exterior painting to maintain its appeal. As a Waikoloa Village Association (WVA) member, you have access to the Waikoloa Aquatic Center, tennis and pickleball courts, and discounted golf rates at The Village Course.
For sale
Price cut: $2K (4/17)
$393,000
68-3831 Lua Kula St #I208, Waikoloa, HI 96738
1beds
492sqft
Est.:
Single Family Residence
Built in 1989
-- sqft lot
$385,900 Zestimate®
$799/sqft
$700/mo HOA
What's special
Private poolBbq areaFreshly painted interiorDeep stainless-steel farmhouse-style sinkStainless steel appliancesPrivate settingModern walk-in bathroom shower
- 77 days
- on Zillow |
- 267 |
- 15 |
Zillow last checked: 7 hours ago
Listing updated: April 17, 2025 at 04:11pm
Listed by:
Penn Henderson 8083456214,
NextHome Paradise Realty
Source: Hawaii Information Service,MLS#: 717617

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Cooling
- None
Appliances
- Included: Disposal, Dishwasher, Microwave, Refrigerator, Range/Oven, Range Hood, Washer/Dryer Stacked
Features
- Has fireplace: No
Interior area
- Total structure area: 492
- Total interior livable area: 492 sqft
Property
Parking
- Parking features: Assigned
Features
- Pool features: Gunite
- Has view: Yes
- View description: Golf Course, Mountain(s)
- Frontage type: Golf Course
Details
- Parcel number: 3680030020127
- Zoning: RM-1.5
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Single Family Residence
Condition
- Year built: 1989
Details
- Builder model: Fairway Terrace
Utilities & green energy
- Water: Private
- Utilities for property: Sewer-Connected, Cable Available, Cell, Phone Available, Underground Utilities
Green energy
- Energy generation: Solar
Community & HOA
Community
- Security: Key Card Entry, Gated Community
- Subdivision: Waikoloa Village
HOA
- Has HOA: Yes
- HOA fee: $700 monthly
Location
- Region: Waikoloa
Financial & listing details
- Price per square foot: $799/sqft
- Tax assessed value: $302,700
- Annual tax amount: $3,541
- Price range: $395K - $393K
- Date on market: 1/21/2025
- Listing terms: 1031 Exchange,Cash,Conventional,VA Loan
- Ownership: CPR,
- Electric utility on property: Yes
- Road surface type: Paved
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