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THE WEST MAUI LIFE OF LUXURY BEGINS HERE

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«MLS# 380100
The Ritz Carlton Residences   1614-1616
»
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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.
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Property Stats
Price:$2,250,000 Fee Simple
List Date: October 03, 2018 (DOM:68)
Type: Condo
Status: ACTIVE
District: Kapalua 
Building: The Ritz Carlton Residences
Unit: 1614-1616 
Floor Level: 6
Address: 1 Ritz Carlton Dr
Bed(s):
Bath: 3.00 
Living Area: 1,333 SF
Land Area: 28.04 Acres
View: Ocean 
WaterFront: BeachFront 
Maintenance Fee: $3259 
Pool: Yes 
Maui County Tax Info
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Condo Information - The Ritz Carlton Residences
Address:1 Ritz Carlton Dr
Kapalua, HI 96761
Apartment SF:824 - 1,646 sqft
Number of Buildings:3
Pool:Yes
Area Real Estate Stats: Condominium - Kapalua
Latest Stats: October 2018
Latest MonthPrevious MonthYear Ago Month
UnitsVolumeMedianUnitsVolumeMedianUnitsVolumeMedian
1$955,000$955,0001$8,950,000$8,950,0007$16,276,888$1,811,888


«MLS# 380100
The Ritz Carlton Residences   1614-1616
»
This property is listed by Kapalua Realty Co Ltd
And co-listed by Island Sotheby's Int'l Rlty(L)
Randolph M Antonio R(S) may represent you as Buyer's Representative.
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, 1995-2018, REALTORS® Association of Maui, Inc. All Rights Reserved.


   

 

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