$1M + Off Luxury Foreclosure at Keauhou Estates

Another foreclosed home has just come on the market in Keauhou Estates.

Over $1 Million below 2006 sales price!

Luxury Deal at Keauhou Estates

This ocean view 3 bed and 3 1/2 bath home (MLS# 235667) with a pool is priced at an unbelievable $774,900. With panoramic views and a front row for sunsets this screamin deal won’t last long.

Price: $774,900
County Assessed: $1,294,300
2006 Sales Price: $1,900,000

Purchased in 2006 for $1,900,000 and currently assessed at $1,294,300 you can see the bank is ready to deal. That’s more than $1.1 million less than the last buyer paid and $500,000 less than the county appraiser valued it as.  In addition, the bank in this case is Bank of America and they are willing to offer some financing perks to make it easy.You can contact them from a link on our websites homepage for more info on getting prequalified.

Keauhou Estates is one of Kona’s best neighborhoods.  It sits above Keuahou Bay, has a gate with a guard and some of the best views along the Kona Coast.   It is rare to see a home under a million. There have been a few short sales and foreclosure properties lately but the good ones get snatched up quickly. Unfortunately the pictures provided by the bank for this particular property are awful and simply don’t do it justice. Don’t let it stop you as this is a must see. Contact me for more info and photos of this and other luxury deals in Keauhou.