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68-3831 LUA KULA ST, #L208, WAIKOLOA, HI 96738

Upgraded 2/2 Condo, STVR Zoned, Income Potential or Your New Island Home.

Listing Provided by: Hawaii Life
MLS #: 729410
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Description

Offering strong value within Waikoloa Village, this upgraded and partially furnished 2-bedroom, 2-bath condo offers a versatile opportunity for full-time living, second home use, or income-producing investment. Located within the private, gated community of Fairway Terrace, Unit L208 sits in the desirable upper section of the complex, offering a peaceful setting with nearby open green space and a private serene lanai view. This freshly painted second-floor unit has been thoughtfully refreshed with upgrades completed in recent years, including granite countertops in the kitchen and bathrooms, custom African Mahogany and Mango wood cabinetry with soft-close hinges, Kohler sink, Pfister fixtures, recessed and pendant lighting, ceiling fans, vinyl wood flooring, newer screened windows and lanai door, cordless blinds. Additional updates include a new water heater and leak alarm, new television and interior paint. Sold partially furnished, the unit includes a newer sofa, TV, bar stools, bed frames with Sealy mattresses, desk, side tables, lamps, and kitchenware—making it move-in or rental ready. Zoned for short-term vacation rentals (STVR), this property provides flexibility to generate rental income now while securing your future place in Hawai‘i. Additional features include one covered, deeded parking stall (#72), solar panels for reduced electric costs, and upcoming exterior paint improvements within the complex. Fairway Terrace amenities include a pool, spa, fitness center, BBQ area, car wash station, and community laundry. Conveniently located near Waikoloa Highlands Shopping Center, Waikoloa Plaza, and Waikoloa Village Golf Course as well as a short drive to some of most beautiful beaches Hawai'i has to offer. Waikoloa Village Association membership offers added benefits, including discounted golf, community pool, tennis, and more.

Property Details

Price: $430,000
Sold Price:
Address: 68-3831 LUA KULA ST, #L208, WAIKOLOA, HI 96738
Ownership: CPR
Status: Active
Category: Residential
Type:

Total Bedrooms: 2
Total Bathrooms: 2
Full Baths: 2
Living Area: 785 Square Feet

Listed by: Hawaii Life
Year Built: 1989
Levels:

Features and Amenities

Interior Features:
Exterior Features:
View:
Pool: Yes
Pool Features: Outdoor Pool, Pool/Spa Combo

Appliances: Dishwasher, Microwave Hood, Range, Washer/Dryer Stacked
Fireplace Features:
Flooring: Carpet, Vinyl
Security:
Laundry:
Garage Spaces:
Carport Spaces:
Parking Features: Assigned, Detached
Additional Structures:
Home Warranty:

Community Information

Project Name: Fairway Terrace
Subdivision Name: WAIKOLOA VILLAGE
Association Fee: $958 Monthly
Stories:
Year Established:
Lava Zone: 8
Flood Zone: X

Land Information

Lot Size: Square Feet
Waterfront:
Land Lease Rent:
Lease Type:
Land Tenure: Fee Simple
Lot Features:
Frontage Type:
Roads: Paved, Private
Roads Frontage Type:
Zoning: RM-1.5
Horse Amenities:

Additional Details

Assessed Tax Value: $442,600
Annual Tax: $5,467
Tax Year: 2026
Tax Lot:
Tax Block:

Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected, Underground Utilities
Cooling:
Heating:
Sewer:
Water: Private
Solid Waste Disposal: Included with Maintenance Fees

First Listed May 7, 2026, 10:59 am
Last Updated May 7, 2026, 11:33 am
Listing Conditions: Fee Simple, Standard
Property Condition:
Financial Info Available:

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