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kapoho Vacationland - lavalinda - 06-26-2010
Does anyone on the forum live in Vacationland. I have some friends interested in maybe buying property there. They cannot seem to find out if there are CCR's and if there are dues other than road maintance.
They know it is Lava 2 and they will probably need flood insurance. My friends have rented vacation houses there several and liked the area.
Any insight would be much appreciated!
Mahalo
Linda
RE: kapoho Vacationland - Kapohocat - 06-26-2010
I do live here and there are no CCR's. There is also info on this site: http://vhca.info/
We just purchased insurance and it run just about $2K for the year. There is a unfilled unworking pool on our lot so it narrowed down the companies to two. Flood insurance is only required if they are in the FEMA flood zone which is actually not that much of Vacationland. We are at about a 15-16-17' elevation (depends where on the lot you stand! haha). If you email a TMK # - I can look it up or again ask the realtor.
The other person who posts often is Obie and his wife Betty is a realtor. There is also someone else is just building down here (Tom ? maybe).
There are now 7 houses on the market (past the mailboxes) - most of the pricing seems good. The one million dollar house listed has the million dollar view!!!
RE: kapoho Vacationland - lavalinda - 06-26-2010
Thank you Kapoho Cat and Kathy!
Kapoho Cat are you familiar with the house on 14-4909 Kahiloli Place( PARID: 140680760000 ) on the market for $264,500 it is bank repo. I think according to the flood map it is in the flood zone. This is the one they are interested in. The agent who has the listing is in Kona and does not know much about it. We are all on the main land at the present and we are just trying to see if it is worth a trip up to look at it.
The pics on the Hawaii info are not they way it really looks now...the agent put pics on line from when the people lived there and had it for sale!!
Mahalo for your words of wisdom!
Lavalinda
RE: kapoho Vacationland - Kapohocat - 06-27-2010
quote:
Originally posted by lavalinda
Thank you Kapoho Cat and Kathy!
Kapoho Cat are you familiar with the house on 14-4909 Kahiloli Place( PARID: 140680760000 ) on the market for $264,500 it is bank repo. I think according to the flood map it is in the flood zone. This is the one they are interested in. The agent who has the listing is in Kona and does not know much about it. We are all on the main land at the present and we are just trying to see if it is worth a trip up to look at it.
The pics on the Hawaii info are not they way it really looks now...the agent put pics on line from when the people lived there and had it for sale!!
Mahalo for your words of wisdom!
Lavalinda
Yes, that house is around the corner from us. It originally was all 3 lots for sale in 2005 (??) for about $899K. Both the vacant lots sold and people are building. We were just talking about that house this AM. Do you want some pics? Just email me and I can take some. I also think emailing Jessica at Aloha Coast who was in there yesterday looking at it with someone - she will have seen the inside - (I would just have to peek in the windows! [
]. )I also suggest you look up the TMK and see last sale price, and permits on the COH website.
Note:
Just for full disclosure: we have one listed MLS 235872. I am happy to see the area moving so other sales are good!
RE: kapoho Vacationland - jdirgo - 06-27-2010
Its a great location within easy walking distance to the tidepools. I do wonder what the house looks like now that its been foreclosed on. It used to be a very pretty place.
(full disclosure: I used to own a lot very near that house and I still own a lot around the corner from it)
John Dirgo, R, BIC, EcoBroker, ABR, e-PRO
Aloha Coast Realty, LLC
808-987-9243 cell
http://www.alohacoastrealty.com
RE: kapoho Vacationland - John S. Rabi - 06-27-2010
quote:I hope your friends have a VERY good agent representing them! Financial institutions are exempt from disclosures in Hawaii and while the agent listing the property and representing the bank should make all the effort to find out things that are required and options to indicate in MLS, most agents do not bother with such "minor" things
][][]Aloha,
John S. Rabi, GM,PB,ABR,CRB,CM,FHS
888.819.9669
johnrabi@johnrabi.com
http://www.JohnRabi.com
Typically Tropical Properties
"The Next Level of Service!"
(This is what I think of the Kona Board of Realtors http://KonaBoardOfRealtors.info)
RE: kapoho Vacationland - Alex - 06-27-2010
quote:Wow!That is scary!
Originally posted by John S. Rabi
most agents do not bother with such "minor" things!
RE: kapoho Vacationland - DanielP - 06-27-2010
Lavalinda, Alex,
It would be most improbable that the listing agent in Kona would know ANYTHING about a foreclosure property in Kapoho. That is not practical nor realistic. I think that the buyer would be wise to use a buyers agent or at least a local agent to represent them, rather than dealing with the listing agent.
Either of the Johns above would be a good choice.
Been there, Dan
RE: kapoho Vacationland - lavalinda - 06-27-2010
Many Mahalos for everyone's help!
John...do you know if this home is for sure in the high risk
flood zone? I keep getting different answers.
Lava linda
quote:
Originally posted by jdirgo
Its a great location within easy walking distance to the tidepools. I do wonder what the house looks like now that its been foreclosed on. It used to be a very pretty place.
(full disclosure: I used to own a lot very near that house and I still own a lot around the corner from it)
John Dirgo, R, BIC, EcoBroker, ABR, e-PRO
Aloha Coast Realty, LLC
808-987-9243 cell
http://www.alohacoastrealty.com
RE: kapoho Vacationland - Kapohocat - 06-27-2010
Kapoho Vacationland has some high spots to it (high being relative).
Our current home is at an 11' elevation at grade level - about 600 ft back from ocean. None of the storm surges have affected us back this far. We did get to take the big truck down Waiopae though and it was fairly flooded back to Kapoho Kai corner nearly. The kaheka/waiopae corner only flooded back to a little beyond the white house that is nearly flooded at a normal high tide. The kahonua/waiopae corner was not even close to water. So you can tell the subdivision tilts elevation wise north/south and east/west. With the NNW corner being about the highest part (near Obie's house actually).