Fairway Terrace

$359,000

NEW MLS® #: 729788 Monthly Maintenance Fees $652
68-3831 Lua Kula St E203
South Kohala, HI 96738

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Fairway Terrace

$359,000

NEW MLS® #: 729788 Monthly Maintenance Fees $652
68-3831 Lua Kula St E203
South Kohala, HI 96738

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1 Beds

1 Baths

492 Sqft

$ Monthly

Condominium

HOA Fees Freq. Monthly
Monthly Maintenance Fees $652
Overview 1 Bed, 1 Bath, 492 SQ. Feet
Listing Type Condo / Townhouse
Office: Kona Pacific Realty

Inside, modern updates create a clean, comfortable retreat. New engineered hardwood flooring brings warmth and durability, while sleek stone countertops add a refined finish and everyday functionality. The layout lives bright and open, ideal for relaxed living, hosting friends after a beach day, or simply settling into the slower rhythm Hawaiʻi is known for. Fairway Terrace is a gated community with resort-style amenities and thoughtful eco-friendly features. Solar power helps significantly reduce electric costs, offering both sustainability and savings. Whether you’re looking for a full-time home, a part-time getaway, or an investment opportunity, this community offers valuable flexibility: vacation rentals are allowed with a 7-day minimum stay. Conveniently located just minutes from shopping, dining, and the Kohala Coast’s world-class beaches, this condo is an ideal home base for golf, ocean days, and island adventures—while still offering the comfort of a low-maintenance, lock-and-leave lifestyle. Own your place in Waikoloa Village and enjoy the lifestyle that makes Hawaiʻi unforgettable.

Listing Information
Public Information

MLS® #729788

Price$359,000

Bedrooms1

Bathrooms1.00

Full Baths1

Square Footage492

Acres0.00

Year Built1989

TypeCondo / Townhouse

Sub-TypeCondominium

Land TenureFee Simple

StatusActive

Assesed Value$199,900

Address68-3831 Lua Kula St E203

SubdivisionWAIKOLOA VILLAGE

Building NameFairway Terrace

CitySouth Kohala

StateHI

Zip Code96738

ParkingCovered, Deeded

ViewForest, Golf Course

Floor CoveringOther

AppliancesRange, Refrigerator

Lot DescriptionGrassy

FrontageGolf Course

Date ListedApril 22nd, 2026

ZoningRM-1.5

HOA Fees Freq.Monthly

Monthly Maintenance Fees652.34

Description Land TenureFee Simple

OfficeKona Pacific Realty

$ month

Quick Details

This condominium is located at 68-3831 Lua Kula St E203, , it is currently priced $359,000 . This Condo / Townhouse has 1 Bedrooms and 1.00 Bathrooms, totaling 492 Square feet. Built in 1989, this Condo / Townhouse is Active. Represented by Kit R Carver of Kona Pacific Realty, Contact Number 8088950757.

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Paniolo Club unit #224 is a freshly painted, second-floor, 2-bedroom, 2-bath unit offering beautiful golf course views, an open layout, and high vaulted ceilings. It’s one of the few two-bedroom, two-bath condos currently available in Waikoloa Village, making it a great opportunity whether you’re looking for a primary residence, second home, or investment property, with the option to convert to a short-term vacation rental. The spacious lanai overlooks the golf course and provides wonderful additional living space to relax and unwind. Inside, the unit has been freshly painted and features brand-new appliances, including a washer and dryer, along with durable vinyl flooring throughout. The location is both central and convenient, within walking distance to Johnny’s Restaurant, the Waikoloa Village Shopping Center, and other nearby amenities. The unit includes an assigned parking stall, plus ample guest parking for visitors. Owners also enjoy access to community amenities including a pool, tennis and pickleball courts, and discounted rates at the Waikoloa Village Golf Course.

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*Priced to SELL!* *Lowest price unit in the complex by $70K Wake up to fairway views and sunset skies from the sleek ground-floor golf course studio. This fully licensed short-term vacation rental (STVR) offers a rare combination of resort living, meets effortless low-maintenance island style with income potential. Tee up your best life! Thoughtfully designed and decorated with open concept and living. Lock and leave convenience makes this the ultimate turnkey retreat for golfers, snowbirds or anyone craving a low maintenance slice of Paradise resort living. Island style finishes throughout, custom cabinetry, partial air conditioning, stack washer and dryer in unit. Enclosed lanai that adds extra living space with lava rock decor and extra comfy swinging love seat. Currently operating as a short term vacation rental, this turnkey resort style property with solid booking history and excellent guest reviews. Guests and owners all have access to Waikoloa Village amenities including a pool, tennis courts, pickleball, discounted golf, restaurants and a mobile library. All just minutes from the island’s top beaches, shopping, restaurants and world-class resorts. *Licensed short-term vacation rental *Golf course frontage with sunset views *Enclosed lanai with lava rock details and swing *Washer/dryer in unit *Short drive to Mauna Lani, Hapuna Beach, and Waikoloa Beach Resort

WAIKOLOA VILLAGE CONDOMINIUMS 68-1761 Waikoloa Village B4-bs2, South Kohala

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HomeSmart Island Homes

New Listing

Virtual Tour

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.

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$430,000 - 2 Beds, 2.00 Baths, 785 Sf

MLS® # 729410

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Listing information last updated on May 11th, 2026 at 8:10am HST.

Fairway Terrace

$359,000

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Fairway Terrace

$359,000

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Fairway Terrace 68-3831 Lua Kula St L208, South Kohala

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