All square footage, bedroom, and bathroom counts are a summation of the primary residence and ohana for all single family properties.
1 Ritz Carlton Dr 1614 1616 is a $2,250,000, 1,333 square foot, 2 bedroom, 2.0 bath home on a 28.04 acre lot located in Lahaina, HI.
Ritz Carlton Residence 1614-1616 is a two bedroom two 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.
|Above Grade Sqft||1,333|
Other Features - Exercise Room
Central A/C House - Yes
Waterfront - BeachFront
Pool - Pool - Yes
Pool - In-Ground
Other Features - Spa/Hot Tub
Ohana Utilities To Site - Underground Electric
State Zoning - Urban
County Zoning - H-1 Hotel District
Ohana Utilities To Site - Private Water
|Condo Building Name|
the ritz carlton residences
The Ritz Carlton Residenc
|Property Sub Type|
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, 1995-2015, REALTORS© Association of Maui, Inc. All Rights Reserved. Information last updated 06/15/2019 at 11:31pm MDT.