Sounds like a trick question, right? But it’s real, for sure. Unit #106 at 4999 Kahala Avenue recently sold for just $35,000… and in less than two weeks.
Of course, there’s more to the story: it’s a leasehold property, and the lease expires in just under 2 years. But if you’re thinking short-term use or high-end rental potential, this one made people look twice.
At a glance:
Sale Price: $35,000
Lease Rent: $2,565/month
Maintenance Fee: $1,371/month (includes utilities, security, pool, gym, etc.)
Property Tax: ~$300/month
Still, for someone wanting a beachfront escape right next to Waialae Country Club and Kahala Hotel without the long-term commitment, it made perfect sense. Not bad for a piece of Kahala on your terms. It’s a good reminder: not every opportunity may look how we expect.
If you’ve been wondering whether there’s a property that fits your unique goals or budget, even something outside the box—let’s talk. You might be surprised what’s out there.