Just Listed – Princeville Paniolo Bank-Owned (REO) Condo For Sale

Are you looking for a great buy on a bank-owned (REO) property in Princeville? I just listed this first floor end condominium (MLS# 251048). It offers views out to a tree-lined path to Anini Beach and beyond to the Prince Golf Course.

This unit has 1,058 square feet with one bedroom and 2 bathrooms. This is a great floor plan that gives you lots of flexibility. Start with a large entry, then on one side you have a kitchen, dining and living area, and bathroom. On the other side is a bedroom/sitting area with a full bathroom. You can live in the entire condo, or live in one side and rent the other, or rent out each side separately. This unit has two lanais, tiled floors throughout, and the bathrooms have been remodelled. The condominium needs work, but is being offered for $134,900. 

Paniolo at Princeville

Princeville Paniolo is a small condominium complex of 26 units (11 buildings) located in Princeville, Kauai that were built in 1979. The last 2 sales (in 2011) at Princeville Paniolo sold for $285,000 and $400,000.

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3 Responses to “Just Listed – Princeville Paniolo Bank-Owned (REO) Condo For Sale”

  1. Marisa Kagan
    January 14, 2012 at 7:21 pm #

    Sounds like a real bargain!

  2. Tara Kelly
    January 22, 2012 at 8:57 am #

    Carol, what an awesome deal! I use to live in this complex in 2001 and loved every minute of it. Being so close to the library, restaurants, grocery store, Princeville Fitness club and now the St. Regis. What a score at this price. I am preparing my offer today.

    • JonesLand1@hotmail.com
      January 28, 2013 at 10:31 am #

      I guess I got lucky, because it is now mine. A very good value, a bit of fix-up has been needed. The location is awesome for a single guy like me. All in all, I am loving it so far.
      Thanks to all involved.

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