Hidden gem in lower Punchbowl

If you work in the Punchbowl area, this newly listed, hidden gem may be just the ticket. Located on the mauka side of Vineyard Boulevard, across from Queen's Hospital, the three-bedroom, two-bath condo in The Rose at Lusitana puts you within walking distance of almost anything downtown.

With 1,326 square feet, it affords spacious living for the professional couple with children or, possibly, if you've got an amicable relationship – an in-law. Built in 1982, the 15-unit building has an owner/occupancy ratio of 80 percent – almost unheard of.

The large living/dining areas have laminate flooring and an office/library nook just off to the side, great for a computer setup or for shelving all those hardbacks you've been hoarding for years.

The kitchen features a typical pass-through counter, along with a unique touch: Koa wood cabinetry.

The owner, who originally bought the place to live with his ailing father, replaced all the carpeting in the bedrooms last year. Recent renovations to both bathrooms mean you shouldn't have to worry about stretching your budget for fix-ups anytime soon. The master bath even has a sit-down vanity area to get ready for your close-up.

Although this is a corner "penthouse" unit, those with vertigo need not worry as this is a low-rise building with three floors. Unlike most buildings of this type, there is a keyed elevator, and the entire property is also enclosed with a fence and keyed gates for added security, in addition to a fairly thorough CCTV system.

As expected, the condo comes with two covered stalls, an in-unit washer/dryer and new window air conditioners in the bedrooms. Monthly fees, on par with units of this size, include water/sewer and basic cable and one bonus: Oceanic Roadrunner Internet.

The condo will be opening for viewing Sunday. (Click here for details and watch a video tour here.)

Money talk: $520,000 fee simple
Contact: Khai Tran, Coldwell Banker Pacific Properties, 808-392-8822, Khai@cbpacific.com
MLS#: 1204212

Posted on Monday, April 23, 2012 in Permalink