43 Linden Lane, Breckenridge, Colorado - SOLD

DESCRIPTION:

The Waikoloa Beach Villas are strategically located on the sunny Kohala Coast, on the West (or Kona) side of Hawaii's Big Island, a short 25 minute drive from Kona International Airport, and situated in the cultural heart of the island with pristine beaches, breathtaking tropical gardens, abundant wildlife, award-winning dining, world-class golfing, shopping, art and culture, and an array of activities and special events. Weather at Waikoloa is nearly perfect for golf, and just about every other activity (except snow boarding or skiing!). Most days are blessed by abundant sunshine, comfortable temperatures, gentle trade winds, and bright blue sky.

There is so much to do and see on the Big Island of Hawaii. Experience the desert like lava plains along the Kona coast and the rainiest city in America, Hilo. Go from sea level to the world's tallest mountain, Mauna Kea (13,796 when measured from sea level, 33,500 from the ocean floor), cruise through green rainforest or black lava rock. Watch whales, swim with dolphins, try one of the many ocean adventures that await you including snorkeling, snuba, surfing, body boarding, sailing, kayaking, fishing, windsurfing or kite surfing. Attend one of the islands special events including the Ironman Triathlon, the Annual Kona Chocolate Festival, or the Kona Coffee Cultural Festival. Explore Volcanoes National Park and its steamy craters, misty lava caves, acres of exploration, volcano-inspired arts, and the amazing creation of new land where living lava pours into the sea.

A Golfer's Paradise
Waikoloa is home to 2 world-class championship golf courses, the Waikaloa Kings Golf Course and the Waikaloa Beach Golf Course. The Waikoloa Beach Villas are located adjacent to the Waikoloa Beach Course which winds its way through ancient lava fields along the breathtaking Kohala coastline. The classic Robert Trent Jones Jr. design was literally carved from the lava flow along the picturesque Anaehoomalu Bay. Immaculate greens are well-guarded by numerous white sand bunkers and strategically placed water features. Par 70, 6566 yards, Slope: 134, Rating 71.6

Kings' Shops
The Big Island's most exciting collection of shopping, dining and services can be found at Kings Shops. Visitors and residents enjoy one-stop shopping that includes everything from high-end boutiques and one-of-a-kind jewelry to art galleries and activity centers to designer wear and spectacular gifts. Kings Shops is also home to an array of dining options, from award-winning Pacific Rim cuisine to on-the-go snacks. The 75,000-square-foot shopping, dining and entertainment complex also features a number of hands-on Hawaiian cultural activities throughout the week, combining culture, education and entertainment. Waikoloa's Kings Shops is also home to several special events throughout the year in fact, many visitors plan their vacations around these fun-filled events that include the annual Great Waikoloa Ukulele Festival, Great Waikoloa Rubber Duckie Race & 4th of July Extravaganza, Aloha Festivals, and Passport to International Cultures.

*Waikoloa Queens' MarketPlace, 135,000 square feet of upscale retail, restaurants and services. The 20,000 square foot gourmet grocery store will be Hawaii Island's first taste of what the mainlanders and international visitors expect. There will be an entertainment coronation pavilion set amongst the common area where local keiki halau and kupuna alike will show their graceful moves while shoppers and diners meander through the unique boutiques and name brand retailers.

*Waikoloa Cultural Gardens, where the story of Hawaii's melting pot is told through a meandering trail of lush landscaping and treasures of the cultures.....the diverse ethnic groups that immigrated to Hawaii hundreds of years ago.....their stories of why Hawaii was so appealing. Their contributions to Hawaii's food, music, traditions and much much more........

*Waikoloa Performance Garden, where entertainers will dazzle audiences for years to come. From famed entertainers to Hawaii's own, the stage will light up with song and dance............whether it is a concert for Island residents or a hotel incentive group gig, the 4,000 person Performance Garden will showcase why Hawaii is the host culture of this magnificent botanical Garden. An International Hula Festival choreographed by Nani Lim-Yap will bring over 3,000 hula dancers from Japan, competing against Merrie Monarch winners and qualifying halau from the mainland.........the magic is sure to shine brightly over the mystic Hawaiian skies.

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AMENITIES

The Waikoloa Beach Villas overlook the breathtaking Waikoloa Beach Golf Course, and are steps away from recreation, shopping, and resort amenities.

Our property is described as the Waikoloa Beach Villa, Unit P22, Kai Nalu Floorplan, with 2 bedrooms/2 bathrooms/1209 sq ft, plus 203 Sq Ft Lanai, 214 sq ft garage, and golf course views.

Here are some highlights of the exceptional features of our Waikoloa Beach Villa:

• Private, gated community
• Contemporary Hawaiian plantation-style design w/split pitch roof and exposed rafters
• Golf course views
• Resort style pools, whirlpool spas, barbecue pavilion, fitness center
• Garage and reserved parking
• Barbecue and Wet Bar on large 203 sq ft Lanai,
• New technology home, pre-wired for high-speed internet access, CAT 5/RG6
• Nine foot ceilings and vaulted rooms per plan
• Designer blinds, upgraded carpet and tile throughout, ceiling fan,
• Granite kitchen counter tops, custom cabinets and hardware
• Deluxe GE Profile appliance package
• Oversized soaking tub and tile shower in Master Bath
• Beautiful Decor with luxurious furnishings and amenities

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DETAILS:

The property is currently in the process of construction with estimated completion occurring October 2007.

The Waikoloa property consists of six (6) equal shares of ownership (16.66% ownership). Each owner is entitled to 60 nights of use per year. The detailed procedure for choosing time is found in the Tenant in Common Operating Agreement. Each owner may use the property, invite guests, or if they cannot use their time may opt to put their time into the Rental Pool for sharing of time and rental income with other owners, or may choose to rent out their time on their own, subject to the Operating Agreement.

Each owner holds their percentage of title as a Tenant in Common with the other owners. Each owner will hold title insurance to ensure that ownership rights remain fully protected, and will have a robust Operating Agreement in place to ensure investment security and preservation, management of the property, rules for use of the property, as well as entrance and exit strategies.

A Reservation Agreement and refundable cash deposit of five thousand dollars (US$5000) establishes the purchase price and initial time use selection priority for each prospective partner. A 30-day escrow period will be opened upon receipt of the deposit check and reservation agreement. The deposit check will be held by a professional escrow company and is refundable through the end of the 30-day due diligence period for review and approval of the governing documents. At the end of the 30-day due diligence period, the deposit becomes non-refundable. The balance of the purchase price will be due and payable in cash at the end of the 30-day escrow period.

The price is estimated at approximately $175,000 (One-Hundred Seventy-Five Thousand U.S. Dollars) per share for each 1/6 (16.66%) interest. There is also an estimated budgeted monthly assessment of $300 for operating expenses. Actual monthly expenses may vary. Peak Partnerships, LLC, maintains the right to change the price or terms at any time prior to share purchase.

The monthly assessment for operating expenses includes, but is not limited to: maintenance and repair, company management, property mgmt services, insurance, taxes, legal and accounting fees, homeowner's association dues, electricity, gas, telephone, water, cable, cleaning, pool and landscape maintenance, pest control, security system, establishing a reasonable reserve, and other items of common expense necessary or convenient to the ongoing preservation and maintenance of the Property anticipated by the Owners for the ensuing calendar year.

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GALLERY (click on photo or link for enlargement)

Development Photo	Sitemap
Location	Floorplan
Elevation Example	Barbecue on Lanai

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