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Mahina Surf Unit 122 just got even cheaper, and we're updating our Deal of the Week.
Book your Aloha Vision Quest strategy call → https://bit.ly/aloha-vision-quest
See this listing → https://looksee.it/qkJwx
Back in November, we featured Mahina Surf as a Deal of the Week. Since then, the price on Unit 122 has dropped…again. And again. It's now listed at $498,000 — down from $579,000, and originally listed at $598,000. The current owners paid $750,000 in 2022. That's a quarter-million-dollar loss they're eating.
But here's what you actually need to know before you get excited:
🔹 The Numbers:
• 1 Bed / 1 Bath / 547 sq ft
• Ground-floor oceanfront unit, fully remodeled interior
• HOA: $1,350/month
• Special assessment: ~$800/month through 2034 (exterior renovation — already done, and it looks great)
• Total monthly carrying cost: ~$2,150 before mortgage
🔹 The Context:
Mahina Surf is a boutique 56-unit oceanfront complex. Units rarely hit the open market — only 15 sales since 2019. The highest sale was $870K (2023). Recent comps: $550K, $550K, $515K. This one's under $500K.
🔹 The Catch:
That special assessment isn't optional, and you can't pay it off early. It's a complex-wide loan with the AOAO. Runs until 2034. Also: no in-unit laundry. No AC (wired for it, not installed). And the vacation rental variance means you're in the TVR tax class — no "second home" tax break, even if you never rent it.
🔹 The Upside:
The complex just finished a massive exterior renovation — siding, windows, doors, railings, stairs, landscaping, and electrical. The unit itself is turnkey furnished. And Mahina Surf has a valid vacation rental variance (we verified it with the County).
This isn't for everyone. If that special assessment scares you, fair. But if you can view it as a newly remodeled exterior, this is one of the most aggressively priced oceanfront units on the West Side right now.
🎥 Watch the original Mahina Surf feature:
https://www.youtube.com/watch?v=CLGChjGDQ6o
📌 Want us to walk you through whether this makes sense for YOUR situation?
Book a free Aloha Vision Quest strategy call → https://bit.ly/aloha-vision-quest
Or comment "MAHINA" below and we'll reach out.
🔗 See the full listing, photos, and price history:
https://looksee.it/qkJwx
Mahalo for watching. Not just a transaction. A transformation. 🌺
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