Cribline Thanksgiving Special (Cont.) – Winner of HGTV’s Ultimate House Hunt Large 3 Bedroom 2 Bath, Perfect Kauai Retreat
Check out this FIRST PLACE WINNER of HGTV’s ULTIMATE HOUSE HUNT 2015 – Best Glass House in the US!
This 3 bedroom 2 bath estate is nestled behind private gates. It features quality finishes, fine craftsmanship, and stunning ocean views. There is an open floor plan, high ceilings, lots of natural light, and a designer kitchen with steel appliances and a center island.
This custom home also sits on a beachfront parcel of over 1/2-acre. The large master suite is resort-like with ocean views, an impressive view of the rugged mountains of Haena and the cascading Manoa Falls.
Access to the beach and ocean is directly from the parcel, with the world-famous “Tunnels Lagoon” at your doorstep. There is incredible surfing, snorkeling, beach-combing, kite-surfing, and diving are all readily accessible.
The contemporary interior include: * 15′ High Vaulted Ceilings with Exposed Beams * Rich Brazilian Cherry Hardwood Floors * A Great Room of Living, Dining, & Kitchen (22′ x48′) * Spa-like Ocean-view Master Bath w/ Over-sized Freestanding Volcanic Tub * Natural Quartzite Countertops in Kitchen & Baths * Teak Custom Cabinets in Driftwood Finish * New Stainless Steel Appliances * Large Walk-in Closet W/ Built-in * Master Bedroom (19′ x 24′) w/ Vaulted Ceiling * Sandstone Fireplace w/ Built-in Teak Book Shelves in Living Room * Brand New Whirlpool High Efficiency Front-Load Washer & Dryer * Floor-to-Ceiling Windows * Gated & Fenced for Privacy * New Kohler Fixtures * Bar w/ Wine Cooler & Pantry * New Light Fixtures, Inside & Out * Contemporary Artemus Fans * New Interior Paint Throughout * New Door Hardware.
It’s on the market for $5,875,000. See how much this would cost per month in the Cribline Math analysis below.
Cribline Math analysis:
With 20 percent down on $5,875,000 of $1,175,000, the mortgage amount would be $4,700,000. At a 4 percent interest rate fixed for 30 years, the gross payment would be $27,335 per month. After tax deductions, the net payment would be about $19,000 per month.
Note: If this home was rented out for $1,000 a night, 20 nights could pay for the mortgage.
Happy vacation house hunting!