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Rare opportunity to purchase a large 3 bedroom Kolea condominium as a short sale. Villa 2E is being sold strictly as is. A new owner can rehabilitate this condominium and enjoy the exclusive community of Kolea at a relatively affordable price. The pictures in this listing are virtually staged and represent what the Villa could look like when furnished and appointed. PRICED TO SELL-over $500K less than the average selling price of the last four Kolea condominium sales in this floor plan. The last short sale of a Kolea condominium occurred in March of 2017.Kolea is the premier property in the Waikoloa Beach Resort, and one of the finest developments on the Kohala Coast of the Big Island of Hawaii. The community is located adjacent to Anaehoomalu Bay, and is the only beach front development in the Resort. Within walking distance is world class shopping, golf, and dining. Entertainment options at the Resort include a luxury movie theater and an outdoor amphitheater which hosts cultural and musical events. The community consists of 126 condominiums and 17 single family lots. All Kolea owners can enjoy the Beach Club, which includes a workout facility, an infinity edge pool, spa, and two guest hales. The guest hales are a unique feature of Kolea. Owners can reserve these two structures for friends and family visits.Villa 2E includes all of the features that combine to make a these condominiums among the finest on the Kohala Coast of the Big Island. Standard features include spacious lanais, steel frame construction with concrete floors, 9' retractable doors leading to the lanais, African mahogany trim, outdoor kitchens on the lanais, African Mahogany trim, and upscale appliances. This 2147 SF, 3 bedroom 3 & 1/2 bath second floor unit boasts 429 SF of lanais, an ocean view, is served by a semi-private elevator, and includes a one car garage.2E is an opportunity as an investment, second home or primary residence. Come live your dreams today!