Fairway Terrace

68-3831 Lua Kula Street Waikoloa, HI 96738

Introduction to Fairway Terrace

Fairway Terrace offers an exceptional blend of comfort, convenience, and scenic beauty in Waikoloa Village. Built in the 1980s, this condo complex is situated along the 10th fairway of the Waikoloa Village Golf Course while boasting easy access to all that Waikoloa Village has to offer. The units are available in 1-bedroom/1-bath and 2-bedroom/2-bath configurations.

Thanks to a shared photovoltaic system, ownership costs are kept reasonable while still offering luxurious amenities. Residents can enjoy a swimming pool, hot tub, fitness center, clubhouse, and car wash area. Another advantage of Fairway Terrace is its allowance for short-term vacation rentals, with a minimum stay requirement of six days, making it a desirable option for investors seeking rental income.

The orientation of each unit impacts its desirability, with those facing the golf course being the most sought after. Units 1, 2, 5, and 6 benefit from direct access to parking, adding a layer of convenience, but may have views obstructed by the PV system. The complex itself is divided into two entrances, with buildings A-I located closer to the golf course, while buildings L-N are situated further north along Lua Kula street.

While pets are not allowed, service animals can be approved with prior authorization, providing flexibility for residents with specific needs.

Fairway Terrace for Sale

Fairway Terrace Key Details

Price range:
$350,000 - $460,000
Average price / SqFt:
$566
Maintenance fee:
$665 - $985
Pets allowed:
No. Service pets w/ permission.
Short-term vacation rental:
Yes, 6 day minimum
Gated Community
Yes

Complex Details

Maintenance fee inclusions​

Fairway Terrace Featured Amenities

Pool

1

Hot Tub

Fitness Area

BBQs

Club house

Car Wash Area

Fairway Terrace Map & Location

Frequently Asked Questions About Fairway Terrace at Waikoloa Village

Fairway Terrace is a well-maintained gated condominium community located in Waikoloa Village, offering comfortable island living at an accessible price point. Set along the Waikoloa Village Golf Course, the community features a pool, spa, fitness center, BBQ area, and solar panels that help offset electric costs.

Fairway Terrace allows both short-term and long-term rentals, making it a popular choice for investors and buyers looking to offset ownership costs. Its central Waikoloa Village location and resort proximity make it attractive to vacationers and long-term residents alike.

HOA fees at Fairway Terrace generally range from approximately $560 to $890 per month depending on unit size. These fees cover the pool, fitness center, landscaping, solar energy credits, exterior maintenance, and building insurance.

Fairway Terrace units typically range from approximately $350,000 to $475,000 depending on size, floor, views, and condition. It represents one of the more affordable entry points into the Waikoloa market with rental income potential.

Get in touch and we can walk you through available units, current rental performance, and what to review in the condo documents before making an offer.

Get in Touch

Dan Richards | Waikoloa Properties

Dan Richards | RS-83153

(808)724-6854

aloha@waikoloaproperties.com

We’re here to assist with any questions you might have regarding properties at Fairway Terrace for sale or listing your property.

See something you like? We’d love to arrange a private showing at your earliest convenience.

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