Under contract

Contingent

5380 HONOIKI RD N22

PRINCEVILLE HI, 96722

$899,000


$1,036.91 per sqft

Under contract

Contingent

1 Bed

2 Baths

867 sqft

Condo

Built in 1975

Hanalei Bay Resort Units #1513 and #1514. Here is a unique opportunity for the savvy investor. This offering consists of two separate side-by-side studio rooms each with a private entrance, ensuite bath, and private lanai. This flexible floor plan grants the capability of multiple rental options:

Rent Each Unit Out Individually
Use one of the units as your private unit, and rent the other unit for added rental income
Rent the unit as a whole with a two-room layout.

Unit #1514 features a nicely sized studio with a sleeping and sitting area, a full kitchen, and laundry facilities. Unit #1513 is a studio with a private bath and beverage and coffee nook. Each unit has a private lanai with a mountain and waterfall view and is offered old fully furnished and turn-key.

Hanalei Bay Resort is situated on 22 acres of lush landscaping overlooking the horizon of the world-famous Hanalei Bay. This resort is one of the few properties in Princeville with direct access to the beach via a paved path. Amenities include multiple pools with waterfall features, hot tubs, tennis courts, and new pickle ball courts. In addition, there are two onsite dining options including the Happy Talk Lounge where you will find live music and your drink of choice.

Have peace of mind for your rental business with the ease of check-in for your guest who will have access to the front desk and onsite concierge services. The ability to own our unit within Hanalei Bay Resort with the amenities and support of a resort is an added feature not to be overlooked.

Maintenance fees are ALL INCLUSIVE covering the costs associated with extensive resort amenities, grounds maintenance, exterior insurance, and ALL utilities (electric, water, sewer, cable, phone, and internet)

Discover the value of ownership at Hanalei Bay Resort with world class views of Hanalei Bay and direct beach access from the resort.

708505

MLS ID

March 4, 2024

Listed

August 30, 2024

Updated

Map

5380 HONOIKI RD N22
PRINCEVILLE HI, 96722

Interior Features

Bedrooms

1


Total Bathrooms

2


Full Bathrooms

2


Interior Features

Wet Bar, Bookcases, Elevator


Appliances

Microwave


Floor Description

Laminate


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Exterior Features

Barbecue, Tennis Court(s)


Lot Features

Cleared, Corner Lot, Cul-De-Sac, Level, Sloped

Other Property Details

Area Name

Hanalei


Taxes

$7,315


Tax Frequency

Annually


Days on Market

163


Association Fee

$2,711


Garage

No


View

Yes


View Description

Bay, Mountain(s), Ocean


County

Kauai


Pool

Yes


Pool Features

Outdoor Pool, Heated, In Ground


Zoning

RR-10

Listing History

Date

Event

Price

8/23/2024

Under contract

8/19/2024

Price change

$899,000

-11%

5/15/2024

Price change

$999,000

-5%

4/12/2024

Price change

$1,050,000

-9%

3/14/2024

Active

 

Courtesy of Hawaii Life, Amy Frazier

Listing Contact:  

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