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Property Description

This is a leasehold property.

Rare opportunity to own an income generating five-star vacation rental right on the ocean bluff! Nestled atop, Pali Ke Kua boast serene ocean views and a paved path right down to the water!

#130 is a beautifully renovated, ground floor unit with views from nearly every room. Enjoy epic sunsets from either of the two private lanais. Modern tropical decor is complete with custom paint, papered accent walls and tasteful furnishings throughout. Open concept living is perfect for gathering with friends or family. The fully equipped kitchen offers stainless steel appliances and plenty of counter space for cooking. Gorgeous ocean views from the dining space. Bonus 'tiki lounge' space off the dining opens to the second lanai. Two spacious bedrooms are comfortable retreats and each feature a private bathroom.

Pali Ke Kua is located in the heart of Princeville, with extensive ground, an onsite restaurant, private pool and hot tub, and paved path down to "Hideaways", Pali Ke Kua beach. Just minutes to shopping, dining, tennis, and golf. A short drive takes you into the nostalgic Hanalei town, the world-renowned Hanalei Bay, and all the north shore has to offer!

#130 is currently an active vacation rental offered fully furnished and turn-key. Brand new, top of the line, washer and dryer, and all new kitchen appliances in 2023.

Lease rent is $28,000 annually, lease expires 2039. This guest favorite earns over $150,000/year, even with the owner occupying approx 6 weeks/year! Homeowners insurance is currently $47/month.

Freshly painted (white) kitchen, guest bedroom, bathroom, doors and all moulding (crown, baseboards, door jams, window frames). New Serta sleeper recliner in living room.

Overview

Property Status
Sold
MLS ID
714186
Property Type
Condo
Year Built
1973

Features & Amenities

Neighborhood
Princeville
View Description
Ocean
Water Source
Public
Utilites
Cable Available, Electricity Available, Sewer Connected, Underground Utilities, Water Available
Pool
In Ground, Pool/Spa Combo
Parking
Unassigned
Appliances
Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Sales Price
$415,000
Real Estate Tax
$17,187/yr
HOA
$1,305/mo
Zoning
R-10

Downloads

5300 KA HAKU RD 130

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for your interest in 5300 KA HAKU RD 130, Princeville, HI 96722

5300 KA HAKU RD 130
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