Pali Ke Kua Iii #236, Princeville, 96722

Condo - Inside Unit, Multi-Story For Sale in PRINCEVILLE

$339,000

2Beds
2Baths
1,135Sqft
1974Built
295DOM
MLS® #: 648413
Active, 295 Days on Market

Leasehold property. Beautiful Ocean and Golf course view Condo at Pali Ke Kua, Princeville, Kauai! Pali Ke Kua #236 is a 2BR/2BR top floor unit with great views and tropical breezes facing north-east! Drink a cup of coffee in the morning sun on the covered lanai and watch the humpback whales frolic in the blue Pacific, enjoy a Mai Tai and a delicious outdoor BBQ in the cool evenings. Pali Ke Kua is a popular vacation rental destination, and this unit has been used as a short-term rental for many years managed by Kauai Vacation Rentals. The condo makes a great second home on Kauai and is sold fully furnished. On-site amenities include a hot tub and swimming pool area, a private paved path to a sandy cove below, a dinner restaurant called Hideaways Pizza Pub, and mature tropical landscaping throughout. A short stroll down the road takes you to the #1 Hotel Hanalei Bay which is scheduled to reopen in spring of 2022. The Makai Tennis and Golf Facility is located a few minutes up the road. Walking and bike-riding trails throughout the Princeville Resort Community lead all the way up to the Princeville Shopping Center. This property is in Leasehold ownership (you don’t own the proportionate land that belongs to this unit) and the lease rent terms are as follows: • Current lease rent until 2025: $1,483.42 per month ($8,900.52 paid two times per year, total lease rent $17,801.04) • Next lease renegotiation: 2025 (for another 10-year term) • Lease expiration: 2040 (surrender clause applies, currently the leased fee interest is not for sale) • Lessor: Medusky & Co. Inc. Honolulu

Price & Status History

Date Details
Status Changed from Contingent to Active
Status Changed from Active to Contingent

Essential Information

MLS® #: 648413
Price: $339,000
Bedrooms: 2
Bathrooms: 2.00
Full Baths: 2
Square Footage: 1,135
Acres: 0.00
Year Built: 1974
Type: Condo
Sub-Type: Inside Unit, Multi-Story
Status: Active
Property Taxes: 6,592

Community Information

Address: Pali Ke Kua Iii #236
Subdivision: PRINCEVILLE
Project: PALI KE KUA III
City: Princeville
State: Hawaii
Zip Code: 96722

Amenities

Features: Ceiling-Vaulted, Smoke/Heat Detector
Parking: Unassigned
View: Coastline, Garden, Golf Course, Ocean, Sunset, Sunrise
Is Waterfront: Yes
Oceanfront Parcel: Yes

Interior

Appliances: Disposal, Dishwasher, Microwave Hood, Refrigerator, Range/Oven

Exterior

Exterior: Wood
Foundation: Concrete

Additional Information

Listing Office: Corcoran Pacific Properties
Date Listed: April 2nd, 2021
Days on Market: 295
Zoning: R-10
HOA Fees: 850.00

Financials

$/SqFt: $299

IDX is deemed reliable but is not guaranteed accurate by the Hawaii Information Service, Inc. Listing Service. © 2022 Hawaii Information Service. All Rights Reserved.

Listing information last updated on January 22nd, 2022 at 11:37am CST.