5300 Ka Haku Rd 130, Princeville, HI

$415,000

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2

Beds

2

Baths

1,100

Square feet

About 5300 Ka Haku Rd 130

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 décor 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.

Features of 5300 Ka Haku Rd 130

MLS® # 714186
Price $415,000
Bedrooms 2
Bathrooms 2.00
Full Baths 2
Square Footage 1,100
Acres 0.00
Year Built 1973
Type Residential
Sub-Type Condominium
Status Active Under Contract
Property Taxes 17,187
Land Tenure Leasehold

Community Information

Address 5300 Ka Haku Rd 130
Subdivision PRINCEVILLE
Project PALI KE KUA II
City Princeville
State HI
Zip Code 96722

Amenities

Parking Unassigned
View Ocean
Is Waterfront No
Has Pool Yes

Interior

Appliances Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer

Additional Information

Date Listed September 18th, 2024
Days on Market 241
Zoning R-10
Foreclosure No
Short Sale No
HOA Fees 1305
HOA Fees Freq. Monthly

Listing Map

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