5280 Ka Haku Road, Unit 236
5280 Ka Haku Road, Unit 236
Princeville, HI 96722
$425,000
Last Sold Price
2
Beds
2
Baths
1,135 Sq. Ft.
$374 / Sq. Ft.
1,135
Sq. Ft.
$374
per Sq. Ft.
Sold 3/31/23
Sold 3/31/23
Description
Leasehold Property. Lease Terms outlined below. Beautifully renovated Ocean and Golf Course view Condo at Pali Ke Kua, Princeville, Kauai! Pali Ke Kua #236 is a 2BR/2BA 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 BBQ in the cool evenings. Pali Ke Kua is a popular vacation rental destination, and this unit has been used...Leasehold Property. Lease Terms outlined below. Beautifully renovated Ocean and Golf Course view Condo at Pali Ke Kua, Princeville, Kauai! Pali Ke Kua #236 is a 2BR/2BA 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 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, a private paved path to a sandy cove below, and walking paths through mature tropical landscaping. Enjoy dinner from the on-site Hideaway's Pizza Pub or take a short stroll down the road to 1 Hotel Hanalei Bay which is scheduled to open in spring of 2023. 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. The property is in Leasehold ownership (you don’t own the proportionate land that belongs to this unit). The lease terms are as follows: • Current lease rent until 9/2025: $1,483.42 per month (semi-annual payment of $8,900.52 including Hawaii State GET, total lease rent $17,801.04 per year) • Next lease renegotiations: 9/2025 and 9/2035 • Lease expiration: 9/2040 (surrender clause applies, currently the leased fee interest is not for sale) • Lessor: Medusky & Co. Inc. Honolulu
- Listed by Ruth Marvin • License #RB-17731 • Corcoran Pacific Properties
Property Details for 5280 Ka Haku Road, Unit 236
Subdivision
PRINCEVILLE
ZoningR-10
ViewCoastline, Garden, Golf Course, Ocean, Sunrise, Sunset
Land TenureLeasehold
Location
Listing Courtesy of Corcoran Pacific Properties, Ruth Marvin, License #RB-17731
Sold By eXp Realty, Malia Powers, License #RS-52385
Add your commute
LISTING UPDATED: 07/03/2023 04:29 PM
Property Details for 5280 Ka Haku Road, Unit 236
| Status | Sold |
|---|---|
| MLS # | 701351 |
| Days on Market | 34 |
| Taxes | $9,136 / year |
| HOA Fees | $850 / month |
| Condo/Co-op Fees | - |
| Compass Type | Condo |
| MLS Type | Condo / Attached |
| Year Built | 1974 |
| County | Kauai County |
Location
Listing Courtesy of Corcoran Pacific Properties, Ruth Marvin, License #RB-17731
Sold By eXp Realty, Malia Powers, License #RS-52385
Add your commute
Building Information for 5280 Ka Haku Road, Unit 236
Building/Complex5280 Ka Haku RdFloor2Stories-Residences-Pet Policy-Year Built1974
Payment Calculator
$3,931 per month
30 year fixed, 7.25% Interest
Principal and Interest
$2,319
Property Taxes
$761
HOA Dues
$850
The Payment Calculator is for illustrative purposes only.
Property Information for 5280 Ka Haku Road, Unit 236
Summary
Location and General Information
- Latitude: 22.22475275
- Location: PALI KE KUA III #236
- Longitude: -159.48969105
- Oceanfront Parcel: N
- Street: KA HAKU RD
- Street Address Full: 5280 KA HAKU RD #236 PRINCEVILLE HI 96722
- Street Number: 5280
- City: PRINCEVILLE
- District: Hanalei
- Zip Code: 96722
Taxes and HOA Information
- Fee Available: No
- Fees-Association (Monthly): $0
- Fees-Association (Yearly): $0
- Exempt Amount: $0
- Tax Year: 2022
- Taxes (Annual): $9,135.88
- Taxkey: 4-5-4-12-9-26
- Taxkey9: 454012009
Parking
- Garage Area (Total): 0.0
- Carport Area (Total): 0.0
- Carport Spaces (Total): 0.0
- Vehicle Storage/Parking: Unassigned
Virtual Tour
- Tours: 1
Property
Lot Information
- Roads: Private
- Roofed Areas (Total): 0.0
- Year Built Maximum: 1974
- Year Built Minimum: 1974
- Exterior Area (Total): 0.0
- Interior Area (Total): 1135.0
- Land Area: 0.0
- Other Square Footage (Total): 106.0
- Frontage: Almost Oceanfront, Golf Course
- Flood Zone: X
Property and Assessments
- Special Assessment: Yes
- Special Assessment Amount (Monthly): $400
- Disclosure Form: Yes
- Assessed Value: $1,031,500
- Assessment Year: 2023
- Project: PALI KE KUA III
- Property Type: Condo
- Public Report Number: 607
- Photos: 2
Utilities
- Power: Underground
- Wastewater: Sewer-Connected
- Water: Private
- Solid Waste Disposal (Trash): Included with Maintenance Fees
Interior and Exterior Features
Exterior Features
- Pool: Y
- Pool Type: Shared
Interior Features
- Window Coverings: Curtains
- Washer/Dryer: Dryer, Front Load, Washer
- TV Availability: Cable
- Telephone Availability: Cable, Cell, Land Line
- Stories Number Maximum: 0
- Stories Number Minimum: 0
- Appliances: Disposal, Dishwasher, Microwave Hood, Refrigerator, Range/Oven
- Bathrooms (Total): 2
- Baths 1/2 (Total): 0
- Baths 1/4 (Total): 0
- Baths 3/4 (Total): 0
- Baths Full (Total): 2
- Bedrooms (Total): 2
- Floor Covering: Carpet
- Internet Availability: Cable
Multi Family
Multi-Family Information
- Bldg Units: 236
- # of Units (Total): 0
Agent
Sale and Listing
- Sold Terms: CASH
- Ownership: CPR
- Price Direction: -
- Media Changed: 07-04-2023
- Terms Acceptable: 1031 Exchange, Cash
- Leasehold Expires When: 9/17/2040
- Listor Name: Ruth S. Marvin
- Days on Market: 34
- First Photo Sequence: 1
- Subtype of Listing: Attached
- Remarks - Public: Leasehold Property. Lease Terms outlined below.<br><br>Beautifully renovated Ocean and Golf Course view Condo at Pali Ke Kua, Princeville, Kauai! <br>Pali Ke Kua #236 is a 2BR/2BA 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 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, a private paved path to a sandy cove below, and walking paths through mature tropical landscaping. Enjoy dinner from the on-site Hideaway's Pizza Pub or take a short stroll down the road to 1 Hotel Hanalei Bay which is scheduled to open in spring of 2023. 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.<br><br>The property is in Leasehold ownership (you don’t own the proportionate land that belongs to this unit). The lease terms are as follows:<br>• Current lease rent until 9/2025: $1,483.42 per month (semi-annual payment of $8,900.52 including Hawaii State GET, total lease rent $17,801.04 per year)<br>• Next lease renegotiations: 9/2025 and 9/2035<br>• Lease expiration: 9/2040 (surrender clause applies, currently the leased fee interest is not for sale)<br>• Lessor: Medusky & Co. Inc. Honolulu<br>
- Sale Type: Standard Sale
- DZS: 454
Showing and Remarks
- Showing Instructions: Call Listor
Property History for 5280 Ka Haku Road, Unit 236
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 5280 Ka Haku Road, Unit 236
Taxable ValueLand-Additions-Total-
Tax Record2023$10,160 ($847 / month)
Home Facts
Beds2Baths2Total Finished SqFt1,135 SqFtAbove Grade Finished SqFt1,135 SqFtStories1StyleCondominiumYear Built1974Year Renovated1989Zoning21CountyKAUAIAPN4-5-4-012-009-0026
Schools near 5280 Ka Haku Road, Unit 236
This home is within Hawaii Department Of Education.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 6 | |||
| Charter - | K to 12 | |||
| Public - | 9 to 12 | |||
| Charter - | K to 12 |
Rating | School | Distance |
|---|---|---|
Hanalei Elementary School PublicPK to 6 | ||
Kanuikapono Learning Center CharterK to 12 | ||
Kapaa High School Public9 to 12 | ||
Kawaikini Public Charter School CharterK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Corcoran Pacific Properties, Ruth Marvin, License #RB-17731