PALI KE KUA III

$475,000

  • VIRTUAL TOUR MLS® #: 701351 Monthly Maintenance Fees $850
  • 5280 Ka Haku Rd 236
  • Hanalei, Hawaii 96722

PALI KE KUA III

$475,000

  • VIRTUAL TOUR MLS® #: 701351 Monthly Maintenance Fees $850
  • 5280 Ka Haku Rd 236
  • Hanalei, Hawaii 96722
2 Beds
2 Baths
1,135 Sqft
$ Monthly
Condominium
  • Monthly Maintenance Fees $850
  • Overview 2 Beds, 2 Bath, 1135 SQ. Feet
  • Listing Type Condo / Townhouse
  • Office: Corcoran Pacific Properties

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

Essential Information

MLS® #701351
Price$475,000
Bedrooms2
Bathrooms2.00
Full Baths2
Square Footage1,135
Acres0.00
Year Built1974
TypeCondo / Townhouse
Land TenureLeasehold
StatusActive
Assesed Value$1,031,500

Community Information

Address5280 Ka Haku Rd 236
SubdivisionPRINCEVILLE
Building NamePALI KE KUA III
StateHawaii
Zip Code96722

Amenities

ParkingUnassigned
Has PoolYes
Floor CoveringCarpet
Washer / DryerDryer, Front Load, Washer

View

Coastline, Garden, Golf Course, Ocean, Sunrise, Sunset

Interior

Appliances

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

Exterior

ExteriorWood
RoofComposition
FoundationConcrete
FrontageAlmost Oceanfront, Golf Course

Additional Information

Date ListedJanuary 12th, 2023
Days on Market19
ZoningR-10
Monthly Maintenance Fees850.00
Description Land TenureLeasehold

Listing Details

OfficeCorcoran Pacific Properties

PALI KE KUA III Map

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Quick Details

This condominium is located at 5280 Ka Haku Rd 236, , it is currently priced $475,000 . This Condo / Townhouse has 2 Bedrooms and 2.00 Bathrooms, totaling 1135 Square feet. Built in 1974, this Condo / Townhouse is Active. Represented by Ruth Marvin of Corcoran Pacific Properties, our team of Realtors can represent you at no additional cost.

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Listing information last updated on January 31st, 2023 at 10:55am HST.