5372 WEKE RD #2 HANALEI HI 96714
For Sale: fair Deal
Asking Price
$16,500,000
$5,515/sf
$23.6m/ac
Smart Price
$21,555,663
$7,204/sf
$30.8m/ac
Assessed Value
$13,223,300
$4,420/sf
$18.9m/ac
Hanalei Bay front and center multi-family estate! 2 Homes on 2 Lots with 2 separate TMK's, and 2 active Vacation Rental Permits. Double your pleasure and fortune with this incredible opportunity to acquire two of the most iconic and historic Hanalei Bay beach properties.
Main house sits on a 20,577 sq. foot lot and consists of 3 bedrooms and 3 bathrooms, a recreation pavilion, a bbq pavilion, and a standalone laundry pavilion. It has been expertly restored while maintaining the traditional Hawaiian feel and is loaded with old-world character and charm throughout, delivering a true and authentic Kauai experience.
Second house sits on an adjacent and separate 12,067 sq. foot lot and consists of 2 bedrooms and 1 bathroom upstairs. Downstairs you'll find a garage as well as a manager's office with another bathroom. It also boasts views of Hanalei Bay, mountains, waterfalls and was constructed to match the charm and class of the main house.
Hale Ola, meaning "House of Health," was originally built for the first doctor on Kauai's stunning North Shore in the 1920s. This Hanalei Bay oceanfront property is situated on a rolling expanse of lawn next to the world-renowned Pinetree's beach park and famous surf breaks. Incredible sunset views expand from Hanalei Pier to countless waterfalls and majestic mountain ridge-lines known as Hihimanu, Namolokama and Mamalahoa. There are covered lanais throughout both homes to enjoy outdoor living. Both homes serve as active and successful vacation rentals. Future confirmed reservations to be honored.
Offering consists of two TVR-NC licensed homes on two separate lots being sold together. TMKs are 4-5-5-3-8 and 4-5-5-3-39.
The Basics
- Status
- For Sale
- Property Type
- House
- Beds
- 5
- Baths
- 5
- Living Area
- 2,992 sf
- Lot Size
- 0.7 acres
- Days on Market
- 44
- View
- Bay, Coastline, Garden, Mountain, Ocean, Ocean Horizon, Sunset, Waterfall
- Land Tenure
- Fee Simple
Financial
- Tax Assessed Value
- $13,223,300
- Year Assessed
- 2020
- Terms Acceptable
- 1031 Exchange, Cash, Conventional
- Property Taxes
- $10,857/mo
- Parcel #
- 550030080000
Amenities
- Flooring
- Hardwood, Laminate, Slate
- Inclusions
- Blinds, Drapes, Dryer, Washing Machine, Dishwasher, Microwave, Refrigerator, Range/Oven
- Heating/Cooling
- Air Conditioning, Split/Zoned
Land
- Lot Number
- 6
- Land Sqft
- 32,644
- Elevation
- No data
- Latitude
- 22.2030293
- Longitude
- -159.50189216
- Subdivision
- HANALEI
- Topography
- Fairly Level
- Roads
- County
- Zoning
- O - Open Space
- Flood Zone
- X
- Zones beginning with “A” or “V” are high risk. There is at least a 1 in 4 chance of flooding during a 30-year mortgage.
- Zones beginning with “B”, “C” or “X” are moderate-risk flood zones. The risk of flooding is reduced, but not completely removed.
- Zones beginning with “D” have undetermined flood hazards or unstudied areas.
Building
- Property Type
- House
- Unit #
- 2
- Beds
- 5
- Baths
- 5
- Year Built
- 1924
- Waste Water
- Septic
- Water
- Meter Installed
- Power
- Gas
- Trash Disposal
- County-Charge
Parking
- Vehicle Storage
- Unassigned
MLS Data
- MLS #
- 643460
- Listing Agent
- Jacqueline Shockley RS-76726
- Brokerage
- No data
- Source
- Hawaii Information Service
- Listing Date
- 2020-10-13
Other
Contact Agent
Buy through a Nalula Preferred agent for incredible service and a tremendous rebate of roughly $103,125 on the asking price of this property!