5372 Weke Rd #2 Hanalei HI 96714 - media
5372 Weke Rd #2 Hanalei HI 96714 - photo #0
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5372 Weke Rd #2 Hanalei HI 96714

5 Bd  5 Ba  2,992 sf  0.7 ac

210 days on market

Asking Price $16.5M

Price AnalysisGood Deal

Est. Buyer RebateMORE INFO$103K cash back

Assessed$8.84M
Asking$16.5M
Market$17.14M
  1. HI
  2. Kauai
  3. North Shore
  4. Hanalei
  5. Hanalei Beachfront
This property has a pending offer.A contingent listing means a seller has accepted an offer from a buyer. In some cases, the seller will accept backup offers.

Financial

Market (Search)
$17,144,060
Market (Comps)
No data
Asking Price
$16,500,000
Assessed Value
$8,835,500
Year Assessed
2021
Terms
1031 Exchange, Cash, Conventional
Property Taxes
$10,857/mo

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
Contingent
Property Type
House
View
Bay, Coastline, Garden, Mountain, Ocean, Ocean Horizon, Sunset, Waterfall

Building

Property Type
House
Unit #
2
Beds
5
Baths
5
Living Area
2,992 sf
Year Built
1924
Waste Water
Septic
Water
Meter Installed
Power
Gas
Trash Disposal
County-Charge

Land

Parcel #
550030080000
Tenure
Fee Simple
Lot Number
6
Lot Size
0.7 acres (32,644 sf)
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.

Parking

Vehicle Storage
Unassigned

Amenities

Flooring
Hardwood, Laminate, Slate
Inclusions
Blinds, Drapes, Dryer, Washing Machine, Dishwasher, Microwave, Refrigerator, Range/Oven
Heating/Cooling
Air Conditioning, Split/Zoned

MLS Data

MLS #
643460
Days on Market
210
Est. Commission
$330,000
Listing Agent
Jacqueline Shockley RS-76726
Brokerage
No data
Source
Hawaii Information Service
Listing Date
2020-10-13