5-5075 KUHIO HWY HANALEI HI 96714

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Seller unmotivated

Asking Price

$2,950,000 $2,600,000

$2,928/sf

$13m/ac

Smart Price

$1,730,652

$1,949/sf

$8.7m/ac

Assessed Value

$1,282,100

$1,444/sf

$6.4m/ac

Enjoy amazing waterfall and mountain views and privacy in this centrally-located Hanalei property. Located behind a high, gated lava-rock wall, this home takes full advantage of large open spaces and unobstructed views to the rear of the property. Namolokama, Hihimanu, and Hihiwai mountains provide a backdrop for the constantly changing display of light, waterfalls and clouds right out your back door.

This is the perfect place to enjoy one of Hawaii’s truly iconic surf towns. The private yet central location in Hanalei town is within minutes walking or biking to Hanalei shops, restaurants, farmer’s market, beaches, surf, and fun.

Hanalei is in the Opportunity Zone tax classification, which offers tax and investment benefits. Also, an additional structure can be added to meet the new owner’s needs. Current owners previously obtained SMA approval and building permits from the County of Kauai to add a fully legal guest house with garage below. Beautiful, complete architectural guest house plans were developed by Cogent Design. The main home could be raised, providing yet more covered area below. There is potential for a commercial use permit for this property, given the zoning and other similar uses in the Hanalei area. Owner has consulted with attorneys.

Note that the current owner did not actually build the guest house/garage and the permits expired. New owners must re-apply, however this does allow for more customization of the guest house to meet specific needs and style. Seller will supply the full set of previously permitted building plans and documentation of previous SMA approval. Please inquire with the listing agent for more information on any of the above-mentioned options.


Most of Hanalei doesn’t even realize this special property is hidden behind the Tongan-crafted lava rock wall. The beauty of this setup is total access to Hanalei lifestyle, and the ability to quickly retreat to your own private oasis.

The Basics
Property Type
House
Beds
2
Baths
2
Living Area
888 sf
Lot Size
0.2 acres
Days on Market
336
View
Mountain, Waterfall
Land Tenure
Fee Simple
Financial
Tax Assessed Value
$1,282,100
Year Assessed
2019
Terms Acceptable
Cash, Conventional
Monthly Taxes
$241
Parcel #
550090120000
Exemption Amount
$160000
Price Direction
Price Reduced
Amenities
Appliances
Disposal, Dishwasher, Microwave Hood, Refrigerator, Range/Oven
Flooring
Hardwood
Inclusions
Disposal, Dishwasher, Microwave Hood, Refrigerator, Range/Oven
Internet
Cable, DSL
Telephone
Cable, Cell, Land Line
TV
Cable
Land
Frontage
None, Road/Street
Lot Description
Clear
Land Sqft
9,513
Elevation
4 feet
Latitude
22.20356768
Longitude
-159.49324922
Subdivision
HANALEI
Topography
Level
Roads
Paved
Zoning
O - Open Space
Flood Zone
AE
  • 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.
Recordation
Regular
Building
Property Type
House
Beds
2
Baths
2
Living Area
888 sf
Year Built
2005
Waste Water
Septic
Water
Municipal
Power
Overhead
Solid Waste Disposal (Trash)
County-Charge
Other
349 sf
Design
Double Wall, Wood Frame
Parking
Vehicle Storage
Covered, Detached
MLS Data
MLS #
631930
Listing Agent
Tiare Welborn RS-81700
Brokerage
Hawaii Life
Source
Hawaii Information Systems
Listing Date
2019-08-28
Other
Knowledge = Power
Know your inventory before making an offer.