5115 PAPIO PL HANALEI HI 96714

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Seller realistic

Asking Price

$3,500,000

$1,209/sf

$11.7m/ac

Smart Price

$4,285,733

$1,480/sf

$14.3m/ac

Assessed Value

$2,974,800

$1,028/sf

$9.9m/ac

Located in the Heart of Hanalei at the end of a quiet cul-de-sac, this large 5-bedroom, 4.5-bath custom home with A/C is a Licensed Vacation Rental (TVR #5128) and a fantastic retreat designed to comfortably fit extended families. Custom craftsmanship throughout, the home features a large gourmet kitchen with free-standing island, 4 spacious lanais, 2 laundry areas, and an ample 2-car garage w/ built-in surf board racks. The large living/dining/kitchen area is great for family & friends. Situated on a quiet little side street that is tucked away, Papio Place gets very little traffic, making the cul-de-sac location ideal for small children. The home is located within an easy 5-minute stroll to the beach at Hanalei and is also within close proximity to stores, restaurants, farmer's markets, and fitness studios — everything that Hanalei has to offer is close at hand!

A small stream behind the house is great for kids — for fishing, exploring, and catching prawns. The stream also lends a soothing air of ambiance to the large back lanai. Mountain and waterfall views are best seen from the upstairs master bedroom & junior master suites. Located w/in an IRS Opportunity Zone.

Other notable features of the home include:
* 2 Master Suites - Each w/ Private Covered Lanais
* 2 Guest Bedrooms
* A 5th "Lock-Out" Bedroom Suite w/ Private Bath, Wet-Bar & Separate Entrance (Great for Extended Family & Guests)
* Air Conditioning
* 3 Wet Bars
* Brazilian Cherry Hardwood Floors
* Wolf Ovens
* Granite Counter Tops
* Whirlpool Tub in Master Suite
* Copper Rain Gutters
* Stainless Hardware & Appliances
* Crown Molding, Coffered Ceilings & Recessed Lighting
* Custom Cabinetry
* Great Airflow
* Ipe Decks

This property has been an active and successful vacation rental for many years. Its quality and character put it in a class that is superior to many of the older homes that are currently on offer in Hanalei.

The Basics
Property Type
House
Beds
5
Full Baths
4
Half Baths
1
Living Area
2,895 sf
Lot Size
0.3 acres
Days on Market
47
View
Garden, Mountain, River, Waterfall
Land Tenure
Fee Simple
Financial
Tax Assessed Value
$2,974,800
Year Assessed
2020
Terms Acceptable
1031 Exchange, Cash, Conventional
Monthly Taxes
$2,211
Parcel #
550100870000
Tax Amount
$2,211
Amenities
Appliances
Convection Oven, Disposal, Dishwasher, Microwave, Refrigerator, Range/Oven, Other (remarks)
Flooring
Hardwood
Inclusions
Blinds, Dryer, Washing Machine, Convection Oven, Disposal, Dishwasher, Microwave, Refrigerator, Range/Oven, Other (remarks)
Internet
Cable, DSL
Features
Storage Area, Smoke/Heat Detector, Bar-Wet
Telephone
Cable, Cell, Land Line
TV
Satellite, Cable
Washer/Dryer
Dryer, Washer
Heating/Cooling
Air Conditioning, Split/Zoned
Land
Frontage
None, Stream/Canal
Lot Number
140
Lot Description
Cul de sac
Land Sqft
12,195
Elevation
3 feet
Latitude
22.20421765
Longitude
-159.494461
Subdivision
HANALEI
Topography
Fairly Level
Roads
Paved
Zoning
R-4 - Residential District
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
5
Full Baths
4
Half Baths
1
Living Area
2,895 sf
Year Built
2004
Waste Water
Septic
Water
Municipal
Power
Underground
Solid Waste Disposal (Trash)
County-Charge
Other
619 sf
Design
Wood Frame
Schools
Schools
Hanalei Elementary
Parking
Vehicle Storage
Attached
Garage Area
550 sf
MLS Data
MLS #
639935
Listing Agent
Ben Welborn RB-19358
Brokerage
Hawaii Life
Source
Hawaii Information Systems
Listing Date
2020-06-17
Other
Special Assessment
No
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