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5280 Ka Haku Rd , #236

Princeville, HI 96722
  • $330,000
  • STATUS: Closed
  • ON SITE: 494 Days
  • MLS #: 648413
Sold - 03/11/2022
$330,000
SOLD - 03/11/2022
  • 2
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,135
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Condo
Built:
1974
Area:

School Ratings & Info

Description

Leasehold property. Beautiful Ocean and Golf course view Condo at Pali Ke Kua, Princeville, Kauai! Pali Ke Kua #236 is a 2BR/2BR 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 outdoor 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 area, a private paved path to a sandy cove below, a dinner restaurant called Hideaways Pizza Pub, and mature tropical landscaping throughout. A short stroll down the road takes you to the #1 Hotel Hanalei Bay which is scheduled to reopen in spring of 2022. 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.This property is in Leasehold ownership (you dont own the proportionate land that belongs to this unit) and the lease rent terms are as follows: Current lease rent until 2025: $1,483.42 per month ($8,900.52 paid two times per year, total lease rent $17,801.04) Next lease renegotiation: 2025 (for another 10-year term) Lease expiration: 2040 (surrender clause applies, currently the leased fee interest is not for sale) Lessor: Medusky & Co. Inc. Honolulu

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© 2022 MLS Hawaii, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Lally | Keller Williams. Data last updated: 2022-08-10T12:34:26.113.
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5280 Ka Haku Rd , #236 Princeville, HI 96722

  • Price: $339,000
  • Status: Closed
  • On Site: 494 Days
  • Updated: 35 min ago
  • MLS #: 648413
2
Beds
2
Baths
0
½ Baths
N/A
Acres
1,135
SQFT
$0
$/SQFT
1974
Built
Neighborhood:
Princeville
Area:
Hanalei
Property Description
Leasehold property. Beautiful Ocean and Golf course view Condo at Pali Ke Kua, Princeville, Kauai! Pali Ke Kua #236 is a 2BR/2BR 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 outdoor 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 area, a private paved path to a sandy cove below, a dinner restaurant called Hideaways Pizza Pub, and mature tropical landscaping throughout. A short stroll down the road takes you to the #1 Hotel Hanalei Bay which is scheduled to reopen in spring of 2022. 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.This property is in Leasehold ownership (you dont own the proportionate land that belongs to this unit) and the lease rent terms are as follows: Current lease rent until 2025: $1,483.42 per month ($8,900.52 paid two times per year, total lease rent $17,801.04) Next lease renegotiation: 2025 (for another 10-year term) Lease expiration: 2040 (surrender clause applies, currently the leased fee interest is not for sale) Lessor: Medusky & Co. Inc. Honolulu
Exterior Features

Frontage Almost OceanfrontGolf Course Land Tenure Leasehold Ocean Front Y Pool N Roads Private Unit Description Inside UnitMulti-Story View CoastlineGardenGolf CourseOceanSunsetSunrise

Interior Features

Appliances DisposalDishwasherMicrowave HoodRefrigeratorRange/Oven Floors CarpetCeramic Tile Washer Dryer Stacked Washer/Dryer Window Coverings Curtains

Property Features

Assessed Value 927500 Assessment Year 2022 Distressed Standard Sale Features Ceiling-VaultedSmoke/Heat Detector Fee Available No Monthly Association Fees 0.00 Oceanfront Unit N Phone Service CableCellLand Line Power Underground Project Name Pali Ke Kua Iii Property Type Condo Sewer Sewer-Connected Solid Waste Disposal Included With Maintenance Fees Tax Key 454012009 Taxes 6592.00 Terms 1031 ExchangeCash Total Monthly Fees 850.00 Tv Availability Cable Vehicle Parking Unassigned Water Private Zoning R-10

Listing information © 2022 MLS Hawaii, Inc. All rights reserved.
Listing courtesy of Corcoran Pacific Properties.


© 2022 MLS Hawaii, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Lally | Keller Williams. Data last updated: 2022-08-10T12:34:26.113.
 
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725 Kapiolani Blvd., Suite C-302
Honolulu HI, 96813