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Mark Waite

mark@beachologyinc.com +1(949) 231-9417

$ 230,000

Est. payment | -/mo

2 Beds

2 Baths

850 SqFt

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$ 230,000

Est. payment | -/mo

Save

2 Beds

2 Baths

850 SqFt

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 850 sqft

Price per Sqft $270

Subdivision Wainiha

MLS Listing ID 729154

Bedrooms 2

Full Baths 1

Three Quarter Bath 1

HOA Fees $3,385/mo

HOA Y/N Yes

Year Built 1969

Annual Tax Amount $4,430

Tax Year 2023

Property Sub-Type Condominium

Source Hawaii Information Service

Property Description

This property has fractional or shared ownership. Most fractional listings are only 8 weeks of time, however, this is a very rare and sought after 10 week fractional segment in mainland winter months! Time period is Feb 8th thru April 18th. Escape from the mainland winter freeze for 2.5 months out of every year and enjoy the gorgeous north shore of Kauai Hawaii for 10 weeks every year for just $135 a night in expenses after your initial $230K investment. $135 a night includes all property taxes, all fees, all maintenance, and all utilities. The published nightly rental rate on these condos is approximately $350 a night and there are 18% taxes and cleaning fees on top so over $400 a night to rent in this prestigious oceanfront project. Hanalei Colony Resort is a small luxury boutique beach resort located next to some of the best beaches in the world. Only 100 steps to the water so you can roam on pristine gold sand beaches for miles including Lumihai Beach, Tunnels Beach, and Ke'e Beach during some of the best months of the year on Kauai. This gorgeous condo has a lovely ocean view and a beachfront restaurant and bar on the grounds. There's also a coffee bar, health spa, art and fine jewelry gallery shop and front desk concierge as well. The pool and BBQ area was recently completely renovated and includes a large hot tub. Ownership is shared with 3 other owners. This is a fee simple fractional listing, not a timeshare, with ownership held in an LLC. Unit comes fully furnished with everything to make your Kauai beach vacation amazing and comfortable. All cash purchase only as there is no financing available for fractional listings. Get out of the winter chill and thaw out on Kauai's north shore for 10 weeks a year with this amazing beachfront fractional ownership condo!

Location

State HI

County Kauai

Community Wainiha

Area Hi

Building/Complex Name HANALEI COLONY RESORT

Zoning RR

Region Hanalei

City Region Hanalei

Interior

Heating None

Cooling None

Flooring Ceramic Tile, Laminate

Appliance Dryer, Microwave, Microwave Hood, Oven, Refrigerator, Washer

Laundry Common Area

Exterior

Parking Features Unassigned

Pool In Ground

Community Features Concierge

Utilities Available Cable Available, Electricity Available, Phone Available, Underground Utilities

View Y/N Yes

View Coastline, Garden, Mountain(s), Ocean, Ocean Horizon

Garage No

Private Pool Yes

Building

Lot Description None

Unit Features End Unit,Even Number Unit,Ground Unit

Sewer Septic Tank

Others

Ownership Fractional/Shared

Monthly Total Fees $3, 385

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Fee Simple, Standard

Listed by Kauai Majestic Properties, LLC

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(949) 231-9417

mark@beachologyinc.com

144 Halau Pl, Kihei, Hawaii, 96753, USA

5-7130 KUHIO HWY #L1 Hanalei, HI 96722

Mark Waite

Key Details

Location

Interior

Exterior

Building

Others

Nearby Locations

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5-7130 KUHIO HWY #L1