5280 KA HAKU RD 236 PRINCEVILLE HI 96722 | 648413

5280 KA HAKU RD 236
PRINCEVILLE, HI, 96722
$339,000
2 Beds
2 Baths
1,135 SqFt
0 Acres
Leasehold property. Beautiful Ocean and Golf course view Condo at Pali Ke Kua, Princeville, Kaua‘i!
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 Kaua‘i Vacation Rentals. The condo makes a great second home on Kaua‘i 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 don’t 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

Property Details

Price:
$339,000
MLS #:
648413
Status:
Active
Beds:
2
Baths:
2.00
Address:
5280 KA HAKU RD 236
Type:
Condo
City:
PRINCEVILLE
Listed Date:
Mar 24, 2021
State:
HI
Square Ft (approx):
1,135
ZIP:
96722
Subdivision:
PRINCEVILLE
Year Built:
1974
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Schools

Interior

Appliances
Disposal, Dishwasher, Microwave Hood, Refrigerator, Range/ Oven
Baths Full
2
Features
Ceiling- Vaulted, Smoke/ Heat Detector
Floor Cover
Carpet, Ceramic Tile
Power
Underground
Window Cover
Curtains
Wshr Dryr
Stacked Washer/ Dryer

Exterior

Bldg Unit
236
Car Stg
Unassigned
Frontage
Almost Oceanfront, Golf Course
Pool
N
Roads
Private
Wastewater
Sewer- Connected

Financial

Assessed Val
685400
Assn Dues
0.00

Map

Community

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5280 KA HAKU RD 236
PRINCEVILLE, HI
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