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! <br>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.<br><br>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:<br>• Current lease rent until 2025: $1,483.42 per month ($8,900.52 paid two times per year, total lease rent $17,801.04)<br>• Next lease renegotiation: 2025 (for another 10-year term)<br>• Lease expiration: 2040 (surrender clause applies, currently the leased fee interest is not for sale)<br>• Lessor: Medusky & Co. Inc. Honolulu

Property Details

Price:
$339,000
MLS #:
648413
Status:
Sold (Jan 1, 1970)
Beds:
2
Baths:
2.00
Address:
5280 KA HAKU RD 236
Type:
Condo
City:
PRINCEVILLE
Listed Date:
Mar 24, 2021 ( days)
State:
HI
Square Ft (approx):
1,135
ZIP:
96722
Subdivision:
PRINCEVILLE
Year Built:
1974
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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
927500
Assn Dues
0.00

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5280 KA HAKU RD 236
PRINCEVILLE, HI
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