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MLS: 658199
Asking Price: $3,150,000 Fee Simple
Sold Price: $3,027,500
Sold Date: 06/15/2022
Type: Residential
District: Hanalei
Street: 5055 Kapiolani Lp
Neighborhood: Princeville
Beds: 5   Baths: 3
Living Area: 2,586 SF
Land Area: 12,526 SF
Parking: Attached
Days on Market: 912
(The Price of the property was lowered by $500,000 on 03/01/2022)
Year Built: 1972
Zoning: R-4
Roads: Private
Property Taxes: $15,873
Assessed Value: $1,611,500
Assessed Ratio: 195.47%
Listing Courtesy: eXp Realty
Terms Acceptable: 1031 Exchange,Cash,Conventional
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Tropical Valley and Ocean views!

Situated on a private lot at the edge of a tropical valley with beautiful ocean vistas beyond this large 5 bedroom home offers plenty of privacy with serene views. The site accommodates fabulous trade wind flow across the valley. Just steps to Queen's bath and short walk to Makai club and the new Hanalei one hotel this home is perfect for a primary residence, second home or continue as an active vacation rental. Additional living spaces include an office/ library and large deck areas. Prepaid electricity via a SunRun solar system agreement for approximately the next 19 years. Additional cost savings for this home include a 120 gallon solar water heating system.

The owner installed a swimming pool in 2017.

Active vacation rental

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