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SOLD
MLS: 635080
 
Asking Price: $2,350,000 Fee Simple
Sold Price: $2,291,250
Sold Date: 12/01/2021
Type: Residential
District: Hanalei
Street: 5117 Papio Pl
Neighborhood: Hanalei
Beds: 3   Baths: 3
Living Area: 1,800 SF
Style: Attached
Land Area: 11,182 SF
Parking: Attached
Amenities: Ceilings-9'+,Ceiling-Vaulted
Days on Market: 1589
Year Built: 2018
Easements: Drainage
Zoning: R-4
Roads: Paved
Land Recorded: Regular
Property Taxes: $4,484
Assessed Value: $926,600
Assessed Ratio: 253.62%
Listing Courtesy: Kauai Majestic Properties, LLC
Terms Acceptable: 1031 Exchange,Cash,Conventional
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Brand new 2018 built home within short walking distance to Hanalei Bay!

Home is located in a Opportunity Zone where investors can pay zero capital gains on the appreciation of the asset if they invest for 10 years or more. Newer 3 bed 3 bath home of approximately 1800 sq ft of open living space, light and bright with large windows, modern finishes and gorgeous mountain views. High ceilings with vaulted cedar planks in living room and master, high-end appliances including 6 burner gas stove, custom stained glass cabinets, custom tile throughout, cul-de-sac location, wonderful air flow and constant ambient light. This home sits next to a beautiful gurgling creek that runs through the back of the property with a newly constructed charming and romantic suspension bridge across the creek. The back portion of the property would be perfect for a meditation gazebo, hot tub, or open air art studio. Enjoy a five minute walk to Hanalei Bay and a 30 second walk to Hanalei town yet reside off the beaten path in a quiet and private neighborhood surrounded by other high-end homes. Tons of additional area below the home for storage, recreation, increased square footage etc. This is a very rare offering of new construction in Hanalei town tucked away from traffic yet close to all the charming amenities of the most sought after little beach town in America.


 
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