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MLS: 708156 (Active - For Sale)
Condo: Hanalei Colony Resort #L1 (Fractional Ownership)

 
Asking Price: $325,000 Fee Simple
Type: Fractional/Timeshare
District: Hanalei
Street: 5-7130 Kuhio Hwy
Neighborhood: Wainiha
Beds: 2   Baths: 1
Living Area: 850 SF

Ownership: Fractional

Pool: Yes
Parking: Unassigned
Amenities: BBQ/Cooking Pit,Concierge,Community Laundry,Office,Restaurant,Smoke/Heat Detector
Days on Market: 49
Year Built: 1969
Zoning: RR
Roads: County
Land Recorded: Regular
Property Taxes: $4,430,.53
Assessed Value: $449,800
Assessed Ratio: 72.25%
Listing Courtesy: Kauai Majestic Properties, LLC
Terms Acceptable: Cash
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All Units For Sale in Hanalei Colony Resort

Amazing 10 week ownership in winter months!

This is a fractional property. Extremely rare and coveted partial ownership listing. You can now enjoy the Kauai Beach lifestyle without the hassle of full time ownership with this beachfront two bedroom condo on the north shore of Kauai for 10 full weeks every year. This offering is for the highly coveted winter weeks of February 8th thru April 18th of every year. 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. This 2 bed 2 bath condo has a lovely ocean view and a beachfront restaurant and bar on the grounds. There's also a coffee bar, health spa, art gallery 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!


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6 Transaction(s) Found in Sales History
MLS List Date Sold Date List Price Sold Price
65259407/28/202108/23/2021$104,000$114,000
27296704/29/201409/16/2015$149,000$120,000
25661408/07/201206/27/2013$169,900$145,000
65356108/23/202109/13/2021$171,000$181,000
18570010/12/200602/16/2007$185,000$185,000
13850706/23/200409/16/2004$459,000$459,000

2 Comparable Units Sold in HANALEI COLONY RESORT (Last 12 months)
Description List Date Sold Date List Price Sold Price
2 Bed 1 Bath05/26/202309/21/2023$675,000$650,000
2 Bed 2 Bath05/20/202306/20/2023$850,000$810,000
Average Price:  $730,000

 
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