5372 WEKE RD, PRINCEVILLE, HI 96722

$15,500,000
5
BD
5
BA
4,848
SqFt
List Price
$15,500,000
Days on Market
59
MLS#
628102
Status
ACTIVE
Type
Multifamily
Bedrooms
5
Bathrooms
5
Living Area
4,848
Land Tenure
Fee Simple
Neighborhood
Hanalei

Property Description

Front and Center of Hanalei Bay! 2 Homes on 2 Lots with 2 separate TMK's, 2 Active Vacation Rental Permits. Double your fortune and pleasure in every aspect with this iconic and historic Hawaiian Beachfront Multi-family Estate. Hale Ola, meaning "House of Health," was originally built for the first doctor on Kauai's stunning North Shore in the 1920's. This Hanalei Bay oceanside property is situated on a rolling expanse of lawn next to the world-renowned Pinetree's beach park and famous surf breaks. Incredible sunset views expand from Hanalei Pier to countless waterfalls and majestic mountain ridge lines known as Hihimanu, Namolokama and Mamalahoa. The main house sits on a 20,577 sq. foot lot and consists of 3 bedrooms and 3 bathrooms, a workshop pavilion, a bbq pavilion and standalone laundry pavilion. It has been expertly restored while maintaining the iconic Hawaiian traditional feel, and is loaded with old world character and charm throughout, delivering true authentic Kauai experience. The second house sits on a separate 12,067 sq. foot lot and consists of 2 bedrooms and 1 bathroom upstairs. Downstairs you'll find a garage as well as a manager's office with a bathroom. It also boasts views of Hanalei Bay, mountains, waterfalls and was constructed to match the charm and class of the main house. There are lanais throughout both homes to enjoy outdoor living. Both homes serve as active and successful vacation rentals. Future confirmed reservations to be honored. Offering consists of two TVR-NC licensed homes on two separate lots being sold together. TMK's are 4-5-5-3-8 and 4-5-5-3-39.

Additional Information

Solid Waste Disposal Trash
County-Charge
Roads
County, Paved
Parking
Detached
Taxes Annual
$97764
View
Bay, Mountain, Ocean, Ocean Horizon, Sunset, Waterfall
Appliances
Disposal, Dishwasher, Refrigerator, Range/Oven
Lot Number
6
Zoning
O
Lot Size
32,644
Water
Municipal
Power
Underground
Frontage
Almost Oceanfront, Ocean
Year Built
1924
Sewer
Septic
Assessed Value
14139100
Topography
Fairly Level
Floor Covering
Hardwood
District
Hanalei

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Oceanfront Sotheby's International Realty.

Based on information from the Multiple Listing Service of the Hawaii Information Service listings last updated . Information is deemed reliable but not guaranteed. Copyright 2019 by the Hawaii Information Service Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer’s agent. If the active listing you are interested in is our company’s active listing, you may speak to one of our agents regarding your options for representation.