410 Papaloa Rd Unit 225 Kapaa, HI 96746
Wailua-Kauai NeighborhoodEstimated payment $7,034/month
Total Views
1,306
1
Bed
1.5
Baths
808
Sq Ft
$1,046
Price per Sq Ft
Highlights
- Ocean View
- In Ground Pool
- End Unit
- Beach Access
- Gated Community
- Shutters
About This Home
Trust sale. Open July 6-12. Lae Nani 225 is a 1-bedroom, 1.5-bath vacation rental perched on the second floor of this highly desired oceanfront community. Overlooking the pool and the ocean, this unit offers whitewater and sunrise views from the lanai, perfect for morning coffee or peaceful reflection.
Located on the northeast point of Wailua Bay, Lae Nani is uniquely positioned with a protected ocean swimming area and expansive beachfront ideal for swimming, surfing, fishing, and sunbathing. The lush, manicured grounds, featuring a pool, BBQs, and shaded lounging areas, provide a serene resort atmosphere with direct access to the beach.
The Ke Ala Hele Makalae coastal path, perfect for rolling, walking, running, or biking, runs along Papaloa Road just outside the gated entrance, offering scenic pedestrian access south to Lydgate Beach Park and north to Donkey Beach in Anahola.
The second-floor location provides added privacy, enhanced security, and refreshing tradewinds, with parking conveniently located just outside the unit. Inside, the unit retains some original fixtures and presents an excellent opportunity for a stylish refresh.
Currently operating as an active vacation rental managed by Outrigger, Lae Nani 225 offers both personal enjoyment and solid rental income potential. The property is centrally located in Kapaa. Coconut Marketplace, shopping, 10+ restaurants (including Lava Lava and Kintaro), a gas station, and other conveniences are all within 1/10th of a mile from the front door.
The seller may respond to offers within 7 days of submission but no earlier than 14 days after the listing date. The property is sold AS IS. The seller will not make any repairs or sign any non-neutral disclosures. Please refer to the attached documents for the disclosures approved by the seller's counsel. All offers must include a buyer-signed Seller Trust Addendum (attached to the MLS), a lender's pre-approval letter, and proof of funds.
Listing Agent
COMPASS Brokerage Phone: 8086520746 License #RB-18908 Listed on: 07/06/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $8,726
Year Built
- Built in 1978
Lot Details
- Property fronts a county road
- End Unit
HOA Fees
- $1,640 Monthly HOA Fees
Parking
- Unassigned Parking
Property Views
- Ocean
- Garden
Interior Spaces
- 808 Sq Ft Home
- 3-Story Property
- Shutters
- Drapes & Rods
- Blinds
- Carpet
Kitchen
- Range with Range Hood
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 1 Bedroom
Laundry
- Dryer
- Washer
Outdoor Features
- In Ground Pool
- Beach Access
Utilities
- Underground Utilities
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 4430020100018
Community Details
Overview
- Lae Nani Community
- Wailua Beach Subdivision
Amenities
- Coin Laundry
- No Laundry Facilities
Pet Policy
- No Pets Allowed
Security
- Gated Community
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,726 | $903,600 | -- | $903,600 |
| 2024 | $8,726 | $772,200 | -- | $772,200 |
| 2023 | $5,754 | $668,100 | $0 | $668,100 |
| 2022 | $5,754 | $584,200 | $0 | $0 |
| 2021 | $5,483 | $556,600 | $0 | $0 |
| 2020 | $4,947 | $502,200 | $0 | $502,200 |
| 2019 | $4,786 | $485,900 | $0 | $485,900 |
| 2018 | $3,801 | $385,900 | $51,400 | $334,500 |
| 2017 | $2,942 | $332,400 | $0 | $332,400 |
| 2016 | $2,644 | $298,800 | $98,800 | $200,000 |
| 2015 | $1,322 | $358,000 | $0 | $0 |
| 2014 | $2,548 | $298,800 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/06/2025 07/06/25 | For Sale | $845,000 | -- | $1,046 / Sq Ft |
Source: Hawaii Information Service (MLS Hawaii)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Personal Reps Deed | -- | None Listed On Document | |
| Personal Reps Deed | -- | None Listed On Document | |
| Deed | $485,000 | -- | |
| Deed | $185,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $363,750 | Purchase Money Mortgage | |
| Previous Owner | $148,000 | Purchase Money Mortgage |
Source: Public Records
Similar Homes in Kapaa, HI
Source: Hawaii Information Service (MLS Hawaii)
MLS Number: 721581
APN: 4-4-3-002-010-0018
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
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