NOT LISTED FOR SALE

440 Aleka Place Unit 268 Kapaa, HI 96746

Wailua-Kauai Neighborhood

Estimated Value: $454,000 - $489,492

-- Bed
1 Bath
372 Sq Ft
$730/mo HOA Fee

Last Sold June 02, 2017

Last sale price $165,000 $444 Per Sq Ft

Est. 184% increase in value since last sale

Current estimated payment $3,819/month

274 Days on Market

Highlights

  • Concierge
  • Pool and Spa
  • Carpet
  • Ocean Front
  • Jogging Path

About This Home

As of June 2017

Islander on the Beach #268 gives you the best of all worlds! An affordable vacation rental condo to buy; part of a beautiful and popular vacation rental development for income; a wonderful place to stay when you are on-island! Located on the windward side of Kauai, only a few steps from its own beach and a short drive to the many beaches on the Coconut Coast, not to mention its location virtually halfway distance between Haena/Hanalei (north shore) and Polihale/Waimea Canyon (westside). It is also close to shopping with two large grocery stores (including Safeway), Long's drugstore, plenty of shops and restaurants, and only steps from the new and popular "eat with your feet in the sand" restaurant "Lave Lava". The Maui Building location means that it is very convenient to the laundry building.

This unit has some unusual extras compared to most Islander units: Two new Queen-size beds instead of the normal doubles and an upgraded TV size. Managed by Aston, it recently underwent an $11,000 "refresh" consisting of new paint, art work, furniture, lighting, drapes and curtains. Continued management by Aston ensures that the upgrades are included at no extra cost.

Maintenance fees are extremely reasonable for a vacation rental property — lower than some condominiums on Kauai! The monthly maintenance fee of $730 includes electricity, trash, exterior insurance, landscaping & building maintenance, pool, BBQ area, cable and Wi-Fi. Management is also installing Solar power generation and expanding the parking lot. The HOA also replaced all of the roofs with cedar shake shingles, refurbished the pool/spa/cabana/bar area, and refreshed the lobby.

If you are looking for an affordable, busy vacation rental that you will also happily use, Unit #268 of Islander on the Beach is for you.

Showings necessarily need to work around guests, but otherwise easy to see! Islander #268 can be your piece of Paradise!

Last Listed By

Kay DeFranceaux Leonard

eXp Realty Brokerage Phone: 8086348697 License #RS-72008 Listed on: 08/02/2016

eXp Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,558

Year Built

  • Built in 1970

Lot Details

  • Ocean Front
  • Property fronts a private road
  • Property fronts a county road

HOA Fees

  • $730 Monthly HOA Fees

Parking

  • Unassigned Parking

Interior Spaces

  • 1 Full Bathroom
  • 372 Sq Ft Home
  • Carpet
  • Ocean Views
  • Microwave

Pool

  • Pool and Spa
  • In Ground Pool

Utilities

  • Underground Utilities
  • Internet Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 4430020130195

Community Details

Overview

  • Islander On The Beach Community
  • Wailua Beach Subdivision

Amenities

  • Concierge

Recreation

  • Jogging Path

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,558

Year Built

Built in 1970

Lot Details

0

HOA Fees

$730 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • ResoCommunityFeatures: Concierge, Walking/Jogging Path
  • Road Frontage Type: HIS Almost Oceanfront
  • Attribution Contact: 8086348697
  • Co List Office Phone: 8082455758
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: WAILUA BEACH
  • Living Area: 372.0
  • Property Attached Yn: Yes
  • Year Built: 1970
  • Tax Year: 2016
  • HIS_PoolYN: Yes
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: Cable, DSL
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Microwave, Refrigerator
  • Full Bathrooms: 1
  • Flooring: Carpet
  • Total Bathrooms: 1

Exterior Features

  • View: Ocean
  • Pool Features: In Ground, Pool/Spa Combo
  • Waterfront: No
  • Roads: County, Paved, Private

Garage/Parking

  • Parking Features: Unassigned

Utilities

  • Cooling: Cash
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 730.0
  • Association Fee Frequency: Monthly
  • Project: ISLANDER ON THE BEACH

Lot Info

  • Zoning: RR-20
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4430020130195
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1558.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 11, 2021
Sold by
Jimenez Matthew David and Buturla Jennifer Carly
Bought by
Spencer Mark Kevin
Total Days on Market
274
Current Estimated Value
$469,164

Purchase Details

Listed on
Feb 18, 2014
Closed on
May 20, 2014
Sold by
Entrust Administration Inc
Bought by
Duncan Thomas Fred
Seller's Agent
Robert Middleton
Kauai Isle Real Estate
Buyer's Agent
Kay DeFranceaux Leonard
eXp Realty
List Price
$165,000
Sold Price
$140,000
Premium/Discount to List
-$25,000
-15.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.55%

Purchase Details

Listed on
Feb 18, 2014
Closed on
May 16, 2014
Sold by
Entrust Administration Inc
Bought by
Entrust Adminstration Inc and Joanne Marie Kleppe Ira
Seller's Agent
Robert Middleton
Kauai Isle Real Estate
Buyer's Agent
Kay DeFranceaux Leonard
eXp Realty
List Price
$165,000
Sold Price
$140,000
Premium/Discount to List
-$25,000
-15.15%

Purchase Details

Closed on
May 13, 2005
Sold by
Old Island Llc
Bought by
Entrust Administration Inc and Joanne Marie Kleppe Ira #29206La
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Spencer Mark Kevin $230,000 Fntic
Duncan Thomas Fred $140,000 Or
Entrust Adminstration Inc $1,000 Or
Entrust Administration Inc $280,000 Tg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spencer Mark Kevin $295,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2017 09/02/17 Off Market $165,000 -- --
06/02/2017 06/02/17 Sold $165,000 -4.6% $444 / Sq Ft
05/03/2017 05/03/17 Pending -- -- --
08/02/2016 08/02/16 For Sale $173,000 +23.6% $465 / Sq Ft
05/30/2014 05/30/14 Sold $140,000 -15.2% $376 / Sq Ft
04/29/2014 04/29/14 Pending -- -- --
02/18/2014 02/18/14 For Sale $165,000 -- $444 / Sq Ft
Source: Hawaii Information Service (MLS Hawaii)

Tax History Compared to Growth

Source: Public Records

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 $5,474 $488,200 $28,700 $459,500
2024 $5,474 $465,900 $28,700 $437,200
2023 $4,435 $408,800 $28,700 $380,100
2022 $2,924 $269,500 $0 $0
2021 $2,458 $226,500 $0 $0
2020 $5,558 $224,700 $28,700 $196,000
2019 $2,212 $203,900 $0 $203,900
2018 $1,805 $167,300 $0 $167,300
2017 $1,805 $166,400 $0 $166,400
2016 $1,558 $143,600 $0 $143,600
2015 $648 $146,400 $0 $0
2014 $565 $155,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Robert Middleton

    Kauai Isle Real Estate

    (808) 822-2222

    1 in this area

    4 Total Sales

    Robert Middleton
    Section Image
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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 297904

Hawaii Information Service (MLS Hawaii)

APN: 4-4-3-002-013-0195

Hawaii Kauai County Kapaa 96746 Wailua-Kauai

440 Aleka Place Unit 268, Kapaa, HI

This home is located at 440 Aleka Place Unit 268, Kapaa, HI 96746 since 02 August 2016 and is currently estimated at $469,164, approximately $1,261 per square foot. This property was built in 1970. 440 Aleka Place Unit 268 is a home located in Kauai County with nearby schools including Kapa'a Elementary School, Kapa'a Middle School, and Kapa'a High School.

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.

Hawaii Information Service (MLS Hawaii) Copyright 2025 MLS Hawaii, Inc. All rights reserved.

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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