NOT LISTED FOR SALE

4521 Mikala Place Hanalei, HI 96714

Estimated Value: $855,000 - $1,371,546

2 Beds
1 Bath
804 Sq Ft
$1,385/Sq Ft Est. Value

Last Sold October 13, 2017

Last sale price $340,000 $423 Per Sq Ft

Est. 227% increase in value since last sale

Current estimated payment $5,972/month

237 Days on Market

About This Home

As of October 2017

Aloha and welcome to an adorable, affordable home in treasured Hanalei/Haena! Your special beach hideaway is located walking distance from one of the many beautiful Haena beaches.

Located on Mikala Place, a private one-block/deadend road off Kuhio Hwy barely a stone’s throw from Hanalei Colony Resort, this is a two-bedroom / one bath home plus a loft, and a glassed-in/screened lanai that expands the living room another 192 sf.

Enjoy:

>> Bamboo floors
>> Brand new stainless steel appliances
>> Renovated tile bathroom
>> Renovated lanai
>> All new windows with beautiful wood trim
>> New roof in 2012
>> Freshly painted interior
>> A small storage shed
>> A 20’ storage container
>> Hot Tub
>> Fully fenced yard
>> Walking distance to amazing beaches, the Mediterranean Gourmet Restaurant, and the Napali Art Gallery & Coffee Shop
>> Approximately one mile from Tunnels Beach

It is important to know that this is not a "fee simple" home. This is one of a handful of leasehold homes on Mikala Place. The lease goes until 2050. The fee holder (Can Corp) verified that the “fee” is not available for purchase at this time. The land lease cost per month is $755.20. The lease is available upon request (also attached to the listing along with some FAQs about it). The lack of comparable leasehold sales for an appraisal means that it requires cash for the purchase, but do the math! Even with the leasehold, this home is a major bargain in this area of high-priced properties in magical Haena!

Own your own home for less than the cost of a condo! This can be your personal Piece of Paradise!

Last Agent to Sell the Property

Kay DeFranceaux Leonard

eXp Realty Brokerage Phone: 8086348697 License #RS-72008 Listed on: 02/01/2017

eXp Realty

Last Buyer's Agent

Luan Becerra

License #RS-78848

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,048

Year Built

  • Built in 1976

Lot Details

  • Property fronts a private road
  • Wire Fence
  • Property is zoned R-4

Parking

  • Unassigned Parking

Interior Spaces

  • 804 Sq Ft Home
  • 2-Story Property
  • Forest Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Electric Water Heater
  • Cesspool
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • Wainiha Subdivision

Listing and Financial Details

  • Tax Lot 110
  • Assessor Parcel Number 4580110460000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,048

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Reso Fencing: Wire
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: WAINIHA
  • Unit Levels: Two
  • Living Area: 804.0
  • Property Attached Yn: No
  • Year Built: 1976
  • Tax Year: 2017
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_OtherBuildingArea: 192
  • HIS_SolidWasteDisposal: County-Charge
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: Cable, DSL
  • HIS_WaterHeater: Electric
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Flooring: Carpet, Laminate

Exterior Features

  • View: Forest
  • Waterfront: No
  • Roads: Paved, Private

Garage/Parking

  • Parking Features: Unassigned

Utilities

  • Sewer: Cesspool
  • Utilities: Cable Available, Electricity Available, Phone Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: R-4
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4580110460000

Tax Info

  • Tax Annual Amount: 1048.0
  • Tax Lot: 110

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/29/2024 11/29/24 Off Market $340,000 -- --
01/12/2018 01/12/18 Off Market $340,000 -- --
10/13/2017 10/13/17 Sold $340,000 -15.0% $423 / Sq Ft
09/26/2017 09/26/17 Pending -- -- --
02/01/2017 02/01/17 For Sale $399,950 +210.0% $497 / Sq Ft
03/20/2012 03/20/12 Sold $129,000 -68.1% $160 / Sq Ft View Prior Sale
02/16/2012 02/16/12 Pending -- -- --
10/27/2010 10/27/10 For Sale $404,900 -- $504 / 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 $829 $637,000 $514,100 $122,900
2024 $829 $618,500 $492,900 $125,600
2023 $938 $600,500 $388,600 $211,900
2022 $1,032 $583,100 $0 $0
2021 $981 $566,100 $0 $0
2020 $942 $553,400 $454,300 $99,100
2019 $2,876 $439,700 $340,700 $99,000
2018 $1,357 $374,200 $374,200 $0
2017 $1,310 $358,700 $358,700 $0
2016 $1,264 $343,600 $343,600 $0
2015 $745 $577,500 $0 $0
2014 -- $520,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Buyer's Agent in 2017

    Luan Becerra

    (808) 482-1979

    4 Total Sales

    Luan Becerra
    Section Image
  • Julie Black

    Seller's Agent in 2012

    Julie Black

    Kauai Dreams Realty

    (808) 652-6174

    3 in this area

    95 Total Sales

    Julie Black
    Section Image
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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 603555

Hawaii Information Service (MLS Hawaii)

APN: 4-5-8-011-046-0000

Hawaii Kauai County Hanalei 96714

4521 Mikala Place, Hanalei, HI

This home is located at 4521 Mikala Place, Hanalei, HI 96714 since 01 February 2017 and is currently estimated at $1,113,273, approximately $1,384 per square foot. This property was built in 1976. 4521 Mikala Place is a home located in Kauai County with nearby schools including Hanalei 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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