$16,200,000
SOLD NOV 17, 2016

5204 Weke Rd Hanalei, HI 96714

7 Beds
4 Baths
3,792 Sq Ft
2.01 Acres

Recently Sold

$4,272 Per Sq Ft

46% Below List Price

553 Days on Market

Highlights

  • Ocean View
  • Waterfront
  • Ceramic Tile Flooring
  • Waterfall on Lot
  • Cathedral Ceiling
  • Landscaped

About This Home

As of March 2021

213 FEET OF PRIME BEACHFRONT PROPERTY ON HANALEI BAY.

*The Faye property at Hanalei was purchased by Hans Peter Faye in 1915. Faye was a prominent Kauai sugar plantation manager and a member of the elite society of the day. He and a few others were privileged with the opportunity to purchase prime Hanalei beachfront lots at auction. The intention was to build summer beach houses on the best section of the Bay.

*In 1915, H.P. Faye cleverly combined two of the original Hanalei Beach Lots, resulting in twice the land area and beach frontage of current comparables. Skillfully selected by Hans Peter Faye in 1915 at a time when Hanalei Bay was wide open. The location offers shelter, consistent offshore trade winds, sandbars, and amazing views. H.P. Faye had the vision and the finances to purchase not one but two lots in the best part of the Bay. The property has views both mauka and makai, and is perfect for swimming, parties and the beach lifestlye.

*Building on the property may be permitted for up to 9,000 sf, allowing for additional structures, pool, & larger buildings(compared to average 4,500 sf on other Hanalei beachfront lots).

*Today, almost all of the lots on Hanalei Bay have been subdivided and many of the original large estates are gone. Gone are the days of expansive,open spaces at Hanalei. The Faye property is one of a few parcels that retain the large, open feel and the ONLY ONE THAT IS AVAILABLE FOR SALE.

Last Agent to Sell the Property

Neal Norman

Hawaii Life Brokerage Phone: 8086511777 License #RB-18048 Listed on: 04/03/2015

Last Buyer's Agent

Neal Norman

Hawaii Life Brokerage Phone: 8086511777 License #RB-18048 Listed on: 04/03/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,479

Year Built

  • Built in 1946

Lot Details

  • Waterfront
  • Property fronts a county road
  • Landscaped
  • Level Lot
  • Grass Covered Lot

Parking

  • 1 Car Garage

Property Views

  • Ocean
  • Mountain

Home Design

  • Wood Frame Construction

Interior Spaces

  • 3,792 Sq Ft Home
  • Cathedral Ceiling
  • Range<<rangeHoodToken>>

Flooring

  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Waterfall on Lot

Utilities

  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • Hanalei Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 2
  • Assessor Parcel Number 4550020120000

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,479

Year Built

Built in 1946

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • ResoLotFeatures: Grassy, Landscaped
  • Attribution Contact: 8086511777
  • Co List Office Phone: 8006675028
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: HANALEI
  • Reso Interior Features: Cathedral Ceilings, High Ceilings
  • Living Area: 3792.0
  • Property Attached Yn: No
  • Year Built: 1946
  • Tax Year: 2010
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: County-No Charge
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: None
  • HIS_Easement: Other (remarks)
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Range, Refrigerator, Washer
  • Total Bedrooms: 7
  • Full Bathrooms: 4
  • Flooring: Ceramic Tile, Concrete
  • Total Bathrooms: 4
  • Design: Wood Frame

Exterior Features

  • Topography: Fairly Level
  • View: HIS Sunrise, HIS Sunset, HIS Waterfall, Mountain(s), Ocean
  • Waterfront: Yes
  • Roads: County, Paved

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Other

Utilities

  • Cooling: Cash
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Phone Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: O
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4550020120000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 33479.0
  • Tax Lot: 2

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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

Property History

Date Event Price Change Sq Ft Price
03/19/2021 03/19/21 Sold $29,999,000 -13.0% $7,911 / Sq Ft
02/09/2021 02/09/21 Pending -- -- --
01/11/2021 01/11/21 For Sale $34,500,000 +113.0% $9,098 / Sq Ft
02/15/2017 02/15/17 Off Market $16,200,000 -- --
11/17/2016 11/17/16 Sold $16,200,000 -45.7% $4,272 / Sq Ft
10/07/2016 10/07/16 Pending -- -- --
04/03/2015 04/03/15 For Sale $29,850,000 -- $7,872 / Sq Ft
Source: Hawaii Information Service (MLS Hawaii)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 283144

Hawaii Information Service (MLS Hawaii)