$339,000
Estimated Payment$1,601/mo
Condo For Sale

5280 Ka Haku Rd #236, Princeville, HI 96722

2Beds
2Baths
2-Bedroom Condo In Princeville

Leasehold property. Beautiful Ocean and Golf course view Condo at Pali Ke Kua, Princeville, Kauai! Pali Ke Kua #236 is a 2BR/2BR top floor unit with great views and tropical breezes facing north-east! Drink a cup of coffee in the morning sun on the covered lanai and watch the humpback whales frolic in the blue Pacific, enjoy a Mai Tai and a delicious outdoor Bbq in the cool evenings. Pali Ke Kua is a popular vacation rental destination, and this unit has been used as a short-term rental for many years managed by Kauai Vacation Rentals. The condo makes a great second home on Kauai and is sold fully furnished. On-site amenities include a hot tub and swimming pool area, a private paved path to a sandy cove below, a dinner restaurant called Hideaways Pizza Pub, and mature tropical landscaping throughout. A short stroll down the road takes you to the #1 Hotel Hanalei Bay which is scheduled to reopen in spring of 2022. The Makai Tennis and Golf Facility is located a few minutes up the road. Walking and bike-riding trails throughout the Princeville Resort Community lead all the way up to the Princeville Shopping Center. This property is in Leasehold ownership (you dont own the proportionate land that belongs to this unit) and the lease rent terms are as follows: Current lease rent until 2025: $1,483.42 per month ($8,900.52 paid two times per year, total lease rent $17,801.04) Next lease renegotiation: 2025 (for another 10-year term) Lease expiration: 2040 (surrender clause applies, currently the leased fee interest is not for sale) Lessor: Medusky & Co. Inc. Honolulu

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5280 Ka Haku Rd #236
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Location
5280 Ka Haku Rd #236 Princeville, HI 96722
Home Details

Interior Details

Rooms

  • Full Bathrooms: 2

    General

    • Fireplace : Yes

      Utilities

      • Heating: Yes
      • Cooling: Yes

      Property Details

      Construction Details

      • Architectural Style: Other Style

        Parking

        • Garage: Yes

          MLS Details

          General

          • Days on Homes.com: 250
          • MLS Number: 648413
          • Listed: 4/2/2021
          • Last Updated: 10/13/2021
          • Offered By: Corcoran Pacific Properties
          • Listing Source: Realogy Corcoran
          Monthly Payment Calculator

          $1,601

          Estimated Mortgage
          Principal & Interest
          $1,143
          Insurance
          $119
          Taxes
          $339
          Mortgage Insurance
          $0
          i
          Include PMI: Private Mortgage Insurance (PMI) is required by lenders if the down payment is less than 20% of the home price. It is recommended to include this field if your down payment is less than 20% of the home price.
          i
          If you or your spouse are active or retired military you may be eligible for special VA loan programs for veterans. The VA loan programs include benefits like no down payment and no private mortgage insurance (PMI).
          Nearby Schools
          • Hanalei Elementary School
            Class size: 14Distance: 1.89 mi
            A-
          • Kapaa Middle School
            Class size: 20Distance: 14.44 mi
            C
          • Kapaa High School
            Class size: 15Distance: 14.60 mi
            B
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          Listing Agent
          Ruth Marvin
          Corcoran Pacific Properties
          Princeville, HI
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          $339,000

          2 Beds2 Baths

          5280 Ka Haku Rd #236

          Princeville, HI 96722

          Ruth Marvin
          Corcoran Pacific Properties