NOT LISTED FOR SALE

5280 Ka Haku Rd Unit 236D Princeville, HI 96722

Estimated Value: $1,229,000 - $1,381,000

2 Beds
2 Baths
1,135 Sq Ft
$850/mo HOA Fee

Last Sold March 31, 2023

Last sale price $425,000 $374 Per Sq Ft

Est. 215% increase in value since last sale

Current estimated payment $8,503/month

36 Days on Market

Highlights

  • Ocean View
  • Outdoor Pool
  • Carpet
  • On Golf Course

About This Home

As of March 2023

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 don’t 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

Last Agent to Sell the Property

Ruth Marvin

Corcoran Pacific Properties Brokerage Phone: 8086524422 License #RB-17731 Listed on: 01/12/2023

Corcoran Pacific Properties

Last Buyer's Agent

Malia Powers

eXp Realty License #RS-52385

eXp Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1974

Lot Details

  • Property fronts a private road
  • On Golf Course

HOA Fees

  • $850 Monthly HOA Fees

Parking

  • Unassigned Parking

Property Views

  • Ocean
  • Golf Course
  • Garden

Interior Spaces

  • 1,135 Sq Ft Home
  • Carpet

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Front Loading Dryer
  • Front Loading Washer

Pool

  • Outdoor Pool

Utilities

  • Underground Utilities
  • Private Water Source
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 4540120090026
  • $400 Monthly special tax assessment

Community Details

Overview

  • Pali Ke Kua III Community
  • Princeville Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 1974

Lot Details

0

HOA Fees

$850 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Road Frontage Type: Almost Oceanfront, Golf Course
  • Attribution Contact: 8086524422
  • Co List Office Phone: 8085892040
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: PRINCEVILLE
  • Living Area: 1135.0
  • Property Attached Yn: Yes
  • Year Built: 1974
  • Tax Year: 2022
  • HIS_PoolYN: Yes
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_OtherBuildingArea: 106
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_SpecialAssessmentAmount: 400
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: Cable
  • HIS_WaterHeater: Electric
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

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

Exterior Features

  • View: Coastline, Garden, Golf Course, Ocean, Sunrise, Sunset
  • Waterfront: No
  • Roads: Private

Garage/Parking

  • Parking Features: Unassigned

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected, Underground Utilities
  • Water Source: Private

Condo/Co-op/Association

  • Association Fee: 850.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes
  • Project: PALI KE KUA III

Lot Info

  • Zoning: R-10
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4540120090026

Tax Info

  • Tax Annual Amount: 9135.88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 24, 2013
Sold by
Oversea Lion Company Limited
Bought by
Andrews Michael Vernon
Current Estimated Value
$1,338,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Outstanding Balance
$165,146
Interest Rate
4.32%
Mortgage Type
Seller Take Back
Estimated Equity
$1,173,539
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Andrews Michael Vernon $250,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andrews Michael Vernon $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/10/2024 10/10/24 Off Market $330,000 -- --
10/02/2024 10/02/24 Off Market $425,000 -- --
10/02/2023 10/02/23 Off Market $425,000 -- --
03/31/2023 03/31/23 Sold $425,000 0.0% $374 / Sq Ft
03/31/2023 03/31/23 Off Market $425,000 -- --
02/01/2023 02/01/23 Price Changed $425,000 -10.5% $374 / Sq Ft
01/09/2023 01/09/23 For Sale $475,000 +43.9% $419 / Sq Ft
06/09/2022 06/09/22 Off Market $330,000 -- --
03/11/2022 03/11/22 Sold $330,000 -2.7% $291 / Sq Ft View Prior Sale
01/31/2022 01/31/22 Pending -- -- --
04/02/2021 04/02/21 For Sale $339,000 -- $299 / 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 $6,654 $1,389,400 -- $1,389,400
2024 $6,654 $1,220,900 -- $1,220,900
2023 $10,160 $1,031,500 $0 $1,031,500
2022 $9,136 $927,500 $0 $0
2021 $6,593 $669,300 $0 $0
2020 $6,751 $685,400 $0 $685,400
2019 $5,870 $595,900 $0 $595,900
2018 $5,755 $584,300 $0 $584,300
2017 $5,806 $656,100 $0 $656,100
2016 $6,066 $685,400 $0 $685,400
2015 $2,743 $619,900 $0 $0
2014 $3,813 $562,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Ruth Marvin

    Corcoran Pacific Properties

    (808) 652-4422

    24 in this area

    38 Total Sales

    Ruth Marvin
    Section Image

  • M

    Buyer's Agent in 2023

    Malia Powers

    eXp Realty

    (808) 651-1010

    9 in this area

    35 Total Sales

    Malia Powers
    Section Image

  • B

    Buyer Co-Listing Agent in 2023

    Bruce Whale

    COMPASS

    (808) 639-2673

    5 in this area

    20 Total Sales

    Bruce Whale
    Section Image
  • Michael Ambrose

    Buyer's Agent in 2022

    Michael Ambrose

    Keller Williams Honolulu

    (808) 855-0777

    3 in this area

    75 Total Sales

    Michael Ambrose
    Section Image
See All Agents

Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 701351

Hawaii Information Service (MLS Hawaii)

APN: 4-5-4-012-009-0026

Hawaii Kauai County Princeville 96722

5280 Ka Haku Rd Unit 236D, Princeville, HI

This home is located at 5280 Ka Haku Rd Unit 236D, Princeville, HI 96722 since 12 January 2023 and is currently estimated at $1,338,685, approximately $1,179 per square foot. This property was built in 1974. 5280 Ka Haku Rd Unit 236D 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.

Nearby Homes