NOT LISTED FOR SALE

5372 Weke Rd Unit 2 Hanalei, HI 96714

5 Beds
5 Baths
2,992 Sq Ft
0.74 Acres

Last Sold June 07, 2021

Last sale price $16,500,000 $5,515 Per Sq Ft

About This Home

As of June 2021

Hanalei Bay front and center multi-family estate! 2 Homes on 2 Lots with 2 separate TMK's, and 2 active Vacation Rental Permits. Double your pleasure and fortune with this incredible opportunity to acquire two of the most iconic and historic Hanalei Bay beach properties.

Main house sits on a 20,577 sq. foot lot and consists of 3 bedrooms and 3 bathrooms, a recreation pavilion, a bbq pavilion, and a standalone laundry pavilion. It has been expertly restored while maintaining the traditional Hawaiian feel and is loaded with old-world character and charm throughout, delivering a true and authentic Kauai experience.

Second house sits on an adjacent and separate 12,067 sq. foot lot and consists of 2 bedrooms and 1 bathroom upstairs. Downstairs you'll find a garage as well as a manager's office with another bathroom. It also boasts views of Hanalei Bay, mountains, waterfalls and was constructed to match the charm and class of the main house.

Hale Ola, meaning "House of Health," was originally built for the first doctor on Kauai's stunning North Shore in the 1920s. This Hanalei Bay oceanfront property is situated on a rolling expanse of lawn next to the world-renowned Pinetree's beach park and famous surf breaks. Incredible sunset views expand from Hanalei Pier to countless waterfalls and majestic mountain ridge-lines known as Hihimanu, Namolokama and Mamalahoa. There are covered lanais throughout both homes to enjoy outdoor living. Both homes serve as active and successful vacation rentals. Future confirmed reservations to be honored.

Offering consists of two TVR-NC licensed homes on two separate lots being sold together. TMKs are 4-5-5-3-8 and 4-5-5-3-39.

Range of Values:

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Average Value
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List Price
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 Change Sq Ft Price
09/06/2021 09/06/21 Off Market $16,500,000 -- --
06/07/2021 06/07/21 Sold $16,500,000 0.0% $5,515 / Sq Ft
05/04/2021 05/04/21 Pending -- -- --
11/02/2020 11/02/20 For Sale $16,500,000 -- $5,515 / Sq Ft

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jacqueline Shockley

    Aloha Sotheby's International - Kauai

    (808) 635-8889

    32 Total Sales

    Jacqueline Shockley
    Section Image

  • S

    Buyer's Agent in 2021

    Steve Searby

    Bali Hai Realty, Inc.

    (808) 652-4880

    20 Total Sales

    Steve Searby
    Section Image
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Map

Hawaii Kauai County Hanalei 96714

5372 Weke Rd Unit 2, Hanalei, HI

This home is located at 5372 Weke Rd Unit 2, Hanalei, HI 96714. 5372 Weke Rd Unit 2 is a home located in Kauai County with nearby schools including Hanalei Elementary School, Kapa'a Middle School, and Kapa'a High School.

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