$16,500,000
SOLD JUN 7, 2021

5372 Weke Rd Unit 2 Hanalei, HI 96714

5 Beds
5 Baths
2,992 Sq Ft
0.74 Acres

Recently Sold

$5,515 Per Sq Ft

183 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • Level Lot
  • Waterfall on Lot
  • Zoned Heating and Cooling
  • 2-minute walk to Hanelei Beach

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.

Last Agent to Sell the Property

Jacqueline Shockley

Aloha Sotheby's International - Kauai Brokerage Phone: 8086358889 License #RS-76726 Listed on: 11/02/2020

Aloha Sotheby's International - Kauai

Last Buyer's Agent

Steve Searby

Bali Hai Realty, Inc. License #RS-60296

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $130,294

Year Built

  • Built in 1924

Lot Details

  • Property fronts a county road
  • Level Lot

Parking

  • Unassigned Parking

Property Views

  • Ocean
  • Coastline
  • Bay
  • Mountain
  • Garden

Interior Spaces

  • 2,992 Sq Ft Home
  • Drapes & Rods
  • Blinds

Kitchen

  • Gas Cooktop
  • <<microwave>>
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Slate Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Waterfall on Lot

Utilities

  • Zoned Heating and Cooling
  • Septic Tank

Community Details

  • Hanalei Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 6
  • Assessor Parcel Number 4550030080000

Home Details

Home Type

Single Family

Est. Annual Taxes

$130,294

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • ResoSecurityFeatures: See Remarks
  • Attribution Contact: 8086358889
  • Co List Office Phone: 8088267211
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: HANALEI
  • Living Area: 2992.0
  • Property Attached Yn: No
  • Reso Window Features: Blinds, Drapes
  • Year Built: 1924
  • Tax Year: 2020
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: County-Charge
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Cooktop, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 5
  • Full Bathrooms: 5
  • Flooring: Hardwood, Laminate, Slate
  • Total Bathrooms: 5

Exterior Features

  • Topography: Fairly Level
  • View: Bay, Garden, HIS Coastline, HIS Sunset, HIS Waterfall, Mountain(s), Ocean, Ocean Horizon
  • Waterfront: No
  • Roads: County

Garage/Parking

  • Parking Features: Unassigned

Utilities

  • Cooling: Cash, HIS Air Conditioning, Zoned
  • Heating: Zoned
  • Sewer: Septic Tank
  • Utilities: Natural Gas Available

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: O
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4550030080000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 130294.0
  • Tax Lot: 6

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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
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
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: 643460

Hawaii Information Service (MLS Hawaii)