$14,000,000
SOLD OCT 23, 2020

5380 Weke Rd Hanalei, HI 96714

6 Beds
5 Baths
3,416 Sq Ft
0.39 Acres

Recently Sold

$4,098 Per Sq Ft

12% Below List Price

301 Days on Market

Highlights

  • Ocean Front
  • Grass Covered Lot
  • 2-minute walk to Hanelei Beach
  • Level Lot

About This Home

As of October 2020

This Hanalei beachfront compound is totally turnkey. It features two completely renovated and immaculately designed, licensed vacation rental homes in the heart of Hanalei Bay The spacious 4 bedroom / 3 bath main house enjoys incredible views of Hanalei Bay across its 3,582 sqft of interior + covered lanai living areas, and the 2 bedroom / 2 bath guest cottage with 2,015 sqft of living area offers fantastic views of Hanalei's mountains and waterfalls.

This is the ultimate Kauai lifestyle offering. Numerous surf breaks are right out the front door, and Hanalei's quaint surf town amenities are a short walk away. Don't forget - Princeville's famed golf and tennis are only a five minute drive away.

Last Agent to Sell the Property

Neal Norman

Hawaii Life Brokerage Phone: 8086511777 License #RB-18048 Listed on: 11/11/2019

Last Buyer's Agent

Neal Norman

Hawaii Life Brokerage Phone: 8086511777 License #RB-18048 Listed on: 11/11/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $56,192

Year Built

  • Built in 1979

Lot Details

  • Ocean Front
  • Property fronts a county road
  • Level Lot
  • Grass Covered Lot

Parking

  • Unassigned Parking

Interior Spaces

  • 3,416 Sq Ft Home
  • Ocean Views

Kitchen

  • Range<<rangeHoodToken>>
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Septic Tank
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • Hanalei Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 8-A
  • Assessor Parcel Number 4550030060000

Home Details

Home Type

Single Family

Est. Annual Taxes

$56,192

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Road Frontage Type: HIS Almost Oceanfront
  • ResoLotFeatures: Grassy
  • Attribution Contact: 8086511777
  • Co List Office Phone: 8006675028
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: HANALEI
  • Living Area: 3416.0
  • Property Attached Yn: No
  • Year Built: 1979
  • Tax Year: 2018
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: County-Charge
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: Cable, Wireless
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Total Bedrooms: 6
  • Full Bathrooms: 5
  • Total Bathrooms: 5

Exterior Features

  • Topography: Level
  • View: Ocean
  • Waterfront: No
  • Roads: County

Garage/Parking

  • Parking Features: Unassigned

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: O
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4550030060000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 56192.0
  • Tax Lot: 8-A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2019
Closed on
Oct 14, 2020
Sold by
Leontine Llc
Bought by
5380 Weke Llc
Seller's Agent
Neal Norman
Hawaii Life
Buyer's Agent
Neal Norman
Hawaii Life
List Price
$15,900,000
Sold Price
$14,000,000
Premium/Discount to List
-$1,900,000
-11.95%
Current Estimated Value
$10,841,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,158,602
Avg. Annual Appreciation
-5.25%

Purchase Details

Listed on
Apr 13, 2015
Closed on
Nov 4, 2016
Sold by
Lmcd Llc
Bought by
Leontine Llc
Seller's Agent
Tiffany Spencer
Hawaii Life
Buyer's Agent
Neal Norman
Hawaii Life
List Price
$12,500,000
Sold Price
$10,400,000
Premium/Discount to List
-$2,100,000
-16.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.86%
Original Mortgage
$6,000,000
Interest Rate
3.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 25, 2011
Sold by
Wisen Craig H and Wisen David P
Bought by
Lmcd Llc

Purchase Details

Closed on
Mar 24, 2011
Sold by
Wisen Matthew and Wisen Laura
Bought by
Wisen Craig H and Wisen David P

Purchase Details

Closed on
Dec 12, 2007
Sold by
Wisen Matthew
Bought by
Wisen Matthew and Wisen Laura
Source: Public Records

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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

Purchase History

Date Type Sale Price Title Company
Warranty Deed $14,000,000 Tg
Warranty Deed -- Or
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $7,500,000 New Conventional
Previous Owner $6,000,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2021 01/21/21 Off Market $14,000,000 -- --
10/23/2020 10/23/20 Sold $14,000,000 -11.9% $4,098 / Sq Ft
09/07/2020 09/07/20 Pending -- -- --
11/11/2019 11/11/19 For Sale $15,900,000 +52.9% $4,655 / Sq Ft
02/15/2017 02/15/17 Off Market $10,400,000 -- --
11/17/2016 11/17/16 Sold $10,400,000 -16.8% $2,926 / Sq Ft
08/22/2016 08/22/16 Pending -- -- --
04/13/2015 04/13/15 For Sale $12,500,000 -- $3,517 / 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 $166,252 $13,669,600 $12,249,500 $1,420,100
2024 $166,252 $13,756,300 $12,249,500 $1,506,800
2023 $132,523 $13,454,100 $9,799,600 $3,654,500
2022 $127,108 $12,904,400 $0 $0
2021 $118,349 $12,015,100 $0 $0
2020 $116,025 $11,779,200 $7,513,000 $4,266,200
2019 $101,443 $10,298,800 $7,200,000 $3,098,800
2018 $49,942 $5,704,800 $5,047,800 $657,000
2017 $49,942 $5,643,200 $5,047,800 $595,400
2016 $49,746 $5,621,000 $5,047,800 $573,200
2015 -- $4,343,400 $0 $0
2014 -- $4,295,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2020

    Neal Norman

    Hawaii Life

    (808) 651-1777

    105 Total Sales

    Neal Norman
    Section Image

  • T

    Seller's Agent in 2016

    Tiffany Spencer

    Hawaii Life

    (808) 652-5264

    34 Total Sales

    Tiffany Spencer
    Section Image
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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 634037

Hawaii Information Service (MLS Hawaii)

APN: 4-5-5-003-006-0000

Hawaii Kauai County Hanalei 96714

5380 Weke Rd, Hanalei, HI

This home is located at 5380 Weke Rd, Hanalei, HI 96714 and is currently priced at $14,000,000, approximately $4,098 per square foot. This property was built in 1979. 5380 Weke Rd 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.

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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.

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