$1,600,000
$150K PRICE DROP

5451 Ka Haku Rd Unit 8 Princeville, HI 96722

Estimated payment $11,014/month

Total Views 10,615
2 Beds
2.5 Baths
1,244 Sq Ft
$1,286 Price per Sq Ft

Highlights

  • Ocean View
  • Wood Flooring
  • Stacked Washer and Dryer

About This Home

Nestled in the heart of Princeville, Hanalei Bay Villa #8 offers the perfect blend of modern elegance and natural beauty. This stand-alone, detached, 2-bedroom, 2.5-bathroom villa is a serene retreat featuring exquisite hardwood floors, updated bathrooms, and a beautiful kitchen with stainless steel appliances. Step onto the ipe lanais to take in the breathtaking views of the Makai Golf Course and the majestic Hanalei Mountains.

Conveniently located next door to the luxurious new 1 Hotel Hanalei Bay, you'll enjoy easy access to world-class restaurants, spa services, and more. Just steps from the villa, explore a path to Hideaways Beach, known for its crystal-clear waters and incredible snorkeling in summer and thrilling surf in winter. A second path leads you directly to the stunning Puu Poa Beach (the beach in front of the 1 Hotel), adding to your beachside adventures.

Located in the Visitor Designation Area (VDA), this property can operate as a short term rental giving you the flexibility to generate rental income and still maintain its availability for owner's use whenever desired.

From this ideal location, enjoy the convenience of world-class golfing, beaches, surfing, tennis, hiking, biking, shopping and dining. Also, the quintessential surf town of Hanalei and its iconic crescent beach are only a short drive down the road!

Listing Agent

Neal Norman

Hawaii Life Brokerage Phone: 8086511777 License #RB-18048 Listed on: 02/04/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,764

Year Built

  • Built in 1974

Lot Details

  • Property fronts a private road
  • Property is zoned RR-10

HOA Fees

  • $1,250 Monthly HOA Fees

Parking

  • Assigned Parking

Property Views

  • Ocean
  • Golf Course
  • Mountain

Home Design

  • 1,244 Sq Ft Home

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Stacked Washer and Dryer

Utilities

  • Underground Utilities
  • Private Water Source
  • Electric Water Heater

Community Details

  • Hanalei Bay Villas Community
  • Princeville Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4540120030008

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,764

Year Built

Built in 1974

Lot Details

0

HOA Fees

$1,250 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Ownership: CPR
  • MLS Status: A
  • Subdivision Name: PRINCEVILLE
  • Living Area: 1244.0
  • Property Attached Yn: No
  • Year Built: 1974
  • Tax Year: 2024
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Other (remarks)
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_WaterHeater: Electric
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave Hood, Range, Refrigerator, Washer/Dryer Stacked
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Flooring: Hardwood, Stone

Exterior Features

  • View: Golf Course, Mountain(s), Ocean, Waterfall
  • Waterfront: No
  • Roads: Paved, Private

Garage/Parking

  • Parking Features: Assigned

Utilities

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

Condo/Co-op/Association

  • Association Fee: 1250.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes
  • Project: HANALEI BAY VILLAS

Lot Info

  • Zoning: RR-10
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4540120030008

Tax Info

  • Tax Annual Amount: 15763.83

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $15,764 $1,266,600 -- $1,266,600
2024 $15,764 $1,379,900 -- $1,379,900
2023 $11,809 $1,198,900 $0 $1,198,900
2022 $9,820 $997,000 $0 $0
2021 $8,520 $865,000 $0 $0
2020 $8,322 $844,900 $0 $844,900
2019 $7,596 $759,000 $0 $759,000
2018 $4,518 $726,900 $0 $726,900
2017 $2,042 $630,200 $0 $630,200
2016 $4,762 $767,300 $0 $767,300
2015 $2,400 $773,700 $0 $0
2014 $4,306 $606,700 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/01/2025 10/01/25 Price Changed $1,600,000 -3.0% $1,286 / Sq Ft
08/21/2025 08/21/25 Price Changed $1,650,000 -2.9% $1,326 / Sq Ft
05/30/2025 05/30/25 Price Changed $1,700,000 -2.9% $1,367 / Sq Ft
02/04/2025 02/04/25 For Sale $1,750,000 +120.1% $1,407 / Sq Ft
10/25/2016 10/25/16 Sold $795,000 -0.5% $639 / Sq Ft View Prior Sale
08/15/2016 08/15/16 Pending -- -- --
08/02/2016 08/02/16 For Sale $799,000 +8.0% $642 / Sq Ft
05/03/2013 05/03/13 Sold $740,000 0.0% $595 / Sq Ft View Prior Sale
05/03/2013 05/03/13 Pending -- -- --
05/03/2013 05/03/13 For Sale $740,000 -- $595 / Sq Ft
Source: Hawaii Information Service (MLS Hawaii)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Deed $740,000 Or
Interfamily Deed Transfer -- Accommodation
Deed $435,000 Fam
Foreclosure Deed $639,000 None Available
Deed $730,000 Tg
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $326,250 New Conventional
Previous Owner $547,500 New Conventional
Closed $109,500 No Value Available
Source: Public Records

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 717520

Hawaii Information Service (MLS Hawaii)

APN: 4-5-4-012-003-0008