NOT LISTED FOR SALE

7342 Alealea Rd Hanalei, HI 96714

Wainiha Neighborhood
3 Beds
3 Baths
2,355 Sq Ft
0.41 Acres

Last Sold October 03, 2016

Last sale price $4,850,000 $2,059 Per Sq Ft

71 Days on Market

Highlights

  • Beach Front
  • Gated Community
  • <<doubleOvenToken>>
  • Ocean View
  • Vaulted Ceiling
  • 3 Car Attached Garage

About This Home

As of October 2016

Enjoy the ultimate beachfront setting at Kaonohi Point on the dramatic north shore of Kauai PRICED FOR A QUICK SALE. This is the only oceanfront opportunity with preferred west facing coastline and sunset views 10 minutes from Hanalei. Designed by renowned architect Ross Anderson, this custom 3 bedroom 3 bath residence showcases quality finishes with panoramic views from this unique Haena point location. The wide, white sand beach here is protected by a legendary reef point while also creating amazing privacy. Kite surfers and windsurfers are especially drawn to Kaonohi Point to launch and frequent the pristine, outer reefs. Swimming and fishing are enjoyed inside the sheltered azul water color cove just steps from the private beach trail. Actor Sylvester Stallone developed the premier Wainiha II project and designed this trophy flag lot for its wide, wrap around, beach frontage. Its no wonder celebrities retreat here. The gated entry and private driveway create an especially private and secluded feel. A cool, beach lounge area is really enjoyable after sunning on the beach across the manicured grounds. 2 finished garages are perfectly designed for both vehicles, water sports equipment, BBQ's, and work-out areas. Sold beautifully furnished and landscaped, its clear this is not a rental as its in like-new condition. Years of planning went into this newer, well-maintained home. Years of enjoyment can be yours today at Kaonohi Point.

Last Agent to Sell the Property

Michael Schmidt

Bali Hai Realty, Inc. Brokerage Phone: 8086526000 License #RB-15755 Listed on: 06/23/2016

Last Buyer's Agent

Neal Norman

Hawaii Life License #RB-18048

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,543

Year Built

  • Built in 2010

Lot Details

  • Beach Front
  • Property fronts a county road
  • Stone Wall
  • Wire Fence
  • Landscaped
  • Level Lot
  • Flag Lot
  • Property is zoned R-4

Parking

  • 3 Car Attached Garage

Property Views

  • Ocean
  • Coastline
  • Bay
  • Mountain

Home Design

  • Double Stud Wall

Interior Spaces

  • 2,355 Sq Ft Home
  • Vaulted Ceiling
  • Drapes & Rods
  • Blinds
  • Stone Flooring

Kitchen

  • <<doubleOvenToken>>
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Wine Cooler
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire Sprinkler System

Utilities

  • Underground Utilities
  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • Wainiha Subdivision
  • Gated Community

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 4580090450000

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,543

Year Built

Built in 2010

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Reso Fencing: Stone, Wire
  • Road Frontage Type: HIS Sandy Beach
  • ResoLotFeatures: Flag Lot, Landscaped
  • ResoSecurityFeatures: Closed Circuit Camera(s), Fire Sprinkler System, Gated Community, Security System
  • Attribution Contact: 8086526000
  • Co List Office Phone: 8088267244
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: WAINIHA
  • Reso Interior Features: High Ceilings, Vaulted Ceilings
  • Living Area: 2355.0
  • Property Attached Yn: No
  • Reso Window Features: Blinds, Drapes
  • Year Built: 2010
  • Tax Year: 2015
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: County-Charge
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: Cable
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Double Oven, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Cooler
  • Total Bedrooms: 3
  • Full Bathrooms: 3
  • Flooring: Stone
  • Total Bathrooms: 3
  • Design: Double Wall

Exterior Features

  • Topography: Level
  • View: Bay, HIS Coastline, HIS Sunset, Mountain(s), Ocean, Ocean Horizon
  • Waterfront: Yes
  • Roads: County, Graded

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Attached, Covered

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: R-4
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4580090450000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 21543.0
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2016
Closed on
Sep 22, 2016
Sold by
Brescia Joseph A
Bought by
Ellis Stephen and Stephen Ellis Revocable Trust
Seller's Agent
Michael Schmidt
Bali Hai Realty, Inc.
Buyer's Agent
Neal Norman
Hawaii Life
List Price
$5,250,000
Sold Price
$4,850,000
Premium/Discount to List
-$400,000
-7.62%

Purchase Details

Closed on
Oct 29, 2013
Sold by
Brescia Jodie A
Bought by
Brescia Joseph A

Purchase Details

Closed on
Jan 18, 2005
Sold by
Sarkar Soumyo and Huang Sarkar Chinyu
Bought by
Brescia Joseph A and Brescia Jodie A

Purchase Details

Closed on
Oct 25, 2004
Sold by
Brescia Joseph A and Brescia Jodie A
Bought by
Sarkar Soumyo and Huang Sarkar Chinyu

Purchase Details

Closed on
Feb 11, 2000
Sold by
Stallone Sylvester
Bought by
Brescia Joseph A and Brescia Jodie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$576,000
Interest Rate
8.16%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Ellis Stephen -- Or
Brescia Joseph A -- None Available
Brescia Joseph A $1,000 Title Guaranty Of Hawaii Inc
Sarkar Soumyo $1,900,000 --
Brescia Joseph A $960,000 First American Long & Melone
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stephen Ellis Revocable Trust $750,000
Open Ellis Stephen $2,750,000
Previous Owner Brescia Joseph A $606,000
Previous Owner Brescia Joseph A $596,700
Previous Owner Brescia Joseph A $650,000
Previous Owner Brescia Joseph A $576,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2016 10/03/16 Sold $4,850,000 -7.6% $2,059 / Sq Ft
09/02/2016 09/02/16 Pending -- -- --
06/23/2016 06/23/16 For Sale $5,250,000 -- $2,229 / 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 $40,808 $5,026,500 $3,848,500 $1,178,000
2024 $40,808 $5,114,000 $3,848,500 $1,265,500
2023 $60,078 $6,368,300 $3,848,500 $2,519,800
2022 $53,963 $5,717,800 $0 $0
2021 $38,087 $4,028,800 $0 $0
2020 $43,575 $4,612,700 $3,367,400 $1,245,300
2019 $24,316 $2,993,800 $2,255,000 $738,800
2018 $34,869 $4,304,700 $2,525,600 $1,779,100
2017 $28,883 $4,066,300 $2,525,600 $1,540,700
2016 $28,384 $3,995,500 $2,044,500 $1,951,000
2015 $10,772 $3,025,200 $0 $0
2014 -- $2,795,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Michael Schmidt

    Bali Hai Realty, Inc.

    (808) 652-6000

    9 in this area

    22 Total Sales

    Michael Schmidt
    Section Image

  • N

    Buyer's Agent in 2016

    Neal Norman

    Hawaii Life

    (808) 651-1777

    12 in this area

    105 Total Sales

    Neal Norman
    Section Image
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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 295545

Hawaii Information Service (MLS Hawaii)

APN: 4-5-8-009-045-0000

Hawaii Kauai County Hanalei 96714 Wainiha

7342 Alealea Rd, Hanalei, HI

This home is located at 7342 Alealea Rd, Hanalei, HI 96714 since 23 June 2016. This property was built in 2010. 7342 Alealea 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.

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.

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