NOT LISTED FOR SALE

7356 Alealea Rd Hanalei, HI 96714

Wainiha Neighborhood

Estimated Value: $5,007,000 - $9,201,000

4 Beds
4.5 Baths
3,212 Sq Ft
$2,189/Sq Ft Est. Value

Last Sold October 25, 2015

Last sale price $5,450,000 $1,697 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $45,691/month

113 Days on Market

Highlights

  • Beach Front
  • Wood Flooring
  • Level Lot
  • Ocean View
  • Attached Garage

About This Home

As of October 2015

PRICE REDUCTION. A rare opportunity to own this exclusive beachfront home located on one of the most desirable white sand beaches on Kauai.
The Banana Beach House is a Hawaiian Plantation style home offering an open and inviting floor plan. This home provides two en-suite master bedrooms with A/C, and two en-suite guest bedrooms plus powder room. The kitchen is a cook's dream with a large central island, two sinks, wine refrigerator, beverage ice machine, and top of the line appliances. There is dining indoors and out, and the large beach side lanai is built for comfortable lounging and dining. Hanging baskets filled with tropical flowering plants, water pots, and fountains compliment the entry path. The yard is a lush Hawaiian paradise with water pots, ginger, hibiscus, swaying palms, and a lawn that stretches to the sand. This home is located on a stunning white sand cove with famous Makua Beach (Tunnels) just a short stroll away. It is just a few minutes to the "end of the road" at Ke'e Beach and the start of the breathtaking Kalalau Trail and the famed Napali Coast.
The Banana Beach House is a well-loved and highly maintained home that is being sold fully furnished. It is a very successful permitted vacation rental.

Last Agent to Sell the Property

Holly Lazo

Kauai Island Real Estate, Co. Brokerage Phone: 8083463901 License #RB-20569 Listed on: 05/15/2015

Last Buyer's Agent

Amy Frazier

Hawaii Life License #RB-23453

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,769

Year Built

  • Built in 2006

Lot Details

  • Beach Front
  • Property fronts a county road
  • Chain Link Fence
  • Level Lot
  • Unpaved Streets
  • Property is zoned R-4

Parking

  • Attached Garage

Home Design

  • Double Stud Wall

Interior Spaces

  • 3,212 Sq Ft Home
  • Wood Flooring
  • Ocean Views

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

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

Community Details

  • Wainiha Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 2
  • Assessor Parcel Number 4580090410000

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,769

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Reso Fencing: Chain Link
  • Road Frontage Type: HIS Sandy Beach
  • Road Frontage Type: HIS Road/Street
  • Attribution Contact: 8083463901
  • Co List Office Phone: 8088261111
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: WAINIHA
  • Living Area: 3212.0
  • Property Attached Yn: No
  • Year Built: 2006
  • Tax Year: 2014
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: County-Charge
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: Cable, DSL, Wireless
  • HIS_Easement: None
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 4
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Flooring: Hardwood
  • Total Bathrooms: 4
  • Design: Double Wall

Exterior Features

  • Topography: Level
  • View: Ocean
  • Waterfront: Yes
  • Roads: County, Unpaved

Garage/Parking

  • Parking Features: Attached

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: R-4
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4580090410000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 32769.0
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2015
Closed on
Oct 6, 2015
Sold by
Ak Dacha Llc
Bought by
Banana House Llc
Seller's Agent
Holly Lazo
Kauai Island Real Estate, Co.
Buyer's Agent
Amy Frazier
Hawaii Life
List Price
$5,790,000
Sold Price
$5,450,000
Premium/Discount to List
-$340,000
-5.87%
Current Estimated Value
$7,030,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,580,620
Avg. Annual Appreciation
2.33%

Purchase Details

Closed on
Sep 22, 2008
Sold by
Bohan William Sean and Bantugan Bohan Christy C
Bought by
Ak Dacha Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 27, 2008
Sold by
Fam Billings Candice K
Bought by
Bohan William Sean and Bantugan Bohan Christy C

Purchase Details

Closed on
Mar 10, 2008
Sold by
Hunter Matt and Hunter Charlotte
Bought by
Hunter Matt and Hunter Charlotte

Purchase Details

Closed on
Mar 7, 2007
Sold by
B & S Beach Club Llc
Bought by
Bohan William Sean and Bantugan Bohan Christy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 4, 2005
Sold by
C R Stephens Properties Llc
Bought by
B & S Beach Club Llc and Banana Beach Llc

Purchase Details

Closed on
Dec 1, 1999
Sold by
Stallone Sylvester
Bought by
C R Stephens Properties Llc
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
Banana House Llc $5,450,000 Tg
Ak Dacha Llc $5,000,000 Fhtc
Bohan William Sean -- Accommodation
Hunter Matt $352,000 Tg
Bohan William Sean $1,000 First American Title Insuran
B & S Beach Club Llc $1,800,000 Tg
C R Stephens Properties Llc $775,000 First American Long & Melone
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ak Dacha Llc $3,500,000
Previous Owner Bohan William Sean $1,500,000
Previous Owner B & S Beach Club Llc $250,000
Previous Owner B & S Beach Club Llc $925,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2015 10/25/15 Sold $5,450,000 -5.9% $1,697 / Sq Ft
09/05/2015 09/05/15 Pending -- -- --
05/15/2015 05/15/15 For Sale $5,790,000 -- $1,803 / 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 $82,349 $6,715,500 $4,029,700 $2,685,800
2024 $82,349 $6,879,000 $4,029,700 $2,849,300
2023 $72,591 $7,369,600 $4,029,700 $3,339,900
2022 $66,655 $6,767,000 $0 $0
2021 $46,675 $4,738,600 $0 $0
2020 $52,905 $5,371,100 $3,526,000 $1,845,100
2019 $29,278 $3,637,000 $2,361,100 $1,275,900
2018 $48,096 $4,882,800 $2,644,500 $2,238,300
2017 $43,712 $4,939,200 $2,644,500 $2,294,700
2016 $42,570 $4,810,200 $2,140,800 $2,669,400
2015 $15,595 $3,524,200 $0 $0
2014 -- $3,702,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2015

    Holly Lazo

    Kauai Island Real Estate, Co.

    (808) 826-1111

    1 Total Sale

    Holly Lazo
    Section Image
  • Amy Frazier

    Buyer's Agent in 2015

    Amy Frazier

    Hawaii Life

    (808) 639-9011

    4 in this area

    60 Total Sales

    Amy Frazier
    Section Image
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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 284425

Hawaii Information Service (MLS Hawaii)

APN: 4-5-8-009-041-0000

Hawaii Kauai County Hanalei 96714 Wainiha

7356 Alealea Rd, Hanalei, HI

This home is located at 7356 Alealea Rd, Hanalei, HI 96714 since 15 May 2015 and is currently estimated at $7,030,620, approximately $2,188 per square foot. This property was built in 2006. 7356 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.

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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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