This unique income producing property located on approximately 2.32 acres, includes five charming plantation style cottages and a well maintained building with retail and restaurant tenants with approximately 294 feet of frontage on Kuhio Hwy and bordering the Hanalei River.
The Hanalei Dolphin Center, a landmark in the community, is approximately 7204 square feet is the first property you’ll see on the way to Hanalei town from Princeville. It includes 3 street front retail shops and the popular Hanalei Dolphin Restaurant and Fish Market.
The five cottages are known as The Hanalei Dolphin Cottages. Four of the five cottages are currently rented as short term vacation rentals with Kauai County TVR (Transient Vacation Rental) permits in place. Three of the cottages offer 528 sq ft of living area and the two larger cottages offer 704 sqft of living area. Each cottage features two bedrooms and one full size bath and a private outdoor shower. Each Cottage has its own unobstructed view of the river in one direction and the mountains and waterfalls in the opposite direction.
The property sits along the main strip of shopping, dining and other amenities that give the town of Hanalei its beloved character. The Hanalei River bordering the property is designated an American Heritage River and the famous Hanalei Bay is only a few minutes away by car or canoe.
This rare opportunity awaits, have your slice of paradise today!
Past Activity
Dec 09, 2022 Sold for $10,300,000
Jul 21, 2022 Under Contract
Sep 03, 2021 Listed at $15,000,000
More Details
Price / ft²: $1,005
Zoning: O
Amenities: Dryer, Electric Cooktop, Gas Cooktop, Microwave, HIS Microwave Hood, Oven, Range, Refrigerator, Washer
TMK: 4550100670000
Tax Assessed Value: $4,752,300
Courtesy: Hawaii Life
MLS: 653999
Good to Know
Note: This page displays all real estate for sale in Hanalei - homes & condos.
Sold 12/9/22 at $10,300,000 (List Price: $15,000,000)
Description
This unique income producing property located on approximately 2.32 acres, includes five charming plantation style cottages and a well maintained building with retail and restaurant tenants with approximately 294 feet of frontage on Kuhio Hwy and bordering the Hanalei River.
The Hanalei Dolphin Center, a landmark in the community, is approximately 7204 square feet is the first property you’ll see on the way to Hanalei town from Princeville. It includes 3 street front retail shops and the popular Hanalei Dolphin Restaurant and Fish Market.
The five cottages are known as The Hanalei Dolphin Cottages. Four of the five cottages are currently rented as short term vacation rentals with Kauai County TVR (Transient Vacation Rental) permits in place. Three of the cottages offer 528 sq ft of living area and the two larger cottages offer 704 sqft of living area. Each cottage features two bedrooms and one full size bath and a private outdoor shower. Each Cottage has its own unobstructed view of the river in one direction and the mountains and waterfalls in the opposite direction.
The property sits along the main strip of shopping, dining and other amenities that give the town of Hanalei its beloved character. The Hanalei River bordering the property is designated an American Heritage River and the famous Hanalei Bay is only a few minutes away by car or canoe.
This rare opportunity awaits, have your slice of paradise today!
You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
Buyer and Seller have reached an agreement and are under contract. However, the sale is still subject to one or more contingencies.
We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, we can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000. Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
Other fees could be a special assessment, reserve contributions etc.
DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
