Hawaii Living

Hanalei Bay Resort #M26 (1557/1558) (Princeville)

5380 HONOIKI RD #M26 (1557/1558), Princeville

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Description
This elegant vacation rental currently rents from $269 - $389 per night. So far, rental income is already at an impressive $92,234.00 as of August 22, 2019! The Gross Rental Income is a whopping $122,254 for the same period! Seller can provide 3 years of rental figures to demonstrate investment return history.

The most private and serene condo at the resort. Once inside this spacious condo, you'll feel like you're staying in a remote residence with views of only jungle and mountains. Located in the smallest building at the Resort it will seem that you have Hanalei Bay Resort, if not the entire island, to yourself. This is an extremely well renovated, turn key, top floor condo in a quiet location within the resort. This condo has wonderful mountain and waterfall views from the recently tiled lanai.

Not only was a full renovation done two years ago, but the property has been upgraded since. Estimated renovation costs are north of $100,000. 1558 has a very comfortable Murphy bed, very well equipped kitchen, new stacked washer/dryer, and stunning bathroom.1557 has a King bed, new bathroom also, and a Butlers pantry with under counter refrigerator, coffee maker, blender and electric hot water kettle. This is close by the main pool and sand bottom hot tub. Barbecues are close by behind the tennis pro shop. Enjoy all the facilities of the resort with two pools, eight tennis courts, two barbecue areas, hospitality room, fitness center, and a wide path to the beach s
Past Activity
  • Oct 04, 2019 Sold for $574,000
  • Sep 06, 2019 Under Contract
  • Oct 07, 2018 Listed at $574,000
More Details
  • HOA Fees / ft²: $2.54
  • Price / ft²: $662
  • Zoning: RR-10
  • View: HIS Waterfall, Mountain(s)
  • Amenities: Dishwasher, Disposal, Dryer, HIS Microwave Hood, Microwave, Range, Refrigerator, Washer, Washer/Dryer Stacked
  • TMK: 4540110030078
  • Tax Assessed Value: $502,000
  • Courtesy: Vacation Realty Hawaii LLC
  • MLS: 622083
Good to Know
Note: This page displays all condos for sale in Hanalei Bay Resort.
MLS properties and information provided herein is deemed reliable but is not guaranteed by the Hawaii Information Service, Inc. Listing Service. © 2024 Hawaii Information Service. All Rights Reserved. This website is for personal, non-commercial use only. Listings last updated on December 21, 2024.
Other Hanalei Bay Resort Listings
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$1,129,000
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$1,595,000
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$2,195,000
Hanalei Bay Resort #J33
2 Bds | 2 Ba
1,324 ft²
Other Princeville Condos
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$699,000
Princeville Sealodge #B8
1 Bd | 1 Ba
570 ft²
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$675,000
Hanalei Colony Resort #C4
2 Bds | 1 Ba
850 ft²
  • Sold 10/4/19 at $574,000
    (List Price: $574,000)
Description
This elegant vacation rental currently rents from $269 - $389 per night. So far, rental income is already at an impressive $92,234.00 as of August 22, 2019! The Gross Rental Income is a whopping $122,254 for the same period! Seller can provide 3 years of rental figures to demonstrate investment return history.

The most private and serene condo at the resort. Once inside this spacious condo, you'll feel like you're staying in a remote residence with views of only jungle and mountains. Located in the smallest building at the Resort it will seem that you have Hanalei Bay Resort, if not the entire island, to yourself. This is an extremely well renovated, turn key, top floor condo in a quiet location within the resort. This condo has wonderful mountain and waterfall views from the recently tiled lanai.

Not only was a full renovation done two years ago, but the property has been upgraded since. Estimated renovation costs are north of $100,000. 1558 has a very comfortable Murphy bed, very well equipped kitchen, new stacked washer/dryer, and stunning bathroom.1557 has a King bed, new bathroom also, and a Butlers pantry with under counter refrigerator, coffee maker, blender and electric hot water kettle. This is close by the main pool and sand bottom hot tub. Barbecues are close by behind the tennis pro shop. Enjoy all the facilities of the resort with two pools, eight tennis courts, two barbecue areas, hospitality room, fitness center, and a wide path to the beach s
    MLS properties and information provided herein is deemed reliable but is not guaranteed by the Hawaii Information Service, Inc. Listing Service. © 2024 Hawaii Information Service. All Rights Reserved. This website is for personal, non-commercial use only. Listings last updated on December 21, 2024.
    • Oct 04, 2019 Sold for $574,000
    • Sep 06, 2019 Under Contract
    • Oct 07, 2018 Listed at $574,000
    Note: This page displays all condos for sale in Hanalei Bay Resort.
    Other Hanalei Bay Resort Listings
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    $1,129,000
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    $1,595,000
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    $2,195,000
    Hanalei Bay Resort #J33
    2 Bds | 2 Ba
    1,324 ft²
     
    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.