Hawaii Living

Plantation Hale #J5 (Kapaa)

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525 ALEKA LP #J5, Kapaa

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Description
This recently upgraded ocean-facing Plantation Hale condo is located on the ground floor of the quiet side of the complex with a true ocean view. Only a dozen steps from parking and right by one of the three pools on the property, it’s an active income-generating vacation rental with consistent bookings and repeat guests. As a one bedroom end unit, it includes extra ventilation with more windows, a full size kitchen, newly installed flooring in the living room and bedroom, all new bathroom fixtures, a brand new AC unit, new memory foam queen beds, two new flat screen smart TVs and a WiFi smart locking system, making it a turn-key investment opportunity.

The unit comes fully furnished and equipped with everything you or your guests may need: fully stocked kitchen with all small appliances, extra bedding, extra towels, beach gear, vacuum, etc. Right next to the shopping and dining of Coconut Marketplace, the location is also convenient for linking up with the oceanfront Kauai Path for a stroll or bike ride. Currently, the unit is privately managed with a transferable calendar of bookings and high revenue potential. Options for on-site management are also available.
Past Activity
  • Oct 25, 2024 Sold for $490,000
  • Sep 10, 2024 Under Contract
  • Jul 21, 2024 Listed at $499,000
  • Oct 08, 2021 Sold for $350,050
  • Sep 15, 2021 Under Contract
  • Aug 31, 2021 Listed at $309,000
More Details
  • HOA Fees / ft²: $2.10
  • Price / ft²: $774
  • Zoning: RR-20
  • View: Ocean
  • Amenities: Disposal, Microwave, Range, Range Hood, Refrigerator
  • TMK: 4430020170133
  • Tax Assessed Value: $471,300
  • Courtesy: NextHome Pacific RE
  • MLS: 712715
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 Plantation Hale Listings
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$485,000
Plantation Hale #B16
1 Bd | 1 Ba
633 ft²
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$515,000
Plantation Hale #H8
1 Bd | 1 Ba
633 ft²
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$515,000
Plantation Hale #G9
1 Bd | 1 Ba
633 ft²
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$475,000
Plantation Hale #K3
1 Bd | 1 Ba
633 ft²
Other Kapaa Condos
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$455,000
Islander On The Beach #169
Studio | 1 Ba
372 ft²
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$598,000
Kawaihau Sports Villa #E201
2 Bds | 2 Ba
991 ft²
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$650,000
Pono Kai #H104
1 Bd | 1 Ba
644 ft²
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$529,000
Islander On The Beach #241
Studio | 1 Ba
372 ft²
  • Sold 10/25/24 at $490,000
    (List Price: $499,000)
Description
This recently upgraded ocean-facing Plantation Hale condo is located on the ground floor of the quiet side of the complex with a true ocean view. Only a dozen steps from parking and right by one of the three pools on the property, it’s an active income-generating vacation rental with consistent bookings and repeat guests. As a one bedroom end unit, it includes extra ventilation with more windows, a full size kitchen, newly installed flooring in the living room and bedroom, all new bathroom fixtures, a brand new AC unit, new memory foam queen beds, two new flat screen smart TVs and a WiFi smart locking system, making it a turn-key investment opportunity.

The unit comes fully furnished and equipped with everything you or your guests may need: fully stocked kitchen with all small appliances, extra bedding, extra towels, beach gear, vacuum, etc. Right next to the shopping and dining of Coconut Marketplace, the location is also convenient for linking up with the oceanfront Kauai Path for a stroll or bike ride. Currently, the unit is privately managed with a transferable calendar of bookings and high revenue potential. Options for on-site management are also available.
    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 25, 2024 Sold for $490,000
    • Sep 10, 2024 Under Contract
    • Jul 21, 2024 Listed at $499,000
    • Oct 08, 2021 Sold for $350,050
    • Sep 15, 2021 Under Contract
    • Aug 31, 2021 Listed at $309,000
    Other Plantation Hale Listings
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    $485,000
    Plantation Hale #B16
    1 Bd | 1 Ba
    633 ft²
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    $515,000
    Plantation Hale #H8
    1 Bd | 1 Ba
    633 ft²
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    $515,000
    Plantation Hale #G9
    1 Bd | 1 Ba
    633 ft²
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    $475,000
    Plantation Hale #K3
    1 Bd | 1 Ba
    633 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.
    Learn about property tax rates.