414 Wailua Kai St

    Kapaa, HI 96746
    • $1,529,000
    • STATUS: Active
    • ON SITE: 316 days
    • MLS #: 623909
    UPDATED: 20 min ago
    $1,529,000
    • 3
      BEDS
    • 0.23
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 1,500
      SQFT
    • $1,019
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    1989
    Area:

    School Ratings & Info

    Description

    Welcome to 17 Palms Kauai! This two-unit CPR is in the VDA on Kauais east side and consists of two top-rated vacation rental cottages (2018 gross income for property (net of GET/TAT) was $143,538 and 2019 YTD (as of 8/31/19) is $101,750) in a private garden oasis, steps from the beach path leading to Wailua Bay. The property is only one block from the Coconut Marketplace, Lava Lava Beach Club, Kinipopo Shopping Village and many nearby shops, grocery stores, restaurants and coffee houses. You can walk, run or ride bikes along the east shore path over eight miles of coast just by going out the back gate. The Meli Meli cottage, CPR unit 1, is a two-bedroom, one bath home with a fully equipped kitchen and laundry. It is decorated in a whimsical South Seas dcor and has vaulted ceilings, polished concrete floors, a spacious living room/dining room, a built-in punee/couch and a glass dining table resting atop the trunk of a coconut tree! The airy master bedroom has a king-sized bed, while the second bedroom has two twin beds - both rooms have sizable closets and vintage bureaus. The bathroom is equipped with a full tub and shower. The Hale Iki cottage, CPR unit 2, is a one-bedroom, one bath home also with a fully equipped kitchen and laundry. It is decorated with Asian inspired dcor. The living room has a large L-shaped couch and an armoire that hides the TV. This connects to the dining area with teak table and chairs. The bedroom has a queen-sized bed, vintage dresser and spacious closet. The bathroom has a full tub and shower. Property upgrades include: roofs, gutters, windows, septic system (shared), Hale Iki lanai rebuild, BBQ area with outdoor seating (shared), and complete exterior painting.This successful, licensed, vacation rental property is being sold fully turnkey. Sale includes two-unit CPR TMKs 4-4-3-1-13-1&2, website, all transferable third-party advertising, the LLC, and a completed fractional ownership plan.

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    © 2019 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Aloha Kona Realty, Inc.. Data last updated: 2019-10-23T16:34:18.097.
    www.alohakonarealty.com/homes/89993938

    414 Wailua Kai St Kapaa, HI 96746

    • Price: $1,529,000
    • Status: Active
    • Updated: 20 min ago
    • MLS #: 623909
    3
    Beds
    2
    Baths
    0
    ½ Baths
    0.23
    Acres
    1,500
    SQFT
    $1,019
    $/SQFT
    1989
    Built
    Neighborhood:
    Papaloa Tract
    Area:
    Kawaihau
    Property Description
    Welcome to 17 Palms Kauai! This two-unit CPR is in the VDA on Kauais east side and consists of two top-rated vacation rental cottages (2018 gross income for property (net of GET/TAT) was $143,538 and 2019 YTD (as of 8/31/19) is $101,750) in a private garden oasis, steps from the beach path leading to Wailua Bay. The property is only one block from the Coconut Marketplace, Lava Lava Beach Club, Kinipopo Shopping Village and many nearby shops, grocery stores, restaurants and coffee houses. You can walk, run or ride bikes along the east shore path over eight miles of coast just by going out the back gate. The Meli Meli cottage, CPR unit 1, is a two-bedroom, one bath home with a fully equipped kitchen and laundry. It is decorated in a whimsical South Seas dcor and has vaulted ceilings, polished concrete floors, a spacious living room/dining room, a built-in punee/couch and a glass dining table resting atop the trunk of a coconut tree! The airy master bedroom has a king-sized bed, while the second bedroom has two twin beds - both rooms have sizable closets and vintage bureaus. The bathroom is equipped with a full tub and shower. The Hale Iki cottage, CPR unit 2, is a one-bedroom, one bath home also with a fully equipped kitchen and laundry. It is decorated with Asian inspired dcor. The living room has a large L-shaped couch and an armoire that hides the TV. This connects to the dining area with teak table and chairs. The bedroom has a queen-sized bed, vintage dresser and spacious closet. The bathroom has a full tub and shower. Property upgrades include: roofs, gutters, windows, septic system (shared), Hale Iki lanai rebuild, BBQ area with outdoor seating (shared), and complete exterior painting.This successful, licensed, vacation rental property is being sold fully turnkey. Sale includes two-unit CPR TMKs 4-4-3-1-13-1&2, website, all transferable third-party advertising, the LLC, and a completed fractional ownership plan.
    Exterior Features

    Land Tenure Fee Simple Ocean Front N Pool N Roads County View Garden

    Interior Features

    Appliances DishwasherMicrowaveRefrigeratorRange/Oven Floors Hardwood Heating Cooling Air Conditioning Washer Dryer DryerWasher

    Property Features

    Assessed Value 769400 Assessment Year 2018 Distressed Standard Sale Lot Number 17-A Phone Service CellLand Line Power Overhead Project Name 17 PALMS KAUAI CONDOMINIUM Property Type Residential Sewer Septic Solid Waste Disposal County-Charge Tax Key 443001013 Taxes 6845.00 Terms 1031 ExchangeCashConventional Tv Availability Cable Vehicle Parking Assigned Water County Zoning R-10

    Listing information © 2019 MLS Hawaii, Inc. All rights reserved.
    Listing courtesy of Oceanfront Sotheby's International Realty.


    © 2019 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Aloha Kona Realty, Inc.. Data last updated: 2019-10-23T16:34:18.097.
     
    Aloha Kona Realty, Inc.
    75-5852 Alii Dr. V-14
    Kailua Kona HI, 96740