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$845,000(fs)
Property Highlights
Payments: $4,052/mo (terms) Bedrooms: 1 Baths: 1 Living: 808 sq. ft. ($1,046/sf) Year Built: 1978 Days in MLS: 21 Page Views: 79 Save Favorite Request More InfoProperty Details
Year Built: 1978 Floor Covering: Carpet Parking: Unassigned Pool: Yes Predominant Topography: Fairly Level Property Frontage: Almost Oceanfront, Rocky Beach, Sandy Be Road Type: County, Curbs/Gutters, Paved, Street Lights Views: Garden, Ocean, Other, Sunrise Security Systems: Gated Community Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer Project: LAE NANI District: Kawaihau Subdivision: Wailua Beach Unit Description: End Unit, Even Number Unit, Single Level Zoning Code: R-20 Taxkey (TMK): 4430020100018 Acceptable Terms: 1031 Exchange, Cash, Conventional Land Tenure: Fee Simple Annual Property Taxes: $8,726 Oceanfront: Yes Monthly Fees: $1,640
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rust sale. Open July 6-12. Lae Nani 225 is a 1-bedroom, 1.5-bath vacation rental perched on the second floor of this highly desired oceanfront community. Overlooking the pool and the ocean, this unit offers whitewater and sunrise views from the lanai, perfect for morning coffee or peaceful reflection. Located on the northeast point of Wailua Bay, Lae Nani is uniquely positioned with a protected ocean swimming area and expansive beachfront ideal for swimming, surfing, fishing, and sunbathing. The lush, manicured grounds, featuring a pool, BBQs, and shaded lounging areas, provide a serene resort atmosphere with direct access to the beach. The Ke Ala Hele Makalae coastal path, perfect for rolling, walking, running, or biking, runs along Papaloa Road just outside the gated entrance, offering scenic pedestrian access south to Lydgate Beach Park and north to Donkey Beach in Anahola. The second-floor location provides added privacy, enhanced security, and refreshing tradewinds, with parking conveniently located just outside the unit. Inside, the unit retains some original fixtures and presents an excellent opportunity for a stylish refresh. Currently operating as an active vacation rental managed by Outrigger, Lae Nani 225 offers both personal enjoyment and solid rental income potential. The property is centrally located in Kapaa. Coconut Marketplace, shopping, 10+ restaurants (including Lava Lava and Kintaro), a gas station, and other conveniences are all within 1/10th of a mile from the front door. The seller may respond to offers within 7 days of submission but no earlier than 14 days after the listing date. The property is sold AS IS. The seller will not make any repairs or sign any non-neutral disclosures. Please refer to the attached documents for the disclosures approved by the seller's counsel. All offers must include a buyer-signed Seller Trust Addendum (attached to the MLS), a lender's pre-approval letter, and proof of funds.
Listing Brokerage: COMPASS, 8086520746
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