147 ROYAL DR, KAPAA, HI 96746
Wailua Homesteads

$1,250,000(fs)

Property Details

• Design: Double Wall, Single Wall
• Year Built: 1964
• Floor Covering: Ceramic Tile, Hardwood, Laminate, Vinyl
• Lot Description: See Remarks
• Parking: Other, Unassigned
• Pool: Yes
• Predominant Topography: Level
• Fencing: Wire
• Road Type: Private
• Security Systems: See Remarks
• Appliances: Dryer, Range, Refrigerator, Washer
• District: Kawaihau
• Subdivision: Wailua Homesteads
• Zoning Code: R-2
• Taxkey (TMK): 4420050120000
• Acceptable Terms: 1031 Exchange, Cash, Conventional
• Land Tenure: Fee Simple
• Annual Property Taxes: $5,706
• Features: See Remarks
• Utilities: Electricity Available

OTIVATED SELLER! Discover the perfect blend of Hanalei’s natural beauty & Kapaa’s everyday convenience in this rare gem tucked away in the heart of the Wailua Homesteads. Located just one minute from the Wailua Country Store on a peaceful dead-end private street, this lush half-acre property offers the serenity and feel of “Old Hawaii." The charming main home features a spacious primary bedroom, a cozy second bedroom, & two well-appointed bathrooms. The expansive open-concept kitchen and living area flow seamlessly into a bright and airy sunroom, surrounded by sliding glass doors & windows. This versatile space can serve as a 3rd bedroom, playroom, home office, or extended living area. Warm hardwood floors run throughout most of the home, while the sunroom overlooks the beautifully landscaped yard. You’ll enjoy the bounty of mature avocado & lemon trees, planted decades ago by a former owner who was reportedly the president of the Kaua‘i Botanical Society. Today, the property remains a botanical haven, alive with birdsong each morning, a true reminder that you’re living in paradise. Adding to the property’s appeal are 2 private studio units: the attached “Jungle Hut” which features a spacious screened-in lanai & the detached “Love Shack." Whether you choose to maintain them as long-term rentals, host guests, or create your own retreat spaces, the possibilities are endless, from multi-generational living to additional income streams. Currently used as a multi-unit long-term rental, this unique property offers flexible living arrangements as well as immediate income potential & is ready for a new owner to bring some updates to make it fully shine. Whether you're seeking a tranquil home base or a rewarding investment project, this is an exceptional opportunity to own a slice of paradise with room to personalize. The property may qualify for an additional dwelling unit & a guest house or ARU. SELLER CONCESSIONS FOR FAST CLOSING!