5380 HONOIKI RD, #J33, PRINCEVILLE, HI 96722
Princeville

$1,695,000(fs)

Property Details

• Year Built: 1975
• Floor Covering: Ceramic Tile
• Lot Description: Rim Lot
• Parking: Unassigned
• Pool: Yes
• Predominant Topography: Gentle Slope
• Property Frontage: Almost Oceanfront
• Road Type: Private
• Views: Coastline, Mountain(s), Ocean, Sunrise, Sunset, Waterfall
• Water: Private
• Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
• Project: HANALEI BAY RESORT
• District: Hanalei
• Subdivision: Princeville
• Unit Description: Penthouse
• Zoning Code: RR-10
• Taxkey (TMK): 4540110030059
• Acceptable Terms: 1031 Exchange, Cash, Conventional
• Land Tenure: Fee Simple
• Annual Property Taxes: $16,400
• Oceanfront: Yes
• Monthly Fees: $4,436
• Utilities: Cable Available, Phone Available, Sewer

AJOR PRICE IMPROVEMENT — NOW $1,695,000, A FULL $160,000 BELOW THE RECENT $1,855,000 APPRAISAL. And with the last comparable unit now in escrow, this is the ONLY 2-bedroom ocean view residence still available at Hanalei Bay Resort. Wake up to sweeping panoramic views of sparkling Hanalei Bay, dramatic Makana ("Bali Hai"), cascading waterfalls, emerald mountains and unforgettable North Shore sunsets. This top-floor penthouse — 2 bedroom + Loft, 2 bath, ≈1,324 sq ft (+ Loft) — features soaring vaulted ceilings and walls of glass, with living area and bedrooms opening onto an expansive covered lanai. Offered fully furnished and turnkey. Two separate entry doors create a true lock-off plan, so the residence lives as: Full 2-bedroom penthouse + loft 1-bedroom residence + loft Private studio guest suite That flexibility generated ≈$148,600 in gross rental revenue over the last 12 months — rental history and financials available. The renovated kitchen features premium stainless-steel appliances; the versatile loft serves as guest space, home office or media room. Set on 22 landscaped acres, Hanalei Bay Resort offers a lagoon-style pool with waterfalls & hot tub, Jacuzzi, tennis & new pickleball courts, onsite restaurant & bar, door-to-door shuttle, and a paved path to legendary Hanalei Bay. Maintenance fees are ALL INCLUSIVE — amenities, grounds, exterior insurance and ALL utilities (electric, water, sewer, cable, phone, internet). Minutes from Princeville Makai Golf Club, Hanalei Town, world-class beaches, dining, shopping, hiking & surfing. The last ocean view 2-bedroom on property. Priced below appraisal. Proven income. Fully furnished. Buyers have waited years for the right unit at Hanalei Bay Resort. This is the one, and at this price it will not wait for them.