5300 Ka Haku Rd , #130

Description

This is a leasehold property.Rare opportunity to own an income generating five-star vacation rental right on the ocean bluff! Nestled atop, Pali Ke Kua boast serene ocean views and a paved path right down to the water! #130 is a beautifully renovated, ground floor unit with views from nearly every room. Enjoy epic sunsets from either of the two private lanais. Modern tropical dcor is complete with custom paint, papered accent walls and tasteful furnishings throughout. Open concept living is perfect for gathering with friends or family. The fully equipped kitchen offers stainless steel appliances and plenty of counter space for cooking. Gorgeous ocean views from the dining space. Bonus tiki lounge space off the dining opens to the second lanai. Two spacious bedrooms are comfortable retreats and each feature a private bathroom. Pali Ke Kua is located in the heart of Princeville, with extensive ground, an onsite restaurant, private pool and hot tub, and paved path down to Hideaways, Pali Ke Kua beach. Just minutes to shopping, dining, tennis, and golf. A short drive takes you into the nostalgic Hanalei town, the world-renowned Hanalei Bay, and all the north shore has to offer!#130 is currently an active vacation rental offered fully furnished and turn-key. Brand new, top of the line, washer and dryer, and all new kitchen appliances in 2023.Lease rent is $28,000 annually, lease expires 2039. This guest favorite earns over $150,000/year, even with the owner occupying approx 6 weeks/year! Homeowners insurance is currently $47/month. Freshly painted (white) kitchen, guest bedroom, bathroom, doors and all moulding (crown, baseboards, door jams, window frames). New Serta sleeper recliner in living room.