Hanalei, HI 96714,5539 WEKE RD
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Hanalei, HI 96714,5539 WEKE RD
Hanalei, HI 96714,5539 WEKE RD
Hanalei, HI 96714,5539 WEKE RD
Hanalei, HI 96714,5539 WEKE RD

$8,000,000

Est. payment /mo

$8,650,000

7.5%
Est.Price: ?

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5539 WEKE RD Hanalei, HI 96714

4 Beds

3.25 Baths

2,876 SqFt

SOLD DATE : 09/16/2024

Key Details

Sold Price $8,000,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 2,876 sqft

Price per Sqft $2,781

Subdivision Hanalei

MLS Listing ID 706677

Sold Date 09/16/24

Bedrooms 4

Full Baths 3

Year Built 1987

Annual Tax Amount $54,261

Lot Size 0.773 Acres

Property Description

A rare offering in the iconic surf town of Hanalei, on the "Garden" island of Kauai. This centrally located, 4 bedroom / 3.5 bath beach house on Weke Road comes with an adjoining riverfront lot. The gently sloping vacant lot holds potential for two additional homes and a pool (to be confirmed with County). Create your dream compound a stone's throw from the beach.

This pairing of two parcels in the heart of Hanalei creates ample space in an optimal location. With the Weke Road Beach House parcel conveniently situated near the iconic Pine Trees surf break and the Waioli River Lot with ocean access via the tranquil Waioli River, the property is a canvas for the creation of an indoor and outdoor living space that celebrates the natural surroundings while embracing your personal vision.

The 2,876 sqft house features 4 bedrooms, 3.5 baths, a large usable loft, an outdoor shower and a garage. Second-floor decks and ground-floor lanais promote harmonious indoor and outdoor living, while upgrades such as refinished wood floors, new kitchen appliances and granite countertops enhance its appeal.

The half-acre Waioli River Lot is a unique blank canvas poised for the creation of a custom residence as well as an additional dwelling unit (ADU). Direct access to the river provides a personal playground for water-centric activities or peaceful days lounging by the water's edge. The combination of the two parcels creates the opportunity to extend the yard of the Weke Road Beach House, incorporating a pool or other creative elements.

This property presents a rare chance for you to shape your dream living space, perfectly aligning with your personal taste. Experience the joy of living in one the most sought-after neighborhoods on the North Shore with direct access to the activities, sights, and sounds that epitomize the quintessential beach life of Hanalei, Hawaii. Both parcels are located within the IRS Opportunity Zone.

Location

State HI

Area Hanalei

Zoning O

Interior

Flooring Hardwood

Exterior

Parking Features Covered

Garage Spaces 360.0

Pool No

View Bay, River, Waterfall, Mountain

Building

Lot Description Cul de sac

Sewer Septic

Water County

Others

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

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Hawaii Information Service(HIS)
Listed by Hawaii Life
agent

Lori Benkert

Broker/Owner | License ID: RB-22897

+1(808) 212-8900

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