*** Successful Vacation Rental at the upgraded Nihi Kai Resort in Poipu ***
Nihi Kai Villas #507 offers buyers an intelligent option to own a piece of paradise on Kauai while generating solid rental income. Whether you decide to keep the calendars booked or move in yourself, #507 has all the amenities you need to start living the dream. This spacious two-bedroom condo is being sold Turn-Key and has gone through some recent renovations to get you off on the right foot.
* Designer Kitchen with spacious granite counter top island and plenty of cabinetry
* Updated Bathroom with walk in shower
* 2 bedrooms and 2 bathrooms with spacious living area
* 2 covered lanai spaces
* Freshly serviced split system A/C
* New Roof
* New exterior carpentry
If you love the beach, unit #507 is a short walking distance to both Brennecke's and Poipu Beach Park.
Dollar per dollar you will be hard pressed to find a better investment in Poipu!
Sold for $1,122,000 on 04/17/24
$1,122,000
1870 Hoone Rd APT 507, Koloa, HI 96756
2beds
1,221sqft
Condominium
Built in 1978
-- sqft lot
$1,095,900 Zestimate®
$919/sqft
$3,466 Estimated rent
Home value
$1,095,900
$953,000 - $1.27M
$3,466/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: September 26, 2024 at 05:02pm
Listed by:
Jordan R McMurdie 8086314170,
eXp Realty
Bought with:
Anne Eliason, RS-75630
Coldwell Banker Island Properties - Kauai
Source: Hawaii Information Service,MLS#: 662440
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Appliances
- Included: Dishwasher, Microwave, Range, Refrigerator
Features
- Flooring: Carpet
- Has fireplace: No
Interior area
- Total structure area: 1,221
- Total interior livable area: 1,221 sqft
Property
Parking
- Parking features: Unassigned
Details
- Parcel number: 4280190220027
- Zoning: R-10
- Special conditions: Fee Simple,Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Condition
- Year built: 1978
Utilities & green energy
- Sewer: Other
- Water: Private
- Utilities for property: Electricity Available, Other, Underground Utilities
Community & neighborhood
Location
- Region: Koloa
- Subdivision: LEE KWAI BEACH LOTS
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $1,429 monthly
Other
Other facts
- Listing terms: Cash,Conventional
- Ownership: CPR
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 4/17/2024 | Sold | $1,122,000-5.7%$919/sqft |
Source:  Hawaii Information Service #662440 | ||
| 6/12/2023 | Price change | $1,190,000+5.8%$975/sqft |
Source: Hawaii Information Service #662440 | ||
| 4/25/2023 | Price change | $1,125,000-6.3%$921/sqft |
Source: Hawaii Information Service #662440 | ||
| 4/8/2023 | Price change | $1,200,000+4.3%$983/sqft |
Source: Hawaii Information Service #662440 | ||
| 6/1/2022 | Listed for sale | $1,150,000+12.2%$942/sqft |
Source: Hawaii Information Service #662440 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,233 +16.4% | $1,079,400 +16.1% |
| 2024 | $10,507 +18.4% | $929,800 +3.2% |
| 2023 | $8,877 +52.9% | $901,200 +52.9% |
Find assessor info on the county website
Neighborhood: 96756
Nearby schools
GreatSchools rating
- 4/10Koloa Elementary SchoolGrades: PK-5Distance: 2.1 mi
- 5/10Chiefess Kamakahelei Middle SchoolGrades: 6-8Distance: 7.6 mi
- 7/10Kauai High SchoolGrades: 9-12Distance: 8.3 mi
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