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Sold for $8,000,000
  • $8,000,000

    5539 Weke Rd, Hanalei, HI 96714

    4beds
    2,876sqft
    Single Family Residence
    Built in 1987
    0.77 Acres Lot
    $7,406,200 Zestimate®
    $2,782/sqft
    $7,029 Estimated rent

    Home value

    $7,406,200

    $7.04M - $7.78M

    $7,029/mo

    Zestimate® history
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    $35,355/mo

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    What's special

    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.

    Zillow last checked: 8 hours ago

    Listing updated: September 16, 2024 at 02:48am

    Listed by:

    Neal A. Norman 8086511777,

    Hawaii Life

    Bought with:

    Neal A. Norman, RB-18048

    Hawaii Life

    Source: Hawaii Information Service,MLS#: 706677MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/4 bathrooms: 1
    Appliances
    • Included: Dishwasher, Microwave Hood, Range, Refrigerator
    Features
    • Flooring: Hardwood
    • Has fireplace: No
    Interior area
    • Total structure area: 2,876
    • Total interior livable area: 2,876 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Covered
    • Garage spaces: 2
    Features
    • Levels: Two
    • Has view: Yes
    • View description: Bay, Mountain(s), River, Waterfall
    • Has water view: Yes
    • Water view: Bay,River,Waterfall
    • Waterfront features: River Front
    • Frontage type: River
    Lot
    • Size: 0.77 Acres
    • Features: Cul-De-Sac
    • Topography: Fairly Level
    Details
    • Parcel number: 4550050250000
    • Zoning: O
    • Special conditions: Fee Simple,Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Double Wall
    Condition
    • Year built: 1987

    Utilities & green energy

    • Sewer: Septic Tank
    • Utilities for property: Electricity Available

    Community & neighborhood

    Location
    • Region: Hanalei
    • Subdivision: HANALEI

    Other

    Other facts
    • Listing terms: 1031 Exchange,Cash,Conventional
    • Ownership: Full

    Price history

    DateEventPrice
    9/16/2024Sold$8,000,000+41.6%$2,782/sqft
    Source: Hawaii Information Service #706677 Report a problem
    7/9/2024Price change$5,650,000-34.7%$1,965/sqft
    Source: Hawaii Information Service #706678 Report a problem
    7/9/2024Price change$8,650,000-3.9%$3,008/sqft
    Source: Hawaii Information Service #706677 Report a problem
    12/26/2023Price change$9,000,000+50%$3,129/sqft
    Source: Hawaii Information Service #706677 Report a problem
    12/26/2023Listed for sale$6,000,000-29.4%$2,086/sqft
    Source: Hawaii Information Service #706678 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$32,114 $4,181,500 +1.2%
    2024-- $4,132,000 -8.1%
    2023$42,563 +16%$4,497,300 +16.1%

    Find assessor info on the county website

    Neighborhood: 96714

    Nearby schools

    GreatSchools rating