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Off market
  • $1,207,600

    255 Lanai Ave, Lanai City, HI 96763

    6beds
    6baths
    3,128sqft
    SingleFamily
    Built in 1940
    8,751 Square Feet Lot
    $1,207,600 Zestimate®
    $386/sqft
    $5,531 Estimated rent

    Home value

    $1,207,600

    $1.04M - $1.40M

    $5,531/mo

    Zestimate® history
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    $5,256/mo

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    What's special

    This unique property has tremendous potential. The dwelling size and privacy of this large lot has many possibilities including, but not limited to, a private retreat, B & B, rental, ++ use your imagination! The Bamboo Inn is surrounded by Gardens and Bamboo, koi pond and, of course, bamboo! The Inn has been operated as a B & B, L-T rental as well as housing for hunters/visitors/hikers/bikers and workers to the island. Currently upstairs on rental lease. Two levels offer many options for new owners. Upstairs are 6 beds/ 6 baths with large kitchen and dining area/lounging and outdoor deck. Separate owner/manager's quarters have 2 bdrms/1 bath. Downstairs offers 2 private bedrooms, 3 baths and dorm-style overflow beds. Walk out to garden and BBQ Deck. Off-street parking for apprx. 5 cars; 3 garages in back and one carport in front. All enclosed by entrance gate and surrounded by bamboo and gulch. Located at end of Lanai Ave. across from Cavendish public golf course, ATV trails, and a short distance to the Four Seasons Koele Lodge (now being renovated as a Wellness Resort & Spa, opening in Summer). 5 mins from historic Lanai City shops, grocery and restaurants. A must see for all the possibilities this property has to offer. Now is the time to own on the island of Lana'i.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 6
    Features
    • Flooring: Hardwood
    Interior area
    • Total interior livable area: 3,128 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Carport, Garage
    Features
    • Exterior features: Wood
    Lot
    • Size: 8,751 Square Feet
    Details
    • Parcel number: 490080370000

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary
    Materials
    • Wood
    • Foundation: Masonry
    • Roof: Metal
    Condition
    • Year built: 1940

    Community & HOA

    Location
    • Region: Lanai City

    Financial & listing details

    • Price per square foot: $386/sqft
    • Tax assessed value: $1,150,200
    • Annual tax amount: $1,403

    Price history

    DateEventPrice
    7/1/2019Listing removed$1,400,000$448/sqft
    Source: Hawaii Life (L) #378377 Report a problem
    3/4/2019Price change$1,400,000-6.7%$448/sqft
    Source: Hawaii Life (L) #378377 Report a problem
    7/29/2018Price change$1,500,000-11.5%$480/sqft
    Source: Hawaii Life (L) #378377 Report a problem
    5/4/2018Listed for sale$1,695,000+1283.7%$542/sqft
    Source: Hawaii Life (L) #378377 Report a problem
    8/17/2000Sold$122,500$39/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,403 +0.6%$1,150,200 +7%
    2024$1,394 +4.2%$1,074,500 +7%
    2023$1,337 -6.3%$1,003,900 +9.9%
    2022$1,427 -10.2%$913,700 +6.3%
    2021$1,590 -4%$859,600 -1.7%
    2020$1,656 +2.2%$874,500 +13.4%
    2019$1,621 $771,100 +0.3%
    2018$1,621 +3.4%$768,800
    2017$1,568 +4.6%--
    2016$1,499 $755,200 +9.7%
    2015-- $688,300 +28.6%
    2014$466 $535,400 +11.8%
    2012-- $478,900 -16.9%
    2011-- $576,400 -8.1%
    2010-- $627,500
    Find assessor info on the county website

    Neighborhood: 96763

    Nearby schools

    GreatSchools rating
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