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Sold for $335,000
  • $335,000

    4331 Kauai Beach Dr #2508, Lihue, HI 96766

    0beds
    307sqft
    Condominium
    Built in 1985
    -- sqft lot
    $296,500 Zestimate®
    $1,091/sqft
    $1,776 Estimated rent

    Home value

    $296,500

    $270,000 - $323,000

    $1,776/mo

    Zestimate® history
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    $2,921/mo

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    What's special

    King bedBeach equipmentWater slidePool viewsGlorious sunrisesOcean viewsCool breezes
    Attention Investors: Unheard of 12% cap rate realized in the past year at this beachfront vacation rental on beautiful Kauai. With the postcard perfect ocean view that is the best at the resort, you will find demand high on this vacation rental investment, as the Seller achieved 90% occupancy rate year after year. Ocean views, glorious sunrises, cool breezes, and 25 acres of lush resort landscaping are here for you and your guests. This top floor studio unit in the main building comes rent ready with all furnishings including beach equipment, fridge, bonus air bed and crib, Hawaiian decor, desk, king bed, linens, A/C, heater, and much more! Unit 2508 has 280 reviews and a 4.9 star rating, so you will start generating income from day 1. Manage it yourself, join the in-house rental pool, or have a vacation rental management service take care of the details. From the highest location at the resort, you will enjoy direct facing ocean and pool views from inside the room and on your spacious balcony. As part of the Kauai Beach Resort, benefit from access to all the resort's features including 4 pools, water slide, 2 hot tubs, a fitness center, and miles of beach. The relaxation continues thanks to the onsite full-service spa, restaurant, bar, and lounge with fire pit, making it easy to indulge in the ultimate island getaway. With its prime coastal location mid-point on the island, Lihue offers quick access to all of Kauai's top attractions. Whether you're looking to hike the Napali Coast, explore Waimea Canyon, or simply relax on the beach, this is the perfect place to make your island getaway.

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Ambrose 8088550777,

    Keller Williams Honolulu

    Bought with:

    Cole Schlack, RS-83268

    eXp Realty

    Source: Hawaii Information Service,MLS#: 704446MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 0
    • Bathrooms: 1
    • Full bathrooms: 1
    Appliances
    • Included: Refrigerator
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 307
    • Total interior livable area: 307 sqft

    Property

    Parking
    • Parking features: Covered, Unassigned
    Details
    • Parcel number: 4370030150207
    • Zoning: RR-20
    • Special conditions: Fee Simple,Standard

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Condition
    • Year built: 1985

    Utilities & green energy

    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Phone Available, Sewer Connected, Underground Utilities, Water Available

    Community & HOA

    Community
    • Subdivision: HANAMAULU & KALAPAKI
    HOA
    • Has HOA: Yes
    • HOA fee: $1,441 monthly
    Location
    • Region: Lihue

    Financial & listing details

    • Price per square foot: $1,091/sqft
    • Tax assessed value: $225,500
    • Annual tax amount: $2,446
    • Date on market: 9/22/2023
    • Listing terms: 1031 Exchange,Cash
    • Ownership: CPR
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    11/2/2023Sold$335,000$1,091/sqft
    Source: Hawaii Information Service #704446 Report a problem
    9/22/2023Listed for sale$335,000+329.5%$1,091/sqft
    Source: Hawaii Information Service #704446 Report a problem
    8/3/2015Sold$78,000$254/sqft
    Source: Hawaii Information Service #279183 Report a problem
    1/15/2015Listed for sale$78,000-78.9%$254/sqft
    Source: Prudential All Star Realty #279183 Report a problem
    9/20/2006Sold$370,000$1,205/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,286 +38.4%$364,800 +38.4%
    2024$3,097 +26.6%$263,600 +16.9%
    2023$2,447 +42.5%$225,500 +42.5%
    2022$1,716 -3.8%$158,200 -3.8%
    2021$1,785 +6.1%$164,500 +6.1%
    2020$1,683 $155,100 +30.2%
    2019-- $119,100 +57.3%
    2018$411 -47.4%$75,700 +5.1%
    2017$781 +153.3%$72,000 +9.8%
    2016$308 $65,600 -5.9%
    2015$308 -22.2%$69,700 +5.8%
    2014$397 $65,900
    Find assessor info on the county website

    Neighborhood: 96766

    Nearby schools

    GreatSchools rating
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    $296,500
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    With Zillow Showcase(estimated)
    $302,430