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For sale by owner
  • $1,495,000

    4919 Pepelani Loop APT 19B, Princeville, HI 96722

    3beds
    1,567sqft
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    Unknown
    Built in 2005
    -- sqft lot
    $1,200,600 Zestimate®
    $954/sqft
    $1,016/mo HOA

    What's special

    Welcoming upscale retreat
    Nihilani Princeville – Rare Turn-Key Vacation Rental Opportunity Discover this beautifully maintained 3-bedroom, 3-bathroom condo in the highly sought-after Nihilani community of Princeville, Kauai. Spanning 1,567 sq ft of finished living space, this home offers the perfect blend of comfort, style, and effortless income potential in one of Hawaii’s most desirable resort destinations. Completely updated and move-in ready, the property features a brand-new whole-house air conditioning system installed in 2025, ensuring year-round comfort for owners and guests alike. Every detail has been thoughtfully finished, creating a welcoming, upscale retreat that consistently earns rave 5 star reviews. This is far more than just a condo — it’s a proven, highly successful vacation rental business. Currently generating approximately $13,000-14,000 per month in gross rental income, the property comes fully equipped with an established management, cleaning, and booking system already in place. Rentals are booked solid through summer 2027, providing immediate cash flow from day one. As a true turn-key investment, the sale includes: • All existing management and rental operations • Professional cleaning services • A fully paid 2026 Kia van used by guests for convenient airport transfers and island exploration Princeville’s world-class golf courses, stunning beaches, hiking trails, and luxury amenities are right at your doorstep, making this location a magnet for repeat visitors and high-end travelers. Whether you’re looking for a personal island getaway with strong rental upside or a hands-off income-producing asset, this Nihilani condo delivers both lifestyle and exceptional returns. Priced to sell by well-known Kauai property expert Jonathan Robert. Serious inquiries only — contact Jonathan today to schedule a private showing and take advantage of this rare opportunity to own a turn-key Hawaii vacation rental business.
    What the owner loves about this home
    Nihilani is the best owner condo community in Princeville. Very well run hoa with perfect grounds! Guests luv it and so do I!! This is the best 3bedroom income generating property below 1.5 million in Princeville period!! And it comes with a 50k van..! Just keeps getting better. Call me, Jonathan ,anytime to discuss anything!
    15 hours
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    Listed by:

    Property Owner (623) 695-0145

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Appliances
      • Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
      Features
      • Flooring: Tile, Carpet
      • Basement: None
      Interior area
      • Total interior livable area: 1,567 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage - Attached
      Features
      • Exterior features: Wood
      • Has spa: Yes
      • Has view: Yes
      • View description: Mountain
      Lot
      • Size: 55 Acres
      Details
      • Parcel number: 540050240056

      Construction

      Type & style
      • Home type: Unknown
      Materials
      • Foundation: Concrete
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 2005

      Community & HOA

      HOA
      • Has HOA: Yes
      • HOA fee: $1,016 monthly
      Location
      • Region: Princeville

      Financial & listing details

      • Price per square foot: $954/sqft
      • Tax assessed value: $1,233,900
      • Annual tax amount: $14,048
      • Date on market: 7/18/2026

        Estimated market value

        $1,200,600

        $996,000 - $1.42M

        $7,772/mo

        Price history

        DateEventPrice
        7/18/2026Listed for sale$1,495,000+123.3%$954/sqft
        Source: Owner Report a problem
        9/18/2006Sold$669,500$427/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$14,048 +115.1%$1,233,900 +3%
        2024$6,530 +7.4%$1,198,100 +7.4%
        2023$6,080 -17.2%$1,115,600 +49.7%
        2022$7,339 +8.3%$745,100 +8.3%
        2021$6,776 -1.1%$687,900 -1.1%
        2020$6,854 $695,800 +7.6%
        2019-- $646,600 +7.4%
        2018$5,929 +17.5%$601,900 +5.6%
        2017$5,045 +123.1%$570,000 +11.3%
        2016$2,261 $511,900 +0.2%
        2015$2,261 -22%$511,000 +3.7%
        2014$2,898 $492,600
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 96722

        Getting around

        27 / 100
        Car-Dependent
        31 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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