Experience the beauty and tranquility of Kauai’s coveted North Shore from Hanalei Bay Villa #1, a stand-alone two-bedroom residence surrounded by lush tropical landscaping and sweeping views of majestic mountains and cascading waterfalls. Freshly painted inside and out, this villa offers a rare combination of privacy, natural beauty, and rental flexibility, making it equally appealing as a personal island retreat or income-producing vacation property.
The thoughtfully designed floor plan features two separate entrances, providing exceptional privacy and flexibility for owners and guests. Two spacious lanais extend the living experience outdoors, including an expansive upper lanai with beautiful Ipe decking, an ideal setting to relax, dine, and enjoy Kauai’s spectacular sunsets. A private outdoor shower adds an authentic touch of island living.
Inside, the villa features tile flooring throughout the main living areas, plush bedroom carpeting, and granite countertops. Offered turnkey and fully furnished with tasteful Hawaiian-inspired décor, it is ready for immediate personal enjoyment or continued vacation rental use.
The location is exceptional, with easy access to Hanalei Bay, Hideaways Beach, and Puu Poa Beach, along with championship golf, tennis courts, scenic walking paths, and the renowned 1 Hotel Hanalei Bay just moments away.
Currently operating as a successful vacation rental, Hanalei Bay Villa #1 offers a distinctive opportunity to own a private North Shore retreat, flexible second home, or proven income-producing property.
For sale
$1,525,000
5451 Ka Haku Rd #1, Princeville, HI 96722
2beds
1,244sqft
Single Family Residence
Built in 1974
-- sqft lot
$1,514,700 Zestimate®
$1,226/sqft
$1,170/mo HOA
What's special
- 3 days |
- 483 |
- 22 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Shana E. Metsch 8086529206,
Hawaii Life
Source: Hawaii Information Service,MLS#: 732300
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Appliances
- Included: Dishwasher, Disposal, Range, Refrigerator, Washer/Dryer Stacked
Features
- Flooring: Carpet, Ceramic Tile
- Windows: Blinds
- Has fireplace: No
Interior area
- Total structure area: 1,244
- Total interior livable area: 1,244 sqft
Property
Parking
- Parking features: Assigned
Features
- Levels: Two
- Has view: Yes
- View description: Mountain(s), Waterfall
- Has water view: Yes
- Water view: Waterfall
Details
- Parcel number: 4540120030001
- Zoning: RR-10
- Special conditions: Fee Simple,Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- Year built: 1974
Utilities & green energy
- Water: Private
- Utilities for property: Cable Available, Electricity Available, Phone Available, Sewer Connected, Underground Utilities
Community & HOA
Community
- Subdivision: PRINCEVILLE
HOA
- Has HOA: Yes
- HOA fee: $1,170 monthly
Location
- Region: Princeville
Financial & listing details
- Price per square foot: $1,226/sqft
- Tax assessed value: $1,268,400
- Annual tax amount: $7,032
- Date on market: 8/19/2026
- Listing terms: 1031 Exchange,Cash,Conventional
- Ownership: CPR
- Electric utility on property: Yes
Estimated market value
Zestimate®
$1,514,700
Estimated sales range
$1.39M - $1.65M
Rent Zestimate®
$4,490/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/20/2026 | Listed for sale | $1,525,000-15.3%$1,226/sqft |
Source: | ||
| 3/14/2025 | Listing removed | $1,800,000$1,447/sqft |
Source: | ||
| 1/7/2025 | Listed for sale | $1,800,000+81.3%$1,447/sqft |
Source: | ||
| 5/5/2021 | Sold | $993,000-6.2%$798/sqft |
Source: | ||
| 3/3/2021 | Contingent | $1,058,888$851/sqft |
Source: | ||
| 3/3/2021 | Pending sale | $1,058,888$851/sqft |
Source: Keller Williams Realty Kauai #644774 Report a problem | ||
| 11/26/2020 | Listed for sale | $1,058,888+92.5%$851/sqft |
Source: | ||
| 9/29/2016 | Sold | $550,000-7.6%$442/sqft |
Source: | ||
| 9/3/2016 | Pending sale | $595,000$478/sqft |
Source: Reside Kauai, LLC #296587 Report a problem | ||
| 9/1/2016 | Listed for sale | $595,000$478/sqft |
Source: Reside Kauai, LLC #296587 Report a problem | ||
| 7/28/2016 | Pending sale | $595,000$478/sqft |
Source: Reside Kauai, LLC #296587 Report a problem | ||
| 7/9/2016 | Price change | $595,000-4%$478/sqft |
Source: Reside Kauai, LLC #296587 Report a problem | ||
| 6/10/2016 | Listed for sale | $620,000+21.6%$498/sqft |
Source: Reside Kauai, LLC #296587 Report a problem | ||
| 11/4/2011 | Listing removed | $509,900$410/sqft |
Source: isNowListed.com Report a problem | ||
| 11/2/2011 | Listed for sale | $509,900-16.7%$410/sqft |
Source: isNowListed.com Report a problem | ||
| 4/27/2010 | Sold | $612,464-12.5%$492/sqft |
Source: Public Record Report a problem | ||
| 6/3/2005 | Sold | $700,000+199.4%$563/sqft |
Source: Public Record Report a problem | ||
| 6/16/1999 | Sold | $233,800$188/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,485 -64.7% | $1,153,200 -9.1% |
| 2024 | $7,033 -37.2% | $1,268,400 +12.7% |
| 2023 | $11,206 +19.2% | $1,125,500 +19.4% |
| 2022 | $9,403 +94.1% | $942,400 +17.7% |
| 2021 | $4,843 +6.1% | $800,500 +9% |
| 2020 | $4,565 | $734,700 +7.8% |
| 2019 | -- | $681,700 +7.9% |
| 2018 | $3,944 -8.5% | $632,000 -8.8% |
| 2017 | $4,311 +122.1% | $692,800 +12.5% |
| 2016 | $1,942 | $616,000 -1% |
| 2015 | $1,942 -48.1% | $622,000 +3.4% |
| 2014 | $3,744 | $601,700 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 96722
Nearby schools
GreatSchools rating
- 8/10Hanalei Elementary SchoolGrades: PK-6Distance: 1.6 mi
- 2/10Kapaa Middle SchoolGrades: 6-8Distance: 14.5 mi
- 6/10Kapaa High SchoolGrades: 9-12Distance: 14.8 mi
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