UPDATED:
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 808 sqft
Price per Sqft $1,045
Subdivision Wailua Beach
MLS Listing ID 721581
Bedrooms 1
Full Baths 1
Half Baths 1
HOA Fees $1,639/mo
HOA Y/N Yes
Year Built 1978
Annual Tax Amount $8,725
Tax Year 2024
Property Sub-Type Condominium
Source Hawaii Information Service
Property Description
Located on the northeast point of Wailua Bay, Lae Nani is uniquely positioned with a protected ocean swimming area and expansive beachfront ideal for swimming, surfing, fishing, and sunbathing. The lush, manicured grounds, featuring a pool, BBQs, and shaded lounging areas, provide a serene resort atmosphere with direct access to the beach.
The Ke Ala Hele Makalae coastal path, perfect for rolling, walking, running, or biking, runs along Papaloa Road just outside the gated entrance, offering scenic pedestrian access south to Lydgate Beach Park and north to Donkey Beach in Anahola.
The second-floor location provides added privacy, enhanced security, and refreshing tradewinds, with parking conveniently located just outside the unit. Inside, the unit retains some original fixtures and presents an excellent opportunity for a stylish refresh.
Currently operating as an active vacation rental managed by Outrigger, Lae Nani 225 offers both personal enjoyment and solid rental income potential. The property is centrally located in Kapaa. Coconut Marketplace, shopping, 10+ restaurants (including Lava Lava and Kintaro), a gas station, and other conveniences are all within 1/10th of a mile from the front door.
The seller may respond to offers within 7 days of submission but no earlier than 14 days after the listing date. The property is sold AS IS. The seller will not make any repairs or sign any non-neutral disclosures. Please refer to the attached documents for the disclosures approved by the seller's counsel. All offers must include a buyer-signed Seller Trust Addendum (attached to the MLS), a lender's pre-approval letter, and proof of funds.
Location
State HI
Community Wailua Beach
Area Hi
Building/Complex Name LAE NANI
Zoning R-20
Region Kawaihau
City Region Kawaihau
Interior
Flooring Carpet
Window Features Blinds,Drapes,Shutters
Appliance Dishwasher, Disposal, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer
Exterior
Parking Features Unassigned
Pool In Ground
Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Connected, Underground Utilities
View Y/N Yes
View Garden, HIS Sunrise, Ocean, Other
Topography Fairly Level
Garage No
Private Pool Yes
Building
Story 3
Unit Features End Unit,Even Number Unit,Single Level
Others
Ownership CPR
Monthly Total Fees $1, 639
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition Fee Simple, Standard
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Travis Scott
Big Island Realtor | License ID: RS-83053
Big Island Realtor License ID: RS-83053