Hanalei Hanalei Hanalei 5204 Weke Rd

$18,000,000 FS

Price Beds Baths Living Area Land Area Elevation Year Built MLS# DOM Listing Status
$18,000,000 7 4 3,792 sq ft 2.01 ac 6 feet 1946 242763 289 Days Sold on 11/10/11

213 FEET OF PRIME BEACHFRONT PROPERTY ON HANALEI BAY.

*First Sale from Original Owner.

*The Faye property at Hanalei was purchased by Hans Peter Faye in
1915. Faye was a prominent Kauai sugar plantation manager and a member of the elite society of the day. He and a few others were privileged with the opportunity to purchase prime Hanalei beachfront lots at auction. The intention was to build summer beach houses on the best section of the Bay.

*In 1915, H.P. Faye cleverly combined two of the original Hanalei Beach Lots, resulting in twice the land area and beach frontage of current comparables. Skillfully selected by Hans Peter Faye in 1915 at a time when Hanalei Bay was wide open. The location offers shelter, consistent offshore trade winds, sandbars, and amazing views. H.P. Faye had the vision and the finances to purchase not one but two lots in the best part of the Bay. The property has views both mauka and makai, and is perfect for swimming, parties and the beach lifestlye.

*Building on the property may be permitted for up to 9,000 sf, allowing for additional structures, pool, & larger buildings(compared to average 4,500 sf on
other Hanalei beachfront lots).

*Today, almost all of the lots on Hanalei Bay have been subdivided and many of the original large estates are gone. Gone are the days of expansive,open spaces at Hanalei. The Faye property is one of a few parcels that retain the large, open feel and the ONLY ONE THAT IS AVAILABLE FOR SALE.

Property Features

Ceilings-9'+,Book Shelves,Ceiling Fan,Ceiling-Cathedral,Deck/Lanai/Balcony,Furniture,Gar/Car Ea Unit,Kitchenware,Kitchen Window,Landscaped,Linens,Sprinkler System-Lawn,Open Lanai,Porch,Private Yard

Home Details

Type Home
Year Built 1946
Beds 7
Baths 4.00
Living Area 3,792 sq ft
Design Board and Batten, Wood Frame
Security -
Water Municipal
Exterior Living Area -
Other Square Footage (Total) -
Price per Sq Ft $4,746
Pool N
Car Storage Carport
Carport Area (Total) 200 sq ft
Sewer Septic
Heating / Cooling -
Fireplace -
Floor Covering Concrete, Ceramic Tile
Appliances Refrigerator, Range / Oven, Water Heater

Exterior Details

Land Area 2.01 ac
Elevation 6 feet
Easement Other (remarks)
Lot Topography Fairly Level
Lot Description - Land Grassy
Flood Zone X
View Mountain, Ocean, Sunset, Sunrise, Waterfall
Frontage -
Fencing -

Tax Information Reported by Agent

Property Tax $33,479
Tax Value $8,458,200
TMK# 455002012

Price Details Payment Estimator

Current Price $18,000,000
Original Price $180,000,000
Price Change

$162,000,000 greenarrow

Terms Acceptable Cash, Conventional
Land Tenure Fee Simple
Mortgage Payment

Annual Taxes

$33479

Monthly Dues

-

Est. Payment

-

Community Details

Subdivision Hanalei
CCRs No
Zoning O
Schools Aloha School, Menehune, Hanalei Elementary, Kauai Pacific School, Island School, HTA

Lot LinesExplore in 3D

Public Tax Records for 5204 Weke Rd

Home Layout

Floor Plan

LegendSource: Public Records

Values - 2012 Assessment Year

Property ClassIMPROVED RESIDENTIAL
Land Value$7,049,900
Land Exemption$0
Net Taxable Land Value$7,049,900
Building Value$229,300
Building Exemption$0
Net Taxable Building Value$229,300
Total Taxable Value$7,279,200

Sales

Instrument DateSale PriceInstrument #Instrument TypeInstrument TypeRecordation DateLand Court
Doc #
Certificate #Conveyance Tax
06/23/2005$8,198,000FEE CONVEYANCEFEE CONVEYANCE06/29/200532885255187478198
10/13/19980000000000
06/22/19920000000000

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