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5380 HONOIKI RD, #J33, PRINCEVILLE, HI 96722

Top-Floor Oceanview Penthouse | 2BR Lock-Off + Loft at Hanalei Bay Resort

Listing Provided by: Aloha Realty Kauai LLC
MLS #: 730898
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Description

$190,000 BELOW APPRAISAL | NOW $1,665,000 The Top-Floor Penthouse at Hanalei Bay Resort Appraised at $1,855,000, this is the only top-floor 2-bedroom + loft ocean view penthouse available at Hanalei Bay Resort. Enjoy life every day on Hanalei Bay, waking to Makana ("Bali Hai") rising from the sea, and waterfalls tumbling down emerald mountains down to the sea, all framed by walls of glass beneath soaring vaulted ceilings. Evenings bring legendary North Shore sunsets, best enjoyed from your lanai. From the top floor the panorama is uninterrupted, and it's yours from the living room, both bedrooms, and the expansive covered lanai that connects them. ONE RESIDENCE, THREE WAYS TO LIVE: Two separate entries create a true lock-off, so this fully furnished, turnkey penthouse lives as a full 2-bedroom + loft, a 1-bedroom + loft, or a private studio guest suite. Enjoy one side while renting the other. That flexibility produced ≈$148,600 in gross rental revenue over the last 12 months, with rental history and financials available to qualified buyers. The renovated kitchen features premium stainless-steel appliances, and the loft works as a guest retreat, home office, or media room. ALL-INCLUSIVE RESORT LIVING: 22 landscaped acres with a lagoon-style pool with waterfalls, hot tub and Jacuzzi, tennis and new pickleball courts, an onsite restaurant and bar, a door-to-door shuttle, and a paved path to legendary Hanalei Bay. Maintenance fees cover amenities, grounds, exterior insurance, and ALL utilities: electric, water, sewer, cable, phone, and internet. Minutes to Princeville Makai Golf Club, Hanalei Town, world-class beaches, dining, shopping, hiking, and surfing. Top floor. Below appraisal. Proven income. Fully furnished. Buyers wait years for the right home at Hanalei Bay Resort. Elevated views, rare flexibility, North Shore magic, and real value, all in one penthouse. One chance at a life like this. Once it's gone, it's gone.

Property Details

Price: $1,665,000
Sold Price:
Address: 5380 HONOIKI RD, #J33, PRINCEVILLE, HI 96722
Ownership: CPR
Status: Active
Category: Residential
Type: Penthouse

Total Bedrooms: 2
Total Bathrooms: 2
Full Baths: 2
Living Area: 1,324 Square Feet

Listed by: Aloha Realty Kauai LLC
Year Built: 1975
Levels:

Features and Amenities

Interior Features:
Exterior Features:
View: Coastline, Mountain(s), Ocean, Sunrise, Sunset, Waterfall
Pool: Yes
Pool Features: Gunite, In Ground, Outdoor Pool, Pool/Spa Combo

Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
Fireplace Features:
Flooring: Ceramic Tile
Security:
Laundry:
Garage Spaces:
Carport Spaces:
Parking Features: Unassigned
Additional Structures:
Home Warranty:

Community Information

Project Name: HANALEI BAY RESORT
Subdivision Name: PRINCEVILLE
Association Fee: $4,436 Monthly
Stories:
Year Established:
Lava Zone:
Flood Zone: X

Land Information

Lot Size: Square Feet
Waterfront:
Land Lease Rent:
Lease Type:
Land Tenure: Fee Simple
Lot Features: Rim Lot
Frontage Type: Almost Oceanfront
Roads: Private
Roads Frontage Type:
Zoning: RR-10
Horse Amenities:

Additional Details

Assessed Tax Value: $1,536,700
Annual Tax: $16,400
Tax Year: 2025
Tax Lot:
Tax Block:

Utilities: Cable Available, Phone Available, Sewer Connected
Cooling:
Heating:
Sewer:
Water: Private
Solid Waste Disposal: Included with Maintenance Fees

First Listed June 20, 2026, 2:45 am
Last Updated October 1, 2026, 1:28 am
Listing Conditions: Fee Simple, Standard
Property Condition:
Financial Info Available:

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