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410 PAPALOA RD, #225, KAPAA, HI 96746

Lae Nani 225 offers enjoyment and solid rental income potential.

Listing Provided by: COMPASS
MLS #: 721581
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Description

Trust sale. Open July 6-12. Lae Nani 225 is a 1-bedroom, 1.5-bath vacation rental perched on the second floor of this highly desired oceanfront community. Overlooking the pool and the ocean, this unit offers whitewater and sunrise views from the lanai, perfect for morning coffee or peaceful reflection.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.

Property Details

Price: $845,000
Sold Price:
Address: 410 PAPALOA RD, #225, KAPAA, HI 96746
Ownership: CPR
Status: Active
Category: Residential
Type: End Unit, Even Number Unit, Single Level

Total Bedrooms: 1
Total Bathrooms: 2
Full Baths: 1
Living Area: 808 Square Feet

Listed by: COMPASS
Year Built: 1978
Levels:

Features and Amenities

Interior Features:
Exterior Features:
View: Garden, HIS Sunrise, Ocean, Other
Pool: Yes
Pool Features: In Ground

Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer
Fireplace Features:
Flooring: Carpet
Security: Gated Community
Laundry:
Garage Spaces:
Carport Spaces:
Parking Features: Unassigned
Additional Structures:
Home Warranty:

Community Information

Project Name: LAE NANI
Subdivision Name: WAILUA BEACH
Association Fee: $1,640 Monthly
Stories: 3
Year Established:
Lava Zone:
Flood Zone: AE, VE, X

Land Information

Lot Size: Square Feet
Waterfront:
Land Lease Rent:
Lease Type:
Land Tenure: Fee Simple
Lot Features:
Frontage Type: HIS Almost Oceanfront, HIS Rocky Beach, HIS Sandy Beach
Roads: County, Curbs/Gutters, Paved, Street Lights
Roads Frontage Type:
Zoning: R-20
Horse Amenities:

Additional Details

Assessed Tax Value: $772,200
Annual Tax: $8,726
Tax Year: 2024
Tax Lot:
Tax Block:

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

First Listed July 6, 2025, 12:20 pm
Last Updated July 6, 2025, 12:30 pm
Listing Conditions: Fee Simple, Standard
Property Condition:
Financial Info Available:

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