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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

MAJOR PRICE IMPROVEMENT — NOW $1,695,000, A FULL $160,000 BELOW THE RECENT $1,855,000 APPRAISAL. And with the last comparable unit now in escrow, this is the ONLY 2-bedroom ocean view residence still available at Hanalei Bay Resort. Wake up to sweeping panoramic views of sparkling Hanalei Bay, dramatic Makana ("Bali Hai"), cascading waterfalls, emerald mountains and unforgettable North Shore sunsets. This top-floor penthouse — 2 bedroom + Loft, 2 bath, ≈1,324 sq ft (+ Loft) — features soaring vaulted ceilings and walls of glass, with living area and bedrooms opening onto an expansive covered lanai. Offered fully furnished and turnkey. Two separate entry doors create a true lock-off plan, so the residence lives as: Full 2-bedroom penthouse + loft 1-bedroom residence + loft Private studio guest suite That flexibility generated ≈$148,600 in gross rental revenue over the last 12 months — rental history and financials available. The renovated kitchen features premium stainless-steel appliances; the versatile loft serves as guest space, home office or media room. Set on 22 landscaped acres, Hanalei Bay Resort offers a lagoon-style pool with waterfalls & hot tub, Jacuzzi, tennis & new pickleball courts, onsite restaurant & bar, door-to-door shuttle, and a paved path to legendary Hanalei Bay. Maintenance fees are ALL INCLUSIVE — amenities, grounds, exterior insurance and ALL utilities (electric, water, sewer, cable, phone, internet). Minutes from Princeville Makai Golf Club, Hanalei Town, world-class beaches, dining, shopping, hiking & surfing. The last ocean view 2-bedroom on property. Priced below appraisal. Proven income. Fully furnished. Buyers have waited years for the right unit at Hanalei Bay Resort. This is the one, and at this price it will not wait for them.

Property Details

Price: $1,695,000
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 September 9, 2026, 10:45 am
Listing Conditions: Fee Simple, Standard
Property Condition:
Financial Info Available:

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