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5380 HONOIKI RD, #J33, PRINCEVILLE, HI 96722

Hanalei Bay Penthouse | 2BD+Loft Lock-Off | Ocean-Mountain & Waterfall View

Listing Provided by: Aloha Realty Kauai LLC
MLS #: 721739
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Description

Final Opportunity to Own the View—Priced to Move at $1,825,000 Perched at the pinnacle of Hanalei Bay Resort, this rare top-floor 2BR + loft penthouse delivers a front-row seat to one of Hawai‘i’s most iconic vistas—sweeping across Hanalei Bay, cascading waterfalls, lush mountain ridgelines, and unforgettable year-round sunsets. This is the one buyers wait for. Vaulted ceilings and walls of glass flood the space with natural light, drawing your eye outward to the ever-changing canvas of ocean, sky, and emerald peaks. The expansive lanai becomes your everyday sanctuary—whether it’s sunrise coffee, open-air dining, or sunset cocktails as the bay glows below. Designed for both lifestyle and flexibility, the lock-off floor plan offers separate entrances, bathrooms, and living areas—ideal for hosting with privacy, creating a personal retreat, or maximizing vacation rental potential (subject to resort guidelines). Few properties combine this level of versatility with such extraordinary setting & performance. In its first year under new management, the property reported $139,158.01 in gross rental income, with $119,574.64 to the owner after expenses—establishing a strong, proven foundation for income-minded buyers. The interior has been thoughtfully upgraded with quartz countertops and KitchenAid stainless steel appliances, blending design with everyday durability. Top-floor units in this orientation are exceptionally limited—and rarely available at this value. Now offered below its recent appraised value at $1,825,000, this is a decisive moment. The seller is clear: this is their final push before withdrawing from the market. Ownership at Hanalei Bay Resort includes access to lagoon-style pools, hot tubs, tennis courts, fitness facilities, on-site dining, paved beach access—all minutes from Hanalei town and the most celebrated beaches in the world. If you’ve been waiting for the right view, the right property, and the right moment—this is it.

Property Details

Price: $1,825,000
Sold Price:
Address: 5380 HONOIKI RD, #J33, PRINCEVILLE, HI 96722
Ownership: CPR
Status: Active
Category: Residential
Type: High Floor Unit, 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: Cathedral Ceiling(s), High Ceilings, Recreation Room, Vaulted Ceiling(s)
Exterior Features: Tennis Court(s)
View: Bay, Coastline, Mountain(s), Ocean, Ocean Horizon, Sunset, Waterfall
Pool: Yes
Pool Features: Gunite, In Ground, Outdoor Pool, Pool/Spa Combo

Appliances: Dishwasher, Disposal, Electric Cooktop, Microwave, Oven, Refrigerator, Washer/Dryer Stacked
Fireplace Features:
Flooring: Ceramic Tile, Vinyl
Security: Smoke Detector(s)
Laundry:
Garage Spaces:
Carport Spaces:
Parking Features: Unassigned
Additional Structures:
Home Warranty:

Community Information

Project Name: HANALEI BAY RESORT
Subdivision Name: PRINCEVILLE
Association Fee: $4,553 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: Landscaped, Rim Lot
Frontage Type: Almost Oceanfront
Roads: Paved
Roads Frontage Type:
Zoning: RR-10
Horse Amenities:

Additional Details

Assessed Tax Value: $1,479,900
Annual Tax: $16,939
Tax Year: 2024
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 11, 2025, 7:35 am
Last Updated April 17, 2026, 9:20 am
Listing Conditions: Fee Simple, Standard
Property Condition:
Financial Info Available:

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