4536 Mikala Pl
$429,000
Price:
$429,000
Bedrooms:
2
Bathrooms:
1.01
MLS:
(ACTIVE) 606040
Interior Area:
1,216 sqft
Price/sqft:
$353
Year Built:
1975
Lot Size:
7,759 sqft
Land Tenure:
Lease Hold
Property Type:
Single Family
On Market:
Jun 23, 2017
Updated:
Oct 21, 2017
Foreclosure:

Listing Remarks

Take advantage of this incredible chance to own a home just steps from the beach, and at a significant discount from all other properties in the area. A rare find in the fabled and majestic beach town of Haena, on Kauai's beautiful North Shore, this is one of the lowest priced residential homes on the island of Kauai. Founded at the end of a quiet cul-de-sac, this relaxing, Hawaiian home is peaceful and enjoys gorgeous mountain views. Priceless, spectacular beaches are just minutes from your door. Enjoying snorkeling, diving and surfing in crystal clear blue waters is easy and fun. Shell hunting on the island's blissful sandy beaches and embarking on adventurous hikes are also among the many popular, free local activities Kauai residents and visitors alike appreciate. Delicious restaurants open for breakfast lunch and dinner are just minutes away. The exquisite Napali Art Gallery and Cafe and rejuvenating day spa are also within walking distance. The home is currently being long-term rented at a discounted rate of $3,000/month. This current tax-based estimate on Zillow is $829,985.


The charming home offers an open floor plan with vaulted ceilings, and was renovated 12 years ago with these finishes:
- Bamboo Flooring Throughout
- New Roof - Wood Shingle
- New Paint - Interior & Exterior
- New Tile Floors in the Kitchen & Baths
- New Range/Oven and Refrigerator *2017*

The surrounding nature and trees bless this home with a very nice, private feeling. Being one of a handful of leasehold homes on Mikala Place, the property is not fee simple, which means you have the right to use the land and hold the title of the physical home until 2050 at which point the lease would expire. Land lease cost per month is $755 which is much more reasonable than just about any condominium assoc. fee, especially with the added privacy, location, and use of a yard. You will be hard-pressed to find a home of this nature for this price, especially on Kauai.

Property Location