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Hanalei, HI Real Estate News

By Ronnie Margolis, Kauai Realtor - CDPE, ABR, RA - On Top of the Aloh
(KW Kauai)
  Today, TGI reported that Quintus is selling their timeshare business to Celebrity Resorts at the Hanalei Bay Resort. The luxury 22-acre resort which sits right on Hanalei Bay ( you know the place where PUFF the Magic dragon lived by the sea,  And frolicked in the autumn mist in a land called honah le) is a combination of timeshare and fee simple owners. Currently, the fee simple units range in price from 1B units for 700,000, all the way up to units for 1.5 million that have great Hanalei Bay views. The Bali Hai Restaurant and adjoining Happy Talk Lounge are rumored to be being sold to Jim Moffatt who owns and operates the successful Bar A Cuda, a tapas restaurant in downtown Hanalei. The acquisition comes nine months after 40 resort and restaurant workers were laid off when cash shor...
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By Ronnie Margolis, Kauai Realtor - CDPE, ABR, RA - On Top of the Aloh
(KW Kauai)
There's an interesting property for sale out in Haena that may provide a great investment opportunity for someone who values the North Shore of Kauai and doesn't mind a little bureaucratic challenge. This home in Haena is seven bedrooms and six and a half baths. It's currently 5 rentals. The main home rents for 3K a week and the other units for less. If a large group wants to rent the entire property , it rents for 5-7k a week. The property is currently assessed at 2.482 Million. While the listing is at 1.7M, i believe you could buy it for less if you are patient enough to deal with the bank. The owners are upside down and are clearly walking from the property. The challenge is the fact that the home is in the non VDA location and thusly, the owner must submit an application for a non c...
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By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
I've been on the Hanalei Okolehau Trail before but its been so long I'd forgotten how beautiful it is. I also was not aware of how far the trail actually goes. The trailhead is accessed by driving up the Hanalei Valley road (Ohiki Road) located at the one lane bridge as you drive down from Princeville towards Hanalei. When you get to the one lane bridge, you'll see the Hanalei Valley Road off to the left. Turn onto the road which heads back into the valley. Please go slowly as the road is narrow and borders the Hanalei National Wildlife Refuge area. The trailhead is a short distance down the road and has a parking area. Here are pictures going back into the valley. The Hanalei river is on the left.Taro fields are on your right.This trail is pretty much all uphill and offers spectacular ...
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