Long Term Rental income is presently at $9,500 per month! $1,950,000

Home Off Market

Long Term Rental income is presently at $9,500 per month! Investors Dream Property! Property is in the Hawai'i Opportunity Zone with Potential Capital Gains Tax Benefits.This unique artistic house could be your home, your investment as income property, or both with private rentable areas. It is located in the Hanalei District on the most exclusive & beautiful North Shore of Kauai between Hanalei Town & the end of the road at Ke'e, Na Pali Coast. There is a secluded white sand beach a short walk away from the property. The house is considerably larger than the official square footage which does not include covered lanais, hallways, laundry, storage areas & office areas.Recent remodeling within the last year includes all new exterior & interior paint, showers, cabinets, elastomeric roof, landscaping etc. Interior materials include genuine travertine floor tiles, river stone granite counters, rainforest marble on lower walls, rose marble in showers, onyx counters in bathrooms, Hawaiiana woven bamboo ceiling, and long balconies with long lasting copper pickets, and durable trex and Ipe decking. The floors in bedrooms are Douglas Fir and the trim throughout is tropical hardwood. The entry has a fountain and koi pond below the custom built winding stairs with rare Native Ohia Wood logs. There is covered parking and a wood platform downstairs with a large pond with palms, several varieties of bamboo & fruit treesThe WOW moment occurs when you enter house and see the lush green Mountains & waterfalls of upper Wainiha valley through a curved screened in dining area with 12 foot tall ceilings.The lush 2/3 acre property includes banana, lychee, rambutan, tangerines, papaya, coconut and taro, with plenty of land for gardening and massive mature bamboo and other tropical trees for privacy between properties. There is a screened in granite patio downstairs with rooms for kids, or possibly a music studio, a private meditation room, or even a caretaker's residence