3811 Edward Rd #1206, Princeville, HI 96722
Local realty services provided by:Better Homes and Gardens Real Estate Rainbow Island Properties
Listed by: ronnie margolis, kat ouano mobley
Office: exp realty
MLS#:725603
Source:HI_HIS
Price summary
- Price:$719,000
- Price per sq. ft.:$784.08
- Monthly HOA dues:$1,153
About this home
PRICED $180K+ BELOW ASSESSED VALUE | ACTIVE VACATION RENTAL
Second-floor, garden-view unit at The Cliffs at Princeville. Fee simple, fully furnished, and currently operating as an active vacation rental. County-assessed at over $900,000, it's offered at $719,000. The unit could use some updating, and that's where the opportunity sits — a buyer willing to put in some cosmetic work stands to gain real equity.
Rental management just changed hands: Heavenly Vacations recently took over Vacasa's Kauaʻi inventory, including this unit. Nightly rates are already up by more than $100 nightly since the transition, with room to grow further as the new program ramps up.
Two private lanais open to garden views filled with birdsong. Guests consistently comment on how quiet the unit is compared to the buildings closer to the ocean. Inside: an open, light-filled layout with strong cross-ventilation, a full kitchen, and two full bathrooms. The living room's queen sleeper sofa brings the capacity to four guests.
Amenities include a lagoon-style pool, two hot tubs, tennis and pickleball courts, a putting green, fitness center, BBQ areas, shuffleboard, twice-weekly farmers markets, and an activities desk. Makai Golf Course borders the property, and the bluff trail is a short walk to sunset overlooks and beaches most visitors never find. Anini Beach, Hanalei Bay, Tunnels, and Keʻe Beach are all within 15 minutes.
This is the largest price-to-assessed-value gap in the complex — priced for a buyer willing to do a little work....
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Home facts
- Year built:1980
- Subdivision & Development:PRINCEVILLE
- Listing ID #:725603
- Added:268 day(s) ago
- Updated:August 07, 2026 at 11:36 AM
Rooms and interior
- Bedrooms:1
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Carpet
- Kitchen Description:Dishwasher, Disposal, Electric Cooktop, Microwave, Range, Range Hood, Refrigerator
- Living area:917 sq. ft.
Structure and exterior
- Year built:1980
- Building area:917 sq. ft.
Utilities
- Water:Public, Water Available
- Sewer:Sewer Connected
Finances and disclosures
- Price:$719,000
- Price per sq. ft.:$784.08
- Tax amount:$9,539 (2025)
Features and amenities
- Appliances:Dishwasher, Disposal, Electric Cooktop, Microwave, Range, Range Hood, Refrigerator
- Pool features:Gunite, In Ground, Pool/Spa Combo
Parking
- Parking description:Unassigned
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