VACATION RENTAL HOME IN THE HEART OF KAPAA — JUST STEPS FROM THE OCEAN
Experience classic Old Hawai‘i charm paired with ocean views and the rare advantage of a Vacation Rental License. Nestled on a quiet one-way street in the charming Niulani neighborhood, this plantation-style home offers the perfect blend of island character, comfort, and convenience.
Located just one street from the ocean, this inviting property is within close proximity to beaches, shopping, restaurants, and the coastal bike path, making it an ideal destination for visitors and owners alike. The spacious lot is framed by mature coconut palms, tropical landscaping, and a lush grassy yard that creates a private, relaxing island setting.
The home is designed to comfortably accommodate up to 10 guests with 3 bedrooms, 3 full baths, an additional sleeping nook with twin beds off the upstairs primary suite, plus a pull-out sofa. The main level features two bedrooms and two baths, along with a spacious open-concept kitchen and dining area, separate sitting area, and comfortable living room. Upstairs, the private primary suite includes a full bath, charming sleeping porch, and a lanai with beautiful ocean views and cooling trade winds.
Outdoor living is at the heart of this property, with an expansive front lanai perfect for relaxing, entertaining, or enjoying peaceful afternoons beneath the swaying palms. A detached two-car garage provides ample parking and additional storage space.
Additional highlights include:
Vacation Rental License
Ocean views
Detached 2-car garage with storage
Updated from cesspool to septic
Zoned R-20, offering potential for a guest house or additional structure (Buyer to verify with County)
Showings available between guest stays. Owner requests all vacation rental reservations be honored transferred to new owners upon closing.
Non branded video: https://player.vimeo.com/video/935112251
For sale
$1,999,000
963 Niulani Rd, Kapaa, HI 96746
3beds
1,520sqft
Est.: Get pre-qualified
Single Family Residence
Built in 1947
9,375 Square Feet Lot
$1,886,700 Zestimate®
$1,315/sqft
$-- HOA
What's special
Ocean viewsLush grassy yardTropical landscapingPull-out sofaPlantation-style homeSpacious lotQuiet one-way street
- 25 days |
- 800 |
- 44 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Jill Caisey 8086348062,
Hawaii Life,
Jaclyn Semlak 808-720-7998,
Hawaii Life
Source: Hawaii Information Service,MLS#: 730068
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Features
- Has fireplace: No
Interior area
- Total structure area: 1,520
- Total interior livable area: 1,520 sqft
Property
Parking
- Parking features: Detached
Features
- Has view: Yes
- View description: Coastline, Mountain(s), Ocean Horizon
- Has water view: Yes
- Water view: Ocean
Lot
- Size: 9,375 Square Feet
Details
- Parcel number: 4430090050000
- Zoning: R-20
- Special conditions: Fee Simple,Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- Year built: 1947
Utilities & green energy
- Sewer: Septic Tank
- Utilities for property: Electricity Available
Community & HOA
Community
- Subdivision: WAIPOULI
Location
- Region: Kapaa
Financial & listing details
- Price per square foot: $1,315/sqft
- Tax assessed value: $901,700
- Annual tax amount: $10,008
- Date on market: 5/1/2026
- Listing terms: 1031 Exchange,Cash,Conventional
- Ownership: Full
- Electric utility on property: Yes
- Road surface type: Other, Paved
Estimated market value
$1,886,700
$1.79M - $1.98M
$5,077/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/1/2026 | Listed for sale | $1,999,000-4.8%$1,315/sqft |
Source: | ||
| 10/1/2025 | Listing removed | $2,099,000$1,381/sqft |
Source: | ||
| 6/24/2025 | Price change | $2,099,000-4.5%$1,381/sqft |
Source: | ||
| 5/23/2025 | Price change | $2,199,000-2.2%$1,447/sqft |
Source: | ||
| 5/10/2025 | Listed for sale | $2,248,000-0.1%$1,479/sqft |
Source: | ||
| 2/4/2025 | Listing removed | $2,250,000$1,480/sqft |
Source: | ||
| 11/12/2024 | Price change | $2,250,000-10%$1,480/sqft |
Source: | ||
| 4/16/2024 | Listed for sale | $2,500,000+133.6%$1,645/sqft |
Source: | ||
| 7/27/2006 | Sold | $1,070,000+134.4%$704/sqft |
Source: Public Record Report a problem | ||
| 8/24/2001 | Sold | $456,500+61.3%$300/sqft |
Source: Public Record Report a problem | ||
| 10/8/1999 | Sold | $283,000$186/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,008 +96.5% | $885,700 -1.8% |
| 2024 | $5,095 -53.9% | $901,700 -19.7% |
| 2023 | $11,057 +39.6% | $1,122,500 +39.6% |
| 2022 | $7,919 +20.5% | $804,000 +20.5% |
| 2021 | $6,572 +11.1% | $667,200 +11.1% |
| 2020 | $5,913 | $600,300 +3.9% |
| 2019 | -- | $577,700 -1.2% |
| 2018 | $5,758 +16.6% | $584,600 +4.8% |
| 2017 | $4,937 +95.3% | $557,900 -11.6% |
| 2016 | $2,528 | $631,000 +10.4% |
| 2015 | $2,528 | $571,300 +11.1% |
| 2014 | -- | $514,000 +116.1% |
| 2000 | -- | $237,800 +7.4% |
| 1999 | -- | $221,400 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 96746
Nearby schools
GreatSchools rating
- 3/10Kapaa Elementary SchoolGrades: PK-5Distance: 1.7 mi
- 2/10Kapaa Middle SchoolGrades: 6-8Distance: 1.1 mi
- 6/10Kapaa High SchoolGrades: 9-12Distance: 1.9 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Hawaii
- Kauai County
- Kapaa
- 96746
- 963 Niulani Rd



