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Sandpiper Village #132 (Princeville)

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Photo 1 of 4770 Pepelani Lp #132, Princeville
Photo 2 of 4770 Pepelani Lp #132, Princeville
Photo 3 of 4770 Pepelani Lp #132, Princeville

4770 Pepelani Lp #132, Princeville

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Description
Excellent Income producing 2 unit Vacation Rental. This property is the best return on investment I have seen in years. Approximately $157,000 is collected annually and after all fees the Net income is quite high. Beautifully remodeled and fully furnished this active vacation rental is typically rented out a little below market. Stay in Side A, rent side B, and get a nice income while staying in beautiful Princeville. With Hanalei just a 10 minute drive and many options for dining and activities, you'll never regret this purchase! Its usually booked and not easy to show but an open house is coming.
Past Activity
  • Apr 21, 2025 Sold for $1,025,000
  • Mar 21, 2025 Under Contract
  • Feb 16, 2025 Off Market
  • Feb 13, 2025 Listed at $1,075,000
  • Jun 19, 2020 Sold for $515,000
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $0.83
  • Price / ft²: $984
  • Zoning: R-15
  • Amenities: Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer
  • TMK: 4540150210032
  • Tax Assessed Value: $1,024,000
  • Courtesy: eXp Realty / 8086340695
  • MLS: 717864
About Sandpiper Village
  • Address: 4770 Pepelani Loop, Princeville, HI 96722.
     
  • Built: 1980, 74 2BR Units in 37 2-Story Buildings on 4.95 Acres.
     
  • Amenities: Pool, Jacuzzi, BBQs.
     
  • Short-term Vacation Renting: Allowed.
     
  • Developer: Seafirst Mortgage.

Sandpiper Village sits in a central area of Princeville, the 17th fairway of Princeville Makai Golf Course lining its entire south side just across Ka Haku Rd.

The two bedroom condos’ interiors range from 1,042 to 1,506 Sq Ft with two lanais on the outside. There are some that also have an additio


  ... Read more
MLS properties and information provided herein is deemed reliable but is not guaranteed by the Hawaii Information Service, Inc. Listing Service. © 2025 Hawaii Information Service. All Rights Reserved. This website is for personal, non-commercial use only. Listings last updated on December 22, 2025.
Other Sandpiper Village Listings
$1,029,000
Sandpiper Village #218
2 Bds | 2.5 Ba
1,173 ft²
Other Princeville Condos
$1,050,000
Alii Kai At Hanalei #12D
2 Bds | 2 Ba
1,020 ft²
$975,000
Plantation At Princeville #611
2 Bds | 2 Ba
1,153 ft²
$1,080,000
Puamana Princeville #5B
2 Bds | 2 Ba
1,298 ft²
$1,090,000
Princeville Mauna Kai #9A
2 Bds | 2 Ba
1,503 ft²
$950,000
Princeville Sealodge #C7C
2 Bds | 2 Ba
748 ft²
$1,169,000
Alii Kai At Hanalei #7202
2 Bds | 2 Ba
886 ft²
  • Sold 4/21/25 at $1,025,000
    (List Price: $1,070,000)
Description
Excellent Income producing 2 unit Vacation Rental. This property is the best return on investment I have seen in years. Approximately $157,000 is collected annually and after all fees the Net income is quite high. Beautifully remodeled and fully furnished this active vacation rental is typically rented out a little below market. Stay in Side A, rent side B, and get a nice income while staying in beautiful Princeville. With Hanalei just a 10 minute drive and many options for dining and activities, you'll never regret this purchase! Its usually booked and not easy to show but an open house is coming.
    MLS properties and information provided herein is deemed reliable but is not guaranteed by the Hawaii Information Service, Inc. Listing Service. © 2025 Hawaii Information Service. All Rights Reserved. This website is for personal, non-commercial use only. Listings last updated on December 22, 2025.
    • Address: 4770 Pepelani Loop, Princeville, HI 96722.
       
    • Built: 1980, 74 2BR Units in 37 2-Story Buildings on 4.95 Acres.
       
    • Amenities: Pool, Jacuzzi, BBQs.
       
    • Short-term Vacation Renting: Allowed.
       
    • Developer: Seafirst Mortgage.

    Sandpiper Village sits in a central area of Princeville, the 17th fairway of Princeville Makai Golf Course lining its entire south side just across Ka Haku Rd.

    The two bedroom condos’ interiors range from 1,042 to 1,506 Sq Ft with two lanais on the outside. There are some that also have an additio


      ... Read more
    Other Sandpiper Village Listings
    $1,029,000
    Sandpiper Village #218
    2 Bds | 2.5 Ba
    1,173 ft²
     
    You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
    Buyer and Seller have reached an agreement and are under contract. The sale may be subject to one or more contingencies.
    We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, our network of agents can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
    Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
    We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
    Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
    Other fees could be a special assessment, reserve contributions etc.
    DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
    Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.