Lihue - Beach Property For Sale #6864644

Oceanfront Hawaiian Retreat | Exceptional 14.62% CAP Rate Escape to paradise-or let your guests do the same-at the Outrigger Kauai Beach Resort, a Hawaiian Plantation-style retreat on 25 lush oceanside acres. Ideally located between the North and South Shores, this tranquil, centrally positioned resort is perfect for exploring the Garden Isle. This beautifully renovated first-floor oceanfront unit offers the ideal mix of personal enjoyment and investment performance. Step from your private lanai onto manicured grounds with sweeping ocean views and easy access to pools and beach. Inside, two inviting queen beds (rare for KBR), new A/C, fresh paint, luxury vinyl plank flooring, and modern farmhouse furnishings create a calm, coastal-chic space that's fully turn-key and offered furnished. Seller offers a verified 2024 CAP rate of 14.62%, a strong estimated 2025 CAP rate and with future reservations already booked, this property delivers immediate income potential. Guests enjoy access to four pools, two hot tubs, a 75-foot waterslide, waterfalls, a full-service spa, poolside tiki bar, on-site dining, and new cabanas. Additional amenities include a fitness center, business center, concierge, car rental desk, 24-hour front desk, and a sundry shop serving Starbucks coffee. Recent resort updates-fresh exterior paint, upgraded elevators, refreshed corridors, and an upcoming lobby and fitness center renovation-enhance value and appeal. Monthly maintenance fees include cable, Wi-Fi, electricity, water, and trash for true hassle-free ownership. Whether as your personal island retreat, a high-performing vacation rental, or both, this oceanfront escape offers exceptional comfort, convenience, and returns within one of Kauai's most beloved resort destinations.