USLakeFront Lake survey & intelligence

$390,000

5317 Marina Dr, Kapaa, HI 58855

Sample listing
4
Bedrooms
2
Bathrooms
2,750
Square feet
300 ft
Shoreline
$1,300
Per shoreline ft

Renovated cedar cabin on a quiet cove on Wailua Reservoir. Roughly 300 feet of owned shoreline on 3.38 acres, with 4 bedrooms across 2,750 square feet. Covered boathouse. Water clarity on Wailua Reservoir averages around 6 feet and the lake is classified managed for water level. Dock and shoreline work fall under Hawaii DLNR. This is a sample listing used to demonstrate the platform.

Features

New seawallWhole-house generatorRiprap shorelineGuest quartersCovered slipOpen floor plan

Property facts

Property typeEstate Year built2001 Lot size3.38 acres DockCovered boathouse Water depth at dock6 ft ExposureSouth-facing ViewProtected cove Annual taxes$4,567 HOA$120/mo Short-term rentalVerify locally Listed2026-08-05
$3,911
All-in monthly
$90,610
Cash to close
$16,072
Costs beyond the obvious

Up front

Down payment$78,000
Closing costs (est. 2.4%)$9,360
Septic inspection & pump$850
Water quality testing$400
Waterfront home inspection$800
Survey (shoreline frontage)$1,200
Total$90,610

Every year

Principal & interest$24,658
Property taxes$4,567
Hazard insurance$1,638
Flood insurance$2,400
HOA / POA dues$1,440
Utilities$3,713
Maintenance reserve (1.1%)$4,290
Septic service$520
Well & water testing$260
Dock maintenance$900
Winterization / seasonal close$750
Shoreline / seawall reserve$1,800
Total$46,935
Adjust these assumptions →
$1,300
This home / shoreline ft
$3,216
Lake average
$142
Per square foot
Well below the lake average — this property prices at $1,300 per shoreline foot against a lake average near $3,216, a difference of -60%. Shoreline frontage is the metric that drives waterfront value, and it is almost never published.
Open the analyzer →
Modeled from the lake's estimated nightly rate and occupancy. Confirm local short-term rental rules before you rely on this.
Booked nights / year116 Gross revenue$70,629 Lodging tax−$7,769 Management−$12,572 Cleaning & supplies−$15,570 Net operating income$34,718 Against annual carry$-12,218
Model your own →
4.8
Lake score
D
Water grade
3 ft
Drawdown
Level stabilityManaged Typical clarity6 ft Dock authorityHawaii DLNR
Full Wailua Reservoir report →
Comparable

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