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3582 Rice St, Lihue, HI, 96766

4beds
4baths
2,457sqft
$8,500,000
$3,460price/sqft
$47,543/moest. monthly cost
$1,901,720/yrincome needed

About This Home

Excellent Opportunity for Developers Located in the Heart of Lihue! *Almost 17 acres already CPRed into 12 units, ready to build *New Construction "open concept" 4 bedroom 3.5 bath home of appx 2,457 sqft already completed on Unit 1 - making it easy for any developer to have homebase to start development plans. *2 installed water meters, plus 10 more granted water meters *Highly sought after location in the heart of Lihue *Close to Lihue Airport and Industrial Parks *Walking distance to Kalapaki Beach and Nawiliwili Harbor *Walking distance to Kukui Grove, restaurants and shops *Zoning consists of a mix of O (Open Urban), R (Residential) and CN (Commercial Neighborhood) creating various opportunities *Units 1, 2, 3, 4, 5 and 12 have been cleared *Elevated build sites could bring expansive views of the ocean For more photos: https://bit.ly/3582_Rice_Street_MLS Don't miss out on this unique opportunity to develop in the heart of Lihue!

Getting Around

49
WalkingCar-Dependent
0
TransitVery Limited Transit
27
BikeSomewhat Bikeable

Schools

7/10
Kauai High SchoolGrades 9-120.4 mi

Construction

Condition

  • Year built: 2023

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Range,Range Hood,Refrigerator,Washer

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Cooling

  • Cooling features: Air Conditioning

Features

  • Flooring: Ceramic Tile,Laminate

Interior Area

  • Total structure area: 2,457
  • Total interior livable area: 2,457 sqft

Property

Details

  • Parcel number: 4320060130000
  • Zoning: O
  • Special condition: Fee Simple,Standard

Features

  • Levels: Two
  • Fencing: Stone,Wood
  • Has view: Yes
  • View description: Garden
  • Topography of land: Fairly Level,Gentle Slope,Steep Slope

Lot

  • Lot size: 16.99 Acres
  • Features: Cleared,Wooded

Parking

  • Parking features: Other

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingVery High
  • Lightning
    LightningVery High
  • Tsunami
    TsunamiModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Tsunami
Wildfire

FEMA Declared Disasters Across Hawaii Counties

Flood
Mud Landslide
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $42,980$515,760
Home Insurance *$2,002$24,024
Property Taxes $1,770$21,240
Electricity $791$9,494
Total$47,543$570,516
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,630,045/yr
40% on housing$1,426,290/yr
45% on housing$1,267,813/yr

Hawaii FAIR Plan Programs

Hawaii - Hurricane Relief Fund

Covered
WindWind
Visit Website →
Current Policies
Residential: 2,402Commercial: -4
Total Premiums$5.57M
Total Exposure$928.92M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.8%
8.8%
0%30.0%
Electricity Growth Rate10-year average: 5.6%
5.6%
0%15.0%
Property Taxes Growth Rate2-year average: -1.6%
-1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$3,460This listing

vs Other Active Listings

Avg $/sqft

ZIP 96766$748
Kauai County$1,370

vs Homes Sold Last Month

Median $/sqft

ZIP 96766$598
Kauai County$725

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-01-08Price change$8,500,000
2025-11-13Listed for sale$10,000,000
2003-09-23Sold$350,000

For Sale by Agent

AgentCatherine Pennell
BrokerageKeller Williams Honolulu

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