Perched on the bluff above Hanalei Bay to the West and bordering a lush tropical valley to the East, this custom-built home is designed to maintain privacy while capturing panoramic ocean and mountain views. The home's location on the Princeville side of Hanalei Planation Road also comes with a serious upside... you have the ability to vacation rent it! The entry level of this 2-story home features a master suite off of the pool, a flexible-use entertainment room, gourmet kitchen with connecting Butler's kitchen/pantry and a spacious living room with phenomenal Pacific Ocean and verdant green valley views. Follow the Brazilian Cherry wood floors upstairs and down the hallway past bedroom #3 to the second master suite with breathtaking views. An ensuite marble appointed bathroom has one of the better bathtubs on the planet that gives the feeling of bathing in a treehouse. Outdoor living spaces were thoughtfully incorporated as the house wraps a private center courtyard with a swimming pool and has a large ipe deck that extends off of the living room and over the valley. The spacious 2 car garage has adequate bonus storage to store your toys. Needless to say, outstanding attention to detail and design were at the forefront of this beautiful home. With pedestrian access to Hanalei's beaches at the western end of your street as an added bonus unknown by most, this active and successful vacation rental is a rare opportunity to own an income producing property on one of the best streets in the Hawaiian Islands.