Located in the Heart of Hanalei at the end of a quiet cul-de-sac, this large 5-bedroom, 4.5-bath custom home with A/C is a Licensed Vacation Rental (TVR #5128) and a fantastic retreat designed to comfortably fit extended families. Custom craftsmanship throughout, the home features a large gourmet kitchen with free-standing island, 4 spacious lanais, 2 laundry areas, and an ample 2-car garage w/ built-in surf board racks. The large living/dining/kitchen area is great for family & friends. Situated on a quiet little side street that is tucked away, Papio Place gets very little traffic, making the cul-de-sac location ideal for small children. The home is located within an easy 5-minute stroll to the beach at Hanalei and is also within close proximity to stores, restaurants, farmer's markets, and fitness studios -- everything that Hanalei has to offer is close at hand!A small stream behind the house is great for kids -- for fishing, exploring, and catching prawns. The stream also lends a soothing air of ambiance to the large back lanai. Mountain and waterfall views are best seen from the upstairs master bedroom & junior master suites. Located w/in an IRS Opportunity Zone.Other notable features of the home include:* 2 Master Suites - Each w/ Private Covered Lanais* 2 Guest Bedrooms* A 5th "Lock-Out" Bedroom Suite w/ Private Bath, Wet-Bar & Separate Entrance (Great for Extended Family & Guests)* Air Conditioning* 3 Wet Bars* Brazilian Cherry Hardwood Floors* Wolf Ovens* Granite Counter Tops* Whirlpool Tub in Master Suite* Copper Rain Gutters* Stainless Hardware & Appliances* Crown Molding, Coffered Ceilings & Recessed Lighting* Custom Cabinetry* Great Airflow* Ipe DecksThis property has been an active and successful vacation rental for many years. Its quality and character put it in a class that is superior to many of the older homes that are currently on offer in Hanalei.