This property has fractional or shared ownership. It's one of the smartest ways to enjoy beachfront living on Kauai. Hanalei Colony Resort J3 offers ownership through an LLC, giving you two months every year-August and September-to enjoy your own oceanfront condominium. Whether you spend your time here creating family memories, generating rental income, or both, you're sharing ownership-not compromising the experience. This top-floor two-bedroom, one-and-a-half bath residence sits just steps from the sand with panoramic ocean views, cooling trade winds, and one of the most peaceful locations on Kauai's North Shore. Expenses like insurance, utilities and maintenance are shared among the owners, making beachfront ownership far more attainable. It's an opportunity to enjoy oceanfront living, build a legacy for your family, and own a piece of Kauai-without purchasing an entire beachfront condominium. Sometimes the dream isn't about owning more... it's about owning exactly the right amount. Why Shared Ownership? o Oceanfront ownership for $219,000 instead of $1.5M+ o Two months of exclusive use every year o Rental income potential when not in use o Shared ownership means shared expenses o Buy additional shares if available o Enjoy the benefits of oceanfront ownership with a substantially lower financial commitment