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2661-A Halalu St

Koloa, HI 96756
  • $4,992,000
  • STATUS: Active
  • ON SITE: 207 Days
  • MLS #: 701658
UPDATED: 59 min ago
$4,992,000
  • 4
    BEDS
  • 1.09
    ACRES
  • 5
    BATHS
  • 1
    1/2 BATHS
  • 2,954
    SQFT
  • $1,690
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2014
Area:

School Ratings & Info

Description

Updated Information 6/23/23: HOA has approved the building Plans for a 2nd 4 bd house and an additional garage unit. Plans are now going through the County of Kauai for Approval:Nestled on just over a 1-acre lot surrounded by tropical zen gardens at Poipu Beach Estates, this Balinese-styled home is in the heart of sunny Poipu and walking distance to beaches, shopping centers (the Shops at Kukuiula and Poipu Shopping Village), restaurants, galleries and cool local shops. This luxury home is in a quiet and peaceful neighborhood that offers plenty of privacy. All 4 bedrooms are master suites with their own bathrooms and lanais to enjoy nature and get closer to paradise. This is also a fantastic buying opportunity for investors. This home is a legal vacation rental which is booked year-round and generates $400K per year in gross rental revenue. It is being sold fully furnished, turn key and if a buyer wants to "inherit the future reservations (and income from them) that can be arranged. In addition, the garage unit is large and livable (has loft and bathroom) and is rented out with additional income potential. So many options but to top it all, the large 1.09-acre lot lot has plenty of space for you to legally build another 4-bedroom house plus an additional garage. Or CPR and sell part of land (recent land sale of comparable size in the community was $1M just for a 1/3rd acre lot). Existing plans for a future 4-bedroom, 1,800 sq ft home, plus a second garage, have received their final approval with the HOA (which can take up to a year) and will convey with the sale of the property. These plans are now at the County. This parcel is also a candidate for a CPR All information is deemed reliable however Agents and Buyers must independently verify any info they deem material or important to their purchase or any offered price thereunder. Square footage should be confirmed by an appraisal report.

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© 2023 MLS Hawaii, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Kauai Exclusive Realty. Data last updated: 2023-09-28T03:34:17.983.
www.kauaiexclusiverealty.com/homes/137459658
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2661-A Halalu St Koloa, HI 96756

  • Price: $4,992,000
  • Status: Active
  • On Site: 207 Days
  • Updated: 59 min ago
  • MLS #: 701658
4
Beds
5
Baths
1
½ Baths
1.09
Acres
2,954
SQFT
$1,690
$/SQFT
2014
Built
Neighborhood:
Poipu Beach Estates
Area:
Koloa
Property Description
Updated Information 6/23/23: HOA has approved the building Plans for a 2nd 4 bd house and an additional garage unit. Plans are now going through the County of Kauai for Approval:Nestled on just over a 1-acre lot surrounded by tropical zen gardens at Poipu Beach Estates, this Balinese-styled home is in the heart of sunny Poipu and walking distance to beaches, shopping centers (the Shops at Kukuiula and Poipu Shopping Village), restaurants, galleries and cool local shops. This luxury home is in a quiet and peaceful neighborhood that offers plenty of privacy. All 4 bedrooms are master suites with their own bathrooms and lanais to enjoy nature and get closer to paradise. This is also a fantastic buying opportunity for investors. This home is a legal vacation rental which is booked year-round and generates $400K per year in gross rental revenue. It is being sold fully furnished, turn key and if a buyer wants to "inherit the future reservations (and income from them) that can be arranged. In addition, the garage unit is large and livable (has loft and bathroom) and is rented out with additional income potential. So many options but to top it all, the large 1.09-acre lot lot has plenty of space for you to legally build another 4-bedroom house plus an additional garage. Or CPR and sell part of land (recent land sale of comparable size in the community was $1M just for a 1/3rd acre lot). Existing plans for a future 4-bedroom, 1,800 sq ft home, plus a second garage, have received their final approval with the HOA (which can take up to a year) and will convey with the sale of the property. These plans are now at the County. This parcel is also a candidate for a CPR All information is deemed reliable however Agents and Buyers must independently verify any info they deem material or important to their purchase or any offered price thereunder. Square footage should be confirmed by an appraisal report.
Exterior Features

Carport Area Total 0 Design Double Wall Exterior Area Total 528 Fence Other (Remarks) Garage Area Total 0 Land Tenure Fee Simple Lot Description CornerGrassy Ocean Front No Pool No Roads Private Topography Fairly Level View MountainGarden

Interior Features

Appliances DisposalDishwasherFreezerGas GrillMicrowaveRefrigeratorRange/OvenRange Hood Floors CarpetStone Heating Cooling Air ConditioningSplit/Zoned Washer Dryer DryerWasher Window Coverings Drapes

Property Features

Assessed Value 2139700 Assessment Year 2022 Distressed Standard Sale Lot Number 183 Monthly Association Fees 165.00 Oceanfront Unit N Phone Service Land LineCellCable Power Underground Property Type Residential Sewer Sewer-Connected Solid Waste Disposal County-Charge Tax Key 428031183 Taxes 21076.05 Terms Open Total Monthly Fees 165.00 Tv Availability CableSatellite Vehicle Parking Detached Water Private Zoning R-4

Listing information © 2023 MLS Hawaii, Inc. All rights reserved.
Listing courtesy of Coldwell Banker Island Properties - Kauai.


© 2023 MLS Hawaii, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Kauai Exclusive Realty. Data last updated: 2023-09-28T03:34:17.983.
 
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