Active

2661-A HALALU ST

KOLOA HI, 96756

$4,992,000


$1,689.91 per sqft

Active

4 Beds

5.5 Baths

2,954 sqft

Residential

Built in 2014

Updated Information 10/2/23: FULLY APPROVED BY THE COUNTY OF KAUAI AND THE HOA: Building Plans for an additional 4 bd house and an additional garage unit on this property.

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 Kukui'ula 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 primary 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 over $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 from the HOA (which can take up to a year) and THE COUNTY OF KAUAI, and will convey with the sale of the property. 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.

701658

MLS ID

February 15, 2024

Updated

Map

2661-A HALALU ST
KOLOA HI, 96756

Interior Features

Bedrooms

4 Beds


Bathrooms

5.5 Baths


Interior Features

Carpet


Appliances

Dishwasher, Disposal, Freezer, Microwave, Oven, Range, Refrigerator, Dryer, Washer


Floor Description

Carpet


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

1.09 Acres


Lot Features

Corner Lot, Level

Other Property Details

Area Name

Koloa


Taxes

$21,076


Tax Frequency

Annually


Days on Market

231


Association Fee

$165


Association Fee Frequency

Monthly


Garage

No


View

Yes


View Description

Mountain(s)


Water Source

Private


Pool

No


Zoning

R-4

 

Courtesy of Coldwell Banker Island Properties - Kauai, Ilona Coffey

Listing Contact:  

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor eXp Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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