2661-A HALALU ST

KOLOA, HI, 96756

$3,993,000

$1,351 per ft²
$3,993,000
$1,351 per ft²
Active
Active
 - For Sale
beds
4 Beds
baths
5.01 Baths
carpenters-square
2,954 ft²
property_type
Residential
calendar
Built 2014
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 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, are in their final approval completion stages with the HOA (which can take up to a year) 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.
MLS® ID:
701658
Listed:
2/21/23
Updated:
3/23/23
Corcoran Pacific Properties
Sirois Kaua'i

Interior Features

Kitchen Appliances
Disposal, Dishwasher, Freezer, Gas Grill, Microwave, Refrigerator, Range/Oven, Range Hood
Total Bedrooms
4
Full Bathrooms
5
Half Bathrooms
1
Floor Description
Carpet, Stone
Heating
Air Conditioning, Split/Zoned

Exterior/Building Features

Lot Size
1.09 acres lot
Lot Details
Corner, Grassy
Sewer
Sewer-Connected

Other Property Details

Area Name
Koloa
Taxes
$21076.05
Tax Frequency
per YEAR
Garage
Yes
Parking
Detached
View
Y
Utilities
Power: Underground
Water Source
Private
Pool
No
Pool Description
N
Zoning
R-4

 

Courtesy of Coldwell Banker Island Properties - Kauai, Ilona Coffey

Listing Contact:  

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Data last updated 6:11 PM UTC, 3/23/23

Corcoran Pacific Properties
Sirois Kaua'i
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