1645 PEE RD, KOLOA, HI 96756

$19,000,000
List Price
$19,000,000
Price Change
▼ $1,000,000 1573075162
Days on Market
482
MLS#
631131
Status
CONTINGENT
Type
Land
Building
Makahuena Estates
Land Area
566,280
Land Tenure
Fee Simple
Neighborhood
Makahuena Estates

Property Description

This Listing is in escrow; however, the Seller has reserved the right to continue to market the property and receive back-up offers. Listed as a bulk offering at $19,000,000, Makahuena Estates consists of 10 subdivided lots ranging in size from 1.001 acres to 1.535 acres. The Seller has completed the infrastructure improvements, received Final Subdivision Approval from the County of Kauai and further improved the property with hand sculpted lava rock walls. All 10 lots are available for the development of single family homes. Makahuena Estates is a breathtaking 13 acre oceanfront development on Kauai’s southern coastline within the Poipu Beach Resort area. The development is the first release of oceanfront acreage in decades and considered a one-of-a-kind in Poipu Beach. In addition to its exceptional features, a unique benefit to Makahuena Estates is the placement of lots 1-8 and lot 10 within Kauai’s Visitor Destination Area (“VDA”), allowing these properties the opportunity to rent homes on a vacation rental basis. Tax Map Keys and lot sizes are as follows: 4-2-8-21-41 1.24 ac 4-2-8-21-69 1.03 ac 4-2-8-21-70 1.0010 ac 4-2-8-21-71 1.0010 ac 4-2-8-21-72 1.13 ac 4-2-8-21-73 1.10 ac 4-2-8-21-74 1.54 ac 4-2-8-21-75 1.12 ac 4-2-8-21-76 1.0040 ac 4-2-8-21-77 1.11 ac Roadway Lot 41,208 sqft A comprehensive due diligence packet is available to qualified Buyers inclusive of County approvals, maps, shoreline certification and more. The information herein is provided without warranty or guaranty of any kind. Buyers shall independently verify all information related to the purchase pursuant to the Purchase Contract.

Additional Information

Solid Waste Disposal Trash
Other (remarks)
Roads
Private, Paved
Taxes Annual
$39487
Lot Number
1
Zoning
O
Lot Size
566,280
Lot Description Land
Clear, Cul de sac, Grassy, Rocky
Water
County
Power
Underground
Sewer
None
Assessed Value
1538500
Topography
Gentle Slope
District
Koloa

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Corcoran Pacific Properties.

Based on information from the Multiple Listing Service of the Hawaii Information Service listings last updated . Information is deemed reliable but not guaranteed. Copyright 2020 by the Hawaii Information Service Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer’s agent. If the active listing you are interested in is our company’s active listing, you may speak to one of our agents regarding your options for representation.