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.
Listing courtesy of Corcoran Pacific Properties.
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