Makahuena Estates is a breathtaking 13 acre oceanfront development on Kauai’s southern coastline within the Poipu Beach Resort area. The rare and dear development is the first release of its kind in Poipu Beach, Kauai in several decades. Listed as a bulk offering at $20,000,000, 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 lots are available for the development of single family homes. 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 covered by this listing are as follows: 4-2-8-21-41, 4-2-8-21-69, 4-2-8-21-70, 4-2-8-21-71, 4-2-8-21-72, 4-2-8-21-73, 4-2-8-21-74, 4-2-8-21-75, 4-2-8-21-76, 4-2-8-21-77 and roadway lots. A comprehensive due diligence packet is available to qualified Buyers inclusive of County approvals, maps, shoreline certification and more.
Listing courtesy of Elite Pacific Properties LLC.
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