Kauai Dreams Realty

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1645 PEE RD | Makahuena Estates

for sale in Koloa, Kauai, 96756 | MLS: 631131 | Active

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$20,000,000(fs)
Property Highlights
Payments: $95,928/mo (terms) Land: 1.24 ac. ($369/sf) Days in MLS: 82 Page Views: 74 Save Favorite Request More Info
Property Details
Lot Description: Clear, Cul de sac, Grassy, Rocky Predominant Topography: Gentle Slope Fencing: Rock/Stone Road Type: Private, Paved Water: County Project: Makahuena Estates District: Koloa Subdivision: Makahuena Estates Zoning Code: O Taxkey (TMK): 4280210410000 Acceptable Terms: Cash Land Tenure: Fee Simple Annual Property Taxes: $39,487 Oceanfront: Yes

M
akahuena 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 Brokerage: Elite Pacific Properties LLC
It is illegal to discriminate against any person because of race, color, religion, sex, handicap, familial status, or national origin. ©2014 MLS Hawaii, Inc. All rights reserved. Listing information above provided by Hawaii Information Service, a Multiple Listing Service. This information is deemed reliable but is not guaranteed. Information was last updated: 2019-10-22 16:56:03