$19,000,000

1645 Pee Rd

Koloa HI, 96756

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 Kauais 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 Kauais 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 1.24ac
4-2-8-21-69 1.03ac
4-2-8-21-70 1.0010ac
4-2-8-21-71 1.0010ac
4-2-8-21-72 1.13ac
4-2-8-21-73 1.10ac
4-2-8-21-74 1.54ac
4-2-8-21-75 1.12ac
4-2-8-21-76 1.0040ac
4-2-8-21-77 1.11ac
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.

Details

MLS#631131
Listing TypeFor Sale
Sub-TypeResale
StatusContingent
Days On Site260

Features

ZoningO
Acreage13.00

Market Activity 96756

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Area Information
StateHI
CityKoloa
Zip Code96756
AreaKoloa
Listing VS Median (in 96756)
Price:
$19,000,000
low | high
Med:
$884,900
100% of Average
On Site:
260
low | high
Med:
30
100% of Average
Listing Updated: 09/19/2020
Hannah Sirois LogoMLS Number: 631131
Listing Provided By:
Hannah Sirois  of  Elite Pacific Properties LLC

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