$1,299,000

848 Kamalu Rd

KAPAA HI, 96746

Description

Developers dream: existing 3,112 sq ft home and 3 additional homesites in a park-like setting adjacent to Sleeping Giant Half Acres. The sale CAN include TWO half acre lots already subdivided: TMK 4-4-4-11-25, 4-4-4-11-26 which are side by side along Kamalu Road and the lane up to the house. Both lots are listed at $399,000 each and each qualifies for two homesites. The combined 3 lots would total 8 homesites (confirm with County), ideal for a developer. List price is $200,000 below County assessment.
This could also be a private 2.21 acre estate with a 3,112 square foot classic Ossipoff style home featuring an open floor plan with distinct Hawaiian style features. Home will require extensive renovation but is a diamond in the rough. There is a porte-cochere which greets Guests and protects the front entrance to the home. There are buffed cement floors and high ceilings throughout and classic mid-century bi-fold and pocket doors original to the home. The fireplace is a common Ossipoff feature. There are four bedrooms (functionally five) and an Office off the front door. Every bedroom and the Office has it's own bathroom, four in total. The 140 square foot Master Suite and Bath are spacious for there day. The original Servant's Quarters are situated off the Kitchen and has it's own 160 square foot deck - this would make an excellent In-Law Unit or Guest suite. The home was built in 1949 and is in it's original condition. A new aluminum shake shingle roof was installed in 2014 and the home has a full 5 bedroom Septic system installed in June 2004. Termite was done in August 2020. Survey/staking done in August. See attached Addenda. 2020. All Buyers must provide Listor with a Pre-Qualification Letter or Proof of funds.

Details

MLS#642381
Listing TypeFor Sale
StyleHouse
Sub-TypeFee Simple
StatusActive
Year1949
Days On Site14

Features

Bed(s)4
Bath(s)4 Full
SQ Feet3,112
Acreage2.21
Property ViewYes

Market Activity 96746

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Area Information
StateHI
CityKAPAA
Zip Code96746
AreaKauai
Community NameKAPAA HOMESTEADS 2ND SERIES
Listing VS Median (in KAPAA HOMESTEADS 2ND SERIES)
Price:
$1,299,000
low | high
Med:
$1,299,000
50% of Average
SqFt:
3,112
low | high
Med:
3,112
50% of Average
$ / SqFt:
$417
low | high
Med:
$417
50% of Average
On Site:
14
low | high
Med:
14
100% of Average
Listing Updated: 09/29/2020
Donald Pixler LogoMLS Number: 642381
Listing Provided By:
Donald Pixler  of  KW Kauai

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