MLS® 712351 (Hawaii Real Estate) is located at Nakoa St, HI 96756 in POIPU BEACH ESTATES. This property is currently listed for an *asking* price of $1,250,000 (Fee Simple) - please call for an explanation of fee simple vs leasehold. This is Hawaiian Land For Sale with a current listing status of Active. The lot size consists of approximately 0.30 acres and the annual taxes are currently reported at $3,047. Buying vacant land, farms and ranches in Hawaii is very different from the mainland. We can help. 808-298-2030 Click Here to read customer Reviews from people who have worked with this agent.
This lot in Poipu Beach Estates sounds like an incredible opportunity with numerous versatile advantages: It is suitable for various purposes, such as a family compound, investment property, homestay with rental, or development project. The ability to add an Additional Dwelling Unit (ADU) provides flexibility for additional living space or rental income, enhancing the property's value. Being in the Visitor Destination Area allows for short-term vacation rentals, which is highly advantageous given the proximity to popular attractions like Poipu Beaches, golf courses, tennis/pickleball courts, Kukui'ula Shopping Center, hiking trails, food trucks, and Koloa Town. This makes it an excellent lifestyle choice and potentially a lucrative investment opportunity. The property's location in a cul-de-sac ensures no traffic and a peaceful environment, while the level terrain makes development straightforward and appealing. All necessary infrastructure and utilities are already in place, including private roads, sewer, irrigation water, and security services provided by Garden Isle Security. Spectrum offers cable and wireless services at commercial rates, ensuring connectivity and convenience. Cost Savings: Significant savings on HOA fees compared to other nearby subdivisions that restrict the use of ADUs and vacation rentals will save you tens of thousands of dollars annually on HOA fees and allow you the potential to make tens of thousands of dollars in rental income. Overall, this lot presents a compelling opportunity in a highly desirable location. It offers flexibility, income potential, cost savings, and convenience. It is an ideal investment for those looking to capitalize on the vibrant tourism and residential market in Poipu, Kaua'i. It's easy to see. Maps and subdivision information are available. The seller is a licensed Real Estate Broker in Hawaii.
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Listing information last updated on August 24th, 2024 at 10:45pm HST.