2661 HALALU ST, #2, KOLOA, HI 96756

Highly successful Vacation Rental in sunny Poipu

Listing Provided by: Coldwell Banker Island Properties - Kauai
MLS #: 720511

Description

Balinese-Inspired Oasis in Sunny Poipu Beach EstatesDiscover paradise in the heart of Poipu at this stunning Balinese-style retreat, perfectly situated on a sprawling 1-acre lot surrounded by serene tropical zen gardens. Located in the highly sought-after Poipu Beach Estates, this luxurious home offers an unmatched blend of privacy, elegance, and convenience—just a short stroll to world-class beaches, vibrant shopping centers (The Shops at Kukui’ula and Poipu Shopping Village), acclaimed restaurants, art galleries, and charming local boutiques.This exceptional property features two 4-bedroom homes, all ensuites each with its own private bathroom and lanai, inviting you to unwind and savor the beauty of Kauai’s lush surroundings.The first 4-bedroom home has been a successful vacation rental, and the second 4-bedroom home (ADU) has just finished construction in Aug 2025. Post construction pictures of the second home will be updated here soon.This property is a rare legal vacation rental, boasting an impressive track record of generating about $400,000 annually in gross rental revenue just from the first 4-bedroom home, with similar potential from the second 4-bedroom home. Home 1 comes fully furnished and turn-key, this home is ready to continue its legacy of success. Buyers can even inherit future reservations of over $380K and their associated income. Additional Features:Spacious Garages: Both detached two-car garage units are generously sized, each featuring loft spaces and bathrooms, perfect for extra storage or creative uses.Flexible Opportunities: CPR and sell one home while keeping the other, live in one and rent the other, or let both generate income—the possibilities are endless.

Property Details

Price: $5,991,000
Sold Price:
Address: 2661 HALALU ST, #2, KOLOA, HI 96756
Ownership: Full
Status: Active
Category: Residential
Type:

Total Bedrooms: 8
Total Bathrooms: 11
Full Baths: 10
Living Area: 4,212 Square Feet

Listed by: Coldwell Banker Island Properties - Kauai
Year Built: 2012
Levels: One, Two

Virtual Tour

Features and Amenities

Interior Features:
Exterior Features:
View: Garden, Mountain(s)
Pool:
Pool Features:

Appliances: Dishwasher, Disposal, Dryer, Freezer, Indoor Grill, Microwave, Range, Range Hood, Refrigerator, Washer
Fireplace Features:
Flooring: Concrete, Stone
Security:
Laundry:

Garage Spaces: 10
Carport Spaces: 2
Parking Features: Covered, Detached
Additional Structures:
Home Warranty:

Community Information

Project Name:
Subdivision Name: POIPU BEACH ESTATES
Association Fee: $245 Monthly

Stories: 1
Year Established:

Lava Zone:
Flood Zone: X

Land Information

Lot Size: 47,393 Square Feet
Waterfront:
Land Lease Rent:
Lease Type:
Land Tenure: Fee Simple

Lot Features: Corner Lot, Grassy
Frontage Type:
Roads: Private
Roads Frontage Type: HIS Road/Street

Zoning: R-4
Horse Amenities:

Additional Details

Assessed Tax Value: $2,547,400
Annual Tax: $29,504
Tax Year: 2025
Tax Lot: 183
Tax Block:

Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected, Underground Utilities
Cooling: HIS Air Conditioning, Zoned
Heating: Zoned
Sewer:
Water: Private
Solid Waste Disposal: County-Charge

First Listed August 16, 2025, 2:15 am
Last Updated August 16, 2025, 2:15 am
Listing Conditions: Fee Simple, Standard
Property Condition:
Financial Info Available:

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