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2661 HALALU ST, #2, KOLOA, HI 96756

Highly successful Vacation Rental in sunny Poipu

Listing Provided by: Coldwell Banker Island Properties - Kauai
MLS #: 716413
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Description

Balinese-Inspired Oasis in Sunny Poipu Beach Discover 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 is under construction and expected to be completed 5/25. This property is a rare legal vacation rental, boasting an impressive track record of generating over $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 is Sold fully furnished and turn-key, this home is ready to continue its legacy of success. Buyers can even inherit future reservations and their associated income. Additional Features: New Construction: A nearly completed second 4-bedroom, 4-bath home with a detached garage with Studio adds even more versatility. Spacious Garages: Both 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. Existing Home has over $350K in future reservations waiting to be "inherited".

Property Details

Price: $6,999,000
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: 4,754 Square Feet

Listed by: Coldwell Banker Island Properties - Kauai
Year Built: 2012
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Features and Amenities

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Garage Spaces: 10
Carport Spaces: 2
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Community Information

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Subdivision Name: POIPU BEACH ESTATES
Association Fee: $245 Monthly
Stories: 1
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Land Information

Lot Size: 47,393 Square Feet
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Zoning: R-4
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Additional Details

Assessed Tax Value: $2,547,400
Annual Tax: $30,301
Tax Year: 2024
Tax Lot: 183
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First Listed December 11, 2024, 8:09 am
Last Updated February 9, 2025, 12:02 pm
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