NAKOA ST, KOLOA, HI 96756
Capitalize on the vibrant tourism and residential market in Poipu, Kaua'i.
Listing Provided by: COMPASS
MLS #: 712351
MLS #: 712351
Description
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.
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.
Property Details
Price: $1,250,000
Sold Price:
Address: NAKOA ST, KOLOA, HI 96756
Ownership: Full
Status: Active
Category: Land
Type:
Sold Price:
Address: NAKOA ST, KOLOA, HI 96756
Ownership: Full
Status: Active
Category: Land
Type:
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Living Area: Square Feet
Features and Amenities
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View: Mountain(s)
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Community Information
Project Name:
Subdivision Name: POIPU BEACH ESTATES
Association Fee: $195 Monthly
Subdivision Name: POIPU BEACH ESTATES
Association Fee: $195 Monthly
Stories:
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Lava Zone:
Flood Zone: X
Flood Zone: X
Land Information
Lot Size: 13,001 Square Feet
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Land Tenure: Fee Simple
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Land Tenure: Fee Simple
Lot Features: Cleared, Cul-De-Sac, Grassy
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Roads: Paved, Private
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Roads: Paved, Private
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Zoning: R-4
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Additional Details
Assessed Tax Value: $602,000
Annual Tax: $3,047
Tax Year: 2023
Tax Lot: 119
Tax Block:
Utilities: Cable Available, Electricity Available, Other, Phone Available, Sewer Not Available, Underground Utilities
Cooling:
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Sewer:
Water: Other, Private
Solid Waste Disposal: County-Charge
Cooling:
Heating:
Sewer:
Water: Other, Private
Solid Waste Disposal: County-Charge
First Listed July 15, 2024, 6:23 am
Last Updated August 9, 2024, 1:15 pm
Listing Conditions: Fee Simple, Standard
Property Condition:
Financial Info Available:
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