NAKOA ST Unit 119
KOLOA, HI 96756
- – beds
- – baths
- – sqft
- 13,001 sqft lot
There is nothing like this on the market. This lot is an incredible opportunity to build two houses in the VDA. 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.
Listing courtesy of HISMLS / COMPASS
Last checked:
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Last updated Oct 4, 2024
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MLS# 712351 —
Financial & Terms
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Land Tenure:Fee Simple
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Assessed Value:$602,000
Location
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Latitude:21.88491071
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Longitude:-159.46584774
The Property
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Lot Number:119
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Lot Description:Cul de sac, Clear, Grassy
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Zoning:R-4
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Topography:Level
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Land Area:13001
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View:Mountain
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Oceanfront:N
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Roads:Paved, Private
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Form:Land
Listing Agent
- Contact info:
- Agent phone:
- (808) 652-0746
- Office phone:
- (808) 913-1548
Taxes
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Taxes:$3,046.55
The Listing
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Distressed Property:Standard Sale
Utilities
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Water:Private, Other (remarks)
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Power:Underground
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Sewer:Sewer-Not Connected
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TV Access:Cable
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Phone Access:Cable, Cell
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Solid Waste Disposal (Trash):County-Charge
Schools
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School District:Koloa
The Community
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Subdivision:POIPU BEACH ESTATES
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Pool:No
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Monthly Fees:$195
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Association Dues:195.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
7/15/24
Jul 15, 2024
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Listed / Active | HISMLS | $1,250,000 |