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Hawaii, Kauai County, Koloa, USA

USD $5,799,000
Hamptons, International USA
PROPERTY TYPE

Detached

BEDROOMS

4

BATHROOMS

6

SIZE

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Key features

  • Basement: None

Description

Updated Information 10/2/23: FULLY APPROVED BY THE COUNTY OF KAUAI AND THE HOA: Building Plans for an additional 4 bd house and an additional garage unit on this property. brbrNestled on just over a 1-acre lot surrounded by tropical zen gardens at Poipu Beach Estates, this Balinese-styled home is in the heart of sunny Poipu and walking distance to beaches, shopping centers (the Shops at Kukuiula and Poipu Shopping Village), restaurants, galleries and cool local shops. This luxury home is in a quiet and peaceful neighborhood that offers plenty of privacy. All 4 bedrooms are primary suites with their own bathrooms and lanais to enjoy nature and get closer to paradise. br brThis is also a fantastic buying opportunity for investors. This home is a legal vacation rental which is booked year-round and generates over $400K per year in gross rental revenue. It is being sold fully furnished, turn key and if a buyer wants to "inherit the future reservations (and income from them) that can be arranged. brbr In addition, the garage unit is large and livable (has loft and bathroom) and is rented out with additional income potential. br brSo many options but to top it all, the large 1.09-acre lot lot has plenty of space for you to legally build another 4-bedroom house plus an additional garage. Or CPR and sell part of land (recent land sale of comparable size in the community was $1M just for a 1/3rd acre lot). brbr brbrExisting plans for a future 4-bedroom, 1,800 sq ft home, plus a second garage, have received their final approval from the HOA (which can take up to a year) and THE COUNTY OF KAUAI, and will convey with the sale of the property. This parcel is also a candidate for a CPR brbr brbrAll information is deemed reliable however Agents and Buyers must independently verify any info they deem material or important to their purchase or any offered price thereunder. Square footage should be confirmed by an appraisal report.


Hawaii, Kauai County, Koloa, USA

Approximate location

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About Hamptons, International USA

Established in 1869, Hamptons has 80+ branches in the UK and over 1,200 international partner offices globally, marketing a wide range of properties from apartments to grand country estates.

While we are a national estate agent, our local offices provide in-depth knowledge of each area, ensuring you receive expert advice with a personal touch.

Our international presence is no different, with a growing network across more than 35 countries, we work with hand-picked international partners to ensure that you are always dealing with the local home experts, whether in the UK or overseas.

As The Home Experts, we're here to guide you every step of the way. Whether you're selling or letting, our reach allows us to connect your property with the right buyers or tenants, offering expertise and a service that makes all the difference. Our specialists in compliance, property management, and market research are on hand to make the process as smooth as possible.

It's a journey - we'll get you there.

Notes

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This is a property advertisement provided and maintained by Hamptons, International USA (reference 20943868_14761268) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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