1645 PEE RD $19,000,000

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    1645 PEE RD Koloa, HI 96756

    Contingent

    $19,000,000

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    • 13.00 Acres
    • Land
    • MLS# 631131
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    Views: 144 Days On Market: 422

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    Property Details

    This Listing is in escrow; however, the Seller has reserved the right to continue to market the property and receive back-up offers.

    Listed as a bulk offering at $19,000,000, Makahuena Estates consists of 10 subdivided lots ranging in size from 1.001 acres to 1.535 acres. The Seller has completed the infrastructure improvements, received Final Subdivision Approval from the County of Kauai and further improved the property with hand sculpted lava rock walls. All 10 lots are available for the development of single family homes.
    Makahuena Estates is a breathtaking 13 acre oceanfront development on Kauai's southern coastline within the Poipu Beach Resort area. The development is the first release of oceanfront acreage in decades and considered a one-of-a-kind in Poipu Beach.

    In addition to its exceptional features, a unique benefit to Makahuena Estates is the placement of lots 1-8 and lot 10 within Kauai's Visitor Destination Area ('VDA'), allowing these properties the opportunity to rent homes on a vacation rental basis.

    Tax Map Keys and lot sizes are as follows:
    4-2-8-21-41 1.24 ac
    4-2-8-21-69 1.03 ac
    4-2-8-21-70 1.0010 ac
    4-2-8-21-71 1.0010 ac
    4-2-8-21-72 1.13 ac
    4-2-8-21-73 1.10 ac
    4-2-8-21-74 1.54 ac
    4-2-8-21-75 1.12 ac
    4-2-8-21-76 1.0040 ac
    4-2-8-21-77 1.11 ac
    Roadway Lot 41,208 sqft

    A comprehensive due diligence packet is available to qualified Buyers inclusive of County approvals, maps, shoreline certification and more.

    The information herein is provided without warranty or guaranty of any kind. Buyers shall independently verify all information related to the purchase pursuant to the Purchase Contract.

    • General Features
      • Land Tenure Fee Simple
      • Location 1645
      • Subdivision MAKAHUENA ESTATES
      • Land Area 566,280
      • Topography Gentle Slope
      • Oceanfront Parcel Y
      • Taxes Annual $39,487
    • Property Features
      • Lot Description Land Clear, Cul de sac, Grassy, Rocky
      • Fence Wall Rock/Stone
      • Roads Private, Paved
      • Solid Waste Disposal Trash Other (remarks)
      • Power Underground
      • Wastewater None

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    Neighborhood

    96756 (Koloa) Demographics

    39 Median Age
    234 Population Density (per sq. mile)
    45% College Educated
    $62,065 Estimated Median Income
    1,085 Estimated Total Home Owners
    919 Estimated Total Renters
    54% / 46% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    5,766 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $820,000 Median Sales Price
    21 Homes Sold
    31 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $19,000,000
        8/25/2020 11:18:45 AM Status Changed Source New Value: Contingent
        8/1/2019 6:49:00 AM New in Database Source New Value: $19,000,000

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        Based on information from MLS Hawaii, Inc. d/b/a Hawaii Information Service, listings last updated on 9/26/2020 6:20:01 PM. All information is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. Data may not be reproduced or redistributed and may not be used for any purpose other than individual consumer's use.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.

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        Cheryl Dillon, RB-18551, James W. Wright, RB-16206, 1-800-735-2100