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 1.24Â ac 4-2-8-21-69 1.03Â ac 4-2-8-21-70 1.0010Â ac 4-2-8-21-71 1.0010Â ac 4-2-8-21-72 1.13Â ac 4-2-8-21-73 1.10Â ac 4-2-8-21-74 1.54Â ac 4-2-8-21-75 1.12Â ac 4-2-8-21-76 1.0040Â ac 4-2-8-21-77 1.11Â 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.
*This Payment Calculator is intended for educational and planning purposes only. **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
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.