1645 PEE RD $19,000,000

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    1645 PEE RD Koloa, HI 96756

    • 1.24 Acres
    • Land
    MLS# 631131 | Active
    Days On Market: 103 12 Views
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    Property Details

    Makahuena Estates is a breathtaking 13 acre oceanfront development on Kauai's southern coastline within the Poipu Beach Resort area. The rare and dear development is the first release of its kind in Poipu Beach, Kauai in several decades. 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 lots are available for the development of single family homes. 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 covered by this listing are as follows: 4-2-8-21-41, 4-2-8-21-69, 4-2-8-21-70, 4-2-8-21-71, 4-2-8-21-72, 4-2-8-21-73, 4-2-8-21-74, 4-2-8-21-75, 4-2-8-21-76, 4-2-8-21-77 and roadway lots. A comprehensive due diligence packet is available to qualified Buyers inclusive of County approvals, maps, shoreline certification and more.

    • General Features
      • Land Tenure Fee Simple
      • Location 1645 PEE RD
      • Subdivision MAKAHUENA ESTATES
      • Land Area 54,189
      • 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

    40Median Age
    234Population Density (per sq. mile)
    45%College Educated
    $62,065 Estimated Median Income
    1,085Estimated Total Home Owners
    919Estimated Total Renters
    54% / 46%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    5,766Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $779,435 Median Sales Price
    12 Homes Sold
    16 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
        11/6/2019 5:48:41 AM Price Reduced Source New Value: $19,000,000 -5%
        8/1/2019 6:49:00 AM New in Database Source New Value: $20,000,000

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        Based on information from MLS Hawaii, Inc. d/b/a Hawaii Information Service, listings last updated on 11/12/2019 8:50:37 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.

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