Property 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.

Nestled 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 Kukui’ula 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.

This 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.

In addition, the garage unit is large and livable (has loft and bathroom) and is rented out with additional income potential.

So 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).

Existing 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

All 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.

Interior Features
: Mountain, Garden
: Disposal, Dishwasher, Microwave, Refrigerator, Range/oven, Range Hood, Gas Grill, Freezer
Double Wall
Carpet,Stone
Air Conditioning,Split/Zoned
: Drapes
: Washer, Dryer
Exterior Features
528 Sqft
: Other (remarks)
: Detached
Corner,Grassy
183
N
Fairly Level
Area Features
Underground
Private
: Sewer-connected
: County-charge
Cable,Satellite
Private
Land Line,Cell,Cable
Financial
2014
: R-4
No
4280311830000
2139700
$165
$21,076
Open
2022
Address Map
KOLOA
POIPU BEACH ESTATES
96756
HALALU ST
2661-A HALALU ST
: Koloa
Additional Details
Standard Sale
Fee Simple
02/21/2023 10:00:00
10/21/2023 20:39:37
286
Media
30
1
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Listor
Coldwell Banker Island Properties - Kauai
Ilona Coffey

Residential - 2661-A HALALU ST

2661-A HALALU ST, KOLOA, 96756

4 Bedrooms
5.01 Bathrooms
$4,992,000
Listing ID #701658
Basic Details
Summary : Highly successful Vacation Rental in sunny Poipu
Property Type : Residential
Listing Type : For Sale
Listing ID : 701658
Price : $4,992,000
Interior Area (Total) : 2,954 Sqft
Bedrooms : 4
Bathrooms : 5.01
Baths Full (Total) : 5
Half Bathrooms : 1
Land Area : 1.09 Acre
Status : Active
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Agent info
Team Mira
3147 Poipu Rd., Ste. 110B
Contact Agent