$7,500,000
For more information regarding the value of a property, please contact us for a free consultation.
AALU PL #9 Koloa, HI 96756
3.54 Acres Lot
Key Details
Sold Price $7,500,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Subdivision Koloa Town
MLS Listing ID 708859
Sold Date 12/19/24
Annual Tax Amount $29,614
Lot Size 3.544 Acres
Property Description
Old Koloa Town is the heart of Kauai's southshore where all appreciate the context and simplicity of such a historic and resilient community. Where shops are local, residents know each other, visits occur at the post office and where a short walk or bike ride leads to the elementary school, ballpark and beach.
Here is Koloa Creekside, an entitled development opportunity in the heart of Old Koloa Town where multi-family living is needed and also the highest and best use. Develop the 3.5440-acre site and layer in one more chapter into this favored location by providing permanent housing to the community. This property is not zoned for vacation rentals.
The Seller has submitted construction plans to the County to utilize the entitlements in place for 72 condominium units. Available to the future owner are sewer improvements.. The potential for added density exists; speak with the County of Kauai Planning Department to understand options under the South Kauai Community Plan's Form Based Code.
Due Diligence Package Available.
View the video at https://player.vimeo.com/video/641707000?h=9c34831b07
Lines on photography are approximate and added for context only.
Location
State HI
Area Koloa
Building/Complex Name KOLOA CREEKSIDE ESTATES I
Zoning R-20
Exterior
Pool No
Building
Lot Description None
Sewer Sewer-Not Connected, Other (remarks)
Water Municipal
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP