Koloa, HI 96756,AALU PL #9
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Koloa, HI 96756,AALU PL #9

$7,500,000

Est. payment /mo
Est.Price: ?

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AALU PL #9 Koloa, HI 96756

3.54 Acres Lot

SOLD DATE : 12/19/2024

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

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Hawaii Information Service(HIS)
Listed by COMPASS

Jonathan Brooke

+1(808) 938-3679

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