Irreplaceable Investment Property at the Beach! Located on the west side of ‘The Garden Island’, Kauai. The property is adjacent to the ocean and can never be replicated due to today’s setbacks and development regulations.
Close access to Waimea Canyon / Kokee Park and the Longest White Sand Beach in Hawaii. Spectacular sunsets year round. Employment centers of Pacific Missile Range Facility, Kauai Veteran’s Memorial Hospital, and other Kekaha/Waimea businesses are less than three miles away.
All units have been recently upgraded. Exterior was repainted within the last two years. Exact finishes and unit layout differ slightly from unit to unit. The 3 buildings consist of an SFR with office/storage and garages below, a duplex, and a 10-unit (5 up and 5 down). The SFR is closest to the ocean and would be ideal for owner occupancy. Most units have ocean views.
Recent Covid-19 economic factors have created a few vacancies. Otherwise, the property is generally full. New demand for housing on Kauai with growing needs from local employment centers has this property poised for upside.
The property’s wastewater system will require immediate upgrading and the price has been adjusted accordingly.
Property is not a licensed or permitted short term rental.
Please do not disturb tenants and all property access to be made by appointment only.
Past Activity
Feb 07, 2022 Sold for $2,475,000
Nov 03, 2021 Under Contract
Aug 12, 2020 Listed at $2,790,000
Sep 30, 2016 Under Contract
More Details
Price / ft²: $357
Zoning: O
Amenities: Dishwasher, Range, Refrigerator
TMK: 4130030130000
Tax Assessed Value: $1,339,000
Courtesy: Pacific Real Estate Services, LLC
MLS: 641485
Good to Know
Note: This page displays all real estate for sale in Kekaha, Kauai.
Sold 2/7/22 at $2,475,000 (List Price: $2,790,000)
Description
Irreplaceable Investment Property at the Beach! Located on the west side of ‘The Garden Island’, Kauai. The property is adjacent to the ocean and can never be replicated due to today’s setbacks and development regulations.
Close access to Waimea Canyon / Kokee Park and the Longest White Sand Beach in Hawaii. Spectacular sunsets year round. Employment centers of Pacific Missile Range Facility, Kauai Veteran’s Memorial Hospital, and other Kekaha/Waimea businesses are less than three miles away.
All units have been recently upgraded. Exterior was repainted within the last two years. Exact finishes and unit layout differ slightly from unit to unit. The 3 buildings consist of an SFR with office/storage and garages below, a duplex, and a 10-unit (5 up and 5 down). The SFR is closest to the ocean and would be ideal for owner occupancy. Most units have ocean views.
Recent Covid-19 economic factors have created a few vacancies. Otherwise, the property is generally full. New demand for housing on Kauai with growing needs from local employment centers has this property poised for upside.
The property’s wastewater system will require immediate upgrading and the price has been adjusted accordingly.
Property is not a licensed or permitted short term rental.
Please do not disturb tenants and all property access to be made by appointment only.
You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
Buyer and Seller have reached an agreement and are under contract. However, the sale is still subject to one or more contingencies.
We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, we can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000. Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
Other fees could be a special assessment, reserve contributions etc.
DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
