AALU PL (Poipu)

• Asking Price: $7,500,000
• Land: 3.54 acre
• Zoning: R-20
• Time Listed for Sale: 253 days
• Property Taxes: $ 2,468 / month
• Tax Assessed Total: $3,946,100
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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.