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SOLD
MLS: 607364
 
Asking Price: $399,000 Fee Simple
Sold Price: $380,000
Sold Date: 01/02/2018
Type: Land
District: Kawaihau
Street: 4442 Kamoa Rd
Neighborhood: Waipouli
Style: Vacant
Land Area: 18,254 SF
Days on Market: 2499
(The Price of the property was lowered by $96,000 on 11/02/2017)
Easements: Other (remarks)
Zoning: RR-20
Roads: County,Paved
Property Taxes: $3,985
Assessed Value: $367,300
Assessed Ratio: 108.63%
Listing Courtesy: Hawaii Life Real Estate Brokers
Terms Acceptable: 1031 Exchange,Agreement of Sale,Cash,Construction Loan,Conventional,Lease w/ Purchase Opt,PMM,Other (remarks)
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Multi-unit Development Lot Next to Beach in Kapaa

Seller wants to close in 2017! Multiple-Unit Development Lot located in Kapaa Town next to the beach, Bull Shed Restaurant, Mokihana Hotel, Waipouli Beach Resort, Safeway, Starbucks, Foodland, Ross, Long\'s Drug, McDonald\'s etc.
RR-20 Zoning allows for: Vacation Rentals, B&Bs, Homes, Condos, Hotel, VDA, Resort, Residential use etc.
Current zoning allows for 8 individual dwelling units to be built on subject property (subject to County and State approval).
The lot has one existing water meter. Letter from the Department of Water (dated 09/19/2016) states \"the existing facilities are adequate for seven additional 5/8-inch water meters for residential use.\"
Flood Zone X: 0.2-percent-annual-chance (or 500-year) flood area of minimal flood hazard.
Coastal Pedestrian Path Easement of approximately 2535 sf runs along western boundary.
Archeological Survey and Archaeological Monitoring Plan have already been completed.
Listing Brokerage is the Owner. Open to Joint Ventures or other options. We are currently in the process of obtaining bids for sewer and water meter drawings.


 
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