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SOLD
MLS: 299866
 
Asking Price: $18,000,000 Fee Simple
Sold Price: $17,000,000
Sold Date: 06/01/2021
Type: Land
District: Koloa
Street: 5425 Pau A Laka St
Neighborhood: Koloa
Style: Vacant
Land Area: 25.39 Acres
Days on Market: 2082
Zoning: R-10
Roads: Paved
Property Taxes: $67,760
Assessed Value: $11,200,000
Assessed Ratio: 160.71%
Listing Courtesy: Oceanfront Sotheby's International Realty
Terms Acceptable: Cash,Conventional
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Kiahuna Poipu Golf Resort development land is comprised of an approximate 25.3-acre tract located adjacent to the Kiahuna Golf Course in the popular Poipu Beach area on the Island of Kauai, Hawaii. The property is zoned R-10 Residential and is located in the (VDA) Visitor Destination Area, which allows the property usage for short term transient vacation rentals. The property has full entitlements, zoning and project use permits approving the development of 280 resort condominium units directly on the fairway of the recently remodeled Robert Trent Jones II designed Kiahuna Golf Club. If your clients are looking for a shovel ready project, this is the one!!!

The property is uniquely located within a short walk to the ocean and Poipu Beach, and is also within walking distance of the Poipu Village Shops, Kukui’ula Shops and many excellent Restaurants. The Master Plan for the Kiahuna Golf Village calls for the development of 914 total single-family and multi-family residences bordering the Golf course. Currently, there are 99 single family residences now built as part of this master plan, with two other projects under construction. The Kiahuna Poipu Golf Resort’s portion of this master plan project comprises 280 condominium units on the eastern border of the 2nd hole of the Kiahuna Golf Course.

The Kiahuna property is situated in Poipu Town, on the sunny, dry south coast of Kauai and has become known as one of the fastest growing destinations on the island. The beach is also blessed with an offshore reef, protecting much of the shoreline, creating ideal conditions for diving, surfing, boogie boarding, snorkeling and swimming.


 
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