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SOLD
MLS: 634168
 
Asking Price: $1,379,000 Fee Simple
Sold Price: $1,225,000
Sold Date: 07/09/2020
Type: Multi-Family
District: Koloa
Street: 4031-L Koloa Rd (off Of)
Neighborhood: Nunes Tract
Beds: 6   Baths: 2
Living Area: 3,788 SF
Style: 2 Units
Land Area: 1.28 Acres
Parking: Covered,Attached
Days on Market: 1619
Year Built: 1972
Zoning: R-4
Roads: Unpaved
Land Recorded: Regular
Property Taxes: $6,125,.03
Assessed Value: $1,012,400
Assessed Ratio: 136.21%
Listing Courtesy: Hawaii Life Real Estate Brokers
Terms Acceptable: 1031 Exchange,Cash,Conventional,USDA-Rural Dev,VA
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2 Homes on Large 1.28 acre Parcel in Lawai on Reservoir

2 Upgraded homes on 1.28 acres off Koloa Road in Lawai.  It is rare to find a R-4 zoned parcel this size within minutes of Koloa Town and Poipu Beach.  Live in one and rent the other, rent them both, or hui up with friends or family to have a large homestead compound.  The mostly level grassy 1.28 acre lot has plenty of room for development, gardening, playing, or used as your own \"field of dreams\".  Mature fruit trees on the property include avocado, coconut, banana and lime.

The \"Reservoir House\" has peaceful and tranquil views overlooking a reservoir.  A large covered lanai from the living room to the Master Bedroom, offers extended living space, outdoor living and views of the reservoir below. Well designed with large open living area, fireplace, a wall of windows, laundry room w/entry into the kitchen and garage. Recent upgrades include fresh interior paint, hardwood & tile floors, updated lighting, cabinetry, granite tile countertops w/ample counter space. The Master bedroom w/ private ensuite bath also enjoys views & access to the lanai. An enclosed 546 sf garage w/laundry room provide extra storage. 3 bed, 2 bath, 1,528 sf of living  938 sf other. 

The \"Large House\" with front entry lanai & large covered rear lanai that offers extended outdoor living space, views looking across the large grassy space & reservoir. Large open floor plan w/multiple french door entrances and windows. Hardwood & tile floors, updated cabinetry, granite tile countertops, large kitchen island provides ample storage and counter space. The large multi level Master ensuite has multiple entrances. Garage area and separate laundry room provides extra storage and living space for this 3 bed, 3 bath, home 1,894 sf  1142 sf other. 

Both homes remodeled & roofs replaced within the last 11 years. 5 Dwelling potential. Tentative layout and map available. (Development subject to County & State approvals). Tenant occupied with mo/mo leases.


 
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