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SOLD
MLS: 660747
 
Asking Price: $2,195,000 Fee Simple
Sold Price: $1,800,000
Sold Date: 04/27/2023
Type: Residential
District: Koloa
Street: 5440 Puulima Rd
Neighborhood: Kalaheo Homesteads
Beds: 5   Baths: 3
Living Area: 2,183 SF
Land Area: 18.45 Acres
Parking: Attached
Days on Market: 724
(The Price of the property was lowered by $100,000 on 08/19/2022)
Year Built: 1945
Easements: Electric
Zoning: A
Roads: County
Land Recorded: Regular
Property Taxes: $950
Assessed Value: $480,800
Assessed Ratio: 456.53%
Listing Courtesy: eXp Realty
Terms Acceptable: Cash
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CPR possible, Second meter approved, 5 possible with some requirements.

Development options: 2nd water meter approved. CPR possibilities. With required DOW infrastructure upgrades total of 5 meters possible. See DOW attached adenda. Looking for a large, private parcel that can be used for farming, cattle and horses? This is it! Imagine owning your own private 18 acre mountain. This property has breathtaking views nestled into the Kalaheo valley. This homestead is surrounded by the lush green mountains and rolling hills with a view that draws you down the valley into the deep blue sea on Kaua'i's famous south shores. This property was developed by the first of now 3 generations. The land allowed for self sufficiency by grazing cattle and growing fruits (mangos, citrus, ulu, mountain apple etc), as well as vegetables and flowers that were sold at the local farmers market. Todays possibilities are endless: be off the grid in complete solitude, continue the husbandry or look at potential development possibilities this property presents. Being located in Kalaheo on Kauai's famous Southside you are close to the world famous beaches, restaurants and shopping in Old Town Koloa. Lihue, the central business center of Kauai, is just 15 minutes away and close to the airport, hospital, malls, restaurants and a wide range of professional service providers. Every once in a while a unique real estate opportunity arises. This is the one you want to preview as soon as possible it won't last long.


 
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