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SOLD
MLS: 662883 (Foreclosure)
 
Asking Price: $225,000 Fee Simple
Sold Price: $250,000
Sold Date: 11/03/2022
Type: Land/Residential Condo
District: Koloa
Street: 4758 Lae Rd
Neighborhood: Kalaheo Homesteads
Style: Vacant
Land Area: 0.55 Acres
Days on Market: 653
Zoning: A
Roads: County,Paved
Property Taxes: $2,922
Assessed Value: $509,600
Assessed Ratio: 44.15%
Listing Courtesy: Hawaii Life
Terms Acceptable: Cash,Other (remarks)
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4758 Lae Rd, Karasic Park II CPR Unit B, Kalaheo, HI 96741

No offers will be accepted during the 30 day First Look which expires at 6 PM on July 15, 2022. Over 1/2 acre of land zoned A for Agriculture in a beautiful rural setting near Kalaheo Town. The property is Unit B of the 3 unit Karasic Park II CPR. The original lot of record was allowed 2 homes and a guest house, per Kauai County Zoning. Units A and C have the dwelling rights per the Karasic Park II CPR documents. Subject property Unit B has the guest house rights per the CPR, but no dwelling rights. Buyer to due their own due diligence regarding county rules to determine if a guest house is possible, as county may not allow a guest house. Any future guest house shall be compliant with the County of Kauai rules and regulations for the construction of a guest house, which currently limits a guest house to 500 square feet of interior space. There are currently 3 structures on the property including 2 storage sheds and a 1920's stone building. The stone building has a demolition permit on file with Kauai County. The seller will not complete the demolition. It is up to the buyer, at buyer's expense, to either demolish the structure, or obtain permits to renovate and repurpose the structure. DO NOT ENTER the structures as they are unsafe. Do not enter the property without an agent present.


 
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