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MLS: 666621 (Active - For Sale)
 
Asking Price: $599,000 Fee Simple
Type: Land/Residential Condo
District: Kawaihau
Street:
Neighborhood: Kulana Subdivision
Monthly Association Fee: $400
Style: Vacant
Land Area: 3.11 Acres
Days on Market: 198
(The Price of the property was lowered by $50,000 on 04/07/2023)
Year Built: 0
Easements: Driveway,Electric,Telephone,Water
Zoning: A
Roads: County,Private,Paved
Land Recorded: Regular
Property Taxes: $1,719
Assessed Value: $254,700
Assessed Ratio: 235.18%
Listing Courtesy: eXp Realty
Terms Acceptable: 1031 Exchange,Cash,Conventional
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All Land For Sale in Kulana Subdivision

Kauai Planning Commission (10/11) approved all Kulana-related subdivisions.

Welcome to Kulana, Kauai's exclusive agricultural condominium project of 100 home-sites covering approximately 400 acres. Unit 2G is ideally located for those seeking privacy, seclusion, and an elevated building site with views. A bonus for added value. income or personal utilization is the right to build a guesthouse (soon to be up to 800 sq ft). The guest house right is typical valued at approximately $150,000. The unique feature of this property is that it is methodically planted forest of Paper Bark trees, nearly 100 years old, and origionally planted for erosian control. Kulana community amenities include a recreational lake, many acres of open space, and many other natural areas that are located throughout Kulana. This is a paradise for runners, joggers, cyclists, and horse lovers. Located less than a mile and a half from downtown Kapaa makes shopping, access to beaches, and restaurants very convenient.
Each home site has the right to build an agricultural building that could be used as a stable or for many other applications. Underground utilities, design guidelines and community covenants provide assurance of beauty and value for the future. The home sites were strategically located by the Developer to maximize views, privacy, and spacing. Latest update: Today, 10/11/22, the Kauai Planning Commission approved all three Kulana-related subdivisions. Values of the Kulana properties may rise following receipt of subdivision approval and the ability to obtain a building permit. Now may be the ideal time to look at the Kulana project as an investment or your future homesite. There are roughly 20 advanced disclosure documents, prepared by the Seller. Seller requests that these documents be reviewed by client and agent prior to the submission of any Purchase Contract. Dept. of Water Facilities Reserve charge of approximately $400 needs to be paid by Buyer to have meter installed when active water service is desired.

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1 Transaction(s) Found in Sales History
MLS List Date Sold Date List Price Sold Price
25626807/23/201203/06/2015$120,000$80,000

4 Sold Properties Found (Last 12 months)
Description List Date Sold Date List Price Sold Price
0 Bed 0 Bath04/22/202305/19/2023$589,000$550,000
0 Bed 0 Bath06/08/202107/26/2022$650,000$650,000
0 Bed 0 Bath10/24/202108/01/2022$675,000$625,000
0 Bed 0 Bath10/24/202201/03/2023$799,000$675,000
Average Price:  $625,000

 
This information has not been verified by the associate and should be
verified by the buyer. Information is deemed reliable but not guaranteed.
Copyright: 2014 by Hawaii Information Systems.
 
IDX information is provided exclusively for consumer's personal, non-commercial
use and may not be used for any purpose other than to identify prospective
properties consumers may be interested in purchasing.
 
The active listings on this site are listed by REALTORS®. If you are
interested in those listings, we may represent you as the buyer's agent.
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