Ilona Coffey
ilona@kauaiagent.com
(808) 635-1495
Coldwell Banker Island Properties - Kauai

2661-A Halalu St
$4,992,000
Price:
$4,992,000
Bedrooms:
4
Bathrooms:
5.01
MLS:
(ACTIVE) 701658
Interior Area:
2,954 sqft
Price/sqft:
$1,690
Year Built:
2012
Lot Size:
1.09 acre(s)
Land Tenure:
Fee Simple
Property Type:
Single Family
On Market:
Mar 04, 2023
Updated:
Apr 25, 2023
Total Monthly Fees:
$165
Foreclosure:

Listing Remarks

Nestled on just over a 1-acre lot surrounded by tropical zen gardens at Poipu Beach Estates, this Balinese-styled home is in the heart of sunny Poipu and walking distance to beaches, shopping centers (the Shops at Kukui’ula and Poipu Shopping Village), restaurants, galleries and cool local shops. This luxury home is in a quiet and peaceful neighborhood that offers plenty of privacy. All 4 bedrooms are master suites with their own bathrooms and lanais to enjoy nature and get closer to paradise.

This is also a fantastic buying opportunity for investors. This home is a legal vacation rental which is booked year-round and generates $400K per year in gross rental revenue. It is being sold fully furnished, turn key and if a buyer wants to "inherit the future reservations (and income from them) that can be arranged.

In addition, the garage unit is large and livable (has loft and bathroom) and is rented out with additional income potential.

So many options but to top it all, the large 1.09-acre lot lot has plenty of space for you to legally build another 4-bedroom house plus an additional garage. Or CPR and sell part of land (recent land sale of comparable size in the community was $1M just for a 1/3rd acre lot).



Existing plans for a future 4-bedroom, 1,800 sq ft home, plus a second garage, are in their final approval completion stages with the HOA (which can take up to a year) and will convey with the sale of the property. This parcel is also a candidate for a CPR



All information is deemed reliable however Agents and Buyers must independently verify any info they deem material or important to their purchase or any offered price thereunder. Square footage should be confirmed by an appraisal report.

Property Location



Public Reports

Other Details

Address: 2661-A Halalu St , Poipu Beach Estates 96756
Lat/Long: 21.88147541 | -159.46554251
Taxkey: 4280311830000
Lot Number: 183
Property Type: Single Family
Bedrooms: 4
Full Baths: 5
Half Baths: 1
Living Area: 2,954 sqft
Land Area:
Oceanfront Parcel: N
Pool: N
Association Dues: $165
Annual Tax: $21,076
Assessed Value: $2,139,700
Assessment Year: 2022
Zoning: R-4
Annual Tax (Year): 2015
Garage Area: 0 sqft
Carport Area: 0 sqft
Car Storage:
  • Detached
Appliances:
  • Disposal
  • Dish Washer
  • Freezer
  • Gas Grill
  • Microwave
  • Refrigerator
  • Range/Oven
  • Range Hood
Design:
  • Double Wall
Fencing:
  • Other(remarks)
Floor Covering:
  • Carpet
  • Stone
Heating/Cooling:
  • Air Conditioning
  • Split/Zoned
Lot Description:
  • Corner
  • Grassy
Roads:
  • Private
Topography:
  • Fairly Level
TV Availability:
  • Cable
  • Satellite
Washer/Dryer:
  • Dryer
  • Washer
Sewage:
  • Sewer-Connected
Window Coverings:
  • Drapes
The View:
  • Mountain
  • Garden
CSB** : 2.5%
** Cooperating Broker Compensation: The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.