KAPAA, HI 96746

$649,000
List Price
$649,000
Days on Market
21
MLS#
666621
Status
ACTIVE
Type
Land
Building
Kulana
Land Area
135,646
Land Tenure
Fee Simple
Neighborhood
Kulana Subdivision

Property Description

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. ADENDA LINK: https://www.dropbox.com/scl/fo/pj6rqv12fe9on5qnylabd/h?dl=0&rlkey=l4plx60wkb07cd1p36n8xx6h5

Additional Information

Monthly Maint Fee
$400
Roads
County, Private, Paved
Taxes Annual
$1719
View
Mountain, Sunrise
Zoning
A
Lot Size
135,646
Lot Description Land
Inside, Wooded
Water
Municipal
Power
Underground
Sewer
None
Assessed Value
254700
Topography
Gentle Slope
Unit
2G
District
Kawaihau

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of eXp Realty.

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