$2,790,000

  • REDUCED MLS® #: 641485
  • 4517 Kala Rd
  • Waimea, Hawaii 96752

$2,790,000

  • REDUCED MLS® #: 641485
  • 4517 Kala Rd
  • Waimea, Hawaii 96752
29 Beds
15 Baths
6,930 Sqft
.68 Acres
Year Built
  • Overview 29 Beds, 15 Bath, 6930 SQ. Feet, 0.68 Acres
  • Listing Type Multi-Family
  • Office: Pacific Real Estate Services, LLC

Irreplaceable Investment Property at the Beach! Located on the west side of ‘The Garden Island’, Kauai. The property is adjacent to the ocean and can never be replicated due to today’s setbacks and development regulations. Close access to Waimea Canyon / Kokee Park and the Longest White Sand Beach in Hawaii. Spectacular sunsets year round. Employment centers of Pacific Missile Range Facility, Kauai Veteran’s Memorial Hospital, and other Kekaha/Waimea businesses are less than three miles away. All units have been recently upgraded. Exterior was repainted within the last two years. Exact finishes and unit layout differ slightly from unit to unit. The 3 buildings consist of an SFR with office/storage and garages below, a duplex, and a 10-unit (5 up and 5 down). The SFR is closest to the ocean and would be ideal for owner occupancy. Most units have ocean views. Recent Covid-19 economic factors have created a few vacancies. Otherwise, the property is generally full. New demand for housing on Kauai with growing needs from local employment centers has this property poised for upside. The property’s wastewater system will require immediate upgrading and the price has been adjusted accordingly. Property is not a licensed or permitted short term rental. Please do not disturb tenants and all property access to be made by appointment only.

Essential Information

MLS® #641485
Price$2,790,000
Bedrooms29
Bathrooms15.00
Full Baths15
Half Baths1
Square Footage6,930
Acres0.68
TypeMulti-Family
Land TenureFee Simple
StatusActive
Assesed Value$1,339,000

Community Information

Address4517 Kala Rd
SubdivisionKEKAHA HOUSE LOTS
CityWaimea
StateHawaii
Zip Code96752

Amenities

ParkingAssigned
Floor CoveringCarpet

Interior

Appliances

Dishwasher, Range/Oven, Refrigerator

Exterior

ExteriorRedwood/Cedar, Wood
RoofComposition
FoundationHollow Tile

Additional Information

Date ListedAugust 12th, 2020
Days on Market439
ZoningO
Description Land TenureFee Simple

Listing Details

Office

Pacific Real Estate Services, LLC

Property History

Price Reduced from $2,890,000 to $2,790,000
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Quick Details

This Property is priced at $2,790,000 and located at 4517 Kala Rd, . With 29 Bedrooms and 15.00 Bathrooms, it offers a total of 6930 Square feet. This Multi-Family was built in and its status is Active. This property is represented by Patrick Mclean of Pacific Real Estate Services, LLC, Contact Number 8086350828, our team of Realtors can represent you at no additional cost.

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Listing information last updated on October 25th, 2021 at 1:25pm HST.