AKU RD

Property Detail

Type Status Location Sub Location Price $2,400,000.00 Area (m)91432Abbrev AddressAKU RDDistressed PropertyStandard SaleExpires2021-12-01FrontageAlmost OceanfrontLand Area91432Land TenureFee SimpleLatitude22.20456329Listing Date2019-12-04Listing ID634797Listing Office ID2365Listor NameAnnMarie HamiltonLongitude-159.49751368Office NameKauai Majestic Properties, LLCOn Line Display2 Acres available in the heart of Hanalei townPoolNPowerNoneRoadsNoneSewerNoneSolid Waste DisposalNoneStreetAKU RDSubdivisionHANALEITaxes13882.00taxkey9455002121Terms Accept1031 Exchange,Cash,ConventionalTopographyFairly LevelTV AccessNoneViewMountainWaterNoneZip Code96722ZoningR-4

Property Description

Located in an Opportunity Zone where investors can pay zero capital gains if they invest for 10 years or more. Rarely seen on the market and located just two blocks from the beach in the heart of Hanalei this two+ acre piece is zoned Residential-4 and may qualify for 8 residential house sites (check with county to confirm). This lot could enable some lucky individual the unique and rare opportunity to create a lasting local legacy: something that could enhance and benefit the unique character of present-day Hanalei while also striving to address the needs of the community for generations to come. The land is located one row back from Weke Road and is a contiguous two acre piece that could lend itself to multiple possibilities for use and development. This is a rare opportunity for the right individual. All that is required is a desire to create something extraordinary and a heart full of Aloha.

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