
Description
Rarely does a property push all the buttons: 2 homes (2,385 and 1,347 sq ft), 2 acres of very private, 2 level, agriculturally zoned land, located just over a mile from the ocean and downtown Kapaa on the beautiful Island of Kauai Hawaii. This property is ideally suited for the owner occupant seeking offset rental income, a family compound, or a pure investment of a multi-unit rental property. The Real Estate pieces are as follows: a 3bd/2ba home 2,385 sq ft that currently rents for $5,600 per month and a 2nd 2bd/2ba home currently renting for $4,400 per month. An additional 720 sq ft "garage" adds bonus value. There are additional revenue possibilities, tax saving strategies, and land division options that enhance value, equity and profit. The financial profile on the property is compelling.The property is located down a 150+ft driveway to your very private home (virtually no neighbors). Enjoy your own virtual supermarket of mango, avocado, oranges, lemon, tangerine, lychee, macadamia, star fruit, moringa, neem, mountain apple, coconut curry, lilikoi, chico, figs, cherry, banana, grapefruit, sugar cane, gardenia, plumeria, aloe vera, ginger, ylang tree, jasmine, and more! Set up an agricultural business' or just enjoy Paradise. Most find the climate ideal for growing fruits, plants, flower, herbs and just life in general. The trade winds are present year round and temperatures average 85 degrees. Heating and cooling are generally not needed. The Eastside is the population center for Kauai and, as such, offers a wide array of shopping, restaurants, Professional services, Farmers Markets and beaches. Being centrally located makes it convenient to visit the north and south shores within 30 minutes. The airport is only about 12 minutes away, as it Costco and Home Depot.There are numerous ways to analyze this property. We can discuss AG dedication, the costs, tax benefits and ways to add even more value to the property.
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5BEDS
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2ACRES
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4BATHS
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01/2 BATHS
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3,732SQFT
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$844$/SQFT
School Ratings & Info
Description
Rarely does a property push all the buttons: 2 homes (2,385 and 1,347 sq ft), 2 acres of very private, 2 level, agriculturally zoned land, located just over a mile from the ocean and downtown Kapaa on the beautiful Island of Kauai Hawaii. This property is ideally suited for the owner occupant seeking offset rental income, a family compound, or a pure investment of a multi-unit rental property. The Real Estate pieces are as follows: a 3bd/2ba home 2,385 sq ft that currently rents for $5,600 per month and a 2nd 2bd/2ba home currently renting for $4,400 per month. An additional 720 sq ft "garage" adds bonus value. There are additional revenue possibilities, tax saving strategies, and land division options that enhance value, equity and profit. The financial profile on the property is compelling.The property is located down a 150+ft driveway to your very private home (virtually no neighbors). Enjoy your own virtual supermarket of mango, avocado, oranges, lemon, tangerine, lychee, macadamia, star fruit, moringa, neem, mountain apple, coconut curry, lilikoi, chico, figs, cherry, banana, grapefruit, sugar cane, gardenia, plumeria, aloe vera, ginger, ylang tree, jasmine, and more! Set up an agricultural business' or just enjoy Paradise. Most find the climate ideal for growing fruits, plants, flower, herbs and just life in general. The trade winds are present year round and temperatures average 85 degrees. Heating and cooling are generally not needed. The Eastside is the population center for Kauai and, as such, offers a wide array of shopping, restaurants, Professional services, Farmers Markets and beaches. Being centrally located makes it convenient to visit the north and south shores within 30 minutes. The airport is only about 12 minutes away, as it Costco and Home Depot.There are numerous ways to analyze this property. We can discuss AG dedication, the costs, tax benefits and ways to add even more value to the property.
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