AUCTION BIDDING OPEN: Bidding ends September 23rd. Listed for $50M. Current High Bid $31M. No Reserve. Showings Daily.
34 acres on 'Secret Beach' on one of the driest and sunniest parts of the North Shore of Kauai, this property features lush valleys and expansive plats along Kauapea Road. This sale offers three parcels; two, roughly 5-acre parcels and an approximately 24-acre parcel, all contiguous and forming an extremely valuable compound where six or more homes, three guest homes, and various accessory buildings are allowed (Buyer to confirm density with County of Kauai Planning Department). Additionally, the property also features extremely rare and private vehicular and pedestrian access right down to the turquoise waters and white sands of Secret Beach.
Currently, each of the five acre parcels is improved with a beautiful, resort-style villa of roughly 500 sqft of living area, and each holds a TVR license which permits them to operate as a vacation rental.
It is a scarce opportunity to purchase any bluff front property along Kauapea Road, and ever more rare when coupled with large acreage, broad development possibilities and direct pedestrian and vehicular beach access. The property also features an exquisite topography from level grassy openings along the road to lush valleys and perches as you move towards the ocean. The movements of the land create numerous possible homesites framed to optimize the ocean and mountain view planes that inspire you most and at elevation out of any flood or tsunami zones.
Set on the periphery of Kilauea town, it is only a few minutes walk, bike or drive to the community's charming center. Shopping, dining, coffee shops and grocery stores are all easily accessible. Just a few miles west you will find the golfing and tennis facilities of Princeville and the world class beaches that dot the coastline from Hanalei to the Napali Coast.
Offering includes 3 parcels: TMK#: 4-5-2-5-32; 4-5-
|--||New Value: $31,000,000|
|9/26/2021 12:18:34 PM||New Value: Under contract|
|9/20/2021 2:18:43 PM||New Value: $31,000,000|
|8/17/2021 10:49:00 AM||New Value: $50,000,000|