$700,000
$775,000
9.7%For more information regarding the value of a property, please contact us for a free consultation.
LOLO RD Kalaheo, HI 96741
0.5 Acres Lot
Key Details
Sold Price $700,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 670354
Sold Date 10/16/23
Annual Tax Amount $3,927
Lot Size 0.500 Acres
Property Description
This 1/2 acre lot with extensive ocean views is located adjacent to the Kakela Makai Oceanview Subdivision in Kalaheo. Valid architectural stamped plans for a 4482+ sq ft, two-story, 4-bedroom + office, 3-bath house are included with the sale. If this house is too big, have DK (the draftsman) modify the plans to your taste and liking. The County Building Division approved the foundation inspection under the original building permit 06-2070. This permit is still reflected in the County records but has since expired. New building permits and septic permits will need to be issued. The Department of Health has a copy of expired septic plans on file (for this property) that they can share with any engineer who wants to revalidate them. RE the foundation: Jim Boldt with Boldt Masonry Construction Lic#ABC-27966 inspected the foundation on July 19, 2023, and said the foundation is constructed very well and is in excellent condition with no observable shifting or cracks whatsoever. Furthermore, he said the foundation is ready to build on and only gets stronger the older it is.
The completed architectural plans and existing foundation work will save $110,000(+), plus six+ months' worth of planning and construction time. Or demo and build to suit.
This property is not part of the Kakela Makai Oceanview Subdivision and is not restricted by their CCRs or HOA fees. This is Unit No. 1 of a two-unit CPR. The two owners self-manage the HOA, and no HOA fees are currently being collected. The water meter and electrical boxes are in place.
This is an excellent opportunity to build a lovely home with outstanding ocean, mountain, and Poipu coastline views. Please do not walk or climb on the foundation. Buyers must independently verify any info they deem material or important to their purchase. Reports and house plans are on file.
Location
State HI
Area Koloa
Building/Complex Name PUU LOLO VIEW ESTATES
Zoning A
Exterior
Pool No
View Coastline, Mountain, Ocean, Ocean Horizon, Sunset
Building
Lot Description Other (remarks)
Sewer None
Water County
Others
Monthly Total Fees $30
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP
