There is nothing like this on the market. This lot is an incredible opportunity to build two houses in the VDA. <br><br>The ability to add an Additional Dwelling Unit (ADU) provides flexibility for additional living space or rental income, enhancing the property's value. Being in the Visitor Destination Area allows for short-term vacation rentals, which is highly advantageous given the proximity to popular attractions like Poipu Beaches, golf courses, tennis/pickleball courts, Kukui'ula Shopping Center, hiking trails, food trucks, and Koloa Town. This makes it an excellent lifestyle choice and potentially a lucrative investment opportunity.<br><br>The property's location in a cul-de-sac ensures no traffic and a peaceful environment, while the level terrain makes development straightforward and appealing. All necessary infrastructure and utilities are already in place, including private roads, sewer, irrigation water, and security services provided by Garden Isle Security. Spectrum offers cable and wireless services at commercial rates, ensuring connectivity and convenience.<br> <br>Cost Savings: Significant savings on HOA fees compared to other nearby subdivisions that restrict the use of ADUs and vacation rentals will save you tens of thousands of dollars annually on HOA fees and allow you the potential to make tens of thousands of dollars in rental income. <br><br>Overall, this lot presents a compelling opportunity in a highly desirable location. It offers flexibility, income potential, cost savings, and convenience. It is an ideal investment for those looking to capitalize on the vibrant tourism and residential market in Poipu, Kaua'i.<br><br>It's easy to see. Maps and subdivision information are available. The seller is a licensed Real Estate Broker in Hawaii.
Property Details
Property Features
Listing Office:
Office Name: COMPASS
Office Phone: (808) 652-0746
Exterior Features
Exterior Information:
Private Pool: No
View: Mountain(s)
Lot Features
Lot Information:
Lot: Level
School Info
Assigned Schools Information:
Kauai High School, Public District Grades 9-12
Chiefess Kamakahelei Middle School, Public District Grades 6-8
Koloa Elementary School, Public District Grades PK-5
Price Information
Listing Price Info
Price Summary:
List Price: $1,250,000
HOA Fees:
Amount: $195
Frequency: Monthly
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Koloa, HI.
Those properties marked with Hawaii Information Service's icon are provided courtesy of Hawaii Information Service Multiple Listing Service™ system. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 10/17/2024, 11:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Dec 07, 2018
Dec 07, 2018Home Sold
$515,000
Jul 07, 2017
Jul 07, 2017Home Sold
$420,000
May 31, 2017
May 31, 2017Home Sold
$399,000
Sep 30, 2011
Sep 30, 2011Home Sold
$290,000
May 12, 2009
May 12, 2009Home Sold
$350,000
Nov 03, 2008
Nov 03, 2008Home Sold
$200,000
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$6,501
Per Month
Principal & Interest
$6,239
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$195
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$3,814
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
5
/10
Koloa Elementary School
3223 Poipu Rd
Distance between this listing and this school0.80 miles
Public District Grades PK-5
Middle School
4
/10
Chiefess Kamakahelei Middle School
4431 Nuhou St
Distance between this listing and this school6.82 miles
Public District Grades 6-8
High School
5
/10
Kauai High School
3577 Lala Rd
Distance between this listing and this school8.13 miles
Public District Grades 9-12
Assigned Schools
5
/10
Koloa Elementary School
3223 Poipu Rd
Distance between this listing and this school0.80 miles
Public District Grades PK-5
Nearby Schools
7
/10
Kalaheo Elementary School
4400 Maka Rd
Distance between this listing and this school3.19 miles
Public District Grades PK-5
2
/10
Eleele Elementary School
4750 Uliuli Rd
Distance between this listing and this school7.04 miles
Public District Grades PK-5
Assigned Schools
4
/10
Chiefess Kamakahelei Middle School
4431 Nuhou St
Distance between this listing and this school6.82 miles
Public District Grades 6-8
Nearby Schools
2
/10
Waimea Canyon Elementary & Intermediate School
9555 Huakai Rd
Distance between this listing and this school13.26 miles
Public District Grades 6-8
2
/10
Kapaa Middle School
4867 Olohena Rd
Distance between this listing and this school15.02 miles
Public District Grades 6-8
Assigned Schools
5
/10
Kauai High School
3577 Lala Rd
Distance between this listing and this school8.13 miles
Public District Grades 9-12
Nearby Schools
6
/10
Kawaikini Ncpcs
3634 Lala Rd
Distance between this listing and this school8.02 miles
Public Charter Grades KG-12
4
/10
Waimea High School
9707 Tsuchiya Rd
Distance between this listing and this school12.91 miles
The neighbors living near this home have an average income of $72,426. The most common annual income of people living in Koloa, HI is between $35k-100k. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About Nakoa St
What is the listing price of this property?
The listing price of Nakoa St property is $1,250,000.
What type of property is this?
The property Nakoa St is land located in Koloa, Hawaii, 96756.
Is this property for sale now?
Active Listing: Nakoa St is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for Nakoa St are: Koloa Elementary School: GreatSchools Rating 5/10Chiefess Kamakahelei Middle School: GreatSchools Rating 4/10Kauai High School: GreatSchools Rating 5/10
When was this property sold last time and for how much?
The last sale was on December 7, 2018 for $515,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at Nakoa St in Koloa, HI and zip code 96756. It has been listed on Rocket Homes since July 15, 2024 and is currently priced at $1,250,000.
The number of homes for sale in Koloa, HI increased by 14.3% between August 2024 and September 2024. While the average time on the market in September 2024 was 188 days, the median list price was $1,249,500.
From Rocket Homes Real Estate and based on county public records data.