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Description
Charming Opportunity in Wailua Homesteads
Nestled just three miles inland from Wailua Beach and the historic Coco Palms Hotel, this property offers an ideal location off Kuamoo Road, right across from the newly renovated and thriving Country Store — a beloved centerpiece of the Wailua Homesteads community. Located on Lani Alii Place, a quiet, dead-end street known for its established neighborhood, friendly neighbors, and spacious, flat lots.
The property features a 13,155 sq ft lot with a 3-bedroom, 2-bath home and a detached 2-car carport. Please note: the existing home has extensive termite damage. Buyers may wish to consider demolition or embark on a significant renovation project. Clearing the current structure would create a blank canvas, offering incredible potential to redesign the lot — perfect for building multiple dwellings or rental units to maximize investment opportunities. According to the County of Kauai Planning Dept this lot qualifies for the existing main residence, an ADU, and 2 ARU's or 2 guest houses. The 2 guest houses or 2 ARU's (either/or, not both) would have a maximum of 800 sq ft each, can each have a kitchen and be rented, but all of the 4 dwellings combined must not exceed 50% lot coverage.
Nestled just three miles inland from Wailua Beach and the historic Coco Palms Hotel, this property offers an ideal location off Kuamoo Road, right across from the newly renovated and thriving Country Store — a beloved centerpiece of the Wailua Homesteads community. Located on Lani Alii Place, a quiet, dead-end street known for its established neighborhood, friendly neighbors, and spacious, flat lots.
The property features a 13,155 sq ft lot with a 3-bedroom, 2-bath home and a detached 2-car carport. Please note: the existing home has extensive termite damage. Buyers may wish to consider demolition or embark on a significant renovation project. Clearing the current structure would create a blank canvas, offering incredible potential to redesign the lot — perfect for building multiple dwellings or rental units to maximize investment opportunities. According to the County of Kauai Planning Dept this lot qualifies for the existing main residence, an ADU, and 2 ARU's or 2 guest houses. The 2 guest houses or 2 ARU's (either/or, not both) would have a maximum of 800 sq ft each, can each have a kitchen and be rented, but all of the 4 dwellings combined must not exceed 50% lot coverage.
You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
Buyer and Seller have reached an agreement and are under contract. The sale may be subject to one or more contingencies.
We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, our network of agents can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000. Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
Other fees could be a special assessment, reserve contributions etc.
DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
