2521 TEXEIRA LP, Kalaheo, HI 96741
2521 TEXEIRA LP, Kalaheo, HI 96741
2521 TEXEIRA LP, Kalaheo, HI 96741
2521 TEXEIRA LP, Kalaheo, HI 96741
2521 TEXEIRA LP, Kalaheo, HI 96741
2521 TEXEIRA LP, Kalaheo, HI 96741
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$ 5,360,000
Est. payment | /mo

27 Beds

13 Baths

9,462 SqFt


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$ 5,360,000
Est. payment | /mo
Save

27 Beds

13 Baths

9,462 SqFt

Key Details

Property Type Multi-Family

Sub Type Four Or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 9,462 sqft

Price per Sqft $566

Subdivision Kalaheo Homesteads 1St Series

MLS Listing ID 729349

Bedrooms 27

Full Baths 12

Half Baths 1

HOA Y/N No

Year Built 1952

Annual Tax Amount $5,937

Tax Year 2025

Lot Size 1.614 Acres

Property Sub-Type Four Or More Units

Source Hawaii Information Service

Land Area 70306

Property Description

This multi-unit property, located off Papalina Road in a desirable Kalaheo neighborhood on the southwest side of Kauai, presents a unique opportunity to acquire an R4/Form-Based Code-zoned 1.61-acre parcel. The property consists of 10 free-standing dwellings of varying ages, conditions, and sizes. It offers strong potential for ongoing income generation, redevelopment, renovation, CPR (Condominium Property Regime) conversion, and the possible addition of more dwellings.

The parcel consists of approximately 70,303 square feet, with moderate sloped topography and approximately 467 feet of road frontage, providing excellent access and flexibility for site planning and future development.

Important Notes for Prospective Buyers:
- If you drive by the property, DRIVE SLOWLY - 5 mph. Do not enter the property or disturb the tenants.
- No showings will be allowed until a bona fide offer is conditionally accepted. Additional information is available.
- All tenants are in long-term leases.
- Commercial lending is available through various resources.

Some of the Trust's beneficiaries live on the property and have a right of first refusal to purchase the property.

Location

State HI

County Kauai

Community Kalaheo Homesteads 1St Series

Area Hi

Zoning R-4

Region Koloa

City Region Koloa

Interior

Flooring Resin Tile

Exterior

Parking Features Other

Utilities Available Cable Available, Electricity Available, Phone Available

View Y/N Yes

View Mountain(s)

Topography Fairly Level,Gentle Slope,Terraced

Garage No

Private Pool No

Building

Sewer Cesspool

Others

Ownership Full

Acceptable Financing 1031 Exchange, Cash, Other

Listing Terms 1031 Exchange, Cash, Other

Special Listing Condition Fee Simple, Standard

Hawaii Information Service (HIS)
Listed by Coldwell Banker Island Properties - Kauai
Nearby Locations
Jenn Pederson

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2521 TEXEIRA LP