For Sale
$299,000
- 1beds
- 1baths
- 640sqft
- 1978Year Built
This is a leasehold property. Investor Opportunity – Phase 3 Unit with Lower Land Lease & Strong Rental PotentialOutstanding investment opportunity at Kiahuna Plantation Resort in Poʻipū. This turnkey garden-view condominium is located in Phase 3, offering a significant financial advantage with a lower land lease of approximately $1,000/month versus roughly $1,700/month in Phase 2 units. This savings directly enhances cash flow, cap rate performance, and overall ROI.A brand-new air conditioning system (installed January 2024) increases guest appeal, extends rental season value, and improves nightly rate potential. Located within the Visitor Destination Area (VDA), this unit is fully eligible for legal vacation rental use. Beautifully furnished and move-in ready, it offers investors an immediate income-producing asset.Investment Highlights• Phase 3 = lower land lease = stronger cash flow• High rental desirability with new A/C• Fully furnished & turnkey with garden views• Remodeled bathroom + granite countertops• Spacious lanai with sliding doors & wood shutters• Proven vacation rental location steps to Poʻipū BeachGuests love the resort experience—lush tropical grounds, koi ponds, orchid gardens, BBQ areas, and short walk to world-renowned Poʻipū Beach for snorkeling, swimming, and sunsets.HOA includes: Access to Poʻipū Beach Athletic Club, utilities, resort amenities, security, parking, food/beverage/pool towel service, fitness center, waterslide, spa, tennis, pickleball & basketball courts.Nearby: The Shops at Kukuiʻula, restaurants, golf, and premier South Shore attractions—ideal for high occupancy and premium nightly rates.A rare opportunity to secure a well-maintained, fully turnkey property in a premium phase with meaningful lease-cost advantage, delivering superior rental performance and long-term return potential.
Listing provided courtesy of:
Ilona Coffey, Coldwell Banker Island Properties - Kauai
2253 Poipu Rd is a Residential Condominium property located in Koloa, Hawaii (428016007 County), featuring 640 sqft, 1 bedrooms, 1 full baths, MLS #725844.
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Data last modified: 2025-11-22 18:52:01