This is a leasehold property.
Investor Opportunity – Phase 3 Unit with Lower Land Lease & Strong Rental Potential
Outstanding 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 Beach
Guests 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.
For sale
$299,000
2253 Poipu Rd #311, Koloa, HI 96756
1beds
640sqft
Est.:
Condominium
Built in 1978
-- sqft lot
$-- Zestimate®
$467/sqft
$2,066/mo HOA
What's special
Bbq areasLush tropical groundsGarden-view condominiumKoi pondsBrand-new air conditioning systemRemodeled bathroomGranite countertops
- 40 days |
- 641 |
- 22 |
Zillow last checked: 8 hours ago
Listing updated: November 22, 2025 at 12:52am
Listed by:
Ilona Coffey 8086351495,
Coldwell Banker Island Properties - Kauai
Source: Hawaii Information Service,MLS#: 725844
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Zoned
Cooling
- Zoned
Appliances
- Included: Dishwasher, Disposal, Microwave Hood, Range, Refrigerator
Features
- Flooring: Carpet
- Windows: Shutters
- Has fireplace: No
Interior area
- Total structure area: 640
- Total interior livable area: 640 sqft
Property
Parking
- Parking features: Unassigned
Features
- Fencing: None
- Has view: Yes
- View description: Garden, Ocean
- Has water view: Yes
- Water view: Ocean
- Waterfront features: Ocean Front
- Frontage type: Almost Oceanfront
Lot
- Features: Grassy, Wooded
- Topography: Gentle Slope,Hilly,Rolling Terrain
Details
- Parcel number: 4280160070045
- Zoning: R-20
- Special conditions: Leasehold,Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Wood Frame
Condition
- Year built: 1978
Utilities & green energy
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Phone Available, Sewer Connected, Underground Utilities, Water Available
Community & HOA
Community
- Security: Secured Garage/Parking
- Subdivision: KOLOA BEACH
HOA
- Has HOA: Yes
- HOA fee: $2,066 monthly
Location
- Region: Koloa
Financial & listing details
- Price per square foot: $467/sqft
- Tax assessed value: $689,700
- Annual tax amount: $7,793
- Date on market: 11/22/2025
- Listing terms: Open
- Ownership: CPR
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$2,508/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/22/2025 | Listed for sale | $299,000-24.1%$467/sqft |
Source: | ||
| 7/29/2025 | Listing removed | $394,000$616/sqft |
Source: | ||
| 3/5/2025 | Price change | $394,000-1.3%$616/sqft |
Source: | ||
| 10/1/2024 | Price change | $399,000-5.9%$623/sqft |
Source: | ||
| 8/8/2024 | Listed for sale | $424,000$663/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2017 | $2,900 +140.4% | $327,700 +1.1% |
| 2016 | $1,206 | $324,100 +18.9% |
| 2015 | $1,206 -31.6% | $272,600 -8.6% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,387/mo
Principal & interest
$1159
HOA Fees
$2066
Other costs
$162
Climate risks
Neighborhood: 96756
Nearby schools
GreatSchools rating
- 4/10Koloa Elementary SchoolGrades: PK-5Distance: 1.5 mi
- 5/10Chiefess Kamakahelei Middle SchoolGrades: 6-8Distance: 7.7 mi
- 7/10Kauai High SchoolGrades: 9-12Distance: 8.6 mi
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