Listing Agent's Description

PORTION 17 - Many people have never been this close to Heaven.

This 5 plus acre piece stands out from all others - with its
~ Sweeping 180 degree ocean view
~ Beautiful grassy meadow, gently sloping toward the ocean
~ Arc of Mystical mountain views
~ On the dry co ... Read more

PORTION 17 - Many people have never been this close to Heaven.

This 5 plus acre piece stands out from all others - with its
~ Sweeping 180 degree ocean view
~ Beautiful grassy meadow, gently sloping toward the ocean
~ Arc of Mystical mountain views
~ On the dry corner of the North Shore &
~ You even have 100 feet of year-round stream frontage !

ADDITIONAL HOUSE SITE, GUEST HOUSE or LAND Optional

UNREAL OPPORTUNITIES . . . But there are reasons.
This property is on a 190 Acre project in Moloaa, Kauai - Tax Map Key 4-9-11-13, zoned Open by County. It is subject to a Co-Tenancy Agreement, limiting the project to 24 house sites & 21 CPR Units. The owners hold interest as Tenants in Common. Property is also subject to a Declaration of Condominium Property Regime (CPR). Based upon Hawaii Law, HRS 514A & B, the CPR was formed by the recording of the Declaration, at the Bureau of Conveyances in 2008. That law states that the apartment units that were created cannot be sold until the Hawaii Real Estate Branch issues a Developer's Public Report which will not happen until Kauai Planning Department state that the required infrastructure is permitted & there are no violations. The Homeowner's Association will process the Public Report when the roadway is permitted. The County will not give permits for owners to build homes until the roadway is permitted. Other issues may affect each owner's right to enjoy the property, including a new County law that limits density on Open zoned land & might apply this Project. Each potential owner should do their own "Due Diligence" investigation with reference to all issues (including potable water). Ownership will be in the form of an "Undivided Tenant In Common" interest, pursuant to a Limited Warranty Deed and any sales will be "As Is Where Is".

Assessment, Taxes and CPR map possibly inaccurate.