Listing Agent's Description

PORTION 19 has about 500' of year-round Moloa'a Stream Frontage !
~ If you have ever been to Kalalau to experience those terraces, that feeling is in your bones on this Sacred Ground.
~ 8.3 ACRES - ask about OPTIONAL additional LAND or HOUSE SITE
~ On the dry corner of the No ... Read more

PORTION 19 has about 500' of year-round Moloa'a Stream Frontage !
~ If you have ever been to Kalalau to experience those terraces, that feeling is in your bones on this Sacred Ground.
~ 8.3 ACRES - ask about OPTIONAL additional LAND or HOUSE SITE
~ On the dry corner of the North Shore - and
Dreamlike Ambiance and "Embrace".
Guest House, Additional House Site or Additional 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. This property 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". This property is also subject to The Declaration of Condominium Property Regime (CPR) of Moloaa Valley. 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 date for a Developer's Public Report which will not happen until the package is complete, including a letter from the Kauai Planning Department 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 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 innacurate.