Want to live across the street from the ocean? Poipu’s foreclosure rate has been much lower than Princeville – the only other true “resort” area on Kauai. This may be a unique opportunity for you!
New Poipu REO listing – just came online today! Older 4 bd / 2 ba home (built in 1967) with 1,760 sq ft of living space on a 20,000 sq ft lot. In escrow within 9 days!
- 2668 Hoonani Road – just a few houses down the street from the new Koloa Landing condos, and across the street from the ocean.
- MLS 230704 Details – listed at $899,900
The house is set back from the road, offering more privacy. Buyers should be aware that this property very well may fall under Shoreline Management Approval rules and regulations, which in effect makes it a much more lengthy and arduous (aka, expensive) process to get permits for building or remodeling.
For more information about short sales and foreclosures on Kauai:
- KauaiShortSaleHomes.com – Gallery of all active short sale homes
- KauaiLuxuryForeclosures.com – Gallery of luxury foreclosures and short sales listings on Kauai
- Kauai Short Sales Year-End Report, including what’s in escrow, sales since November 1st and Q42009 analysis.
- KauaiShortSaleTeam.com – how short sales work, including free information and reports for homeowners.