On Top of the Aloha Beat BLOG

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2 Kauai Homes for the Price of One

This just listed property is over four acres located in Kapaa, on Kauai's east side. In Hawaii we often use the term CPR ( Condominium Property Regime) to describe the method of dividing a property through the Real Estate Commission. This property at 4477 Kanaele Rd. is a two-unit CPR. Unit A has a three bedroom plantation style home located on over 3.5 acres. Unit B used to be a "tea house" and is a small studio with a 3/4 bath and kitchen with a garage located on approximately half an acre.

This is a short sale with Bank Of America, and is listed for $449,000. The land alone probably holds that value or more.

View the details of the short sale on the Hawaii Life website,

 

View Kauai Deals in my Kauai Foreclosure Gallery →

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Ron Margolis, RA, CDPE, ABR Hawaii Life Real Estate Services 808.346.7095 email: ron@hawaiilife.com

Comment balloon 2 commentsRonnie Margolis • August 30 2010 11:09PM

Comments

Thanks for the post.

Good luck with this listing.

Have a good day.

Posted by Jeff Rickert, Realtor, RSPS - Poconos - The Jeff Rickert Team (RE/MAX Property Specialists) almost 7 years ago

Thanks Jeff. It's a short sale close to auction date so I need an offer quickly. Looking for something in the islands?

Posted by Ronnie Margolis, Kauai Realtor - CDPE, ABR, RA - On Top of the Aloh (Keller Williams Honolulu on Kauai) almost 7 years ago

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