Kapaa - Beach Property For Sale #6100621

Charming Opportunity in Wailua Homesteads Nestled just three miles inland from Wailua Beach and the historic Coco Palms Hotel, this property offers an ideal location off Kuamoo Road, right across from the newly renovated and thriving Country Store - a beloved centerpiece of the Wailua Homesteads community. Located on Lani Alii Place, a quiet, dead-end street known for its established neighborhood, friendly neighbors, and spacious, flat lots. The property features a 13,155 sq ft lot with a 3-bedroom, 2-bath home and a detached 2-car carport. Please note: the existing home has extensive termite damage. Buyers may wish to consider demolition or embark on a significant renovation project. Clearing the current structure would create a blank canvas, offering incredible potential to redesign the lot - perfect for building multiple dwellings or rental units to maximize investment opportunities. According to the County of Kauai Planning Dept this lot qualifies for the existing main residence, an ADU, and 2 ARU's or 2 guest houses. The 2 guest houses or 2 ARU's (either/or, not both) would have a maximum of 800 sq ft each, can each have a kitchen and be rented, but all of the 4 dwellings combined must not exceed 50% lot coverage.