In the hills above Kapaa Town
Kulana is an agricultural subdivision with lots averaging around 2 acres on Kauai's East Side bordered by Olohena, Hauiki, and Kaapuni Roads. The developer failed to complete the infrastructure and the homeowner association is now grappling with bringing this to completion. Many owners are discouraged and with their patience at an end, just want out. Periodically I receive reports that the association is making good progress in a resolution but then nothing seems to happen. If you have high risk & frustration tolerances, then now could be a good time for a fresh owner to step in and pick up a prime lot at half the original price or less.
Interested buyers should consult with a knowledgeable attorney to assure a good understanding of legal and financial issues before purchasing one of these parcels.
The Kulana Homeowners Association newsletter website (www.kulananews.com is no longer available) outlines the issues being addressed but it's out of date and current information is lacking. Drive-thru videos of the subdivision are available, Kulana video 1 and Kulana video 2. A Kulana subdivision map is available as a 2 MB file. You may also view early marketing maps which are now out of date but give historical perspective.
Special Note: I have received multiple calls about a special-purpose lot in this subdivision that is priced well below $100K. Due to severe restrictions on property usage, I am not comfortable assisting in the purchase of that property.
NOTICE: Listings below are a feed from the Multiple List Service provider. Descriptions within listings are by the individual listing agents and have not been reviewed, approved, or endorsed by this agent.
Listings may already be under contract, contact Richard for more information
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