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Kauai

Just Listed: Buildable Oceanfront Lot In Kauai Opportunity Zone

Located in the certified South Shore Kauai Opportunity Zone, this 9,360 sqft Poipu parcel offers 120 feet of ocean frontage, with coastline views to Spouting Horn looking west, views of Kukui’ula Beach looking east, and the winter sun setting into the blue Pacific Ocean.

4546 Lawai Road Poipu Kauai

Located near Kukui’ula and the world renowned National Tropical Botanical Garden (NTBG) toward the western end of Lawai Beach Road, this buildable parcel features an 8-foot seawall, a septic system, and includes the seller’s architectural plans for a two-story three-bedroom home with attached garage.

Kukui’ula Golf Course and Ha’upu Mountain Range provides the backdrop

Adjacent to the Tom Weiskopf designed golf course of Kukui’ula’s private club community, with Kauai mountain views looking north, it is the only oceanfront land parcel currently available in Poipu.

4546 Lawai Road Poipu Kauai features an 8 ft seawall

The buyer’s future home would take advantage of ocean and coastline views, Kauai trade winds, and would offer views to the sand across the bay, the mountains, canoes, and boats venturing into the bay, and Kukui’ula.

Only on Kauai.

4546 Lawai Road parcel features a septic system for a three-bedroom home

Opportunity Zone Incentive Program

Taxpayers may defer and potentially reduce taxation on capital gains by making timely investments to a Qualified Opportunity Fund (QOF) which invests in Opportunity Zone Property (OZP).

As outlined in the 2019 Novogradac & Company and Snell & Wilmer Key Note Presentation given by attorney Marc Schultz, and Brent Parker, CPA, at the State of Hawaii Department of Business, Economic Development & Tourism seminar I attended, there are three tax incentive benefits:

  1. Temporary deferral of the eligible gain which applies to any capital gain from the sale or exchange of any property.
  2. Partial reduction of deferred gain. Income tax is still paid on a large portion of the deferred gain.
  3. Forgiveness of additional gain applies to the appreciation in the Opportunity Fund investment.

Kauai IRS Opportunity Zone properties may have the best potential for tax-free appreciation over the next ten years, in the entire State of Hawaii.

Please contact your tax specialist to determine how these new tax incentives may possibly work for you.

Looking for Opportunity Zone property on Kauai?

Contact me — Lori Decker, Kauai Opportunity Zone specialist.

4546 Lawai Road Poipu Kauai is located in the South Shore Kauai Opportunity Zone

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Jan

January 31, 2020

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