Kukui’ula is now offering more homesites with 7-day rental privileges on South Kauai. The private community’s County of Kauai Visitor Destination Area (VDA) status gives the entitlement. However, the developer placed 6-month rental limits on homesites in the Kahalawai Neighborhood and the oceanfront Kula Makai Neighborhood.
Kukui’ula’s Kahalawai Orchard
The Kahalawai Orchard Homesites Now 7 Day Rentals
The entire Kahalawai Neighborhood, with its panoramic ocean views, was revised to allow for 30-day rentals. Now, certain Kahalawai homesites have been further revised to allow 7-day rentals for future residences.
Twelve oceanview homesites overlooking the Kahalawai Orchard now enjoy 7-day rental privileges: Kahalawai Lots 31 through 44 and Kahalawai Lots 53, 54 and 55. Priced from $695,000 to $995,000.
Kukui’ula’s Plantation House – The Club
The Kaulu Neighborhood – 7-Day Rental Privileges
The 85-homesite Kaulu Neighborhood is located within walking distance of the private resort community’s Plantation House and Hi’ilani Spa and has always enjoyed 7-day rental privileges. There are currently eleven homesites available in this established neighborhood from $550,000 for Kaulu Lot 14 to $2.4M for Kaulu Lot A, with its double-lot size view over the private golf course’s practice range to the Pacific Ocean, and across Kaulu Neighborhood’s tropical green space.
Kaulu Lot A – $2,400,000 – MLS 623807
The Kainani Neighborhood – 7-Day Rental Privileges
The Kainani Neighborhood homesites are all but sold out. Only one of 25 remains: The 14,710 sq ft Kainani Lot 13, priced at $1,110,000.
Additional 7-Day Rental Homesites in the Planning Stage
Twelve oceanview homesites are planned for the new Noho Kai Neighborhood, located on the mauka side of the new private road to Kula Makai, coming to market in April 2019. Four additional Kainani Neighborhood homesites and six homesites adjacent to the Kukui’ula’s Plantation House have a projected December 2019 launch date.
Kukui’ula Located in One of Two Kauai Opportunity Zones
Kukuiu’ula seven-day rental homesites just may be an attractive purchase for those Opportunity Fund investors looking for IRS Sec 1400Z-2 Opportunity Zone eligible real estate. Check with your investment and tax specialists.