Deal: Wailua “Rim Lot” Home – Living on the Edge

If you like “living on the edge” you may like this house (MLS #228188) I toured last week that sits perched right on the edge of the beautiful Wailua River Valley.

Wailua “rim lot” home means you won’t have new homes being built next to you.

Price: $995,000 ($-300,000)

The Views are amazing and the house sits on one of the largest lots in one of the most upscale residential neighborhoods on Kauai’s beautiful East side. This is what we call a “Rim Lot” meaning you are on the rim of the Wailua River Valley which is a State Park area, which means God is you gardener and won’t be building houses there. I live in a home on a rim lot and I can tell you, it is inspiring.

3 lovely bedrooms on opposite sides of the house with the public area in between and a little office as a bonus. There is room on this 40,685 Sq Ft lot to ad an ADU (additional dwelling unit) and/or a fabulous swimming pool. If that isn’t great enough, there is even a Koi Pond with a waterfall. And check out those gorgeous Lipstick Palms.

Listed last year at $1,295,000.00 there have been incremental price reductions and it is currently offered for $995,000.

This house has been well care for and will make a wonderful home for its new owner. The bathrooms and kitchens need to be updated, but overall the potential is there for this to be a magnificent show piece of a home with great flow and incredible landscaping.

Take a look and tell me what you think, I think it has great potential.

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