This is your chance to get into the newly developed Poipu Beach Estates subdivision at a price not seen for a lot in Poipu since mid-2004!  An owner trying to sell their lot for over the past year has drastically reduced their asking price from $599,000 original asking price to $260,000 for their 11,256 sq. ft. lot.

After reducing the price last month it was no surprise that it went into escrow rather quickly, however it recently fell out of escrow and went back on the market a few days ago once again at the low asking price of $260,000.  Poipu Beach Estates is a 106 lot subdivision bordering the Kiahuna Golf Course in sunny Poipu and is only one short block away from the Sheraton Kauai Resort and beach, and a short 1.5 mile drive to Poipu Beach. The lots range in size from approximately 10,000sf to over 1 acre and offer fee simple ownership.  In addition to a main residence, many of the lots may qualify for an additional dwelling unit (ADU) which potential Buyers should verify with the County of Kauai Planning Dept. According to Kauai MLS, past sales in PBE have ranged from $350,000 - $685,000 while current active listings range in price from $319,000 - $825,000.  If you’d like a second chance at purchasing lot #140 listed for $260,000 in the beautiful Poipu Beach Estates subdivision don’t wait!  Contact Sleeping Giant Sotheby’s International Realty today!