1763 PEE RD, #407, KOLOA, HI 96756

Poipu ocean-view leasehold condo with STVR potential and investment upside

Listing Provided by: Hawai'i Modern Realty
MLS #: 733060

Description

This is a leasehold property. Sunset Kahili Unit 407 presents a distinctive short-term vacation rental investment opportunity in Poipu, Kauai. This high-floor, one-bedroom, one-bath leasehold condo offers ocean, mountain and sunset views, with the ocean visible from the front entry, and is conveniently located near Poipu Beach, golf, dining, shopping and resort amenities. Zoning allows short-term rental, offering an experienced vacation rental investor the opportunity to develop and implement their own operating strategy. Unit 407 is not currently operated as a short-term vacation rental, preserving flexibility for the next owner to determine how the property best fits their objectives. The current lease term runs through June 14, 2042, creating a distinctive opportunity for buyers who understand leasehold ownership and how to evaluate a property within a defined ownership horizon. For an investor, that may include evaluating potential rental income, operating costs and capital recovery during the remaining lease term. A future lease extension could create meaningful additional investment upside beyond the current lease term; however, no lease extension is assured. Cash purchase required. Whether considered as a vacation rental investment, second home or personal residence, Unit 407 offers a unique opportunity for a buyer who understands the characteristics and potential of finite-term leasehold ownership.

Property Details

Price: $498,000
Sold Price:
Address: 1763 PEE RD, #407, KOLOA, HI 96756
Ownership: CPR
Status: Active
Category: Residential
Type:

Total Bedrooms: 1
Total Bathrooms: 1
Full Baths: 1
Living Area: 778 Square Feet

Listed by: Hawai'i Modern Realty
Year Built: 1969
Levels:

Features and Amenities

Interior Features: Meeting Room, Recreation Room, See Remarks
Exterior Features: See Remarks
View: Coastline, Mountain(s), Ocean, Sunset
Pool: Yes
Pool Features: Gunite, In Ground

Appliances: Range, Refrigerator, Washer/Dryer Stacked
Fireplace Features:
Flooring: Carpet, Vinyl
Security: See Remarks
Laundry:

Garage Spaces:
Carport Spaces:
Parking Features: Assigned
Additional Structures:
Home Warranty:

Community Information

Project Name: SUNSET KAHILI
Subdivision Name: LEE KWAI BEACH LOTS
Association Fee: $969 Monthly

Stories:
Year Established:

Lava Zone:
Flood Zone: X

Land Information

Lot Size: Square Feet
Waterfront:
Land Lease Rent: $504
Lease Type:
Land Tenure: Leasehold

Lot Features: Landscaped, See Remarks
Frontage Type: Almost Oceanfront
Roads: County
Roads Frontage Type: Road/Street

Zoning: R-10
Horse Amenities:

Additional Details

Assessed Tax Value: $644,700
Annual Tax: $3,514
Tax Year: 2026
Tax Lot:
Tax Block:

Utilities: Cable Available, Electricity Available, Phone Available, Water Available
Cooling: None
Heating: None
Sewer: Septic Tank
Water: Public
Solid Waste Disposal: Included with Maintenance Fees

First Listed September 4, 2026, 8:28 am
Last Updated September 4, 2026, 8:29 am
Listing Conditions: Leasehold, Standard
Property Condition:
Financial Info Available:

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