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2810 Kapoli St
Kealia Kai, HI 96751
$25,000,000
Conventional
Property
Bedroom
6
Bathroom
8
Property Type
Conventional
Square ft
--
Property Description
Nestled above Kuna Bay, this Kealia Kai estate epitomizes opulent living, seamlessly marrying contemporary elegance with tropical allure. Encompassing over 8400 sq ft under its roof, the property boasts two Porte Cocheres and a captivating Atrium bordered by four spacious bedrooms, including two lavish suites. Upon entry, the grandeur unfolds with a marble medallion floor and exquisite pineapple-etched leaded glass, leading to the pièce de résistance – a breathtaking saltwater infinity pool perched at the bluff’s edge, presenting panoramic ocean vistas. The expansive living area harmonizes comfort and luxury, featuring a custom bar, recreational game tables, and a chef's dream kitchen with top-tier appliances, granite surfaces, and a sizable walk-in pantry. Adding to its allure, a brick-layered 300+-bottle wine cellar with a tasting area enhances the home's unique charm. The primary suite is a private haven, offering sweeping ocean views, dual walk-in closets, a jacuzzi tub, and luxurious his and hers amenities. Throughout the residence, dramatic door heights, 28' vaulted wood ceilings, and exceptional wood finishes showcase meticulous craftsmanship and attention to detail. Entertainment reaches new heights in the air-conditioned 9-seat home theater with "Buttkicker" seats vibrate with action scenes, and a full wet bar. Practical needs are met by the 4000 sq ft Ag building, housing sleeping areas for staff, six garages, and a 500 sq ft guest/property manager quarters. This Smart Home integrates technology seamlessly, with central piped gas and a robust 60KW Generac Generator, all controlled via iPads and smartphones. More than a home, this property is a testament to high-end living, where every detail is meticulously crafted for the pinnacle of luxury and convenience.
Property Information
Lot Size
6 acre(s) square ft
Property Type
Residential
Year Built
2009
MLS Number
707198
Location
Address
2810 KAPOLI ST
City
KEALIA KAI
State
HI
Zip Code
96751
County
KAUAI
Listing
Provider
Better Homes and Gardens Real Estate Rainbow Islan, original listing
Name
Better Homes and Gardens Real Estate Rainbow Islan
Phone
(808) 212-1980
Office Name
Better Homes and Gardens Real Estate Rainbow
Office Phone
(808) 212-1980
Agent Name
Joyce Wright Funk

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.