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For sale
  • $498,000

    1763 Pee Rd APT 407, Koloa, HI 96756

    1beds
    778sqft
    : 
    $3,960/mo
    Get pre-qualified
    Condominium
    Built in 1969
    -- sqft lot
    $-- Zestimate®
    $640/sqft
    $969/mo HOA

    What's special

    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.
    23 days
    630
    20

    Zillow last checked:

    Listing updated:

    Listed by:

    Craig Alvarado 8086681007,

    Hawai'i Modern Realty

    Source: Hawaii Information Service,MLS#: 733060MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • None
      Cooling
      • None
      Appliances
      • Included: Range, Refrigerator, Washer/Dryer Stacked
      Features
      • Meeting Room, Recreation Room, See Remarks
      • Flooring: Carpet, Vinyl
      • Has fireplace: No
      Interior area
      • Total structure area: 778
      • Total interior livable area: 778 sqft

      Property

      Parking
      • Parking features: Assigned
      Features
      • Exterior features: See Remarks
      • Pool features: Gunite, In Ground
      • Fencing: Chain Link
      • Has view: Yes
      • View description: Coastline, Mountain(s), Ocean, Sunset
      • Has water view: Yes
      • Water view: Ocean
      • Waterfront features: Ocean Front
      • Frontage type: Almost Oceanfront
      Lot
      • Features: Landscaped, See Remarks
      • Topography: Fairly Level
      Details
      • Parcel number: 4280190030024
      • Zoning: R-10
      • Special conditions: Leasehold,Standard

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Materials
      • Steel Frame
      Condition
      • Year built: 1969

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Cable Available, Electricity Available, Phone Available, Water Available

      Community & HOA

      Community
      • Features: See Remarks
      • Security: See Remarks
      • Subdivision: LEE KWAI BEACH LOTS
      HOA
      • Has HOA: Yes
      • HOA fee: $969 monthly
      Location
      • Region: Koloa

      Financial & listing details

      • Price per square foot: $640/sqft
      • Tax assessed value: $644,700
      • Annual tax amount: $3,513
      • Date on market: 9/4/2026
      • Listing terms: Cash
      • Ownership: CPR
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        9/4/2026Listed for sale$498,000$640/sqft
        Source: Hawaii Information Service #733060 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2017$3,063 +102.2%$346,100 +5.2%
        2016$1,515 $329,000 +6.6%
        2014-- $308,500
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 96756

        Getting around

        18 / 100
        Car-Dependent
        28 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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