Coconut Coast

Coconut Plantation Resort Property in Waipouli Going to Auction

Jim Karlovsky, RB | (808) 282-7981 Real Estate Leave a Comment

Coconut CoastAn 11.78-acre oceanfront parcel in Waipouli will be going to auction next month.  The property has been planned to be a 198-room resort apartment complex, called Coconut Plantation Resort, since 2007.  The property is owned by a large hedge fund in California that simply decided it is time to get it off of their books.  It will be sold by means of an absolute auction, meaning that there will be no asking price and the property will be sold to the highest bidder.  The property has been the subject of much dispute and speculation over the past few years, as locals have expressed concern about the proposed development’s impact on the environment and coastline.

The property will be available for touring during the week of March 9 – 16, with the live auction set for Thursday, March 19 at the Courtyard Kauai in Waipouli.

For more information, read the original news article in The Garden Island newspaper, here:  For Sale: Coconut Plantation Resort

About the Author

Jim Karlovsky, RB | (808) 282-7981

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Having worked as a licensed Real Estate Broker in 3 states (HI, CA & IL), with $6.7 Billion in real estate sold, leased, advised upon and/or formally valued for clients, and with the experience of more than 150 completed transactions involving luxury residential, vacant land, retail, office and industrial property types, I bring a wealth of knowledge and experience to the real estate advisory and sales services I provide to my clients here on Kauai. I hold myself to the highest ethical standards and always place my clients’ interests above my own. With an unwavering and unsurpassed work ethic, I work to advance the objectives of my clients with integrity and in a manner that fosters a sense of trust and respect.