Koloa Real Estate has everything: beauty and exclusivity
Koloa is located on the South Shore of the Hawaiian island Kauai just north of Poipu. It is also known as “Old Koloa Town” and is full of rich history as the site of the first sugar plantation in Hawaii. There are numerous shops and businesses in Koloa that fill the old buildings throughout the town. There are still plantations in the area, but most of the sugar plantations have now been replaced by guava and other tropical fruits.
Koloa is a great tourist destination for fishing, snorkeling, surfing, and scuba diving. Also, in the summer, tourists and islanders alike flock to Koloa for the Plantation Days Celebration. This is a more expensive and upscale area of Kauai to live in; however, the high level of tourism makes living here affordable. The population is just a little over 2,000, and the average income is around $54,000.
Real estate prices vary greatly in the area making it possible to find something in everyone’s price range. The average price for homes is $350,000. The area is a great investment for rental properties because of the heavily focused tourism industry. Condos especially are great investments in Koloa. Waikomo Stream Villas, Sunset Kahili, and Koloa Garden Apartments have one-bedroom condos starting at $200K. Makahuena, Poipu Sands, and the Lawai Beach Resort have larger condos and condos closer to the water with amazing views. These start around $400K. Nihikai Villas, Alihi Lani, and Koloa Landing have more luxurious condos that sell between $800K and $1 million.
There are also single-family homes available for those seeking a different kind of home for permanent residency. Properties available that will require a little work and some updating start around $300K but can go up to over $8 million. Most available homes are priced between $500K and $600K. There are also distressed properties available such as REOs and short sales.
Koloa has everything: beauty, exclusivity, and a great distance from Poipu. Who would not want to buy real estate in this area? This area is a great investment in real estate, and also makes a great place to call a new permanent home. Prices for Koloa real estate are sure to soar now that the recession is at its end, and the best time to buy in the area would be immediately.


