$3.3 Million Dollar Penthouse breaks real estate history on Kauai

Koloa Landing at Poipu Beach sells the most expensive condo recorded on island.

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Our objective is to maintain a real estate portfolio of exceptional properties which provide the highest standard of luxury in some of the world’s most desirable locations. This penthouse hits the mark.

KAUAI, HAWAII (PRWEB) January 23, 2013

Koloa Landing at Poipu Beach, a Wyndham Grand Resort ended 2012 with great success closing a record- setting penthouse sale for $3.34 million. This penthouse represents the pinnacle of luxury island living on Kauai, a harmonious balance between sophistication and luxury with a touch of island casual. The recorded price of $3.34 million sets a new record for the most expensive condo ever sold on Kauai, breaking the previous record set in 2010.

“The decision to purchase at Koloa Landing was easy,” says Stephen Petasky President of The Luxus Group – the Penthouse purchaser. “Our objective is to maintain a real estate portfolio of exceptional properties which provide the highest standard of luxury in some of the world’s most desirable locations. This penthouse hits the mark.”

This transaction brings the total sales volume to just over $35.5 million closed since the properties opening in November of 2010. Todd Hadley, Owner’s Representative for Poipu Beach Villas, LLC, the resort’s developer stated that, “The continued success confirms our product is truly unique and offers something special to all of our current and future homeowners...”

Koloa Landing, a 25 acre master-planned development, is the newest luxury resort to be built in Poipu. Their condominiums range in size from 1,100 to over 3,000 interior square feet with prices ranging from $799,000 to $3.5 million. The resort currently features two lagoon style pools, a spa and fitness center, a marketplace and sundry shop, underground parking, and two direct walking paths to the ocean, shopping and dining. At its completion, Koloa Landing will include 323 two, three, and four bedroom fully-furnished condominiums, two additional lagoon style pools, a poolside grille and bar, as well as a special event facility.

“Koloa Landing sets a new standard for luxury condo living on Kauai.” Says Chadd White with Oceanfront Realty International Inc., the exclusive listing Brokerage for the development. “Our unparalleled offering provides ownership opportunities for some of the most discriminating buyers.”

For additional details about the property or ownership opportunities visit http://www.KoloaLanding.com, call 866-921-4242, or email info(at)KoloaLanding(dot)com. Photos available upon request.


Contact

  • Jennifer Cole-Conner, RA
    Koloa Landing Wyndham Grand Resort
    808.241.5533
    Email