A 34-acre compound on the most exclusive street on the Hawaiian island of Kauai is slated for auction this month. The Secret Beach oceanfront complex will be offered for bidding through September 23 via Concierge Auction’s online digital platform, allowing buyers to bid remotely from anywhere.
The Hawaii property, listed at $50 million, will sell to the highest bidder with no reserve. It sits on the same street as the home on 15 acres that set the record for the highest price ever paid for a property within the state.
The compound for sale has the space for five homes and is located on two-thirds of a mile of oceanfront on Hawaii’s Secret Beach. The property features walking paths leading to pristine sandy white beaches and the crystal-clear waters on the island’s North Shore.
The Concierge Auctions Hawaii property features two existing luxury cottages – Hale Lani (“heavenly home”) and Hale Nanea (“home of joy and tranquility”), both of which look out on the North Shore with grand views of the Pacific Ocean and vast mountain ranges. Each cottage is built of indigenous white coral, travertine tiles, granite surfaces, tropical woods, limestone, and designer appliances. The cottages are located on a private bluff, permitted, and have a history of success as vacation rentals with vast income potential.
If the buyer is looking to build a dream residence, the cottages are an ideal place to live on-site while building. The grounds are landscaped and completely irrigated and feature a waterfall, lotus pond, abundant lilies, and tropical plants, along with a palm nursery.
In addition to the cottages, there’s a 450-square-foot outbuilding already permitted for use for agriculture, as an office, or as an additional 950-square-foot house.
Collectively, the property’s zoning allows for more than five beachfront and bluff front homesites and three guest houses.
The location is abundantly private and minutes away from Princeville and its airport and less than an hour from the natural beauty and recreation of the Kalalau Trail, Napali Coast State Wilderness Park, and Wailua River, some of the most beautiful sites in all of Hawaii.
Ultra-high-net-worth people have flocked to the North Shore and the Kona-Kohala Coast and nearby islands are popular with many Silicon Valley tech entrepreneurs.
Secret Beach is known for its vast size, white sandy beaches, and bursts of black lava rock outcroppings. The beach has no public roads leading to it, just the paths that provide private access to the shore. The island itself has attractions galore, including the beaches for which Kauai is famous, kayaking on the Wailua River, whale watching and sailing along the coast, and breathtaking 3,000-foot sea cliffs.
Concierge Auctions Properties in Hawaii and Beyond
Concierge Auctions is the world’s largest auction firm for luxury real estate. Its digital selling platform features dynamic digital marketing, property preview, and bidding functions to connect the world’s most sought-after properties with high-net-worth buyers. Sellers get speed, reach, and confidence in successful sales while buyers can see, tour, and experience properties from anywhere.
The firm’s database contains the most comprehensive collection of information on high-net-worth sellers and buyers. Since its founding in 2008, Concierge Auctions has generated billions in sales in 44 states and territories and 30 countries.