Koloa Landing at Poipu Beach says it closed a record-setting penthouse sale for $3.34 million setting a new record for the most expensive condominium ever sold on Kauai.
The previous record was set in 2010.
"The decision to purchase at Koloa Landing was easy," says Stephen Petasky President of The Luxus Group, who bought the penthouse. "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."
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.