Pueo Point, Estate of the Day

by Deidre Woollard (RSS feed)
Jul 16th 2010 at 1:01PM

Concierge Auctions is back in Hawaii for another on-site auction. On August 23, the firm will auction off Pueo Point, an ocean bluff residence and adjacent lot located on the North Shore of Kauai. The sale is being conducted in cooperation with Neal Norman of Koa Properties.

Located on Anini Vista Drive, Pueo Point is perched on a bluff overlooking Anini Beach, which has the longest reef of all the Hawaiian Islands. The properties have landscaped gardens and trails leading to the tranquil and secluded beach below. The residence includes three bedrooms, an office, gourmet kitchen, maple hardwood floors, custom teak cabinetry and floor-to-ceiling sliding glass doors. Every room offers ocean, garden or sunset views and the exterior of the home features a saltwater pool and spa, private shower, protected dining area, limestone lanais and ipe decks. "The home and grounds are a work of art and a labor of love," stated Michele Hughes of The Michele Hughes Company, developer and owner of the seven-acre property.

The property is being sold in two sections, one for the main residence on 1.32 acres, and one for the adjacent 1.67-acre lot. Together the two parcels have a 2/3 undivided interest in an additional four acres of manicured common area. The residence was once offered at $9.8 million, the suggested opening bid is $3.8 million. The lot was appraised for $3.7 million and the suggested opening bid is $1.5 million.

Gallery: Pueo Point