0 Honoapiilani Hwy, Wailuku, HI, 96793

FOR SALE
USD 6,995,000.00 / Fee Simple / MLS# 370042

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Rarely is there an Opportunity for a Prime Development parcel in Maui, conveniently located, with excellent access to the Central Maui business district, Kahului Airport as well as the major resort areas of Kihei, Wailea, Lahaina, and Maalaea. Approximately 257 agriculturally zoned acres offers many options for development. This could possibly be perfect for a large scale affordable housing project, rural, or agricultural subdivision. Stunning Ocean, South Shore, Molokini Crater, Kahoolawe, Central Valley & Haleakala views abound from every part of the property. Also, the property backs up to State of Hawaii preservation land which affords ideal privacy. There is a private water system in place consisting of three fresh water wells and a 750,000 gallon tank that can support approx. 1100 homes. Many of the consultants reports have already been prepared; archeological, traffic, water, environmental, and preliminary engineering. Work on the retention basins has been completed. Two existing traffic-signaled intersections are available for access into and out of the property. We are authorized by the Sellers to say that since the developer passed away recently, his family has no interest in pursuing further development of the property. They have invested over $17 million in the project. An iteration of the previous project had the support of the County of Maui Department of Housing & Human Concerns. Additionally, the Sale can potentially include 23 affordable housing credits that may be transferable from another project. Develop-able parcels of this scale and location are literally few and far between. Call to receive electronic links for the most recent Environmental Assessment documents.

Overview

Property Type
LOTS/LAND
MLS
370042
District
Maalaea
Neighborhood
Maalaea
Lot Area
11228897 SqFt

Water Frontage

None

Nearby Schools

Elementary School:
Middle School:
High School:

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For more information please contact:
Nathalie Mullinix, REALTY UNIVERSAL®, INC
Toll Free 866.808.6368 (MENU)
Oahu: 808.261.0350
Maui: 808.661.4466
Kauai: 808.826.9100
Big Island: 808.327.4466

7 + 1 = ?

1 comparable for MLS# 370042

LOTS/LAND - 0 Honoapiilani Hwy, Wailuku, HI, 96793

Subtype: Vacant Land / Lot Size: 11,228,897 SqFt. / Neighborhood: Maalaea / Land Tenure: Fee Simple / Topography: Gentle Slope 9

1. MLS# 370256 - Active - View Details
3700 KAHEKILI Hwy, Wailuku, HI, 96793
List Price: USD 8,500,000
Land Tenure: Fee Simple | Subtype: Vacant Land | Lot Size: 6,731,065 SqFt. | List Date: 2016-07-19


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This listing is courtesy of Robert H. Dein RB-18398

Listings Data Updated on October 18, 2021

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