1503 PIIHANA Rd
PRICE: $403,600 Fee Simple
CLASS: Vacant Land
| MORTGAGE AMOUNT | $0 |
| DOWN PAYMENT AMOUNT | $60,540 |
| MONTHLY MORTGAGE PAYMENT | $0/span> |
| TOTAL MONTHLY PAYMENT | $0 |
MLS#: 394303
Bank Owned: No
Status: Active
Days on Market: 1082
Offer Price: $403,600
Lot Size: Wailuku
City: Wailuku
Listed By: eXp Realty
Vacation Rental:
Posting Date: 01-10-2022 9:25pm
Last Update: 04-09-2022 1:28am
LISTING PROVIDED BY
Bruce R Travis RS-79596
808-280-1333
BruceRTravis@yahoo.com
eXp Realty
808-725-2794
hi.broker@exprealty.net
https://elgineonaka.exprealty.com
808-280-1333
BruceRTravis@yahoo.com
eXp Realty
808-725-2794
hi.broker@exprealty.net
https://elgineonaka.exprealty.com
PROPERTY DESCRIPTION
Lister is related to owner. BREAKING NEWS: Front page of the Maui News 2/16/2022. California developer going to develop 752 affordable housing units in Waiehu to begin in 2024. This means the developer will also be responsible for the bridge improvements and the Imi Kala road extension just like the prior Oahu developer Sterling Kim. Almost every lot in Wailuku is in escrow. A6782 sf lot is asking $525,000. Water meter is in the ground. County sewer, electric right on Piihana road. 23,162 SF of fertile land with the right by county ordinance to draw water from Iao Stream which is a short stroll away. Spectacular West Maui mountain views with ocean views from a second level. The zoning is Project District. Build a main home and cottage. Zone X in FEMA. This is the biggest lot for the lowest price in Wailuku. There are conditions the developer has to satisfy pursuant to the Project District development. The developer owns 100%/79+ acres of the Project District and has been actively working to satisfy those conditions in order to get a building permit for the 300 unit main development above Pi`ihana Road on Kalekini Highway across from Wailuku Country Estates. The main condition is the bridge improvement which the County of Maui has verbally committed to help fund. The developer of the Waiehu 751 units and the developer of the Piihana Project District are both responsible for the Imi Kala road extension improvement from the bridge to Pi`ihana road. On February 3, 2022 Unemori Engineering was retained to redesign the Imi Kala road extension so it can be built. Seller requires to be cashed out on the purchase. Being sold As Is. This is a beautiful lot with country living right in town. This is a great investment property in a great location. Two large shade trees on the lot. Easy ingress/egress from the Millyard over the bridge. Survey has been done but needs to be re-staked. If you don`t need to build immediately take advantage of this very low price for this big piece of property which is only minutes to the county seat; walk to the Millyard, Post Office and numerous restaurants and services in the immediate area.
PRICE HISTORY
| Date | Days Ago | Event | Price |
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Last update: 1:28am 4/9/2022
Disclaimer - This information is believed to be accurate. It has been provided by sources other than the Realtors Assoc. of Maui and should not be relied upon without independent verification. You should conduct your own investigation and consult with appropriate professionals to determine the accuracy of the information provided and to answer any questions concerning the property and structures located thereon. Featured properties may or may not be listed by the office/agent presenting this brochure.
