Water Views
Address
1503 Piihana Rd Wailuku, HI
Price
$ 386,400
Property Attributes
  • MLS#394303
  • TypeLand
  • CountyMAUI
  • CityWailuku
  • AreaWailuku
  • NeighborhoodWailuku Plantation
  • Zip96793
  • StyleVacant Land
  • Taxes$ 2105
  • Price$ 386,400
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.525 Acres
Listing Provided Courtesy Of:
eXp Realty - Fee Simple
Data Source:
REALTORS® Association of Maui (RAMAUI)
Property Description

Lister is related to owner. Priced for very fast sale at the 2021 assessed value of $386,400 which will possibly increase this January when the 2022 assessed values are released. Four other lots in Wailuku way smaller in size(7500 SF to 9500 SF) are priced from $41.50 PSF to $70.00 PSF. This lot is priced at only $16.68 PSF. 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 which could allow up to 5 dwellings on the lot. Zone X no flood zone. 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 600 unit main development. The main condition is the bridge improvement and Imi Kala road extension which the County of Maui has committed to pay. The buyer should meet with the developer to gain a clear understanding of the time required to get a building permit, which is inevitable, probably 12 months. Because of this inconvenience the Seller is willing to offer the Buyer financing with $225,000 down with the balance of $161,400 due upon the issuance of the building permit; a low interest rate and deferred interest to a qualified buyer is possible. 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. Price WILL increase if the assessed value increases. 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
1/10/2022 Listed $386,400

General Features

City Wailuku
Class Vacant Land
Coming Soon Lister is related to owner. Priced for very fast sale at the 2021 assessed value of $386
DOM 2
Fips Code 15009
Flood Zone No
Land Tenure Fee Simple
Listing Agent 205
Listing Area Wailuku
Neighborhood Wailuku Plantation
Parcel 057
Plat 032
Postal Code 96793
Potential Short Sale No
Price Per Sq Ft 16.9
Primary City Wailuku
REO No
Restrictions Building
Sale/rent For Sale
Section 4
Sewer Sewer County
Special Assessment No
Status ACTIVE
Street Name PIIHANA
Subdivision NONE
Subdivision HI
Topography Level
Type Vacant Land
Utilities County Water
View Mountain/Ocean
Waterfront None
Zone 3

Exterior Features

Latitude 20.896743
Longitude -156.499309
Photo Count 5
Land Sqft 22869
Land Use Residential, Commercial, Agricultural, Business
Lot Description Clear
Lot Dimensions 120.51x243.47x66x273.79
Lot Size Area 0.525

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 96793

Price
AVG $1.03M
$390K
Taxes
AVG $2,600
$2,105
Visits
AVG 93
44
Walkscore
AVG 30
53
Data Provided by Walkscore ® not using MLS data

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