0 N Malaihi, Wailuku
• 0 bdrm
• 0.0 bth
• 0 sqft
• View: Mountain/Ocean
• 376338
• Vacant Land
• Wailuku
Listing Date
• 2017-11-15
• Vacant Land
• 0 N Malaihi
Land Area
• 1,515,017
Water Front
• None
• Mountain/Ocean
Land Tenure
• Fee Simple
Listing Office
• McEntire Realty
DEVELOPER'S DREAM If you are a developer or someone looking for a magnificent 34.78 acre ocean and mountain-view property with macademia groves, wild banana and papaya, abundant kuleana water, abundant power from the sun, easy access off Malaihi road, less than 5 minutes to either Wailuku or Kahului, 10-12 minutes to the airport and 100% country you absolutely must see this property. Waiehu Valley is the perfect choice to develop. Once you know what the agricultural zoning and Royal Patent lands allow for the number of lots, 30 days due diligence is all one needs to know the possibilities and a ten day close. Most all the due diligence has already been done by a developer and this project is nearly ready to go for preliminary subdivision approval. There is no mystery here. The county ordinances and state laws regarding Royal Patent lands are crystal clear. Look at the most recent comps to price the lots. Lot 22 is in escrow asking $575,000 with 2.75 ocean view acres. This is a very high demand area as the soil is amazing, the rainfall is just the perfect amount, the altitude is perfect and the energy is mellow. This area is still relatively undiscovered but the word is starting to get out. Call me for the intimate details about this amazing land and let's talk. I know this valley extremely well. Owner has applied for the TMK and is forthcoming. Photos and all pertinent documents are forthcoming. The property generates approximately $6000 a month income. Call for details. The 7 cottages that are non-conforming are in the process of being permitted but are not included in the sale and will be moved off the property. Call to discuss.

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Wailea Town Center
161 Wailea Ike Place #A-102
Wailea, Hawaii 96753
Office: (808) 875-4444
Fax: (808) 875-4414
Email: Info@MauiRealEstateAdvisors.com

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