0000 Kenolio Rd $1,250,000

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    0000 Kenolio Rd Kihei, HI 96753

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    $1,250,000

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    • 2.42 Acres
    • Vacant Land
    • MLS# 383658
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    Views: 4 Days On Market: 319

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    Property Details

    A beautiful golden sand beach is right across the street. A 3/4 water meter is installed on the cul de sac. Most likely it can be upgraded to a larger meter. The property is zoned A-1 MULTI-FAMILY and has been plotted for 40 condos/apartments in three two story buildings. There are many studies that have been done; soils report, preliminary engineering, et al. Go to Assoc Docs. This would be a great site for an estate with two ohanas; OR, subdivide the property into four (4)1/2 acre lots or some other configuration. YOU DO NOT HAVE TO BUILD 40 UNITS. However, if you build affordable condos or rental apartments the county will fast track the project (most likely) and give you the all the water you need. Also, the county will give the developer 75% of the 40 units, i.e. 30 affordable housing credits that sell on the open market for $75,000 each or $2,250,000 plus the profit from the 40 units. The lot will need to be elevated and the fill for that will come from TMK:2-3-9-001-162 which is owned by the owner of TMK 19. An easement or some form of right of way will be granted to lot 19 for beach access. Access to lot 19 is via Heona Place cul de sac. This property is in the SMA district, is state zoned Urban, Outside Protected Areas in the Maui Island plan, Community Plan is Multi-family residential and the county zoning is A-1 Apartment. Flood hazard area zones and base flood elevations is ZONE AE (10'-11')

    • General Features
      • Land Tenure Fee Simple
      • District Kihei
      • City Kihei
      • Water Front Across Street from Ocean
      • View Mountain/Ocean
      • Potential Short Sale No
      • REO No
    • Property Features
      • Water to Site County Water Meter Ins
      • Land SQFT 105,241
      • Land Acres 2.41

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    Neighborhood

    96753 (Kihei) Demographics

    41 Median Age
    854 Population Density (per sq. mile)
    40% College Educated
    $68,655 Estimated Median Income
    5,671 Estimated Total Home Owners
    5,161 Estimated Total Renters
    52% / 48% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    27,855 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $0 Median Sales Price
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    92 New On Market

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        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $1,250,000
        7/23/2019 11:58:00 AM New in Database Source

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        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        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.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.

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        Cheryl Dillon, RB-18551, James W. Wright, RB-16206, 1-800-735-2100