1800 MALAIHI Rd $1,500,000

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    1800 MALAIHI Rd Wailuku, HI 96793

    • 43.00 Acres
    • Vacant Land
    MLS# 383894 | Active

    $1,500,000

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    Days On Market: 4 0 Views
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    Property Details

    LENDER LIQUIDATION- This most amazing, incredible, mind blowing piece of land on Maui. Of course all of Maui is amazing but if you are looking for drop dead, jaw dropping OMG I can't believe what I am seeing type of views then look no further than this property. Two year round streams, an irrigation ditch (ala wai) that runs through the property, a several acre reservoir that used to be filled with water, old forests with fern grottos next to the stream. A small mountain is on the property and a road has been built to the top and several acres of forest have been cleared and cane grass has taken its place. The 2014 APPRAISED VALUE was $2,450,000 and is one of the Assoc docs. The loan amount is the asking price but the lender says bring me any and all offers and let me look at them. Multiple building sites above and below. Great equestrian property, or a fabulous retreat for a corportation to do its own not for profit glamping retreat. There is so much free water you can create ponds for ducks or watering holes for the horses and livestock. Raise goats to keep the weeds under control. Grow coffee or anything that grows. No sub-division is possible except a CPR into two lots. If you know how a website begins and ends then go to waiolaowaiehu for an aerial and ground tour when we first cleared the land. This land feels like Hana but only 7-8 minutes to Kahului and Wailuku. This is a County of Maui lot determination #29. It does not yet have its own TMK. That is available upon application. Once you have the TMK you can apply for a water meter but catchment water is also abundant in Waiehu Valley. There have only been three owners since the King. Wailuku Agribusiness bought all the land in the valley in 1891 and kept it for 108 years. The next owner bought all those lands in 2000 and now the Lender owns the property so this is a once in a lifetime opportunity to own such a large piece of land for such a small price. 24 hour notice required along with Proof of Funds. No showing without that. It takes nearly 2 hours to view this property. Wear walking shoes, long pants, hat and sunscreen.

    • General Features
      • Land Tenure Fee Simple
      • District Wailuku
      • City Wailuku
      • Water Front None
      • View Mountain/Ocean
      • Potential Short Sale No
      • REO Yes
    • Property Features
      • Water to Site No Water
      • Land SQFT 1,873,080
      • Land Acres 43

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    Neighborhood

    96793 (Wailuku) Demographics

    39Median Age
    463Population Density (per sq. mile)
    34%College Educated
    $73,892 Estimated Median Income
    6,141Estimated Total Home Owners
    3,662Estimated Total Renters
    63% / 37%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    31,770Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $355,000 Median Sales Price
    1 Homes Sold
    34 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $1,500,000
        8/14/2019 11:58:00 PM New in Database Source

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        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.

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