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.
|--||New Value: $1,500,000|
|8/14/2019 11:58:00 PM|