1503 Piihana Rd, Wailuku

$386,400

  • MLS® #: 394303
  • 1503 Piihana Rd
  • Wailuku, Hawaii 96793

1503 Piihana Rd, Wailuku

$386,400

  • MLS® #: 394303
  • 1503 Piihana Rd
  • Wailuku, Hawaii 96793
0 Beds
0 Baths
22,869 Sqft
.53 Acres
0 Garages
  • Overview 22869 SQ. Feet, 0.53 Acres
  • Listing Type Vacant Land
  • Office: eXp Realty

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.

Essential Information

MLS® #394303
Price$386,400
Square Footage22,869
Acres0.53
TypeVacant Land
Sub-TypeVacant Land
Land TenureFee Simple
StatusActive

Community Information

Address1503 Piihana Rd
AreaWailuku
SubdivisionNONE
CityWailuku
StateHawaii
Zip Code96793

Amenities

UtilitiesCounty Water
ViewMountain/Ocean
WaterfrontNone

Exterior

Lot DescriptionClear, Corner, Level

Additional Information

Date ListedJanuary 10th, 2022
Days on Market10
ZoningProject District, Urban
Description Land TenureFee Simple

Listing Details

OfficeeXp Realty

Wailuku Statistics

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Quick Details

This Property is priced at $386,400 and located at 1503 Piihana Rd, . With Bedrooms and Bathrooms, it offers a total of 22869 Square feet. This Vacant Land was built in and its status is Active. This property is represented by Bruce Travis of eXp Realty, Contact Number 808-280-1333, our team of Realtors can represent you at no additional cost.

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Listings provided courtesy of the REALTORS® Association of Maui.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listings provided courtesy of the REALTORS® Association of Maui.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.