Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Agricultural Land with Ocean Views Title is generated by Realmo AI

    230 Pulehuiki Rd #Unit A, Kula, HI 96790

    View on Map
    Claim this Listing
    For Sale
    $948,000

    1.62-acre agricultural land with main house entitlement and ocean views.

    Type:Land or Vacant Lot
    Lot size:
    1.62 Acres
    Added:
    Feb 17, 2026
    Days on Market:
    107
    Last Refresh:
    Apr 5 at 9:43 pm

    Property Features for 230 Pulehuiki Rd #Unit A

    General Information

    Standard status
    Active
    Lot size
    1.62 Acres
    Property subtype
    Land or Vacant Lot

    We can help!

    Listing Contact
    MARK MORRIS RS-72256

    Listing agent MARK MORRIS RS-72256

    Listing office COLDWELL BANKER ISLAND PROP(P)

    Listing date Feb 17, 2026

    Source Corcoran

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of COLDWELL BANKER ISLAND PROP(P)

    HighLights

    • 1.62‑acre AG vacant land with Main house CPR entitlement.
    • Enjoy ocean and Haleakala views.
    • Flag lot privacy with a private 50‑yard driveway.
    • Agricultural zoning allows for farm use and residential development.
    • Mature macadamia nut trees and usable open areas suitable for farming or orchard expansion.
    • Convenient access to Kula town amenities and Haleakala Highway.

    Overview

    This is a 1.62-acre agricultural vacant land parcel with main house entitlement, ocean and Haleakala views, and flag lot privacy. Located on lower Pulehuiki Road in Upper Kula, it is an agricultural-zoned CPR parcel with an existing small agricultural shed. The topography is gently sloped, offering mountain views toward Haleakala and ocean views from multiple vantage points. Accessed by a private driveway of approximately 50 yards, the flag lot provides separation from the roadway. The property is partially fenced and features mature macadamia nut trees and usable open areas suitable for farming, orchard expansion, or future homesite planning. Unit A shares a water meter with Unit B. Electric service is available at the roadside, and no septic system is currently installed. Agricultural zoning allows for farm use and residential main house development per CPR designation and county regulations. Located approximately 400 yards from Haleakala Highway (Route 37) and near Kula town amenities including La Provence Cafe and Kula Hardware and Nursery, it provides convenient access to other Upcountry Maui destinations. This is Unit A, the main house unit of a two-unit CPR property in Upcountry Kula.
    Property Profile Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    Kula
    County
    Maui
    State
    Hawaii
    Longitude
    -156.323
    Latitude
    20.7726

    Nearby Similar for Sale

    • $898,880

      Agricultural Land with Ocean Views

      1.62-acre vacant land in Kula with main house entitlement.
      230 Pulehuiki Rd, Kula, HI 96790
      View Details
    • $995,000

      Kula Vacant Land Opportunity

      3.5 acre vacant land in gated Kula Meadows community.
      30 Opalipali Pl, Kula, HI 96790
      View Details
    • $4,999,000

      Mixed-Use Complex in Kula, HI

      Turnkey mixed-use property with residential and commercial rental income.
      3135 Lower Kula Rd, Kula, HI 96790
      View Details
    • $995,000

      Kula Land with Ocean Views

      3.5 acre homesite with bi-coastal ocean and Haleakala views.
      30 OPALIPALI PL, Kula, HI 96790
      View Details
    • $995,000

      Kula Land with Ocean Views

      Rare 3.5-acre Kula homesite with bi-coastal ocean views.
      30 Opalipali Place, Kula, HI 96790
      View Details
    • $1,295,000

      Vacant Land Parcel with Panoramic Views

      Gently contoured 2.78-acre parcel at about 2,300 feet with described unobstructed panoramic views and installed water infrastructure.
      144 Kula I'O Rd, Kula, HI 96790
      View Details
    • $550,000

      Vacant Land in Kula

      2.1 acres of vacant land with ocean and mountain views.
      Holopuni Rd, Kula, HI 96790
      View Details
    • $750,000

      Kula Vacant Land with Views

      Half-acre Kula parcel with approved plans and breathtaking views.
      143 Elepaio Pl, Kula, HI 97690
      View Details
    • $3,495,000

      Kula Land with Income Potential

      10.6-acre Kula property with building site and lease income.
      2732 Kula Hwy, Kula, HI 96790
      View Details
    • $3,495,000

      Kula Land with Income Potential

      10.6-acre Kula property with building site and lease income.
      2732 Kula Highway, Kula, HI 96790
      View Details
    • $1,750,000

      Kula Land with Bi-Coastal Views

      6.72 acres of land with water meter and Kula views.
      1b-0 Kula Hwy, Kula, HI 96790
      View Details
    • $898,880

      Land Parcel in Kula, Hawaii

      Land available in Kula, Hawaii.
      230 Pulehuiki Rd Unit A, Kula, HI 96790
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 1.62-acre agricultural land with main house entitlement and ocean views.
    Where is this agricultural land / farmland located?
    The property is located at 230 Pulehuiki Rd #Unit A Kula, HI.
    What is the asking price?
    The asking price for this property is $948,000.
    What are key features of this property?
    This property features: 1.62‑acre AG vacant land with Main house CPR entitlement.; Enjoy ocean and Haleakala views.; Flag lot privacy with a private 50‑yard driveway.
    (808) 579-8000
    We can help!
    Listing Contact
    MARK MORRIS RS-72256
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    230 Pulehuiki Rd #Unit A, Kula, HI 96790
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!