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Mauilani Pkwy Kahului, HI 96732

Sponsored
For Sale
$27,500,000

192 Acres, Mixed-Use Potential, Kahului

Description

Added:
Dec 11, 2024
Days on Market:
391
This exceptional 192-acre property in Kahului, Maui, presents a significant development opportunity. Located within the established Maui Lani master-planned community, this land offers a unique blend of residential and commercial entitlements. The approved plan allows for approximately 1,900 residential units, encompassing single-family homes, townhomes, and multifamily dwellings. In addition, over 5.5 acres are designated for commercial and civic uses. The property boasts frontage on The Dunes at Maui Lani Golf Course, providing stunning views and a desirable location. Existing infrastructure is largely complete, including paid school fees and a backbone infrastructure. An agreement is in place with the master developer to acquire additional credits and cover many developer fees. Water rights of 603 meters are available, with the potential to acquire more. The site's proximity to Kahului Airport (just 10 minutes away) adds to its appeal. Given the strong residential demand in Maui, evidenced by record home prices and high sales volume, this development presents a compelling investment opportunity. The property's APNs are (2) 3-8-07:109, (2) 3-8-07:130, (2) 3-8-07:159, and (2) 3-8-07:160. The asking price is $27,500,000. Affordable housing requirements are largely met, with only a modest amount remaining, easily addressed through multifamily rental units.

Property Features for 0 Mauilani Pkwy

General Information

Property type
Multifamily properties
Lot Size
8,363,694 SF

HighLights

  • 192± acre master‑planned community development opportunity in Kahului, Maui.
  • Mixed‑use zoning allows for approximately 1,900 residential units (single‑family, townhomes, multifamily) and 5.5± acres of commercial/civic space.
  • 603 meters of water rights available, with potential for expansion.
  • Significant developer fees already paid; agreement in place to cover remaining fees.
  • Prime location: 10 minutes from Kahului Airport, adjacent to The Dunes at Maui Lani Golf Course.
  • Affordable housing requirements largely met; easily completed with multifamily units.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Map

City
Kahului
County
Maui
State
Hawaii
Longitude
-156.472651
Latitude
20.867917

FAQs

What type of property is this?
Multifamily property - 192 Acres, Mixed-Use Potential, Kahului
Where is this multifamily property located?
The property is located at Mauilani Pkwy Kahului, HI.
What is the asking price?
The asking price for this property is $27,500,000.
What are key features of this property?
This property features: 192± acre master-planned community development opportunity in Kahului, Maui.; Mixed-use zoning allows for approximately 1,900 residential units (single-family, townhomes, multifamily) and 5.5± acres of commercial/civic space.; 603 meters of water rights available, with potential for expansion.
More about this property
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