Mauilani Pkwy Kahului, HI 96732
- Mixed-use properties
- 192.00 lot acres
Current Use by Public Records
- Mixed-use properties
Property Details for 0 Mauilani Pkwy
- Lot size
- 192.00 lot acres
- Property type
- Mixed-use properties
- Property subtype
- Land
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Kahului
- County
- Maui
- State
- Hawaii
- Longitude
- -156.473
- Latitude
- 20.8679
