Water Views - Seller Financing
Address
3135 Lower Kula Rd Kula, HI
Price
$ 3,200,000
Property Attributes
  • MLS#386650
  • TypeSingle Family
  • CountyMAUI
  • CityKula
  • AreaKula-Ulupalakua-Kanaio
  • NeighborhoodKula
  • Zip96790
  • StyleSingle Family
  • Year Built1959
  • Taxes$ 8375
  • Price$ 3,200,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1236
  • Lot Size0.93 Acres
Listing Provided Courtesy Of:
Hawaii Life (KAP) - Fee Simple
Data Source:
Realtors Association of Maui (RAMAUI) - 264 - HI
Property Description

Mixed-use property with both residential and commercial rentals, and an active auto shop business all included in the sale. Seller would consider a development partner or an outright sale. The property is undergoing expansive growth project opening up significant opportunity in the development space: 1. Working with Rob Cole, the Owner has applied for B-CT (Business Country Town) rezoning. Currently zoned Interim, and County of Maui Master Plan is Commercial. 2. Working on subdividing the Property into 2 TMK's and then CPR'ing the two resulting properties with Brook Starr/Tom Welch. 3. Upgrading the current 1.0" water meter to 2.0". The Owner is currently #71 on the list as of 1/1/2021, and based on historic progress estimates Feb-June of 2022. See Docs Section for Approved Property Uses of these upgrades. Low-density, lush Kula setting, 360-degree spectacular views: sunsets over both Pacific Ocean coasts, West Maui Mountains, and sunrises over Haleakala Crater. La Provence French Bakery/Restaurant and Kula True Value Hardware neighbors, plus a gated luxury residential development Kula I'O 1/3 mile away. Buy the property and rent out the shop space for additional income, buy the shop only, or buy both and live-work-play on Maui from your home. Owner financing possible with the right deal. Financial and Corporate Records available. SHOWINGS: Owner and Tenant Occupied, successful and active Business, NO DROP-INS - please contact your favorite Realtor for an Appointment.

Price History
4/6/2020 Listed $2,900,000
12/19/2020 7% - $2,700,000

General Features

Bathrooms 2
Beds 3
Class Residential
Cooling No
Land Tenure Fee Simple
Listing Agent 10558
Listing Area Kula/Ulupalakua/Kanaio
Parcel 037
Plat 053
Section 3
Sewer Cesspool
Street Name Lower Kula
Subdivision HI
Topography Level
Utilities County Water Meter Ins, Overhead Electricity, Telephone, TV Cable
View Mountain/Ocean
Waterfront None
Year Built 1959
Zone 2

Interior Features

Subdivision Kula

Exterior Features

Latitude 20.775933
Longitude -156.325635
Photo Count 30
Lot Size Area 0.9274
Pool Y/N No
Roads Paved

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 96790

Price
AVG $3.29M
$3.2M
Taxes
AVG $5,427
$8,375
Visits
AVG 157
77
Year Built
AVG 1984
1959

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