2505 Kula Hwy, Kula/Ulupalakua/Kanaio, 96790

REDUCED 6% Residential - Single Family Residence For Sale

$3,490,000

4Beds
2Baths
1,616Sqft
Acres
1988Built
225DOM
MLS® #: 401865
Active, 225 Days on Market

Rare opportunity to acquire and transform one of Kula's favorite iconic properties. The former Enchanted Maui Gardens was a famous visitor destination created by Master botanist Kazuo Takeda of Japan. Rural zoning with 3/4 inch water meter creates potential!! This 8 plus acres has the potential to be renovated to show off the 100's of plants and trees still thriving on the property. One's imagination is the only limit. Botanical gardens, wedding venue, ample parking, dedicated Turn Lanes on State Highway 37, grease trap improvements, access to residence off of Lower Kula Road. Multiple sites on the property boast Wide open Haleakala views, South Maui, sunset views. Historical uses have been a Gift shop, Healing Center, Destination Weddings, walking tour through the gardens, eateries, Tourist Destination, etc. The Rural zoning allows for multiple dwellings and the property is on the Water Meter List for additional meters. This is a unique opportunity from a Real Estate point of view as well as a long term events. Special Use type of property with visitors looking for exciting destinations on Maui, Maui weddings etc. Showings to begin on April 23, 2024. Home will be shown on 2nd showings with advance notice. Value is in the land, house is a benefit for lending, etc.

Price & Status History

Date Details
Price Reduced from $3,700,000 to $3,490,000

Essential Information

MLS® #: 401865
Price: $3,490,000
Bedrooms: 4
Bathrooms: 2.00
Square Footage: 1,616
Acres: 8.05
Year Built: 1988
Type: Residential
Sub-Type: Single Family Residence
Land Tenure: Fee Simple
Status: Active

Community Information

Address: 2505 Kula Hwy
Area: Kula/Ulupalakua/Kanaio
City: Kula/Ulupalakua/Kanaio
State: HI
Zip Code: 96790

Amenities

Parking: Carport
View: Mountain/Ocean
Waterfront: None

Additional Information

Listed By: Hawaii Life (MA)
Date Listed: April 13th, 2024
Days on Market: 225
Monthly Maintenance Fees: $0.00
Division: 2
Zone: 2
Section: 3
Plat: 003

Listing Details

Office Contact: Cell: 808-870-2227

Financials

$/SqFt: $2,160

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