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Melissa R Adams

RS-80609

  • Office 808.442.7500
  • Cell 808.633.0694
Questions?

55 Heona Pl, Kihei, Hawaii – $1,250,000

  • $1.3M Price
  • 105,241 Sqft
  • 2.42 Acres
  • 29 DOM
  • $1.3M Price
  • 105,241 Sqft
  • 2.42 Acres
  • 29 DOM

55 Heona Pl

A beautiful golden sand beach is right across the street. A 3/4" water meter is installed on the cul de sac. Most likely it can be upgraded to a larger meter. The property is zoned A-1 MULTI-FAMILY and has been plotted for 40 condos/apartments in three two story buildings. There are many studies that have been done; soils report, preliminary engineering, et al. Go to Assoc Docs. This would be a great site for an estate with two ohanas; OR, subdivide the property into four (4)1/2 acre lots or some other configuration. YOU DO NOT HAVE TO BUILD 40 UNITS. However, if you build affordable condos or rental apartments the county will fast track the project (most likely) and give you the all the water you need. Also, the county will give the developer 75% of the 40 units, i.e. 30 affordable housing credits that sell on the open market for $75,000 each or $2,250,000 plus the profit from the 40 units. The lot will need to be elevated and the fill for that will come from TMK:2-3-9-001-162 which is owned by the owner of TMK 19. An easement or some form of right of way will be granted to lot 19 for beach access. Access to lot 19 is via Heona Place cul de sac. This property is in the SMA district, is state zoned Urban, "Outside Protected Areas" in the Maui Island plan, Community Plan is Multi-family residential and the county zoning is A-1 Apartment. Flood hazard area zones and base flood elevations is ZONE AE (10'-11')

Fee Simple
Listed by: eXp Realty

Essential Information

  • MLS® #383658
  • Price$1,250,000
  • Square Footage105,241
  • Acres2.42
  • TypeVacant Land
  • Sub-TypeVacant Land
  • Land TenureFee Simple
  • StatusActive

Community Information

  • Address55 Heona Pl
  • AreaKihei
  • CityKihei
  • StateHawaii
  • Zip Code96753

Amenities

  • ViewMountain/Ocean
  • Is WaterfrontYes
  • WaterfrontAcross Street from Ocean

Additional Information

  • Date ListedJuly 23rd, 2019
  • Days on Market29
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Fee Simple

Listed by: eXp Realty.

Listings provided courtesy of the REALTORS® Association of Maui.

This information is believed to be accurate. It has been provided by sources other than the Realtors Assoc. of Maui and should not be relied upon without independent verification. You should conduct your own investigation and consult with appropriate professionals to determine the accuracy of the information provided and to answer any questions concerning the property and structures located thereon. Featured properties may or may not be listed by the office/agent presenting this brochure.

Copyright 1995-2019, REALTORS ® Association of Maui, Inc. All Rights Reserved.

Listings provided courtesy of the REALTORS® Association of Maui.

This information is believed to be accurate. It has been provided by sources other than the Realtors Assoc. of Maui and should not be relied upon without independent verification. You should conduct your own investigation and consult with appropriate professionals to determine the accuracy of the information provided and to answer any questions concerning the property and structures located thereon. Featured properties may or may not be listed by the office/agent presenting this brochure.

Copyright 1995-2019, REALTORS ® Association of Maui, Inc. All Rights Reserved.