490 Koheo, Kula, HI 96790

$1,300,000
List Price
$1,300,000
Days on Market
41
MLS#
383491
Status
ACTIVE
Neighborhood
Kula/Ulupalakua/Kanaio
Land Tenure
Fee Simple
Land Area
796,277
Type
Land

Property Description

This could be the ultimate gentleman's farm/estate/retreat or just, plain farm it. There are views, views, views of the West Maui mountains and the central island from all over the parcel with access from Koheo/Polipoli Roads. This parcel is currently being farmed. There is a mobile home positioned on the property. This is a condominiumized property and one of only two parcels. Associated documents included in this listing include a complete survey map and the By-Laws of this Agricultural Condominium. This property is allocated for the main house and the adjacent property for the smaller Ohana or cottage on the other parcel. RE: Pictures in MLS - These boundary line indications are approximations and not mathematically correct. Seller would also, entertain a fractional ownership position with any party who would build a residence based on ratio of cost to build paid by Buyer and appraised value of land. A detailed legal agreement would be established and agreed upon by land owner and fractional ownership buyer prior to execution to memorialize the transaction. All profits from residential buildout and rest of property would be distributed based on ratio percentages of each party as described above.

Additional Information

TMK
2220050450001
View
Mountain/Ocean

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Pali Kai Inc.

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, 1995-2015, REALTORS® Association of Maui, Inc. All Rights Reserved.