2455 S KIHEI Rd, Kihei, HI, 96753

NONE Subdivision in Kihei

Land For Sale

$14,900,000

0
Bed
0
Bath
Ocean
View
N/A
Sq Ft
$/Sq Ft
9
Acres
Across Street from Ocean
Waterfront
N/A
Year Built
158
DOM

  • Remarks: This is the former KAMAOLE GRAND 217 unit luxury condo development and near shovel ready. $6,200,000 has been spent on infrastructure including sewers, fire protection, three huge water meters, grading(needs to be regraded)and preliminary drawings but the current infrastructure is for the old 78 unit Aloha Village condominiums and incompatible with the current 217 unit plan. SMA is in place and ACTIVE. The North-South Collector road is in and finished. Final construction drawings are needed. This is a bank owned property. The property is zoned Hotel but designated multi-family in the Community Plan and that is cast in concrete. Short term rentals are NOT possible. All toll, there is not less than $15,000,000 spent on this property. There is also a water well for irrigation. Ingress/egress is from the North South Collector road. Right hand turn only onto Kihei road when exiting the property. Gentle slope to the top. Ocean views half way up and all the way from the top floors. Hundreds of thousands of dollars have been spent on architectural, planning, permitting, archeological, interest on loans for the past 11 years. If you have a developer who is capable of a project of this magnitude the pro formas will show the profit potential for this incredible development. The DROP BOX link is comprehensive. POF required and a letter of financial capability essential from the bank or financial institution, REIT, pension fund, insurance company funding the development. The price of the condos can be whatever the market will bear.

Listing Details for 2455 S KIHEI Rd

Property Details

  • MLS #: 382951
  • Class: Vacant Land
  • Type: Vacant Land
  • Price: $14,900,000
  • DOM: 158
  • Status: PENDING – CONT. TO SHOW
  • Area: Kihei
  • Neighborhood: KAMAOLE 1&2
  • Subdivision: NONE

Financials

  • Association Dues: 0
  • Potential Short Sale: No
  • REO: Yes
  • TMK: 2390200070000

Building Info

    Exterior

    • Acres: 9
    • View: Ocean
    • Waterfront: Across Street from Ocean

    Additional Information for 2455 S KIHEI Rd

    2455 S KIHEI Rd is land for sale in Kihei (MLS# 382951). This property features 0 bedrooms, 0 baths, and is sq ft. It is currently listed at $14,900,000.

    For more information about this listing or to schedule a showing, contact Brad MacArthur of Wailea Realty today. You can reach him directly on his cell phone at (808) 357-5000 or use the contact form below.

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    You are viewing the Official Maui MLS® details for the condo for sale at 2455 S KIHEI Rd, Kihei, HI 96753 – MLS®# 382951.

    Property listing made available by: Royal Realty LLC

    This listing was updated minutes ago.

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