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Maui Lani Parkway - Maui Lani
192 Acres of Residential Land Offered at $27,500,000 in Kahului, HI 96732
Investment Highlights
- SIZE: At 192± acres, the offering represents the largest remaining master plan opportunity in central Maui
- WATER: 603 meters available for purchase with potential to acquire more
- LOCATION: Minutes from the Kahului Airport and surrounded by views of mountains and the adjacent golf course
- MIXED-USE: The Planned District provides for 132± acres of single-family homes/townhomes, 22± acres of multifamily & 5.5± acres of commercial/civic
- DEVELOPER FEES: School fees have been paid, backbone infrastructure is complete, and agreement in place for acquisition of other fees/credits
- AFFORDABLE REQUIREMENT: Mostly satisfied by master developer, modest amount remaining that can be provided with multifamily rental product
Executive Summary
Property Facts
Price | $27,500,000 | Property Subtype | Residential |
Sale Type | Investment | Total Lot Size | 192.00 AC |
No. Lots | 1 | Cross Streets | Kuihelani Hwy |
Property Type | Land |
Price | $27,500,000 |
Sale Type | Investment |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Residential |
Total Lot Size | 192.00 AC |
Cross Streets | Kuihelani Hwy |
1 Lot Available
Lot
Price | $27,500,000 | Lot Size | 192.00 AC |
Price Per AC | $143,229 |
Price | $27,500,000 |
Price Per AC | $143,229 |
Lot Size | 192.00 AC |
Description
For Full Property Information, please visit: www.landadvisorygroupcw.com/maui-lani-master-plan/ Cushman & Wakefield ChaneyBrooks is excited to offer 192± entitled acres within the Maui Lani master planned community in Kahului, Hawaii that allows for up to 1,900 residential units. The project benefits from a highly desirable location with frontage on The Dunes at Maui Lani Golf Course and existing entitlements, allowing for a mix of residential and commercial uses. Size: At 192± acres, the offering represents the largest remaining master plan opportunity in central Maui Mixed Use: The Planned District provides for 132± acres of single-family homes and townhomes, 22± acres of multifamily, and 5.5± acres of commercial & civic uses Water: Credit for 603 water meters, potential to acquire more with a new well Developer Fees: School Fees have been paid, backbone infrastructure is complete, and agreement in place with master developer for acquisition of many other fees and credits Location: Just 10 minutes from the Kahului Airport, the site offers the rare opportunity to develop a community with views of Maui’s gorgeous mountains and the adjacent golf course Affordable Requirement: Mostly satisfied by master developer, modest amount remaining that can be provided with multifamily rental product Strong Residential Demand: As evidenced by record home prices and over 2,390 single-family homes/condos sold last year on the island, demand for residential housing remains extremely strong, especially for homes under $1 million
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Maui Lani Parkway - Maui Lani
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