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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

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.

Property Facts

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
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

  • Listing ID: 23178023

  • Date on Market: 5/24/2021

  • Last Updated:

  • Address: Maui Lani Parkway, Kahului, HI 96732

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