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2505 Kula Hwy - Enchanted Maui Botanical Gardens/ Subdivision
8 Acres of Residential Land Offered at £2,789,627 in Kula, HI 96790
Investment Highlights
- Rural 1/2 acre zoning, 3/4" water meter, State Highway turn lane for commercial opportunities, Historical Kula Botanical Garden
Executive Summary
Prime investment property. Great highway access may allow for Special use for day time botanical garden tours.
Zoning allows for multiple dwellings for income or CPR and develop.
Property Facts
| Price | £2,789,627 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| Sale Conditions | 1031 Exchange | Total Lot Size | 8.00 AC |
| No. Lots | 1 |
| Price | £2,789,627 |
| Sale Type | Investment |
| Sale Conditions | 1031 Exchange |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 8.00 AC |
1 Lot Available
Lot
| Price | £2,789,627 | Lot Size | 8.00 AC |
| Price Per AC | £348,703 |
| Price | £2,789,627 |
| Price Per AC | £348,703 |
| Lot Size | 8.00 AC |
Rare opportunity to acquire and transform one of Kula's favorite iconic properties. The former Enchanted Maui Gardens created by Kazuo Takeda of Japan. This 8 plus acres, house, 3/4” water meter, zoned for 1/2 acre lots, multiple home opportunity
Description
Rare opportunity to acquire and transform one of Kula's favorite iconic properties. The former Enchanted Maui Gardens was a famous visitor destination created by Master botanist Kazuo Takeda of Japan. 3/4” water meter provides rare amount of water for multiple dwellings. This 8 plus acres has the potential to be renovated to show off the 100's of plants and trees still thriving on the property. One's imagination is the only limit. Botanical gardens, wedding venue, ample parking, dedicated Turn Lanes on State Highway 37, grease trap improvements, access to residence off of Lower Kula Road. Multiple sites on the property boast Wide open Haleakala views, South Maui, sunset views. Historical uses have been a Gift shop, Healing Center, Destination Weddings, walking tour through the gardens, eateries, Tourist Destination, etc. The Rural zoning allows for multiple dwellings and the property is on the Water Meter List for additional meters. This is a unique opportunity from a Real Estate point of view as well as a long term events. Special Use type of property with visitors looking for exciting destinations on Maui, Maui weddings etc. Showings to begin on April 23, 2024. Home will be shown on 2nd showings with advance notice. Value is in the land, house is a benefit for lending, etc.
zoning
| Zoning Code | Rural .5 (Rural 1/2 acre zoning allows for one home per 1/2 acre and one accessory dwelling. 8 acres with a 3/4” water meter allows for multiple dwellings.) |
| Rural .5 (Rural 1/2 acre zoning allows for one home per 1/2 acre and one accessory dwelling. 8 acres with a 3/4” water meter allows for multiple dwellings.) |
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2505 Kula Hwy - Enchanted Maui Botanical Gardens/ Subdivision
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