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$3,700,000   Price Analysis
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2505 Kula Hwy
Kula, HI 96790
4 bed 2 bath 1,616 SqFt ($2289/SqFt)
8.05 acre lot. Built 1988
Listed 2024-04-17, Taxes $9,201
May be USDA loan restricted due to income limits
near Kula

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. This 8 plus acres has the potential to be renovated to show off the 100's of plants and trees still thriving on the pr operty. One's imagination is the limit. Botanical gardens, wedding venue, ample parking, dedicated Turn Lanes n 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.


Presented by Gary Mooers at
Hawaii Life (PA).


Property MLS #401865 from Maui

Bedrooms: 4
Primary Bedroom On Main Level: Yes

Total Bathrooms: 2
Full Bathrooms: 2

Carport Spaces: 2

Lot Size Acres: 8.05
Lot Size Square Feet: 350658

View: Mountain/Ocean

Elementary School: Kula Elementary
High School: King Kekaulike High
Middle School: Samuel E Kalama Intermediate

Kula Elementary School is a public elementary school located approximately 2.3 miles away.
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King Kekaulike High School is a public high school located approximately 2.4 miles away.
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Samuel Enoka Kalama Intermediate School is a public middle school located approximately 4 miles away.
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Haleakala Waldorf School is a private elementary, middle and high school located approximately 1.9 miles away.
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Source Listing Status: ACTIVE
Source Property Type: Residential
Area: Kula/Ulupalakua/Kanaio
Source Neighborhood: Kula/Ulupalakua/Kanaio
Property Subtype: Single Family
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$235,700 + $1,183,200
$1,418,900
$9,201
2021$221,500 + $1,025,400
$1,246,900
$7,063
2020$226,100 + $270,300
$496,400
$2,705
2019$219,800 + $254,900
$474,700
$2,819
2018$238,100 + $249,800
$487,900
$2,927
2017$224,300 + $123,800
$348,100
$2,092
2016$218,500 + $128,800
$347,300
$1,096
2015$198,700 + $103,800
$302,500
$1,739
2014$181,000 + $93,800
$274,800
$1,610
2013$180,500 + $83,800
$264,300
$1,599
2012$186,400 + $93,800
$280,200
$1,681
2010$205,200 + $116,300
$321,500
$1,849
2009$211,500 + $173,800
$385,300
$1,733
2008$199,400 + $178,800
$378,200
$1,701
2007$184,800 + $130,800
$315,600
$1,420

Listed 2024-04-17
$3,700,000
Maui
Sold 2019-07-15
$2,000,000
Public Record
Listing removed 2014-07-01
$1,935,000
Maui
Price Changed 2014-06-02
$1,935,000
Maui
Price Changed 2014-03-26
$2,037,000
Maui
Price Changed 2014-02-01
$2,143,938
Maui
Price Changed 2013-12-02
$2,256,250
Maui
Price Changed 2013-10-10
$2,375,000
Maui
Listed 2013-07-30
$2,500,000
Maui
Sold 2012-08-08
$1,100,000
Public Record
Listing removed 2012-02-04
$1,350,000
Maui
Listed 2011-09-01
$1,350,000
Maui
Listing removed 2009-09-01
$2,800,000
Maui
Price Changed 2009-05-10
$1,800,000
Maui
Listed 2008-08-30
$2,800,000
Maui
Sold 1992-01-25
$1,950,000
Public Record
Sold 1989-05-23
$375,000
Public Record
Sold 1989-05-01
$375,000
Public Record
Sold 1987-08-01
$370,000
Public Record
Sold 1984-07-01
$704,600
Public Record

Total Square Feet Living: 1616
Property Age: 36
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.