$2,499,000 Price Analysis    ♡   Wailuku, HI 96793 3 bed 3 bath 2,104 SqFt ($1187/SqFt) 12.12 acre lot. Built 2008 Listed 2023-10-12 | May be USDA loan restricted due to income limits near Wailuku |
Own a piece of history!
This is a unique opportunity to purchase a handcrafted Thai style home with ornate scrollwork and carvings throughout on 12.12 acres with city water, power and access to all utilities including cable in one of the most desirable and historic locations in all of Hawaii. Waihee is the valley where Queen Kaahumanu, wife of Kamehameha the Great, was raised. The valley that, in 1790, fed the armies of Kamehameha the Great and Maui King Kalanikupule as they fought in nearby Iao Valley in the fierce Battle of Kepaniwai. Who are The Four Waters of Maui? Within the song that Alice Namakelua wrote, The Famous Waters, are Waikapu, Wailuku, Waiehu and Waihe'e. They are streams and, due to the extraordinary volume of water flowing from mountain to sea, the lands surrounding them were fertile and rich for cultivation. This land is a tropical fruit lovers paradise, sporting a huge grove of mature mango trees including Hagen, Ah Ping, Rapoza and Thai Mango varieties. Dragonfruit abounds and Papaya, Bananas and Starfruit grow wild throughout the property. The backyard garden also includes several mature lychee and Jackfruit trees that produce heavy crops annually. The main home is a 3 bedroom, 3 full bath 2584 square foot structure with a great room living room, kitchen and dining area, a basement workshop, laundry and storage area, two finished lofts including one with a balcony that features views of the entire valley to the ocean.
Off the great room you and your guests can enjoy a covered lanai with built in bench seating that overlooks the rver below. You own the entire road from the highway to y our back property line but it is maintained by the county because the water station is also on your property. Power, water and utilities are available not at your house but also anywhere along the road. Your easement grants have allowed others to build below the main road, but you own all the property above the main road to the ridge. This land has at least five other suitable house sites should you wish to develop one or more them in the future, subject to all county permitting and buyers should conduct their own due diligence on the county process prior to initiating any such projects. Owning the upper right side of the valley from the road to the ridge means no one can ever obstruct your views of the valley, the ocean or both from these sites. Two of the potential homesites are located near the spot where your front property line angles toward the top of the ridge. The lower one has a charming old Banyan tree in what would be your back yard. The upper one has a sweeping panorama of the entire valley and ocean in a location that no one could ever obstruct. The other three potential home sites are deep in the valley above the existing home, the water station and above the mango grove. There is also an existing pavilion in this area that is a great place to picnic, barbeque or entertain larger gatherings of friends away from the main home. This is a unique property that must be seen and walked to fully appreciate why you cannot find anything comparable on the market. Post and Pier under home been Paved with concrete floor, 450 sg ft work shop.
Presented by Robin Bartholomew at
Kokua Realty LLC.
Property MLS #399988 from Maui
Primary Bedroom On Main Level: Yes
Full Bathrooms: 3
Book Shelves
Ceiling Fan(s)
Dishwasher
Disposal
Dryer
Drapes
Microwave
Range
Refrigerator
Smoke/Heat Detector
TV Cable
Washing Machine
Interior Amenities: Dining Area, Dining Room, Eat-In Kitchen/Nook, Storage Room
Flooring: Wood
Topography: Gentle Slope
Lot Size Square Feet: 528034
Source Listing Status: ACTIVE
Source Property Type: Residential
Area: Wailuku
Source Neighborhood: Waihee Valley
Property Subtype: Single Family
Source System Name: C2C
$2,499,000
Maui
Price Changed 2024-04-24
$2,700,000
Maui
Price Changed 2024-01-18
$2,800,000
Maui
Listed 2023-10-12
$2,999,000
Maui
Listing removed 2017-09-14
$1,599,000
Maui
Listed 2016-09-14
$1,599,000
Maui
Listing removed 2013-01-12
$1,200,000
Maui
Listing removed 2013-01-12
$1,200,000
Maui
Price Changed 2012-06-18
$1,200,000
Maui
Price Changed 2012-06-18
$1,200,000
Maui
Listed 2012-01-12
$1,395,000
Maui
Listed 2012-01-12
$1,395,000
Maui
Building Exterior Type: Wood
Construction Materials: Wood Frame
Foundation Details: Post and Pier
Property Age: 16
Roof: Asphalt/Comp Shingle
House Style: 2 Story
County Water
County Water Meter Ins
Overhead Electricity
Water Source: County Water
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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.