Sold MLS: 379977   Asking Price: $319,900 Fee Simple Sold Price: $285,000 Sold Date: 02/07/2019 District: Wailuku City: Wailuku Street: 0 Piihana Rd S Piihana Rd Neighborhood: Happy Valley Beds: 0   Baths: 0 Land Area: 18,469 SF Features: Mountain/Ocean View Days on Market Until Sold: 136

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At least $75,000 below market for very fast sale. This is the bigget lot for this low price in all Wailuku. Situated between the Millyard, Iao Stream and Piihana road. Recently surveyed. Water meter is paid for and installed .($18,000). Sewer man hole is on the property but needs to be hooked up to the house. 24 foot utility and access easement to the lot. MECO will install a new transformer for these lots. Zoned R-2/Project District which allows a house every 7,500 sf so two houses and a 400 SF ohana is allowed. Do your due diligence. Back in the early 1900's this land was farmed and had homes for the sugar plantation workers. Full ocean and mountain views from the 2nd story if you build. . Clear title and seller will provide title insurance. Seller requires First American Title in Kihei.Proof of funds required. This lot has 18,487 sf. A good portion of the lot is in a FEMA A/E flood zone but this area has NEVER flooded. There is a large berm between the stream and the lot. Plenty of land for the 2 houses and ohana on the upper portion of the property.Consult an engineer. Subdivide into a CPR and sell off the lower portion. The lower portion of the property may require flood insurance if developed. Listor must be present for all showings. THIS IS NOT A SUBDIVISION. Piihana Road is a paved road. These farm lots will NOT have paved streets. The buyer has the responsibility to grade the 20' easement to the lot and to spread and compact gravel. The owner owns all the heavy equipment to do this and the person to do it. NO AOAO, NO maintenance fees, NO architectural restrictions, NO HOA. Do your own thing within the county ordinances. A swimming hole in the Iao stream is just a few steps away.

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