490 Koheo Rd Lot #A in Kula - $1,300,000

This could be the ultimate gentleman's farm/estate/retreat or just, plain farm it. There are views, views, views of the West Maui mountains and the central island from all over the parcel with access from Koheo/Polipoli Roads. This parcel is currently being farmed. There is a mobile home positioned on the property. This is a condominiumized property and one of only two parcels. Associated documents included in this listing include a complete survey map and the By-Laws of this Agricultural Condominium. This property is allocated for the main house and the adjacent property for the smaller Ohana or cottage on the other parcel. RE: Pictures in MLS - These boundary line indications are approximations and not mathematically correct. Seller would also, entertain a fractional ownership position with any party who would build a residence based on ratio of cost to build paid by Buyer and appraised value of land. A detailed legal agreement would be established and agreed upon by land owner and fractional ownership buyer prior to execution to memorialize the transaction. All profits from residential buildout and rest of property would be distributed based on ratio percentages of each party as described above.

This property is listed by:
Pali Kai Inc.

Listing data provided by:
The Maui Multiple Listing Service