The lure of Maui's countryside is strong. Clean air, beautiful views and low density made this area very popular during Maui's Real Estate boom. The demand for parcels led to significant price increases in both homes and land. This put the cost of owning out of reach for many land buyers. As the global real estate market adjusts, we are seeing price adjustments in Maui's Country. These adjustments mean that there are some values out there for savvy buyers. One of those opportunities may be our agriculturally zoned parcel of vacant land in Haiku.
This 1.49 acre parcel is set in a pretty unusual micro climate in Haiku. Haiku's geography consists of gently sloping fields and forests intersected by a series of watersheds coming off the side of Haleakala. Typically these watersheds or gulches have dense almost jungle like foliage. This listing is located at the side of a gulch in one of the drier locations of Haiku. The lot is mostly open and gently sloping grassland with a handful of palms and old mango trees.The gulch in general is drier than almost all other Haiku gulches. Connections to the island's water infrastructure prevents waterflow in all but the heaviest rains. The gently sloped lot has plenty of building sites. Electric is available to the site and it is serviced by a new well that will also provide water to an adjoining parcel.
This quiet secluded locale is close to town, but feels much father away. You are five minutes or less to Haiku school and Haiku Town Center. Ho'okipa beach park is less than ten minutes away and the shops of Paia aren't much further. Up until know, it has been hard to find lots with water for less than $400,000 on Maui. This opportunity is listed at $315,000. It may be purchased with an adjoing 4.2 acre parcel with a fixer cottage for $799,000. Contact us today for additional information or to arrange a showing.
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