Development Land

Napili, District of Ka'anapali, Maui, Hawaii

The property is vacant land consisting of 3 contiguous parcels with a total land area of approximately 10.62 acres (42,969 square meters). The property is located makai (ocean side) of the Honoapi'ilani Highway just south of Kapalua, near Napili and inland from Ka'opala Bay. The property runs parallel to the shore between the Honoapi'ilani Highway and the Honoapi'ilani Road which is near the shoreline. The property has views to the ocean. It is located within the urban district as designated by the state of Hawai'i. The larger parcel, approximately 10 acres, is zoned agriculture by the county of Maui; the two smaller parcels, each approximately a third of an acre area zoned R-3, a residential designation. The Community Development Plan of Maui County, a guiding planning document for zoning and development for the county government, identifies the land for residential development. Change of zoning will have to be obtained to develop residential lots or multifamily residential on the larger parcel. The highest and best use for the property is residential subdivision or multifamily residential development.

Address:
0 Kahana Road - Tax Key No. 2-43-001: 039 (9.999 Acres)

4810 Honoapi'ilai Road - Tax Key No. 2-43-015: 011 (0.32 acres)

4820 Honoapi'ilani Road - Tax Key No. 2-43-015: 010 (0.30 acres)

Land Area: 10.62 acres (42,969 square meters) total of three parcels

Zoning: Agriculture and Residential (R-3)

Tenure: Fee Simple

Tax Assessed Value:
Tax Key No 2/ 4-3-001:039, 9.999 acres:
US $1,749,800

Tax Key No 2/ 4-3-015:010, 0.300 acres:
US $225,900

Tax Key No 2/ 4-3-015:011, 0.320 acres:
US $235,700

Total: US $2,211,400