Check Availability
Wailuku 96793
1503 Piihana Rd
$499,900
Land - For Sale

1503 Piihana Rd

Wailuku, HI 96793
bedrooms
Studio
bathrooms
0 Bath
$2,455
Estimated Monthly

About This Property

THIS LOT IS NOT IN A SUBDIVISION. This is country living in town. Some of the surrounding lots are cluttered but if you want a really big lot for way less than what's on the market. Compare to all the other subdivision lots in the 96793 zip code and lot 57 is by far the very best value for sale. Water lateral is in the ground. Water meter is available and just needs to be dropped into the box. Lot 56 is contiguous and has his meter. As of January 15, 2024 this lot qualifies for the Maui County Assistance Pilot program which offers grants up to $100,000 to build an accessory building or 2nd farm dwelling for residents long term occupancy. Bill 38 CD1(2023) follows the Council's enactment of Ordinance 5525. The zoning code allows one accessory dwelling unit(ADU) on all residential lots of at least 7,500 SF. This lot can be CPR'd into several lots. Lot 57 is in the Pi'ihana project District with the FEMA designation of Zone X/no flood. There is an existing perpetual flood plain easement from 1980 which is obsolete and no longer relevant pursuant to the 2021 Army Corps of Engineers 335 page study deeming the area NOT in any flood zone due to mitigating factors done over the past 44 years. I will be doing a topographical survey map for the lot which should indicate which part of the lot is in the flood plain if at all. I have been communicating with Jordan Molina in Public Works to remove this obsolete flood plain easement. All my communications with Public Works will be on Assoc Docs. Only a portion of lot 57 pursuant to the flood plain survey done by Control Point Surveyors in 2011 is in the flood plain and the flood plain document DOES NOT prohibit permanent structures in the obsolete flood plain. Read EXHIBIT A in Assoc Docs to see the permitted uses in the Project District. Re: the BRIDGE requirement for the 600 unit Pi'ihana Project District development.  The funding is in place from the state, federal and county levels plus local developers building in this area. The bridge is imminent and will be built.   Here are some good SOLD comparables all in Wailuku zip code. 0 Kauna Lipo Dr. with 23,849 SF SOLD for $580,000 on 2/3/2023 @$24.32 PSF.  0 Kiha with 24,432 SF sold for $630,000 on 2/28/23 @$25.78 PSF. 531 Kauna Lipo Dr. with 17,960 SF sold for $649,000 on 4/5/2024 @$36.14 PSF.. A Wailuku lot with 2,814 SF just sold on 3/8/2024 for $357,000 @$126.87 PSF. A 7,568 SF lot sold for $350,000 on 2/15/2023 @$46.25 PSF; An 11,330 SF lot sold for $412,500 on 1/27/2023 @36.41 PSF and a 9,278 SF lot sold for $412,500 0n 1/27/22023 @$44.46 PSF.  If you want a gated and manicured subdivision this lot is not for you. You need vision to see what it can be. It's only $21.85 PSF. By county ordinance you can draw water from the IAO Stream for irrigation.
Unit Size
-
Days on Market
40 days
Land Size
0.53 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
-

Listed By

Last updated: 2 months ago (RAMHI #402101)

Price History

Date / Event Date Event Price
May 7, 2024 Listed by eXp Realty, LLC $499,900
Listed by eXp Realty, LLC
Feb 10, 2024 No longer available -
No longer available
Feb 3, 2024 Listed by eXp Realty, LLC $595,000
Listed by eXp Realty, LLC
THIS LOT IS NOT IN A SUBDIVISION. This is country living in town. Compare to all the other subdivision lots in the 96793 zip code and lot 57 is by far the very best value for sale. Water lateral is in the ground. Water meter is available and just needs to be dropped into the box. Lot 56 has his meter. As of January 15, 2024 this lot qualifies for the Maui County Assistance Pilot program which offers grants up to $100,000 to build an accessory building or 2nd farm dwelling for residents…
Oct 8, 2022 No longer available -
No longer available
Sep 6, 2022 Price Decreased $349,900
↓ $50K (12.5%)
Price Decreased
Show More

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 14,244
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Land Acres: 0.327
  • Legal Description 1: TMK 2432-58 (AS GIVEN) PARCEL 10 14,235 SF NO DES SUBJ/ESMT 2

Neighborhood

  • School District Name: Hawaii Department of Education
  • Census Tract: 030903

Geography

  • Parcel: 2-3-4-032-058
  • Municipality: MAUI
  • Latitude: 20.8978
  • Longitude: -156.5

    Address

  • Full Address: 1503 Piihana Rd
  • Address - House Number: 1503
  • Address - Street Name: Piihana
  • Address - Suffix Type: Rd
  • State: HI
  • City Name: Wailuku
  • Carrier Code: C004
  • 4-Digit Zip Code: 1231
  • Zip Code: 96793

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,124
  • Intital Tax Deliquent Year: 2019

    Market Valuation

  • Market Total Value: $363,000
  • Market Land Value: $363,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $363,000
  • Assessed Land Value: $363,000

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Wailuku


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals



Frequently Asked Questions

When was property at 1503 Piihana Road built and last sold?
The property at 1503 Piihana Road was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1503 Piihana Road is $504,899.
What are some comparable homes to 1503 Piihana Road?
There are currently no comparable homes to 1503 Piihana Road.

Nearby Counties
Quantcast