$3,495,000
If you're looking for a prime Upcountry location to build your Maui dream home, look no further! This beautiful 10.6=acre Kula property offers a large, prepared building site surrounded by olive trees, with sweeping panoramic bi-coastal and mountain views. Partly fenced with easy vehicle access and a full set of building plans included in the sale, this parcel is ready for your vision. While you plan and build, approximately 70% of the property-including the existing farm dwelling and barn-is leased for the next 7½ years to a local farmer running a highly efficient full-scale organic farm. This generates reliable monthly lease income that automatically increases every two years, delivering excellent cash flow throughout your development period. Importantly, the building site and access road are fully separate from the leased farm area. Serviced by two 1-inch County water meters and surrounded by large-acreage neighbors, this rare offering combines immediate income potential with outstanding long-term private estate appeal in one of Kula's most desirable areas.
409728
MLS
⋅
Fee Simple
Tenure
2732 Kula Hwy, Kula
Listing courtesy of Coldwell Banker Island Prop(S).