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MLS: 401075
 
Asking Price: $595,000 Fee Simple

District: Wailuku
Street: 1503 Piihana Rd 1503 Piihana Rd Rd
Neighborhood: Happy Valley
Beds: 0   Baths: 0
Land Area: 0.525 Acres
Features: View
Days on Market: 138
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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 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. 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 There is an existing perpetual flood plain easement from 1980 which is obsolete and no longer relevant pursuant to the 2021 Army Corps of Engineers 335 page study deeming the area NOT in any flood zone due to mitigating factors done over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 am 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.


 
This information is believed to be accurate.
It has been provided by sources other than the Realtors Assoc. of Maui
and should not be relied upon without independent verification.
You should conduct your own investigation and consult
with appropriate professionals to determine the accuracy of the information provided
and to answer any questions concerning the property and structures located thereon.
Featured properties may or may not be listed by the office/agent presenting this brochure.
 
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