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3135  Lower Kula Rd , Kula/Ulupalakua/Kanaio home - photo 2 of 30
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3135 Lower Kula Rd, Kula, HI, 96790
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3135 Lower Kula Rd, Kula, HI 96790

$4,800,000 Home for sale 2 beds 1 baths 1,236 sqft
5 min drive to Rice Memorial Park
About lifestyles
Also listed as Commercial-For Sale – MLS#400944. Best Mixed use property in Hawaii with an existing Auto Repair shop and multiple business opportunities, multiple commercial rentals, and multiple residential rentals. Unprecedented rent increases and demand in Maui now due to recent events. Located Upcountry in Lower Kula, Maui, Hawaii, USA at 2500 ft elevation which is known to have one of the best climates and weather in the Whole World. Awesome 360 deg bi-coastal views of the Pacific Ocean below, the West Maui Mountains across the Central Valley, and 10,000 ft high Haleakala Crater behind. Kahului Airport is 25 minutes away. This property is located in the midst of a very affluent area with homes in the $2-15 mil range. Neighbor businesses include a gas station, hardware store and plant nursery, bakery, restaurant, and food cart. This area is growing and needs a lot more business and commercial development for the population. Purchase now at an 8% cap rate with a huge upside development potential in the future. County of Maui master planned for further development with the Highest and Best uses of this property would be mixed use condos, hotel, restaurant, medical center, corporate center, Kula Town Center with values upward of $40 mil. The existing buildings here have a huge roof area which would support extensive PV panels and needed electric vehicle charging infrastructure which will be massively government subsidized in the future. Almost a level acre (.93 ac) and it has a 1" and 5/8" water meter. All utilities to property. A full size fire hydrant is directly in front of the property and another full size hydrant is 50 ft away. Currently has 2 cesspools for waste treatment and future requirements for a septic system or onsite waste treatment station is feasible. This unique property can be subdivided and or CPRd. Not currently part of an HOA. Current zoning is Interim with a change to B-CT (business country town) is planned which allows for further commercial development. This property is for a buyer with a lot of vision who wants to maximize their investment potential. Keep everything and usage the same with no changes and you can expect possible earnings of $400-500K/yr. Step up and move to the next levels of development to realize possible earnings 2-3 times this. You won't find anything better than this property anywhere in the Whole World! Steal it for $4.8 mil. This property has almost sextupled in value in the last 25 years. It will probably do this again in the next 25 years. Owner financing at great terms with $1.8 mil cash down. Subject to prior sale and zoning requirements. Buyer to use due diligence. Hurry, this won't last long! “All comments, data is provided by seller or seller's representatives. Buyer to confirm all & hold all parties harmless from any discrepancy data in the mls and advertising. Limited Service–Data Entry Addendum signed by seller/s must be sign by buyer/s with Purchase Contract."
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Home details

1,236 sqft interior area
  • Year Built 1959
  • Original list price $4,800,000
  • Days on market 20
  • Price per sqft $3,883/sqft
  • Baths 1
  • Beds 2
  • Address

    3135 Lower Kula Rd, Kula, HI, 96790

  • Total area 1,236 sqft
  • Interior area 1,236 sqft
  • Land area 40,398 sqft
  • Frontage None
  • City of Maui Kula
  • Region Kula/Ulupalakua/Kanaio
  • Island Maui
  • View Mountain/Ocean

Open Houses

No upcoming open houses

Monthly payment

Calculate your monthly payments
Mortgage
$24,474
Taxes
$6,940
HOA dues
$0
$31,414 per month
Mortgage
Down payment
$960,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount $24,474 / month

Neighborhood:

Nearby & commute
Walkability
Coffee shops
no data
Bus stop
no data
Supermarket
no data
Costco
no data
Hospital
no data
Park
no data
Beach
no data
Elementary school
no data
Middle school
no data
High school
no data
Local airport
no data
4.67 / 20
Car dependent
18-20
15-18
10-15
1-10
Walkability according to the National Walkability Index

Amenities & Features

Utilities
Public

Schools

15 schools with rating up to 8
School rating Distance
NR
Haleakala Waldorf School
4160 Lower Kula Road, Kula, HI 96790
Elementary School
0.739mi
NR
Haleakala Waldorf School
4160 Lower Kula Road, Kula, HI 96790
Middle School
0.739mi
NR
Kamehameha Schools Maui
270 Aapueo Parkway, Makawao, HI 96768
High School
3.296mi
School rating Distance
NR
Haleakala Waldorf School
4160 Lower Kula Road, Kula, HI 96790
0.739mi
4
out of 10
Kula Elementary School
5000 Kula Hwy, Kula, HI 96790
1.062mi
NR
Kamehameha Schools Maui
270 Aapueo Parkway, Makawao, HI 96768
3.296mi
NR
Carden Academy of Maui
55 Makaena Pl, Pukalani, HI 96768
3.551mi
8
out of 10
Pukalani Elementary School
2945 Iolani St, Pukalani, HI 96768
4.026mi
School rating Distance
NR
Haleakala Waldorf School
4160 Lower Kula Road, Kula, HI 96790
0.739mi
NR
Kamehameha Schools Maui
270 Aapueo Parkway, Makawao, HI 96768
3.296mi
NR
Carden Academy of Maui
55 Makaena Pl, Pukalani, HI 96768
3.551mi
NR
Clearview Christian Girl School
Po Box 880678, Pukalani, HI 96788
4.504mi
NR
Seabury Hall School
480 Olinda Road, Makawao, HI 96768
4.606mi
School rating Distance
NR
Kamehameha Schools Maui
270 Aapueo Parkway, Makawao, HI 96768
3.296mi
4
out of 10
King Kekaulike High School
121 Kula Hwy, Pukalani, HI 96768
3.572mi
NR
Seabury Hall School
480 Olinda Road, Makawao, HI 96768
4.606mi
4
out of 10
Kihei Public Charter School
300 Ohukai Rd, Kihei, HI 96753
8.088mi
NR
Kahuahana Christian School
Po Box 532554, Kihei, HI 96753
8.586mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

New Listing Oct 18, 2024
Date Event Price $/sqft Source
Oct 18, 2024 New Listing $4,800,000 +2.13% $3,883.50 MLS #403770
Feb 20, 2024 Withdrawn $4,700,000 $3,802.59 MLS #400945
Feb 13, 2024 For sale $4,700,000 $3,802.59 MLS #400945
Feb 13, 2024 Withdrawn $4,700,000 $3,802.59 MLS #400945
Jan 23, 2024 New Listing $4,700,000 +46.88% $3,802.59 MLS #400945
Mar 10, 2021 For sale $3,200,000 $2,589.00 MLS #386650
Feb 18, 2021 Price Increase $3,200,000 +18.52% $2,589.00 MLS #386650
Feb 17, 2021 Price Decrease $2,700,000 -15.63% $2,184.47 MLS #386650
Feb 17, 2021 Price Increase $3,200,000 +18.52% $2,589.00 MLS #386650
Dec 18, 2020 Price Decrease $2,700,000 -6.9% $2,184.47 MLS #386650
Mar 30, 2020 New Listing $2,900,000 $2,346.28 MLS #386650
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Tax & MLS details 3135 Lower Kula Rd, Kula, HI, 96790

MLS #403770
Current Property Taxes p/month
$6,940
Property Tax Year
2023
TMK
2230530370000
Road Type
County Road
Listed by
Nathalie Mullinix Rlty Universal Inc
MLS #
403770
Hawaii House tour report for this home
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Frequently asked questions for 3135 Lower Kula Rd

What is 3135 Lower Kula Rd?

3135 Lower Kula Rd, Kula, HI, 96790 is a single family home located in the  neighborhood of the Kula/Ulupalakua/Kanaio region in the city of Kula in zipcode 96790. This single family home has 2 bedrooms & 1 bathrooms with an interior area of 1236 sqft, on a 40398 sqft lot.

When was this home built and last sold?

This house was build in 1959.

What is the full address of this home?

3135 Lower Kula Rd, Kula, HI, 96790.

Are there beaches near 3135 Lower Kula Rd?

No, there aren't.

Based on information from the Realtors Assoc. of Maui. Copyright 2024 by REALTORS® Association of Maui, Inc. Listing courtesy of Nathalie Mullinix Rlty Universal Inc. 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.

Listings last updated on October 21, 2024.
Hawaii House Last checked 6 months ago.

3135 Lower Kula Rd, Kula, HI, 96790 is a single family home located in the  neighborhood of the Kula/Ulupalakua/Kanaio region in the city of Kula in zipcode 96790. This single family home has 2 bedrooms & 1 bathrooms with an interior area of 1236 sqft, on a 40398 sqft lot. This house was build in 1959.
*Neighborhood & street median sales price are calculated over sold properties over the last 6 months.

Home for sale $4,800,000 3135 Lower Kula Rd, Kula, HI, 96790 2 beds | 1 baths | 1,236 sqft Save House Remove from Saved