Rare opportunity to acquire and transform one of Kula's favorite iconic properties. The former Enchanted Maui Gardens was a famous visitor destination created by Master botanist Kazuo Takeda of Japan. This 8 plus acres has the potential to be renovated to show off the 100's of plants and trees still thriving on the property. One's imagination is the only limit. Botanical gardens, wedding venue, ample parking, dedicated Turn Lanes on State Highway 37, grease trap improvements, access to residence off of Lower Kula Road. Multiple sites on the property boast Wide open Haleakala views, South Maui, sunset views. Historical uses have been a Gift shop, Healing Center, Destination Weddings, walking tour through the gardens, eateries, Tourist Destination, etc. The Rural zoning allows for multiple dwellings and the property is on the Water Meter List for additional meters. This is a unique opportunity from a Real Estate point of view as well as a long term events. Special Use type of property with visitors looking for exciting destinations on Maui, Maui weddings etc. Showings to begin on April 23, 2024. Home will be shown on 2nd showings with advance notice. Value is in the land, house is a benefit for lending, etc.
Property Details
Property Features
Property Information:
Year Built: 1988
Living Area: 1,616 SqFt
Listing Office:
Office Name: Hawaii Life (MA)
Office Phone: (808) 870-2227
Listing Agent: John B Guard IV RB-18262
Interior Features
Bedroom and Bathroom Information:
Total Bedroom Count: 4
Exterior Features
Exterior Information:
Private Pool: No
Waterfront: None
View: Mountain/Ocean
Parking Information:
Parking: Carport
Lot Features
Lot Information:
Lot Size: 8.05 Acres
School Info
Assigned Schools Information:
King Kekaulike High School, Public District Grades 9-12
Samuel Enoka Kalama Intermediate School, Public District Grades 6-8
Kula Elementary School, Public District Grades PK-5
Price Information
Listing Price Info
Price Summary:
List Price: $3,700,000
Price Per SqFt: $2,290/SqFt
Tax Information:
Annual Amount: $7,064
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
This property is $1.3M more than the Median Sold Price and $885/SqFt more than other homes in Kula, HI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Black Knight 1 - Maui
MLS Number: #401865
Listing Office:
Office Name: Hawaii Life (MA)
Office Phone: (808) 870-2227
Listing Agent: John B Guard IV RB-18262
The data is deemed reliable but is not guaranteed accurate by the MLS. It has been provided by sources other than the Realtors Association 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. IDX information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumersmay be interested in purchasing.
Copyright, 1995-2024, REALTORS® Association of Maui, Inc. All Rights Reserved. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 4/30/2024, 11:25:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jul 15, 2019
Jul 15, 2019Home Sold
$2,000,000
Aug 08, 2012
Aug 08, 2012Home Sold
$1,100,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$7,064
$1,246,900
2020
$2,705
$496,400
2019
$2,927
$474,700
2018
$2,927
$487,900
2017
$2,092
$348,100
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$18.5K
Per Month
Principal & Interest
$18.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$11.1K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
4
/10
Kula Elementary School
5000 Kula Hwy
Distance between this listing and this school2.24 miles
Public District Grades PK-5
Middle School
4
/10
Samuel Enoka Kalama Intermediate School
120 Makani Rd
Distance between this listing and this school3.99 miles
Public District Grades 6-8
High School
4
/10
King Kekaulike High School
121 Kula Hwy
Distance between this listing and this school2.35 miles
Public District Grades 9-12
Assigned Schools
4
/10
Kula Elementary School
5000 Kula Hwy
Distance between this listing and this school2.24 miles
Public District Grades PK-5
Nearby Schools
7
/10
Pukalani Elementary School
2945 Iolani St
Distance between this listing and this school3.49 miles
Public District Grades PK-5
3
/10
Makawao Elementary School
3542 Baldwin Ave
Distance between this listing and this school4.46 miles
Public District Grades PK-5
Assigned Schools
4
/10
Samuel Enoka Kalama Intermediate School
120 Makani Rd
Distance between this listing and this school3.99 miles
Public District Grades 6-8
Nearby Schools
7
/10
Lokelani Intermediate School
1401 Liloa Dr
Distance between this listing and this school8.48 miles
Public District Grades 6-8
5
/10
Maui Waena Intermediate School
795 Onehee Ave
Distance between this listing and this school11.72 miles
Public District Grades 6-8
Assigned Schools
4
/10
King Kekaulike High School
121 Kula Hwy
Distance between this listing and this school2.35 miles
Public District Grades 9-12
Nearby Schools
4
/10
Kihei Public Charter School
300 Ohukai Rd
Distance between this listing and this school8.19 miles
Public Charter Grades KG-12
3
/10
Maui High School
660 Lono Ave
Distance between this listing and this school11.13 miles
The neighbors living near this home have an average income of $76,769. Most Kula, HI residents have annual incomes between $35k-100k. The most common type of family is married, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2505 Kula Hwy
What is the listing price of this property?
The listing price of 2505 Kula Hwy property is $3,700,000.
What type of property is this?
The property 2505 Kula Hwy is a house located in Kula, Hawaii, 96790.
Is this property for sale now?
Active Listing: 2505 Kula Hwy is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 2505 Kula Hwy are: Kula Elementary School: GreatSchools Rating 4/10Samuel Enoka Kalama Intermediate School: GreatSchools Rating 4/10King Kekaulike High School: GreatSchools Rating 4/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $7,064 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on July 15, 2019 for $2,000,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 2505 Kula Hwy has 4 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 2505 Kula Hwy is 1,616 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 2505 Kula Hwy is 1988.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 2505 Kula Hwy in Kula, HI and zip code 96790 in the Upcountry neighborhood. This 1,616 square foot home, which was built in 1988, sits on a 8.05 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 17, 2024 and is currently priced at $3,700,000.
In March 2024, from all listings sold in Kula, HI there were more than 10 sold above asking price, over 17 sold below and more than 6 were sold right at the asked price. The number of listings in Kula, HI increased by 1.8% between February 2024 and March 2024.
From Rocket Homes Real Estate and based on county public records data.
Hunting
Hunting
NASCAR
Figure Skating
Dillards
Dick's Sporting Goods
Wal-Mart
Cracker Barrel
Texas Roadhouse
Hardee's
Cadillac
Subaru
Ram
News/Talk/Information
New Country
Classic Country