7 months on rocket

2505 Kula Hwy, Kula, HI, 96790

$3,490,000

4 Bedrooms
2 Baths
1,616 SqFt
$2,160/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingCarport
Year Built1988
WaterfrontNone
ViewMountain/Ocean
MLS #401865
Lot Size8.05 Acres
StatusActive
(ACTIVE)

About 2505 Kula Hwy

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. Rural zoning with 3/4 inch water meter creates potential!! 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

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,490,000
  • Price Per SqFt: $2,160/SqFt

Tax Information:

  • Annual Amount: $7,064
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Kula, HI.

Med. Sold Price

$2.3M

Med. Price/SqFt

$1,401

# of Sold Homes

16

2505 Kula Hwy vs Kula

219 DAYS ON ROCKET

$3,490,000

+$1.1M More

$2,160/SqFt

+$758 More

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price and $758/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: 11/22/2024, 9:20:52 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

Jul 15, 2019Home Sold
$2,000,000
Aug 08, 2012Home Sold
$1,100,000

Tax History

YEARPROP. TAXASSESSMENT
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

$17.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$10.5K

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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.

Nearby Schools

school-card-donut-732085
4
/10
  • Kula Elementary School

  • 5000 Kula Hwy

  • 2.21 miles

  • Public District Grades PK-5

school-card-donut-732086
8
/10
  • Pukalani Elementary School

  • 2945 Iolani St

  • 3.48 miles

  • Public District Grades PK-5

school-card-donut-732087
4
/10
  • Makawao Elementary School

  • 3542 Baldwin Ave

  • 4.48 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $76,769. The most common annual income of people living in Kula, HI is between $35k-100k. Typical family type is married, no kids. The most common level of education of people living 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 $3,490,000.

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 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.
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Rocket HomesHawaiiMaui CountyKula967902505 Kula Hwy

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 $3,490,000.

In October 2024, from all listings sold in Kula, HI there were more than 2 sold above asking price, over 9 sold below and more than 5 were sold right at the asked price. The number of homes for sale in Kula, HI increased by 16.8% between September 2024 and October 2024.

From Rocket Homes Real Estate and based on county public records data.

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