Maui Blog - Georgie Hunter R(S): Haiku Town Acres - a new subdivision in central Haiku Maui

Haiku Town Acres - a new subdivision in central Haiku Maui

Haiku Town Acres - a new subdivision in central Haiku Maui

This year a new Agricultural Subdivision in Haiku has been selling many of the 40 or so lots of 2 acres or more.  Haiku Town Acres is a development by the people of West Maui Land Company, and it's been in the works for about 10 years.  When you drive up Haiku Road from the Hana Highway, it will be on your right and begins about where the turn off for Kauhikoa Road is, by the water retention pond.  Auwaha Street spans the whole subdivsion, and Hekuawa Street branches off and joins up to Kokomo Road above town.  All the neighborhood will be within walking distance to downtown Haiku - Haiku Marketplace and Aloha Aina Center.

Haiku Town Acres - an AG subdivision in Haiku Maui

Haiku Town Acres - an AG subdivision in Haiku Maui

To date our MLS shows these comps:

  • 26 closed sales ranging in price from $412,250 to $725,000
  • average sold price of $537,115 and median sale price of $492,575
  • the lowest priced lots were a bulk sale to an investor - expect to see them back on the market soon
  • Days on Market ranged from 70 to 231, with an average of 115 and median of 105 days
  • lot sizes are mostly between 2 and 2.6 acres, with one lot of 3.35 acres
  • 18 of the sales were with cash
  • HOA dues are projected to be around $200/month

Haiku Town Acres - private water supply

Haiku Town Acres - private water supply

They're putting in their own private well water supply for residents in this subdivision, and a couple of other real estate developments in Haiku. The utility infrastructure should be completed by the end of this year.  Roadways are completed and look how nice it is now.

 Haiku Town Acres, Haiku Maui - new roads 2018

Haiku Town Acres, Haiku Maui - new roads 2018

You can see that the ground is fairly level and all usable.  A slight rise in elevation gives some of the lots a better view, while those along the edge of Maliko Gulch will have views that won't be blocked by other homes or trees. 

Agricultural zoning allows for 2 dwellings - a main house of any size, and a secondary dwelling up to 1,000 sf.  A farm plan will be a requirement when submitting a building plan for approval.  Other AG buildings are allowed as well.  Do you have questions about that?  Let me help with some suggestions for a farm plan.

Haiku Town Acres - home construction going on now

Haiku Town Acres - home construction going on now

These lots are ready for building, and the developer will be CPR-ing some of the lots and building 6 cottages and 6 larger homes for sale.  Here's one of the spec homes under construction, a cottage under 1,000 sf.

2 of these 2 acre lots are for sale right now here in Haiku Town Acres, starting at $575,000... contact me for more information!

Looking for a home in Haiku Maui? 

Thanks for reading my Maui blog...

Buying or selling real estate on Maui?  That's what I do.  Let me help YOU.

Georgie Hunter R(S) e-Pro, Hawai'i Life Real Estate Brokers
127 Hana Hwy. #G, Paia HI 96779
E-mail or call/text: 808 283-0635

Comment balloon 4 commentsGeorgie Hunter R(S) 58089 • August 29 2018 11:44PM

Comments

One day in the future it will be MAUI TIME for me! (long term plans)

Posted by Pete Xavier, Outstanding Agent Referrals-Nationwide (Investments to Luxury) 3 months ago

Good day 

Thank you for sharing your information with us 

Have a great day.

08/30/2018. 

Posted by Anthony Acosta - ALLATLANTACONDOS.COM, Associate Broker (Harry Norman, REALTORS® ) 3 months ago

Wow a new subdivision, that should bring a great many future buyers... I remember when LA had their first subdivision in 40+ years...Endre

Posted by Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002 (Berkshire Hathaway HomeServices) 3 months ago

Such a beautiful place to live and Haiku Town Acres will certainly be a nice subivision to call home.

Posted by Brian England, MBA, GRI, REALTOR® Real Estate in East Valley AZ (Arizona Focus Realty) 3 months ago

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