Maui Real Estate Blog

1031 of the Week-Sandhills Opportunity

This is a great upside property in the Sandhills area of Wailuku. This old kama’aina estate provides a number of options for prospective buyers. You can restore the property to its original splendor, use it for long term rentals or creative buyers may have other options. There are three structures on the property. There is a main house built sometime in the first half of the twentieth century. It has three beds and one and a half baths. There is a one bedroom one bath cottage built in 1951 and a two story 3 bed/3 bath home built in 1989. The original house and cottage boast great views of the Iao Valley while the new house has great views of Kahului Harbor. The property is zoned R3. Based on this type of zoning, there may be subdivision potential. Buyers should do their own due diligence. This home is listed through Coldwell Banker Island Properties for $1,200,000. This property sold! Contact The Maui Real Estate Team for assistance identifying 1031 properties.

Pete Jalbert

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