Meli King RS-65519
RE/MAX Resort Realty
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Price: $2,300,000 Fee Simple
MLS: 380300
Type: SF w/Det Ohana or Cottage
Status: ACTIVE
List Date: October 19, 2018 (DOM:2)


ONLINE AUCTION: This property has been placed in an upcoming online Hawaii Home Auction. Hawaii Home Auction begins 10/26/18 and concludes on 11/08/18. Contact a real estate agent for Hawaii Home Auction information and bidding instructions. Offers are to be submitted through Auction website. Sale of property at public online Hawaii Home Auction to the highest bid accepted by seller and is expected to be higher than this starting price. 2018 Assessed at $2,674,600 2016 Appraisal at $3,450,000 Once in a lifetime opportunity to own one of Maui’s most exclusive residences. This very peaceful and private property, lush tropical arboretum setting and manicured acres at the end of a quiet cul de sac, only minutes from stunning beaches, popular beach towns dining and entertainment. Estate offers a spacious and opulent villa, beautiful cottage, and large contemporary apartment connected by large covered exterior breezeway. Property boasts a personal fitness room, movie theater, outdoor kitchen, treehouse gazebo and a massive terraced deck with saline pool and water slide. breezeway. Featured in Hawaii Home and Remodeling Magazine, richly appointed, gated compound with authentic natural serenity of Maui's North Shore with the highest quality amenities. Hale Haiku Estate and Gardens, a beautiful gated estate situated on over 2 acres, custom remodeled with no expense spared, finest in luxury, privacy and refinement with mature landscaping and exotic fruit trees, the grounds of this prestigious property are reminiscent of an arboretum with mature fruit trees, towering pines, exotic flowers and many varieties of specimen plants collected over 20 years. Customizations include a Red Dragon Onyx light up bar, Mother of Pearl inlaid walls, Koa floors, Capiz shell wall tiles from the Philippines, Gold Lip mother of pearl from Asia, Red Dragon Onyx from Africa, Autumn Gold Quartzite from the Rockies, Mango wood countertops, African Mahagoney and so much more. This eco-smart property has a large photovoltaic solar energy system, solar hot water heating, custom private gate, indoor/outdoor sound system, multi camera security LED lighting and 4 ton central air. Elements of this Estate have been featured as architectural spotlights in major design publications, including Hawaii Home and Remodeling magazine. This is a rare opportunity for a buyer to potentially live cost free in luxury, to cover their mortgage payments, and also enjoy positive cash flow from the rents while living in one of the units. Alternatively, this property could possibly generate substantial cash flow from monthly rents for an investor seeking an income producing property with the potential for substantial upside given the deeply discounted offering price. Temporary access limited to county road washout, county states estimated duration of construction is approximately 6-8 months. Make your auction offer today, before it's gone.
District: Haiku
Address: 372 Puu Way
Bed(s): 5
Bath(s): 3.50
Living Area: 4,010 SF
Land Area: 2.09 Acres
Cars - Carport: 2
Cars - Garage: 1
View: Garden View
Pool: Yes
Photo-Voltaic Installed: Yes
Photo-Voltaic Status: Leased
Ohana Bed: 3
Ohana Bath: 3.50
Ohana Living Area: 2,682 SF
Ohana Photo-Voltaic Installed: Yes
Ohana Photo-Voltaic Status: Leased
This property is listed by Hawaii Real Estate Team
Meli King RS-65519 may represent you as Buyer's Representative.

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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.
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Meli King RS-65519
Email: MeliKing@Ymail.com