WIDOW IN EMOTIONAL DISTRESS. The property is just too overwhelming for her all by herself and wants to simplify her life. This property is PRICED TO SELL FAST and you will need a good imagination to see the hidden beauty of this gorgeous country home less than10 minutes to Makawao Town. Fix and quick flip or just an incredible investment. You see, the owner owns a thrift shop in Makawao Town which was closed for 8 months while her commercial building retail shop was being 100% renovated. During that time she continued to stock inventory in her home on both levels in every nook and crannie. She and her late husband developed both houses on the property and planted all 1.95 lush tropical acres with many many soaring Royal Palm trees (around 20+), 8 lychee, 3 mango, 5 avocado, 2 lemon, 1 lime, 2 starfruit, 2 egg custer, bananas, coconut palms and much more. This is upper Haiku and out of the heavy rain belt. There are ocean views, Haleakala views and some west Maui mountain views. Spectacular sun rises and the glow from the sunsets over the west maui mountains. If there was ever the perfect country house with lots of additional income THIS IS IT!!!! Original owner since 1995. The tax records are a little misleading. Let me explain. That which is the main house (in the tax records) with 1,346 SF is now a single level duplex rental with two 2 bedroom 1 bath apartments which could rent for $2,200 each. There are soaring high cathedral beamed ceilings like the main house. One apartment is rented for $1,800 per month and the other for $1600 so the total income from the duplex is $3400 and could be $4400 a month. The widow is afraid to raise their rents and risk losing the tenants. The leases are month to month. One of the kitchens is non-conforming. The architecture is octagon. If you don't want rental income and want to live in the one level 4 bedroom 2 bath 1346 SF house the wall separating the two apartments can be removed and converted back to a single family house. Both houses have solar hot water and photo voltaic systems that are owned and not leased. One very large septic system services both houses. Both apartments split the electric bill as there is only one meter for the duplex. The owner of the property pays for all the water bill which is minimal. There is a fence that separates the two houses and each sits on approximately 42,471 sf of land. That which is the cottage (in the tax records) with 916 SF on the upper level is actually the main house with a lower ground level 5 room 2 bedroom 1 bath apartment with kitchen, dining room and laundry room with `1,550 SF of living area. This apartment could rent for $3,500 per month. The kitchen is non-conforming and needs an "after the fact permit." At one time she had the downstairs apartment rented for $2800 per month. Right now it's filled with furniture in every room and does not show well. The upstairs level has dramatic 30' high vaulted skylit paneled beamed ceilings, real wood floors, real cherry wood cabinets, mosaic inlaid tiles in the wood floor. French doors, big windows and tons of bright sunshine that flows into the house. 699 SF of wrap around deck (needs some work) with beautiful ocean and mountain views. One of the two bedrooms has a loft. The upstairs could rent for $3000 per month. If you can see through the temporary clutter and visualize the house completely vacant you got the pot of gold at the end of the Haiku rainbow. This is a once in a lifetime opportunity at this price. If you just want a rental property that could generate up to $11,000 per month THIS IS IT!! The house basically needs to be emptied out (the owner is slowly doing that), deep cleaned (my cleaners are doing that) some minor repairs and this baby is the upcountry sleeper of the year. In my opinion the one car garage is an eyesore and should be torn down as it detracts from the exterior architecture of the house. Visualize the dark brown house as a pale yellow with white tri

Listing Status:

Active

Date Added:

October 3, 2024 — 1 day ago

Listing Office:

eXp Realty, Bruce R Travis (808-280-1333)

Office Phone:

808-725-2794

MLS ID:

403626

Features & Amenities

This listing courtesy of:
eXp Realty, Bruce R Travis

About Haiku, HI

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

Similar Homes

Show more

• 

  $2,350,000

  Favorite This Property

  • 4 beds |
  • 2 baths |
  • 2,101 sqft

  16 Kapii Pl Haiku, HI 96708

  Listing by Josh Jerman Hawaii Life (W)

  #403461
• 

  $1,885,000

  Favorite This Property

  • 5 beds |
  • 3 baths |
  • 2,475 sqft

  2597 Kaupakalua Rd Haiku, HI 96708

  Listing by Alexander R Iskenderian Berkshire Hathaway Maui Prop-L

  #402824

Show more