174 Kulalani Dr, Kula, HI 96790 listing details

NOW PRICED TO SELL AT $1.2 MILLION. This is $195,000 off the original listing price. ASK ABOUT POSSIBLE SELLER FINANCING! 180 DEGREE VIEWS TO THE HORIZON! There is no better Kula view than this. As you pass between two historic wooden water cisterns which stand as sentries guarding the gated driveway to the main home, you will be treated to majestic sweeping unblockable down country bi-coastal views which will leave you awestruck. This 4.716 acre parcel at 3,700 foot elevation features two homes with separate driveways and addresses off Kekaulike Ave. OWNER IS IN FAVORABLE POSITION FOR A SECOND WATER METER. NEW METERS ARE NOW BEING ISSUED IN KULA! Acreage facilitates further subdivision into 2 separate parcels and two more dwellings. Mature trees and wide separation means you and your tenant have total privacy from one another. Besides the incomparable unspoiled natural views, you will enjoy the peaceful serenity and fresh upcountry air from this well maintained property. THIS PROPERTY HAS NEVER BEEN ON THE MARKET BEFORE. THE OWNER IS ORIGINAL OWNER OF THE TWO HOMES ON THE PROPERTY. The main home is built of Canadian Cedar and Redwood. It is a sturdy home in very good condition. There are 3 bedrooms and 2 baths upstairs, plus a half bath on the ground floor. The lower 3.5 acre portion of the property is presently used as horse pasture and previously used as a Christmas tree farm. There is a Farm plan in place which means that the land is assessed at a very low value and tax rate. The ohana is tenant occupied on a month-to-month lease.