51 Kahili Pl, Lahaina, HI 96761

Property Description

51 Kahili Place, Lahaina

An opportunity to Rebuild in Lahaina's Shark Pit neighborhood

Offered at $800,000 | 8,314 sq. ft. | Corner Lot | R-2 Zoning

Lahaina has always been more than a place on a map. It's a community with deep roots, a rich history, and a character that generations of residents have helped create.

The August 2023 wildfire changed the landscape, but it didn't erase what makes Lahaina special. As rebuilding continues, every new home becomes part of the community's next chapter.

Located in the desirable Shark Pit neighborhood, 51 Kahili Place offers an opportunity to be part of that future. This larger-than-typical corner lot features an existing swimming pool shell and R-2 residential zoning, providing several advantages worth considering when planning a new home.

Offered at $800,000, it is the lowest-priced vacant land listing in our current market comparison of Lahaina properties on the makai side of the highway.

1. Shark Pit — A Special Part of Lahaina

For those familiar with Lahaina, Shark Pit is a neighborhood that needs little introduction.

It's an established residential neighborhood with its own identity and character, shaped by the people who have called it home over the years.

51 Kahili Place sits on a corner parcel within this neighborhood, offering an opportunity to create a new home in a place with an established sense of community.

As Lahaina rebuilds, the opportunity is not simply to construct something new, but to do so with an appreciation for the neighborhood's history, character, and future.

2. A Larger Corner Lot

At approximately 8,314 square feet, 51 Kahili Place offers more land than many of the residential lots that have recently sold in Lahaina.

In fact, the median lot size of the nine vacant land properties in our recent sales comparison was approximately 7,667 square feet.

That makes 51 Kahili Place approximately 8% larger than the median of those properties.

The corner location is another advantage, providing possibilities for home design, property access, landscaping, and outdoor living, subject to applicable development requirements.

For buyers considering rebuilding in Lahaina, the size and configuration of a parcel can be important considerations.

3. An Existing Swimming Pool Shell — A Potentially Valuable Advantage

Before the August 2023 wildfire, 51 Kahili Place included a concrete in-ground swimming pool.

The shell of that swimming pool remains on the property.

Why is that important?

With restrictions on new swimming pool construction in Lahaina's wildfire recovery area, the opportunity to reconstruct a previously permitted pool may offer a meaningful advantage over properties without an existing pool.

County property records reflect a swimming pool permit issued in December 2013.

The condition of the existing pool shell and its eligibility for reconstruction will need to be evaluated and confirmed with Maui County.

For a buyer envisioning a home with outdoor entertaining and poolside living, this is a feature worth investigating.

4. R-2 Residential Zoning

51 Kahili Place is reported to have R-2 residential zoning.

Zoning is an important consideration when purchasing land, particularly for buyers interested in understanding what may be possible beyond a conventional single-family home.

Depending on County regulations, lot characteristics, infrastructure, and rebuilding requirements, R-2 zoning may offer development flexibility worth exploring.

Buyers should confirm the property's zoning designation and permissible uses directly with Maui County before making development plans.

5. A Compelling Price in Today's Lahaina Land Market

Offered at $800,000.

Our current market comparison shows 51 Kahili Place entering the market below the asking prices of other available vacant land parcels on the makai side of the highway in Lahaina.

Recent comparable vacant land sales have ranged from approximately $612,000 to $750,000, with a median selling price of $700,000.

But not all vacant lots offer the same characteristics.

The Shark Pit neighborhood, larger corner parcel, existing swimming pool shell, and R-2 zoning are distinguishing features that buyers should consider when comparing available properties.

For those considering building a home in Lahaina, 51 Kahili Place deserves a closer look.

Property at a Glance

• Address: 51 Kahili Place, Lahaina, Hawaii 96761
• Asking Price: $800,000
• Neighborhood: Shark Pit
• Lot Size: Approximately 8,314 square feet
• Lot Configuration: Corner parcel
• Zoning: Reported R-2 Residential
• Ownership: Fee Simple
• Existing Improvement: Concrete swimming pool shell
• TMK: (2) 4-6-005-042

6. Rebuilding Lahaina, Honoring Its Past, and Protecting Its Future

The August 2023 wildfire changed Lahaina forever, but it did not change what makes this community special. As Lahaina rebuilds, preserving its history, character, and sense of community matters more than ever.

51 Kahili Place offers an opportunity to be part of that recovery.

Whether you're rebuilding your roots in Lahaina or beginning a new chapter here, this is an opportunity to create a home while respecting the community and the people who have made Lahaina such a special place for generations.

Interested in 51 Kahili Place?

At Aloha Group Maui, we follow Lahaina's real estate market and rebuilding process closely.

We understand that purchasing property in Lahaina today involves more than simply evaluating the asking price. Buyers need reliable information about comparable sales, permitting, zoning, infrastructure, and the rebuilding process.

We're here to help you evaluate the opportunity and make an informed decision.

Contact Becky Sparling or Lee Potts at Aloha Group Maui to:

• Request additional property information
• Review comparable Lahaina land sales
• Discuss important rebuilding considerations
• Arrange a visit to 51 Kahili Place

Aloha Group Maui with Lahaina Lee

Helping you make informed Maui real estate decisions.

________________________________________________________________________________________________

Important Property Information: 51 Kahili Place was affected by the August 2023 Lahaina wildfire. Buyers should independently verify all property information, zoning, development rights, site conditions, utilities, pool reconstruction eligibility, permits, and applicable County rebuilding requirements. Information is deemed reliable but is not guaranteed.