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Bank Owned Homes on Maui
We’ve got several bank owned properties for sale that would be a great fit for someone looking to take on a rehab project.
The first property at 83 Alehela sits on a large 9800 square foot lot. This is a great opportunity to fix up the main house and build a separate ohana. The home needs some serious attention. Current asking price is $241,200. Don’t forget to bring your electrician and plumber. Here’s more about 83 Alehela.
The next property is 29 Waikalani in Kihei. In it’s current shape, conventional financing doesn’t seem to be an option. The property needs extensive remodel in one of its three bathrooms. Asking price is $350,000. Here’s more about the home at 29 Waikalani in Kihei.
The last project worth mentioning is 3248 Akala in Maui Meadows (Kihei). This is a neat project for the right person. This property offers over a half acre, a detached ohana and the main residence which has been converted into multiple rentals. The conversion doesn’t appear to be conforming. This property definitely needs some work, but has great potential. Did I mention the home is less than a 3 minute drive to Wailea? Here’s more about 3248 Akala Drive in Maui Meadows.
If you’re interested in any of these bank owned homes on Maui or others, give us a call at (808)572-0866. We’d be glad to help you find the right opportunity.
Mahalo,
The Smith Team