Looking for a house and detached cottage on 1/2 acre in a nice Upcountry Maui neighborhood?
Look no further than 15 Haele PlaceÂ (MLS# 344127) listed by The Stice Team and just reduced to $560,000.
The main home is 3bd/2ba of about 1,800 sq.ft. has large workshop/storage area under the home and a large open deck for BBQs
The entryway of the home is ceramic tile, there is laminate flooring in the dining area, and the living room has nice high ceilings
Higher quality stainless steel appliances, tiledÂ counter tops, and open access to the dining area makes this a very practical and attractive kitchen.
Below the main house and accessed by its own driveway is a 2bd./1ba. cottage currently renting for $900/month
The cottage also has a nice deck which has been recently painted is a great area to relax or entertain. This cottage is a perfect way to make this home more affordable; most lenders will allow up to 70% of the potential rental income on a legal detached cottage like this to be applied to one’s qualifying income to obtain a loan on the property.
Makawao Uplands is a quaint and well kept subdivision just outside of Makawao Town. There is a loose but not too loose HOA in place that keeps properties to a nice standard. Also worth mentioning is that there is a small community pool and two regulation tennis courts 100 feet from this house.
With fantastic pricing abound, interest rates hovering in the low 4% range, and Maui well being Maui, Paul Brewbaker the chief economist for Bank of Hawaii recently states why he thinks the time to buy on Maui is now.