Private Property & Listing Strategy Preview
8601 Makena Road
An Extraordinary Opportunity to Envision Something Lasting.
3.862 acres in Makena, Maui, with existing architectural design work and a proposed estate development concept.
A thoughtfully planned private Makena estate, subject to applicable agricultural-use requirements and development approvals.
A rare opportunity to acquire a substantial Makena parcel with existing architectural design work and a credible development pathway. The property is presented as a private listing strategy preview — not as an actively listed, permitted, or construction-ready property.
The historic ocean-view description referenced in prior materials requires independent verification. This parcel is not described as oceanfront.
Weber Design Group proposed concept
Architectural elevation dated July 19, 2022
The proposed concept includes a four-bedroom, five-bathroom single-story farm dwelling, a one-bedroom, one-bathroom agricultural dwelling, garage or carport, swimming pool, driveway, gated entrance and site walls — up to approximately 7,500 square feet of structures, including nonliving areas.
- —Four-bedroom, five-bath single-story farm dwelling
- —One-bedroom, one-bath agricultural dwelling
- —Garage or carport
- —Swimming pool
- —Driveway, gated entrance and site walls
- —Up to ~7,500 sq ft of structures, including nonliving areas
The 7,500 square feet refers to total structures including nonliving areas — not confirmed interior living space. These plans do not establish final permitting or building entitlement.
Conceptual elevation — Weber Design Group, July 19, 2022. Not a permitted construction drawing.
What has already been done?
A structured review of the existing file set — separated by verification status. A study referenced in a proposal is not the same as a study completed and approved.
Documented
Weber Design Group proposed plans
Architectural elevation and concept dated July 19, 2022. Four-bedroom, five-bath farm dwelling plus one-bedroom agricultural dwelling.
SMA application & project description
Special Management Area application filed with the County of Maui, including project narrative and site analysis.
Existing residual land valuation analysis
Residual valuation report modeling low, likely and high finished-estate scenarios with construction cost ranges.
Property & zoning identification
TMK (2) 2-1-004:039 confirmed as Agricultural (AG) zoning, 3.862 acres.
Referenced — Verification Needed
Archaeological studies
Referenced in SMA application. Cultural impact assessment completion status not independently verified.
Environmental assessment work
Environmental review referenced in proposal documents. Full EA report not located in current file set.
Biological assessment
Flora/fauna survey referenced. Survey date and findings require confirmation from source documents.
Civil engineering & drainage work
Site grading and drainage concepts included in architectural plans. No stamped engineering drawings in current file set.
Outstanding
Water & well planning
Private well feasibility discussed in proposal. No working, permitted, tested well exists on site.
Wastewater system design
Septic system concept included in plans. Final wastewater authorization and installation not completed.
Planning & agency correspondence
County correspondence referenced. Final SMA approval and conditions not confirmed in current file set.
Final SMA approval & conditions
SMA use permit status not verified. Conditions of approval, if any, are unknown.
Updated construction plans & permits
Building permits not issued. Stamped construction drawings not in current file set.
Verified electrical service
Utility availability referenced. No verified electrical service agreement or capacity confirmation.
Final infrastructure costs
No written builder estimates or contractor quotations in current file set.
What Could This Makena Property Be Worth?
Selecting a development stage changes the displayed hypothetical land-value range and the assumptions behind it. These are preliminary, speculative scenario ranges for discussion — not values established by comparable sales, formal appraisal, or guaranteed premiums.
Scenario
As-is land with existing studies and reports
Reflects the 2026 CMA as-is estimate and recent recorded sale. No new entitlements or improvements assumed.
Illustrative land value
$1,000,000
to
$1,250,000
Potential Initial Asking-Price Discussion
$1,195,000–$1,295,000
A preliminary potential listing strategy, subject to seller discussions, current MLS data, and verification — not an established market value or agreed asking price.
Market-supported valuation requires updated comparable sales, verified approvals, and real contractor quotations. Stages are alternatives, not cumulative additions — a particular improvement could contribute little or no resale premium.
What would additional improvements cost?
Preliminary published-range assumptions from the supplied valuation report. Actual Makena well costs may be materially higher due to drilling conditions and required system capacity. Improvement costs are not automatic increases to land value.
Purpose: Domestic and agricultural water supply independent of county utility. Required for the proposed dwellings.
Documentation required: Well feasibility report, drilling permit, pump test results, water quality test.
Risk: Makena well costs may be materially higher due to drilling conditions and required system capacity. Aquifer yield is unknown until tested.
The Bigger Picture: From Land to Finished Estate
Modeled outcomes from the supplied residual valuation report using assumed living area and published cost ranges — not bids, appraisals, guaranteed returns, or current market offers. Financing and carrying costs are excluded.
Low
Conservative finished value with higher-end construction cost.
Likely
Mid-range finished value with mid-range construction cost.
High
Premium finished value with efficient construction cost.
Likely case — residual land value
After 5% selling costs and 15% developer profit, the likely case yields an estimated residual land value of approximately negative $787,600. Excluding the developer-profit allowance, the residual is approximately positive $408,650.
Completed-estate resale values are not vacant-land valuations. These are modeled outcomes, not guaranteed returns.
Questions buyers and sellers ask
Hawaii agricultural (AG) zoning permits a farm dwelling, an agricultural dwelling, and accessory structures tied to bona fide agricultural use. The Weber Design Group concept proposes a four-bedroom farm dwelling and a one-bedroom agricultural dwelling within the roughly 7,500 sq ft total envelope. Any final build requires County of Maui SMA and building permit approvals and demonstrated agricultural use.
More Than Land. A Vision Worth Presenting.
A digitally focused real estate team providing thoughtful marketing and professional communication. No marketing campaigns, engineering work, approvals, or paid services are claimed to be underway.
Salt & Light Ohana | Keller Williams Realty Maui
Quinn Olson
REALTOR® | RS-88716
Phone: (808) 563-3791
Email: quinnolson@kw.com
Web: quinnmaui.com
Ryan Olson
REALTOR® | RS-88370
Phone: (808) 500-8392
Let’s discuss this Makena property
Tell us a little about your interest and we’ll be in touch to schedule a private consultation.