NOT LISTED FOR SALE

1 Bay Dr Unit 1301 Lahaina, HI 96761

Estimated Value: $14,086,088

4 Beds
4.5 Baths
914,760 Sq Ft
-- Built

Sale Details

Date Sold: December 15, 2021

Last sale price $13,295,000 $15 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $88,227 / mo

Highlights

  • Beach Front
  • In Ground Pool
  • Central Air
  • Ocean View
  • 21 Acre Lot

About This Home

As of December 2021

Welcome home to oceanfront resort living at its finest. This spectacular 4-bedroom, 4.5 Bathroom luxury residence offers a prime front row location and unobstructed views of Maui's world famous sunsets all year round. Residence 1301 at Montage Kapalua Bay is one of the finest Residences in the resort and offers over 4,000 sf of interior living space including 4 spacious bedrooms, a private office, separate dining room and an expansive great room that connects seamlessly with a private outdoor lanai complete with outdoor kitchen and ample room for outdoor dining. This original owner home is perfect for entertaining and ideal for gathering with friends and family on a 5-star resort property.

Last Agent to Sell the Property

Jennifer Edwards

Coldwell Banker Island Prop(S) License #RB-23247 Listed on: 11/08/2021

Coldwell Banker Island Prop(S)

Co-Listed By

Eric Littlejohn

Compass License #RB-22409

Compass

Last Buyer's Agent

Eric Littlejohn

Compass License #RB-22409

Compass

Property Details

Home Type

  • Condominium

Home Design

  • Entry on the 3rd floor

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4.5 Bathrooms

Additional Features

  • Ocean Views
  • In Ground Pool
  • Beach Front
  • Central Air

Community Details

  • Residences On Kapalua Bay Community

Listing and Financial Details

  • Short Term Rentals Allowed

Property Details

Home Type

Condominium

Listing Details

  • Class: Condominium
  • District: Kapalua
  • Type: Condo
  • View: Ocean
  • Unit: 1301
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Bathrooms: 4.5
  • Bedrooms: 4
  • Living Area Sq Ft: 4055
  • Price Per Sq Ft: 3278.67
  • Floor Level: 3

Exterior Features

  • Pool: Yes
  • Waterfront: Beachfront
  • Pool Type: In-Ground
  • Waterfront Unit: Yes

Utilities

  • Central Air Conditioning: y

Condo/Co-op/Association

  • Complex Name: Residences On Kapalua Bay
  • Monthly Maintenance Fee: 6617.76

Lot Info

  • Land Acres: 21
  • Land Sq Ft: 914760

Rental Info

  • Short Term Rental Allowed: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2021
Closed on
Dec 10, 2021
Sold by
R D Olson Investments Ii Llc
Bought by
Ceme5060 Llc
Seller's Agent
Jennifer Edwards
Coldwell Banker Island Prop(S)
Buyer's Agent
Eric Littlejohn
Compass
List Price
$13,295,000
Sold Price
$13,295,000
Current Estimated Value
$14,086,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$791,088
Avg. Annual Appreciation
1.53%

Purchase Details

Listed on
May 7, 2016
Closed on
Aug 30, 2016
Sold by
Island Acquisitions Kapalua Llc
Bought by
R D Olson Investments Ii Llc
Seller's Agent
Lisa Hatem
Hawaii Life (PR)
Buyer's Agent
General Public
General Public
List Price
$8,650,000
Sold Price
$8,650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.50%
Original Mortgage
$6,055,000
Interest Rate
3.48%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 7, 2013
Sold by
Vanburen George W
Bought by
Island Acquisitions Kapalua Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ceme5060 Llc -- Fnt
R D Olson Investments Ii Llc -- Tg
R D Olson Investments Ii Llc -- Tg
Island Acquisitions Kapalua Llc $58,066,840 Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner R D Olson Investments Ii Llc $6,055,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/15/2021 12/15/21 Sold $13,295,000 0.0% $15 / Sq Ft
11/08/2021 11/08/21 Pending -- -- --
11/08/2021 11/08/21 For Sale $13,295,000 +53.7% $15 / Sq Ft
09/07/2016 09/07/16 Sold $8,650,000 0.0% $9 / Sq Ft View Prior Sale
05/10/2016 05/10/16 Pending -- -- --
05/07/2016 05/07/16 For Sale $8,650,000 -- $9 / Sq Ft
Source: Maui MLS (REALTORS® Association of Maui)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $156,373 $11,689,000 $1,128,300 $10,560,700
2024 $156,373 $10,791,500 $1,128,300 $9,663,200
2023 $124,157 $10,477,400 $1,128,300 $9,349,100
2022 $94,364 $7,963,200 $567,800 $7,395,400
2021 $96,686 $8,642,200 $516,200 $8,126,000
2020 $96,756 $8,732,500 $516,200 $8,216,300
2019 $84,710 $7,880,000 $469,300 $7,410,700
2018 $54,799 $8,684,500 $426,600 $8,257,900
2017 $48,871 $0 $0 $0
2016 $4,857 $8,094,900 $332,800 $7,762,100
2015 $18,669 $3,960,300 $332,800 $3,627,500
2014 $18,669 $4,098,600 $302,100 $3,796,500
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Edwards

    Seller's Agent in 2021

    Jennifer Edwards

    Coldwell Banker Island Prop(S)

    (808) 283-3436

    41 in this area

    46 Total Sales

    Jennifer Edwards
    Section Image
  • Eric Littlejohn

    Seller Co-Listing Agent in 2021

    Eric Littlejohn

    Compass

    (817) 675-7790

    35 in this area

    39 Total Sales

    Eric Littlejohn
    Section Image

  • L

    Seller's Agent in 2016

    Lisa Hatem

    Hawaii Life (PR)

  • G

    Buyer's Agent in 2016

    General Public

    General Public

See All Agents

Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 393614

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-2-004-028-0009

Hawaii Maui County Lahaina 96761

1 Bay Dr Unit 1301, Lahaina, HI

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