NOT LISTED FOR SALE

1 Bay Dr Unit 2206 Lahaina, HI 96761

Kapalua Neighborhood

Estimated Value: $4,270,815 - $4,780,000

3 Beds
3.5 Baths
914,760 Sq Ft
2009 Built

Last Sold February 21, 2023

Last sale price $3,650,000 $4 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $29,690/month

880 Days on Market

Highlights

  • Beach Front
  • Sauna
  • Clubhouse
  • In Ground Pool
  • 21 Acre Lot
  • Maid or Guest Quarters

About This Home

As of February 2023

Come Home to Montage! Relax amidst the Tranquil Tropical ambiance of this exquisite Grand Residence. 3 substantially large Ensuite Master and Guest Master bedrooms, 3.5 spacious and luxurious baths, plus Den/Office/Guest Room, all moments from the mesmerizing Azure seas of Kapalua Bay. Glimmering white sandy beach and sparkling pools await you, as do Jacuzzis, Tumbling Waterfalls, sensory pools, and amenities all mere moments away. Enjoy the bliss of the roominess and privacy of a home, with over 3000 square feet under roof including the 661 square foot expansive covered lanais. Lovely Designer decor. Offering Granite counters in kitchen and baths, mahogany floors, cabinetry and appointments. Chef's kitchen with gas stove, oven, wine/beverage cooler, and all the counter space the chef in you would enjoy. Elatedly unwind in your Gourmet Summer kitchen with Full Gas Grill, outdoor living and dining area, complete with couches and chaises to seamlessly mesh your Indoor/Outdoor living comfort. Exult in all the luxuries of a World Class, Top Rated Hotel, inclusive of in-room dining, World Re-known Spa Montage. Restaurants and Fine Dining on-site, multiple pools, Jacuzzi, and sugary sandy beaches. Enjoy the shimmering sands of Kapalua Bay, one of the top rated beaches on the planet, with world class snorkeling, swimming, and surfing at your fingertips. World Renown, Top Rated Spa Montage and Top of the Line workout equipment and facilities. Kapalua offers a wide array of beach and hiking trails, Ziplines, World class Golf, Tennis, and privileges only Kapalua has to offer. Well booked vacation rental. Lives and feels like home. Make it your home, or your Home away from Home!!

Last Agent to Sell the Property

Karen Olsen

Keller Williams Realty Maui-Ki License #RS-60692 Listed on: 06/22/2020

Keller Williams Realty Maui-Ki

Last Buyer's Agent

Evan Harlow

Coldwell Banker Island Prop-KP License #RS-82003

Coldwell Banker Island Prop-KP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $54,467

Year Built

  • Built in 2009

Lot Details

Interior Spaces

  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Chandelier
  • Drapes & Rods
  • Blinds
  • Dining Room
  • Den
  • Storage
  • Sauna
  • Garden Views

Kitchen

  • Eat-In Kitchen
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Maid or Guest Quarters
  • 3.5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 2 Car Garage
  • Tandem Parking

Accessible Home Design

  • Roll-in Shower
  • Minimal Steps

Pool

  • In Ground Pool
  • Spa

Schools

  • King Kamehameha Iii Elementary School
  • Lahaina Intermediate
  • Lahainaluna High School

Utilities

  • Central Air
  • Cable TV Available

Additional Features

  • Outdoor Grill
  • Beach Front
  • Flood Zone Lot

Listing and Financial Details

  • Short Term Rentals Allowed
  • Assessor Parcel Number 2420040280031

Community Details

Overview

  • Residences On Kapalua Bay Community
  • Montage Residences Subdivision

Amenities

  • Clubhouse
  • Party Room
  • Elevator

Pet Policy

  • Pets Allowed

Security

  • Security Guard
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$54,467

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Ada Enhanced Access: 1 Level, Roll-In Shower, Minimal Steps, Caregiver Quarters
  • Class: Condominium
  • District: Kapalua
  • Other Features: Sauna, Club House, Bar-B-Que, Security Guard, Party Room, Extra Storage, Spa/Hot Tub
  • Type: Condo
  • View: Garden View
  • Unit: 2206
  • Unit Configuration: Attached (3 Or More Units In Building)
  • Year Built: 2009
  • Year Renovated: 2019
  • Cov Lanai Deck Sq Ft: 661
  • Geo Subdivision: HI
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Stone/Concrete, Carpet, Wood
  • Additional Rooms: Den/Study, Dining Room, Eat-In Kitchen/Nook, Laundry Room
  • Bathrooms: 3.5
  • Bedrooms: 3
  • Included: Blinds, Ceiling Fan(s), Chandelier/Swag Lamp, Dishwasher, Disposal, Dryer, Drapes, Furnished, Inventory, Kitchen Ware, Linens, Microwave, Range, Refrigerator, Smoke/Heat Detector, Tv Cable, Washing MacHine
  • Living Area Sq Ft: 2904
  • Price Per Sq Ft: 1256.89
  • Floor Level: 1
  • Passenger Elevator: Three Or More

Exterior Features

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

Garage/Parking

  • Tandem Parking: Y
  • Garage: Yes
  • Garage Number Of Cars: 2

Utilities

  • Central Air Conditioning: Y
  • Sewer: Sewer County
  • Utilities To Site: County Water

Condo/Co-op/Association

  • Association Fees Frequency: Monthly
  • Other Monthly Fees: Maintenance Fees
  • Complex Name: Residences On Kapalua Bay
  • Monthly Maintenance Fee: 6956.83

Schools

  • Elementary School: King Kamehameha III Elementary
  • Middle School: Lahaina Intermediate
  • High School: Lahainaluna High
  • Elementary School: King Kamehameha III Elementary
  • High School: Lahainaluna High
  • Intermediate School: Lahaina Intermediate

Lot Info

  • Flood Zone: Yes
  • General Land Class: Hotel And Resort
  • Land Acres: 21
  • Land Sq Ft: 914760
  • Geo Address Line: 1 Bay Dr
  • Geo Primary City: Lahaina
  • Geo Quality: 0.95
  • Geo Zoom Level: 16

Rental Info

  • Pets Allowed: Yes
  • Short Term Rental Allowed: Yes

Tax Info

  • Tax Database Id: 1
  • Assessor Parcel Number: 2420040280031

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2020
Closed on
Dec 31, 2022
Sold by
Priestner Michael William and Priestner Patricia May
Bought by
Rasmussen David M and Rasmussen Kimberly F
Seller's Agent
Karen Olsen
Keller Williams Realty Maui-Ki
Buyer's Agent
Evan Harlow
Coldwell Banker Island Prop-KP
List Price
$3,800,000
Sold Price
$3,650,000
Premium/Discount to List
-$150,000
-3.95%
Current Estimated Value
$4,540,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$890,954
Avg. Annual Appreciation
8.76%
Original Mortgage
$2,555,000
Interest Rate
5.73%
Mortgage Type
Balloon

Purchase Details

Listed on
Jun 4, 2018
Closed on
Mar 15, 2019
Sold by
Mau Kapalua Bay Ii Llc
Bought by
Priestner Michael William and Priestner Patricia May
Seller's Agent
Mary Anne Fitch
Coldwell Banker Island Prop-KP
Buyer's Agent
Karen Olsen
Keller Williams Realty Maui-Ki
List Price
$3,000,000
Sold Price
$2,400,000
Premium/Discount to List
-$600,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.29%

Purchase Details

Closed on
Nov 26, 2014
Sold by
Real Property 42 Llc
Bought by
Hi Maui Kapalua Bay Ii Llc
Source: Public Records

Range of Values:

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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
Rasmussen David M -- Fidelity National Title
Priestner Michael William $5,200,000 Fntic
Hi Maui Kapalua Bay Ii Llc $1,214,600 Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rasmussen David M $2,555,000
Previous Owner Nolen Kevin $2,585,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2023 02/21/23 Sold $3,650,000 -3.9% $4 / Sq Ft
11/19/2022 11/19/22 Pending -- -- --
07/07/2022 07/07/22 For Sale $3,800,000 0.0% $4 / Sq Ft
06/25/2022 06/25/22 Pending -- -- --
04/09/2022 04/09/22 For Sale $3,800,000 0.0% $4 / Sq Ft
04/09/2022 04/09/22 Price Changed $3,800,000 +2.0% $4 / Sq Ft
03/12/2022 03/12/22 Pending -- -- --
09/21/2021 09/21/21 Price Changed $3,725,000 +2.8% $4 / Sq Ft
06/20/2021 06/20/21 Price Changed $3,625,000 +4.3% $4 / Sq Ft
06/22/2020 06/22/20 For Sale $3,475,000 +44.8% $4 / Sq Ft
03/22/2019 03/22/19 Sold $2,400,000 -9.4% $3 / Sq Ft
03/02/2019 03/02/19 Pending -- -- --
09/20/2018 09/20/18 Price Changed $2,650,000 -5.4% $3 / Sq Ft
07/12/2018 07/12/18 Price Changed $2,800,000 -6.7% $3 / Sq Ft
07/02/2018 07/02/18 Price Changed $3,000,000 +7.1% $3 / Sq Ft
07/02/2018 07/02/18 Price Changed $2,800,000 -6.7% $3 / Sq Ft
06/04/2018 06/04/18 For Sale $3,000,000 -- $3 / Sq Ft
Source: Maui MLS (REALTORS® Association of Maui)

Tax History Compared to Growth

Source: Public Records

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 $54,467 $3,731,900 $808,100 $2,923,800
2024 $54,467 $3,997,800 $808,100 $3,189,700
2023 $44,274 $3,736,200 $808,100 $2,928,100
2022 $37,277 $3,145,700 $406,700 $2,739,000
2021 $34,140 $3,059,100 $369,700 $2,689,400
2020 $38,500 $3,598,600 $369,700 $3,228,900
2019 $21,246 $3,367,100 $336,100 $3,031,000
2018 $33,071 $3,563,700 $305,500 $3,258,200
2017 $31,387 $0 $0 $0
2016 $29,782 $3,419,300 $238,300 $3,181,000
2015 $12,880 $2,087,100 $238,300 $1,848,800
Source: Public Records

Agents Affiliated with this Home

  • Karen Olsen

    Seller's Agent in 2023

    Karen Olsen

    Keller Williams Realty Maui-Ki

    (808) 875-7000

    10 in this area

    46 Total Sales

    Karen Olsen
    Section Image
  • Evan Harlow

    Buyer's Agent in 2023

    Evan Harlow

    Coldwell Banker Island Prop-KP

    (808) 214-4799

    7 in this area

    69 Total Sales

    Evan Harlow
    Section Image
  • Mary Anne Fitch

    Seller's Agent in 2019

    Mary Anne Fitch

    Coldwell Banker Island Prop-KP

    (808) 250-1583

    45 in this area

    131 Total Sales

    Mary Anne Fitch
    Section Image
  • Eric Littlejohn

    Seller Co-Listing Agent in 2019

    Eric Littlejohn

    Compass

    (817) 675-7790

    46 in this area

    50 Total Sales

    Eric Littlejohn
    Section Image
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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 387459

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-2-004-028-0031

Hawaii Maui County Lahaina 96761 Kapalua

1 Bay Dr Unit 2206, Lahaina, HI

This home is located at 1 Bay Dr Unit 2206, Lahaina, HI 96761 since 22 June 2020 and is currently estimated at $4,540,954, approximately $4 per square foot. This property was built in 2009. 1 Bay Dr Unit 2206 is a home located in Maui County with nearby schools including King Kamehameha III Elementary School, Lāhainā Intermediate School, and ​Lahainaluna High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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