NOT LISTED FOR SALE

1 Bay Dr Unit 5501 Lahaina, HI 96761

Estimated Value: $5,811,000 - $8,832,000

3 Beds
3.5 Baths
914,760 Sq Ft
2009 Built

Sale Details

Date Sold: August 30, 2019

Last sale price $5,535,000 $6 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $46,313 / mo

1 Day on Market

Highlights

  • Beach Front
  • Heated In Ground Pool
  • Central Air
  • Ocean View
  • 21 Acre Lot
  • 2 Car Garage

About This Home

As of August 2019

Welcome home to Residence 5501. A truly one-of-a-kind opportunity to own a premium top floor Penthouse Residence along the West Maui shoreline, overlooking the white sandy crescent of Kapalua Bay. Residence 5501 enjoys panoramic ocean views framed by the neighboring islands of Molokai and Lanai and is located within the renowned Kapalua Resort, home to two championship golf courses, miles of hiking trails, and an array of ocean activities. Montage Residences Kapalua Bay offers a rare opportunity to fully embrace the Montage lifestyle. The combination of unparalleled location, expansive floor plan, and Montage services make for true hassle-free resort living. Residence 5501 is fully furnished, turnkey, and ready to occupy or put into a rental program!

Last Agent to Sell the Property

Eric Littlejohn

Compass License #RB-22409 Listed on: 05/10/2019

Compass

Co-Listed By

Jennifer Edwards

Coldwell Banker Island Prop(S) License #RB-23247

Coldwell Banker Island Prop(S)

Last Buyer's Agent

Jennifer Edwards

Coldwell Banker Island Prop(S) License #RB-23247

Coldwell Banker Island Prop(S)

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2009

Parking

  • 2 Car Garage

Home Design

  • Entry on the 5th floor

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3.5 Bathrooms

Utilities

  • Central Air
  • Underground Utilities
  • Private Water Source
  • Phone Available
  • Cable TV Available

Additional Features

  • Ocean Views
  • Heated In Ground Pool
  • Beach Front

Community Details

Overview

  • Residences On Kapalua Bay Community

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 2009

Listing Details

  • Class: Condominium
  • District: Kapalua
  • Type: Condo
  • View: Ocean
  • Unit: 5501
  • Unit Configuration: Attached (3 Or More Units In Building)
  • Year Built: 2009
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Bathrooms: 3.5
  • Bedrooms: 3
  • Living Area Sq Ft: 2904
  • Floor Level: 5

Exterior Features

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

Garage/Parking

  • Garage: Yes
  • Garage Number Of Cars: 2

Utilities

  • Central Air Conditioning: Y
  • Utilities To Site: Private Water, Underground Electricity, Telephone, Tv Cable

Condo/Co-op/Association

  • Complex Name: Residences On Kapalua Bay
  • Monthly Maintenance Fee: 4813.93

Lot Info

  • Land Acres: 21
  • Land Sq Ft: 914760

Rental Info

  • Pets Allowed: Yes

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2017
Closed on
Jul 18, 2017
Sold by
Bought by
Seller's Agent
Eric Littlejohn
Compass
Buyer's Agent
Joshua Motto
KBM Hawaii
List Price
$4,500,000
Sold Price
$4,500,000
Current Estimated Value
$7,087,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,587,581
Avg. Annual Appreciation
5.22%

Purchase Details

Closed on
Jun 7, 2013
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Tg
-- Tg
$58,066,840 Or
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/30/2019 08/30/19 Sold $5,535,000 -2.8% $6 / Sq Ft
05/11/2019 05/11/19 Pending -- -- --
05/10/2019 05/10/19 For Sale $5,695,000 +26.6% $6 / Sq Ft
08/01/2017 08/01/17 Sold $4,500,000 0.0% $5 / Sq Ft View Prior Sale
05/01/2017 05/01/17 Pending -- -- --
05/01/2017 05/01/17 For Sale $4,500,000 -- $5 / Sq Ft
Source: Maui MLS (REALTORS® Association of Maui)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $99,043 $5,586,600 $808,100 $4,778,500
2025 $98,111 $6,764,800 $808,100 $5,956,700
2024 $98,111 $6,907,400 $808,100 $6,099,300
2023 $72,702 $6,135,200 $808,100 $5,327,100
2022 $60,362 $5,093,800 $406,700 $4,687,100
2021 $49,294 $4,410,800 $369,700 $4,041,100
2020 $52,117 $4,703,700 $369,700 $4,334,000
2019 $50,694 $4,715,700 $336,100 $4,379,600
2018 $31,807 $5,040,800 $305,500 $4,735,300
2017 $31,115 $0 $0 $0
2016 $213 $3,554,000 $238,300 $3,315,700
2015 $8,083 $2,217,400 $238,300 $1,979,100
2014 $8,083 $1,774,600 $216,400 $1,558,200
Source: Public Records

Agents Affiliated with this Home

  • Eric Littlejohn

    Seller's Agent in 2019

    Eric Littlejohn

    Compass

    (817) 675-7790

    35 Total Sales

    Eric Littlejohn
    Section Image
  • Jennifer Edwards

    Seller Co-Listing Agent in 2019

    Jennifer Edwards

    Coldwell Banker Island Prop(S)

    (808) 283-3436

    42 Total Sales

    Jennifer Edwards
    Section Image

  • M

    Seller Co-Listing Agent in 2017

    Mark Myhedyn

    Powerplay Destination Prop HI

  • J

    Buyer's Agent in 2017

    Joshua Motto

    KBM Hawaii

    (808) 240-3254

    8 Total Sales

    Joshua Motto
    Section Image
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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 382829

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-2-004-028-0134

Hawaii Maui County Lahaina 96761

1 Bay Dr Unit 5501, Lahaina, HI

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