NOT LISTED FOR SALE

1 Ritz Carlton Dr Unit 1512 Lahaina, HI 96761

Kapalua Neighborhood

Estimated Value: $1,256,377 - $1,560,000

1 Bed
1 Bath
93,654 Sq Ft
2.15 Acres

Last Sold June 14, 2021

Last sale price $945,000 $10 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $8,874/month

168 Days on Market

Highlights

  • Beach Front
  • Sauna
  • Clubhouse
  • In Ground Pool
  • 2.15 Acre Lot
  • Wood Flooring

About This Home

As of June 2021

Currently the only one bedroom on the market! Here is a wonderful opportunity to own a spacious 1 bedroom, 1 bath Residential Suite condominium in the world class Kapalua Resort Ritz Carlton Hotel! Located on the fifth floor, this location offers stunning views of the pool, plus some ocean views. Relax and enjoy your private and separate bedroom and living room lanais. Kitchen appliances including Wolf cooktop, convection/microwave oven, Subzero refrigerator/freezer/wine refrigerator, and Bosch dishwasher. Featuring dark wood floors, travertine marble bathrooms, flat-screen LCD televisions, the furnishings and accessories are contemporary and casually elegant . Amenities associated with ownership at the Ritz Hotel are numerous: The Ritz Spa features treatment rooms with private garden showers, volcanic stone grottos, steam rooms, saunas and movement studio with spectacular ocean views. The Jean-Michel Cousteau Ambassadors of the Environment program offers a variety of outdoor activities with trained naturalists. The Hotel also features several restaurants, meeting spaces, a children's pool and luxury cabanas. The Resort is located on 54 acres in the midst of the 23,000 acre Kapalua Resort, featuring The Montage Kapalua Bay Hotel and Spa, two championship golf courses, over 80 miles of hiking and walking paths, zip lines and challenge courses, Kapalua Golf Academy, Tennis Center, award winning restaurants, 12 residential communities. Enjoy outstanding natural beauty, luxury resort services and Hawaiian aloha spirit!

Last Agent to Sell the Property

Sunny Vermaas

Compass-W License #RB-16935 Listed on: 11/03/2020

Co-Listed By

Diane Bercik

Compass-W License #RB-23175

Last Buyer's Agent

Betty Sakamoto

Coldwell Banker Island Prop-KP License #RB-12644

Coldwell Banker Island Prop-KP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,167

Year Built

  • Built in 1992

Lot Details

  • Beach Front

Parking

  • 1 Car Parking Space

Home Design

  • Tile Roof
  • Stone Siding
  • Concrete Block And Stucco Construction
  • Masonry

Interior Spaces

  • 1-Story Property
  • Furnished
  • Drapes & Rods
  • Blinds
  • Dining Area
  • Sauna
  • Home Gym

Kitchen

  • <<microwave>>
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Outdoor Features

  • In Ground Pool
  • Outdoor Grill

Utilities

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

Listing and Financial Details

  • Short Term Rentals Allowed
  • Assessor Parcel Number 2420040210053

Community Details

Overview

  • High-Rise Condominium
  • The Ritz Carlton Residences Community

Amenities

  • Clubhouse
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,167

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Ada Enhanced Access: 1 Level
  • Class: Condominium
  • District: Kapalua
  • Other Features: Exercise Room, Sauna, Club House, Bar-B-Que
  • Type: Condo
  • Unit: 1512
  • Year Built: 1992
  • Year Renovated: 2016
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Wood, Tile
  • Additional Rooms: Dining Area
  • Bathrooms: 1
  • Bedrooms: 1
  • Included: Blinds, Dishwasher, Disposal, Drapes, Furnished, Inventory, Microwave, Refrigerator, Tv Cable
  • Living Area Sq Ft: 878
  • Price Per Sq Ft: 1076.31
  • Floor Level: 5
  • Passenger Elevator: Three Or More

Exterior Features

  • Construction Data: Concrete, Masonry
  • Design And Structure: High-Rise 4+ Stories
  • Exterior Finish: Stone, Stucco
  • Pool: Yes
  • Roofing: Monier Tile/Tile
  • Waterfront: Beachfront
  • Pool Type: In-Ground

Garage/Parking

  • Uncovered Number Of Cars: 1

Utilities

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

Condo/Co-op/Association

  • Association Fees Frequency: Monthly
  • Association Manager: Ritz Residential Suites
  • Other Monthly Fees: Maintenance Fees
  • Complex Name: The Ritz Carlton Residences
  • Monthly Maintenance Fee: 1918.82

Schools

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

Lot Info

  • County Zoning: H-M Hotel District
  • General Land Class: Hotel And Resort
  • Land Acres: 2.15
  • Land Recorded: Land Court
  • Land Sq Ft: 93654
  • State Zoning: Urban

Rental Info

  • Short Term Rental Allowed: Yes

Tax Info

  • Tax Database Id: 1
  • Assessor Parcel Number: 2420040210053

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2020
Closed on
Jun 9, 2021
Sold by
Walker Richard A and Walker Akiyo
Bought by
Palmer Family Investment Company Llc
Seller's Agent
Sunny Vermaas
Compass-W
Buyer's Agent
Betty Sakamoto
Coldwell Banker Island Prop-KP
List Price
$995,000
Sold Price
$945,000
Premium/Discount to List
-$50,000
-5.03%
Current Estimated Value
$1,408,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$463,189
Avg. Annual Appreciation
8.09%

Purchase Details

Closed on
Apr 11, 2008
Sold by
W2005 Kapalua/Gengate Hotel Realty Llc
Bought by
Walker Richard A and Walker Akiyo
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Palmer Family Investment Company Llc $945,000 Tg
Walker Richard A $1,275,000 First American Title Co Inc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2021 06/14/21 Sold $945,000 -2.1% $10 / Sq Ft
04/20/2021 04/20/21 Pending -- -- --
03/04/2021 03/04/21 Price Changed $965,000 -3.0% $10 / Sq Ft
11/03/2020 11/03/20 For Sale $995,000 -- $11 / 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 $13,167 $1,074,400 $99,100 $975,300
2024 $13,167 $1,049,400 $99,100 $950,300
2023 $12,661 $1,068,400 $99,100 $969,300
2022 $9,427 $795,500 $31,500 $764,000
2021 $9,160 $824,400 $39,900 $784,500
2020 $11,192 $1,010,100 $39,900 $970,200
2019 $10,342 $962,000 $36,600 $925,400
2018 $8,352 $900,000 $33,200 $866,800
2017 $8,982 $0 $0 $0
2016 $5,824 $668,600 $31,700 $636,900
2015 $5,210 $722,500 $31,700 $690,800
Source: Public Records

Agents Affiliated with this Home

  • Sunny Vermaas

    Seller's Agent in 2021

    Sunny Vermaas

    Compass-W

    (808) 283-0141

    11 in this area

    30 Total Sales

    Sunny Vermaas
    Section Image
  • Diane Bercik

    Seller Co-Listing Agent in 2021

    Diane Bercik

    Compass-W

    (808) 281-4711

    11 in this area

    45 Total Sales

    Diane Bercik
    Section Image
  • Betty Sakamoto

    Buyer's Agent in 2021

    Betty Sakamoto

    Coldwell Banker Island Prop-KP

    (808) 669-0070

    32 in this area

    36 Total Sales

    Betty Sakamoto
    Section Image
See All Agents

Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 389175

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-2-004-021-0053

Hawaii Maui County Lahaina 96761 Kapalua

1 Ritz Carlton Dr Unit 1512, Lahaina, HI

This home is located at 1 Ritz Carlton Dr Unit 1512, Lahaina, HI 96761 since 03 November 2020 and is currently estimated at $1,408,189, approximately $15 per square foot. This property was built in 1992. 1 Ritz Carlton Dr Unit 1512 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.

Maui MLS (REALTORS® Association of Maui) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Copyright 2025 – REALTORS® Association of Maui, Inc. All Rights Reserved

Nearby Homes