$1,600,000
SOLD MAR 17, 2025

10 Wailea Ekolu Place Unit 404 Kihei, HI 96753

2 Beds
2 Baths
1,071 Sq Ft
$45/mo HOA Fee

Recently Sold

$1,494 Per Sq Ft

4% Below List Price

36 Days on Market

Highlights

  • Ocean View
  • 18.45 Acre Lot
  • Furnished
  • In Ground Pool
  • Lanai
  • Tile Flooring

About This Home

As of March 2025

Experience the pinnacle of island living at Wailea Ekolu #404, a stunning 2-bedroom, 2-bathroom top-floor unit with breathtaking ocean views of Molokini, Lana‘i, and Kaho‘olawe. From your private lanai, marvel at the sight of humpback whales in season and soak in year-round sunsets that will leave you speechless. The unit boasts high vaulted ceilings, creating a spacious and airy ambiance perfect for relaxation or entertaining. Enjoy the open floor plan with views from the kitchen and living areas. This unit is currently used as a vacation rental with a successful rental history. As part of the desirable Wailea Ekolu community, enjoy access to two pools and beautifully maintained grounds. Ideally located, Wailea Ekolu #404 is just a short stroll to Wailea's newest shopping center, offering an array of boutique shops and fine dining. World-class resort golf courses, pristine sandy beaches, and the Wailea Tennis Club are all within close proximity, completing the ultimate Maui lifestyle. Don’t miss your opportunity to own a piece of paradise!

Last Agent to Sell the Property

Bradley MacArthur

Hawaii Life (W) License #RB-17807 Listed on: 12/13/2024

Hawaii Life (W)

Co-Listed By

Tyler MacArthur

Hawaii Life (W) License #RS-82798

Last Buyer's Agent

Bradley MacArthur

Hawaii Life (W) License #RB-17807 Listed on: 12/13/2024

Hawaii Life (W)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $22,417

Year Built

  • Built in 1979

HOA Fees

  • $45 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Double Stud Wall

Interior Spaces

  • 1,071 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Chandelier
  • Blinds
  • Ocean Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • In Ground Pool
  • Lanai
  • Outdoor Grill

Utilities

  • No Heating
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2210080770034

Community Details

Overview

  • Low-Rise Condominium
  • Wailea Ekolu Community
  • Wailea Ekolu Subdivision

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$22,417

Year Built

Built in 1979

Lot Details

0

HOA Fees

$45 per month

Listing Details

  • View: Ocean
  • Year Built: 1979
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • PoolFeatures: In Ground
  • SecurityFeatures: Smoke/Heat Detector
  • Co List Office Mls Id: 9121
  • Co List Office Phone: 800-667-5028
  • Subdivision Name: Wailea Ekolu
  • Carport Y N: No
  • Fireplace: No
  • Garage Yn: No
  • Interior Features: Ceiling Fan(s), Chandelier/Swag Lamp, Furnished, Inventory, Kitchen Ware, Linens, TV Cable
  • LivingArea: 1071
  • Property Attached Yn: Yes
  • Structure Type: Low-Rise 1-3 Stories
  • WindowFeatures: Blinds
  • Tax Year: 2024
  • Master Plan Zoning: A-1
  • Financial Info Electric: Underground
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 2

Exterior Features

  • Acres: 18.45
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Wood, Double Wall, Wood Frame
  • Exterior Features: Barbecue
  • Foundation Details: Concrete Slab
  • Patio And Porch Features: Covered Lanai/Deck

Utilities

  • Sewer: Public Sewer
  • HeatingYN: No
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 268
  • Association Fee Frequency: Semi-Annually

Lot Info

  • Lot Size Sq Ft: 803682
  • ResoLotSizeUnits: Acres
  • Parcel #: 2210080770034
  • Zoning Description: Apartment District
  • ResoLotSizeUnits: Acres

Green Features

Rental Info

  • Pets Allowed: Yes
  • Lease Term: Short Term Lease

Multi Family

  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 22417.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2024
Closed on
Mar 4, 2025
Sold by
2014 Phillips Family Trust and Phillips Richard Montgomery
Bought by
Clemetson Christopher James and Clemetson Amy
Seller's Agent
Bradley MacArthur
Hawaii Life (W)
Buyer's Agent
Bradley MacArthur
Hawaii Life (W)
List Price
$1,675,000
Sold Price
$1,600,000
Premium/Discount to List
-$75,000
-4.48%
Views
6
Current Estimated Value
$1,616,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,851
Avg. Annual Appreciation
2.04%
Original Mortgage
$400,000
Outstanding Balance
$398,664
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$1,218,187

Purchase Details

Closed on
Aug 27, 2014
Sold by
Phillips Richard Montgomery and Phillips Gayela Deane
Bought by
2014 Phillips Family Trust

Purchase Details

Closed on
Dec 21, 2000
Sold by
Briggs Robert Cornelius
Bought by
Phillips Richard Montgomery and Phillips Gayela Deane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.71%
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Deed -- Title Guaranty
Interfamily Deed Transfer -- Accommodation
Deed $525,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $400,000 New Conventional
Previous Owner $417,000 Unknown
Previous Owner $413,000 Stand Alone First
Previous Owner $25,018 Credit Line Revolving
Previous Owner $275,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2025 03/17/25 Sold $1,600,000 -4.5% $1,494 / Sq Ft
01/18/2025 01/18/25 Pending -- -- --
12/13/2024 12/13/24 For Sale $1,675,000 -- $1,564 / 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 $22,417 $1,840,200 $101,100 $1,739,100
2024 $22,417 $1,734,600 $101,100 $1,633,500
2023 $15,154 $1,278,800 $91,900 $1,186,900
2022 $10,879 $918,100 $69,000 $849,100
2021 $10,082 $907,100 $69,000 $838,100
2020 $9,960 $898,900 $73,600 $825,300
2019 $8,064 $750,100 $73,600 $676,500
2018 $7,993 $861,300 $73,600 $787,700
2017 $6,885 $0 $0 $0
2016 $5,332 $612,200 $77,100 $535,100
2015 $5,966 $585,000 $72,300 $512,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 404330

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-1-008-077-0034