11 Malukai Ln Unit 1 Kihei, HI 96753
Wailea-Makena NeighborhoodEstimated Value: $2,673,361 - $3,065,000
0.43
Acre
$6,751,429
Price per Acre
18,600
Sq Ft Lot
Highlights
- Ocean Front
- Corner Lot
- Fenced
- Mountain View
About This Lot
As of January 2023AUCTION: BID 9-14 December. Listed for $3.95M. No Reserve. Showings Daily 1-4pm & by Appointment. Maluhia the ONLY residential oceanfront community in all of Wailea offering the LAST buildable lot. This corner lot is walled with mature perimeter landscaping creating a private enclave. Located at the top of the community, this property offers commanding ocean/sunset views. A short walk to the clubhouse to relax and kick back or access the infamous Wailea boardwalk through the private gated entry for a beautiful oceanfront stroll. Onsite concierge services to assist with your dining or oceanfront activities makes this the complete residential resort lifestyle. This is the last opportunity to own an oceanfront accessed residence in Wailea in this exclusive gated community of only 14 lots.
Last Agent to Sell the Property
Hawaii Life (W) License #RB-10780 Listed on: 10/21/2021
Property Details
Property Type
- Land
Est. Annual Taxes
- $36,094
Lot Details
- 0.43 Acre Lot
- Ocean Front
- Property fronts a private road
- Fenced
- Corner Lot
- Level Lot
- Cleared Lot
Property Views
- Mountain Views
Utilities
- Underground Utilities
- Cable TV Available
Community Details
- $3,499 Maintenance Fee
- The community has rules related to building or community restrictions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 21, 2021
Closed on
Jan 6, 2023
Sold by
Conkey Harry and Conkey Brooke A
Bought by
Onni Maluhia Llc
Seller's Agent
David Richardson
Hawaii Life (W)
Buyer's Agent
Josh Jerman
Hawaii Life (W)
List Price
$3,950,000
Sold Price
$2,500,000
Premium/Discount to List
-$1,450,000
-36.71%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$382,840
Avg. Annual Appreciation
4.72%
Purchase Details
Listed on
Sep 21, 2012
Closed on
Apr 19, 2013
Sold by
Cre Lj 27 Other Llc
Bought by
Conkey Harry
Seller's Agent
Riette Jenkins
Coldwell Banker Island Prop(S)
Buyer's Agent
Bruce McDonald
Coldwell Banker Island Prop(S)
List Price
$2,400,000
Sold Price
$1,750,000
Premium/Discount to List
-$650,000
-27.08%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.73%
Original Mortgage
$1,750,000
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Jan 8, 2013
Sold by
Newhouse Robert
Bought by
Crej Lj 27 Other Llc
Purchase Details
Closed on
Oct 18, 2004
Sold by
M-35 Llc
Bought by
Maluhia Apartment 1 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5.74%
Mortgage Type
Commercial
Similar Property in Kihei, HI
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Onni Maluhia Llc | -- | Title Guaranty & Escrow Servic | |
| Conkey Harry | -- | Fam | |
| Crej Lj 27 Other Llc | $2,089,200 | Fam | |
| Maluhia Apartment 1 Llc | $2,000,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Conkey Harry | $1,750,000 | |
| Previous Owner | Maluhia One Llc | $3,850,000 | |
| Previous Owner | Maluhia Apartment 1 Llc | $2,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/11/2023 01/11/23 | Sold | $2,500,000 | 0.0% | $134 / Sq Ft |
| 12/16/2022 12/16/22 | Pending | -- | -- | -- |
| 12/12/2022 12/12/22 | Price Changed | $2,500,000 | -36.7% | $134 / Sq Ft |
| 07/19/2022 07/19/22 | For Sale | $3,950,000 | 0.0% | $212 / Sq Ft |
| 05/01/2022 05/01/22 | Pending | -- | -- | -- |
| 04/25/2022 04/25/22 | Price Changed | $3,950,000 | -19.0% | $212 / Sq Ft |
| 03/23/2022 03/23/22 | For Sale | $4,875,000 | 0.0% | $262 / Sq Ft |
| 03/21/2022 03/21/22 | For Sale | $4,875,000 | 0.0% | $262 / Sq Ft |
| 02/19/2022 02/19/22 | Pending | -- | -- | -- |
| 02/17/2022 02/17/22 | Pending | -- | -- | -- |
| 01/17/2022 01/17/22 | Price Changed | $4,875,000 | -15.2% | $262 / Sq Ft |
| 10/21/2021 10/21/21 | For Sale | $5,750,000 | +228.6% | $309 / Sq Ft |
| 04/19/2013 04/19/13 | Sold | $1,750,000 | -27.1% | $94 / Sq Ft |
| 03/15/2013 03/15/13 | Pending | -- | -- | -- |
| 09/21/2012 09/21/12 | For Sale | $2,400,000 | -- | $129 / Sq Ft |
Source: Maui MLS (REALTORS® Association of Maui)
Tax History Compared to Growth
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 | $36,094 | $3,350,900 | $3,350,900 | -- |
| 2024 | $36,094 | $2,747,700 | $2,747,700 | -- |
| 2023 | $31,766 | $2,680,700 | $2,680,700 | $0 |
| 2022 | $28,589 | $2,412,600 | $2,412,600 | $0 |
| 2021 | $27,666 | $2,479,700 | $2,479,700 | $0 |
| 2020 | $26,533 | $2,479,700 | $2,479,700 | $0 |
| 2019 | $25,802 | $2,345,600 | $2,345,600 | $0 |
| 2018 | $21,368 | $2,280,500 | $2,280,500 | $0 |
| 2017 | $13,383 | $0 | $0 | $0 |
| 2016 | $1,290 | $2,150,100 | $2,150,100 | $0 |
| 2015 | $24,304 | $2,150,100 | $2,150,100 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
David Richardson
Seller's Agent in 2023
David Richardson
Hawaii Life (W)
(808) 870-9916
34 in this area
96 Total Sales
-
Josh Jerman
Buyer's Agent in 2023
Josh Jerman
Hawaii Life (W)
(800) 677-5028
29 in this area
233 Total Sales
-
Riette Jenkins
Seller's Agent in 2013
Riette Jenkins
Coldwell Banker Island Prop(S)
(808) 870-4073
18 in this area
35 Total Sales
-
Bruce McDonald
Buyer's Agent in 2013
Bruce McDonald
Coldwell Banker Island Prop(S)
(808) 283-4189
3 in this area
16 Total Sales
Map
Source: Maui MLS (REALTORS® Association of Maui)
MLS Number: 393412
APN: 2-2-1-008-062-0001
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