NOT LISTED FOR SALE

120 Punakea Loop Unit B Lahaina, HI 96761

Launiupoko Neighborhood

Estimated Value: $5,719,000 - $7,936,000

6 Beds
6.5 Baths
5,142 Sq Ft
$1,301/Sq Ft Est. Value

Last Sold July 15, 2021

Last sale price $5,520,000 $1,074 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $41,900/month

36 Days on Market

Highlights

  • Ocean View
  • 15.48 Acre Lot
  • Furnished
  • In Ground Pool
  • Main Floor Primary Bedroom
  • Workshop

About This Home

As of July 2021

120 Punakea Loop is a 12-acre estate situated in Launiupoko. The main 5,142 sq. ft. home has 6 bedrooms and 6.5 bathrooms, and a 1,168 sq. ft. barn comes with a wet bar, full bath, beautifully tiled floors, and a single car bay. This landmark property affords fabulous ocean and outer-island views and a landscaped park-like tropical setting. The property sits on the hill in Launiupoko. One approaches the home via the 600 ft. drive off Punakea Loop. The driveway is adorned with fountains and tropical foliage, and a portico provides an elegant, shaded space from which to enter the home. Entering the home, one finds a living room with wet bar, kitchen, and 3 bedrooms. A spacious covered lanai runs along the ocean-side wall of the living room, allowing you to take in the beautiful view. The master bedroom has an en-suite bathroom and large covered lanai, which also boasts stunning ocean views. The 2 additional bedrooms on the main floor also have en-suite bathrooms. Downstairs, the yard-level floor has dining areas and living areas with wet bars, as well as three additional bedrooms. Bedrooms 4, 5 and 6 feature direct lanai access; bedroom 5 comes with an en-suite bathroom. The layout of the floor is designed in such a way that bedroom 6 and one of the living-room/wet-bar areas can be closed off and affectively act as a guest unit. Outside on the grounds, you are met with an expanse of green lawn, palms, and stunning views. To your right is the striking pool and jacuzzi, with an incredible 75 ft., 5-tier, calming waterfall which cascades down into the pool. Sunsets from the pool, yard and home are life enhancing. Inside vehicle parking is accommodated in the 3-car garage, with an approximately 500 sq. ft. bonus room off the garage. This retreat is only moments from Lahaina Town, West Maui beaches, and champion Golf courses. Find your “Lahaina Dream” at 120 Punakea Loop. (Barn and bonus-room footage not included in main living sq. ft.)

Last Agent to Sell the Property

Tyler Coons

Welcome Hawaii Properties License #RS-55098 Listed on: 02/18/2021

Last Buyer's Agent

Tyler Coons

Welcome Hawaii Properties License #RS-55098 Listed on: 02/18/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $49,778

Year Built

  • Built in 2005 | Remodeled

Lot Details

  • 15.48 Acre Lot
  • Property fronts a private road
  • Property fronts an easement
  • Fenced
  • Gentle Sloping Lot
  • Sprinkler System
  • Natural Drainage

HOA Fees

  • $350 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 5,142 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Chandelier
  • Drapes & Rods
  • Blinds
  • Entryway
  • Family Room
  • Workshop
  • Storage Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • 6.5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Car Garage
  • Automatic Garage Door Opener

Pool

  • In Ground Pool
  • Spa

Farming

  • Agricultural

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2470110120002

Home Details

Home Type

Single Family

Est. Annual Taxes

$49,778

Year Built

Built in 2005 | Remodeled

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • District: Lahaina
  • Other Features: Workshop, Remodeled, Lawn Sprinkler, Wall/Fence, Entry, Spa/Hot Tub
  • Perm To Adv Upcoming1: Yes
  • Perm To Adv Upcoming2: Yes
  • Roads: Paved, Private
  • Type: Single Family
  • View: Ocean
  • Year Built House: 2005
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2005

Interior Features

  • Flooring: Stone/Concrete, Carpet
  • Additional Rooms: Family Room, Laundry Room, Storage Room
  • Bathrooms: 6.5
  • Bedrooms: 6
  • Included: Auto Garage Door Opener, Blinds, Ceiling Fan(s), Chandelier/Swag Lamp, Dishwasher, Dryer, Drapes, Furnished, Kitchen Ware, Linens, Microwave, Range, Refrigerator, Smoke/Heat Detector, Tv Cable, Washing MacHine
  • Living Area Sq Ft: 5142
  • Master Bedroom Ground Floor: Yes
  • Price Per Sq Ft: 1073.51
  • Total Living Sq Ft: 5142

Exterior Features

  • Construction Data: Wood Frame
  • Design And Structure: 2 Story
  • Exterior Finish: Stucco
  • Pool: Yes
  • Pool Type: In-Ground
  • Roofing: Monier Tile/Tile
  • Substructure: Concrete Slab

Garage/Parking

  • Garage: Yes
  • Number of Car Spaces: 3

Utilities

  • Central Air Conditioning: Yes
  • Sewer: Septic Tank
  • Utilities To Site: Private Water, Underground Electricity, Telephone, Tv Cable

Condo/Co-op/Association

  • Association Fees Frequency: Monthly
  • Association Fees: 350
  • Association Manager: Makila Plantation
  • Other Monthly Fees: Association Fee
  • Residential Condo: Yes

Schools

  • Elementary School: King Kamehameha III Elementary
  • High School: Lahainaluna High

Lot Info

  • Assessed Improvement Value: 2852600
  • Assessed Land Value: 1654900
  • Cpr Land Acres: 11.618
  • Cpr Land Sq Ft: 506080
  • Easements: Electricity, Water, Telephone, Drainage
  • Flood Zone: Unknown
  • General Land Class: Agricultural
  • Land Acres: 15.478
  • Land Recorded: Land Court
  • Land Sq Ft: 674222
  • State Zoning: Agricultural
  • Topography: Gentle Slope

Tax Info

  • Tax Database Id: 1
  • Taxes Per Month: 4162
  • Assessor Parcel Number: 2470110120002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2021
Closed on
Jun 15, 2021
Sold by
Lahana Holdings Llc
Bought by
Saulsbury Ashley and Tretikov Lila
Seller's Agent
Tyler Coons
Welcome Hawaii Properties
Buyer's Agent
Tyler Coons
Welcome Hawaii Properties
List Price
$5,800,000
Sold Price
$5,520,000
Premium/Discount to List
-$280,000
-4.83%
Total Days on Market
36
Current Estimated Value
$6,688,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,168,294
Avg. Annual Appreciation
5.05%
Original Mortgage
$3,920,000
Outstanding Balance
$3,579,842
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$3,112,421

Purchase Details

Closed on
Mar 17, 2009
Sold by
Brooks Kevin K and Mccarthy Linda M
Bought by
Maher Brian P and Maher Janet S
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Saulsbury Ashley $5,520,000 Fnt
Maher Brian P $500,000 Fntic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saulsbury Ashley $3,920,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2021 07/15/21 Sold $5,520,000 -4.8% $1,074 / Sq Ft
03/26/2021 03/26/21 Pending -- -- --
02/18/2021 02/18/21 For Sale $5,800,000 -- $1,128 / 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 $49,778 $5,059,300 $734,000 $4,325,300
2024 $49,778 $4,922,000 $796,000 $4,126,000
2023 $47,481 $6,476,600 $2,344,500 $4,132,100
2022 $47,481 $5,590,500 $1,839,500 $3,751,000
2021 $38,524 $5,241,100 $1,731,300 $3,509,800
2020 $49,943 $4,507,500 $1,654,900 $2,852,600
2019 $50,414 $4,689,700 $1,792,900 $2,896,800
2018 $36,152 $3,895,700 $1,517,000 $2,378,700
2017 $20,850 $0 $0 $0
2016 $20,907 $3,167,800 $1,379,100 $1,788,700
2015 $4,313 $3,527,600 $1,517,000 $2,010,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 390434

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-7-011-012-0002