15 Malukai Ln Unit 3 Kihei, HI 96753
Wailea-Makena NeighborhoodEstimated Value: $14,037,996
4
Beds
6
Baths
5,331
Sq Ft
$2,633/Sq Ft
Est. Value
Highlights
- Beach Front
- Heated In Ground Pool
- Wood Flooring
- Ocean View
- 10.58 Acre Lot
- Furnished
About This Home
As of February 2024Maluhia Wailea Masterpiece! The ONLY residential beachfront enclave in the Wailea Resort! When passing through the double gated entry, all your senses will come alive as you experience the refined Zen elements of fire, water and stone. Each element was chosen to compliment and respect the property within its surroundings. A CPR oceanfront sanctuary of elegance, the pinnacle of luxury living in South Maui's most prestigious and only beachfront enclave. This home is not just a fully furnished turn-key residence; it's a meticulously maintained retreat. A place where luxury meets tranquility, where every sunset is a celebration, and where every day is an opportunity to experience the convenience of the world-renowned Wailea Resort. With its prime beachfront location, exquisite design, and unmatched amenities, it is a legacy property offering unparalleled privacy and sophistication. Your beachfront paradise awaits. From Maluhia’s highest point you experience the unique privilege of the stunning deed-protected ocean views as a serene backdrop to your daily life. Exotic woods and stones highlight the contemporary style, harmoniously blending with the open-air atrium featuring a stimulating pond with Maui's natural beauty. State-of-the-art appointments in every corner, from the gourmet kitchen to the dual primary bedrooms and bathroom suites situated at both the main level and upstairs.The indoor-outdoor living is accentuated with hidden wood and glass floor to ceiling sliding doors leading to the generous lanais, surround sound system, tranquil free-form pool, waterfall, fire pits, built-in BBQ area and putting green. The lush tropical landscaping with an array of luscious fruit trees are also all perfect for enjoying Maui's year-round sunshine. This home of distinction offers a multitude of interior & exterior renovations completed in 2022 including, but not limited to, new coral siding, fresh paint, energy-efficient appliances, new carpets, renovated pool with new electric energy efficient heating system and new driveway all to ensure the pinnacle of contemporary luxury. The Control 4 lighting system and the updated IOS-based management system enhance the unparalleled security and convenience. Indulge in the luxury of a private beach pavilion, complete with entertainment facilities, concierge services, and additional storage to further enjoy all the ocean activities. Maluhia maintains its own exclusive beach club with concierge services and on-site property manager to further enhance your beachfront living experience. Stroll the Wailea pathway for your morning coffee, the Shops at Wailea and the Resort fine dining experiences. This is also the ONLY enclave with private pedestrian guest access to the adjacent Andaz Resort amenities.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $161,015
Year Built
- Built in 2004 | Remodeled
Lot Details
- 10.58 Acre Lot
- Beach Front
- Property fronts an easement
- Fenced
- Level Lot
- Sprinkler System
- Property is zoned R-2
HOA Fees
- $3,281 Monthly HOA Fees
Parking
- 2 Car Garage
- Garage Door Opener
Home Design
- Brick or Stone Mason
- Slab Foundation
- Wood Frame Construction
- Tile Roof
- Double Stud Wall
- Stucco
Interior Spaces
- 5,331 Sq Ft Home
- 2-Story Property
- Furnished
- Shelving
- Ceiling Fan
- Chandelier
- Blinds
- Entryway
- Workshop
- Storage
- Ocean Views
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Stone
Bedrooms and Bathrooms
- 4 Bedrooms
- 6 Bathrooms
Laundry
- Dryer
- Washer
Home Security
- Home Security System
- Fire and Smoke Detector
Utilities
- Central Air
- No Heating
- Underground Utilities
- Cable TV Available
Additional Features
- Solar Water Heater
- Heated In Ground Pool
Community Details
- Maluhia Wailea Subdivision
Listing and Financial Details
- Assessor Parcel Number 2210080620003
- $1,214 per year additional tax assessments
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 15, 2024
Closed on
Feb 1, 2024
Sold by
Malukai Llc
Bought by
Hale Mohala Llc
Seller's Agent
Dennis Rush
Compass-W
Buyer's Agent
David Richardson
Hawaii Life (W)
List Price
$147,000,000
Sold Price
$13,700,000
Premium/Discount to List
-$133,300,000
-90.68%
Views
13
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
$337,996
Avg. Annual Appreciation
1.76%
Purchase Details
Listed on
Oct 30, 2017
Closed on
Nov 13, 2018
Sold by
Sesjbt Two Llc
Bought by
Malukai Llc
Seller's Agent
Sam Utley
Island Sotheby's Int'l Rlty(M)
Buyer's Agent
Jan Lap
Island Sotheby's Int'l Rlty(W)
List Price
$7,895,000
Sold Price
$7,300,000
Premium/Discount to List
-$595,000
-7.54%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.79%
Purchase Details
Listed on
Oct 26, 2013
Closed on
Nov 19, 2013
Sold by
Hickey Wesley John and Hickey Diane Marie
Bought by
Sesjbt Two Llc
Seller's Agent
Riette Jenkins
Coldwell Banker Island Prop(S)
Buyer's Agent
Sam Utley
Island Sotheby's Int'l Rlty(M)
List Price
$6,800,000
Sold Price
$6,800,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.43%
Purchase Details
Closed on
Jun 24, 2005
Sold by
M-35 Llc
Bought by
Hickey Wesley John and Hickey Diane Marie
Similar Home 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 |
|---|---|---|---|
| Hale Mohala Llc | -- | Tge | |
| Malukai Llc | $7,300,000 | Fntic | |
| Sesjbt Two Llc | $6,800,000 | Tg | |
| Hickey Wesley John | $8,300,000 | Tg |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | C S Bridge Funding Inc | $18,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/09/2024 02/09/24 | Sold | $13,700,000 | -90.7% | $2,570 / Sq Ft |
| 01/15/2024 01/15/24 | Pending | -- | -- | -- |
| 01/15/2024 01/15/24 | For Sale | $147,000,000 | +1913.7% | $27,575 / Sq Ft |
| 11/19/2018 11/19/18 | Sold | $7,300,000 | -6.5% | $1,369 / Sq Ft |
| 09/20/2018 09/20/18 | Pending | -- | -- | -- |
| 09/18/2018 09/18/18 | Price Changed | $7,805,000 | -0.1% | $1,464 / Sq Ft |
| 09/10/2018 09/10/18 | Price Changed | $7,815,000 | -0.1% | $1,466 / Sq Ft |
| 09/04/2018 09/04/18 | Price Changed | $7,825,000 | -0.1% | $1,468 / Sq Ft |
| 08/27/2018 08/27/18 | Price Changed | $7,835,000 | -0.1% | $1,470 / Sq Ft |
| 08/21/2018 08/21/18 | Price Changed | $7,845,000 | -0.1% | $1,472 / Sq Ft |
| 08/13/2018 08/13/18 | Price Changed | $7,855,000 | -0.1% | $1,473 / Sq Ft |
| 08/06/2018 08/06/18 | Price Changed | $7,865,000 | -0.1% | $1,475 / Sq Ft |
| 07/30/2018 07/30/18 | Price Changed | $7,875,000 | -0.1% | $1,477 / Sq Ft |
| 07/23/2018 07/23/18 | Price Changed | $7,885,000 | -0.1% | $1,479 / Sq Ft |
| 05/11/2018 05/11/18 | For Sale | $7,895,000 | 0.0% | $1,481 / Sq Ft |
| 04/30/2018 04/30/18 | Pending | -- | -- | -- |
| 10/30/2017 10/30/17 | For Sale | $7,895,000 | +16.1% | $1,481 / Sq Ft |
| 11/22/2013 11/22/13 | Sold | $6,800,000 | 0.0% | $1,276 / Sq Ft |
| 10/26/2013 10/26/13 | Pending | -- | -- | -- |
| 10/26/2013 10/26/13 | For Sale | $6,800,000 | -- | $1,276 / 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 | $161,015 | $12,397,100 | $5,401,900 | $6,995,200 |
| 2024 | $161,015 | $11,101,000 | $4,429,500 | $6,671,500 |
| 2023 | $125,772 | $10,613,700 | $4,321,500 | $6,292,200 |
| 2022 | $88,629 | $7,479,200 | $3,889,400 | $3,589,800 |
| 2021 | $79,472 | $7,105,300 | $3,745,300 | $3,360,000 |
| 2020 | $47,734 | $7,172,300 | $3,745,300 | $3,427,000 |
| 2019 | $49,574 | $7,856,400 | $4,105,400 | $3,751,000 |
| 2018 | $47,865 | $7,585,600 | $3,991,400 | $3,594,200 |
| 2017 | $44,941 | $0 | $0 | $0 |
| 2016 | $4,247 | $7,077,500 | $3,763,300 | $3,314,200 |
| 2015 | $19,594 | $6,792,400 | $3,763,300 | $3,029,100 |
Source: Public Records
Agents Affiliated with this Home
-
Dennis Rush
Seller's Agent in 2024
Dennis Rush
Compass-W
(808) 280-0788
48 in this area
71 Total Sales
-
David Richardson
Buyer's Agent in 2024
David Richardson
Hawaii Life (W)
(808) 870-9916
34 in this area
96 Total Sales
-
Sam Utley
Seller's Agent in 2018
Sam Utley
Island Sotheby's Int'l Rlty(M)
(808) 205-5088
4 in this area
127 Total Sales
-
Mino McLean
Seller Co-Listing Agent in 2018
Mino McLean
Island Sotheby's Int'l Rlty(M)
(808) 283-9613
4 in this area
129 Total Sales
-
J
Buyer's Agent in 2018
Jan Lap
Island Sotheby's Int'l Rlty(W)
-
Riette Jenkins
Seller's Agent in 2013
Riette Jenkins
Coldwell Banker Island Prop(S)
(808) 870-4073
18 in this area
35 Total Sales
Map
Source: Maui MLS (REALTORS® Association of Maui)
MLS Number: 400876
APN: 2-2-1-008-062-0003
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