$7,300,000
SOLD NOV 19, 2018

15 Malukai Ln Unit 3 Kihei, HI 96753

Wailea-Makena Neighborhood
4 Beds
6 Baths
5,331 Sq Ft
10.58 Acres

Recently Sold

$1,369 Per Sq Ft

8% Below List Price

325 Days on Market

Highlights

  • Beach Front
  • Heated In Ground Pool
  • Central Air
  • Ocean View
  • 10.58 Acre Lot
  • 2 Car Garage

About This Home

As of February 2024

Live beachfront. Maluhia at Wailea is South Maui's premier beachfront community with 14 luxury residences on the coveted Mokapu beach. Residence Three, at the highest elevation enjoys views from nearly every room. The atrium and pond center the home and create a quiet and thoughtful space. The expansive living room and dining area open to the pool and outdoor lawn, allowing for indoor/outdoor living year-round. Choose your master suite on either the main or second level. Each of the four bedrooms have en suite bathrooms and one boasts a large copper soaking tub. Newly renovated community clubhouse has chef's kitchen, dining and lounge areas that open to the oceanfront lawn with exclusive beach access. Owners within Maluhia enjoy guest privileges at the Andaz Resort. Imagine...resort life on a beautiful white sand beach with the quiet and luxury of a private residence.

Last Agent to Sell the Property

Sam Utley

Island Sotheby's Int'l Rlty(M) License #RB-23179 Listed on: 10/30/2017

Island Sotheby's Int'l Rlty(M)

Co-Listed By

Mino McLean

Island Sotheby's Int'l Rlty(M) License #RB-21623

Last Buyer's Agent

Jan Lap

Island Sotheby's Int'l Rlty(W) License #RB-21305

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $161,015

Year Built

  • Built in 2005

Lot Details

  • 10.58 Acre Lot
  • Beach Front
  • Property fronts a private road
  • Fenced
  • Level Lot
  • Sprinkler System

Parking

  • 2 Car Garage

Property Views

  • Ocean Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 6 Bathrooms

Pool

  • Heated In Ground Pool
  • Spa

Utilities

  • Central Air
  • Underground Utilities
  • Phone Available
  • Cable TV Available

Community Details

  • $3,000 Maintenance Fee

Home Details

Home Type

Single Family

Est. Annual Taxes

$161,015

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: Residential
  • District: Wailea/Makena
  • Other Features: Lawn Sprinkler, Wall/Fence, Spa/Hot Tub
  • Roads: Paved, Private
  • Type: Single Family
  • View: Ocean
  • Year Built House: 2005
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2005

Interior Features

  • Bathrooms: 6
  • Bedrooms: 4
  • Living Area Sq Ft: 5331

Exterior Features

  • Covered Lanai Deck Sq Ft House: 784
  • Pool: Yes
  • Pool Type: In-Ground, Heated
  • Uncovered Lanai Deck SqFt House: 46
  • Waterfront: Beachfront

Garage/Parking

  • Garage: Yes
  • Number of Car Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Residential Condo: Yes

Fee Information

  • Maintenance Fee Amount: 2999.64

Lot Info

  • County Zoning: A-1 Apartment District
  • Cpr Land Acres: 0.4593
  • Cpr Land Sq Ft: 20007
  • Land Acres: 10.578
  • Land Sq Ft: 460778
  • State Zoning: Urban
  • Topography: Level

Tax Info

  • Taxes Per Month: 3745

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
$13,875,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,125
Avg. Annual Appreciation
1.36%

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
Source: Public Records

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Range of Values:

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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 -- Tge
Deed $7,300,000 Fntic
Deed $6,800,000 Tg
Warranty Deed $8,300,000 Tg
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $18,000,000 Commercial
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

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 $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

    Dennis Rush
    Section Image
  • David Richardson

    Buyer's Agent in 2024

    David Richardson

    Hawaii Life (W)

    (808) 870-9916

    34 in this area

    96 Total Sales

    David Richardson
    Section Image
  • Sam Utley

    Seller's Agent in 2018

    Sam Utley

    Island Sotheby's Int'l Rlty(M)

    (808) 205-5088

    4 in this area

    128 Total Sales

    Sam Utley
    Section Image
  • Mino McLean

    Seller Co-Listing Agent in 2018

    Mino McLean

    Island Sotheby's Int'l Rlty(M)

    (808) 283-9613

    4 in this area

    128 Total Sales

    Mino McLean
    Section Image

  • 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

    Riette Jenkins
    Section Image
See All Agents

Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 376107

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-1-008-062-0003

Hawaii Maui County Kihei 96753 Wailea-Makena

15 Malukai Ln Unit 3, Kihei, HI

This home is located at 15 Malukai Ln Unit 3, Kihei, HI 96753 and is currently priced at $7,300,000, approximately $1,369 per square foot. This property was built in 2005. 15 Malukai Ln Unit 3 is a home located in Maui County with nearby schools including Kamali'i Elementary School, Lokelani Intermediate School, and Maui 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.
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