$12,350,000
SOLD DEC 17, 2024

1506 Halama St Kihei, HI 96753

3 Beds
4 Baths
5,380 Sq Ft
0.41 Acres

Recently Sold

$2,296 Per Sq Ft

5% Below List Price

80 Days on Market

Highlights

  • Beach Front
  • 0.41 Acre Lot
  • Wood Flooring
  • Heated In Ground Pool
  • Mountain View
  • Furnished

About This Home

As of December 2024

Enter the Balinese-style front door of this beachfront South Maui home, and feel the tropical energy engulf your senses as you move through the courtyard. The stunning ocean view draws you over the koi pond bridge while the sound of the private waterfall begins to welcome you in. As you enter the main living area, the exquisite detail and finish of this unique home envelops you in luxury. Designed by a Hawaii and San Francisco premier designer, no detail has been overlooked. 1506 Halama Street has been meticulously designed and maintained for the discerning owner as both a home and a statement piece. From each en-suite bedroom with its own feeling of luxury, to the living areas with spectacular ocean views, to the chef’s dream kitchen and butler’s pantry, the wine connoisseur’s stocked wine cellar, elegant home office, elevator to the expansive primary suite, curated art pieces, and more surprises to be discovered - you will not find another home that compares. There is a 1-br/1-ba ohana above the large garage that is just as gorgeously appointed as the main home, ideal for a long-term guest or nanny. The perfect home for entertaining, set the mood with music through the custom Control4 AV system while you and your guests enjoy an evening in the indoor/outdoor formal dining room. Select a bottle of fine wine from the cellar (included with this sale) and enjoy the sunset and whale watching from the back yard overlooking the ocean. At dinnertime, choose your indoor-outdoor mood lighting, enjoy the lighted palm trees, or simply the full moon hanging over the waves. Want the kids to have fun? Many pool games have been played in the temperature controlled pool while the adults socialize in the hot tub. Only want to get your feet wet? Lie on a chaise lounge in the “lounge section” of the pool. Play croquet on the lawn or have a private yoga session in the early-morning sun. This house was designed for the indoor-outdoor lifestyle. At the end of the day, retreat to your gorgeous and expansive upstairs primary suite and have a soak in the custom stone tub while your own private waterfall eases your senses. With the state-of-the-art Control4 system you can turn off the lights, close the blinds, and manage your security system as you open the sliding glass doors to the private patio, and climb into bed to hear the sound of the waves as you slip into the bliss of your new Maui home.

Last Agent to Sell the Property

Marilyn Griffin

Island Sotheby's Int'l Rlty(W) License #RB-19321 Listed on: 08/12/2024

Island Sotheby's Int'l Rlty(W)

Last Buyer's Agent

Greg Mebel

Compass-W License #RB-23174

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,520

Year Built

  • Built in 2012

Lot Details

  • 0.41 Acre Lot
  • Beach Front
  • Fenced
  • Level Lot
  • Sprinkler System
  • Property is zoned R-3

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Tile Roof
  • Double Stud Wall
  • Stucco

Interior Spaces

  • 5,380 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Shelving
  • Ceiling Fan
  • Chandelier
  • Blinds
  • Entryway
  • Workshop
  • Mountain Views
  • Unfinished Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Eco-Friendly Details

  • Solar Water Heater

Pool

  • Heated In Ground Pool
  • Spa

Utilities

  • Central Air
  • No Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2390100150000

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,520

Year Built

Built in 2012

Lot Details

0

Parking

2

Listing Details

  • View: Mountain/Ocean
  • Year Built: 2012
  • Property Sub Type: Single Family w/Att Ohana
  • Prop. Type: Residential
  • PoolFeatures: Heated, In Ground
  • Road Surface Type: Paved
  • SecurityFeatures: Security System, Smoke/Heat Detector
  • Carport Y N: No
  • Fireplace: No
  • Garage Yn: Yes
  • Interior Features: Book Shelves, Ceiling Fan(s), Chandelier/Swag Lamp, Furnished, Inventory, Kitchen Ware, Linens, TV Cable, Entry, Workshop, Ceiling Fan
  • Unit Levels: Two
  • LivingArea: 5380
  • Roof: Monier Tile/Tile
  • WindowFeatures: Blinds
  • Master Plan Zoning: R-3
  • Financial Info Electric: Overhead Electricity
  • Special Features: VirtualTour

Interior Features

  • Flooring: Stone/Concrete, Wood
  • Spa Features: Spa/Hot Tub
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Solar Hot Water, Washer, Solar Water Heating, Washing Machine
  • Basement: Unfinished
  • Total Bedrooms: 3

Exterior Features

  • Fencing: Wall/Fence
  • Acres: 0.4092
  • View: Yes
  • Waterfront Features: Beach Front
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: Stucco, Double Wall, Wood Frame
  • Exterior Features: Lawn Sprinkler
  • Foundation Details: Concrete Slab

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage, Garage Door Opener

Utilities

  • Heating: Solar Water Heating
  • Sewer: Public Sewer
  • Cooling: Central Air, Ohana Central Air
  • HeatingYN: No
  • Utilities: Sewer Connected, Phone Connected, Cable Connected
  • Water Source: Public, County Water Meter Ins

Lot Info

  • Topography: Level
  • Lot Size Sq Ft: 17825
  • ResoLotSizeUnits: Acres
  • Parcel #: 2390100150000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Green Features

Multi Family

  • Building Area Units: Square Feet

Tax Info

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2024
Closed on
Dec 10, 2024
Sold by
Navin Johnson Trust and Altman Vernon E
Bought by
Jerome Dahan Living Trust and Dahan
Seller's Agent
Marilyn Griffin
Island Sotheby's Int'l Rlty(W)
Buyer's Agent
Greg Mebel
Compass-W
List Price
$13,000,000
Sold Price
$12,350,000
Premium/Discount to List
-$650,000
-5%
Views
74
Current Estimated Value
$8,172,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,177,936
Avg. Annual Appreciation
-35.82%

Purchase Details

Closed on
May 6, 2021
Sold by
Altman Vernon E
Bought by
Altman Vernon E and Altman Susan

Purchase Details

Closed on
Feb 25, 2021
Sold by
Altman Vernon E and Altman Mary Lee
Bought by
Altman Vernon E

Purchase Details

Closed on
Oct 21, 2007
Sold by
1506 Halama Holding Llc
Bought by
Altman Vernon E and Altman Family Trust

Purchase Details

Closed on
Oct 28, 2002
Sold by
Makekau Stanley N B and Makekau Stanley
Bought by
Makekau Jeffery N

Purchase Details

Closed on
Dec 10, 2001
Sold by
Meekhof Ruth G and Meekhof James
Bought by
1506 Halama Holding Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,390,000
Interest Rate
6.57%
Mortgage Type
Seller Take Back
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
Warranty Deed -- Fnt
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $4,000,000 Fntic
Interfamily Deed Transfer -- --
Interfamily Deed Transfer $2,160,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $8,000,000 New Conventional
Previous Owner $1,500,000 Credit Line Revolving
Previous Owner $2,000,000 New Conventional
Previous Owner $1,500,000 Credit Line Revolving
Previous Owner $1,015,000 Unknown
Previous Owner $1,390,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2024 12/17/24 Sold $12,350,000 -5.0% $2,296 / Sq Ft
11/30/2024 11/30/24 Pending -- -- --
09/11/2024 09/11/24 For Sale $13,000,000 -- $2,416 / 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 $22,520 $9,541,100 $5,454,100 $4,087,000
2024 $22,520 $8,444,500 $4,545,100 $3,899,400
2023 $17,321 $7,453,000 $3,545,200 $3,907,800
2022 $62,908 $6,824,600 $3,272,500 $3,552,100
2021 $47,225 $6,328,800 $2,999,800 $3,329,000
2020 $44,806 $6,747,900 $3,381,600 $3,366,300
2019 $35,121 $6,271,600 $2,999,800 $3,271,800
2018 $35,032 $6,346,400 $3,363,400 $2,983,000
2017 $32,515 $0 $0 $0
2016 $33,128 $6,250,500 $3,454,300 $2,796,200
2015 -- $5,553,400 $2,999,800 $2,553,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 403435

Maui MLS (REALTORS® Association of Maui)

APN: 2-3-9-010-015-0000