$2,400,000
SOLD NOV 14, 2023
3 Beds
3 Baths
3,025 Sq Ft
8,189 Sq Ft Lot

Recently Sold

$793 Per Sq Ft

35% Below List Price

225 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • Home Security System
  • Heated In Ground Pool
  • Furnished
  • Laundry Room

About This Home

As of November 2023

This splendid residence in Wailea Kialoa has all the elements of your ideal Maui dream home in perfect alignment: Panoramic ocean views, elegant architecture, prime corner location, privacy, security, quick access to nearby beaches, all at an unbeatable price! Make your dream a reality at 194 E Panana Place where you can peacefully live your best life in a setting that nurtures your health and well-being. Elegant 3 bedroom, 3 bathroom custom home is just the right size and was designed like a private retreat with an emphasis on indoor/outdoor living. Large-panel pocketing glass doors in multiple rooms magically retract to connect with the outdoor lanai and tranquil pool area. Property is oriented facing West to maximize enjoyment of the sweeping ocean views and gorgeous sunsets. Lush landscaping embraces you on all sides for maximum privacy which means you can relax in the pool area anytime and feel like you have no neighbors! Only one home directly borders on the East side which adds to the feeling of seclusion. First floor has an inviting living room, chef's kitchen with distinctive wood cabinets, formal dining room, one bedroom and one full bathroom. A curved grand staircase leads to the split-level second floor with two separate bedroom suites. The Master suite on the top level is a spacious sanctuary with high-vaulted ceilings, enchanting ocean views and two private lanais. Enjoy quick access to Wailea's finest amenities including the best beaches on Maui, fine dining, luxury shopping, and great golf courses.

Last Agent to Sell the Property

Dano Sayles

Coldwell Banker Island Prop(S) License #RB-16779 Listed on: 02/09/2023

Coldwell Banker Island Prop(S)

Co-Listed By

Anthony R

Coldwell Banker Island Prop(S) License #RS-63365

Last Buyer's Agent

Lina Duong

Coldwell Banker Island Prop-Ku License #RS-85500

Coldwell Banker Island Prop-Ku

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,716

Year Built

  • Built in 1992

Lot Details

  • 8,189 Sq Ft Lot
  • Fenced
  • Sprinkler System

Home Design

  • Slab Foundation
  • Tile Roof
  • Stucco Exterior
  • Double Stud Wall

Interior Spaces

  • 3,025 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Chandelier
  • Blinds
  • Entryway
  • Dining Room
  • Storage Room
  • Ocean Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener

Pool

  • Heated In Ground Pool

Utilities

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

Community Details

  • Property has a Home Owners Association
  • $415 Maintenance Fee
  • Wailea Kialoa Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,716

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Class: Residential
  • District: Wailea/Makena
  • Other Features: Storage, Lawn Sprinkler, Wall/Fence, Entry
  • Perm To Adv Upcoming1: Yes
  • Perm To Adv Upcoming2: Yes
  • Roads: Paved
  • Type: Single Family
  • View: Ocean
  • Year Built House: 1992
  • Geo Subdivision: HI
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1992

Interior Features

  • Flooring: Stone/Concrete, Carpet, Wood
  • Additional Rooms: Dining Room, Laundry Room, Storage Room
  • Bathrooms: 3
  • Bedrooms: 3
  • Included: Auto Garage Door Opener, Blinds, Security System, Ceiling Fan(s), Chandelier/Swag Lamp, Dishwasher, Disposal, Dryer, Furnished, Microwave, Range, Refrigerator, Smoke/Heat Detector, Tv Cable, Washing MacHine
  • Living Area Sq Ft: 3025
  • Price Per Sq Ft: 793.39
  • Total Living Sq Ft: 3025

Exterior Features

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

Garage/Parking

  • Garage: Yes
  • Number of Car Spaces: 2
  • Garage Parking Sq Ft House: 538

Utilities

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

Condo/Co-op/Association

  • Association Fees Frequency: Semiannually
  • Association Fees: 336
  • Other Monthly Fees: Maintenance Fees, Association Fee

Fee Information

  • Maintenance Fee Amount: 415

Lot Info

  • County Zoning: R-2 Residential
  • Land Acres: 0.188
  • Land Sq Ft: 8189
  • State Zoning: Urban
  • Geo Address Line: 194 E Panana Pl
  • Geo Primary City: Kihei
  • Geo Quality: 0.95
  • Geo Zoom Level: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2023
Closed on
Oct 31, 2023
Sold by
Racine Charles Watson and Racine Claudia Maria
Bought by
Vip Nails & Spa Llc
Seller's Agent
Dano Sayles
Coldwell Banker Island Prop(S)
Buyer's Agent
Lina Duong
Coldwell Banker Island Prop-Ku
List Price
$3,695,000
Sold Price
$2,400,000
Premium/Discount to List
-$1,295,000
-35.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.69%
Original Mortgage
$1,906,425
Interest Rate
7.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2008
Sold by
Tekce Sibel
Bought by
Racine Charles

Purchase Details

Closed on
Jun 16, 2006
Sold by
Phillips William N
Bought by
Tekce Sibel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Interest Rate
6.63%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 27, 2006
Sold by
Phillips William
Bought by
Phillips William N and William N Phillips 2000 Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Interest Rate
6.63%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 28, 2002
Sold by
Makekau Stanley N B and Makekau Stanley
Bought by
Makekau Jeffery N
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
Warranty Deed -- Fntic
Interfamily Deed Transfer -- None Available
Warranty Deed $2,900,000 Tg
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,128,750 New Conventional
Closed $1,906,425 New Conventional
Previous Owner $1,232,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $1,240,000 New Conventional
Previous Owner $1,700,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 Price Changed $3,750,000 -5.7% $1,240 / Sq Ft
05/07/2025 05/07/25 For Sale $3,975,000 +65.6% $1,314 / Sq Ft
11/14/2023 11/14/23 Sold $2,400,000 -20.0% $793 / Sq Ft
09/22/2023 09/22/23 Pending -- -- --
08/19/2023 08/19/23 Price Changed $2,999,000 -6.1% $991 / Sq Ft
07/30/2023 07/30/23 Price Changed $3,195,000 -8.7% $1,056 / Sq Ft
06/02/2023 06/02/23 Price Changed $3,499,000 -5.3% $1,157 / Sq Ft
02/09/2023 02/09/23 For Sale $3,695,000 -- $1,221 / 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 $17,716 $3,689,300 $1,686,600 $2,002,700
2024 $17,716 $2,393,700 $1,204,700 $1,189,000
2023 $15,563 $2,214,100 $1,024,000 $1,190,100
2022 $11,887 $1,754,600 $674,600 $1,080,000
2021 $10,265 $1,708,700 $722,800 $985,900
2020 $9,836 $1,679,800 $722,800 $957,000
2019 $8,250 $1,473,200 $584,800 $888,400
2018 $9,203 $1,667,300 $638,200 $1,029,100
2017 $9,429 $0 $0 $0
2016 $8,961 $1,690,700 $736,400 $954,300
2015 $9,786 $1,416,800 $552,300 $864,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 398107

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-1-024-102-0000