$4,000,000
SOLD DEC 20, 2024

195 E Ikea Kai Place Kihei, HI 96753

4 Beds
5 Baths
2,851 Sq Ft
8,599 Sq Ft Lot

Recently Sold

$1,403 Per Sq Ft

9% Below List Price

13 Days on Market

Highlights

  • Heated In Ground Pool
  • Lanai
  • Home Security System
  • Mountain View
  • Furnished
  • Stone Flooring

About This Home

As of December 2024

This private, lushly landscaped, elegantly furnished, Shangri La is located in a quiet cul-de-sac near the top of Wailea Kialoa, a most coveted gated Wailea community, and is Simply Perfection! The 2-level architectural delight, with an elevator, enormous 2-car garage, infinity edge pool, and oversized jacuzzi, exemplifies and blends the elements of ‘Traditional Resort Style Living' and ‘Contemporary Design’ to create a Maui Masterpiece. Offering exceptional panoramic ocean and outer island views, this home is in pristine condition. The welcoming entrance is enhanced with quartzite-tiled planters and stairs, leading to 8-foot high, double glass front entry doors. Two elegant, recessed cabinet areas, opposite the front entrance, are finished in exquisite specimen quartz and bamboo glass, alluding to the property's appealing interior design and construction details. The seamless integration of the interior and exterior lends a feeling of reverence to this home. The brilliant open floor plan features four bedrooms with en-suite bathrooms, plus a powder room. The three bedrooms and living areas located on the main level have coffered ceilings with mahogany trim and dimmable lighting. There is recessed cove lighting and central surround sound in the main living and dining areas, to set the ambiance. The floors throughout are finished with Peruvian natural travertine stone. The kitchen features stained cherry wood cabinets and gorgeous granite counters with a full-height backsplash, providing a beautiful space to gather with guests or create culinary delights. There is a 5-burner gas cooktop with a range hood located in the center island, opposite the stainless SubZero refrigerator. The large primary suite offers two sets of sliders with captivating views, over the quartzite-tiled deck area and infinity edge pool, to the deep blue Pacific. The custom en-suite primary bathroom offers bias-set stone floors, specimen-quality quartz vanities, and a shower featuring an array of body sprays, and it opens into a private outdoor shower area with hot and cold water, for a tropical alfresco experience! Bedroom four on the lower level has an adjacent full bath, including full-height matte onyx feature wall frames that run through the shower area. The stairway risers from the lower level hallway and garage area are detailed in a variety of natural stones. Maui’s Wailea Resort Area is revered worldwide for its pristine weather, countless amenities, and unsurpassed indoor/outdoor lifestyle. Fabulous beaches, golf courses, and tennis courts, plus the Shops at Wailea's fine dining, art galleries, and luxury shopping, are all nearby, with many other options for activities just minutes away. This wonderful home provides serenity, special touches, and stunning views, in a desirable Wailea location.

Last Agent to Sell the Property

Robbie Dein

Maui Real Estate Advisors LLC License #RB-18398 Listed on: 10/22/2024

Co-Listed By

Ken Hayo

Maui Real Estate Advisors LLC License #RB-15529

Last Buyer's Agent

Renee Zaima

Wailea Point Realty, Inc. License #RB-22189

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,324

Year Built

  • Built in 2005 | Remodeled

Lot Details

  • 8,599 Sq Ft Lot
  • Property fronts a private road
  • Fenced
  • Irregular Lot
  • Sprinkler System
  • Zoning described as Kihei Research & Tech

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 2,851 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Entryway
  • Stone Flooring
  • Mountain Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Lanai

Schools

  • Kamalii Elementary School
  • Lokelani Intermediate
  • Kulanihako’I High School

Utilities

  • Central Air
  • No Heating
  • Underground Utilities
  • Cable TV Available

Community Details

  • Wailea Kialoa Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2210240730000

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,324

Year Built

Built in 2005 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • View: Mountain/Ocean
  • Year Built: 2005
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • PoolFeatures: Heated, In Ground
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • SecurityFeatures: Security System, Smoke/Heat Detector
  • Subdivision Name: Wailea Kialoa
  • Fireplace: No
  • Garage Yn: Yes
  • Interior Features: Ceiling Fan(s), Furnished, Inventory, Kitchen Ware, Linens, TV Cable, Entry, Remodeled
  • Unit Levels: Two
  • LivingArea: 2851
  • Roof: Monier Tile/Tile
  • WindowFeatures: Blinds, Drapes
  • Financial Info Electric: Underground
  • Special Features: VirtualTour

Interior Features

  • Flooring: Stone/Concrete
  • Spa Features: Spa/Hot Tub
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 4

Exterior Features

  • Fencing: Wall/Fence
  • Acres: 0.1974
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Stucco, Double Wall, Wood Frame
  • Exterior Features: Lawn Sprinkler
  • Foundation Details: Concrete Slab
  • Patio And Porch Features: Uncovered Lanai/Deck

Garage/Parking

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

Utilities

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

Schools

  • Elementary School: Kamalii Elementary
  • High School: Kulanihako’i High
  • Middle Or Junior School: Lokelani Intermediate

Lot Info

  • Topography: Irregular
  • Lot Size Sq Ft: 8599
  • ResoLotSizeUnits: Acres
  • Parcel #: 2210240730000
  • Zoning Description: Kihei Research & Tech
  • 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
Oct 22, 2024
Closed on
Dec 11, 2024
Sold by
Dennis And Sally Rahlves 1982 Family Tru and Rahlves Dennis L
Bought by
Beach Mark Steven and Beach Nancy Grace
Seller's Agent
Robbie Dein
Maui Real Estate Advisors LLC
Buyer's Agent
Renee Zaima
Wailea Point Realty, Inc.
List Price
$4,395,000
Sold Price
$4,000,000
Premium/Discount to List
-$395,000
-8.99%
Views
13
Current Estimated Value
$4,078,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,075
Avg. Annual Appreciation
2.84%

Purchase Details

Listed on
May 15, 2020
Closed on
Oct 29, 2020
Sold by
Langston Holdings Llc
Bought by
Rahlves Dennis L and Rahlves Sally H
Seller's Agent
Kento Tanaka-Tamaki
Coldwell Banker Island Prop(S)
Buyer's Agent
Robbie Dein
Maui Real Estate Advisors LLC
List Price
$3,095,000
Sold Price
$2,850,000
Premium/Discount to List
-$245,000
-7.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.62%
Original Mortgage
$1,500,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2020
Sold by
Nystrom Margareta S and The Nystrom 2006 Family Trust
Bought by
Langston Holdings Llc

Purchase Details

Closed on
Jun 1, 2006
Sold by
Harrison Thomas James and Harrison Arlene Porter
Bought by
Nystrom Margareta S and The Nystrom 2006 Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
6.41%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 13, 2006
Sold by
Harrison Thomas James and Dengler Thomas Glenn
Bought by
Harrison Thomas James and Harrison Arlene Porter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.29%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 20, 2006
Sold by
Harrison Thomas James and Harrison Arlene Porter
Bought by
Harrison Thomas James and Dengler Thomas Glenn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,065,000
Interest Rate
8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2005
Sold by
Harrison Thomas James
Bought by
Harrison Thomas James and Harrison Arlene Porter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$830,000
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2004
Sold by
Harrison Thomas James
Bought by
Harrison Thomas James

Purchase Details

Closed on
Sep 8, 2003
Sold by
Murphy Mary Catherine
Bought by
Harrison Thomas James and Ikea Kai Place Llc

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
Apr 14, 1997
Sold by
Schall Christian
Bought by
Murphy Mary Catherine
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
Exchange Deed -- Fntic
Warranty Deed $2,840,000 Fntic
Warranty Deed $2,650,000 Tg
Warranty Deed $2,900,000 Tg
Quit Claim Deed $200,000 Fntic
Quit Claim Deed $200,000 Fntic
Interfamily Deed Transfer -- --
Interfamily Deed Transfer $1,000 --
Warranty Deed $569,000 --
Interfamily Deed Transfer -- --
Warranty Deed $320,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,500,000 New Conventional
Previous Owner $235,000 Unknown
Previous Owner $500,000 Credit Line Revolving
Previous Owner $2,065,000 New Conventional
Previous Owner $830,000 New Conventional
Previous Owner $250,000 Unknown
Previous Owner $990,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2024 12/20/24 Sold $4,000,000 -9.0% $1,403 / Sq Ft
11/04/2024 11/04/24 Pending -- -- --
10/22/2024 10/22/24 For Sale $4,395,000 +54.2% $1,542 / Sq Ft
11/13/2020 11/13/20 Sold $2,850,000 -7.9% $1,000 / Sq Ft
09/15/2020 09/15/20 Pending -- -- --
05/15/2020 05/15/20 For Sale $3,095,000 -- $1,086 / 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 $30,324 $4,130,400 $1,700,900 $2,429,500
2024 $30,324 $3,532,400 $1,214,900 $2,317,500
2023 $20,312 $3,376,700 $1,032,700 $2,344,000
2022 $20,312 $2,807,700 $680,400 $2,127,300
2021 $18,367 $2,721,500 $729,000 $1,992,500
2020 $15,847 $2,551,000 $729,000 $1,822,000
2019 $13,243 $2,364,900 $591,000 $1,773,900
2018 $11,890 $2,154,000 $640,900 $1,513,100
2017 $12,035 $0 $0 $0
2016 $11,473 $2,164,800 $739,500 $1,425,300
2015 -- $1,844,900 $554,600 $1,290,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 403800

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-1-024-073-0000