NOT LISTED FOR SALE

200 Hanai Ln Unit 4 Kihei, HI 96753

Estimated Value: $3,010,000 - $4,076,000

1.19 Acres
$3,086,115 Price per Acre
51,749 Sq Ft Lot

Last Sold August 16, 2021

Last sale price $2,925,000 $57 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $21,829/month

107 Days on Market

Highlights

  • Property is near an ocean
  • Mountain View
  • Interior Lot
  • 1.19 Acre Lot

About This Lot

As of August 2021

Rare offering to own in Old Hawaii, Kalehua O Makena which consists of a low density 8 lot private enclave is steeped in ancient Hawaiian history. Makena, once home to one of the largest Hawaiian settlements still provides remnants of days gone by with ancient lava rock walls that border the property. As Maui gains in popularity, Makena retains the rural charm with lots of open space yet is a short distance to five star dining, 3 18-hole Championship golf courses and the Shops at Wailea This premium location is literally steps to the white sand Maluaka Beach and offers expansive sunset and mountain views. One of only two lots remaining for sale, the opportunity is limited, the timing is NOW. Currently, purchasers are eligible to apply for membership in the exclusive Makena Golf & Beach Club (subject to approval) where once approved would provide access to the adjacent private club including fine dining, fitness center, spa, pool, beach activities and the best 18 hole golf course in perhaps all of Hawaii. This could be the single best investment currently available on the Maui market.

Last Agent to Sell the Property

David Richardson

Hawaii Life (W) License #RB-10780 Listed on: 03/01/2021

Hawaii Life (W)

Co-Listed By

Wendy R. Peterson

Island Sotheby's Int'l Rlty(M) License #RS-61995

Last Buyer's Agent

General Public

General Public

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $27,781

Lot Details

  • 1.19 Acre Lot
  • Property fronts a private road
  • Interior Lot
  • Level Lot
  • Cleared Lot

Property Views

  • Mountain Views

Utilities

  • Underground Utilities
  • Private Sewer
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • The community has rules related to building or community restrictions

Recreation

  • Property is near an ocean

Property Details

Property Type

Land

Est. Annual Taxes

$27,781

Lot Details

0

Listing Details

  • Class: Vacant Land
  • District: Wailea/Makena
  • New Developer Offering: Yes
  • Roads: Private, Paved
  • Type: Vacant Land
  • View: Mountain/Ocean
  • Possible Use: Single Family
  • Restrictions: Building, Covenants
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 56.52

Exterior Features

  • Waterfront: Across Street From Ocean

Utilities

  • Sewer: Sewer Private
  • Utilities To Site: County Water, Telephone, Tv Cable, Underground Electricity
  • Water To Site: County Water

Condo/Co-op/Association

  • Association Fees Frequency: Monthly
  • Other Monthly Fees: Maintenance Fees

Lot Info

  • General Land Class: Unimproved Residential
  • Land Acres: 1.187993
  • Land Sq Ft: 51749
  • State Zoning: Rural
  • Topography: Level
  • Improvements: Underground Utilities, Street Lights
  • Lot Description: Clear
  • Lot Location: Inside
  • Number Of Lots In Listing: Four Or More
  • Setbacks: Czo
  • Land Condo: Yes
  • Land Use: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2021
Closed on
Aug 11, 2021
Sold by
S & J Makeana Llp
Bought by
Cmjk Makena Llc
Seller's Agent
David Richardson
Hawaii Life (W)
Buyer's Agent
General Public
General Public
List Price
$3,000,000
Sold Price
$2,925,000
Premium/Discount to List
-$75,000
-2.5%
Current Estimated Value
$3,666,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$741,283
Avg. Annual Appreciation
5.59%
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Buyer Sale Price Title Company
Cmjk Makena Llc $2,925,000 Tg
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2021 08/16/21 Sold $2,925,000 -2.5% $57 / Sq Ft
06/16/2021 06/16/21 Pending -- -- --
03/01/2021 03/01/21 For Sale $3,000,000 -- $58 / 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 $27,781 $3,350,800 $3,350,800 --
2024 $27,781 $3,350,800 $3,350,800 --
2023 $23,380 $3,191,300 $3,191,300 $0
2022 $25,205 $3,419,400 $3,419,400 $0
2021 $11,085 $1,811,200 $1,811,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 390567

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-1-007-123-0000