240 Punakea Loop Lahaina, HI 96761
Launiupoko NeighborhoodEstimated Value: $3,421,000 - $7,277,000
3
Beds
3
Baths
1,449
Sq Ft
$4,137/Sq Ft
Est. Value
Highlights
- Ocean View
- 12.49 Acre Lot
- Central Air
- In Ground Pool
- Main Floor Primary Bedroom
- Ceiling Fan
About This Home
As of January 2023240 Punakea Loop is an inspiration. Set against a backdrop of breathtaking ocean views, the current owners have created an idyllic world that is at once a comfortable home, entertainment center, and exotic arboretum. Located on the upper slopes of Launiupoko, the views from this 16-acre legacy estate are classic West Maui, with the shimmering blue Pacific stretching out below and the islands of Lana’i, Moloka’i, and Kaho’olawe dotting the horizon. The property is unique in that it contains the most diverse collection of fruit-producing trees on Maui. The property includes a beautiful cottage home and a main-house lot that is prepped for building your Maui dream home. The 3-bedroom, 3-bath cottage home, with a total of 1,449 sq. ft. of livable space, underwent an extensive redesign by the current owners. The interior and exterior spaces feature high-quality stonework and offer several independent gathering areas. The home’s spacious bedrooms both have en-suite baths, and the master has an outdoor relaxation area complete with a shower and direct access to the manicured yard. The living room and dining area serve as a gathering point for movie nights, while an inviting corner breakfast nook in the kitchen provides a cozy spot for a meal with friends and family – and the perfect place to savor the bounty of the orchard! This cottage home has more outdoor living space than much larger homes in the area. Amenities include a built-in covered barbecue, a resistance swimming spa, and a jacuzzi tub. The spacious lanai hosts two comfortable sitting areas, both covered, providing ample room for entertaining and welcome shade during the day. The tidy lawn that surrounds the home runs up to a hedge that has been carefully placed and shaped to create the illusion of an infinity edge, connecting the impeccably maintained yard to the Pacific Ocean below. The thoughtful placement of the hedge and a lush stand of coconut palms, complete with a coconut “alter” for harvesting, hint at the carefully crafted landscape beyond. The large Main-Home-lot can accommodate a single-level 6,000 sq. ft. home. The estate is designed as an adult playground. Immediately adjacent to the home is a golf tee and putting green and a giant chess set. A winding garden path leads to the bocce and shuffleboard courts just below. The current owners enjoy evening games using glow-in-the-dark balls! There is also a lighted tennis and pickleball court with a basketball hoop. You have many options when it comes to spending quality time with friends and family. This property brings together two aspirational lifestyle goals: living the ultimate Hawaii resort lifestyle and owning a flourishing organic farm. Ten years of terraforming have transformed the landscape into a wonderland of paved pathways that meander through orchards and gardens. In addition, the orchard is a well-oiled operation, with a team that manages the entire site so you can kick back and enjoy fresh organic food all year long. The property’s electric needs are met by an owned 19 KW photovoltaic system that produces more power than the property currently requires, resulting in net-metering, feeding electricity back into the Maui electric grid. 240 Punakea Loop is a must-see for those who have always dreamed of owning a working organic orchard and living the ultimate Maui lifestyle. The beautiful cottage home on the property has all the creature comforts of any luxury home on Maui, while the orchard is an inspiration for its scale and uniqueness. The main-home lot is a canvas prepped for building your Maui dream home. With 240 Punakea Loop, you get the best of all worlds - your own fiefdom to live your dream Maui lifestyle!
Last Agent to Sell the Property
Welcome Hawaii Properties License #RS-55098 Listed on: 11/07/2022
Last Buyer's Agent
Non-MLS Member
Non-MLS Member
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $41,304
Year Built
- Built in 2005
Lot Details
- 12.49
HOA Fees
- $354 Monthly HOA Fees
Interior Spaces
- 1,449 Sq Ft Home
- Ceiling Fan
- Ocean Views
Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- 3 Bathrooms
Parking
- 2 Car Garage
- Automatic Garage Door Opener
Utilities
- Central Air
- Private Water Source
- Septic Tank
Additional Features
- In Ground Pool
- 12.49 Acre Lot
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 11, 2022
Sold by
Macdonald Brian and Macdonald Suchada
Bought by
Schuster Stuart Carl
Total Days on Market
21
Current Estimated Value
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
4.88%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 30, 2015
Sold by
Macdonald Brian and Macdonald Suchada
Bought by
Macdonald Brian and Macdonald Suchada
Purchase Details
Closed on
May 1, 2012
Sold by
Hay Glenn Orr and Hay Carol Ann
Bought by
Macdonald Brian and Macdonald Suchada
Similar Homes in Lahaina, HI
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Schuster Stuart Carl | -- | Hookele Title | |
| Macdonald Brian | -- | None Available | |
| Macdonald Brian | $1,100,000 | Fntic |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Schuster Stuart Carl | $1,700,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/20/2023 01/20/23 | Sold | $7,000,000 | +2.9% | $4,831 / Sq Ft |
| 11/28/2022 11/28/22 | Pending | -- | -- | -- |
| 11/23/2022 11/23/22 | For Sale | $6,800,000 | 0.0% | $4,693 / Sq Ft |
| 11/10/2022 11/10/22 | Pending | -- | -- | -- |
| 11/07/2022 11/07/22 | For Sale | $6,800,000 | -- | $4,693 / Sq Ft |
Source: Maui MLS (REALTORS® Association of Maui)
Tax History Compared to Growth
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 | $41,304 | $3,341,500 | $1,770,000 | $1,571,500 |
| 2024 | $41,304 | $4,316,700 | $2,817,000 | $1,499,700 |
| 2023 | $20,386 | $2,817,000 | $1,996,700 | $820,300 |
| 2022 | $16,351 | $2,312,600 | $1,566,800 | $745,800 |
| 2021 | $13,967 | $2,171,500 | $1,474,600 | $696,900 |
| 2020 | $11,029 | $1,852,700 | $1,474,600 | $378,100 |
| 2019 | $11,677 | $1,965,900 | $1,597,500 | $368,400 |
| 2018 | $10,696 | $1,782,600 | $1,351,800 | $430,800 |
| 2017 | $8,581 | $0 | $0 | $0 |
| 2016 | $11,212 | $1,980,900 | $1,573,700 | $407,200 |
Source: Public Records
Agents Affiliated with this Home
-
Tyler Coons
Seller's Agent in 2023
Tyler Coons
Welcome Hawaii Properties
(808) 280-2480
18 in this area
98 Total Sales
-
N
Buyer's Agent in 2023
Non-MLS Member
Non-MLS Member
Map
Source: Maui MLS (REALTORS® Association of Maui)
MLS Number: 397303
APN: 2-4-7-011-014-0000
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.
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.
Copyright 2025 – REALTORS® Association of Maui, Inc. All Rights Reserved
Nearby Homes
- 91 Kumu Niu Place Unit A
- 91 Kumu Niu Place Unit B
- 160 Paia Pohaku Place Unit Lot 13 A
- 859 Kai Hele Ku St Unit Lot A
- 972 Kai Hele Ku St Unit A
- 858 Kai Hele Ku St Unit B
- 487 Haniu St Unit 3-A
- 487 Haniu St Unit 3-B
- 0 Haniu St Unit 5B 405972
- 0 Haniu St Unit 4B 405971
- 936 Punakea Loop
- 445 Kai Hele Ku St
- 0 Lau Awa Place Unit Lot 23 405154
- 75 Wailau Place
- 85 Lau Awa Place
- 65 Wili Okai Way
- 52 Lau Niu Way Unit A
- 81 Iliahi Way Unit A
- 1408 Waianukole St Unit A/C
- 52 Iliahi Way
- 240 Punakea Loop Unit Lot 14 B
- 240 Punakea Loop
- 296 Punakea Loop Unit Lot 15
- 225 Punakea Loop
- 130 Punakea Loop Unit 13 B
- 123 Punakea Loop Unit Lot 18B
- 123 Punakea Loop Unit 18 A
- 123 Punakea Loop Unit Lot 18 A
- 123 Punakea Loop Unit A
- 117 Punakea Loop Unit B
- 70 Paia Pohaku St Unit Lot-16 B
- 72 Paia Pohaku St Unit B
- 70 Paia Pohaku St Unit A
- 91 Kumu Niu Place
- 91 Kumu Niu Place Unit A
- 91 Kumu Niu Place Unit B
- Lot 5 B Makila Ridge
- 122 Paia Pohaku St
- 59 Kumu Niu Place Unit A
- Lot 1 Punakea Loop Makila Ridge Unit Lot 1 Makila Ridge