NOT LISTED FOR SALE

26 Ualei Place Kihei, HI 96753

Estimated Value: $6,554,000 - $16,290,658

5 Beds
5.5 Baths
4,383 Sq Ft
$2,606/Sq Ft Est. Value

Last Sold February 22, 2022

Last sale price $16,200,000 $3,696 Per Sq Ft

Est. 29% decrease in value since last sale

Current estimated payment $73,539/month

5 Days on Market

Highlights

  • In Ground Pool
  • Wood Flooring
  • Den
  • Mountain View
  • Furnished
  • Eat-In Kitchen

About This Home

As of February 2022

An incredibly rare opportunity to own one of Makena' finest custom homes in the heart of One Palauea Bay...where the world-class amenities of Wailea meet the tranquil climate of Makena. Masterly developed in 2015 with only the finest craftsmen and materials, the home sits privately on over 1 acre with grand ocean views overlooking Kaho'olawe and Molokini Crater. A 21-acre archeological reserve rests adjacent to the property and is protected from development. The home's seamless indoor-outdoor contemporary design creates a unique living experience that's relaxing and peaceful. The setting is serene, quiet, and private and flows beautifully with the style of the home. Top-tier features include: African mahogany hand scraped flooring and finishes throughout, shell-reef coral tile, vaulted ceilings, Sub-Zero and Wolf appliances, private outdoor bedroom showers, infinity-edge pool and spa, smart home system, and three-car garage with plenty of storage. Being offered furnished. www.MakenaRealEstate.com

Last Agent to Sell the Property

Will McKinney

Coldwell Banker Island Prop(S) License #RS-68209 Listed on: 01/04/2022

Coldwell Banker Island Prop(S)

Last Buyer's Agent

Christina Haywood

Hawaii Life (W) License #RB-19788

Hawaii Life (W)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $135,623

Year Built

  • Built in 2015

Lot Details

  • 1.01 Acre Lot
  • Property fronts a private road
  • Private Streets
  • Fenced
  • Level Lot
  • Sprinkler System

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shake Roof
  • Stucco Exterior
  • Double Stud Wall
  • Masonry

Interior Spaces

  • 4,383 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Shelving
  • Ceiling Fan
  • Chandelier
  • Blinds
  • Entryway
  • Family Room
  • Dining Area
  • Den
  • Storage
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5.5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 3 Car Garage
  • Automatic Garage Door Opener

Eco-Friendly Details

  • Solar Water Heater

Pool

  • In Ground Pool
  • Spa

Utilities

  • Central Air
  • Underground Utilities
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$135,623

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Class: Residential
  • District: Wailea/Makena
  • Other Features: Entry, Lawn Sprinkler, Spa/Hot Tub, Storage, Wall/Fence
  • Perm To Adv Upcoming1: Yes
  • Perm To Adv Upcoming2: Yes
  • Roads: Private Maintenance Fee, Private, Paved
  • Type: Single Family
  • View: Mountain/Ocean
  • Year Built House: 2015
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2015

Interior Features

  • Flooring: Tile, Wood
  • Additional Rooms: Den/Study, Dining Area, Eat-In Kitchen/Nook, Family Room, Laundry Room
  • Bathrooms: 5.5
  • Bedrooms: 5
  • Included: Auto Garage Door Opener, Blinds, Book Shelves, Security System, Ceiling Fan(s), Chandelier/Swag Lamp, Dishwasher, Disposal, Dryer, Furnished, Kitchen Ware, Linens, Microwave, Range, Refrigerator, Smoke/Heat Detector, Solar Water Heating, Washing MacHine
  • Living Area Sq Ft: 4383
  • Master Bedroom Ground Floor: Yes
  • Price Per Sq Ft: 3696.1
  • Total Living Sq Ft: 4383

Exterior Features

  • Construction Data: Double Wall, Masonry, Wood Frame
  • Covered Lanai Deck Sq Ft House: 996
  • Design And Structure: 1 Story
  • Exterior Finish: Stucco
  • Pool: Yes
  • Pool Type: In-Ground
  • Roofing: Cedar Shake
  • Substructure: Concrete Slab

Garage/Parking

  • Garage: Yes
  • Number of Car Spaces: 3

Utilities

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

Condo/Co-op/Association

  • Other Monthly Fees: Maintenance Fees

Lot Info

  • Land Acres: 1.0105
  • Land Sq Ft: 44017
  • State Zoning: Agricultural
  • Topography: Level

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2022
Closed on
Feb 10, 2022
Sold by
Klkr Family Trust
Bought by
Pekibe Trust
Seller's Agent
Will McKinney
Coldwell Banker Island Prop(S)
Buyer's Agent
Christina Haywood
Hawaii Life (W)
List Price
$16,200,000
Sold Price
$16,200,000
Current Estimated Value
$11,422,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,777,671
Avg. Annual Appreciation
-9.48%

Purchase Details

Closed on
Nov 2, 2016
Sold by
Korth James Tyler
Bought by
Korth Reilly Kristie and Klkr Family Trust

Purchase Details

Listed on
Oct 16, 2013
Closed on
Apr 7, 2014
Sold by
B D Real Estate Llc
Bought by
Korth James Tyler
Seller's Agent
Ryan MacLaughlin
Island Sotheby's Int'l Rlty(W)
Buyer's Agent
Volker Weiss
Coldwell Banker Island Prop(S)
List Price
$2,850,000
Sold Price
$1,750,000
Premium/Discount to List
-$1,100,000
-38.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.96%

Purchase Details

Closed on
Mar 18, 2013
Sold by
Palauea Developers Llc
Bought by
Office Of Hawaiian Affairs

Purchase Details

Closed on
Apr 28, 2005
Sold by
Palauea Developers Llc
Bought by
B D Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.72%
Mortgage Type
Unknown
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 Buyer Sale Price Title Company
Pekibe Trust $22,500,000 Title Guaranty & Escrow Servic
Pekibe Trust $22,500,000 Title Guaranty & Escrow Servic
Korth Reilly Kristie $5,950,000 Tg
Korth James Tyler $1,750,000 Tg
Office Of Hawaiian Affairs -- Tg
B D Real Estate Llc $1,825,000 Tg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bd Real Estate Llc $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2022 02/22/22 Sold $16,200,000 0.0% $3,696 / Sq Ft
01/09/2022 01/09/22 Pending -- -- --
01/04/2022 01/04/22 For Sale $16,200,000 +825.7% $3,696 / Sq Ft
04/21/2014 04/21/14 Sold $1,750,000 -38.6% $399 / Sq Ft
03/28/2014 03/28/14 Pending -- -- --
10/16/2013 10/16/13 For Sale $2,850,000 -- $650 / 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 $135,623 $11,406,900 $5,260,100 $6,146,800
2024 $135,623 $11,053,800 $5,260,100 $5,793,700
2023 $101,016 $9,873,300 $4,080,400 $5,792,900
2022 $87,021 $8,753,700 $3,554,800 $5,198,900
2021 $55,529 $7,366,700 $2,550,300 $4,816,400
2020 $49,342 $7,405,400 $2,550,300 $4,855,100
2019 $43,124 $7,259,900 $2,550,300 $4,709,600
2018 $22,344 $7,609,600 $2,002,000 $5,607,600
2017 $46,627 $0 $0 $0
2016 $30,638 $5,413,000 $2,602,600 $2,810,400
2015 -- $2,503,800 $2,503,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 394244

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-1-023-024-0000