NOT LISTED FOR SALE

267 Luawai St Lahaina, HI 96761

Estimated Value: $3,399,000 - $3,435,785

2 Beds
2 Baths
1,000 Sq Ft
$3,417/Sq Ft Est. Value

Last Sold January 16, 2014

Last sale price $1,425,000 $1,425 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $21,482/month

148 Days on Market

Highlights

  • Ocean View
  • 3.25 Acre Lot
  • Furnished
  • Property is near an ocean
  • Lanai
  • Home Security System

About This Home

As of January 2014

Are you ready to be Wowed? Get ready. This is the best deal on Maui. This is a rare UN-CPR’d lot in the private neighborhood of Olowalu Mauka. There are only 14 lots in this exclusive neighborhood and the views are absolutely fantastic. Panoramic, unobstructed views that must be seen. Seasonal sounds of breaching whales thunder up the mountainside. Pristine coral reefs fringe the blue waters directly in front of you. Hike into Iao Valley directly behind you. This is Maui on steroids. Rugged and surreal yet only 10 minutes to Lahaina town’s famous restaurants not to mention Leoda’s Pie Shop within easy walking distance. The 1,000 square foot cottage plus over 250 square feet of covered lanai PLUS a 2 car garage and office (997 square feet) PLUS an outdoor shower are all fully permitted and architecturally brilliant. Built on slab with 8” walls of REAL stucco (not the common synthetic stucco), cleverly designed to provide an oasis on the lanai, this house is as solid as a rock. 8’ tall/2” thick custom-made doors and 12’ tall ceilings create an expansive, open feeling. Stainless appliances (warrantied for 4 more years), gas stove, granite counter tops, cork and stamped concrete flooring throughout, 4 split-system cooling units keep the electric costs nominal, fully furnished! (minus art and personal items), Rinnai on-demand hot water, 4 water meters (2 potable and 2 non-potable), low HOA dues ($250/month) and I am not done. This property is a steal because the lot has not been divided into a residential condo ( aka CPR/subdivided) and it is one of the only two lots in Olowalu Mauka that remain Un-CPR’d. A new Owner can divide the lot and sell off either this fantastic ocean view cottage on an acre ($999,999? $1.2M??) and keep the other 2 ocean view acres for themselves. OR…keep the cottage on a couple of acres and build a spec house next door on just one acre…OR…create their very own luxury Maui estate on the entire 3.25 acres. The possibilities are as endless as the view. Call your Realtor today!

Last Agent to Sell the Property

Deborah Vial

Keller Williams Realty Maui-Ka License #RS-73771 Listed on: 06/26/2013

Keller Williams Realty Maui-Ka

Co-Listed By

Caron Barrett

Coldwell Banker Island Prop(S) License #RS-73772

Last Buyer's Agent

Steven Fuller

Coldwell Banker Island Prop-KP License #RB-20645

Coldwell Banker Island Prop-KP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,094

Year Built

  • Built in 2007

Lot Details

  • 3.25 Acre Lot
  • Gentle Sloping Lot
  • Sprinkler System

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Slab Foundation
  • Shake Roof
  • Masonry
  • Stucco

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Chandelier
  • Drapes & Rods
  • Blinds
  • Stone Flooring
  • Ocean Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Property is near an ocean
  • Lanai

Utilities

  • Mini Split Heat Pump
  • Private Water Source
  • Septic Tank

Community Details

  • Olowalu Mauka Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2480030960000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,094

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • View: Ocean
  • Year Built: 2007
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • SecurityFeatures: Security System, Smoke/Heat Detector
  • Co List Office Mls Id: 8746
  • Co List Office Phone: 808-874-8668
  • Subdivision Name: Olowalu Mauka
  • Carport Y N: No
  • Fireplace: No
  • Garage Yn: Yes
  • Interior Features: Ceiling Fan(s), Chandelier/Swag Lamp, Furnished
  • Unit Levels: One
  • LivingArea: 1000
  • Roof: Cedar Shake
  • WindowFeatures: Blinds, Drapes
  • Tax Year: 2013
  • Special Features: None

Interior Features

  • Flooring: Stone/Concrete
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 2
  • Master Bedroom Master Bedroom Level: Ground

Exterior Features

  • Acres: 3.25
  • View: Yes
  • Waterfront Features: Across Street from Ocean
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Stucco, Masonry
  • Exterior Features: Lawn Sprinkler
  • Foundation Details: Concrete Slab
  • Patio And Porch Features: Covered Lanai/Deck

Garage/Parking

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

Utilities

  • Heating: Room
  • Sewer: Septic Tank
  • HeatingYN: Yes
  • Utilities: Phone Connected
  • Water Source: Private

Lot Info

  • Topography: Gentle Slope
  • Lot Size Sq Ft: 141570
  • ResoLotSizeUnits: Acres
  • Parcel #: 2480030960000
  • ResoLotSizeUnits: Acres

Multi Family

  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 6093.96

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/16/2014 01/16/14 Sold $1,425,000 -10.7% $1,425 / Sq Ft
11/22/2013 11/22/13 Pending -- -- --
06/26/2013 06/26/13 For Sale $1,595,000 -- $1,595 / 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 -- $200 $200 --
2024 -- $300 $300 --
2023 -- $300 $300 --
2022 $0 $300 $300 $0
2021 $0 $300 $300 $0
2020 $0 $300 $300 $0
2018 $0 $300 $300 $0
2016 -- $200 $200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 356733

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-8-003-096-0000