NOT LISTED FOR SALE

282 Luawai St Unit B Lahaina, HI 96761

Estimated Value: $1,778,000 - $2,517,000

2 Beds
2 Baths
998 Sq Ft
$2,292/Sq Ft Est. Value

Last Sold March 30, 2023

Last sale price $2,100,000 $2,104 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $12,561/month

180 Days on Market

Highlights

  • 5.53 Acre Lot
  • Main Floor Primary Bedroom
  • 2 Car Garage
  • Mountain View
  • Storage Room
  • Level Lot

About This Home

As of March 2023

Olowalu Mauka is a highly sought after boutique 14-parcel subdivision nestled along the West Maui Mountains. Boasting front row, panoramic views of Molokini, Kaho'olawe, and Lana'i, this single-level 2BD/2BA home sits on 3.45 acres of a CPR'd, agriculture-zoned parcel. Featuring an attached oversized 2-car garage along with a fully permitted ~1,692SF Ag Building/Storage Area (+ 1 full bath and covered lanai), this open-concept home contains 12ft vaulted ceilings, granite countertops, and travertine flooring. The farm portion of this property has been planted with palms and numerous fruit trees. One of the best features of this property is its central location; not only is it in close proximity to some of the best snorkeling spots on the island, it’s also a short drive away from central Maui and Lahaina town. Come enjoy the warmth and privacy that Olowalu has to offer. Sit on your private lanai and relax as you whale watch or check out the surf from the comfort of your home.

Last Agent to Sell the Property

Diana Valencia

Premier Pacific Properties License #RB-22670 Listed on: 08/17/2022

Last Buyer's Agent

Evan Harlow

Coldwell Banker Island Prop-KP License #RS-82003

Coldwell Banker Island Prop-KP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,212

Year Built

  • Built in 2022

Lot Details

  • 5.53 Acre Lot
  • Level Lot

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 998 Sq Ft Home
  • Storage Room
  • Mountain Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Bathrooms

Utilities

  • Underground Utilities
  • Private Water Source

Community Details

  • Olowalu Mauka Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,212

Year Built

Built in 2022

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Class: Residential
  • District: Olowalu
  • Perm To Adv Upcoming1: Yes
  • Perm To Adv Upcoming2: Yes
  • Type: Single Family
  • View: Mountain/Ocean
  • Year Built House: 2022
  • Geo Subdivision: HI
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2022

Interior Features

  • Additional Rooms: Storage Room
  • Bathrooms: 2
  • Bedrooms: 2
  • Living Area Sq Ft: 998
  • Master Bedroom Ground Floor: Yes
  • Price Per Sq Ft: 2104.21
  • Total Living Sq Ft: 998

Exterior Features

  • Covered Lanai Deck Sq Ft House: 688

Garage/Parking

  • Garage: Yes
  • Number of Car Spaces: 2
  • Garage Parking Sq Ft House: 768

Utilities

  • Ohana Utilities To Site: Private Water, Underground Electric

Condo/Co-op/Association

  • Association Fees Frequency: Monthly
  • Association Fees: 200
  • Residential Condo: Yes

Lot Info

  • Cpr Land Acres: 3.45
  • Cpr Land Sq Ft: 150282
  • Land Acres: 5.53
  • Land Sq Ft: 240887
  • State Zoning: Agricultural
  • Topography: Level, Gentle Slope
  • Geo Address Line: 282 Luawai St
  • Geo Primary City: Lahaina
  • Geo Quality: 0.95
  • Geo Zoom Level: 16

Tax Info

  • Taxes Per Month: 190.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2022
Closed on
Mar 23, 2023
Sold by
Valencia Orlino Macdonald Portela and Valencia Leti
Bought by
Noble Mark Christopher and Noble Guinevere Adella
Seller's Agent
Diana Valencia
Premier Pacific Properties
Buyer's Agent
Evan Harlow
Coldwell Banker Island Prop-KP
List Price
$2,375,000
Sold Price
$2,100,000
Premium/Discount to List
-$275,000
-11.58%
Current Estimated Value
$2,287,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,538
Avg. Annual Appreciation
3.40%
Original Mortgage
$1,575,000
Outstanding Balance
$1,527,219
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$760,319

Purchase Details

Closed on
Sep 27, 2019
Sold by
Rector Robert and Rector Maria A
Bought by
Valencia Orlindo Macdonald Portela and Valencia Leticia Marcelino

Purchase Details

Listed on
Jul 2, 2015
Closed on
Jun 23, 2016
Sold by
Vandervelde Henry
Bought by
Rector Robert and Rector Maria A
Seller's Agent
Robbie Dein
Maui Real Estate Advisors LLC
Buyer's Agent
Violeta Ylaite
Coldwell Banker Island Prop-Ku
List Price
$634,000
Sold Price
$600,000
Premium/Discount to List
-$34,000
-5.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.44%

Purchase Details

Closed on
May 27, 2011
Sold by
Vandervelde Henry and Atherton Sandra Starr
Bought by
Vandervelde Henry and The Henry Vandervelde Trust
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
Noble Mark Christopher -- Fidelity National Title
Valencia Orlindo Macdonald Portela $725,000 Fnt
Rector Robert $600,000 Tg
Vandervelde Henry -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Noble Mark Christopher $1,575,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/30/2023 03/30/23 Sold $2,100,000 -11.6% $2,104 / Sq Ft
02/13/2023 02/13/23 Pending -- -- --
08/17/2022 08/17/22 For Sale $2,375,000 +295.8% $2,380 / Sq Ft
06/29/2016 06/29/16 Sold $600,000 -5.4% $2 / Sq Ft View Prior Sale
06/04/2016 06/04/16 Pending -- -- --
07/02/2015 07/02/15 For Sale $634,000 -- $3 / 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 $3,212 $1,934,500 $1,199,000 $735,500
2024 $3,212 $2,006,000 $1,300,700 $705,300
2023 $2,519 $1,609,500 $1,019,900 $589,600
2022 $2,287 $1,336,900 $800,200 $536,700
2021 $3,884 $653,800 $649,400 $4,400
2020 $3,951 $724,900 $720,500 $4,400
2019 $4,953 $784,900 $780,500 $4,400
2018 $4,175 $661,600 $660,400 $1,200
2017 $4,087 $0 $0 $0
2016 $361 $601,600 $600,400 $1,200
2015 $4,283 $471,900 $470,700 $1,200
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2023

    Diana Valencia

    Premier Pacific Properties

    (808) 268-3274

    3 in this area

    8 Total Sales

    Diana Valencia
    Section Image
  • Evan Harlow

    Buyer's Agent in 2023

    Evan Harlow

    Coldwell Banker Island Prop-KP

    (808) 214-4799

    18 in this area

    72 Total Sales

    Evan Harlow
    Section Image
  • Robbie Dein

    Seller's Agent in 2016

    Robbie Dein

    Maui Real Estate Advisors LLC

    (808) 250-3564

    9 in this area

    129 Total Sales

    Robbie Dein
    Section Image

  • K

    Seller Co-Listing Agent in 2016

    Ken Hayo

    Maui Real Estate Advisors LLC

    (808) 283-8435

    8 in this area

    121 Total Sales

    Ken Hayo
    Section Image
  • Violeta Ylaite

    Buyer's Agent in 2016

    Violeta Ylaite

    Coldwell Banker Island Prop-Ku

    (808) 450-4975

    1 in this area

    23 Total Sales

    Violeta Ylaite
    Section Image
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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 396731

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-8-003-085-0002

Hawaii Maui County Lahaina 96761

282 Luawai St Unit B, Lahaina, HI

This home is located at 282 Luawai St Unit B, Lahaina, HI 96761 since 17 August 2022 and is currently estimated at $2,287,538, approximately $2,292 per square foot. This property was built in 2022. 282 Luawai St Unit B is a home located in Maui County with nearby schools including Princess Nāhiʻenaʻena Elementary School, Lāhainā Intermediate School, and ​Lahainaluna High School.

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.

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