$1,067,500
SOLD APR 15, 2025

2881 S Kihei Rd Unit 80 Kihei, HI 96753

3 Beds
3 Baths
1,395 Sq Ft
12.25 Acres

Recently Sold

$765 Per Sq Ft

11% Below List Price

57 Days on Market

Highlights

  • Heated In Ground Pool
  • Solar Power System
  • Mountain View
  • Property is near an ocean
  • 12.25 Acre Lot
  • Furnished

About This Home

As of April 2025

Discover the perfect blend of space, comfort, and location with this rarely available 3 bed, 3 bath unit in Maui Hill, one of South Maui’s legacy resorts near Wailea. With 1,395 sq. ft. of living space and soaring cathedral ceilings, this unit offers more room than comparable properties at an unbeatable value. This leasehold property, with a master lease extending through 2064, does allow for financing options. Lovingly maintained by the same owners for 35 years, it has been a successful vacation rental through Maui Hill’s onsite rental program. The home’s standout feature is a stunning custom wood staircase leading to a second primary suite with its own private lanai—perfect for relaxation. The downstairs level includes two additional lanais: one shared between the living area and the primary suite, offering peekaboo ocean and mountain views, and another off the second bedroom. Updated bathrooms provide a modern touch, while the kitchen awaits your personal design vision. Set on 12 acres of lush ocean-view property, Maui Hill offers an array of resort-style amenities, including a large heated pool and hot tub, tennis courts, putting green, bocce, shuffleboard, and more. Located directly across from Keawakapu Beach, you’re just steps away from scenic beach strolls and minutes from shopping, dining, and the Kihei Boat Ramp, where snorkeling adventures begin. Whether you’re seeking a high-value vacation rental or a spacious long-term residence, this property delivers. Contact your favorite Realtor today for a private showing and experience all this exceptional condo has to offer.

Last Agent to Sell the Property

Josh Feyen

Coldwell Banker Island Prop-Ku License #RS-83497 Listed on: 01/10/2025

Coldwell Banker Island Prop-Ku

Last Buyer's Agent

Josh Feyen

Coldwell Banker Island Prop-Ku License #RS-83497 Listed on: 01/10/2025

Coldwell Banker Island Prop-Ku

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,186

Year Built

  • Built in 1981

Home Design

  • Pillar, Post or Pier Foundation
  • Tile Roof
  • Double Stud Wall
  • Stucco

Interior Spaces

  • 1,395 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Drapes & Rods
  • Mountain Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • Heated In Ground Pool
  • Spa

Schools

  • Kamalii Elementary School
  • Lokelani Intermediate
  • Maui High School

Additional Features

  • Solar Power System
  • Property is near an ocean
  • Land Lease expires 11/20/64
  • No Heating

Listing and Financial Details

  • Assessor Parcel Number 2390040810080

Community Details

Overview

  • Low-Rise Condominium
  • Maui Hill Community
  • Maui Hill Subdivision

Pet Policy

  • No Pets Allowed

Security

  • Fire and Smoke Detector

Recreation

  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,186

Year Built

Built in 1981

Lot Details

0

Listing Details

  • View: Mountain/Ocean
  • Year Built: 1981
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • PoolFeatures: In Ground, Heated
  • SecurityFeatures: Smoke/Heat Detector
  • Subdivision Name: Maui Hill
  • Carport Y N: No
  • Fireplace: No
  • Garage Yn: No
  • Interior Features: Ceiling Fan(s), Furnished, Inventory, Kitchen Ware, Linens
  • LivingArea: 1395
  • Green Power: Solar
  • Property Attached Yn: Yes
  • Roof: Monier Tile/Tile
  • Structure Type: Low-Rise 1-3 Stories
  • WindowFeatures: Drapes
  • Tax Year: 2024
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Spa Features: Spa/Hot Tub
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 3

Exterior Features

  • Acres: 12.25
  • View: Yes
  • Waterfront Features: Across Street from Ocean
  • Waterfront: No
  • Disclosures: Property Disc Statement
  • Home Warranty: No
  • Construction Type: Stucco, Double Wall
  • Exterior Features: Tennis Court(s)
  • Foundation Details: Pillar/Post/Pier

Utilities

  • Sewer: Public Sewer
  • HeatingYN: No
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Schools

  • Elementary School: Kamalii Elementary
  • High School: Maui High
  • Middle Or Junior School: Lokelani Intermediate

Lot Info

  • Lot Size Sq Ft: 533610
  • ResoLotSizeUnits: Acres
  • Parcel #: 2390040810080
  • ResoLotSizeUnits: Acres

Green Features

Rental Info

  • Pets Allowed: No
  • Lease Term: Short Term Lease

Multi Family

  • Lease Expiration: 2064-11-20
  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 10186.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2025
Closed on
Apr 8, 2025
Sold by
Lockheimer Family Trust and Manfred F Lockheimer Trust
Bought by
Tognetti Family Trust and Tognetti
Seller's Agent
Josh Feyen
Coldwell Banker Island Prop-Ku
Buyer's Agent
Josh Feyen
Coldwell Banker Island Prop-Ku
List Price
$1,200,000
Sold Price
$1,067,500
Premium/Discount to List
-$132,500
-11.04%
Views
29
Current Estimated Value
$1,212,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,065
Avg. Annual Appreciation
21.66%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Deed -- Fnt
Deed -- Fnt
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2025 04/15/25 Sold $1,067,500 -11.0% $765 / Sq Ft
03/08/2025 03/08/25 Pending -- -- --
01/10/2025 01/10/25 For Sale $1,200,000 -- $860 / 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 $10,186 $1,364,000 $146,000 $1,218,000
2024 $10,186 $814,900 $146,000 $668,900
2023 $13,549 $1,143,400 $146,000 $997,400
2022 $9,551 $806,000 $115,300 $690,700
2021 $9,334 $840,000 $115,300 $724,700
2020 $8,451 $762,700 $115,300 $647,400
2019 $7,595 $706,500 $88,400 $618,100
2018 $6,220 $670,300 $88,400 $581,900
2017 $5,546 $0 $0 $0
2016 $6,147 $705,700 $88,400 $617,300
2015 $5,610 $654,000 $76,800 $577,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 404593

Maui MLS (REALTORS® Association of Maui)

APN: 2-3-9-004-081-0080